November 2017

Golden Agri-Resources Ltd (E5H)

  Golden Agri-Resources (GAR) is one of the largest palm oil plantation companies in the world. The plantations are located in Indonesia and GAR manages more than 480,000 hectares of palm oil plantations (including smallholder farmers). GAR’s primary activities include cultivating and harvesting of oil palm trees; processing of fresh fruit bunch (FFB) into crude palm oil (CPO) and palm kernel; refining CPO into value-added products such as cooking oil,… Read More »Golden Agri-Resources Ltd (E5H)

Market Review 2017

Personal Review 2017 As the year is coming to an end and traders/portfolio managers are going for their Long holidays, market is likely to go quiet. 2017 has been a good learning ground for myself. 2.5 years in the market as a novice trader has indeed grind me to be more aware over various market condition. It hadn’t been a smooth ride of which May to August were the toughest… Read More »Market Review 2017


    Sheng Siong has released it financial results since my last post on 23rd Jul and we can see that it is favorable and aligned to the earlier analysis:   Gross profit margin is maintained at >25%  (25.8% to be exact) Consistent growth in net profit (Profit before tax 10.7% growth, Profit after tax 25.3% growth) Growth driver – Opening of Tampines supermarket (full impact to be seen in… Read More »SHENG SIONG GROUP LTD (OV8) – Updates 4 Nov