If you shy away from SGX stock now (because of those uncertainties to Singapore), that would cost you opportunities

For me, the market is way smarter. If the market thinks those news you posted will affect Singapore, you will see the stock market affected almost immediately.

The things I have learnt about stock market all these years is "never thought you are the first to read the news / info and you have the privilege to outsmart the market on those info". The market is always faster and smarter than you ! Ie. I never act like a smart alec

Of course unless you are the big crocs market movers and shakers !

Ya...don't think any stock market punters will look that far

If I am researching, the above FA is not enough to make a decision. Need to do more analysis on the followings :

1. Revenue for the last 3 years
2. Profit for the last 3 years
3. Cashflow for the last 3 years
4. Understand their business
5. Management projection/outlook of the financials
6. Current asset vs current liability
7. Borrowing / interest service
8. Company expansion plan / prospect of current and new business
9. Who are the management of the company and their background
10. Who are the major shareholders
11. Share price of the last 52 weeks and 5 years relative to their financial performance
12. PE ratio
13. Market cap
14. Daily trading volume recently
15. No. of shares in public hands
16. Dividend yield and sustainability
17. Research from brokers (if any) and if the company is under their radar

I always give the benefit of a doubt to the market. If the market doesn't see the company as attractive, it will be reflected in the price.

My quick 10 minutes glance at the above data for the company does not attract me. Do let us know about your further research and who knows you found a gem ?

Those are just basic info...

Actually most of the info are easily obtainable. You can get it from :

1. Annual report (in your link)
2. Latest quarterly report
3. Bloomberg, Yahoo finance, etc
4. Broker's research
5. Co website

Are you financial trained ? If you are, it is easier to zoom into the numbers. If you are not, then more difficult, but can learn. Of the pages and pages of financial reports, only about 5% is useful.

It is a good training by being able to do your own FA. Instead of just relying on other's recommendation. You also don't know correct or not...

The following can be obtain from :

1. Revenue for the last 3 years (annual report of last 2 years)
2. Profit for the last 3 years (annual report of last 2 years)
3. Cashflow for the last 3 years (annual report of last 2 years)
4. Understand their business (annual report, quarterly announcement, company website)
5. Management projection/outlook of the financials (annual report if recent, quarterly announcement, company announcement, company website)
6. Current asset vs current liability (annual report and quarterly announcement)
7. Borrowing / interest service (annual report and quarterly announcement)
8. Company expansion plan / prospect of current and new business (annual report, quarterly announcement, company announcement, business news, google)
9. Who are the management of the company and their background (annual report)
10. Who are the major shareholders (annual report, usually at the end of pages)
11. Share price of the last 52 weeks and 5 years relative to their financial performance (bloomberg, yahoo finance etc)
12. PE ratio (bloomberg, yahoo finance, or calculate yourself based on annual report and quarterly announcement)
13. Market cap (bloomberg, yahoo finance etc)
14. Daily trading volume recently (bloomberg, yahoo finance etc)
15. No. of shares in public hands (annual report)
16. Dividend yield and sustainability (bloomberg, yahoo finance, calculate yourself, quarterly announcement, news, google)
17. Research from brokers (if any) and if the company is under their radar (individual brokerage firms, or ask your broker on availability)

It's ok, you can learn. 2 of my children is not from finance background, but they now can analyze and find stock counters to invest

Learn the tricks of fishing. Instead of asking for fish. An old saying, but very true

I am sure many others here are willing to give guides to you too

Ya, with analysts and brokerage recommending, the stock will attract attention. And the funds will look at it. Then only have activities.

I saw Valuetronics brokerage recommendation late 2015. Only 0.3xx. I remember I put the link here. Now fly to 0.7xx. Almost 100%

This Vicplas has no brokerage and analyst attention at all. Price flat for the past 5 years. Revenue down. Business uncertain.

Maybe Ramjade is the gem spotter ?

Have been telling them how investment works since they are 12 and 7. Now in their 20s. They saw market boom and burst when they are still studying

Not all my children are interested to learn though....the other only know untie level property knowledge. Since FD interest is so low where he lives he has very little choice but property I don't force him as he can make a good living from his profession. Don't kacau me for money I am happy liao

Wah....Lii Hen, Latitude tree, VS still riding high. Some a few hundred % over the last few years

But I must say when I follow the brokerage recommendation, more often than not the companies do not perform as expected. But even if 1fly, that one will made up more than enough the under-performed companies

It's like out of 10, only 2-3 are good recommendation. The others so-so or lose money. But the 2-3 really fly and the overall gain is good

double post

This post has been edited by Showtime747: Mar 17 2017, 09:03 AM

If I may ask did you open RHB Malaysia or Singapore trading account ?

Guys, I have done a crazy thing. Over the last 2 weeks until today, I have disposed of 99% of all my holdings. Kept only a few lots of each counter in my trading account only

Don't ask me why. I don't know why

Shifting my funds into some capital guaranteed bank structured products now....lower return though...

I felt like I am crazy

Could be age catching up. LP kecut

Or preservation of current position takes precedence over growing the egg...maybe ?

I really don't know why. Just a voice or feeling inside I should take lesser risk...not a time to be hero...

Good read

Won't happen so fast. Don't act on the news or affect your short term decision.

Do keep in mind the background of the news website. The website you linked was run by people previously from the opposition party. They may have their own agenda.

But I think the threat will be there. This type of things will take time. Things won't turn bad overnight. So just keep in mind and always be observant to the news related to Singapore. May have a long term effect. But not short term like in the next 3-5 years

Diversification

As I said to you last time, investment is about risk and return (not cost ). Diversification is the way to mitigate your risk

So when your portfolio grows bigger, then you have to diversify.

Diversification is not only about country (geographic), you also diversify into asset types (property, stock, interest bearing cash/bond etc), different sector/industry, high/low risk instrument mix...etc

Don't worry too much on a piece of information. For ordinary investor like you and me, always think that the market is more clever than you. Very very rare you can outsmart the market. Even if you think Singapore will be risky with the news, but when the market doesn't think so, the market will still be ok. You can't fight market forces.

So the best is your portfolio is diversified, then you are safe in the long term. Your assets will offset each other and give you a balance return

So it is not worth to diversify. And don't worry on things which you have no control

Everyone starts small. Your time will come. Don't need to rush

The article you read does not have short term effect. Just keep the info in mind that you need to diversify when you are able to

Many younger generation have not experienced a market crash before. So they have been very optimistic about stock investment.

When you see the Dow increased from 12000 to 20000+ in just 5 years, everyone feels he is the god of investment himself. They feel making money from stock market is so easy

Same goes for KLSE where there is no crash for the last 5 years (although flat). And SGX/ASX had a brief consolidation but have since recovered.

So if a youngster who started stock investment since 5 years ago, he will be filled with optimism. He will forget that stock market is risky and bull and bear will trade places, eventually. In their mind, a crash of 30% or more is unimaginable. Imposibru

Only when one day they will find out the hard way.

My experience : only invest with the money you can lose. Don't be greedy...

A lot of negatives for ASX currently. Better look look see see first. No hurry...

I cant believe it