KT Wealth

It has been a while since I last pen out my thoughts about companies as I have been busy with my coaching work. Today, I will like to put out my 2 cents thoughts on “The Hour Glass” Financials aside (I am sure there are bloggers who provide deep insights into the numbers), I will like to concentre on the advantages and risks of The Hour Glass. Things have changed after their horrendous investment in Gems TV Holdings that results in impairment loss of $14.1 million (FY2009, the Group posted a 57% drop in NPAT) Please note that below is my personal observation only. First of all, allow me to introduce the business of The Hour Glass: Extracted from their corporate website – “Established since 1979, The Hour Glass is the most geographically diverse, multi-brand specialist luxury watch retailer in the region, representing a stable of over 50 brands across 23 boutiques in eight cities throughout the Asia Pacific.” You can refer to further details on the brand of watches such as ...

I plan to start a new series on property, aiming to give key pointers of the property landscape, local and overseas. There are many benefits on property investment such as: (a) Hedge against inflation (b) Let money work harder for you (c) Preovides a pssive income (hopefully for our retirement years!) (d) Earn profit from capital gains when we sell our properties (e) Leaves a legacy for our loved ones Information is based on my personal research. Please do consult your agent for further details as each individual profile is vastly different. Before I get started, I will like to update my portfolio status first. I sold the following and locked in marginal capital gains weeks ago: - Sold ARA - Sold SIA Engineering - Sold Ho Bee I will be on the look out for market opportunities. Today, I will touch on "5 key points to think when buying foreign properties" If we read our local papers, to name a few, we will notice overseas real project launches from Australia, United Kingdom, Ne...

I will like to sincerely wish all my faithful readers a "Happy & Prosperous Lunar New Year". ~~~~~~~~~ GONG XI FA CAI !!! ~~~~~~~~~~~~ Late last year and into early 2012, I bought and sold the following shares: 1) Sold Noble Group 2) Sold AIMS AMP REIT 3) Bought SIA Engineering 4) Bought Keppel Telecommunications & Transport On my objective to grow my dividend portfolio, I have decided to reduce my exposure to REITS, recycled my capital and divested to SIA Engineering - the possibility of the local manufacturing sector to slow this year, the weak rental climate of industrial properties and the current uncertainty of Singapore economic situation. The positive results of AIMS AMP REIT drove the price up, helped me made a decision to sell AIMS AMP REIT and forgo the quarterly dividend of 2.6 cents per share. After selling, I still managed to acquire considerable dividends earned in the past few years. Net-net amount is profitable. Should the price of AIMS AMP REIT falls ...

Merry Xmas to all my readers! It's the end of 2011 and a new 2012 awaits us. Looking back, I must say it has been a fruitful investment journey for me, primarily of 2 main reasons: Passive income from dividends I have reached my intended objective in regards to my monthly dividend. The rewards of buying into income-producing assets and earn extra money in bearish times. Build my dividend portfolio early via accumulation of shares, getting into a mix of companies & Reits that pay you quarterly, semi-annually and once per year. Cycle forecast I learnt that the planned cycle forecast may not be what I expect, in fact far off the mark. There should be a buffer in between based on historic data, discounted off the high and low over the past 3-5 years. Obviously, there will be some assumption involved when comes to hypothesis but the target price to sell could be adjusted when signs of trouble are brewing - one needs to be sensitive, talk to more people in the industries apart from b...

I have added on shares of Noble Group & Ho Bee to my portfolio. Acquired Noble Group when share price was battered down heavily due to the resignation of CEO Ricardo Leiman and the company first quarterly loss in 14 years. Buy when there is fear and sell when there is greed! Altough we are facing the eurozone crisis and China risk of default in loans, I am not sure how markets will react to Noble Group in the short-mid term. But I am prepared to average down when Noble Group is priced near to $1 per share. After all, commodities is cyclical and there will be a time the cycle moves upwards. We can review past historic movement from the available commodity indices. On the other hand, I purchased shares of Ho Bee due to 3 key reasons: 1. Attractive Valuation P/E is 2.87x using today's last done price of 1.25. P/B is 0.56x @ NAV 2.22 per share. NAV was increasing in the past 5 years but Mr. Market is not rewarding the business. Comparing peers and past historic P/E plus the fact t...

Year end is approaching. In a blink of an eye, we will welcome 2012. New resolutions with new targets. The question is, which sector/s should I concentrate next? Hence, I decide to consolidate the top 5 trends in Asia (as a snapshot) based on my personal opinion and forecasts. * All investments contain a level of uncertainty and carry specific risks. Please seek your licensed Financial Consultant first before making your decisions. 1. Healthcare As we know, in the past months, we have seen several acquisitions such as Thomson Medical Centre bought over by Mr. Peter Lim and Khazanah Nasional Bhd took Parkway Holdings private. In addition, Fortis Healthcare plans to be a dominant player in Asia. Companies are expanding and capturing market shares in the region. Indeed, with better living standards and rising life expectancy across Asia, there is a demand for higher quality healthcare - a possibility where the need outstrips supply. The wealth of the Chinese & Indonesians are fast inc...

Last Friday, I divested GRP (I may buy in again) and bought shares of ARA Asset Management with a longer time horizon. At the moment, ARA Asset Management is trading to new one year low with P/E 15x. For me, I am planning to buy in batches and average down should the price of ARA Asset Management becomes more attractive. About ARA ARA Asset Management is an Asian real estate fund management company focusing mainly on the management of REITS and private real estate funds. ARA currently manages REITS listed in Singapore, Malaysia, and Hong Kong with a diversified portfolio of retail, office, industrial and logistics; private funds investing in real estate and real estate securities in Asia. Here are quick 5 pointers why I chose ARA Asset Management: 1) Growth of Asian REITS According to industry chamber Assocham, Asian REITS currently accounts for 10.6% of global REITS and expected to grow to US$500 billion in 8-10 years time, a projected figure of USS$100m billion from 2010. Majority o...