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Stocks Discussion

Investments

Wallace Chai
Wallace Chai
Level 8. Wizard
Answered 9m ago
Company already delisted.

Investments

Stocks Discussion

Wallace Chai
Wallace Chai
Level 8. Wizard
Answered 10m ago
Not sure if this company still listed.

Stocks Discussion

Wallace Chai
Wallace Chai
Level 8. Wizard
Answered 15m ago
GRP Limited, an investment holding company, engages in the measuring instruments/metrology, hose and marine, and property businesses. Most of their revenue coming from property development. Property development business is hard to scale as need to constantly look for land and takes longer time to build a property. Need lots of cash on hand as well because of the high capex. This company is loss making for few years. Not sure how can they sustain for another few more years. Might be able to because they have quite a good sum of cash on hand. Generally skip for me.

Credit Card

MileLion

Yes, banks do allow you to take advantage and close the credit cards a few months or rather, many months later. Banks know that there are many clients that open and close the credit card later, so there are now more incentives for people to spend $X amount of money on their card before they get a bigger bonus (more miles, some expensive gift) Periodically, some banks will SMS their card holders and let them know if they spend $X in 2 months or etc, they will get a gift, usually something that is quite valuable. Banks are gradually rewarding such users rather than outright giving for first card opening, you may want to stick to those cards in the long run =) Having many credit cards has no damage, but when you try to apply for property loans, the banks may ask you to provide documents and spending records of all the cards you have in the past 2 years. That may be be extra hassle for you if you have 10, 20 credit cards.

Stocks Discussion

Investments

Wallace Chai
Wallace Chai
Level 8. Wizard
Answered 21m ago
I thought this stock already got delisted?

Stocks Discussion

Investments

Hello Bibiana! You asked a really interesting question! I don't have any preference toward any typeof industries. Instead, I focus on companies that meet a few business criteria that I deem to be important for long-term investing. One fascinating thing about investing I've found is that, great long-term investing opportunities can still exist even in horrible industries. For example, the airline industry in the US was a bad place to invest in for a long period of time. But the BEST performing stock in the US market from 1972 to 2002 was Southwest Airlines - it compounded by 26% annually in that period. Amazing! So, I don't exclude any industries outright. Instead, I focus on business characteristics.

Stocks Discussion

Insurance

Bjorn Ng
Bjorn Ng
Level 8. Wizard
Answered 24m ago
Initially I use excel, manual work. Then I use this stocks.cafe and an app called My Stocks Portfolio Tracker! The latter has almost all exchanges whereas stocks.cafe only has SG, US, and HK (No ASX which I would like).

Stocks Discussion

Wallace Chai
Wallace Chai
Level 8. Wizard
Answered 24m ago
Qilu Expressway Company Limited, together with its subsidiaries, operates as an expressway operator in the People’s Republic of China. Interesting company. Usually this type of company would have high capex, low margins. But it doesn't seem to in this company. With Gross and Operating margins at over 60%! and net margin of over 40%! This is too good to be true! Having healthy cash balance sheet as well. Cash growing and debt reduced. Usually they have to maintain the expressway now and then. Not to sure why the capex is low. Maybe after major maintenance, it only needs some minor maintenace for years before another major ones. Company just got ipo less than 5 years. Didnt manage to get much information.

Stocks Discussion

Investments

Bjorn Ng
Bjorn Ng
Level 8. Wizard
Answered 26m ago
Payment Systems, Healthcare, SaaS, and of course Alcohol, because people drink in both good times (to celebrate) and bad times (for sorrows). Hahah!

Stocks Discussion

Investments

Wallace Chai
Wallace Chai
Level 8. Wizard
Answered 37m ago
A company that got to do with diamonds. Diamond seems to be high quality but this company doesn't seem to.. Revenue keeps declining year on year. Inconsistent margins. Not too sure if it is sustainable for them to payout more than 100% of their earnings for dividends. With low margins and revenue, think this wouldn't last long. Eventually their own cash in the company will be depleted.
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