Cory Diary : Multi-Baggers

I watched Creative Tech share phenomenal jumps. More than 4 times before after the News. Is this real ? Creative's Super X-Fi™ Headphone Holography could be a game changer. Am I too late into the game. Let's do a modelling today with Math. Using cost and target valuation price if indeed the technology becomes a household product as a standard.

If I am late in the game and I bought at $5 of 1000 shares. Compared to someone who bought at $1 assuming same amount of lots. If the value of the shares jumped to $100K, the profits difference is just $4K. That's not much a difference even if we are to enter at $5 with just 20 baggers in term of absolute profits.

Will this be our "iPhone" at our door step ? Can't miss it. Not a recommendation to buy or sell.
But for people who catch the winds of the product innovation will be a great success, is not too late to enjoy similar success as one dollar plus lucky investors.


Cory
20180303

Cory Diary : Recent Trade Actions 20180220

As DIY Investor, when I am not glued to 2018 Budget, at least need to catch the key points. They could provide some help or guidance on what is to come in the future. And then double up with whats app or forum discussion. This will give me a basic idea. The key is information and being smart is not enough. There is one more thing, I need to be fast too. Why ?

Design Studio prior to CNY holiday announced Profit Warning. This is Information. If people who has follow my portfolio, I first did my reduction in this counter so that I can sleep better when price ran up. (link) I know this is SME. And high price volatility in illiquid stock means there can be sharks. DS also has a CEO change. Taking some profit off the table created some profit buffer.

Then the quarterly report is bad, and price took a hit. CFO resigned later (I think last Dec'17). And climaxed with Feb Profit Warning. First trading day 9am, I saw the buy queue 0.52. I miss to sell it in seconds.  (In my heart is like %^&$#@). The price went down to 0.48 to 0.50 range quickly which I manage to sell down most of my remaining shares.  I am still left with few k unable to clear due to no buyer. My pain to learn. The day ended at 0.40. That's fierce. Cut loss and sell down are key steps I took to mitigate my losses for this situation as I am blind sided on how bad the news are.

I have few other trades this month but I think writing down my experience on Design Studio is enough for me tonight. Is late past 1 am ... Hope you have a Happy Chinese New Year.



Cory
20180220

Cory Diary : Disappointing Singtel Results - Feb 2018

DJIA has been shaken twice within a short space of time after I blogged days before it on my concern of the correction coming and my fear of Crypto Currency. What I am more surprise is the weaker result than I anticipated of Singtel. Bad news like to come in a string.


Singtel

Did a quick glance on Singtel Results. Weaker associates result pull down overall performance but there are strong area and direction which management has been making proactively. Holding to most of the cash from Net-link sale is right move. FCF still look ok. Nevertheless, associates make up a good portion of Singtel earning and I am disappointed. While I think they can continue to maintain dividend without problem, I am not 100% sure that they want till they do.

For long term I still find Singtel is a much better and safer bet. And their investments are well positioned. For short term, DJIA volatility is a concern and I like to understand how this play out first. For Mid term it may takes more time for Singtel to transform. Therefore I decide to adjust my position size accordingly. Yes, peace of mind is important. And will re-balance the cash raised to be invested prudently at the right time.


Cory
20180209