Since venturing into the options world and posting this part of the series into my monthly portfolio update, I've received quite a few emails from readers asking me the strategy I have used for my positions. Now, before we start, I must do warn that options are a derivative tool which can be complicated and dangerous if you are not careful about it. There are plenty of risk management lessons to learn about options which I might do in a separate article because they are just so important. Personally, I have undertook quite a few strategies with options play depending on the type and exposure ..read more

I was walking past my favorite fast food chain today when I remembered reading a news a few days ago that several fast food chains in the US -  namely Chipotle Mexican Grill, McDonald and Burger King have decided to raise prices for their products across their menus due to rising raw material and labor costs. U.S Consumer Price Index (CPI), which represents a basket including food, energy, groceries, housing and sales across a spectrum of goods, rose 5% year on year in May. This represents their fastest pace of increase in nearly 13 years. The last CPI gain which was above 5% was dated ba ..read more

In my last portfolio update, I revealed a position in HUYA Inc. (NYSE: HUYA) which I recently undertook. I had a long position in the company at a purchase price of USD 14.88. I was a little skeptical at first given the uncertainty of the Chinese strict regulation and a lot of the Chinese companies have been impacted negatively in the past few months. However, upon further deep dive into the company and its prospectus, I decided to put faith in my decision. Based on the price action alone in the past 5 years, this does not look anywhere near justice. In fact, it looks like a company ..read more

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % Category 1. Alibaba        300 US$213      84,350.00 23.0% Growth 2. Lendlease Reit   85,000 S$0.79      67,150.00 17.0% Dividend 3. JD        300 US$72.7      29,000.00 8.0% Growth 4. Ping An      2000 HK$81.3      28,400.00 8.0% Matured 5. H ..read more

Since its discovery, gold has been used for ages as an efficient means to preserve wealth. However, in recent years, it has been sought after by most investors for several reasons. One major argument is that its desirability in the market doesn’t decline.  It’s because unlike other speculative financial investments, whose worth has gradually decreased over time, this precious metal still holds its high value. In fact, the cost of gold has continually increased over the years. Among other factors, its scarcity and ever-increasing demand are some of the reasons its prices keep going up.&nb ..read more

In my previous article, I wrote a piece on AMD which looks like for the most part largely dominant in the competition of chips design in the CPUs space against Intel and GPUs against Nvidia. One thing about investing in a growth company that you have to be comfortable at as an investor is the market will be pricing in premium expanded valuation to the company and at some point the growth will taper and that expanded valuation will have to come down quickly. Bluntly said, the market is pricing in a perfection and any risk that might deter the projected growth progress would send the company's s ..read more

Advanced Micro Devices (Nasdaq: AMD) is one of the semi-conductor companies which saw a strong surge run in 2020, gaining close to 100% return in that year alone. In fact, if we take a look at the semi-conductor company closer, we can see that the secular growth has started its run from as early as in 2018, where the company gains 79.6% and then a further 148.1% in 2019. The unprecedented Covid-19 situation we have right now accelerates the demand we have towards particular sectors such as gaming and Internet of Things (IOT) - which begs for faster and more efficient chips processor to accommo ..read more

As a trader, we often hear market professionals emphasize the importance of "discipline" to indicate trading strategies that helps to minimize heuristic factors such as behavioral influences and emotional decisions. While these are lesson 101 that is easy in theory, it is something which is difficult to implement in practice. We tend to often engage in irrational behavior when we are put to a test that is challenging. Most traders tend to deviate from their strategies they have put in place and hold on to losses significantly longer than positions that are in the black. The psychological facto ..read more

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % Category 1. Manulife Reit 100,000 US$0.74      98,300.00 26.0% Dividend 2. Alibaba        300 US$211      84,200.00 23.0% Growth 3. Lendlease Reit   85,000 S$0.74      62,900.00 17.0% Dividend 4. JD        300 US$72.7      29,000.00 8.0% Growth 5. Ping An   ..read more

JD.com Inc. announced its first quarter results yesterday evening for FY2021 which is followed by a Q&A conference call which I attended at 7.30pm in the evening. For those of you who missed my earlier article a few weeks ago on JD, you may refer to them here. Q1 FY2021 Results Net Revenues for the first quarter of 2021 were at an impressive 39% increase year on year to RMB 203.2 billion (US$31 billion). Net service revenues for the first quarter of 2021 were at RMB 27.9 billion (US$4.3 billion), an increase of 73.1% from the first quarter of last year. Net Income attributed to ordinary sh ..read more