Rowsley Ltd – What really matters in a Stock

“Rowsley Ltd., an investment holding company, engages in the diversified real estate business in Singapore, Malaysia, the United Kingdom, the People’s Republic of China, the Middle East, and internationally. The company’s Property Development and Investment segment engages in the development and construction of development property for sale and investments; and the holding and management of investment properties. Its Architectural, Engineering and Town-Planning segment provides architectural, master planning, urban design, civil and structural, and mechanical and electrical engineering services, as well as interior design and project management services. The company’s Hospitality segment is involved in the hotel operation and management activities. Its Investments segment holds investments in equity securities, as well as provides management services. The company also provides consulting engineering services. Rowsley Ltd. was founded in 1950 and is based in Singapore.” – SGX

Comparison will be with Kingsmen Creatives (5MZ)

1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED.

  • Price to book ratio : 1.275 (27.5% Above fair value) | 1.023
  • Price to earning ratio : – ( Below industry standard – 29.09) |9.027

2)  LEARN ABOUT THEIR NUMBERS

  • Debt To Equity : 28.65% | 9.4%
  • Growth Performance : – 1%| -6.81%
  • Dividend Yield : -Doesn’t give out-| 3.41%[ 5 years]
  • Current Ratio : 1.897 |1.688
  • Book Value per share : 0.0863
  • Cash Flow per share : -0.0122
  • Poor management ability ( dividend growth  | Neg net profit margin | Neg Net Income  | overall Neg cashflow within its business)Screen Shot 2017-07-29 at 11.00.10 amScreen Shot 2017-07-29 at 11.00.02 amScreen Shot 2017-07-29 at 10.57.33 am

3) Technical Analysis

Screen Shot 2017-07-29 at 11.04.15 am.jpg

Price action on the monthly chart seem to have formed a head and shoulder pattern with a bearish strength characteristic. Look at the huge sell off at $0.2, it might be a squeeze play by institutional traders. A live market order would have a 1:0.4 RR.

4) Would I be vested into this?

Nope, numbers are obviously very questionable, technical shows alot of big dirty players in this stock pair (is a good thing) but it doesn’t give me a good RR ratio for an entry. This stocks requires a thorough research on the company strength and it ability to be sustainable in a longer time frame.

Personal thought: What is the company really doing with all its asset? – Its a really big comapny

“+1 Knowledge point”

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#14 – EURUSD (Update)

Screen Shot 2017-07-29 at 10.17.01 am.jpg

Price action of the Monthly Chart, shows that euro is in a bullish rally against the dollar, as you can see price is in a long awaited key level (after 3 years). Additionally, the bearish channel has broken with a strong bullish momentum.

Screen Shot 2017-07-29 at 10.20.44 am.jpg

Weekly chart is aligned to the monthly as the long term bearish channel was broken with two key weekly support & resistance levels broken.

Screen Shot 2017-07-29 at 10.24.03 am.jpg

The retracement on the Daily trend are false breakout to build a stronger buying momentum. As you can see market tend to pull back heavily after each pull back, and as price raise to a higher level, the pull back gets shorter & less steeper.

Screen Shot 2017-07-29 at 10.26.57 am.jpg

A market entry now will put you in a 1:2.3 RR ratio on the 4hour chart, but i wouldn’t want to be entering so fast as there’s a very short leg space before market shows a strong movement.

Hopefully you guys caught some of the rally, I was only in AUDUSD:)

Would love to hear from all of you!

CPF – Aged 55 & above

This post is meant to summarised what you need to know about CPF when you’re turning 55

  1. You have to choose the 3 levels of retirement sums that you want
    • Basic Retirement Sum (BRS)  – ($83k)
    • Full Retirement Sum (FRS) – ($166k)
    • Enhanced Retirement Sum (ERS) – ($$249k)
  2. After 65 you can choose from 3 CPF Life plans  // You can choose when you want to start the payouts
    • Standard plan
      • Pays you more today less for your kids in the future
    • Basic plan
      • Pays you less today more for your kids in the future
    • Escalating plan
      • The payout increases as you grow older while ur kids gets a smaller pay
  3. Healthcare
    • Your basic healthcare sum as of 2017 is $52k
  4. Interest Rate
    • Like mentioned previously in my other CPF post, you will have additional interest rate (1-2%) on all your accounts.

Q&A

  1. Can I do lump-sum withdrawals?
    • Not unless you turned 55 before the year 2013
  2. How much can I withdraw from my CPF?
    • $5k and below — Haven’t meet BRS/FRS (Requirements)
    • $5k – Your FRS  — Excess in your RA after the BRS (Requirements)
    • More than your FRS — Excess in your RA after the FRS (Requirements)
      • Example : You have $120k, You can withdraw $37k ($120k – $83k).
  3. What if the total amount in your CPF doesn’t even meet BRS
    • You can only withdraw up to $5k
  4. Can I don’t sign up for CPF LIFE?
    • Yes, ONLY  if you dont want to be a citizen, have certain illness (that requires that money), reduced life expectancy.
    • or else, You HAVE TO sign up

p.s Let me know if I missed out on other informations that could really benefit everyone 🙂

“+1 Knowledge point”

Swee Hong – What really matters in a Stock?

“Swee Hong Limited, an investment holding company, engages in the civil engineering and tunneling works in Singapore. It offers construction engineering services comprising micro tunneling/pipe-jacking and tunneling services; parks and services in architectural, mechanical and electrical, civil and structure, soil improvement, and landscaping sectors; and infrastructure construction services, including roads, bridges, flyovers, canals, and sewers. The company was founded in 1962 and is based in Singapore.” – SGX

1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED.

  • Price to book ratio : 6.281 (600% Above fair value)
  • Price to earning ratio : 2.124 ( Below industry standard – 20.83)

2)  LEARN ABOUT THEIR NUMBERS

  • Debt To Equity : 64.9%
  • Growth Performance : –
  • Dividend Yield : 0.23%[ 5 years]
  • Current Ratio : 0.913
  • Book Value per share : 0.0029
  • Cash Flow per share : 0.0233
  • Poor management ability ( dividend growth  | High net profit margin | Low Net Income  | overall Positive cashflow within its business / Heavy reliance on financing )Screen Shot 2017-07-22 at 9.33.06 amScreen Shot 2017-07-22 at 9.33.01 amScreen Shot 2017-07-22 at 9.32.57 am

3) Technical Analysis

Screen Shot 2017-07-22 at 9.40.05 am.jpg

Price action on the Daily Chart, indicates that market is still in a long term bearish trend, but somehow bullish momentum is building up on short-term. The big gap looks like a huge institutional sell off with great volume. A market execution order will put you in a 1:0.3 RR ratio.

4) Would I be vested into this company?

Nope!

Fundamentals:

  • Overvalued
  • Cost of doing business is crazy
  • Average days of inventory has increase like crazy even with the increase of spending
  • Poor current ratio

Technically:

  • Low RR ratio
  • Market still has a long way to signify a greater bullish momentum

Disclaimer: This information is biased and doesn’t act as an advise for your actions.

p.s as many people have kept commenting on the limited about of numbers or information is because I want those lazy nut sacks to do their own due diligence.

“+1 Knowledge Point”

#13 – AUDSGD ( Will Australia dollar beats Singapore’s?)

Screen Shot 2017-07-22 at 9.01.57 am.jpg

On the Monthly Chart of AUDSGD, market seems to indicate that the Australian dollar is picking up strength against the Singapore dollar. It has failed to break key level ($0.99) and has since then built a bullish momentum.

Screen Shot 2017-07-22 at 9.05.42 am.jpg

Weekly Chart, has clearly shown how buyers in control for the past few weeks. It fought back 1 month worth of sellers desperate pull down. Last week, market broke mini key level, while closed with a “uncertain” doji.

Screen Shot 2017-07-22 at 9.09.26 am.jpg

Daily Chart, puts current market analysis in a spot where market candlestick is showing signs of reversal to the bear side. Market will have to retest daily before a better probable trend trade can be made.

Conclusion?

Australian dollar looks pretty strong technically as compared to the dollar on recent trend line analysis (bigger timeframe). Singapore requires a bigger growth/event to signify greater market as compared to Australia.

My trading conclusion?

 

I’ll be waiting for Daily market price action before making an entry into this pair. If market would to break daily key level, it would also justify that weekly is in a bearish trend that requires a decent retracement before gaining momentum.

 

 

 

United Engineers Limited – What really matters in a Stock

Founded in 1912 | Property/Engineering/Manufacturing

Comparison will be done with Boustead (F9D)

1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED.

  • Price to book ratio : 0.873 (22.7 Below fair value) F9D – 1.553
  • Price to earning ratio : 65.12 ( Above industry standard – 35.86) F9D – 14.521

2)  LEARN ABOUT THEIR NUMBERS

  • Debt To Equity : 50.35% | 27.44%
  • Growth Performance : -42.99% | -10.33%
  • Dividend Yield : 2.09%[ 5 years] | 2.84% [ 5 years]
  • Current Ratio : 2.11 | 2.17 [Stable]
  • Book Value per share : 3.06| 0.6166
  • Cash Flow per share : 0.0583 | 0.1231
  • Average management ability ( dividend growth  | Weak net income/gross profit margin | overall Positive & Strong cashflow within its business )Screen Shot 2017-07-15 at 11.06.37 amScreen Shot 2017-07-15 at 11.06.21 amScreen Shot 2017-07-15 at 11.06.04 am

3)Technical Analysis

Screen Shot 2017-07-15 at 11.13.16 am.jpg

Price action on the weekly chart shows that market is in a bullish trend for the past few weeks before forming a Head and Shoulder pattern. The stock seems to be respecting the pattern as you can see the immediate retracement when price tries to break above (ignoring the trend). An entry in this trade would not be wise as market in the past few weeks has been forming bearish characteristics.

4) Would I be vested into it?

No for now (because of technical), but might in the future.

Fundamentally:

  • Good cashflow management and undervalue
  • zero dividend growth
  • Low profit margin might be due to the size of the company

Technically:

  • H&S pattern is respect
  • RR ratio is not worth the entry

 

” +1 Knowledge Point”

“+1 P.I”

#12 – AUDUSD (Dollar weakening)

Majority of the currency pairs are gaining on the dollar

Screen Shot 2017-07-15 at 10.32.09 am.jpg

Spotted USD weakness over on its index and an opportunity to hedge against it through AUDUSD. Monthly trend seems to be forming bullish characteristic as it tries to break off previous high. Bullish momentum is strong in the volume indicator.

Screen Shot 2017-07-15 at 10.35.02 am.jpg

During May, price action has failed to break key Weekly level and since then, market has been making strong progressive bullish candlestick. As you can see, multiple rejection of a bearish pull down.

Screen Shot 2017-07-15 at 10.37.58 am.jpg

On the Daily Chart, Market bearish channels were broken as soon after formed bullish trend characteristic. This was what got me into preparing an entry into this pair.

Screen Shot 2017-07-15 at 10.41.18 am.jpg

On the 4Hour Timeframe, A channel was spotted, and the immediate break off it with a doji was what led to a market entry. My exit strategy on the this was to exit when market showed weakness, which led to the 1:5 RR ratio.

Hopefully everyone caught it too 🙂

“Habit is built through repeated actions”