Singapore O&G 1H 2020 results: The good and the bad

Singapore O&G (SOG) reported a decent set of 1H 2020 results despite the COVID-19 pandemic in Singapore. Revenue fell 4% to SGD17.8 million while net profit fell 21% to SGD3.7 million Here's the good and the bad about Singapore O&G results. Good Let's start with the good. Singapore O&G reinstated their dividend (0.5 cents). The … Continue reading Singapore O&G 1H 2020 results: The good and the bad

Portfolio news this week (ending 18 July)

Only 2 news articles on TripAdvisor this week. Enjoy your Sunday! Trip.com CEO joins TripAdvisor's board: Jane Sun, the CEO of Trip.com has joined TripAdvisor's board. This move is part of the 2019 strategic alliancebetween the two companies. To maintain her board seat, Trip.com must buy shares amounting to a ~5% stake in TripAdvisor. That … Continue reading Portfolio news this week (ending 18 July)

Portfolio news this week(ending 11 July)

This week's news includes Singapore's election results, TripAdvisor's bond issuance and increased competition for iFAST.Singapore elections, HRNet and Singapore O&G: Singapore's ruling party, the People Action Party (PAP) returned to power (83 out of 93 seats) but had one of the lowest share of the popular vote (61%) in its history. From Bloomberg:The result could … Continue reading Portfolio news this week(ending 11 July)

Portfolio news this week (ending 4 July)

KGI initiated research on Singapore O&G with a neutral rating because of downside risk to its dermatology business. Dermatology earnings are likely to be depressed this year but the value of a stock mainly comes from future earnings so I'm willing to be patient. Link TripAdvisor's CEO said in a Skift interview that the company … Continue reading Portfolio news this week (ending 4 July)

Portfolio news this week (ending 27 June)

This week's news includes TripAdvisor's profit warning and pivot to quality experiences, an interview with iFAST CEO and MasterCard's spend update. iFAST CEO interview with Zuu: iFAST is aiming to be the Netflix of Fintech by providing banking and wealth management services to clients globally. Applying for a Singapore digital banking license is the first … Continue reading Portfolio news this week (ending 27 June)

Portfolio news this week (ending 20 June)

The main news this week involved iFAST's digital banking bid and Mastercard shoppers on Amazon . iFAST and digital banking: iFAST is one of the nine shortlisted bidders for Singapore's digital wholesale banking license. iFAST has a chance but it's going to be a tough fight. Link Mastercard and Amazon: Mastercard users can look forward … Continue reading Portfolio news this week (ending 20 June)

Portfolio news this week (ending 13 June)

Here's the top news this week affecting my positions in Singapore O&G, iFAST and TripAdvisor. TripAdvisor vs Booking: Booking.com will terminate existing contracts with attractions and tours and will create an experiences partnership with TUI's Musement instead. Booking.com users will eventually be directed to Musement's experiences.  Building an experiences business is clearly not easy when … Continue reading Portfolio news this week (ending 13 June)