Investing For Value

Case Notes 06:  When is the best time to buy your house in order to get the best capital gain? This article looked at the historical evidence in Malaysia and found that if you had bought a house a year after an economic downturn, you will get the best capital gain.

Value Investing Case Study 07-2:  This is the second part of the 2-parter series on the fundamental analysis and valuation of Dayang Enterprise Holdings Bhd.  This post focuses on management performance, valuation, and risks. 

Value Investing Case Study 07-1:  This 2-parter is on the fundamental analysis and valuation of Dayang Enterprise Holdings Bhd.  This post focus on company analysis. 

Fundamentals 05:  Basics on how to allocate your net worth to several asset classes from a value investor's perspective. The article was first published on 29 Nov 2020.  I have since updated it so that there is a clear “how-to” section as part of section 1.  Revision date: 14 Feb 2021 "You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold."  Ray Dalio  

Value Investing Case Study 06-2:  This 2-parter is on the fundamental analysis and valuation of White Horse Berhad.  Part 2 here focuses on valuation and risks.

Fundamentals 02: A framework for analyzing and valuing companies.   This post was originally published on 28 May as "The Basics of Valuing A Company".  This has been updated to include among others special situations in valuation.     Note that there is a PowerPoint presentation of this article on SlideShare under " Baby steps in valuation " .   Revision date: 15 Nov 2020 "Price is what you pay, value is what you get" Warren Buffett

Value Investing Case Study 06-1:  This 2-parter is on the fundamental analysis and valuation of White Horse Berhad.  Part 1 here focuses on the company analysis

Case Notes 05:  This article is about using website performance as a proxy in assessing the extent to which Malaysian property developers have embraced digital marketing. 

Value Investing Case Study 05-2:  Investment thesis of Petron Malaysia. This post focuses on top management performance, risks, and valuation.   

Value Investing Case Study 05-1:  Fundamental analysis and valuation of Petron Malaysia. This post focuses on its current situation, how it got to where it is today, and its future prospects

Case Notes 04: This is a post about how I compared the risk of investing in two companies from a permanent loss of capital perspective using a risk management framework.

Value Investing Case Study 04-2:  This post was originally meant to be a continuation of the fundamental analysis carried out in Part 1. But this post is now redundant as  I now have a May 2023 update. The May 2023 update also merged the updated part 1 with an updated part 2. So go to that article instead of reading this one in case a Google search accidentally brought you here. 

Value Investing Case Study 03-3:  Continuation of the analysis and valuation of UOA Group. This post focuses on valuation and risks and was first published in Aug 2020. There is now a Jul 2021 update.  Revision date: 11 Jul 2021 

Value Investing Case Study 03-2:  Continuation of the analysis and valuation of UOA Group. This post focuses on the prospects of the Group and the performance of top management and was first published in Aug 2020. There is now a Jul 2021 update.  Revision date: 11 Jul 2021.

Value Investing Case Study 03-1:  An analysis and valuation of UOA Ltd. This post focuses on the business analysis part. This was first published in Aug 2020. There is now an updated analysis that was published in Jul 2021.  Revision date: 11 Jul 2021

Fundamentals 04-3: Learn how to mitigate against risk. There is also a selected URL of free resources for self-learning at the Advanced level and about Risk.  Revision date: 12 August 2020

Value Investing Case Study 02-2:  Valuation and risk assessment of Asia File to show why it is not a value trap.  This article was first published in Jul 2020.  There is now an update that incorporated the 2020 results.  Revision date: 20 June 2021

Value Investing Case Study 02-1: An analysis of Asia File's performance and business model to show why it is not a value trap.   This article was first published in Jul 2020.  There is now an update that incorporated the 2020 results.   Revision date: 20 June 2021

Case Notes 02: Value trap and other Pointers from Ekson's case study.  Revision date: 20 Sep 2020

Value Investing Case Study 01-2: This article on the valuation and risk assessment of the Eksons Group was first published in Jun 2020.  There is now an update.  Revision date: 2 May 2021.

Value Investing Case Study 01-1: A fundamental analysis of the Eksons Group that was first published in Jun 2020.  There is now an updated analysis.  Revision date: 2 May 2021.

Fundamentals 00: Definition of key terms used in the blog.  Revision date: 4 Apr 2022 "Knowing what you don't know is more useful than being brilliant" Charlie Munger