It's obvious, any it? No celebratory moods, no excitement, why? I wrote once about Apple and its innovative power or lack of. I was expecting something innovative this time.  Satellite communications, better digital payment innovation，better value for money. Alas, it was not to be, yet again. Who cares about more colours, slight incremental 'improvements' that's no longer new to the competition, boasting about 20W charging capability and USB_C charging which is joke really.  And $100 more for a half hearted new product, not for me definitely. So, are you surprised that the share price plunged further during the grandeur event? Nope, I'm not. I regret not selling more of my holdings earlier to take profits instead of holding on for the good news.  Now, what can we do about it

Why are the prices so low huh!?  This time, we're referring to the local trio banks which produce amazing financial gains and record profits. Is this flute? In my opinion and analysis of their financial records and historical performance, they're NOT. All 3 banks possess prudent management skills as well as strategic foresight as they work efficiently both at home and in the region they know best and any expansion outside familiar grounds is threaded cautiously to the benefits of us - the investors big or small. They operate differently from their US counterparts and think long term instead of short term and riskier endeavours which are proven wrong in recent financial banking crisis in the US, albeit the small and medium regional banks. In conclusion, it's astonishingly amazing

What actually matters more to an investor, shares outstanding or confidence? Apple is one of the most valuable stocks in the world after Steve Job's re-engineering and definition of smart phones. And it helps propelled the company to today's huge market cap.  While we can't say much about the future movement of its share price and market value, we can be sure that the stock upward trajectory is limited by its own doings vis a vis in terms of declining technological prowess and limited creativity, rather than stock buyback as suggested which I find this rather astonishing - the argument of market cap being limited due to stock buyback and shares outstanding. I would rather say that generally the market cap is dependable more on the confidence of the market and

May I say something different, looking from both sides of the same coin.  Vision 2030 looks great on paper and can only be realised if the projections and expected growth are in sync with actual and market situation from now to 2030. The grand vision of 4 fold jump of AUM from current 50 billions to 200 billions and similarly bullish growth and monetisation looks impressive and salivary. However,  unless we also know of a contingency plan to see through the expected targets if the future market situation is not in accordance to projected growth plan. Hitherto, all these are just a grand vision and plan before materialisation. And on the flip side of the coin, there's the opposite - remember the not too distant past of Keppel Corp share plunge when the stick was the mark

Which bank? May I share my little view? Some may called the banks old fashioned stocks and unexciting. Generative AI, electric cars, are some favourable new fad. So, should we ignore the banks or just choose one? My take is to get all if you can. Or else in ascending alphabetical order I e DBS, OCBC and UOB.  Btw, I own all 3 and looking to add whether price is right. Without the banks, generative AI or electric car ventures cannot operate efficiency as funds come mainly from the banks and financial transactions are carried out with the banks, right? All 3 local banks unlike those in the US, particularly regional and rural ones are safe with their prudent strategies and reserve requirement.  N Being a small island state, Sg cannot afford failure of the banking system and hence th

Arbitrary estimates of Citi are below consensus estimates as revealed by its own statement.  This strengthens my belief that estimates used to forecast future performance is not entirely scientific but more an art than anything else.  I'm also surprised that the writer is defending his argument that the views of majority analysts are "bullish" when everyone including him based their future forecasting on arbitrary estimates. So, he is saying his is better than the others and then the next moments the others would come with another article commenting on the contrary, not forgetting that it's the investors money that's at stake not theirs unless they stake their money on their predictions, not like a fortune teller who has his cake and eat it.  Having said all this I have to q

An interesting read and just that - interesting with no supporting arguments why these 3 stocks benefit. If the 3 hurdles are unresolvable in the near future, what do you think will happen to the 3 stocks especially Ford and GM. They're still there primarily because of their sheer sizes built up during the great American industrial revolution and they're bleeding. Tesla which is the greatest hope America ever have in today's automobile world is resorting to cheap price war to make the numbers and this definitely is not what a growth company should be doing unless it's a seasonal marketing campaign. Outside USA, the automobile industry is working on EVs long before Biden's plan which bore ulterior motive,primarily is to contain China and to build or transform a dynamic local industry. Until

Individualistic talents vs Collectivism, which is better? Individual icon has been the forefront of most if not all westernised enterprises with the likes of Henry Ford, Bill Gates, Elon Musk, Jack Ma, etc. However, there's Collectivism success stories too. In between, it's undeniable that most hugely successful businessman rely on both a CEO with good foresight and an active board with multi- discipline expertise. In Singapore, while the corporate worlds emulates US and western corporate governance, the country especially its GLC linked companies look towards collective consensus that is fronted by a helm man with the backing of Temasek or the country's sovereign fund. Hence, it's seldom that drastic failure of successor CEO and the company if a highly successful CEO leaves the company. I