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Kevin's blog

April 2014

A tale of seven stocks and the 8% rise in the FSTI Index from 5 February to 11 April 2014

Tuesday 15 Apr 2014 @ 10:23 AM

 Yesterday I received an email from the SGX indicating that the "Singapore benchmark beat US, Hong Kong & Japan in year-to-date".  I did some checking and realised that from the 5 of Ferbruary 2014 to the 11 of April 2014, the FSSTI Index had risen some 8% or 238 points.  There were more gains yesterday and today.  The chart of the FSSTI below shows the strong gains seen over the last two months while the table below shows that Singapore is now one of the better performing markets in Asia but still below its regional peers..

Comments(1)

Midas wins its second high speed train contract worth RMB318mn......the macro and fundamental news is good but the share cant seem to break S$0.50

Tuesday 8 Apr 2014 @ 7:53 AM

 Midas wins its second high speed train contract worth RMB318mn.  Midas announced last night that it has received its second high speed train contract worth RMB318mn from CNR Tangshan.  The order was secured by Midas subsidiary Jilin Midas Aluminium Industries Co., Ltd.  This is the second high speed contract that Midas has won after the Chinese Government started issuing high speed train contracts again since August 2013.

Comments(3)

AddValue Technologies announced sale of one of its subsidiaries for S$330mn...share rises sharply but closed well below its implied value ??!!

Thursday 27 Mar 2014 @ 8:15 AM

 AddValue Technologies announced yesterday that it had reached an agreement to sell one of its subsidiaries for $330mn.  The shares rose from 6.5 cents to an intra-day high of 18.1 cents but closed at 15.7 cents.

Comments(2)

My interview on Channel News Asia yesterday morning - if you didnt have a chance to catch it - here are the questions and my answers

Tuesday 25 Mar 2014 @ 6:10 AM

 Yesterday I had an interview in my usual slot at 8.10am.   If you didnt catch the interview - I append below the questions and my answers:

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Straco Corporation sees FY2013 net profit rise 73% to S$34.1mn…..increases dividend to S cents 2.0 from S cents 1.25…..

Monday 17 Mar 2014 @ 8:11 AM

Straco Corporation one of my Yield and growth Stock Picks reported a strong set of FY2013 earnings with revenue higher by 32% to S$72.84mn and net attributable profit rising by 73% to S$34.1mn (slightly lower than my full year forecasts of S$35mn).  Since my first recommendation in October 2012 when the share was S$0.255….we have seen the share appreciate by 100% on strong and steady earnings growth.

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Hutchison Port Holdings Trust (HPHT) reduces stake in Asia Container Terminal Holdings Ltd from 100% to 40% and reaps capital gain of HK$125mn

Friday 14 Mar 2014 @ 8:21 AM

 HPHT, one of my Yield Picks, announced yesterday that it had reduced its stake in Asia Container Terminal Holdings (ACTH) from 100% to 40%.

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Atlantic Navigation delivers a solid set of 2013 results with net profit of US$12.9mn compared to US$0.61mn in FY2012…

Tuesday 11 Mar 2014 @ 6:42 AM

Atlantic Navigation one of my Stock Picks has come through and delivered solid set of 2013 results.

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China Animal Healthcare - a blog request from SG Lee......what to do with the stock which was delisted from SGX at S$0.30 and is now S$0.83

Thursday 6 Mar 2014 @ 3:06 PM

 China Animal Healthcare (CAH) was delisted from the SGX in August 2013 with an exit offer price of S$0.30.  At that time,  CAH shares were trading at about HK$2.50......they have since risen to above HK$5.00.......CAH was one of my recommended stocks before its delisting.

Comments(1)

Russia's invasion of Ukraine......sends markets crashing......but let's put it into some fundamental perspective

Tuesday 4 Mar 2014 @ 8:15 AM

 With the imminent threat of a Russian invasion of the Ukraine, financial markets dived yesterday both in Asia as well as the European markets.  I believe this is a knee jerk herd reaction.  I remember speaking to fund managers in the past - who have told me that during such periods of market irrationality, its best to sell first and raise cash levels as out of this uncertainty will rise good investment opportunities.  I tend to agree with this view hence I thought I would pen here some of my thoughts on the actual fundamentals.

Comments(4)

Good results from Straco, CEFC and Atlantic Navigation during the latest reporting season.....watch out for my comments on these later this week

Monday 3 Mar 2014 @ 7:18 AM

 The FY2013 reporting season is finally over.  Good results from the following:

Comments(0)

Hot Topics

Jaya Holdings to sell all its subsidiaries for S$625mn to Mermaid Marine Australia.....so no takeover but will we get a special dividend and cash payout

Russia's invasion of Ukraine......sends markets crashing......but let's put it into some fundamental perspective

Are we witnessing the start of a Bear market or is this another correction ?!

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Kevin's stock picks

StockDate
Atlantic Navigation5/08/13
Midas Holdings16/11/12
AEM Holdings12/04/12
...more

Recent Posts

Recent Comments

A tale of seven stocks and the 8% rise in the FSTI Index from 5 February to 11 April 2014(1)

Midas wins its second high speed train contract worth RMB318mn......the macro and fundamental news is good but the share cant seem to break S$0.50(3)

AddValue Technologies announced sale of one of its subsidiaries for S$330mn...share rises sharply but closed well below its implied value ??!!(2)

Jaya Holdings to sell all its subsidiaries for S$625mn to Mermaid Marine Australia.....so no takeover but will we get a special dividend and cash payout(11)

KimHeng Offshore Marine - had a company visit and met with Chairman Thomas Tan.....its not a Jaya Holdings as I originally thought(2)

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