SG Wealth Builder

To make money. To build wealth. To preserve wealth.

Research report on SIA Engineering Company

SGX stocks

Join the forum discussion on this postOn 3rd February 2017, SIA Engineering Company announced 3Q results for 2016/17. It wasn’t exactly an impressive set of results but the data certainly reveals some interesting aspects of the company’s performance against the backdrop of a challenging operating environment for the maintenance, repair and overhaul (MRO) sector. This […]

Loss aversion

Stock Market

Join the forum discussion on this postFor many wealth builders, winning $1000 in the stock market is very different from losing $1000 in share investments. In fact, many research studies have demonstrated that the impact arising from losses is twice as powerful as gains. This strange phenomenon is known as loss aversion. Coined by Amos […]

ISOTeam secured a series of new contracts

Singapore finance blog

Join the forum discussion on this postDespite the challenging economic condition, ISOTeam secured a series of new contracts worth $22.7 million, including a third and single largest renewable energy installation project, worth around $6.3 million. ISOTeam is an eco-conscious Repairs and Redecoration (“R&R”) and Addition and Alteration (“A&A”) specialist in Singapore. I have previously covered this […]

Developing your growth mindset

financial destiny

Join the forum discussion on this postIn response to my previous article “Surbana terminated 50 staff”, one reader blasted me for writing a disguised advertorial promoting my partner’s See How I Trade learning program. I was a bit disappointed because my intention of writing that article was actually to encourage readers to develop a growth […]

Formidable challenger for Challenger Technologies Limited

stock market

Join the forum discussion on this postCrisis? What crisis? SGX mainboard-listed company, Challlenger Technologies Limited, appears unfazed in the aftermath of the closure of its 53,000 sqft megastore at Funan DigitaLife Mall since December 2015. Last year has been challenging due to the weak economic sentiment but on the basis of the 3Q2016 financial results, […]

Salary increase

SG Wealth Builder

Join the forum discussion on this postOn 12 December 2016, National Trade Union Congress (NTUC) announced that cleaners will receive yearly salary increases from 2017 to 2019 for a total of S$200. Various government agencies like Ministry of Manpower, National Environment Agency and Workforce Singapore said the salary increase will benefit more than 40,000 resident […]

Singtel increased investment moats aggressively

SGX stocks

Join the forum discussion on this postIn August 2016, Singtel increased its investment moats aggressively through the acquisition of stakes in Thailand’s Intouch Holdings Public Company Limited (Intouch) and India’s Bharti Telecom Limited (Bharti Telecom) for a total consideration of S$2.47 billion from parent company, Temasek Holding. This transaction will be funded through internal cash, […]

Why the Singapore Economy Really Isn’t That Bad

SG Wealth Builder

Join the forum discussion on this postWhenever we appraise economic growth, there is always a tendency to take a short rather than a longer-term perspective. Such a focus not only encourages us to see things in a less favourable light, but it also undervalues the importance of historical trends and any incremental growth that the […]

Boustead Singapore horrifying 2Q17 results

SGX

Join the forum discussion on this postOne of Singapore venerable companies, Boustead Singapore, announced a set of horrifying 2Q17 results. Net profit for 2Q17 was 32% lower year-on-year, while 1H17 net profit was 30% lower year-on-year. The infrastructure-related engineering and geo-spatial services company was still making respectable level of profits but its recent performance decline […]

Singapore rejected calls for unemployment insurance

financial destiny

Join the forum discussion on this postDuring this year’s May Day rally, Prime Minister Lee Hsien Loon rejected growing calls for unemployment insurance. Instead, he reiterated that the government of Singapore has something even better for Singaporeans – schemes to enable Singapore workers to find jobs. Amid the massive number of retrenchments announced by foreign […]

SG Wealth Builder © 2016 Frontier Theme