In my previous post on "How Do You Prepare A Growing Warchest", I mentioned about how we can accumulate our warchest through a variety of ways.One of the ways to do them is through the accumulation of defensive stocks which tend to be more resilient during period of uncertainties.I was fortunate to have a few of these defensive resilient companies in my portfolio, which include the likes of Vicom, Starhill Reit and Netlink Trust when I started the year, each of them taking up a very large position in the portfolio.I began to unwind each of them slowly, as I look to build up more warchest in anticipation of events like what we have today, with the divestment of Starhill Reit back in May at a (relatively so-so on hindsight) price of 75 cents and divestment of Netlink Trust back in Jun a

On Tuesday, recruitment agency HRnetGroup Ltd (SGX: CHZ) released its financial results for the second quarter ended 30 June 2019. Let’s find out how the company performed in its latest quarter. Show me the money Revenue for the 2019 second quarter inched up by 0.5% to S$108.5 million, but gross profit decreased by 4.3% to S$38.1 million. The fall in gross profit was largely due to lower gross profit from Singapore, which fell 10%, or S$2.2 million. Singapore contributed to the bulk of gross profit at 52%, down from 55% in the 2018 second quarter. Our country’s slowing gross domestic product (GDP) growth has affected HRnetGroup’s business; 2019 second-quarter GDP slowed from 3.8% a year ago to 0.1%, the lowest in a decade. Gross profit margin came in at 35.1%, down from

Of the many screening tools and metrics investors can use to find great investments, an important one is net profit margin. Gross profit margin, which measures pricing power, is useful, but net profit margin accounts for the expenses within the business, and it also lets investors know how efficient the company is at converting revenue into profits. Businesses with high net profit margins also have more wiggle room in case the business environment deteriorates, or if competition becomes stronger. Here are four solid companies with high net profit margins. No. 1: Singapore O&G Ltd Singapore O&G Ltd (SGX: 1D8) is a leading group of specialist medical practitioners who focus on women and children’s health and wellness. The group has four operating segments: obstetrics and gynae

If you are looking for Singapore stocks to buy in August 2019 and beyond, look no further. We found some interesting candidates using our data provider, S&P Global Market Intelligence, and the Magic Formula methodology popularised by Joel Greenblatt. The basic premise of the Magic Formula is to find the 30 best shares in the market as ranked by their cheapness and their quality and to hold on to that basket of shares for a year before repeating the ranking process. For a deeper understanding of how the formula works, here’s an article explaining the strategy. With that, here’s a list of the top 30 shares in Singapore’s stock market for August 2019: 1)      Noble Group Limited (SGX:CGP) 2)      China Sun

While most value investors take interest in companies which possess quality assets that are undervalued by the market, there are investors who have a preference in asset-light businesses. An asset-light business model does not require large capital investment that involve physical assets. This allows the company to focus its limited resources on achieving the best returns by running its operations efficiently, which is also much easier to scale. Moreover, as not much capital expenditure is required, most of the profits can be reinvested into expanding the business or distribute as dividends to reward shareholders. Perhaps the most commonly quoted example of successful asset-light businesses would be none other than Uber. Unlike traditional taxi-operators which own fleets of cabs and driver

HRnetGroup Ltd (SGX: CHZ) is a talent acquisition and flexible staffing firm with operations in 13 growth cities, including Singapore, Bangkok, Hong Kong and Taipei, to name a few. The group’s main operating segments are professional recruitment and flexible staffing. Its clients come from over 30 diversified sectors ranging from retail and consumer to insurance and logistics. Despite the group reporting stronger numbers and clear catalysts, its share price has taken a tumble, falling 14% from S$0.79 to S$0.68, underperforming the Straits Times Index which is up 10% year-to-date. With key growth strategies in place and also a strong regional presence, perhaps it is time for investors to urgently look into this undervalued gem. Largest Asia-based recruitment agency In its initial public

A key factor to consider when investing is whether a company has its own area of niche. Having its own area of niche is indicative of a company’s success, which further translates to better share price performance. We zoom into three companies, operating in their areas of niche expertise. Investors Takeaway: 3 Niche Plays That Investors Should Consider By RHB HRnetGroup As the largest recruitment agency in Asia Pacific, HRnetGroup runs 11 brands in 10 Asian growth cities from Singapore to Shanghai. In FY18, HRnetGroup reported an all-time high net profit on the back of record revenue which grew 9.3 percent year-on-year. The growth came from the flexible staffing business in Singapore and Hong Kong and professional recruitment in China as well as Hong Kong. While the ongoing trade war c

HRnetGroup Ltd (SGX: CHZ) has not been doing well in terms of share-price performance. But, investors should look beyond the share price and focus on its business fundamentals instead.

HRnetgroup Ltd (SGX: CHZ) stock is down more than 20% from its all-time high. Should investors be worried?

HRnetGroup Ltd (SGX: CHZ) has embarked on an acquisitive strategy since its IPO. Should investors keep the faith?

HRnetGroup Ltd (SGX: CHZ) is not fraught of risks. Here are three things investors should take note of.

Bamboos Health Care Holdings Ltd, part-owned by HRnetGroup Ltd (SGX: CHZ), has more than quadrupled its net profit in the past five years. Here's what investors should know about this exciting business.

HRnetGroup Ltd (SGX: CHZ) fell short of expectations when it released its latest earnings. Here’s why.

In the last earnings season, around 20 percent of companies reported earnings that fell below RHB’s estimates. Going into 1Q19 and beyond, RHB recommends some quality counters that investors would not have to lose sleep over. Big Names Falling Prey To Earnings Downgrade Among them, Dairy Farm, Genting Singapore and Golden Agri-Resources were some of the big names that missed earnings expectations. Given the moderation of growth in 2019, RHB has downgraded the outlook in its coverage universe. A Sign Of More To Come Prior to 4Q18, downgrades eased during 3Q18. However, as the 4Q18 earnings season progressed, the pace of downgrades started picking up. Since September 2018, the telecom, transport, consumer staples and banking sectors have seen the most downgrades to consensus earnings. RHB:

Here's a look at how Hrnetgroup Ltd (SGX: CHZ) performed in 2018, innovative developments and potential drivers of growth for the future.