Sunday, 29 November 2015

Outcome Bias

People judge decisions based on their outcome instead of the process of reaching the decision. This is a flaw that we should recognize and try to avoid as a good outcome can come from a less than ideal decision making process through luck while an unlucky event can lead to a bad outcome even though the decision making process was good.

Thursday, 26 November 2015

Should We Look at Book Value?

Is book value an important consideration for you before you invest in a company or do you focus more on the earnings and the potential of the company? While I think that earnings and the potential for the growth of the company are important (maybe most important), but we should also take book value into consideration

Sunday, 22 November 2015

3 Ideas to Make Investing Simpler

Investing can be complicated and to some, an abstract concept, but there are some ways to view it to make it easier to understand. We do not need to have a PhD in Statistics or Economics in order to do well in investing, we just need to have the right ideas and mindset towards it (a good attitude is a plus as well). I'm going to share some of the ideas I've had that may make the concept and the process of investing sound simpler.

Wednesday, 18 November 2015

Sembcorp Industries

Going to look at this company today. It closed today at $3.30, after a 10 cent drop today. For those who don't know the company, it is a company that deals primarily with the utilities and marine sector. In the utilities segment it is in the energy, water and waste management businesses while its marine segment, which contains subsidiary Sembcorp Marine, makes the bulk of its revenue from rig building and offshore conversions/platforms.

Sunday, 15 November 2015

Singapore Stock Market This Week

The past week we saw the STI drop back below the 3000 level. The price of crude oil and other commodities slumped this week as well and the results from some blue chips being dismal. A Fed rate hike is still on the cards, which basically sums up a pretty miserable picture.

Tuesday, 10 November 2015

Netflix is coming to Singapore

Happy Deepavali to our Hindu readers.

This is not really new news, but Netflix is launching in Singapore in early next year. This may give existing cable TV operators a run for their money, which is going to be the main part of my post today.

Thursday, 5 November 2015

Are We Back in a Tech Bubble?

Are we back into another tech bubble like the one from 1997-2000? Some tech companies are selling at ridiculous P/E ratios, which is a lot worse when we look at those that are not listed yet. Some of them have not even turned a profit yet are already worth billions, which I think is something that we should, at the very least, be concerned about.

Sunday, 1 November 2015

Oxley 4-year 5% Retail Bonds

This may be a little overdue, but since the closing for the applications is on 3 Nov noon, I guess there's still time and purpose for this post. Oxley, a property developer, is offering $50 million in bonds in the public offer and $75 million in placement. The placement bonds are 4 times subscribed. If you want to read more on the details of the issue, you can look here and here. I'm going to analyze the company in this post.