Tuesday 29 April 2014

Initiating Coverage On One Stock Every Week

I have decided to start a new program that allows me greater practice and provide more benefits for my readers. From now on, I am going to initiate coverage on a stock every week. I will be manually compiling all the data through annual reports while listing possible catalysts that could either drive the company's growth or pull the company down to oblivion.

If there are any stocks that my readers would like to suggest, please feel free to comment and I will do my best to accommodate your wishes and provide the rest of the readers with a decent report. I might or might not use DCF to value the company but rest assured that I will at least list key ratios for comparison out. The first report will come out on 9th of May, Friday. If there are no requests by then, I will simply do a coverage on AIMS AMP Capital REIT, a REIT that I am currently holding but have not initiated coverage on.

This will also serves as practice for my equity research career so do be assured that I will try my very best to provide an objective analysis as much as possible.

As for my portfolio, I am currently up by about 13% since the start of the year. The year has been rather eventful for me considering that Mr Koh Wee Meng initiated a huge buy order for Global Premium Hotels at the cut off price of $0.33 just last week, which gives me a paper profit of around 33%. I do foresee more growth for this stock and will therefore be holding for the foreseeable future. Even though the buy order ended last Friday, the price has been steady for about 2 days now.

With that said, do feel free to suggest possible stocks. I will attempt to give you a decent report with my most truthful opinions. Thank you.  

12 comments:

  1. Hi, how about a coverage on united engineers ? Thanks

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    1. Sure, I will get down to it in a few weeks.

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  2. hello MidasSL
    i have been holding on to 20 lots Vard Holdings for the longest time and the company is just not doing well as per last financial report..my broker asks me to cut loss..I am asking for a second opinion. thanks for analysing this company..

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    1. Hi blazingruby60, I will be doing a coverage of Vard Holdings first. I will post the report in a week. Thank you very much for your support.

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  3. looking forward to your coverage. As I am a small retail investor, if possible, do cover some small-medium cap stocks, example like Straco and Baker Technology ;-)

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    1. Hi Richard,

      I will get down to it right away after I am done with my backlog. Please continue to support this blog :)

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  4. Thanks for sharing....
    Please do analysis for F&N.... after all the capital reduction, dividends, etc. what do you think is intrinsic value? Thanks

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    1. Sure,

      The report will be live in a few weeks as well. I will be doing more coverage on small cap and medium cap first though as that is where a 2 bagger and above might be found :)

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  5. Hi,
    Would you like to consider SinoGrandness or Hankore?

    Thank you so much.

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    Replies
    1. Hi George,

      Definitely. Thanks for your suggestions.

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  6. Great Job Midas, keep going! :)

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    1. Hi Ryan,

      Thank you very much for your support. I will definitely strive to provide as many high quality content as possible for my readers.

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