As from April 2013 my Journey in Investing is 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!

Currently; it about 54% to destination!


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, 29 September 2021

Oceanus : Salted Fish Flips Over???

Read? Oceanus : Bought @ $0.035 for Round 5

Oceanus’ exit represents the first time in the history of the SGX-ST, where a company has successfully achieved a “complete turnaround through concerted restructuring efforts”, says Koh.

From Salted fish ---> Sardine ---> Touchstone ---> Multi-bagger?

0.02, 0.035, 0.037, 0.038, 0.041



Sunday, 26 September 2021

Panda Investor Who Made Extraordinary Realized Returns From His CPFIS In An Uninspiring Singapore Stock Market (2)

 Read? Panda Investor Who Made Extraordinary Realized Returns From His CPFIS In An Uninspiring Singapore Stock Market

Read? Turnaround from your chart 2008-2012?

Last night after my sharing session on Optimizing Your CPF talk during coffee break ...

One guy: You all investment bloggers like to make investing look so easy

CW : Did you follow my blog? Since when did I make investing look so easy? Did you see my chart on Win vs Loss?

One guy: Your blog got lots of graphics?

CW: Ya.

Read? You All Investment Bloggers Like to Make Investing Look So Easy




Saturday, 25 September 2021

Panda Investor Who Made Extraordinary Realized Returns From His CPFIS In An Uninspiring Singapore Stock Market

Realized returns from CPFIS is $330K and more realized returns coming next year and yearly passive income over the next decade or more!

But no snake oil product to offer to generate such returns! 


OCBC

 


Stop-loss, Cut-loss for Switching Horses and Position Sizing and NO Leverage!

 Hi Bro CW8888

What do you think of Venture, kept dropping after I bought at $19.77 but collected 2 rounds of dividen d at $500 & $250.

Should cut?

Thanks for your advice.

-------------------------------------

Read? Posts relating to Stop Loss

Stop-loss is for traders and cut-loss is for investor to switch horses. 

Are you in pain of seeing escalating paper losses; then you should sell to relieve your pains. 

Pains no more! Only regrets after that!

Choose Pain or Regret?

Got Panadols to ease pain? 













Friday, 24 September 2021

I score distinctions in my exam but not in the stock market (2)

Read? I score distinctions in my exam but not in the stock market (Refresh)

Read? Mind Flip (7)

Read? Technical Indicators? (5) - Does it really matter in SG stock market?

FA or TA or combination of FATA! Huat!

Uncle8888 is half-past-six or half-baked Panda retail investor and a birdy brain trader! No Stop-loss some more BUT he got ball to decisively and completely WRITE OFF any salted fish to ZERO on his investment performance book keeping and then MOVE ON! 

Once these salted fishes are written off. It doesn't matter any more!

Salted fish may turn into zero-baggers or forever remaining positive! Don't care!

FA?

1. Never attend a single AGM over the last 22 yrs

2. Have not read a single Annual Report for last 10 years or more!

3. Just follows news and SGX announcements!

4. Just focus on buying and selling slowly.  STRICT POSITION SIZING on own investing capital for any new mistresses so that risks are consistent.

5. Love and re-love old mistresses and slowly add new mistresses and love them all!

50-50

Wrong : Suck Panadols for Sardine or become Salted fish and write off!

Right : Suck Panadols to Touchstone to Pillow (Rounds after Rounds); and then finally Multi-baggers for Freehold/Passive investment income for life

TA?

1. Once Uncle8888 was a crazy TA follower and read every TA books found on NLB shelves and developed customized combinations of TA indicators ! TA indicators work? or Just happen we are at the RIGHT side of Mr Market?

Read? Investing - No minimum paper qualification is required!

2. Simplistic TA charting - Support and Resistance!

Smart people in the market earns smart money!

Dumb people in the market may also earn dumb money! Suck Pandols!



















Wednesday, 22 September 2021

DBS

 


Olam - IPO Effect???

Read? Round 13 : Bought Olam @ $1.58

While Wilmar is dying! KNS!



Tuesday, 21 September 2021

CAPITALANDINVEST after CPL Restructuring

Read? Lost Your Money In Hyflux??? (2)

Read? CPL - Lucky Round Number @ $4 (SOLD)

Monday, 28 January 2013

CPL - Sold ROC 37%

Not the best kind of returns. :-(

Round 18: ROC 37.0%, 1038 days, B $2.90 S $4.00

--------------------------------------------------------------------

Those Hero stocks of 2009 - 2011 that helped to recover from 2007 to 2009 draw-down of - 53%

Top two past heroes are dead!

Noble (Wrote off)

Olam (All sold)

Kep Corp (Top 1 holding)

Semb Corp (Top 2 holding)

Semb Marine (All sold)

Hyflux (Wrote off)

Biosensors (Taken Private)

CPL (Reduce to minor holding) <--- Another forced recovery of invested capital soon to switch Horse!

----------------------------------------------

Hmm .. after cash recovery of $0.951; net investment cost as follows :

Capitalandinvest @ $2.92

CapLand IntCom T @ $1.96

After donkey years of sucking Panadols on CPL paper losses; this Buy & Hold position after restructuring; now no more paper loss. Looking forward to sweet Panadols! :-)

Mr Market is always Right!


Snake Oil Financial Instrument Sold

 Examples 

Lehman Brothers Minibonds that are affordable to average retail investors. 

Products sold by Big Boys are safe lah! ???

Latest financial snake oil is ...

ONE of China Evergrande Group's main lenders has made provisions for losses on a portion of its loans to the embattled property developer, while some creditors are planning to give it more time to repay, four bank executives told Reuters.

The Chinese banks' measures, reported for the first time, show how financial institutions in the world's second-largest economy are bracing for a possible collapse of Evergrande.

The developer epitomised China's freewheeling era of borrowing and building, with nearly US$305 billion in liabilities across loans, bonds, so-called trust products and money owed to contractors and suppliers, among others.

Agricultural Bank of China (AgBank), the country's No 3 lender by assets, has made some loan loss provisions for part of its exposure to Evergrande, one of the executives said, without giving details.

Meanwhile, China Minsheng Banking and China Citic Bank, two other major Evergrande lenders, are prepared to roll over some of their near-term debt obligations, two separate sources with knowledge of each situation said.

Monday, 20 September 2021

12 Days Later - Mr Bear Coming To Town???

Wednesday, 8 September 2021

Read? Is STI Bear Smiling Again???



DBS : Bought @ $29.78 For Round 25

Monday, 23 November 2020

Read? DBS : Round 24 - 1 : Sold @ $24.89

1 year itch!

Waited until neck so long! Later tio whacked and sucks Panadols for long time! LOL!

Sunday, 19 September 2021

Keppel Corp and DBS

 Hmm.. interesting to see what will happen on Monday as closing spike on high volume on Friday!





SML - Right Issue @ $0.08 for Forced Round 42

That was 11 years ago for Round 41!

Monday, 2 August 2010

Read? SML - Sold $4.05, ROC 5.5%

Read? Sembcorp Ind + 4.9 SML in specie Is Greater Than Sum of parts for Semcorp Ind with 61% SML holding ??? (2)

CW8888: Temasek to take SML private and merge with Keppel O&M?

TEMASEK Holdings will take up 49.3 per cent of Sembcorp Marine (Sembmarine)'s rights issue, which means it will need to make a compliance offer for all shares of Sembmarine that it does not already own.

In a statement late on Friday night, Sembmarine Sembcorp Marine: S51 +1.2% announced its rights issue had closed on Sept 14 with valid acceptances for 15.9 billion or 84.2 per cent of the rights shares on offer. Excess applications were made for 6.3 billion rights shares, or 33.5 per cent of the total rights shares available.

The acceptances and applications include those of Startree Investments, a wholly owned unit of Temasek, for 12.6 billion of the rights shares.

Wednesday, 15 September 2021

DBS

 


Singaporean Cat Or Homegrown Cat??? (Refresh)

Sinktel - Home-grown CEOs since Day 1; but its share price is way below Singtel IPO @ $3.60 for donkey years despites keep changing home-grown Cats! Time to change to a Black Cat?

As investors; who care whether Black Cat or White Cat? Cat which puts more money into our bank account is Good Cat!

Read? Singaporean Cat Or Homegrown Cat???

Read? DBS : Highest paid CEO in Singapore

Mr Shanmugam brought up how Mr Leong, in his maiden speech in Parliament last year, had professed his "deep disappointment" that DBS Bank was still without a home-grown chief executive, and asked if the PSP NCMP still believes that naturalised Singapore citizens should not hold top positions.

Tuesday, 14 September 2021

20 yrs ago Kep Corp in 2001 and Keppel Vision 2030.

 20 years ago in Sep 2001; Uncle8888 believe and bought into Keppel's restructuring story in Round 1 @ $1.32 after Sep 11 WTC when market crash and Keppel made money as No 1 Oily company!

20 years later; Keppel became smelly, oily stock and most hated and has to shake off the smelly and oily business with its Keppel Vision 2030. Again; Uncle8888 still believe and now at Round 101 i.e. 100 rounds more than in 2001! LOL!

Average 5 rounds P.A over 20 yrs!

Read? Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (15)

-----------------------------------------------------------------------------------------

Sunday, 25 September 2016

Read? You Are Stupid To Lose Money In Your O & G Investment! Blame Yourself For Stupidity!

In Aug 24, 2001

Promising Conglomerates Still Struggle in Singapore

By Richard BorsukStaff Reporter of The Wall Street Journal

Aug. 24, 2001 12:01 am ET

SINGAPORE -- Two state-run Singapore conglomerates have each developed a more attractive story to tell potential investors than what was offered several years ago, but they still aren't receiving reams of rave reviews.

Keppel Corp. and SembCorp Industries are getting more attention than they did during the late 1990s. As well they should, since the two sometime-competitors look significantly different and better than they did during the 1997-98 Asian financial crisis. Many investors avoided the two complex holding companies, often seen as proxies for "Singapore Inc." The unhappiness stemmed from low rates of return, a result of inefficiency and high-cost diversification and expansion from their colonial-era roots in shipyards and engineering.

A series of restructuring and pruning moves has led some analysts and fund managers to regard the diversified companies in a more favorable light. They were pleased last year when SembCorp, whose five core businesses are utilities, engineering and construction, environmental engineering, logistics and marine engineering, sold off its Delifrance chain of French-style patisseries. Meanwhile, Keppel reduced its number of units and untangled a web of crossholdings involving several listed subsidiaries.

While the respective revamps have won the companies some fans, their share prices have at times languished. Interest in the companies was neither sustained nor broadly based. Many Singapore analysts have "buy" or "outperform" ratings on one or both at present, often based on the belief that there's hefty value left to be unlocked. They contend shares of Keppel Corp., which began its restructuring later, can reach about 4.25 Singapore dollars (US$2.43) in the next year. On Thursday, Keppel closed unchanged at S$3.32.

But some fund managers say that, while they welcome change at the two conglomerates, they don't like the odds for a significant rise in their share prices in coming months because they don't foresee short-term gains for equities battered by global markets and the grim outlook for trade-dependent Singapore. After growing 10% last year, Singapore may see its economy shrink in 2001.

Even when economic conditions improve -- boosting some of the infrastructure, property and other businesses that either company is in -- not everyone will stock up on the conglomerates; chilly market sentiment still lingers. Hugh Young, managing director of Aberdeen Asset Management Asia, says they and most Singapore companies are making gains in seeking ways to boost shareholder value. "But we still prefer companies with focus and specialization" rather than diversified interests, he says.

In recent months, Keppel Corp. has moved to both tap locked-up value and to respond to complaints that the holding company doesn't have clear core businesses. It sold its 37% stake in banking arm Keppel Capital Holdings to Oversea-Chinese Banking Corp. , generating an exceptional profit of S$800 million. Keppel Corp. also announced its intention to privatize its listed oilrig unit, Keppel FELS Energy & Infrastructure, making that one of its core operations. In addition, a capital-reduction program will pay shareholders 50 Singaporean cents a share.

Keppel Corp.'s moves and first-half results -- profit rose 21% -- have gotten mixed reviews from analysts. "Restructuring has only just begun" was the title of a bullish note from SG Securities. Its Singapore research chief, Foo Jou Min, calculates S$4.30 as Keppel Corp.'s "breakup value," which means that at current levels the stock can still be considered undervalued.

On the other side, the first-half results led G.K. Goh Securities to downgrade Keppel Corp. to "hold" from "buy." Having sold its banking interests, the holding company now "lacks strong earnings drivers" in the short term, the brokerage firm said.

Analysts agree that SembCorp has found a new driver for earnings, as its utilities division provides power to an increasing number of chemical and other customers on Singapore's Jurong Island. Utilities "is going to be the star as we move on," Chief Executive Wong Kok Siew said last week.

But growth in the energy business will come at a cost, most analysts say. They expect SembCorp will need to raise more cash in 2002, which will increase its debt load. A report by Merrill Lynch, which is "neutral" on SembCorp, says fundraising looks inevitable. One fund manager calls that expectation "a sword hanging over SembCorp." But Salomon Smith Barney rates the stock "outperform" and has set a price target of S$2.20 in the next year. On Thursday, SembCorp rose two Singaporean cents to S$1.61.

Overall, analysts say changes made so far at both Keppel and SembCorp should be applauded. However, in part, because equities in general seem out of favor, "the market isn't rewarding the conglomerates for their restructuring," says Sim Chey Hoon, an analyst at Merrill Lynch.

Another Singapore-based analyst says he believes that even if the conglomerates had done a highly impressive restructuring job, they still would be shunned. Experiences in many countries have left investors "with a feeling that few conglomerates in Asia produce high rates of return," he says.

Sunday, 12 September 2021

A Case Study Or Lesson For Lean FIRE or Replacement Income For Retirees on Dividends

We often read in blogs, forums or social media Passive income > Living expenses. Pom pi pi!. Can FIRE liao! LOL!

Lean FIRE or replacement income for retirees on dividends may NOT be sustainable over prolong market or economics crisis. We may need Plan B to level up our dividend income! Plan B. How to do that during our decumulation phase?

Lucky or unlucky; Uncle8888 learnt first-hand lesson on the ground after 3 years surviving on replacement income as Panda in local market, SGX and CPF during COVID-19. Now; he no more kpkb on rotting cash in his war chest! That is his Plan B and Plan C is to tap on his CPF RA tap for monthly cash flow:-)

Uncle8888 has to double up his investment costs during this crisis due to drastic drop in dividends from his top 3 counters to sustain his dividend income level! 










Saturday, 11 September 2021

Why Earned Income Is NOT Sexy In The Investment Blogosphere?

Read? Stable Consistent Income Versus Variable Volatile Income

Thank you! SMOL for explaining. Read? Freehold Investment Income?

Read? Vision 2028 As Panda/Koala Investor In Local Market SGX - Reaching Investing Nirvana!

Why earned Income is NOT Sexy in the Investment Blogosphere?

How many blog posts in the investment blogopshere mentioning their earned income after tax have generated far more cash than their investment portfolio?

Why? Why? Why?

Singapore Man of Leisure11 September 2021 at 01:13

hyom,

You regular and know my "bawu", so its gloves off!

I shoot my mouth first, then beg for forgiveness...

LOL!

All in good fun :)

For most people, a stable and consistent paying job IS already a safety net!

When we are in our comfort zone, why take risks?

Unless there's a "catalyst".

Read? More related posts

Nothing motivates a man more to embrace risk taking than after getting dumped by his girlfriend for another richer man!!!

To me, safety nets are hygiene factors, not motivating factors ;)

-------------------------------------------------------------------------------------------

Is our lifetime of earned income more sexy than our investment portfolio total return?

At least sexy for Uncle8888!


Friday, 10 September 2021

ComfortDelgro : Bought @ $1.56 for Round 3

Read? ComfortDelgro : Bought @ $1.62 for Round 2



Vision 2028 As Panda/Koala Investor In Local Market SGX - Reaching Investing Nirvana!

 





Investing Nirvana is where freehold investment income for life begins i.e. cessation of emotional pain of losing own hard earned savings across future market and economic cycles!

 


Wednesday, 8 September 2021

Is STI Bear Smiling Again???

 












Tuesday, 7 September 2021

GIC star private equity investor leaving to start new fund

 Read? Hard Is Good; Difficult Even Better!

Singapore Man of Leisure31 August 2021 at 21:40

Small Time Investor,

Different strokes for different folks.

行行出状元

The trick is to find the right shoes to fit our feet ;)

I'll be gentle.

Just stating the facts; no twisting of the bayonet.

Those who peddle "masterclasses" are definitely NOT the top percentile of any cohorts...

If one is really successful in investing/trading/sales, one would be dealing only with institutional clients or high net worth individuals.

The big money is working with whales; not ikan bilis retail customers.

Store Manager, Area Manager, Country Manager, Regional Manager, Global Responsible - would the Global Responsible be dealing direct with retail customers?

Pause and think for a moment.

Would any successful top tier lawyer/doctor/consultant/money manager work the night and weekend shifts???

Wait.

I work weekends...

That's why I'm only a man-whore :)

-----------------------------------------------------------------------

See lah! Real life example! LOL!

[SINGAPORE] The GIC executive who made savvy bets on private companies that went on to have record-breaking listings in Indonesia and the Philippines is leaving the Singapore sovereign wealth fund to start his own firm, said sources.

Amit Kunal, managing director of private equity in South-east Asia, plans to start a fund with assets under management of US$500 million to US$1 billion, said the sources, who spoke on condition of anonymity. With the new private equity fund, he will likely continue to actively work with companies to help them grow in South-east Asia, they said.

Choo Koon Po, GIC's vice-president of private equity in South-east Asia, is also leaving the firm to join Mr Kunal. The duo had previously worked together at Bank of America Merrill Lynch before they joined GIC.

A GIC spokesperson said in response to questions from Bloomberg: "We can confirm their departure and wish them well in their future endeavours."

Mr Kunal and Mr Choo declined to comment.

Though GIC began investing in private equity in 1982, its exposure to the asset class in South-east Asia expanded after Mr Kunal joined in 2011. He helped steer GIC's involvement in some of the region's biggest deals; they include Monde Nissin Corp, an iconic snack maker in the Philippines, and Indonesian e-commerce platform PT Bukalapak.com, both of which had the biggest initial public offerings in their local bourses this year.

Stocks Only Go Up Even In Local Market SGX!!!

See for yourself! All time high record! Mai play play!

A picture tells a Thousand words! LOL!

How to make stocks only go up?

Uncle8888's secret strategy! 













Keep injecting capital!

LOL!









Sunday, 5 September 2021

What is snake oil?

 Read? Are You A Snake Oil?

Read? The boss of a 'Black Swan' fund predicts an epic market crash, warns crypto isn't a safe haven, and blasts the Fed in a new interview. Here are the 12 best quotes.

Snake oil in investing world???

11. "No book is ever gonna tell you what to do successfully as an investor."

12. "There's so much storytelling, narrative, even snake oil being sold in the name of this dogma of diversification. It's just making people poorer and not even providing very much risk mitigation."

Want to know more on what are sold as snake oil?

Google "Snake oil masterclass" - see yourself! LOL!


Saturday, 4 September 2021

Follow The Master! Luck, Market Timing And Account Size That Really Matters!

 29 May 2021

Read? Lucky Or Unlucky When You First Get Started Investing Over Market Cycles (3)

A newbie's investing performance as Panda in local market from $180K to $235K in 3 mths!













One indication why newbie can out perform veteran even both have large account size to hoot the market.

Investing /trading : Once bitten, twice shy?

Veterans can be suffering from this! Just like Uncle8888!

Read? My Thought On Leveraging To Power Up Trading Income From SGX

Active contra trading T+5? Never again!

Why?

The days of becoming rich from market is over! Since 2016; it is about getting investment income from the market to support retirement income for life and avoid taking bigger risks for bigger rewards!

Once bitten, twice shy?

It is quite obvious! After 2008; Uncle8888 is becoming more kiasi and kiasu! No more hoot ah!




















Related Posts with Thumbnails