Wanted

I watched a wonderful movie titled “Wanted” last weekend.This movie had the philosophical depth of ‘Fight club’ (starring Brad Pitt and Edward Norton) and similarly, it had nothing to do with violence as any review of the movie would have you believe. The underlying theme of the movie is destiny and fate. Is one’s destiny in life determined by fate?The main character is Wesley (it’s rare that I remembered the names of the characters). An accountant...

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Not so popular

FY08 results analysisThis is just a brief analysis of popular. Time is too short to analyse too much on a company that I think does not constitute a good business. The report comes from here.Turnover went up higher in FY08 than FY07, but gross profit doesn't follow through. In fact, gross margin fell from 17.1% in FY07 to 15.3% FY08. However, net profit margin increased slightly from 2.9% to 3.1%. They mentioned that the increase in turnover was...

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Fooled?

I’m in a rather pensive and introspective mood these days. Such days are usually my most creative days too. I remember doing some artwork when my mood is at the worst, perhaps I’ll share with my shareholders here one day.I’m thinking a lot about the probability and chances since I’m in the midst of reading the book by Nassim Nicolas Taleb’s The Black Swan. Let me ask these 2 questions:Question A: 90% of residents living in Tanah Merah are rich. I live in Tanah Merah, so what’s the probability of me being rich?Question B: 90% of residents living...

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Indulge in a little narcissistic activity

A lazy sunday night, so thought I'll try out a few surveys for fun. Turns out to be quite accurate, despite the seemingly small amount of questions asked in each survey. Don't we all love to find out more about ourselves - we little narcissistic self-lover? :) haha!What the House Test Says About YouYou consider yourself important, but no more important than anyone else. You love attention, but you don't feel like you deserve more of it than anyone...

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Reflections on my book reflections

This year, I’ve read a total of 28 books (excluding those that I didn’t read from cover to cover). After reading so many, I realized that those selections which interest me are getting lesser and lesser. I used to go to any library and grab a book – chances are that it’ll be interesting enough to carry on reading till the end. But as more of such books had been read by me, I have to be a little more selective.I recently stopped reading two of Ken Fisher’s books that I borrowed - the most recent one being his famous “Three questions that count”....

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The Bull Hunter – Dan Denning

This book is very meaningful to me. I remember in 2006, me and a friend just went over to DBS building there to just open a DBS Vickers account together (but not joint). After some time, my friend bought this same book and passed it to me for reading. I browsed a bit and realized that this book is not ‘locally contexted’ and hence dismissed it, saying that it’s not suitable for Singapore.Who would have guessed that years later, in 2008, I was actually...

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Singtel

BusinessSingtel had significant operations in Singapore and Australia, through a wholly owned subsidiary of Singtel Optus. They are the second largest satellite operator in Asia pacific, with international network providing direct connections from Singapore to more than 100 countries. Singtel had major investment in telecommunications industry in Thailand, India, Philippines, Bangladesh, Indonesia and Pakistan, forming the largest multi-market mobile...

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HSBC / Citi chart

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Vicom

BusinessVicom is Singapore’s leading provider in technical testing and inspection services. Listed in 1995, they have 4 business segments: Vehicle inspection business, vehicle assessment, commercial/industrial testing and other services. Vicom group consists of VICOM and JIC inspection centres, VICOM assessment centre (VAC) and SETSCO services. VICOM and JIC centre is a one stop inspection service provider. VAC provides a one-stop, post-accident...

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Blood, blood, gallons of that stuff

With Dow dropping a whopping 394 points last night on the fact that oil rises to record level of 138 per barrel, I think we can safely assume there'll be a bloodbath come Monday.Well, I'll say bring it on!Do you homework during the weekends and get ready for some serious shoppin...

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H&S pattern for PAH

Just to practise a little on my charting :) Here's the chart I for Pac Andes, Hongguo and HSB...

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Bully the Bear 1st half FY08 results

Dear shareholders,I am pleased to announce the half year results of Bullythebear for the financial year ending 31st December, 2008.It was an exciting half year for Bullythebear, with the many changes to serve our shareholders better. There is a major change in the theme of the website, from the older blue/green background to the present black/red outlook. If the new look irked some shareholders, I will take personal responsibility for it. The reason...

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The Intelligent Investor Review

I've finally finished reading The intelligent investor by Benjamin Graham, though I bought the book last year. Well, it's going to be the first of my reading. I expect myself to re-read certain chapters again and again.Actually I thought I'll never be able to finish. I don't really fancy his rather arcane way of writing - a little to rigid for me, though his content is as interesting in the past as in the present. To force myself to finish reading, I actually borrowed the same book from the library. Having a dateline of 3 weeks to finish the book...

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