I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

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.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Monday, 14 October 2013

K-Green: 9M FY2013 RESULTS HIGHLIGHTS

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  • Excluding construction revenue arising from the flue gas treatment upgrade following its completion last year, Group revenue for 9M 2013 remained stable at $50.8 million compared to 9M 2012.
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  • Profit after tax for 9M 2013 was $10.9 million, contributing to earnings per unit (EPU) of 1.72 cents for the period. Excluding the contribution from the construction of the flue gas treatment upgrade last year, profit after tax was $0.2 million or 2.0% lower compared to 9M 2012.
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  • Net asset value per unit as at 30 September 2013 was $0.99 compared to $1.02 as at 30  June 2013, due to the distribution payment of 3.13 cents on 15 August 2013.
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  • Cash generated from operations was $36.7 million for 9M 2013.

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