Ernest Lim's investing blog

Unique insights into SGX small caps

2

Comfort Delgro drops back to pandemic lows! What gives? (30 Sep 22)

el15

On 1 Sep, it was announced that Comfort Delgro (“CD”) will drop out of STI after being first included in the STI on 28 Jul 2010. Subsequently, there was turmoil in United Kingdom (“UK”) gilts and currency as UK government led by Prime Minister Liz Truss unveiled a (surprisingly) GBP45b plan to reduce taxes (click HERE for more information). Although CD may see some near-term price weakness, at Friday’s close of $1.32 (CD touched an intraday low $1.29 at the point of writing this), I personally believe most of the negatives may have already been priced in. Why am I […]

City Dev falls nine out of ten sessions; near Mar 2020 low amid oversold RSI (2 Nov 2020)

el15

Dear all, Since 19 Oct 2020, City Dev has fallen nine out of ten sessions with a cumulative drop of 20%. City Dev closed at $6.20. Let’s take a look why this City Dev has slumped and why it has caught my attention.   Reasons why City Dev has underperformed The below list of likely reasons is not exhaustive. It is just based on my personal view what may have caused City Dev’s underperformance. 1) Concerns over how much support is required by Sincere Property Group Concerns over how much support is required by Sincere Property Group (“Sincere”) flare up […]

Trading is easy, isn’t it? [4 Dec 2016] (Part 2)

el15

In my previous article “Trading is easy, isn’t it? [20 Nov 16] (Part 1) click HERE”, I have discussed the importance of one’s psychology in trading. However, I have only given a general outline on risk management and trading system which are also very important topics. In this article, I will elaborate on risk management compiled from various trading books and will add in my thoughts under “–>”.   Risk management – What it ACTUALLY means… Risk management is a set of pre-defined guidelines which serious traders adhere so as to survive in the market over the long term. Risk […]