There are many ways to find investment ideas. Some useful ways are to screen for stocks or to look at a list of stocks near their 52-week lows to sieve out potential bargains. Studying what institutional investors have been buying or selling is another avenue. Institutional investors are typically large investment organisations, such as hedge funds, mutual funds, unit trust companies, sovereign wealth funds, insurance companies and so on. These investors tend to possess vastly greater resources than individual investors like you and me when researching stocks. Hence, it may be useful to keep a close eye on what they are doing, as a way to generate ideas. In this article, I will look at three Singapore stocks (among the top ten stocks) that have seen the highest net purchases in dollar valu

As the most successful investor of our time Warren Buffett once said, “You only find out who is swimming naked when the tide goes out.” What the Oracle of Omaha meant was that when market conditions are easy and favourable, businesses thrive and stock markets rise. However, when goldilocks conditions eventually begin to wane, investors would then see which companies truly possess great business models – one that would withstand tough times. The sell-offs in October and November coincided with the 3Q18 earnings season. Notwithstanding the slew of earnings news, investors also had to contend with the prospects of higher interest rates and uncertainties over US-China trade war. With investors turning increasingly risk averse, the tide goes out, leaving only a couple of local stocks stil

There are many ways to find investment ideas. Some useful ways are to screen for stocks or to look at a list of stocks near their 52-week lows to sieve out potential bargains. Studying what institutional investors have been buying or selling is another avenue. Institutional investors are typically large investment organisations, such as hedge funds, mutual funds, unit trust companies, sovereign wealth funds, insurance companies and so on. These investors tend to possess vastly greater resources than individual investors like you and me when researching stocks. Hence, it may be useful to keep a close eye on what they are doing, as a way to generate ideas. In this article, I will look at three Singapore stocks (among the top ten stocks) that have seen the highest net purchases in dollar valu

There are a few companies that will be going ex-dividend on Thursday. In other words, you need to own them before that day in order to receive their dividends. Let’s dive into three such companies. Best World International Limited (SGX: CGN) Best World is involved in the development, manufacturing and distribution of top-end skincare, personal care, nutritional and wellness products, to customers through its direct-selling network. The firm is dishing out 1.2 Singapore cents per share for its third quarter as a special dividend. For the company’s latest quarter, revenue spiked 96.8% to S$92.1 million, up from S$46.8 million a year ago. The improvement was mainly due to the full commencement of the franchise segment in China from July 2018. Meanwhile, net profit surged 145.3% to S$29.9

There are many ways to find investment ideas. Some useful ways are to screen for stocks or to look at a list of stocks near their 52-week lows to sieve out potential bargains. Studying what institutional investors have been buying or selling is another avenue. Institutional investors are typically large investment organisations, such as hedge funds, mutual funds, unit trust companies, sovereign wealth funds, insurance companies and so on. These investors tend to possess vastly greater resources than individual investors like you and me when researching stocks. Hence, it may be useful to keep a close eye on what they are doing, as a way to generate ideas. In this article, I will look at three Singapore stocks (among the top ten stocks) that have seen the highest net purchases in dollar valu

The Singapore Exchange is home to nearly 100 stocks with market capitalisations of more than S$1 billion. These “billionaire stocks” are from a range of sectors and geographical concentrations, giving investors a wide range of investment opportunities. Contrary to common perception that larger capitalised stocks can only deliver modest growth, as compared to smaller caps, the top performing billionaire stocks on SGX have delivered enviable returns in 2018 year-to-date, despite market corrections and overall uncertainty and volatility. In fact, the top 10 best-performing billionaire stocks averaged a total return of 29% for 2018 year-to-date. These stocks are Sri Trang (48.2%), Best World (44.0%), Top Glove (42.9%), Japfa (41.7%), M1 (26.7%), Keppel T&T (21.2%), Sheng Siong (18.4%),

Best World International Limited (SGX: CGN) is Singapore’s only listed direct selling company. Recently, I did a simple screen to find companies with high returns on equity and little debt. Best World was one of the three companies that topped the list of highest returns on equity. Best World has also shown impressive growth in recent years leading to its share price increasing a phenomenal 14 times in just five years. With that in mind, let’s look at some of the key performance indicators for its 2018 third-quarter results. The Numbers In the reporting quarter, revenue spiked 96.8% to S$92.1 million. 2. Net profit attributable to owners increased 145.3% to S$29.9 million. 3. Year-to-date revenue was up 3.8% and net profit margin widened by 6.3 percentage points, resulting in a

Notwithstanding the sea of red in the equity markets for the past couple of days, these two stock charts caught my attention. They are Best World and Tencent.   Best World – retreats back to double bottom neckline Best World has dropped 9.2% from an intra-day high of $1.52 on 4 Oct 2018 to close $1.38 on 11 Oct 2018. Based on Chart 1 below, Best World is retreating back to its double bottom neckline of around $1.39. This seems to be a classic “break and re-test” resistance turned support pattern. There is a confluence of supports (50D, 100D and 200D EMA) which increases the probability of the neckline holding. With the exception of 20D EMA, the other EMAs are rising with golden cross formations. Overall, the chart still looks positive despite the 9% slump and the eventual technical

Benjamin Graham, who was Warren Buffett’s mentor, once said: “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” What Graham meant is that in the short-term (days and months), stocks can fluctuate wildly. But in the long-term, companies with strong earnings tend to do better than those without. The best shares of the decade Over the past 10 years, the 15 best-performing stocks in Singapore’s market are: 1. AEM Holdings Ltd (SGX:AWX); 2. Best World International Limited (SGX:CGN); 3. BreadTalk Group Limited (SGX:CTN); 4. CITIC Envirotech Ltd (SGX:CEE); 5. Straco Corporation Limited (SGX:S85); 6. UMS Holdings Limited (SGX:558); 7. Tianjin Zhong Xin Pharmaceutical Group Corporation Limited (SGX:T14); 8. China Sunsine Chemical Holding

This week, Best World has caught my attention. Why is it interesting? a) Chart seems to be in the midst of a double bottom formation Best World has fallen 29% from an intraday high of $1.90 on 19 Mar 2018 to close $1.35 on 19 Sep 2018. It has been trading in a range $1.20 – 1.39 since 15 May 2018. Indicators are mixed with MACD and RSI exhibiting bullish divergences during this period. Except for 200D EMA which is levelling, all other EMAs are rising. 20D has already formed a golden cross formation with 50D EMA. Best World has closed four out of the five trading sessions above its 200D EMA (currently around $1.34) which is the first time since 15 May 2018. Volume has been increasing since late Aug, especially on “up” days (i.e volume is higher on those days when Best World trades hig

Best World International Limited  (SGX: CGN) is Singapore’s only listed direct selling company. It has operations in 13 countries across Asia and sells healthcare products. In its short three-year lifespan as a listed company, Best World has shown impressive growth as revenue and profit have both soared, resulting in a mind-boggling 1400% increase in its share price. With such an impressive record, I decided to take a quick look at how it performed in the most recent quarter. Did it continue its strong showing? Revenue and profit performance The group’s revenue declined 36.6% for the three-month period between April and June. For the first half of 2018, revenue plunged 39.6% to S$60.4 million from S$100.0 million over the corresponding period in 2017. Likewise, profit before tax w

In the next couple of days, there will be a number of companies going ex-dividend. In other words, you need to own them before a particular date in order to receive their dividends. Let’s take a look at three of them randomly. Tuesday, 28 August 2018 Stamford Land Corporation Ltd (SGX: H07) is going ex-dividend on Tuesday. The company is Australasia’s largest independent owner and operator of luxury hotels. It owns a portfolio of prime hotels and investment properties in Australia and New Zealand. Stamford Land is dishing out 1.0 Singapore cent per share for its fourth quarter of 2018. For the full year ended 31 March 2018, the company’s revenue grew 44.1% year-on-year to S$453.3 million, mainly on the back of higher revenue from property development. Meanwhile, its net profit surged

There are more than 700 stocks listed on the Singapore stock market. With such a sheer number of shares, it would be difficult to pick out the best from the rest. To make life simpler for you, I have filtered out, using a stock screener, the best three that you can consider for your portfolio for the long-term. These companies have strong earnings growth, possess clean balance sheets, and have a respectable return on equity (ROE). With that, let’s take a look at the best three stocks. Company #1: Best World International Limited (SGX: CGN) Best World, which became the first direct-selling company to be listed here in 2004, is involved in the development, manufacturing and distribution of top-end skincare, personal care, nutritional and wellness products, to customers through its direct-s

                                                                                    On 15/1/18, I added to my stake in AEM Holdings at $3.27 and Nordic […]