To describe the market's sharp fall or my feelings in one word, "focus" would be relevant. Sticking to your plan and strategies will benefit you in the long run, so don't lose focus on them! @CaptainTigerThose of you who have read The Essential Buffet - Timeless Principles for the New Economy by Robert G. Hagstrom would remember chapter 5 - "Focus Investing: The Big Picture". And more importantly on page 129 "The Focus Investor's Golden Rules" is listed. It is still very relevant today and more importantly in this tumbling market. @TigerStarsRule 1 - Concentrate your investmentsa in outstanding companies run by strong management.Warren Buffett mentioned "If the company itself is do
Nvidia Share is Heavily Tied to Crypto, Here’s Why!
US Securities and Exchange Commision (SEC) just fined $NVIDIA Corp(NVDA)$$5.5 million to settle charges that it unlawfully obscured how many of its graphic cards were sold to cryptocurrency miners.Its order claims Nvidia misled investors by reporting a huge boost in revenue related to “gaming,” hiding how much its success relied on the far more volatile crypto market. Nvidia isn’t admitting to wrongdoing as part of the settlement, but it agrees to stop any unlawful failures to disclose information. How it all startedDuring Nvidia’s fiscal year 2018 financial reports the SEC notes Nvidia saw an explosion in crypto mining-related sales in 2017, when the rewards of mining Ethereum grew dramatically. Crypto mining was widely reported as a cause of GPU
Before we can answer @CaptainTigerquestions, we need to understand the main difference between cryptocurrency such as Bitcoin and Ethereum and stock market.Stocks vs CryptoStock is an ownership interest in a business (backed by the company’s assets and cash flow), whereas cryptocurrency in most cases is not backed by anything at all.Because cryptocurrency is not backed by assets or cash flow, the only thing moving crypto prices is speculation driven by sentiment. As sentiment changes, prices shift, sometimes drastically. So cryptocurrency is driven only by the hope that someone will buy it for more in the future, what’s called the “greater fool theory" of investing (do read more about greater fool theory, it is fascinating!).In essence
Recession Proof Strategy - Merger Arbitrage Of Twitter
Its a sea of red everywhere currently, lucky for us, understanding how merger arbitrage works will help us realize why this strategy doesn't really care about the current unfavorable market.The MergerOn April 25, $Twitter(TWTR)$announced that it had agreed to sell itself to Elon Musk for USD54.20 per share. Yet, the stock is currently trading at ~USD47.20, why the big gap? Wouldn’t it mean that buying the stock here is a no-brainer?The merger agreement will lay out terms about the final price for $Twitter(TWTR)$, when the deal is potentially expected to close, information about any other bidders if there were any (without any names named), the kind of regulatory approvals the deal will require, approvals
Obtaining Tiger Coins 101 - easy step by step guide!
Disclaimer: I am not affiliated with $Tiger Brokers(TIGR)$, am just someone who enjoy writing helpful articles and get appreciated for it. @CaptainTigerplease let me know if I am not allowed to post this type of article, I will delete it immediately[Smile] We all can obtain Tiger Coins by checking in everyday, completing tasks, as well as participating in events or activities initiated by Tiger Brokers.And the best part is that we can redeem them for commission free trades vouchers, stock vouchers, free Reuters videos, and other amazing rewards!How do we check our Tiger Coins?"Me" section of the appYou can click on "Signed in" or "Tiger Coins"So, how do we get Tiger Coins?1) Consecu
$Amazon.com(AMZN)$stock price is down 38%, which is 58% more than the NASDAQ has fallen, and the largest drop in four months since the dotcom bubble in the 90s. 480 billion dollars is how much Amazon’s market cap has dropped this year!!!Amazon in the last three years has risen heavily, becoming a trillion dollar company, but on the current path, it could lose that status soon.Lets look at Amazon’s numbers and see what’s causing this and if this is a short term issue, versus a long term problem for the companies stock. Starting off, a look at revenue and profits.Revenue116.4 billion was how much Amazon made in the first three months of 2022. 108.5 billion was the revenue up for the first three months of 2021, up 7.4%, although that’s good, but prof
$WILMAR INTERNATIONAL LIMITED(F34.SI)$has conducted share buy back for two days in the row! Today they spent SGD7,914,816.78 for a total number of 1,800,800 shares purchased. The highest price per share purchased was SGD4.40 while the lowest price per share purchased was SGD4.38Yesterday they spent SGD16,035,730.78 for a total number of 3,626,600 shares purchased. The maximum number of shares authorised for purchase is 630,122,460 shares, and the cumulative number of shares purchased to date by way of market acquisition is 5,427,400 (from the date on which share buy-back mandate is obtained).As Warren Buffett said at Berkshire's annual shareholders meeting on Saturday - "If you do it at the right price, there's nothing better than buying back pa
Sell in May and go away? How about no, the adage losing relevance on SGX.We all in sg are being haunted by the famous adage of dumping stocks in the so-called "suay" month of May and probably coming back after October. However, the proverb - Sell in May and go away! - is losing its relevance nowadays, if we look look see see data. In the last one decade, there have been only few instances when $Straits Times Index(STI.SI)$or $FTSE Share(FSTAS.SI)$has delivered negative returns in May.Although various studies have validated this theory, a majority of market experts say this saying, nowadays, is nowhere close to the reality. According to data from leading equity firm, those index has delivered negativ
Since the Fed hikes rates half a point and will shrink assets to curb inflation, what does it mean for our shares $Marathon(MRO)$+ $ConocoPhillips(COP)$?The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation.The U.S. central bank’s policy-setting Federal Open Market Committee on Wednesday voted unanimously to increase the benchmark rate by a half percentage point. It will begin allowing its holdings of Treasuries and mortgage-backed securities to decline in June at an initial combined monthly pace of $47.5 billion, stepping
$WILMAR INTERNATIONAL LIMITED(F34.SI)$just spent SGD$16,035,730.78 on share buy back earlier today for a total number of 3,626,600shares purchased. The highest price per share purchased was SGD$4.43 while the lowest price per share purchased was SGD$4.40This is a positive news amidst the negative news surrounding Wilmar affiliate. Adani Wilmar which is a joint venture between India’s Adani Group and Singapore’s Wilmar International, reported a 25.62 per cent year-on-year decline in its consolidated net profit due to high expenses (up 40%).Let's hope the momentum remain strong!
Both $Marathon(MRO)$and $ConocoPhillips(COP)$has increase by 5% since our last post ~38 hours ago. MRO open at $24.56 yesterday and at the time of writing is $26.08 while COP open at $94.27 yesterday and at the time of writing is $98.78Pretty significant increase since our "(2nd May) What are Your Trades Today?" post, so izit too late now to invest in both of them? No, but remember that investing in the oil and gas industry carries a number of significant risks. The oil and gas sector is an attractive sector for both day traders and long term investors, since the sector is an active and liquid market that can also serve as a portfolio diversifier and inflation hedge.Oil and gas stocks, however, tend to be m
Why Benjamin Graham is the most successful stock picker. "Who is the most successful stock picker?" might be a trick question by @MillionaireTigersince the technically correct answer would be Warren Buffet since he made the most money from the stock he picked. But do you know that in many interviews, Buffet mentioned that "making money did not motivate Graham" and also the fact that Graham donated most of his money away (instead of reinvesting it and generating more money). In other word, if he wanted to, Graham could be the "most successful stock picker" based on money made.Success also has the "leaving a legacy" attached to it. One of his legacy would be the book he wrote "The Intelligent Investor". Although Warrent Buffett popu
Let's talk oil and gas stock, $Marathon(MRO)$ +$ConocoPhillips(COP)$ too late to buy them now or?Energy demand has seen a significant rebound from the pandemic-driven lows as countries around the world have returned to full capacity. The supply imbalances and constraints that continue to plague the globe have led to multi-year highs in commodity prices. Oil prices have been no exception, with West Texas Intermediate (WTI) crude prices rising back over $100/barrel for the first time since 2014.The Organization of Petroleum Exporting Countries (OPEC) recently cut its forecast for global oil demand this year, citing the Russia-Ukraine conflict as well as the resurgence of COVID-19 cases in China as the to
How will the stock market perform before & after the May FOMC Meeting?In short: before = bad, after = better.The Federal Reserve will implement two interest-rate increases in one fell swoop next month. The stock market tends to perform poorly just ahead of that type of move, but things usually get much better for investors afterward.The Fed lift the benchmark lending rate by 50 basis points at the conclusion of its March 15-16 Federal Open Market Committee meeting, essentially equivalent to two hikes because the central bank typically raises rates by 25 basis points. For instance, of the 40 interest-rate increases since 1989, only five were for 50 basis points. The probability of a half-percentage point rate increase is 37%, according to the Fed funds futures market as of Thursday afte
What can we learn from $WILMAR INTERNATIONAL LIMITED(F34.SI)$first quarter result (1Q2022)In short: positive!1) Performance for 1Q2022The Group continues to perform well with core net profit increasing by 18.8% to US$503.4 million (1Q2021: US$423.7 million). The robust set of results was achieved on the back of strong performance in the Plantation and Sugar Milling segment, which was aided by firm palm oil prices. Performance for Food Products segment was favourable due to an exceptional gain on dilution of interest in Adani Wilmar Limited amounting to US$175.6 million, as well as operational profits for the quarter even though margins were impacted by rising commodity prices. Feed and Industrial Products segment was affected by weak crush margi
Two things to expect from $MEDTECS LTD(546.SI)$ AGM tomorrow1) Dividend, cash rich company (58.29M USD cash and fixed deposits with only 86.69M USD market cap!!!) + great price to book ratio (<0.5) = nice dividend liao2) Renewal of share purchase mandate = this cash rich company will constantly do share buy back, just like they did in the past, latest being on 28 March 2022 where they purchase 1,500,000 sharesDisclaimer: am a proud owner of$MEDTECS LTD(546.SI)$shares
Is $WILMAR INTERNATIONAL LIMITED(F34.SI)$ undervalued?After Indonesia (world's top palm oil exporter) announce on Monday, 25 April 2022 plans to ban export, the stock price of CPO related company in Indonesia drop. Furthermore, Wilmar dividend Ex-Date was Tuesday, 26 April, leading to further dip.However, after few positive news with regards to clarification on export ban (temporary period + only few palm oil product), and positive Financial Report Announcement from Wilmar, there are potential in this company.
@TigerEvents- Recommend a Stock to Warren Buffett$MEDTECS LTD(546.SI)$ is leading PPE and hospital service provider that has been established since 1989. It is listed on SGX in 1999 and TSE in 2002. It has 7,500 employees worldwide and it export to >30 countries. As a key non-China based PPE supplier, it has sales & marketing office in Singapore and USA and it has factories all over Asia.During FY20 Medtecs achieve 480% growth due to covid pandemic, and it resulted in US$131.7(m) of net profit, as compared to US$1.2(m) during FY19. Significant profit margins has arise from economies of scale, higher proportion of sales of Medtecs branded products, and higher average selling
Gullible + Overconfidence + Ignorance1) Unlike Buffett, investors too often believe what they hear or read. Unsubstantiated claims of "guarantees" that are too good to be true lure investors to plunk down their hard earned coin for promises of superior results even when framed as lower risk or guarantees. But let's face it, everyone wants to be in on something really awesome and own the bragging rights to their own superiority. Investors, avidly glued to the financial press, will follow the words of a reporter or market "guru", in order to avoid "missing" an opportunity. This was well documented during the run up of gold prices, where investors bought up the price, regardless of the fact that it was completely irrational. It happened during the tech boom-in fact, it happens all the time.2)
$MEDTECS INTERNATIONAL CORP LTD(546.SI)$ will be holding its 2022 AGM at Seletar Room, Holiday Inn Atrium, 317 Outram Road, Singapore 169075 on 29 April 2022 at 3:30pm.5. To declare a Tax Exempt One-Tier Final Dividend of US$0.0060 per ordinary share for the financial year ended 31 December 2021. (Resolution 5)Nice lah!!!$MEDTECS INTERNATIONAL CORP LTD(546.SI)$