tag:blogger.com,1999:blog-28021668.post3611127756918580022..comments2023-10-12T21:12:41.408+08:00Comments on Value Investment - Musicwhiz's Journey: Musicwhizhttp://www.blogger.com/profile/10950754156386935254noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-28021668.post-68987166765653123892008-12-05T17:32:00.000+08:002008-12-05T17:32:00.000+08:00Hi Robert Tay,I have not really read up or researc...Hi Robert Tay,<BR/><BR/>I have not really read up or researched on Jaya holdings, so I cannot say much about the prospects of the company, neither can I comment on their fundamentals. Please do NOT look at price alone to compare companies - it is valuations and prospects you should be looking at instead of absolute price.<BR/><BR/>I do not think Jaya is a direct competitor though I heard they have plans to aggressively expand their fleet in the coming years. DBS has issued an oil and gas report today (Dec 5) which covers the companies you mentioned. Go take a look (it's on remisiers.org), one of my links by the right sidebar.<BR/><BR/>Cheers,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-74738613729723369212008-12-03T00:39:00.000+08:002008-12-03T00:39:00.000+08:00Dear Musicwhiz,Have you ever considered including ...Dear Musicwhiz,<BR/><BR/>Have you ever considered including Jaya Holdings Ltd as part of your portfolio. The company's price ie about $0.27 is below Ezra and Swiber but gave generous dividends. Is Jaya a competitor against Ezra and Swiber in the same industry? How is Jaya's prospect compared with Ezra and Swiber? At the current price, does Jaya offer a greater margin of safety when compared with Ezra's and Swiber's?<BR/><BR/>Regards<BR/><BR/>ROBERTAYAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-40366219179655471172008-12-02T18:00:00.000+08:002008-12-02T18:00:00.000+08:00Hey Panzer,Thanks for dropping by ! Yep, now is a ...Hey Panzer,<BR/><BR/>Thanks for dropping by ! Yep, now is a good time to collect companies on the cheap and also to accrue dividends from the companies we own. No point losing sleep over the "losses" because if your horizon is long-term and you do not need the cash, just relax and treat the market as just a place to execute a transaction.<BR/><BR/>I too don't believe in Efficient Market Hypothesis, or else I would not be practising value investing ! Haha !<BR/><BR/>Cheers,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-37322391396466850992008-12-02T17:58:00.001+08:002008-12-02T17:58:00.001+08:00Hi Anonymous @ Dec 1,Sorry your statement is too v...Hi Anonymous @ Dec 1,<BR/><BR/>Sorry your statement is too vague. Please explain thanks.<BR/><BR/>Regards,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-23045275654681668702008-12-02T17:58:00.000+08:002008-12-02T17:58:00.000+08:00Hi cif5000,No, there is no correlation between my ...Hi cif5000,<BR/><BR/>No, there is no correlation between my portfolio gain/loss and STI's gain/loss due to the additions to my portfolio over the months.<BR/><BR/>The STI display is just to highlight the drop from peak last year as a measure of the severity of the stock market slump, and is not meant to use as a benchmark for my current portfolio.<BR/><BR/>Thanks,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-55247517324522840192008-12-02T17:54:00.000+08:002008-12-02T17:54:00.000+08:00Hello Paul,Thanks too for visiting. Blogging helps...Hello Paul,<BR/><BR/>Thanks too for visiting. Blogging helps me to collect my thoughts and also serves as a diary for my investment journey, so I can learn from mistakes or spot any flaw in my analysis (on hindsight). I feel being consistent is important to earn a decent return from investing, and not to "flee from the scene" when things start to look bad.<BR/><BR/>Cheers,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-27254168096090285712008-12-02T17:52:00.000+08:002008-12-02T17:52:00.000+08:00Hi Anonymous @ Nov 30,Thanks for visiting and for ...Hi Anonymous @ Nov 30,<BR/><BR/>Thanks for visiting and for looking at my Tat Hong posting. Yes, I feel this is a good time to buy companies for the long-haul, not when they are massively popular and trading at high valuations.<BR/><BR/>Regards,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-8538239321513469912008-12-01T14:09:00.000+08:002008-12-01T14:09:00.000+08:00Hi MusicwhizMy portfolio is also in red and easily...Hi Musicwhiz<BR/><BR/>My portfolio is also in red and easily > 50% paper losses. I'm just holding and collecting dividends and thinking more about how randomness is more common that we think in life. [Reading Nassim Nicholas Taleb's "Fooled by Randomness" and "The Black Swan" kind of does that to you!]<BR/><BR/>The more I see the upheavals in the market, the more I don't believe in efficient market hypothesis. :-)<BR/><BR/>Be well and prosper!PanzerGrenadierhttps://www.blogger.com/profile/15836438378215893219noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-30403400186600184762008-12-01T12:14:00.000+08:002008-12-01T12:14:00.000+08:00MWA lot will depend on the current market situatio...MW<BR/><BR/>A lot will depend on the current market situation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-61776798652676348772008-12-01T11:08:00.000+08:002008-12-01T11:08:00.000+08:00Hi Musicwhiz,I notice that you include the differe...Hi Musicwhiz,<BR/><BR/>I notice that you include the difference between STI Peak & STI Today on the presented table. <BR/><BR/>Are you contrasting the movement of your portfolio value against that of the STI?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-37361536042411722682008-12-01T08:24:00.000+08:002008-12-01T08:24:00.000+08:00Hi MusicWhiz,i admire your courage to disclose you...Hi MusicWhiz,<BR/><BR/>i admire your courage to disclose your portfolio so openly to others. <BR/><BR/>Everyone seems to be suffering major losses now but i'm sure things will pick up soon.<BR/><BR/>Thanks for being so consistent!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-26839631297136530072008-11-30T04:51:00.000+08:002008-11-30T04:51:00.000+08:00Hi, happen to look at your blog by chance on Tat H...Hi, happen to look at your blog by chance on Tat Hong's postings. Ur blog is realli well-written. I've gathered lotsa insights. Ur portfolio looks realli good in the 2-3 yrs. Like you, I'm also nursing losses. But I think it's good time to pick up Long term multi-baggers when prices are so attractive. Keep blogging! CheersAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-22734364885366249052008-11-29T00:53:00.000+08:002008-11-29T00:53:00.000+08:00Hi qx,Thanks, I went to take a look. Not too good ...Hi qx,<BR/><BR/>Thanks, I went to take a look. Not too good at reading Chinese but I think he also has a portfolio online like myself where he features his gain/loss. However, I did not read the text of his blog. If what you say is true, then I believe he is not using value investing techniques.<BR/><BR/>Cheers,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-35719437042706306202008-11-28T22:34:00.000+08:002008-11-28T22:34:00.000+08:00Hi MW, if you can read Chinese well, I recommend y...Hi MW, if you can read Chinese well, I recommend you to read this investment blog from HK.<BR/>http://redmonkeyblog.blogspot.com/<BR/><BR/>I think this investor focus more on macro factors and less on micro (company)factors. He also shared a lot on pyschology factors of retail investor.Anonymousnoreply@blogger.com