As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday, 31 July 2016

Swiber : What Lesson Did I Learn???


Quite number of articles written in the cyber world related to Swiber.

What you should not do?

What you should avoid?

You see I saw it coming!

All these hindsight experts have shorted Swiber and now laughing to the Bank?


Over market cycles bad things will always happen and some companies will fail and die.


Every few other days there are people in Singapore tio Cancer.

Every few other weeks there are cancer patients who didn't make it and died.


Can we avoid or escape?

No!

But, we can protect ourselves and our family financially so there is less financial stress when bad thing happened to us.

This is how risk management and money management play that important role in our life. We are better off to be Ants when we are married with family and kids.

How much different in investing?



11 comments:

  1. If one study cycles...

    The fall of companies is a sign of the cycles. It means we are nearer to the bottom ( didn't say how long ) than the top. I wonder what is so surprising ?

    Shipyards close like nobody business in China and the 3 Korean giants are bleeding ...

    We have a few O&G companies falling and it get so excited ??

    But all the textbook signs are out :

    Utilization rate down, charter rate down, companies busting, capex gone.

    It's winter no doubt...

    ReplyDelete
    Replies
    1. CEO Keppel expected long and harsh winter for O&G. Another 5 yrs by looking at Keppel future Order Book build up?

      Delete
  2. Hi CW,
    do you think is there anyway an investor can see that swiber is in serious trouble other than it's high debt. Thanks in advance.

    ReplyDelete
    Replies
    1. DBS CEO didn't see it coming. Filing for bankruptcy.

      Delete
    2. Bondholders can take hair cut for win-win and let Swiber grasps for some air.

      Delete
    3. Before i vest in a counter. I always see whether it got cash, the more cash the better and min debt, the best is zero debt. I never like coy use debt for expansion, when event change so is their fortune. Many property counter have very high gearing, best to stay away as property is not doing well, and if the world take a turn for the worse, they would be in a crises like this swiber. Just take a look at Lian Beng, GLP for example.

      Delete
    4. Even cash in the books can be faked.
      Kenna before with coy with no "pedigree"
      Like the pedigree of an animal, so shall we apply the same to a coy's pedigree?

      And i think it's not even foolproof as we know nothing is.
      (Lenman Bros can be gone, what can not be?)
      We can only try to invest with as many factors as favorable to us, we can find in a coy.
      Isn't it?

      Of course, investing in penny stocks and start up is a different aspect of investing.
      i call it "Venture Investing or Venture Investor".
      Which i know nuts about.
      But i did try.
      That's why kenna.

      Delete
    5. Just trust dividends as they are real money. :-)

      Delete
    6. Ha! Ha!
      Dividend is real money no doubt; but it be "faked" too.
      i mean:-
      A coy can pay you dividends for a year or 2 or 3 from borrowed money.
      So must be aware of where your dividends comes from.
      For me i like to know are they sustainable in the first place?
      Another words in investing, have to apply the 4Ks.
      And never the KKs.
      But i did.
      Who didn't before?

      Delete
  3. I never like to vest in counter that borrow big to expand, even though it is making good profit. Look at those property developer, they would be another O n G saga, if world economy turn for the worse.

    vest in counter that got huge cash pile.

    ReplyDelete
  4. I never like to vest in counter that borrow big to expand, even though it is making good profit. Look at those property developer, they would be another O n G saga, if world economy turn for the worse.

    vest in counter that got huge cash pile.

    ReplyDelete

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