Can I say something to the contrary? At this point in time when smart investors like Warren Buffet are hoarding cash not only avoiding the rollercoasting losses in stock markets and waiting to pound when bull takes over. That's probably why money market is on the roll. Just look at the interest earned while waiting is suffice to support that the bear is still around. Tesla, overwhelming undervalued? Nope, it's hard to bite when its BVPS is at $14+ and trading over 100+ (P/E). When a company starts selling cars at great discounts and recalling sold units recently what can one expects from its earnings and financial performance? It's obvious, isn't it. There's other push factors to consider too but I'm not elaborating as the information is widely available. I reckon we'll be
It's obvious, any it? No celebratory moods, no excitement, why? I wrote once about Apple and its innovative power or lack of. I was expecting something innovative this time. Satellite communications, better digital payment innovation,better value for money. Alas, it was not to be, yet again. Who cares about more colours, slight incremental 'improvements' that's no longer new to the competition, boasting about 20W charging capability and USB_C charging which is joke really. And $100 more for a half hearted new product, not for me definitely. So, are you surprised that the share price plunged further during the grandeur event? Nope, I'm not. I regret not selling more of my holdings earlier to take profits instead of holding on for the good news. Now, what can we do about it
Why are the prices so low huh!? This time, we're referring to the local trio banks which produce amazing financial gains and record profits. Is this flute? In my opinion and analysis of their financial records and historical performance, they're NOT. All 3 banks possess prudent management skills as well as strategic foresight as they work efficiently both at home and in the region they know best and any expansion outside familiar grounds is threaded cautiously to the benefits of us - the investors big or small. They operate differently from their US counterparts and think long term instead of short term and riskier endeavours which are proven wrong in recent financial banking crisis in the US, albeit the small and medium regional banks. In conclusion, it's astonishingly amazing
DBS, OCBC and UOB All Reported Record Earnings: Which Bank Qualifies as the Best Pick?
What actually matters more to an investor, shares outstanding or confidence? Apple is one of the most valuable stocks in the world after Steve Job's re-engineering and definition of smart phones. And it helps propelled the company to today's huge market cap. While we can't say much about the future movement of its share price and market value, we can be sure that the stock upward trajectory is limited by its own doings vis a vis in terms of declining technological prowess and limited creativity, rather than stock buyback as suggested which I find this rather astonishing - the argument of market cap being limited due to stock buyback and shares outstanding. I would rather say that generally the market cap is dependable more on the confidence of the market and
Why Apple Could Have Trouble Reaching a $3 Trillion Market Cap
May I say something different, looking from both sides of the same coin. Vision 2030 looks great on paper and can only be realised if the projections and expected growth are in sync with actual and market situation from now to 2030. The grand vision of 4 fold jump of AUM from current 50 billions to 200 billions and similarly bullish growth and monetisation looks impressive and salivary. However, unless we also know of a contingency plan to see through the expected targets if the future market situation is not in accordance to projected growth plan. Hitherto, all these are just a grand vision and plan before materialisation. And on the flip side of the coin, there's the opposite - remember the not too distant past of Keppel Corp share plunge when the stick was the mark
Which bank? May I share my little view? Some may called the banks old fashioned stocks and unexciting. Generative AI, electric cars, are some favourable new fad. So, should we ignore the banks or just choose one? My take is to get all if you can. Or else in ascending alphabetical order I e DBS, OCBC and UOB. Btw, I own all 3 and looking to add whether price is right. Without the banks, generative AI or electric car ventures cannot operate efficiency as funds come mainly from the banks and financial transactions are carried out with the banks, right? All 3 local banks unlike those in the US, particularly regional and rural ones are safe with their prudent strategies and reserve requirement. N Being a small island state, Sg cannot afford failure of the banking system and hence th
DBS, UOB and OCBC: Which of These 3 Banks Should You Buy?
I would like to thank my sister for her sharing of her research and insight of those counters that she is trading in. Of course I'm thankful that this year I'm able to lower the transaction fees substantially thru 🐯 Tiger. And thanks to my luck that supplements my hardwork and efforts in my own analysis of the counters I'm looking in. Cheers and Merry Christmas
Arbitrary estimates of Citi are below consensus estimates as revealed by its own statement. This strengthens my belief that estimates used to forecast future performance is not entirely scientific but more an art than anything else. I'm also surprised that the writer is defending his argument that the views of majority analysts are "bullish" when everyone including him based their future forecasting on arbitrary estimates. So, he is saying his is better than the others and then the next moments the others would come with another article commenting on the contrary, not forgetting that it's the investors money that's at stake not theirs unless they stake their money on their predictions, not like a fortune teller who has his cake and eat it. Having said all this I have to q
Citi Keeps Sell on ST Engineering As FY2023 Expectations Deemed As Overly Bullish
An interesting read and just that - interesting with no supporting arguments why these 3 stocks benefit. If the 3 hurdles are unresolvable in the near future, what do you think will happen to the 3 stocks especially Ford and GM. They're still there primarily because of their sheer sizes built up during the great American industrial revolution and they're bleeding. Tesla which is the greatest hope America ever have in today's automobile world is resorting to cheap price war to make the numbers and this definitely is not what a growth company should be doing unless it's a seasonal marketing campaign. Outside USA, the automobile industry is working on EVs long before Biden's plan which bore ulterior motive,primarily is to contain China and to build or transform a dynamic local industry. Until
3 Hurdles for Biden's EV Plan and 3 Stocks That Benefit
Individualistic talents vs Collectivism, which is better? Individual icon has been the forefront of most if not all westernised enterprises with the likes of Henry Ford, Bill Gates, Elon Musk, Jack Ma, etc. However, there's Collectivism success stories too. In between, it's undeniable that most hugely successful businessman rely on both a CEO with good foresight and an active board with multi- discipline expertise. In Singapore, while the corporate worlds emulates US and western corporate governance, the country especially its GLC linked companies look towards collective consensus that is fronted by a helm man with the backing of Temasek or the country's sovereign fund. Hence, it's seldom that drastic failure of successor CEO and the company if a highly successful CEO leaves the company. I
Singapore's Star Banker Creates a Succession Dilemma for DBS
Can I say something about this phenomenon? While the historical data helps us to understand accuracy and the risk associated with 2 period in question, it's unwise to challenge the summation for that is actually talking for the sake of talking. So, what doeI want to say? I see this adage as a good opportunity to both rebalance and relook our existing portfolios. Good stocks can be rebalanced while those fails to meet expectations can be either reduced or removed to cut losses. It maybe alsoea good time to take profits either trimming our holdings or sell all if our analysis of that particular stocks has turned lesser as a growth stock and little dividend benefits. I welcome any comments on this as mutual learning helps all of us. Good luck!
Sometimes too many information can disrupt our investment strategy and plan. Although it's useful to know but it's another thing when come to trading. I would rather filter all the noises and concentrate on what I know about the company and making decisions vis a vis market sentiment vs actual market conditions. However, it's not easy and 1 advice I get from experienced investor is to be calm and firm once you make up your mind. Just my 2-cent worth
Stock Market’s Fate Comes Down to the Next 13 Trading Sessions
May I add my 2 cent worth? Apple seems a bit lost about its core business and business strategies. Can Apple be all over the places from smart car, mobile phone, generative AI, consumer wearables and what not without the above business sense and twchnological prowess of the Steve Job's era? Steve Job might be able to help alleviate the solution but not completely if he was still around. His techological brilliance and smart approach may help in some areas such as telecommunications and mobile phone related projects but not all definitely including the strapped smart car. The smart car never took off likely due to the fast evolving paces of industry which Apple couldn't manage to obtain an advantage from it's late to start strategy that's wisely use in the various generations of
Scary, isn't it? Fret not, not all the banks in the world are affected by the'disease' and going busts overnight. This reminds me that not all apples (or bank stocks in this case) in a basket are bad. Apart from all those banks with similar shortsighted and unsustainable strategy, all other major banks would not be affected, whether they are headquartered in US or not. Perhaps, we may see one or two more of this dominos in either US or Europe, as the bad apple surfaces. Unless the banks have similar bad practices and/or are linked to these bad apples, nothing untoward like a bank run would happen, especially when they are strong with excellent fundamentals and sustainable practices like DBS. If I can, I would scoop more of such fundamentally strong big bank stocks
Regional Bank PacWest Is Reportedly Weighing a Sale. What Should Investors Do?
A case of too little too late. 2020 is a long time ago, isn't it? Being a fan of some fanciful product is one time and investing in one is another, altogether. I was a fan when Steve Jobs revolutionised the mobile phone industry with its first few iPhones until his demises whom I believe brings along the iPhone with him. Since iPhone 8 there's no longer anything that excites and urges to get hold of one. I sold my iPhone 8 for a small profit and got an Android for the first time s. Since then, Apple could not arouse anymore and with the iPhone 15 it's a joke when you compare with its competitors. However at the same time I continued to invest in Apples and made handsome profits thanks to Steve and his legacy. However as I saw it that if Apple continues the ways it does business
May I say my piece about this financial situation. I'm wondering why speculate which bank will fall next when one should know what's he or she is investing in in the 1st place. If ones buy into any bank without trust credentials and/or fundamental financial numbers and ample backings the worry begins the day you part with your $. Fair enough if the bank loses its credibility after one has bought the stock. The immediate reaction then would be to dislodge all your holdings asap. For Swiss Credits the writing is on the wall when the Swiss took part in sanctioning Russian's rich and lost her trust credentials during the Russian-Ulkraine war early 2022. By its own doings, the Swiss banks become just another banks out there and are no longer impartial a
Deutsche Bank $42 Trillion Derivatives Book: A Snowflake Away From Financial Meltdown?
I am just a common small investor who will not turn to guess work for my trading. However I always keep it simple, i.e reference to RSI and MACD as the basis together with the company fundamentals and market sentiment at that time (here, I gauge the trade volume and updated news of the company and its activities.) And not forgetting to add loss stop to my strategy. Finally a bit of intuition helps especially when I'm still undecided. If all else fails I just sit back and watch.
//@Deshost: Are some retail Investors more savvy or just plain... Its interesting that as reported non professionals pumped arecord $1.5 Billion on single stocks in a week, mainly on Tesla, Apple and Nvidia. While the professionals are trading cautiously amid the volatile and uncertain market environmennt, the non professionals think otherwise buying like there's never a tomorrow. There's 2 possibilities, either they are seeing something that the market professionals are not or it is just a classic case of mom and popw joining the bandwagon. If it's the latter, you better run before the musical chair stops. Otherwise, should all of us join in for fear of losing out? Hold on, hold on! S&P has risen almost 15% recently and can t
Retail Army Bets Record $1.5 Billion on Single Stocks in a Week, JPMorgan Says
Not surprising, isn't it? Tesla was once the darling of tech stock and it miraculously shot up sky-high due to potential high growth and it's prowess in EV. Today, as it's stock PE is in extremely high ratio and the rise of many worthy competitors in EV industry such as BYD and the likes, to continue buying into Tesla I'd no longer a reliable source of high growth. And worse, with intense competition in the EV arena, Tesla has been shedding RSP of its offering and thus driving down margins and high gains. Cybercoin like Coinbase similarly is no longer the darling of its industry and in fact it's unsafe to buy onto such shares. Letting go and take profits if there's any would be a wiser choice. My take is to focus elsewhere likes the financial banking and consumer discretionary
Cathie Wood's ARK Funds Shed More Tesla and Coinbase Shares, Continue Twilio Buying Spree