sheng siong rewards shareholders and their staff. best management. only thing is hope to see more next generation taking over and carry on the good work.
@@boj1719 Ascendas Reit, Frasers logistics & commercial trust, Mapletree logistics trust, Frasers Centrepoint trust just to name a few. I am vested in these. 👍
Thanks for the video, Josh. I’m holding Wilmar and CapInvest. If we were to see stagflation in the coming years, Wilmar could benefit from the high food prices. Wilmar was trading at more than $7 at its previous peak. But I agree that market is mispricing Wilmar. As for Capitaland Invest, Group CEO Mr Lee Chee Koon has done alot since helming the company, from the combination of Ascendas Singbridge to privatisation of the development arm. I’m confident that the Senior Leadership Team will lead the company into one of the world’s leading REIM company in the medium to long term.
Hi Josh, Thanks for your video and your stock ideas. For Riverstone, actually clean room glove is not something new, but I do agreed it is a good margin products. What I wish to point out is Riverstone also facing strong competition from other Malaysia glove makers, like top glove, hartalega, kossan and supermax. What I wish to share is Hartalega also in the same situation as Riverstone, as its cash onhand is about 74% of its market cap (if my calculation is right)
Hi Jackson, yes clean room gloves is not new. Actually not new is good! means it has a leg up in building up a reputation for it Aware on strong competition in malaysia which has been around also. The new competition seems more from china...
Oh I dont have a insight to it apologies. Personally Im not reacting to it also. WIll be releasing a followup on China once my holdings there turns more green as a story of being rewarded for patiently riding out and being contrarian. Stay tuned
I truly appreciate this sharing. Should an investor put into consideration if a company is unethical in their business as officially reported? Example Monsanto and Wilmar..
@@endi4654 Thanks. I will check. I have some Wilmar and thinking about buying more. As a share holder I can try to ask Wilmar about what they are doing and demand change.
Dont disagree but dont agree in totality. Some of these are considered punts (not dividend play) and good that you hv sold. Dividends from such companies can also go from 8cts to 2cts. And the stock price can also crumble beyond cost for the same reason. Most of my dividend plays, i keep for a long long long time, decades. Average yield base on my cost is probably just under 10%pa. Good luck in 2023. Hopefully can make 7 digits this year
Thanks Josh for the Overview. I am from Germany and i like Singapur Stocks for get Exposure to the strong SGD. I like Sheng Siong, strong balance sheet. 8% FCF Yield (2023), Insiders with skin in the game, ROE/ROCE >30%, beta 0.188. Guess in US this would trade at 4-5% FCF yield. #2 Haw par at 0.67 bookvalue , tiger balm you get literally for free #3 Netlink, 6% yield, beta 0.180, monopoly, to park some cash
Hey josh, really insightful and helpful video! ive got a qn to ask Currently a 20 turning 21 year old nsf with a portfolio of quite a number of US / SG stocks, and one of my hobbies is using most of my saved ns pay and dividends received over the past few months to put into different singapore dividend stocks every 1-3 months. I try not to buy the same stock again unless it goes below a certain price where i think theres value, and where the yield is 4.5%-5%. the reason is because i want to have a diversified portfolio. Is this a good idea or should i be focusing on a few stocks/etfs (eg. 10 stocks and 3 etfs max), would really appreciate your input! :))
Quick thoughts - try not to buy the same stock again unless it goes below a certain price where i think theres value > price can go up and continue to accumulate if value has gone up - focusing on a few stocks/etfs (eg. 10 stocks and 3 etfs max) > this is a good limit. It forces you to think doubly first before buying something new
Hi Josh 5 years ago 2018 which COVID-19 hit the world caused prices to plunge. I felt that a false sense of achievement as the price recovered and jumped thereafter. Covid-19 maybe the catalyst effect.
If I interpret your pov correctly, I think you're saying that prices jumped after covid when governments printed money in 2020. I agree w that especially for the US tech stock sector. That's why Ive a lot of content on staying away from NASDAQ for the coming year. Using shengsiong for example, the pandemic has passed but it has still achieved a higher profit number than in 2019. That is good operations and good store expansion. Reward of higher sheng siong share price is well deserved
Simple to understand service based business. I've seen growth in their numbers. I'm still thinking what could be a big kicker to re-rate their share price...
YangZiJiang Shipbuilding (SGX: BS6) : I don't think investors need to be an industry expert to invest in YZJ. What's more important is the book order and gross profit margins. With YZJ's current book order, investors have clarity to the company's revenue for the next 4-5 years. i.e. Clients ordering ships need to think long term, and orders are usually cancelled only due to bankruptcy concerns. However, due to YZJ's building capacity, it's unlikely that investors can expect any revenue/profit surprise from the company. At a dividend yield of 3+%, there are probably stocks with better valuation right now.
@@joshconsultancy Definitely agree with the "circle of competence" argument. However, may I know if you would prefer to invest in a company in your "circle of competence" or a company which you can forecast its revenue and profit? YZJ's revenue is determined by its book order and building capacity. Its gross profit margin is largely dependent on the steel price which makes up a large portion of its COGS and can be easily tracked. I'm probably over-simplifying things here though.
Asset heavy business where govt has a say in pricing. While share price has been doing well, I've concerns. Sharing this NETLINK AND STARHUB 🔥, WHAT YOU NEED TO KNOW ABOUT IN THIS 5G ERA! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-YdNwv2YHvSc.html
Suntec is a reit and owns the property. It’s measurement will be more of p/bv Capitaland is turning asset light although there is still some ownership of property. Measurement for such asset management firms will be more on pE ratio
Singpost has lost massive shareholder value. For KEPPEL DC REIT - Is The Worst Over? Latest Results From Mapletree Industrial Trust | REITS | DIVIDENDS ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-VudvbTITL1I.html
Look for dividend growth - if yes - it may be lower than FD but fast forward 5y and more, it will be more than FD - the share price will appreciate to reflect it also resulting in gains Why I'm Not Buying Any Fixed Deposits And Treasury Bills (T-Bills) ... ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-qCNz-snWxrI.html
