Wilmar China

back to basics

what do you want eventually when you invest
profits, profits and more profits
this blog failed to achieve its original intention due to the fact that the owner doesnt have enough time allocated for regular posting and link exchanging
From now on, posts which are still work in progress will be published
thanks

aenith's aim
in 5-10 yrs time - matching 30% of the professionalism that belongs to an investment blog
in 10-15 yrs time - matching certain ranges of basic analytics provided by small research/analytics firm

China Hongxing, China Sports, Hongguo

China Hongxing Dec 560 0.200 0.22 10% Hold 15.1 10.4 7.9 38 0.6x 0.6x

China Sports      Dec 147 0.175 0.26 49% Buy 4.2 4.0 3.8 5 0.7x 0.6x 

Hongguo Int      Dec 131 0.330 0.30 -9% Hold 9.1 6.5 5.4 30 1.0x 0.9x 

Among these three, Hongguo is the most expensive from valuation point of view and yet it is the only to be delisted so far. Perhaps something is missing from the list.

Well, let me ask one question here, when quality of life improves(i.e. income), what do you think is most likely to happen?

Buy extra sports shoes(for male) or buy extra ladies' footwear(for ladies)?

lol

Fighting over loss making company

Why? Why is YTL Cement and Holcim fighting over a loss making Jurong Cement and bidding to buy its shares from $1.28 to $2.50?

Telecom sector - OVERWEIGHT

Show me the statistic!

The special administrative region has 0.9 million subscribers in total, or a 180% penetration rate

and still GROWING(http://www.dsrt.gov.mo/eng/Facts/stats/MainService2009b.html)

Show me the money!

SingTel
FY09 : Mar
12.5
S$3.05
4.098%
14.07


M1
FY08 : Dec
13.4
S$1.86
7.204%
11.07


StarHub
FY08 : Dec
18.0
S$2.07
8.696%
11.32

What is your opinion?

I searched everywhere but cant find any brokerage report on telecommunication sector growth forecast for Singapore that is close to my wild guess. Although Singapore mobile subscriber does not start from a low base compared to this specific SAR, but never ever underestimate the total effects brought about thru the concentrated effort of various government agencies and private sectors in Singapore, namely STB, LTA, RWS, MBS, etc etc

 

S-REIT yield compression continues...

why?

else how to list VivoCity, more Indiabulls，more Syarish compliant REITs

how?

thru concentrated effort of various agencies with rights issues(mostly),asset injection below curreny yield and etc etc

What is your opinion?

Stay tuned!

For those who cant get enough of Good to Great, here’s the “expansion pack”

http://ocw.mit.edu/OcwWeb/Sloan-School-of-Management/15-963Spring-2008/LectureNotes/index.htm