Total revenue was $38.17 million, an increase of 157% year-over-year. Earnings per share 1.6cts, up 321% year over year from 0.38cts. Cash holdings at $18.5m, against a market cap of $25.6m. Enterprise Value of $7.99m, Acesian Partners is trading close to EV/E x 1 Company is looking for ways to diversify and invest their cash hoard. Company Overview Acesian Partners Limited, formerly known as Linair Technologies Limited, was established in Singapore in 1998. As a versatile organization, Acesian operates as a comprehensive provider of environmental solutions and integrated services across va ..read more

When assessing investment opportunities, it’s crucial to identify companies that appear to be undervalued for a reason. One such case worth exploring is Advance Auto Parts (AAP), a prominent player in the automotive retail industry. This week, the share price of AAP fell about 35%, AAP’s current valuation suggests a cheaper investment opportunity. Q1 Financial Results The recent financial results reflect the challenges faced by AAP, with lower-than-expected net and comparable store sales growth. In the first quarter, net sales increased by 1.3% to $3.4 billion, while comparable store sales de ..read more

Just in today, a statement issued by leading names in AI, emphasizing the need to mitigate the risk of extinction from AI. The statement raises important questions about the responsibility of AI scientists and the role of governments in ensuring the safe development and deployment of AI technologies. While it may seem logical to assume that AI scientists are best positioned to prevent AI from causing harm, the reality is more complex. AI scientists, despite their expertise, recognize the need for external oversight and regulation to address potential risks. They acknowledge that unchecked comp ..read more

Artificial intelligence (AI) dominates conversations, prompting thoughts on its impact, business models, and regulatory responses. However, uncertainty looms over the outcome of this technological revolution. Interestingly, investors find themselves in the same boat. Recent surges in the stock prices of tech giants like Alphabet, Meta Platforms, and Microsoft indicate that investors are banking on the long-term potential of AI. Their hopes and perhaps a touch of faith fuel these investments. Yet, concrete evidence supporting such optimism remains scarce. Alphabet, for instance, has witnessed ..read more

Last week, I saw this on the cover of The Economist. Covers like this are very often good contrarian indicators. It is Wall Street’s worst kept secret that they are using the media to manipulate markets to enter and exit their stock positions. Our job is to sieve through the news and spot the bullshit. Jesse Stine, author of the book “Insider Buy Superstocks” also called out Goldman Sachs as the “best in the business” of market manipulation. Insider Buy Superstocks by Jesse Stine I agree with this point as I believe that every news outlet has their own agenda and we cannot take everything a ..read more

MTQ Corporation (SGX:M05) is a engineering solutions provider specializing in the oil and gas, marine, and mining industries. With a focus on providing integrated services and innovative solutions, MTQ has established itself as a trusted partner for its clients in the energy sector. Leveraging its expertise and extensive experience, MTQ Corporation offers a comprehensive range of services, including maintenance, repair, and overhaul (MRO), fabrication, and engineering solutions. The company’s commitment to excellence, customer satisfaction, and operational efficiency has positioned it as a ke ..read more

Wabash National Corporation, a leading provider of transportation equipment and solutions, has established itself as a market leader in the trailer manufacturing industry. It works through two segments: Parts and Services and Transportation Services. The company provides its products under various brands, including; Wabash, DuraPlate HD, AeroSkirt CX, DuraPlate AeroSkirt, and EcoNex. https://finance.yahoo.com/quote/WNC/ With a commitment to innovation, strong financial performance, increased earnings guidance, and a robust order book, Wabash National offers a compelling investment opportunity ..read more

Wealth /welTH/ noun: An abundance of valuable material possessions or resourcesMerriam-Webster Dictionary What comes to mind when you think of wealth? A list of America’s ten richest people? Your neighbor with the bigger house, nicer car, and mountain home in Aspen? The multimillionaire CEO of your company? The professional athlete, musician, or movie star? Sure, all of these people are, in a financial sense, “wealthy.” But money doesn’t have a monopoly on wealth. Wealth is defined as “an abundance of valuable material possessions or resources,” but nowhere in this definition is mone ..read more

What a week for the banking industry. Earlier this week,  Silvergate Capital ($SI) would be winding down operations and liquidating its underlying Silvergate Bank. That was an abrupt end for the firm which had been in business since the 1980s. However, Silvergate ran aground after its business pivot into cryptocurrencies led it to a massive withdrawal of deposits last year. Silvergate was unable to effectively plug the hole in its balance sheet leading to the bank suspending operations and shareholders seeing a near total wipeout in value. Silvergate was not a particu ..read more

The 268-unit Sceneca Residence saw 160 units (about 60%) sold at an average price of $2,072 psf. Former Realty Centre Condo expected to launch in 2Q23. The Group is set to receive recurring royalty income from the licensing of the IP Rights and operating revenue from the operation of the Shimao Tianjie Sky Screen. Overview Listed on the Mainboard of the Singapore Exchange, The Place Holdings Limited is an investment holding company with 3 core business pillars: Property development and property management activities Integrated tourism and related “new retail” businesses Media, advertising a ..read more