Passive Loss

 Hello all, KOPL here back with a second portfolio update. It's been one month since my previous portfolio review and I just wanted to provide some updates regarding my portfolio performance and thoughts regarding future purchases.  Screenshot of my Tiger Account It is no secret that Keppel Corporation has been the biggest drag on my portfolio's performance, which is quite a shame given that my conviction in it was the highest, as evident from the fact that it is my largest allocated weightage by far. At one point before the earnings release, I was actually up on it by around $60. Nevertheless, I am still confident in Keppel Corp and am looking forward to the results of tomorrow's Sembcorp Marine vote. This is a long-term hold that I am comfortable with seeing through till the very end lest there is a sudden negative development that would significantly impact the fundamentals.  As you can also see, I have added 50 lots of Fu Yu Corporation to my portfolio at an average ...

Hello all, as promised, the main subject for today will be my (attempted) fundamental analysis of Fu Yu Corporation, a company that is mainly focused in the Industrials Manufacturing and Supply Chain Management business.  Firstly, let's take a look at some basic information readily available on the SGX app that caught my eye: Dividend Yield 5-Yr Average of 7.3%? Net Debt of -63.68M while only having an Enterprise Value of 91.33M? P/E Ratio of 8.237? Indeed, at first glance, such a company seems too good to be true. The relatively large cash holding compared to its EV means that its asset price is backed up by cold hard cash that can be used to redistribute earnings to shareholders or take advantage of the high interest rates currently available. No matter what, it certainly beats having large amounts of costly debt in the high interest rate environment we live in today. Additionally, a PE ratio of 8.237 is definitely on the lower side of stocks. Okay, it seems promising on the surf...

 Hello everyone, this is the King of Passive Loss (KOPL, as opposed to passive income) with the first post of this blog. I'd like to begin this blog by introducing everyone to my starter portfolio currently as of age 18. To preface, by no means do I claim to be some financial trading guru or trading Nostradamus. In fact, as to what my name alludes to, I am probably located at the left tail end of the trader bellcurve. Regardless, I hope to give some insights to the mentality behind any moves I make so as to educate, entertain, and to possibly serve as a cautionary tale to what you should NOT do when trading. To add on, I like dividend investing but do not be mistaken, for I most certainly have a (reckless) high risk appetite.  To start off, my current portfolio consists of two tickers that are found in the Singapore Exchange (SGX) which are of the following that are held in my Tiger broker account: Screenshot of Tiger Account - 2 Lots of Keppel Corp - 8 Lots of United Hampshir...