Wednesday, June 7, 2017

The Next Investment Books in My Target List - to be completed by March 2018


Below are the list of my next target Investment Books which i aim to complete them by March 2018:

1. The Most Important Thing Illuminated by Howard Marks & Paul Johnson

2. Poor Charlie's Almanack by Peter Kaufman

3. The Little Book of Common Sense Investing by Jack Bogle

4. The Outsiders by William Thorndike Jr

5. Jack: Straight from the Gut by Jack Welch & John A. Byrne

6. Warren Buffet's Ground Rules by Jeremy C Miller

7. Where Are the Customers' Yachts? by Fred Schwed

8. Warren Buffet Accounting by Stig Brodersen & Preston Pysh

Good luck to me!!!

My Investment Books - Update

Below are the list of my Investment Books i have read/reading:


(1) One Up on Wall Street --by Peter Lynch

(2) The Zulu Principle --by Jim Slater

(3) Intelligent Investor --by Benjamin Graham

(4) Common Stocks & Uncommon Profits --by Philip Fisher

(5) The Essay of Warren Buffet --by Lawrence A. Cunningham

(6) Behind the Berkshire Hathaway Curtain --by Ronald Chan

(7) Value Investing in Growth Company --by Rusmin & Victor Chng

(8) Investlah --by Serjing, Sudhan, Wei Lin

(9) Buffet's Bite -The Essential Investor's Guide to Warren Buffet's Shareholder Letters --by L.J. Rittenhouse

(10) Your First Million - making it from stock --by Dr Michael Leong

(11) The Neatest Little Guide to Stock Market Investing --by Jason Kelly

(12) The Value Investor --by Ronald Chan

(13) Fooled by Randomness --by Nassim Nicholas Taleb (not completed yet)

(14) Security Analysis --by Benjamin Graham (not completed yet)

(15) The Winning Investment Habits of Warren Buffet & George Soros --by Mark Tier

(16) The Buffet Essay Symposium with Warrent Buffet & Charlie Munger --by Lawrence A. Cunningham

(17) Buffettology --by Mary Buffet & David Clark

(18) Simply Brilliant --by William C. Taylor

(19) Long & Short: Confession of a Portfolio Manager (Stock Market Wisdom for Investors) --by Lawrence Creatura

(20) The Little Book That Still Beats The Market --by Joel Greenblatt



Thursday, May 25, 2017

My Investment Books - Update


Below are the list of my Investment Books i have read/reading:


(1) One Up on Wall Street --by Peter Lynch

(2) The Zulu Principle --by Jim Slater

(3) Intelligent Investor --by Benjamin Graham

(4) Common Stocks & Uncommon Profits --by Philip Fisher

(5) The Essay of Warren Buffet --by Lawrence A. Cunningham

(6) Behind the Berkshire Hathaway Curtain --by Ronald Chan

(7) Value Investing in Growth Company --by Rusmin & Victor Chng

(8) Investlah --by Serjing, Sudhan, Wei Lin

(9) Buffet's Bite -The Essential Investor's Guide to Warren Buffet's Shareholder Letters --by L.J. Rittenhouse

(10) Your First Million - making it from stock --by Dr Michael Leong

(11) The Neatest Little Guide to Stock Market Investing --by Jason Kelly

(12) The Value Investor --by Ronald Chan

(13) Fooled by Randomness --by Nassim Nicholas Taleb (not completed yet)

(14) Security Analysis --by Benjamin Graham (not completed yet)

(15) The Winning Investment Habits of Warren Buffet & George Soros --by Mark Tier

(16) The Buffet Essay Symposium with Warrent Buffet & Charlie Munger --by Lawrence A. Cunningham

(17) Buffettology --by Mary Buffet & David Clark

(18) Simply Brilliant --by William C. Taylor

(19) Long & Short: Confession of a Portfolio Manager (Stock Market Wisdom for Investors) --by Lawrence Creatura (have purchased online and waiting for the book to arrive)




Monday, May 22, 2017

May 2017 Transaction Update


It has been more than one month since i last updated my blog. I have been quite busy recently: both going through some of reports released early of this month and also with my work.


What i have Bought?


I have browsed through total of 339 reports of different companies for this Quarter. As usual, i eliminated all Blue chips & S chips, property, finance, oil & gas, and commodities counters.

Out of the 339 companies, i selected Frencken which met my buying criteria and i quickly bought 100k shares @39cts per share in the morning of 12th May 2017 after they released their Q1 report the night before. I also had went through about 8 quarters of their reports & Annual Reports.

Below are the preliminary thing i am looking at Frencken before going to their subsequents 8 quarters of report & their Annual Reports:

(1) The company reported an increase of 17.9% revenue YtoY in the same quarter.
(2) Gross profit margin increases to 17.2% from 15.2% YtoY in the same quarter.
(3) PBT (Net profit before tax) increases to 8.4mil from 4.4mil YtoY in the same quarter.
(Revenue increases by 17.9% but net profit before tax increases by 91%),
(4) Disposal of PESB (one of the business unit from IMS division) and boosted their cash level to 60mil & 33.2mil after deducting bank overdraft.

Will elaborate more when i have time to do so.


What i have Sold?


I decided to cash out about 18 - 20% of my equity in this quarter, so in the case the market shocks and i will not easily be shocked too.

I sold all my holding of Global Invacom @16.3cts/share & Taisin Electric @43.5cts/share.


What am i holding now?


(1) Sunningdale

(2) Best World

(3) 800 Super

(4) Avi-Tech

(5) Innotek

(6) Frencken





Thursday, April 13, 2017

How important is Business Growing Rate in my investment?

Business Growing Rate in my investment:

(1) The compound growing ratio of the business in a percentage change of variable in a specific time (annually).

(2) They are the growing rate of: Revenue, Gross Profit, Net Profit, Cash, & Dividend.

(3) Personally, i think it is not possible to determine the specific value of a business in a specific time, but it is very important to determine the annual compound growth rate of the business based on several past historical trends together with current business & management's plan.

(4) To compare it with other investment.


So, Business Growing Rate (BGR) is one of the most crucial thing to look at in my investment.