The stock market has been running red hot in the past few weeks as investors bet on the resurgence of AI, interest rate cuts, and a potential soft landing to the economy, averting the much-feared recession. As a result of this, Warren Buffett’s favourite market gauge is flashing red, signalling that US stocks are overvalued…
Salary Compensation May Not Be Everything in Today’s Working Environment
I went for an interview last week for what I saw was a lateral similar role to what I am doing right now. This was not an intended move as I have not been actively looking for jobs outside. One fine sunny day, a recruiter called and explained to me about the opportunity, which I…
Jul 2023 – Portfolio Transactions & Update
This will be a relatively short update again as there’s no movement in the portfolio during the month. Most of the Chinese stocks I own are just range bound for the moment given the weak trajectory growth demand in China which is affecting both sentiment and fundamentals. Because of this, and also given the heavy…
Thoughts on Manulife Reits (MUST) – Decline in Valuations Resulting in Breach of Financial Covenants
Manulife Reits announced an important announcement this afternoon which was important yet dreaded by all unitholders of the company. Unfortunately, this announcement was somewhat expected to come at some stage given how the office market continues to decline at today’s rate, so they just have to bite the bullet for it. In any case, here…
Threads or Threats? What Can This Latest Social Networking App Brings to the Table for Meta Platforms?
Earlier this week, Mark Zuckerberg announced the initial version of Threads, an app built by Instagram for sharing and networking with text. Most people would be familiar with how Instagram works where billions of people around the world connect with photos and videos, so the vision with Threads is an expansion of the ecosystem to…
Active Leverage Trading Tournament: From 17 July – 4 Aug 2023 & Win Great Prizes
One of my favourite trading tournaments is back once again this year with more prizes to be won. Investing Note’s Annual Virtual Trading Tournament will commence from the 17th of July to the 4th of August 2023 and is now open for registration to both Singaporeans and Malaysian. The tournament is held in partnership with…
Naspers and Prosus – Largest Shareholder of Tencent Holdings, Finally Announce Plans to Exit Crossholding
Tencent Holdings have been under a tremendous selling pressure over the last couple of months after its largest shareholder, Prosus NV announced mid-2022 that it was going to pare back a good amount of its holdings in the Chinese tech shares to fund its own company share buyback. Even though these trades have come in…
Jun 2023 – Portfolio Transactions & Update
Apologies for missing the previous month update as I was traveling out of the country during the school holiday for quite an extended period (~ 22 days in total), bringing both our kids and parent for some reunion together. It was not an easy task because you have to plan and cater for something that…
Sea Ltd (NYSE: SE): 1-PLY Toilet Paper Valuation for Q1 FY2023
Sea Ltd made a few sensational headlines recently with its drastic cost cutting measures which puts the company back into profitability from last quarter. We are not just talking about headcount hiring freeze or salary increment pause. We are also hearing news from inside that they were removing all benefits which were provided previously to…
Alphabet (Nasdaq: GOOGL) Share Price Breaks Out to the Upside Post I/O Keynote This Week and Still Undervalued!
The stock market is a voting machine in the short term but a weighing machine in the long term. Investors might recall just about in the past three-month, Alphabet was hit by a slew of bad news. These include Google AI Chatbot Bard flubbing its answer during the demo, followed by threats about Microsoft Bing…