Uncategorized

Sing Medical trades near one year low despite a 70% jump in 1HFY18 net profit! (3 Oct 2018)

Sing Medical trades near one year low despite a 70% jump in 1HFY18 net profit! (3 Oct 2018) 736 530 Ernest Lim's Investing Blog

This week, Sing Medical (“SMG”) caught my attention. SMG has dropped 39% from $0.725 on 18 Jul 2017 to trade $0.440 on 3 Oct 2018. My personal guess is part…

read more

Best World – potential bullish double bottom formation in the making? (19 Sep 18)

Best World – potential bullish double bottom formation in the making? (19 Sep 18) 1474 730 Ernest Lim's Investing Blog

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%…

read more

S&P500, Nasdaq and Russell 2000 hit records, time to switch to underperforming markets? (24 Aug 18)

S&P500, Nasdaq and Russell 2000 hit records, time to switch to underperforming markets? (24 Aug 18) 954 607 Ernest Lim's Investing Blog

Dear all, S&P500, Nasdaq and Russell 2000 hit records last Friday with S&P500 closing at 2,875. However, our STI has dropped 11.8% after hitting a decade high of 3,642 on…

read more

Yangzijiang – 2nd worst performing STI stock with -40% YTD (6 Aug 2018)

Yangzijiang – 2nd worst performing STI stock with -40% YTD (6 Aug 2018) 736 530 Ernest Lim's Investing Blog

Yangzijiang (“YZJ”) has been the 2nd worst performing STI stock with -40% year to date (“YTD”) return based on the closing price of $0.880 on 6 Aug 2018 (click HERE).…

read more

Winners, Losers, Opportunities – How does the latest Property Cooling Measures affect you? (Guest Post,12 Jul 18)

Winners, Losers, Opportunities – How does the latest Property Cooling Measures affect you? (Guest Post,12 Jul 18) 1536 1113 Ernest Lim's Investing Blog

The sudden Singapore property market cooling measures on 5th July 2018 had shocked the market as no one was expecting this measures. Many panicked causing a knee-jerk reaction which caused…

read more

Moya’s major shareholders raise stake (13 Jul 2018)

Moya’s major shareholders raise stake (13 Jul 2018) 775 111 Ernest Lim's Investing Blog

On 6 Jul and 9 Jul, there were separate announcements on SGX that Tamaris Infrastructure (Salim controlled vehicle and major shareholder) and Gateway have raised their stake in Moya. What…

read more

Singtel hits multi-year low and all time oversold since 2000! (3 Jul 2018)

Singtel hits multi-year low and all time oversold since 2000! (3 Jul 2018) 1920 1030 Ernest Lim's Investing Blog

Singtel closed -$0.03 to $3.02, the lowest close since Jun 2012. Based on Bloomberg, it is trading at approximately 5.9% estimated div yield. Ave analyst target is around $3.92. Hence…

read more

EC World Reit – potential strong growth ahead (29 Jun 18)

EC World Reit – potential strong growth ahead (29 Jun 18) 1920 1030 Ernest Lim's Investing Blog

Dear all, Reits are clearly not in our investors’ favour as evidenced by the 10.2% fall in FTSE Reit index (FSTAS8670.IN), which closed 786 on 29 Jun 2018, after hitting…

read more

STI – down 9.4% since 2 May. Correction coming, or buying opportunity? (19 Jun 18)

STI – down 9.4% since 2 May. Correction coming, or buying opportunity? (19 Jun 18) 1474 729 Ernest Lim's Investing Blog

With reference to my market outlook HERE posted on 11 May 2018, I mentioned at that time that I  have started to sell into strength, as I am cautious on…

read more

STI slumps 198 points after hitting a decade high of 3,642 on 2 May! (30 May 18)

STI slumps 198 points after hitting a decade high of 3,642 on 2 May! (30 May 18) 1569 231 Ernest Lim's Investing Blog

With reference to my market outlook HERE posted on 11 May 2018, I mentioned at that time that I have started to sell into strength, as I am cautious on…

read more