Ernest Lim's investing blog

Unique insights into SGX small caps

property

Chart alert! Yoma may breach $0.280 in the near term (23 Jun 2020)

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This week, Yoma catches my attention on a spike in share price, accompanied with an expansion in volume. Let’s take a look.   Chart analysis Yoma’s chart has been on a short-term uptrend since 24 Mar. ADX last trades 22.2, amid positively placed Dis, indicative of a trend. Its short term exponential moving averages (“EMA”) are rising steadily and its long term moving averages (namely 200D EMA and 200D SMA) are plateauing. Indicators such as OBV and RSI are strengthening. Volume has picked up significantly today and yesterday which may signify good odds of breaching its key resistance $0.275 – […]

Navigating Depressions and Great Recessions (Real Estate Edition, 8 May 20)

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This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond. We are currently in unprecedented times (as of writing in April 2020). Covid-19 is upon us as a global pandemic which will go down in history books as the gravest health crisis mankind ever faced in this century. Over the past few weeks, I had the fortune to converse and interview numerous Seniors (our Merdeka & Pioneer Generation) whom I knew for some time already. The wiser generation I interviewed range from […]

Why Property Investors should look at the Private Resale Condo Segment (11 April 2020)

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This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond. With the record number of new launch properties on the market in 2019 and 2020, all eyes have been on the new launch segment of the property market. Some new property buyers believe that they should buy new properties because they would be buying at the lowest price in the development, and therefore are more likely to make profits when the property obtains TOP. These same property buyers are afraid of buying […]

10 things you must know when upgrading from HDB to private (1st October 2019)

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This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond. The decision to upgrade from a HDB to a private property whether a condominium or landed property is a big decision to many, over the past few years, I have had many clients ask me for my opinions and particularly if they should upgrade. Many HDB owners upgrade because they are fearful of their HDB price being stagnant. The worst thing that can happen is a HDB owner to upgrade into a […]

How to select a good unit in a new launch property that outperforms? (17 Sep 2019)

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This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond. Over the years, I have had the opportunity to market numerous properties in different developments, some within the same developments. What I noticed was, even within the same condominium, there are units that sell within 3-4 weeks, while some took more than 3 months. There are some units that are just more desirable by most buyers. There are also some owners that managed to make significant profits while some struggled to make […]

How to select the right new launch property development? (11 Sep 2019)

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This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond. This is a follow up article from a previous article – 10 things you must know before buying a new launch property (click HERE). Some readers wrote to me after reading the article, I’m glad that the article provided good insights. Some even came to me for my opinions on what to consider when selecting a new launch. This article is for anyone who needs an un-biased view on new launch property […]

10 things you must know before buying a new launch property (26 Jul 19)

el15

This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond. In 2019, there are close to 60 new launches coming onto the market. Many of my clients and readers have been asking me which new launch I think is the good value buy. I think what is more important is to understand more about new launch properties first, before analysing which is a good buy. Source: Colliers International Research, URA / Image 1: Total # of units and new projects 2019 That […]

REC Insights Part 2 of 3: This undervalued property cluster may be the next gem (4 Jul 2019)

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This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the below for more information on Raymond. After much hesitation in publishing this article, I was persuaded by clients to share my views about the next big location to buy real estate. So much hype has been in locations like Marine Parade and Jurong. For those who are familiar with the investment logic –“be fearful when others are greedy”, I am cautious over buying properties in areas with hype. Buying a property is easy but selecting the right property is not. When […]

ISOTeam – on the verge of a bullish break from a potential double bottom formation! (21 May 2019)

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Previously, I have done a write-up (click HERE) on ISOTeam (“ISO”) after interviewing Anthony, CEO and Richard, GM on an exclusive basis in Dec 2018. I have bought in at that time and have taken profit in Jan 2019. Since Apr, I have been accumulating ISO, as its chart seems to portend a potential upside breakout after a lengthy potential double bottom formation. ISO closed at $0.230 on 21 May 2019. Let’s take a look at its investment merits and more importantly, its investment risks below.   Investment merits a) Potential bullish break from a double bottom formation Since 2017, […]

Hong Fok hits 10-year overbought level and up 12 out of 13 trading days! (19 Mar 19)

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This week, Hong Fok catches my attention this week because a) It has risen approximately 33% in 12 out of the past 13 trading days from an intraday low of $0.685 on 28 Feb 2019 to close $0.910 today. It is noteworthy the 13th day is at an unchanged level. In other words, Hong Fok has not had a down day since 28 Feb 2019; b) At $0.910, this is near its 25 Oct 2015 high of around $0.91-0.920. The previous high which is higher than $0.920 occurred in Sep 2014. I.e. Hong Fok is trading near a four plus […]