SG Wealth Builder

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Month: May 2013

Super Group Q1 Net Profit Grew 24%

Super Group Ltd is a stock which I like very much and has been tracking for several years now.  The company is a leading instant F&B with market dominance in SE Asia. It manufactures and distributes branded consumer products, primarily instant coffee, instant cereals and instant tea mixes products, for which it maintains top market positions […]

GST exemption for Gold and Silver

Gold bullion

The following information is extracted from Inland Revenue Authority of Singapore’s e-Tax Guide. With effect from 1 Oct 2012, the importation and supply of IPM in Singapore are exempt from GST. The supply of IPM which is exported continues to be zero-rated. However, only precious metals in the form of a bar, ingot, wafer and […]

Stock Update: Biosensors Receives CE Mark Approval for BioMatrix NeoFlex™

Below is a press release from Biosensors. SG Wealth Builder has been monitoring the company for quite sometimes and is of the opinion that Biosensor has a lot of potential to grow. Just like Apple, Biosensors has the ability to cannabalise its older products, which is a hallmark of a forward-looking innovative companies. Not vested in this counter. Biosensors International Group, Ltd. […]

CPF adjustments

CPF monies

Below is a government press release announcing the changes in the CPF Minimum Sum and Medisave Minimum Sum. The increase in the CPF MS represented a 6.5% increase and the Medisave MS represented a 5.1% increase from 2012. Note that both rates are much higher than the core inflation rates in Singapore 2012. Whilst I […]

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