Darrenocl's Finance Blog

It is that time of the year where I go through my portfolio and recent transactions. I currently hold 6 stocks with their respective returns: 1) UMS (-5.80%) 2) AEM (-9.52%) 3) China Sunsine (+34.81%) 4) Breadtalk (+25.71%) 5) VICOM (+4.97%) 6) SBS Transit (-0.17%) The returns are inclusive of the dividends paid out.  For more information, you can view it here ! I have relooked at the financials of both UMS and AEM and have decided to double down on UMS since my last post . Naturally, my portfolio is more sensitive to the semiconductor industry. I am still extremely bullish for China Sunsine that I decided to average up. Before averaging up, returns for China Sunsine reached +77.95%. Funny enough, my first post that was uploaded on my blog. I'd say I got pretty lucky! As for what I will be looking to acquire for the next quarter, that will depend on the next release of quarterly results. My plan is to acquire 2 shares per quarter (begi...

Due to the nature of my investment strategy, earnings release would usually cause movements in what it deems as an attractive stock (Above average business at below average prices). I will be zooming into these 2 stocks for my purchase in 2Q18. My plan is to put SGD 11,250 in each of these 2 counters and hold it for at least a year before reviewing them again. The first of which was mentioned in my previous post : VICOM Limited (SGX: V01) Current Strategy Statistics as of 26th Feb 2018 Market Cap: SGD 534mn EBIT/Enterprise Value: 7.1% (Ranked 13th) EBIT/(Net working capital + Net Fixed Assets): 94.7% (Ranked 3rd) Almost every driver/rider on the road knows VICOM, including myself. It is majority owned by ComfortDelGro, you know, the taxi company. Revenues dipped 4.15% YoY in FY17, which indicates that motorists may be taking their vehicles to other inspection centres. A quick search on Google shows that there are 3 main vehicle inspection centres in Singapore, namely VIC...

Recent Updates: I have liquidated my holdings in Starhub for a loss. I am forcing myself to be disciplined by closing out my positions from my legacy portfolio and investing them in stocks that I see potential based on my new found approach to investing. Below are the stocks that I will be considering for my purchase in March. I will be looking to acquire 2 stocks. The ranking below is based on a total of 42 stocks that fit my criteria as of writing this post. Delong Holdings Limited (SGX:BQO) Market Cap: SGD 425mn EBIT/Enterprise Value: 105.3% (Ranked 1st) EBIT/(Net working capital + Net Fixed Assets): 51.7% (Ranked 7th) Business Description:  Delong Holdings Limited is an investment holding company. The Company is principally engaged in the manufacture and sale of hot-rolled steel coil (HRC), with the People's Republic of China as its principal market. The Company operates through manufacture and sale of hot-rolled steel coils and billets segment. The Company's...