tag:blogger.com,1999:blog-28021668.post388443376736818834..comments2023-10-12T21:12:41.408+08:00Comments on Value Investment - Musicwhiz's Journey: Musicwhizhttp://www.blogger.com/profile/10950754156386935254noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-28021668.post-85913857602980175162008-04-16T23:01:00.000+08:002008-04-16T23:01:00.000+08:00Hi Desmond,I think for CFG, their efforts in acqui...Hi Desmond,<BR/><BR/>I think for CFG, their efforts in acquiring more assets will only materialize some time into the future, and thus you should not be able to see any immediate short-term increase in ROA. Such assets need to be integrated into their business and put to use before economies of scale kick in. Personally, I will be patient and assess if the acquisitions enhance earnings over time; after all, I am in no hurry to divest myself of this investment.<BR/><BR/>Thanks,<BR/><BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-65714710283101926872008-04-16T16:26:00.000+08:002008-04-16T16:26:00.000+08:00Hi Musicwhiz,Do u feel that the declining ROA of C...Hi Musicwhiz,<BR/><BR/>Do u feel that the declining ROA of China Fishery as a cause of concern since they have expanded so agressively but yet the returns are not in line with the increase in assets. <BR/><BR/>Cheers,<BR/>DesmondAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-1338536611883695412008-02-24T14:53:00.000+08:002008-02-24T14:53:00.000+08:00Hi Panzer,Yes thanks I have visited your blog and ...Hi Panzer,<BR/><BR/>Yes thanks I have visited your blog and seen your post.<BR/><BR/>Have a great weekend too !<BR/><BR/>Regards,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-24233765639916346172008-02-24T14:48:00.000+08:002008-02-24T14:48:00.000+08:00Hi musicwhizI have posted your comment as a guest ...Hi musicwhiz<BR/><BR/>I have posted your comment as a guest post and Derek from http://www.thefinance.sg has also featured it in his blog.<BR/><BR/>Cheers and have a great weekend!<BR/><BR/>Panzer<BR/>http://fivecentstencents.blogspot.comPanzerGrenadierhttps://www.blogger.com/profile/15836438378215893219noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-47349558235619449252008-02-23T00:17:00.000+08:002008-02-23T00:17:00.000+08:00Hello Panzer,Yes, sure you may use my comment as a...Hello Panzer,<BR/><BR/>Yes, sure you may use my comment as a guest post. Thanks for suggesting it and glad that you find my comments useful :)<BR/><BR/>Actually, I have to clarify that the part where I mentioned I tripled my assets is because I started out from a low base, so it is much easier to double or triple when your base is low compared to when you have a higher base (like what I have now in the market - S$80K).<BR/><BR/>Financial freedom should be what we ultimately strive for, and I think if we both conscientiously work at it, we will achieve it much earlier than most other people who would prefer to consume now and save later. They are missing out on the magic of compounding.<BR/><BR/>Kudos to you for being debt-free ! That is something I hope to achieve in about 7 to 8 years time, hopefully my salary would have scaled up by then so that I can clear the loan faster too.<BR/><BR/>The key is not to have lifestyle inflation when your income goes up, which is actually much easier to say and much harder to do ! I guess one always has to be mindful of not spending more just because one is earning more, and I constantly remind myself of that and watch my spending carefully.<BR/><BR/>Regards,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-32064826908399148602008-02-21T09:52:00.000+08:002008-02-21T09:52:00.000+08:00Hi MusicwhizI posted this reply to your comment in...Hi Musicwhiz<BR/><BR/>I posted this reply to your comment in my blog http://fivecentstencents.blogspot.com<BR/><BR/>Your comment is very insightful! Could I include it as a guest post in my next article? :-) I will credit your article and make copious links back to your blog! ;-)<BR/><BR/>You have brought up many important points about financial freedom, i.e. most of us spend more time thinking about what iPod to buy or what model of car to purchase vs. how to get the money to fund such acquisitions and its impact on our financial future.<BR/><BR/>Really it is about spending as much time on personal finance as we would on other aspects of our lives. But sadly, that is lacking in many people. I count myself as being one of those who didn't really seriously think about financial freedom until 2003 or so.<BR/><BR/>Glad to hear that you managed to triple your investible savings! Kudos to you!<BR/><BR/>For me, being debt free for my home has been one of the most memorable accomplishments in my life because it gives me a stable base upon which to make future financial decisions!<BR/><BR/>Be well and prosper!<BR/><BR/>February 20, 2008 5:42 PMPanzerGrenadierhttps://www.blogger.com/profile/15836438378215893219noreply@blogger.com