MilkTeaBro
MilkTeaBroCertificated Individuals
Tiger Certification: A retail investor with more than 20 years investment experience
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avatarMilkTeaBro
2023-10-07

the privatization of Haitong International

On the evening of October 6, Haitong International announced that the offeror, Haitong International Holdings Co., Ltd., will privatize the company through an agreement arrangement in accordance with Article 99 of the Company Law after the prerequisites are met. For the privatization of Haitong International, the cash for each canceled planned share is HK$1.52, which is a premium of approximately 114% to the latest closing price. I placed a 6000 shares limit order, 1.21HK$, 80% of offered price. I bet the privatization process would be successful. The current P/B at 0.71HK$ = 0.26, so the offered price is still around 0.5 P/B, reasonable bargain.  $HAITONG INT'L(00665)$  
the privatization of Haitong International
avatarMilkTeaBro
2023-07-03
2023 mid-year recap - Sushi price Fresh Sushi are sold in the super market, in the morning, it is original price and it is 50% off in the evening after 8:00 pm if it has leftovers. It happens daily. It's easy to guess, tomorrow night at 8:30pm , what's the Sushi price, tomorrow morning 8am, what is the Sushi price. There's a similar cycle like Sushi price in the financial markets , it's Fed interest cycle.  Fed hikes interest, no risk assets yield is 5% now, all other assets price have to give discounts to match Fed interest yeild. For example, the Singapore REIT , all of them present 5-10% yield now. I am not surprised that some US banks declared bankrupt because they placed too much cash on long term investment grade bond. unfortunately, all those bond prices dropped. What assets ar
avatarMilkTeaBro
2023-07-07

CapLand Ascendas REIT private placement

CapLand Ascendas REIT closed a private placement at issued price 2.727 on 16 May 2023. The investment bank and financial institute are qualified person who can take the private placement. That price did not entitle the dividend payout on 26 Jun 2023. Anyone can buy Ascendas at below 2.72 now are luckier than the smart financial expert. Fed will have two more 0.25 interest hike, Powell looks not bluffing. It could be power of ‘last straw’ to the market. But the actual impact is only on ‘emotional level’. There is not much difference between 5.0 and 5.5. The most import that we are very close to the end of tunnel, it is not far away from stopping interest hike. RHB gave a comment on Ascendas REIT, ‘ A Defensive Shelter’ on 4 May 2023, TP 3.25. $A
CapLand Ascendas REIT private placement
avatarMilkTeaBro
2022-02-22

Earnings Season-Aztech Global growth strong

Growth Momentum Continued into FY2021.The Group generated free cash flow of $37.1 million for FY2021.Dividend pay-out ratio of 51.9% on Strong FY2021 Financial Performance, proposed 0.05 SGD.Order book remains Strong.Previous Aztech Group was delisted from SGX due to business diversified development failed. Same management Aztech Global IPO last year again, focused on IOT electronic products. From the cash flow and dividend payout, I observed Aztech was doing well and willing to share profits with investors. Everyone can make mistake. Investors may give management a second change. Current P/E=0.915/0.1= 9.15, order book remains strong.$Aztech Gbl(8AZ.SI)$ @
Earnings Season-Aztech Global growth strong
avatarMilkTeaBro
2022-03-27

All about EV

In terms of energy consumption, electric vehicles are relatively lower, saving an average of $11.56 per 100 kilometersThe absence of engine and fuel components reduces maintenance and repair costs for electric vehicles by 50 percent.Maybe many people have such a doubt: power generation also consumes energy, so compared with fuel, where is the environmental protection of electric vehicles?From the perspective of production and energy consumption, it is undeniable that the production of electric vehicles emits an average of 30 to 40% more greenhouse gases than the production of fuel vehicles. Among them, the battery is the part that emits the most greenhouse gases in the production process.However, the low energy consumption in driving will make the environmental protection of electric vehic
All about EV
avatarMilkTeaBro
2022-02-28

How to play dividend stocks

I read an article from Tiger_Academy, if you need to live on dividends...@Tiger_Academy I would like to share my opinion regarding dividend stock.First what is dividend stock?Dividend stock needs meet two conditions.1.     Dividend yield must be double then 10 years Government bond yield, at least 4%.2.     Dividend stock business model is low ‘β’ , that means business profits was stable and easily to forecast.Profits was stable and easy to forecast. Let me give a few samples for dividend stock.$P7VU(P7VU.SI)$ $和记港口信托(NS8U.SI)$ Port busi
How to play dividend stocks
avatarMilkTeaBro
2022-07-23

"Bubble Prophet" Jeremy Grantham

No one likes bad news, but if the "bad news" the person says turns out to be true, the news has value. "Bubble Prophet" Jeremy Grantham is unique in the industry because he accurately judged that the Japanese stock market peaked in the late 1980s, the technology bubble in 1999, and the US real estate bubble in 2007.Jeremy Grantham's latest "bubble theory" came in an interview last July. This article is that "old news", but it is published today because he's right again this time."We're in a bubble and the decline could be in a few months," he said last July. He reminded not to invest in the U.S. stock market, and do not invest in the 5 major technology leaders in the U.S. stock market; if you want to invest, invest in emerging markets, especially the Chinese market, "Due to the size and gr
"Bubble Prophet" Jeremy Grantham
avatarMilkTeaBro
04-28 14:56
Sell in May and go away could be correct for Singapore stocks. This is a seasonal factor of dividend payments. And SGX is a solid dividend stocks market which has no dividend income tax. Most of SG listed companies ex-dividend date are in May, properly stock price peaks are just before ex-dividend date. I buy low and sell high $STI ETF(ES3.SI)$ many times in a small amount for coffee money. 5%   profits is ok because $STI ETF(ES3.SI)$ dividend yield is 4%. I could earn two times 5% in a year from STI ETF.
avatarMilkTeaBro
2022-04-02

My Q1 2022 quarterly review 1季度复盘

Q1 2022 has finished, I would like to submit my Q1 quarterly financial report to Tiger Brokers.Personal profile: a salary worker, small conservative retail investor, live in Singapore.Tiger account P&L analyst showed RoR 2.99%.Top released gain: HPHTop released loss: Aztech, not really sold out, to contorl position and risk. Top floating gain stocks is Wilmar.Top floating loss stock is HST. Tiger account analyst did not add dividend, since I am conservative retail investor, I main positions are on ETF, dividend, and blue-chip stocks. Dividend income is important to my portfolio. Here is secured dividend income up to today.There is huge fluctuation in stock market in 1Q 2022. I added 30K SGD stocks on $上海实业环境(BHK.SI)$
My Q1 2022 quarterly review 1季度复盘
avatarMilkTeaBro
2022-07-16

OCBC maintains ‘buy’ for HPH with reduced TP

OCBC Investment Research has kept a “buy” rating for Hutchison Port Holdings Trust (HPH Trust) with a lower target price of 26 US cents (36.5 cents) from 28 US cents previously.The “modest adjustment” to HPH’s target price comes off the back of a revised forecasted growth rate for overall throughput volume, cost assumptions and an increased risk free rate of 3%, writes analyst Chu Peng.“As we head into 2H2022, we could see further recovery ahead as manufacturers restore production. However, the outlook remains uncertain given global economic weakness and supply chain disruptions,” writes the analyst.$HUTCHISON PORT HOLDINGS TRUST(NS8U.SI)$ $HUTCHISON PORT HLDGS TRUST
OCBC maintains ‘buy’ for HPH with reduced TP
avatarMilkTeaBro
2022-09-30
I am a conservative investor. My investment object is dividend stock and low p/e ETF. When market was crashing, I added my position at 5% pace, 5% down from my previous purchase price buy again. Currently my cash was just enough for this goal. I need to redeem my Singapore Savings bonds for next cycle of US Federal interest hike. I used this strategy to  buy oil stocks from March 2020. And I sold out them gradually after Covid 19 vaccine release to market. It's proven to work.My current portfolio, if stock price was same, 3 years dividend income can cover all my loss. I have faith on my investment.
avatarMilkTeaBro
2022-06-25

unlimited support from mainland

President Xi Jinping will attend the celebration of the 25th anniversary of Hong Kong's return to the motherland and the inauguration ceremony of the sixth government of the Hong Kong.Unlimited support from mainland, no worries on HK dollars.$TRACKER FUND OF HONG KONG(02800)$$Lion-OCBC Sec HSTECH S$(HST.SI)$$Alibaba(09988)$$TENCENT(00700)$
unlimited support from mainland
avatarMilkTeaBro
2022-02-03

Listing Of Adani Wilmar

$WILMAR INTERNATIONAL LIMITED(F34.SI)$Listing Of Adani Wilmar On The National Stock Exchange Of India Adani Wilmar has finalised its IPO price range at Rs218-230 per share. We view this positively to unlock shareholder value by unleashing the true value of its subsidiary.However, we expect the impact from AWL to Wilmar to be marginal as the contribution of AWL is about 5% of Wilmar Group’s earnings as compared with YKA which contributed 60-70%. We are not expecting any special dividend post listing of AWL. Maintain BUY. Target price: S$6.00.
Listing Of Adani Wilmar

China Stock Market by The Fifth Person

I watch a YouTube video from The Fifth Person, China Stock Market: Year of The Dragon or Dead Cat Bounce? The Fifth Person are local Singaporeans company who service and advice retail investors. It is interesting to see the opinions from Singaporean on China stock market. The Video is around 30 minutes. Let me summary the main ideas for you. 1. China/ HK stocks are cheap now. HSI and PE are at negative 2 standard deviation. 2. It is a psychology game. No matter how China stocks are cheap, how the company are great, they are trash, they are proven can’t earn money. People have no interest in investing in them. But the sentiment can change anytime, anything can happen in the market. we don’t know when it will U turn. 3. Foreign funds don’t mind investing in China or US, they simply chase mo
China Stock Market by The Fifth Person
avatarMilkTeaBro
2022-08-16

Don't touch my Cheese

I believe that the conflicts between China and Western countries will continue and even intensify in the next few years. The main reason why the world will become more turbulent is China. Do not misunderstand! This is definitely not because China has done anything wrong, but because of the upgrading of China's industry, the sharp edge of competitiveness is directly inserted into the traditional advantageous territory of the West, which is an inevitable result. Anyone who has experienced real market competition can understand that peers are enemies.  Competition is so cruel, it's a matter of money and jobs, which is not much less than the revenge of killing the father. Democracy and human rights are all pretense. ​​​​​​​​The reason for the intensification of the conflict between China
Don't touch my Cheese
$KepPacOakReitUSD(CMOU.SI)$ as insider reduced his position at such low price, it is reasonable to wait until price is stable, no rush to buy it. 
avatarMilkTeaBro
2021-09-08

Review of Singapore O&G Ltd

$SINGAPORE O&G LTD.(1D8.SI)$ Singapore O&G Ltd got my attention because it had no volume yesterday morning trading hours except my placed order filed.So, I looked deeper for this company.Established in 2011, Singapore O&G Ltd. (SOG) is a leading healthcare service provider dedicated towards delivering premier medical services to women’s and children’s health and wellness at affordable prices.This stock P/E was 12.15 and dividend yield was 7.12%, these numbers were top in the health care industry.Tiger BrokersThe company operation revenue was stable.https://sog.listedcompany.com/financial_highlights.htmlNet profit was stable expect last year loss 1.1 million.https://sog.listedcompany.com/financial_highlights.htmlI co
Review of Singapore O&G Ltd
avatarMilkTeaBro
2022-08-07

Earnings Season: CAO 1H2022 Staying resilient and profitable

China Aviation Oil 1H 2022 oil trading volumes drop -36%, net profit drops -19%. The profit drop main reason is China main cities Covid-19 lock down in Feb-Apr 2022. Now China has tuned Covid-19 control policy gentler. CAO performance has been bottomed out in 1H2022.CAO remained resilient and profitable despite pandemic and global challenge. Soon or later China will like other countries which has open border further.CAO management also was cautiously optimistic on its performance of FY2022.If you missed out SQ $SINGAPORE AIRLINES LTD(C6L.SI)$ take off you still have chance on  $CHINA AVIATION OIL(S) CORP LTD(G92.SI)$  
Earnings Season: CAO 1H2022 Staying resilient and profitable
avatarMilkTeaBro
2022-05-26

If you put your heart to it you can achieve anything

If you put your heart to it you can achieve anything.Valuetronic never cheat investors.2021 Annual Report OutlookAs the COVID-19 pandemic continues to evolve and disrupt the global economy, the operating environment for FY2022 will remain challenging for both ourselves and our customers. Certain customers like our automotive customer for example, have switched their supply chain to another vendor in North America to serve the US market, and we will only see this the impact of this in FY2022 as their switchover was delayed by the COVID-19 situation in FY2021.Given all the uncertainties and volatility due to supply chain issues, and a loss of orders from customers switching their supply chain because of Sino-US trade tensions, the Group’s financial results for FY2022 is expected to be signif
If you put your heart to it you can achieve anything
avatarMilkTeaBro
2022-07-03

1H 2022 recap: don't forget original intention

My investment goal is to beat inflation and fixed interest rate. I don't forget my original investment intention.1H 2022 was time of adding position to me. I added dividend stocks, Reits and Emerging Market ETF.My portfolio can't earn much but it was resilient in bear market. When market changed to bull, this portfolio become behind market level.I knew what I want and I insist my style. I never chase high and hot stock in bull market. I have no ability to forecast high tech company profit, especially start-up company must burn money for years. I expose high tech by own ETF product, archived market level will satisfy me.Here was dividend income updated to 30 June 2022, total dividend income was SGD 3481$Lion-OCBC Sec HSTECH S$(HST.SI)
1H 2022 recap: don't forget original intention

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