Mungerism
Mungerism
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avatarMungerism
2022-10-30
$TENCENT(00700)$The tide is beginning to turn for Tencent. It was the biggest recipient of Shanghai/Shenzhen southbound connect. As it it deploy its WeChat ecosystem to diversify into high return consumer internet(with such a tight grip on its user base, it has the best ability to disrupt consumer internet competition ) we should see improving performance  in 2023 
avatarMungerism
2022-06-18
$DBS GROUP HOLDINGS LTD(D05.SI)$Question for the community ...They said rising interest rates is good for banks due to improving NIM. Why do bank shares keepgoing down?
avatarMungerism
2024-03-04
Gold stock opportunities. Despite Gold prices hovering near all time, gold stocks are languishing. Gold stocks’ recent pounding is highly illogical, driven by irrational and unsustainable fear. Seeing gold stocks so darned low relative to high prevailing gold prices is an anti-bubble. The disparity between GDX ( gold miners) and GLD ( gold price) is at one of its highest.   Historically, gold mining shares tracks gold prices. This means at some point, gold stocks will soon blast higher in a big mean reversion.  That will be a great opportunity not to be missed. Good time to start accumulating gold miners 
avatarMungerism
2024-03-10
This market rally has been led by NVIDIA.... to know if this is a pullback or start of a reversal one needs to look at the technicals of this stock.  On Friday, NVIDIA's price action showed a reversal engulfing candle, the sign of price reversal. But there has been a few pullbacks before in this rally... why is this time is different ?  The difference is the volume. On Friday, the reversal engulfing candle is enforced by huge volume... 106 million shares transacted, the highest volume in more than a year.  That means it is not manipulated by a small group but a widespread action. If NVIDIA let the market up, it may be the one to lead the market down.... the start of a market reversal... watch the market closely over the next few weeks, especially NVIDIA.
avatarMungerism
2022-08-15
$COMFORTDELGRO CORPORATION LTD(C52.SI)$Earnings out on Friday, dividends raised but results was a bit disappointing. Despite revenue increase due to re-opening inSongapore, UK and Australia, operational profit was flat due to highest fuel cost, there is a lag in passing through.Outlook is good as we are only at the start of re-opening. Will still hold for next earnings. DYOR as always 
avatarMungerism
2022-08-09
$Alibaba(09988)$On a risk- reward perspective, it is probably more in favor of reward In the mid- term. At this price downside is limited as it has already incorporated a lot of the bad news. In a valuation basis it is cheapbut still needing a catalyst for price to move up. As always do your own research 
avatarMungerism
2022-05-12

MIcrosoft nears major technical support

The last few days has been nothing short of carnage. Fear is at its peak and even quality companies with strong market position and earnings are not spared. It is hard to pick a bottom, but after multiple sessions of indiscriminate selling, there will be a rebound. As market is highly volatile, it's best to pick a high quality company with clear growth imperative , strong pricing power and strong balance sheet. Usually such companies trade at a premium but thiscarnage has provided an opportunity to invest in Microsoft, especially from a technical perspective, it is near strong technical support. Does it mean it cannot go below? Of course nothing is certain in these unpredictable times, but the risk-reward is now very attractive. What if we are wrong? We are ho
MIcrosoft nears major technical support
avatarMungerism
2022-08-02

Potential re-rating opportunity

$COMFORTDELGRO CORPORATION LTD(C52.SI) A laggard in the reopening play. Good sentiment from increased tourism in Singapore that has lifted shares in hospitality & tourism related counters not fully reflected in this stock. Potential for re-rating with increased ridership in rail and taxis ( in Singapore) not fully baked in. Earnings expected on the 12th of Aug. Concerns on its UK and China business may have dampened expectation but it's much the upside from the reopening of its much bigger businesses in Singapore/ Australia should outweigh them. In Australia it has recently won a significant contract to operate buses in Darwin/ Palmerston. Most analysts are recommending 12 months target between $1.75 to $195. Of course as always please do you own research!
Potential re-rating opportunity
avatarMungerism
2022-08-01
$MEITUAN-W(03690)$regulatory risks remain... now food safety probe.. will weighon its stock price for the time being. 
avatarMungerism
2022-08-21
$COMFORTDELGRO CORPORATION LTD(C52.SI)$Comfort Delgro just went ex-dividend after recent earnings announcement. Looking forward, management is confident of improved performance as they have only just caught part of the re-opening benefits of UK, Australia and more importantly Singapore. This should translate to better & sustainable earnings going forward. Looking forward to more upward dividend revisions

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