To The Moon

The 1st book which inspired me in investing is 'One Up on Wall Street' by Peter Lynch. That was the starting point for me to becoming more structured & organized as an investor.  I gained confidence in being the little guy/gal vs the giants (Institutions, Fund Managers.. etc) as we have the ability to spot trends by being observant in our daily lives & are much more nimble than the 'giants'.  Learning to categorize the stocks enables me to realize the difference in strategies to adopt and the timing to buy / sell / hold for each. Some points, using Co-Pilot to summarise is as per attached.

$Lendlease Reit(JYEU.SI)$   1H24 DPU 2.1ct, -14.5% YoY mainly due to higher cost of Debts (3.37% vs 2.94%), despite higher Revenue (+17.9% YoY) & NPI (+22.2% YoY). At 62ct (Yesterday's close), Annualised Yield = 6.77% (Using 1H24 DPU 2.1ct). For Reference, Annualised Yield = 7% @ 60ct. XD on 8-Feb.

If you are losing sleep due to falling prices, ask yourself this, 1. What's the cause? Is it broad market bearishness or specific to your stock.  If broad market, what's the reason? War, Inflation, COVID,... ? Will this affect your stock as a going concern? It's profitability? Short term? Long term? If it's specific to your stock, what's the reason? Competition? Mismanagement? Industry wide? Technological shifts? 2. Will you buy more since it's now "cheaper"? If not, should you sell? Knowing yourself (temperament, risk adversity,..) & knowing your stocks (business, competition, direction,...) helps a lot in mitigating & overcoming the cause of losing sleep. Decide, Create & follow & tweak your own set of rules to buy, sell, hold based on Valuations  (for FA f

Banks are slow to raise deposit rates. Monies are flowing out to Govt Bonds, TBills & MMF (Money Market Fund) as these offers much better returns with low risk (or risk free for Govt Bonds / Bills)

$KEPPEL INFRA TRUST WEF 2015(A7RU.SI)$Proposed Acquisition

$KEPPEL INFRA TRUST WEF 2015(A7RU.SI)$Most Important Announcement • DPU = 1.92ct (Increased from 1.86ct)FCFE SummaryEBITDA SummaryAdditional Info • Timing Difference : Am Expecting FCFE to Improve for Next Results • Gearing : Greatly Reduced Due to Issuance of PERPs (recognized as Equity instead of Debts) -> Some Called it Financial Engineering 

$Berkshire Hathaway(BRK.B)$ Background ° In a previous post, I estimated the IV (Intrinsic Value) of BRK.B to be 1.3 * NBV after comparing past Shares BuyBack data. ° However, from their latest Q221 Financial Report, the highest Average Price Paid for their Shares BuyBack in Q121 was $286.10 (for May). What Does that Mean? ° For Q121, using my computed NAV = $199.34 & my previously estimated 1.3 * NBV, I'd projected Max Shares Buyback Price = $259.14. ° With this latest data of $286.10, this means the formula could be around 1.435 * NBV instead !! What's Next ? ° From the latest Q221 Financial Report, I have computed NBV = $211.22. ° At 1.3 * NBV, my estimated Shares Buyback Max Limit = $274.58. ° At 1.435 * NBV, my estimated S

$SINGAPORE PRESS HLDGS LTD(T39.SI)$Offer PriceBuy, Hold or Sell ° Decision is yours to make! ° There's a discount now of ~5% if you were to buy SPH now. However, the value of the offer is dependent also on KREIT & SPH REIT prices. Further, it requires approval via EGM plus completion of the earlier Media co. spin off.Estimated Timeline

$RAFFLES MEDICAL GROUP LTD(BSL.SI)$HighlightsDividend Policy ° Changed to Annual Dividend (from Semi-Annual). ° Formula - Up to Half of Average Sustainable PATMI. I assume 'sustainable' to mean recurring operating income & 'average' to give them flexibility to maintain the same or gradually increasing dividend (starting from 2.5ct) ° For FY21, Expected Div = 2.5ct (same Total Dividend since FY18)China Operations °  The main drag on RafflesMed for the past few years had been the China hospitals. During the construction phase, it drags down FCF due to high CAPEX. Upon completion, it drags down profitability till there's enough critical mass of patient load. ° ChongQing Hospital ought to be profitable soon,