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)

Portfolio news this week (ending 6 June)

Here's the top news this week affecting my positions in Singapore O&G, iFAST and TripAdvisor. All Singapore O&G (SOG) services are available again: SOG clinics including their dermatology clinics can offer their full suite of services with Singapore's circuit breaker ending on 2 June. See the SOG poster below. However, competing dermatology clinics will be … Continue reading Portfolio news this week (ending 6 June)

Portfolio news this week (ending 30 May)

I'm trying to update more often so I'm exploring a regular newsletter which is relevant to the stocks in my portfolio. Let me know what you think! Here's some of the key news this week which could be relevant for TripAdvisor and HRNet. TCOM earnings/China travel recovery: Trip.com reported 1Q results with revenue down 42% … Continue reading Portfolio news this week (ending 30 May)

Singapore O&G: 6 things to note in the 2019 annual report

Am I the only SOG shareholder who has given up looking at the share price?  Anyway, here's are six key highlights from their 2019 annual report. Let's start with the bad news: Dermatology impairment Increasing competition and weak medical tourism trends in Singapore resulted in a SGD11.3 million goodwill impairment for the year. Excluding the … Continue reading Singapore O&G: 6 things to note in the 2019 annual report

Zero sales test

How long can a company survive with zero revenue?  The COVID-19 crisis has forced governments to restrict movement so  restaurants, hotels and travel companies are faced with a grim scenario where revenue drops to zero. The cyclical companies in my portfolio such as China Aviation  Oil, TripAdvisor and HRNet are vulnerable but I subjected all … Continue reading Zero sales test