FT Past weekends: https://drive.google.com/file/d/1vqTvzVKXjo...iew?usp=sharing

FT Today: https://drive.google.com/file/d/1NJxJTunq-p...iew?usp=sharing

How to do it?

sorry can't recall exactly as I have no interest in this area.

I remember under watchlists... there's some precooked screener... and you can also diy with own criteria

Hi Sifu TOS ,

Would like to ask you why you like MSFT , AAPL and don't like GOOG business model? How do you dissect them in detail? Need to learn more from you.
Appreciate your kind sharing.

OK found for you...

when you diy your own stock screener... got 2 sub criteria you can pick...

next div date above ???
next div date below ???

Wow my status upgraded already

No lah, I am just an intermediary who transfers information from newspapers to this forum. Not really anywhere near dwRK or Ramjade's level. They are the real gurus.

As for why I like MSFT and AAPL but not GOOG. It's just my own view. You can come up with yours after studying the companies' financial statements (10-K, 10-Q etc. ) and read some newspapers too.

MSFT has a monopoly in the OS world and office suites/productivity tools and they can keep acquiring competitors or smaller firm to retain their positions. Their next breakthrough would be gaming (Xbox pass, hailed as the "Netflix" of gaming for its subscription model). (I would like to see them take down Sony and Tencent.) MSFT also has a fast growing cloud computing business, which is also highly profitable. Another thing that sets MSFT apart from other Big Tech is it's mainly a software firm, so the overhead cost is very low and they have little issues with say WFH. They can also pay very little tax by booking their profits in tax heavens (artificially inflating their prices there while lowering the prices in major markets) and/or play around with intangible capital allowance tax incentives.

For AAPL, the software side is the same as MSFT, with their iOS, App Store, iTunes, Apple TV etc. For hardware side I value their chip designers. AAPL has some of the best chip designers in the world, a key asset. Its closed i-ecosystem can keep the preying eyes of competitors out of it for as long as it likes, as long as people buy into its products' design and philosophy. AAPL used to be a high-end product, but has expanded its ecosystem to the mid-class smartphone segment in recent years to capture market share, and hence profit.

GOOG mainly relies on ads to survive. More than 90% of GOOG revenue/profit comes from advertisement, so they essentially rely on a monopoly in platform to sustain themselves. But platform, unless it's closed like AAPL's, is subject to competition with people immitating your model. This is what happened to FB with TikTok coming in and take away users' screen time. Advertisers are realistic animals. Once no one use your platform, they shift and move away. Cut-throat business to maintain a platform. GOOG made its ad money out of google search results, Youtube and Play Store apps. Youtube can see potential challenges from TikTok if they extend their video length. GOOG search engine ads and Play store ads revenue are rather stable for now, but to grab user's attention you need to pay for it. GOOG pays a lot to maintain Google as the default search engine on AAPL's devices, as you can read here:

https://www.wsj.com/articles/the-apple-goog...share_permalink

Just Google (no pun intended) "Google-Apple search deal" and you can find infos online. These costs are known as "traffic-acquisition cost" and are the subject of antitrust regulations back in 2020.

AAPL and MSFT don't rely on ads (and hence less need to maintain their platform) as their main revenue stream, and many of their incomes are recurrent in nature especially for MSFT, like Xbox pass and Office 365 for MSFT and iTunes/Apple TV subscription for AAPL. I personally favour these types of businesses, but it's just me.

This post has been edited by TOS: Apr 11 2022, 07:51 PM

Come I answer you.
I am not a fan of apple and don't intend to even buy their stock.
If you do fundamental analysis, they are too concentrated on iPhone Vs Microsoft.

I am a big fan of both Microsoft and Google. I am invested in Google (only 1 share and I want to increase it to 5 shares before the split so that I can do covered call on it).

Msft
Azure
Office
Gaming division
Good CEO.
Look at their net margins!!!
Look at cost of revenue!!!

Google
They are king of advertising.
Unbeatable moat for now in advertising space.for 20 years+?
Super cheap now Vs other faang stocks.
Google cloud going to be profitable soon.
Good CEO
Look at their net margins!!!
Look at cost of revenue!!!

More info watch and sub to this guy channel. He talks fanng stocks only. Nothing else.
https://youtube.com/c/TheInvestorChannel

I learned to appreciate Microsoft, Google, adobe from him actually. Watch his videos on the earnings of Microsoft and Google. He can teach you better than I can tell you why.

This post has been edited by Ramjade: Apr 12 2022, 07:25 AM

Indeed. Would be better if they can diversify their revenue stream to other software and hardware products. Was told not along ago they are planning to start offerring subscription service for iPhone itself.

For those who are concerned:

This post has been edited by Hoshiyuu: Apr 12 2022, 02:08 AM

"withholding" law does not cover estate $$$... is left to individuals to pay up... and also up to uncle Sam to come after you if you don't...

cannot deviate too much from core strength... otherwise gg

timing is important too... remember Newton? there's also digital camera, TV, console... diversified n failled...

Now I know where AAPL offices are in SG.

If I understand correctly Apple books its Asia Pacific sales, revenue, and profits via SG to save on taxes.

FT 120422: https://drive.google.com/file/d/1_B6G2Q4GNa...iew?usp=sharing

This post has been edited by TOS: Apr 12 2022, 05:05 PM

lol which Newton? Never heard of such a company before. I know Nikon and Kodak...

these were all apple products... lol... I so want to buy the newton last time...

go search failed apple products...

Ah this one. Ok

Probably this question has been asked before. [IBKR charges $0 inactivity fee and $0.35 per transaction under Tiered]. So my question,

1) What's the sweet spot amount for DCA using IBKR on per Week/Month/Quarter.
2) Will you forgo the saving interest and parked lumpsum money in IBKR just to skim on the $2 conversion (if using CIMB SG with a plan to deposit every 3 months and then DCA accordingly every month).

This post has been edited by Lon3Rang3r00: Apr 12 2022, 10:00 PM

FT 130422: https://drive.google.com/file/d/1rvWYRJSAiz...iew?usp=sharing

New arrivals in my library today (published in 2021), very relevant to your question:





I have the PDF softcopy (you can find it online too), can't share here due to copyrights reason. (PM if you need it for self-reading.)

Written by a former Goldman Sachs and Morgan Stanley investment-banker-turn-professor at Columbia Business School, the book introduces "platform economics" and dissect the business models of FAANG and Microsoft (light touch).

Hope you find it interesting.

This post has been edited by TOS: Apr 13 2022, 11:25 PM

Anyone here manage to transfer vested RSU shares to IBK? I have some RSU shares in Fidelity stock plan service account, I'm not sure whether or not it can transfer to IBK

acats/dtcc