Ernest Lim's investing blog

Unique insights into SGX small caps

Author: el15

UnUsUaL Limited – Potential removal of share overhang & Andy Lau’s concert may propel the share price (25 Jul 24)

el15

Dear all, UnUsUaL Limited (UnUsUaL) recently caught my attention due to a) It has slumped approximately 29% from $0.170 on 30 May to touch $0.120 on 16 – 17 Jul; b) Married deals of 19.0m shares transacted at $0.120 on 19 Jul and 1.6m shares at $0.125 on 22 Jul; c) Andy Lau is reportedly going to sing in Singapore. For the above point c), UnUsUaL announced yesterday on their Facebook (click HERE) that Andy Lau will be coming to Singapore for four nights from 10 – 13 Oct at Singapore Indoor Stadium. Given the above developments, it may arguably […]

SingPost – Likely strong earnings growth this financial year! (30 Jun 24)

el15

Dear all Singapore Post Limited (SingPost) is one of CGSI’s three value picks with re-rating potential in their Singapore Strategy report dated 8 May 2024. I have the privilege of meeting SingPost Group CFO, Mr Vincent Yik this month which I have shared with my LinkedIn (click HERE). It is interesting that SingPost has formed a potential bullish hammer on 28 June with a one-month high volume. SingPost closed at $0.430 on 28 Jun 2024. Why is SingPost interesting? I have summarised my readings from SGX announcements, analyst reports and my 1-1 interaction with Vincent in this article. Some key […]

ISOTeam – Recovery ahead! (23 Jun 24)

el15

Dear all Since Mr Lawrence Wong took over as Prime Minister on 15 May, rumours are rife that an election is imminent, perhaps as early as Sep 2024. ISOTeam comes to my mind as it is typically a beneficiary, especially before and after election.   What does ISOTeam do? Founded in 1998 and listed on Catalist of the SGX on 12 July 2013, ISOTeam Ltd. is an established and eco-conscious player in Singapore’s building, maintenance and estate upgrading industry with more than 20 years of Repairs & Redecoration (R&R) and Addition & Alteration (A&A) experience. ISOTeam has successfully undertaken more […]

Frasers Property Limited – large market cap stock trading at rock bottom valuations! (16 Jun 24)

el15

Dear all The past few weeks have been extremely busy from MSCI index rebalancing (where there are lots of opportunities to capitalise on); to 1-1 meetings and a site visit in Myanmar. This is why I have not been posting posts on my Linkedin (click HERE for my Linkedin) and only one article on my blog since 6 May 2024.  While doing my usual stock screening of SGX listed stocks, I found out that Frasers Property Limited (FPL) has the lowest valuation at 0.3x P/BV, while being one of the largest market capitalisation stocks listed on SGX. FPL closed at […]

Yoma has breached its two-year downtrend line with volume expansion (2 Jun 24)

el15

Dear all, Among the numerous write-ups which I regularly sent to my clients; I have previously done a short write-up on Yoma Strategic Holdings Ltd on 23 Apr 2024. It traded between $0.040 – 0.042 on 23 Apr and closed at $0.041. A multi-year low (at least 13 years low) price was reached on 19 Apr and 22 Apr. I have actually informed some active clients who trade small cap stocks to take a look on 19 Apr. Since 23 Apr, Yoma has seen stellar performance in its share price by rising 137% from $0.041 to touch an intra-day high […]

Indices have rallied since my last writeup; CSE Global may be interesting (5 May 24)

el15

Dear all, Per my writeup (click HERE) which I published on 21 Apr (Sunday), I pointed out that based on 19 Apr closing prices, the market is starting to look attractive with various SGX listed stocks presenting favourable risk reward set-ups with a medium-term horizon. It is noteworthy that both S&P500 and Hang Seng notched their approximate two-month intraday lows on 19 Apr and have since rebounded from there. Hang Seng was the star performer in the past couple of weeks and clocked a 13.9% rally or 2,252 points increase. It is gratifying to see that Capitaland Investment (CLI) which […]

STI & S&P500 fall 2.2% and 5.2% since 9 Apr – Some stocks e.g. Capitaland Investment hit lows with favourable risk reward (21 Apr 24)

el15

Dear all It has been a while since I last published a post on my blog. I have been extremely busy with clients, trades and appointments, especially with 1-1 meetings with C suite management of listed companies. Readers can refer to my Linkedin HERE to see my activities and which companies I have met on a 1-1 basis. Based on Table 1 below, since 9 Apr, STI has fallen 71 points or 2.2% from an intraday high of 3,248 to close 3,177 on 19 Apr. S&P500 has fallen 258 points or 5.2% in seven out of eight days to close […]

Seatrium – scope for an up-move towards its Investor Day on 15 Mar (29 Feb 24)

el15

Dear all The past week is filled with numerous earning calls and meetings. This article is written on 29 Feb with all data correct as of 29 Feb. In the interests of time, I decide to publish this article on my blog as per what I wrote to my clients on 29 Feb. Seatrium has fallen 15% from $0.104 on 21 Feb to trade $0.088. It reported results on 26 Feb morning. Given current low price and the upcoming investor day on 15 Mar, Seatrium seems to be an interesting stock worth a closer look. I have summarised the basis […]

Alert! Capitaland Investment trades at an all-time low $2.75, ahead of its results on 28 Feb (26 Feb 24)

el15

Dear all Just wish to alert that Capitaland Investment (CLI) is trading at an all-time low since its move to privatise its development arm and spin off its fund-management and property-investment business (refer to Business Times’ link HERE). As I am writing this article, CLI has tumbled approximately 14% from $3.19 on 2 Jan 2024 to trade $2.75 today. If it closes at $2.75 today, it will be an all-time low closing price. The recent decline is accompanied with above average volume. Although such price action is not ideal, I wish to discuss a few points below on why I […]

Alert! Seatrium is testing an important resistance turned support area $0.087-0.088 – May be poised for a bounce (13 Feb 24)

el15

Dear all Just wish to alert on Seatrium’s chart development which may be noteworthy. Seatrium has tumbled approximately 26% from $0.120 on 2 Jan 2024 to $0.089 today. In fact, the sell-off has accelerated in the past ten trading days. Since 29 Jan, Seatrium has slid approximately 18% from $0.108 to $0.089 today. This 18% decline is accompanied with above average volume. Although such price action is not ideal, I wish to point out a few points. a) Crucial resistance-turned-support area $0.087-0.088 likely will hold Based on Chart 1 below, Seatrium is now testing a crucial resistance-turned-support area $0.087-0.088. Recall […]