When You Think a Stock Is Expensive

Starting the journey in Singapore and in income stocks and venturing out to Hong Kong then US. I am still adapting to buying growing business in the PE range above 20x. My only ones is Ulta Beauty.  I just made a quick look at Shanghai Airport. Remember my post on Beijing Airport 2018. Shangai International Airport then in 30th OCT 2018, was 28.3x PE, now is at 29.5x PE but...

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Book Summary – The Little Book of Value Investing by Chris Browne

Summary from (Source) Chapter 1 : : Buy stocks on sale. The basic concept of Value Investing is “Buying a business for far less than it is worth”. Value investing is not a set of hard and fast rules. When prices drop, people buy more of the things they want and need, except in the stock market. Everyone seems to think that they should buy stocks that are rising and sell those that...

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Causal Dining, Social Palace Singapore by Tang Palace

When I read that in Tang Palace Interim report that they will be opening one in Singapore this year, I am intrigued. You can read about my last post & analysis about Tang Palace here. The place is located in FORUM The Shopping Mall, Orchard Rd, #01-22. The mall is like a ghost town at 8.30pm, unlike the main streets of Orchard road. Not a wise place with a low footfall to set up shop? However...

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Tang Palace, Venturing Into F&B

Tang Palace, listed in Hong Kong Stock Market with stock quote 1181, appeared in my stock screener I posted last year. You can read it here. I have invested in it since July near $1.30 and further added at $1.08 today. This counter is illiquid, have to buy in carefully especially using SCB brokerage that cannot amalgamate.  Tang Palace is a F&B business, first attracted me with...

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