Ernest Lim's investing blog

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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 […]

Koda – Clear beneficiary of the surge in home furnishing spending trend (1 Jun 21)

el15

Since 20 Aug 2020, Avarga has more than doubled from $0.146 to close $0.305 on 1 Jun 2021. Avarga’s strength is likely attributed to its 69.7% stake in Taiga (Taiga is Canada’s largest wholesale distributor of building materials, such as lumber, panels, doors, engineered wood, roofing and others). Taiga’s business has been flourishing due to the strength in home furnishings and the housing market in Canada and US. By extension, Koda may be another proxy to benefit from the surge in home furnishing spending trend. It is noteworthy that Koda is an Original Design Manufacturer / Original Equipment Manufacturer to […]

CSE Global – record results underpinned by buoyant orderbooks (1 Sep 2010)

el15

CSE Global (“CSE”) is a leading systems integrator with an international presence spanning Americas, Asia Pacific, Europe, Africa and the Middle East. It specializes in delivering process control systems; turnkey telecommunication network solutions; integrated Clinical Information System and intelligent transport solutions. It has a diversified portfolio of blue chip clients in the energy, chemical/petrochemical, utilities, financial and public sectors like transport authorities, amongst others CSE derived the bulk of its revenue from the oil and gas industry. In fact, 66% of its 2QFY10 revenue (amounting to S$73.0m) was derived from the oil and gas sector. The next largest sector was […]