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
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Wednesday, 18 August 2021

In the market Always There Are Buyers and Sellers i.e. one man's poison can be another man's meat!

Read? The stock market is weird. (2)

Real examples from our local investment bloggers!

Blog post 1 on Monday, August 16, 2021

Cut loss: Diary Farm 30 Percent loss.

I finally decided to part way with Diary Farm.

Maybe years down the route, they might recover, or maybe mainland visitors will start visiting and give a boast to the health care and beauty segment. Maybe YongHui loss is one off.

Blog post 2 on Tuesday, August 17, 2021

BUY INTO DAIRY FARM INTERNATIONAL, CHINESE TECH AND CONSIDER SECURED WEALTH LENDING

Anyway, Jardine-owned Asian retail giant Dairy Farm International announced its 1H21 earnings more than 2 weeks ago and it was bad. Since then, its share price has fallen significantly. It seems like shopper behaviour during this Covid pandemic is still erratic and given the ongoing restrictions, outlook for the year remains glum. I didn’t have a big position in Dairy Farm International before the announcement but I was consistently averaging down as the share price fell. It has now become one of the major stock holdings in my investment portfolio.

I expect the earnings recovery for Dairy Farm International to start from next year 2022 onwards so I will continue to buy into it if the share price keeps falling for the rest of the year. I don’t have much exposure to this industry sector in my investment portfolio so I’m ok to take a bigger position in it. As long as its Covid-related affecting consumer spending in this area, I have no problem waiting for the eventual recovery. It may take longer than I think but I reckon patience is key for this to pay off.


2 comments:

  1. CW,

    A tale of 2 cities.

    There's Sheng Siong, and there's Diary Farm.

    Some say Wuhan virus is great for supermarket plays! Look at all the hoardings by panicky consumers!

    Some say Wuhan virus is bad for retail business...


    One has reported outsized profits plus big bonuses to staff.

    The other has reported dismal profits. Eh?

    Some investors prefer to add into winners; some prefer to add into losers.


    You know what's weirder?

    Got home ground advantage don't use, prefer to believe we know what's happening in Hong Kong and China better.

    Got to give this round to local local Panda/Koala bears for the win!

    See? I can also "sayang" besides poking ;)

    LOL!

    ReplyDelete

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