GiraffeValue

[JobHunter]

Hi everyone,

Not sure am I allowed to give my blog a little boost, if not please kindly destroy this thread. I don't wish to get caned or jailed because of violating the law.

It will be a little about investing in ugly little monsters

or a little about living under your means

Or just simply about reading someone who often thinks strangely

 

[Dividend Hermit]

Hi everyone,

Not sure am I allowed to give my blog a little boost, if not please kindly destroy this thread. I don't wish to get caned or jailed because of violating the law.

It will be a little about investing in ugly little monsters

or a little about living under your means

Or just simply about reading someone who often thinks strangely

Look like we have another net-net investor here
Nam Lee, Captii and PNE are what I would consider buying as well.
I used to have PNE but sold at 0.22 liao [2.5-bagger].

 

[Perisher]

I'm also hunting for low to no debt company. Will look into your recommendations.

 

[Dividends Warrior]

I'm also hunting for low to no debt company. Will look into your recommendations.

Cash-rich companies are good too.

 

[winorlose]

u r definitely going to get caned now

 

[urameshi_85]

wow seems like more and more of value investors now. we should open a new thread for us to discuss stocks with margin of safety

 

[JobHunter]

Look like we have another net-net investor here
Nam Lee, Captii and PNE are what I would consider buying as well.
I used to have PNE but sold at 0.22 liao [2.5-bagger].

Not really net-net I don't think I see any stocks that is true nets-nets stocks in SGX, just counters with strong hard asset i.e property and cash
I saw your Ho Tung investment, also a stock that I owned You have some serious concentration in your portfolio. I believe your capital is not small, just wonder are you able to sleep in peace?

 

[Dividend Hermit]

Not really net-net I don't think I see any stocks that is true nets-nets stocks in SGX, just counters with strong hard asset i.e property and cash
I saw your Ho Tung investment, also a stock that I owned You have some serious concentration in your portfolio. I believe your capital is not small, just wonder are you able to sleep in peace?

Depend on the stocks. For net-net and yield stocks, I sleep very well regardless of their percentage in the portfolio. For growth and short-term stocks, I will worry more and pay closer attention to the market news.

I classify Hotung as a yield stock. My aim is to sit back and collect the yearly dividends so I am not too concerned with the daily price fluctuations. I have been accumulating Hotung whenever I have spare cash. If the management decides to close the fund and return cash to shareholders, there is also a high possibility that the NAV will be realised.

The stock that I will worry more at the moment would be Sarine Technologies. I entered at 1.965 when it flash crashed 25% within a day due to a profit guidance. As this is a short term buy, I would be more concerned with the market sentiment as I don't intend to hold long. Previous such buys include Keppel, Sembcorp and Penguin when the oil price dropped.

 

[yourmother]

Not really net-net I don't think I see any stocks that is true nets-nets stocks in SGX, just counters with strong hard asset i.e property and cash
I saw your Ho Tung investment, also a stock that I owned You have some serious concentration in your portfolio. I believe your capital is not small, just wonder are you able to sleep in peace?

Good posts there. Just wondering what were your screen criteria for those stocks in this post?

http://www.giraffevalue.com/ugly-little-monsters/ugly_little_monsters_stocks/

I ran them through Piotroski F score and they score pretty well, all 7s except Envictus.

 

[JobHunter]

Good posts there. Just wondering what were your screen criteria for those stocks in this post?

http://www.giraffevalue.com/ugly-little-monsters/ugly_little_monsters_stocks/

I ran them through Piotroski F score and they score pretty well, all 7s except Envictus.

It's a secret!

 

[archcherub]

It's a secret!

it would be good if u can share.
is this type of screening same as what Big fat purse does in value investing? instead of stocks with potential earnings, it looks for CNAV (conservative net asset value) for value investing?

do u do it only for SGX stocks or for USA stocks as well?

 

[elisee1]

Under the ugly little monsters posts, did you manually enter the data to form those spreadsheets?

 

[wahkao3]

how u compile the data for those stocks? where is your data source?

 

[JobHunter]

Ah! I lost my thread, and I thought it was dead.

how u compile the data for those stocks? where is your data source?

Hi wahkao3

ShareInvestor, I subscribed to their service. They often have missing figures in some of the years(terrible service), even though those figure shows on the AR. Hence, I copy and paste most of the data from AR to my Excel instead of ShareInvestor.

Under the ugly little monsters posts, did you manually enter the data to form those spreadsheets?

Hi elisee1

Yup. ctrl C + ctrl V from AR to Excel, with alt + tab to toggle between pages.[I'm damn fast in data entry]

it would be good if u can share.
is this type of screening same as what Big fat purse does in value investing? instead of stocks with potential earnings, it looks for CNAV (conservative net asset value) for value investing?

do u do it only for SGX stocks or for USA stocks as well?

Hi archcherub

I was joking actually, I lost my thread
I'm trying to look for screener that can venture me out of SGX. The problem is the screening tool. Morningstar subscription allows screening for oversea markets but not SGX. And ShareInvestor only offer SGX and M'sia exchange. It is not possible for me to pay for both services, even the fee for ShareInvestor.com I find it ridiculous.

I attended BigFatPurse, it was an damn amazing experience. I learn more than I thought I would, they answered many of my questions.

And yes, very very similar to CNAV. That was the reason why I attended their course instead of the Dividend Machine, as it's more alight to my investing methodology.

The contrast would be. My discounting rate is arbitrary and theirs is a fixed rate. They go for companies that possess much much higher debt, but I prefer low to no debt. They have no preference on div, but I have. At least 3% over past 3 years.

Good posts there. Just wondering what were your screen criteria for those stocks in this post?

http://www.giraffevalue.com/ugly-lit...nsters_stocks/

I ran them through Piotroski F score and they score pretty well, all 7s except Envictus.


Hi yourmother

Sorry for the late late reply.

My screening criteria has always been a simple one. <0.95 PtB(usually as low as possible), low PE(Just play around with numbers) and Div yield >=3% over 3 years.



www.GiraffeValue.com

 

[NiteX2]

Was reading thru your post on PM Data (Not distribution, they have been looking to exit this business bit by bit over the last few years now ). Is the introduction and ending supposed to be linked to the stock? Cos I can't make the link lol.

Anyway, it is a cash-flushed company with almost 10c/share in cash. And management insisted on not increasing the value of the investment property under the balance sheet even though they did the annual valuation of the property.

Company as a whole provides great value for investors. The only thing of concern to me is whether they are able to grow their revenue sufficiently over the long term when they finally rid themselves of their distribution biz. So far, the main business is contributing just about enough to cover the yearly dividend. All in all, im looking forward to its report next month! (supposed to be better since the refurbishment of the old rented building was all done and returned last year so cashflow should be stronger at least for the property portion)

 

[TiOnGSquare]

bookmarked.....

















your blog

 

[Apothecary]

Nice portfolio you have. A large number of them pays fairly decent yield. Patience is the key to growing this portfolio.

 

[JobHunter]

Was reading thru your post on PM Data (Not distribution, they have been looking to exit this business bit by bit over the last few years now ). Is the introduction and ending supposed to be linked to the stock? Cos I can't make the link lol.

Anyway, it is a cash-flushed company with almost 10c/share in cash. And management insisted on not increasing the value of the investment property under the balance sheet even though they did the annual valuation of the property.

Company as a whole provides great value for investors. The only thing of concern to me is whether they are able to grow their revenue sufficiently over the long term when they finally rid themselves of their distribution biz. So far, the main business is contributing just about enough to cover the yearly dividend. All in all, im looking forward to its report next month! (supposed to be better since the refurbishment of the old rented building was all done and returned last year so cashflow should be stronger at least for the property portion)

Haha thanks for reading, it's not suppose to be linked to the stocks. I'm not so concern about their profit-making ability, so long the stock has good hard asset, great cash reserve and no/low debt trading at bargain price, I'm in. BTW I'm not vested at the moment waiting for my next paycheck

Apothecary Nice portfolio you have. A large number of them pays fairly decent yield. Patience is the key to growing this portfolio.

Yes, I've done my best to put it in action on all the knowledge that I have accumulated via reading articles, blogs, books & whitepapers. At the moment I just keep focusing on getting the "big actions" right, and hopefully the effort will reward itself.


www.GiraffeValue.com • Negative EV Stocks!

 

[backsight]

wow seems like more and more of value investors now. we should open a new thread for us to discuss stocks with margin of safety

what is "value"? how to know if value is good?

 

[JobHunter]

speaking of Hotung...

why not global investments instead?

Hotung is more of a VC, but GIL is a diverse fund... also trading a large discount to NAV (30%)

the dividend yield is also pretty high at 10%

Global investments - Used to be one of my watchlist, in the end decided not to.
- It has the habit of right issue
- Invest in derivative that I don't understand.
- The div. yield is quite attractive I must say, but all in all. I find this stock risky.