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!

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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

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Monday, 31 May 2021

Sembcorp Ind + 4.9 SML in specie Is Greater Than Sum of parts for Semcorp Ind with 61% SML holding ???

 At today closing

SCI + 4.911 SML = $2.23 + 4.911 X $0.2 = $3.21

To those who are still holding smelly SML and green SCI by sucking Panadols; probably the worst is over!





Posted by Createwealth8888 at 19:07
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3 comments:

  1. Spur2 June 2021 at 18:40:00 GMT+8

    Hi Uncle8888,

    The 8th ed. of Winning The Loser's Game is out. Think you've read the previous editions liao. πŸ˜‰

    Some nuggets from this article about the book:

    - More important than understanding the market is to understand who you are. "If you don't know who you are, this is an expensive place to find out," Adam Smith famously wrote in The Money Game.

    - Ellis' key insight for investors is this: The winner is the person who makes the fewest mistakes. To make the fewest mistakes, focus a little less on returns and more on managing risk, particularly the risk of serious permanent loss.

    I think the main thing new for this latest edition is a chapter on longer duration bonds ... and the conclusion is that they're bad for long-term holding at current prices.

    Another unspoken conclusion from this article is this:
    To beat the market on a long-term sustainable basis, you may need to focus on companies/things which are not mainstream & certainly not in the news or covered by 20 bank/broker analysts. πŸ˜›

    ReplyDelete
    Replies
    1. CreateWealth88882 June 2021 at 19:49:00 GMT+8

      Quote : "To beat the market on a long-term sustainable basis, you may need to focus on companies/things which are not mainstream & certainly not in the news or covered by 20 bank/broker analysts"

      Is that reason why rich gets richer and richer as they have access to invest in start ups and private equity fund?

      Delete
    2. Spur2 June 2021 at 22:13:00 GMT+8

      Uncle8888,

      It can also be small caps or nano caps which won't be followed by analysts or institutions.

      Or having industry knowledge to deep dive into out-of-favour or those companies that others have lost interest.

      Start ups & private equity are no better than casino. The way HNWI & institutions invest in them is to buy A LOT of them at position size of 1%-3%.

      In fact most retail will lose money on start ups & flashy new companies.

      Look at the SPAC space ... a lot have disappointed while insiders & founders sold out to retail.

      Delete

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