tag:blogger.com,1999:blog-28021668.post1284069768387686551..comments2023-10-12T21:12:41.408+08:00Comments on Value Investment - Musicwhiz's Journey: Musicwhizhttp://www.blogger.com/profile/10950754156386935254noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-28021668.post-19397321971298541652007-08-14T23:26:00.000+08:002007-08-14T23:26:00.000+08:00Hi fishman,Singpost is good as a dividend play but...Hi fishman,<BR/><BR/>Singpost is good as a dividend play but not sure about its future growth potential. They are going into properties now I think and that is the main growth driver....but what happens when the property cycle starts to turn down ? Hmm....Musicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-23916013514965045212007-08-14T23:00:00.000+08:002007-08-14T23:00:00.000+08:00hi musicwhiz,recommendations? not really cos I'm s...hi musicwhiz,<BR/><BR/>recommendations? not really cos I'm still searching and have yet to do proper analysis. But at the moment I'm thinking of SingPost...sm@ll.fryhttps://www.blogger.com/profile/03751757859835343020noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-3627215277307121562007-08-13T23:06:00.000+08:002007-08-13T23:06:00.000+08:00Hi fishman,Thanks, I am just trying to project the...Hi fishman,<BR/><BR/>Thanks, I am just trying to project the earnings but as you can see I do not have enough information to really make an informed computation; but I would rather be roughly correct than precisely wrong !<BR/><BR/>The reason why I like project-based companies is because of the certainty of revenue recognition over the future. The only unknown factor will be cost of goods sold so I track this closely in all my calculations.<BR/><BR/>Any recommendations so far for counters which can "weather the storm" and see good continuous growth for 3-5 financial years ? :)Musicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-66460268984241348082007-08-13T22:56:00.000+08:002007-08-13T22:56:00.000+08:00Hi kolslorr,I suggest reviewing your holdings to s...Hi kolslorr,<BR/><BR/>I suggest reviewing your holdings to see if they have long-term potential for increased earnings. If not, perhaps it would be better to cut losses. I have had to make such painful decisions before so I sympathise, but remember that every day that you keep such "losers" means an opportunity cost for you to buy truly good companies as your cash is "locked up".<BR/><BR/>Good luck !Musicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-34521748466740880072007-08-13T21:46:00.000+08:002007-08-13T21:46:00.000+08:00Hi musicwhiz,I'm both impressed by your committmen...Hi musicwhiz,<BR/><BR/>I'm both impressed by your committment to calculate the value of the contracts. Really impress uppon me your dedication to be a value investor! However, as I'm not comfortable with project companies like Booustead, I found your calculation too technical, though I appreciate the efforts behind it. <BR/><BR/>As for the current turmoil, I'm actually hoping to use this chance to see which are the "strong" counters that can weather this storm!sm@ll.fryhttps://www.blogger.com/profile/03751757859835343020noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-79947865310149558272007-08-13T13:38:00.000+08:002007-08-13T13:38:00.000+08:00kolslorr aka lolipop:Thanks for your view, I agree...kolslorr aka lolipop:<BR/><BR/>Thanks for your view, I agree with you. :)<BR/><BR/>Right now I am looking at counters with good fundamentals... especially on the cash flow... <BR/><BR/>As for my old counters which loaded some time ago... are thinking if i should sell on strength to cut loss... because the drop was so sudden and quick I miss all my cut loss prices... :(<BR/><BR/>Am hoping GV report will not be red, if it is, will have to cut loss.kolslorrhttps://www.blogger.com/profile/18065559957631059695noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-66871894547847394832007-08-12T21:57:00.000+08:002007-08-12T21:57:00.000+08:00Hi lolipop,The reason why I have not mentioned any...Hi lolipop,<BR/><BR/>The reason why I have not mentioned anything about the sub-prime issue except for a passing statement is because I believe it will not affect individual companies so much (except of course fund houses, banks and investment firms).<BR/><BR/>However, I am still reading up and monitoring the situation but am not ready to dedicate a blog post about it as yet. The contagion will spread, no doubt, but no one knows the full impact and subsequent ramifications yet. Of course, it might probably turn out to be a lot worse than expected, but one must ask if this affects the ability of listed companies to borrow or obtain loans at reasonable rates. If the sub-prime problems spill over into the general market, then we should also review the impact and possible negative effects on companies.<BR/><BR/>Till then, I take this correction as positive and will look to load up on fundamentally sound companies who do NOT have high leverage (as a precaution against the subprime mortgage issues).<BR/><BR/>Cheers...Musicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-86166811791487257262007-08-12T19:05:00.000+08:002007-08-12T19:05:00.000+08:00lolipop wrote:Hi Musicwhiz, whats your take on cur...lolipop wrote:<BR/><BR/>Hi Musicwhiz, whats your take on current US sub-prime mortgage turmoil? How is Singapore gonna be affected?<BR/><BR/><BR/>Just like to hear from your view, Thanks!Anonymousnoreply@blogger.com