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Showing posts from December, 2017

My story of Aztech and Bakertech II

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I have talked about my Aztech story in the previous post , now let's move on to the second story, which is BakerTech. The stock is still trading on SGX. 2. The Baker Technology story Why I invested in it? It's got an attractive dividend yield for its share price and the oil industry was doing very well back then in year 2010. I recalled there was a special dividend in 2013 of $0.085 per share. If you searched around, quite a few finance bloggers / sites did cheer-leading for this stock till year 2014, which further boosted my conviction that this share will do well. Imagine those who bought in early 2014... What happened? After the oil crash in year 2015, its share price only seen the downward spiral, due to impacted earnings. This decline has not seen reversal to date. (I missed subscribing to its warrants issue offer of 2 for 5 @ SGD 0.01 in year 2012 when its share price was still ok then.) In May 2016, it consolidated its shares at 5-for-1 due to th

My sad story of Aztech and Bakertech I

Today I am in a story-telling mood and decided to share my investment story of few years back to remind myself and young investors out there to be more prudent. In what way? You shall find out. 1. The Aztech story Why I invested in Aztech? Cos I chanced upon some juicy analysis post from a veteran finance blogger at that time on how wonderful are the company's producing and how good the potential earning of the company's going to be, why he chose to invest etc. So I decided to invest in the shares in year 2010. What happened? The share price of Aztech dropped over the years as business was not going well and its dividends had been negligible (no 'panadol' to ease my headache). There was a period when I thought that its earning was recovering (I recalled there was an article by Songsinger-ley Fool about it being a small conglomerate with good diversification) and bought in some more at $0.13. #Diversification or Diworsification? Foolish me indeed! That

Goal setting - Ma Yun's words of wisdom

“ Focus is essential for business. When laying down the strategic goals for your business, you must never exceed three. Once you’ve exceeded three, you won’t be able to remember them, and neither will your workers. When you set down goals each year, just determine the t hree most important , and cut out the fourth." In whatever we do, whether it is investing or carving out a niche in something, we should never lose our focus by trying to achieve too many things at a time - either we will forget or we will forgo.  Read also  A note on entrepreneurship Another piece of Ma Yun's advice for start-ups, but I think it's also applicable to whatever we chose to embark on - "the first is what you want to do, the second is how to do it, the third is how long to do it for.” To work out finer details, we can dive into SMART goal setting when the above are thought through. And last but not least - "You cannot unify everyone’s thoughts, but you can unify the

If only I could turn back time - II

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If only I could turn back time I would have invested in... 1. Apple (AAPL)? 2. Tencent Holdings (0700.HK)? 3. Bitcoin? Ya, in my craziest dream. Bitcoin looks like it's shooting for the moon. Here's a good read on  Understanding the Cryptocurrency Boom . "Would their prices go up, up and away?"

Why Yahoo Finance rocks

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Because I can draw data from long long time ago... It dates all the way back to 1996, wow! ---- I am also using the Yahoo Finance App on my mobile which allows me to track my portfolio with ease. It is a free alternative to using stockscafe and has been pretty reliable. You can add stock symbols by simply pressing on the '+ Add symbol', add your shares holding by pressing 'Add' under the Shares column after adding symbols and also create multiple watchlists. When you enter multiple purchase dates and shares for a particular stock, it will also calculate the average price per share for you. I can see the % gain/ loss at a glance for my portfolio as a whole as well as for each stock in it. ***

Words of LIFE wisdom

⏯ “ Before you speak, listen .  Before you write, think .  Before you spend, earn .  Before you invest, investigate .  Before you criticize, wait .  Before you pray, forgive .  Before you quit, try .  Before you retire, save .  Before you die, give .”  - William Arthur Ward