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Showing posts from 2020

Determining the best time to buy your house

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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.

Dayang - is there a buying opportunity? (Part 2 of 2)

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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. 

Is Dayang a Value Trap? (Part 1 of 2)

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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. 

Baby steps in Asset Allocation for a Value Investor

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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  

Is White Horse a Value Trap? (Part 2 of 2)

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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.

The Basics Of Valuation - Picking out Value Traps

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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

Is White Horse a Value Trap? (Part 1 of 2)

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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

Digital marketing - Did Malaysian Property Developers seize the opportunities?

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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. 

Is Petron Malaysia a value trap? (Part 2 of 2)

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

Is Petron Malaysia a value trap? (Part 1 of 2)

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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

Baby steps in assessing Permanent Loss of Capital

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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.

Is CSC Steel a Value Trap? (Part 2 of 2)

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Value Investing Case Study 04-2:  This post focuses on the intrinsic valuation of CSC Steel. It is a continuation of the fundamental analysis carried out in Part 1. 

Is CSC Steel a Value Trap? (Part 1 of 2)

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Value Investing Case Study 04-1:  Company analysis and valuation of CSC Steel, a cold roll company listed on Bursa Malaysia. This post focuses on the business fundamentals

Baby Steps into the Investment Universe: Beginners: Part 1 of 3

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Fundamentals 04-1: This is a post for those who don't know anything about investing but want to start investing.

UOA – will it continue to create shareholders’ value? (Part 3 of 3)

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Value Investing Case Study 03-3:  Continuation of the analysis and valuation of UOA Group. This post focuses on valuation and risks. 

UOA Ltd – it is a bargain or value trap? (Part 2 of 3)

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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.

In Malaysia, which has better returns; Stock market or Property?

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Case Notes 03:  Comparing the returns from investing in residential properties in Malaysia with those from investing in Bursa Malaysia

Is UOA Ltd a Value Trap? (Part 1 of 3)

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Value Investing Case Study 03-1:  An analysis and valuation of UOA Ltd. This post focuses on the business analysis part.

Baby steps into the investment universe - Risks; Part 3 of 3

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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

Is Asia File a Value Trap? (Part 2 of 2)

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Value Investing Case Study 02-2:  Valuation and risk assessment of Asia File to show why it is not a value trap.    Revision date: 2 Aug 2020

Baby steps into the investment universe - Analytical; Part 2 of 3

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Fundamentals 04-2: Step by step guide as well as selected URL of free resources to start you off in learning to be a successful value investor.   Revision date: 12 August 2020

Is Asia File a Value Trap? (Part 1 of 2)

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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.    Revision date: 12 Aug 2020

An Effective Way to Screen for Value Traps

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

Is Eksons a value trap? (Part 2 of 2)

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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.

Can we learn anything from investment case studies?

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Case Notes 01: Pointers from Ekson Case Study.   This post has been updated to cover what you need to learn in the context of value investing and the role of case studies. Note that there is a PowerPoint presentation of this article under " Learn how to invest using investment case studies ". Revision date: 18 Oct 2020

Is Eksons a value trap? (Part 1 of 2)

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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.

How To Mitigate Risks When Value Investing

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Fundamentals 03:  Risks differ depending on the type of assets and investment style.  This post looks at risk and risk mitigation from the perspective of a stock-picking value investor.   Note that there is a PowerPoint presentation of this article on SlideShare under " Baby steps in managing investment risks " .   Revision date: 22 Aug 2020     "Risks come from not knowing what you are doing" Warren Buffett

An Introduction to Value Investing - confronting value traps

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Fundamentals 01: Originally published under "An Introduction to Investing in Listed Companies".  The post covers what to consider when investing.  Updated to include notes on how to analyze companies and other value investing tips. Note that there is a PowerPoint presentation of this article on SlideShare under " Baby steps in value investing ".   Revision date: 18 Oct 2020.            "Investment is simple but not easy" Benjamin Graham

Definitions

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Fundamentals 00: Definition of key terms used in the blog.  Revision date: 23 Mac 2021 "Knowing what you don't know is more useful than being brilliant" Charlie Munger