From 2001 to 2023, there is a 0.74 correlation between the revenue of Poh Kong and the price of gold. This meant that about half of the changes in Poh Kong’s revenue can be explained by changes in the price of gold. Gold prices have been on an uptrend over the past couple of months. I am not sure whether it will continue to go up further. But I am sure that Poh Kong will have better business results in the short term to mid-term. The interesting thing is that from a short term (6 months) perspective, there were more than 80% correlation between Poh Kong share price and gold prices during p ..read more

Despite the Interest rate remains higher for longer, UH REIT is one of the very few, if not the only REIT got higher property value, and this is due to trends like: Historically low new retail development New store openings outpacing store closings Post Pandemic Lifestyle: Shift toward first ring suburbs in US The physical store is now a last-mile logistics hub for e-commerce, fulfillment & distribution Trends that shift from shopping mall to Open-Air Grocery Anchored Centers Higher trip frequency driven by necessities learn more about the data at the WSJ news: Strip Malls A ..read more

Silver is now back to $30 resistance and is still 45% off their all-time high of $50. So is Silver able to break through and retest their $50 mark? Gold has already tested new highs. Gold Silver ratio is now at 86 which is near the higher end of their range.  We are positive on the prospect of Silver given it has been on supply deficits over the past few years. Moreover, coupled with potential demand from the investment side, it should bode well for this asset class. Click Here for the Full Article: https://thebigfatwhale.com/is-silver-goi...50-target ..read more

As a value investor, I have been told not to watch prices daily. But given the general upbeat, you may miss the opportunity if you do not do this. Take Ternium as an example Ternium and its subsidiaries manufacture, process, and sell various steel products mainly in South America. This is cyclical company that is fundamentally sound. It doubled its revenue over the past 12 years through organic growth and acquisitions. It achieved a growing ROE with corresponding improvements in operating efficiencies. When I last valued it a couple of weeks ago, there was a margin of safety. But prices ha ..read more

Experience the anticipation surrounding the upcoming Emerald of Katong condo, a brand new residential development situated in the vibrant locale of Jalan Tembusu, within Singapore's esteemed District 15. Boasting an impressive offering of approximately 825 residential units, this project is meticulously crafted by Sim Lian Group Ltd., ensuring quality and reliability. To gain exclusive insights into this exciting development, viewing of showflats is available strictly by appointment. Secure your spot now to explore the showflat firsthand and stay informed about crucial details such as the offi ..read more

Winking Studios, IPO-ed on Catalist in Nov2023, raising net proceeds of ~5mil. Now just 4 months later, it is doing a placement that is a few times larger to raise net proceeds of ~24mil. The natural question would be Why didn't it raise a bigger amount earlier? This is especially so, as the substantial/controlling shareholder Acer Group added more shares together with public OPMIs during the Nov2023 IPO. And in the current fund raising exercise, it is raising new equity at prices ~25% higher than IPO which will also be fully covered by Acer Group. PROPOSED PLACEMENT OF UP TO 108,000,000 NE ..read more

Jansen House, located at 25 Jansen Road in Singapore's District 19, is an exciting new residential development. Comprising approximately 21 units ranging from 2 to 4 bedrooms, this project is brought to you by Mequity GS Pte Ltd. Showflat viewings are available strictly by appointment only. Register your interest now to gain access to the showflat and receive updates on the launch date, e-brochure, pricing, floor plans, and exclusive discounts. Explore more new property launches at Singapore Property ..read more

Some times companies look for new ventures because the existing ones are not able to scale up. But new venture use up funds. Take the case of Protasco.  The company has reported 11 business segments even though the revenue for 2023 was only about 1 RM billion. You may be forgiven for wondering whether management is just trying many things to see what works. When you look at the chart, you can see that only one segment is driving revenue and earnings. It suggests that management is trying luck to see what else they can do. The worse part is that several of its historical ventures have ..read more

Park Hill Condo presents an exciting addition to Bukit Timah Link, situated in Singapore's District 21. Comprising approximately 250 residential units, this upcoming project is spearheaded by Bukit Sembawang Estates. Showflat viewings are available strictly by appointment. Register your interest now to access exclusive updates, including launch dates, e-brochures, pricing, floor plans, and special discounts. Explore more new property launches at Singapore Property ..read more

The Residences at W represent a fresh addition to Sentosa Cove, situated along Ocean Way in Singapore's District 04. This forthcoming project is set to feature approximately 228 residential units, ranging from 2 to 4 bedrooms as well as luxurious penthouses. Developed by CDL Group, this upscale development promises sophistication and comfort in every aspect. Showflat viewings are available strictly by appointment only. Register your interest now to gain access to the showflat and receive updates on launch dates, e-brochures, pricing, floor plans, and exclusive discounts. For further new proper ..read more