tag:blogger.com,1999:blog-28021668.post2750377518004206252..comments2023-10-12T21:12:41.408+08:00Comments on Value Investment - Musicwhiz's Journey: July 2010 Portfolio Summary and ReviewMusicwhizhttp://www.blogger.com/profile/10950754156386935254noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-28021668.post-60054701070542828702010-08-05T23:24:04.597+08:002010-08-05T23:24:04.597+08:00Hi ss88,
I would think Boustead is fairly valued ...Hi ss88,<br /><br />I would think Boustead is fairly valued at this price. They just announced another 2 contracts for Boustead Projects today (Aug 5, 2010), so there's potential for better dividends moving forward, I feel. Just my personal views.<br /><br />As for Afralug, sadly it's been down since Sat evening.<br /><br />Regards,<br />MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-47906167457738470152010-08-05T15:06:44.778+08:002010-08-05T15:06:44.778+08:00hello MW,
enjoyed your analysis on boustead...may ...hello MW,<br />enjoyed your analysis on boustead...may i ask at current price of 0.85 - 0.90, do u think it is still a good entry point? btw, do u know what happen to afralug.com/wsforum? Many thanks...ss88ss88https://www.blogger.com/profile/00066463225822611583noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-75817881848679383142010-08-03T13:25:32.479+08:002010-08-03T13:25:32.479+08:00Hi Mike,
Thanks, I assure you that I've been ...Hi Mike,<br /><br />Thanks, I assure you that I've been thinking about divesting FSL Trust for a pretty long time; and today I finally divested it off. Am planning to channel the proceeds to a more promising investment (which I am currently researching). Thanks very much for the advice.<br /><br />Ok, MTD returns is simply month to date - no annualization you are right! But for YTD, I annualized it based on the number of months passed during this year so far, so it's a little distorted admittedly. Still, I did use the XIRR function to compute this, so it should be accurate for YTD.<br /><br />Regards,<br />MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-61484032766615612712010-08-01T22:51:58.502+08:002010-08-01T22:51:58.502+08:00Hi MW,
i dont think i agree that you can enjoy th...Hi MW,<br /><br />i dont think i agree that you can enjoy the yield from FSL while waiting for redeployment. just take note if there is any negative shock again, the probable capital loss could be much higher than the dividends that you are enjoying. from the verona incident, i learn there is no such thing as guarantee of long term bareboat charter. there could be disruptions in the future cash flows from FSL business perspective. this leads to the high non-systematic risk of FSL which is why it is trading at double digits yield<br /><br />by the way, im not sure if you realize this. your heading says about annualized returns. but MTD and YTD returns are never annualized. your returns from the XIRR is annualized. just FYI because the basis of comparison is wrongMike Dirnthttps://www.blogger.com/profile/04811948691612939470noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-14075151004520218782010-08-01T12:29:42.111+08:002010-08-01T12:29:42.111+08:00Hi Freedom Achiever,
Thanks for visiting too!
Ch...Hi Freedom Achiever,<br /><br />Thanks for visiting too!<br /><br />Cheers,<br />MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-79219786711750477932010-07-31T23:44:07.099+08:002010-07-31T23:44:07.099+08:00Well done :)Well done :)Freedom Achieverhttps://www.blogger.com/profile/11611341421163339252noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-17391637531969688602010-07-31T21:56:00.489+08:002010-07-31T21:56:00.489+08:00Hi AK71,
Thanks for visiting!
Yes, actually I do...Hi AK71,<br /><br />Thanks for visiting!<br /><br />Yes, actually I do have the intention and am researching one or two potential investments to channel the funds into. If they check out, then I shall re-deploy the funds. But in the meantime, I can still enjoy my somewhat lower yield of about 4+%.<br /><br />Regards,<br />MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-37252965822721775012010-07-31T17:06:31.571+08:002010-07-31T17:06:31.571+08:00Hi MW,
A good read as usual. :)
No intention cut...Hi MW,<br /><br />A good read as usual. :)<br /><br />No intention cutting FSL Trust and redeploying funds elsewhere?AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com