This will be a quick post to touch upon the 3 things that are related to gaming industry, particularly Tencent - given that it is currently the talk of the town at the moment.$TENCENT(00700)$ In case you have not heard of the news that were circulating this morning, China's state-run Economic Information Journal Daily - stole today's headline by titling the article "Spiritual Opium Grows into Hundreds of Billions of Industries", which likened online games as hazardous especially to young people and seek to regulate them as soon as possible. This sends a spook across investors and spiral down to gaming stocks such as Tencent and Netease which dropped more than 10% this morning. 1.) China already imposed gaming curfew for minors in 201

I wrote about the importance of having the right mental mindset in order to enact a perfect execution strategy in investing. In this article, we’ll explore a little deeper about devising a game plan on Averaging Down as an investment strategy. Do note that the focus is primarily on fundamentals first, technical second. As such, as and when we find that there is sufficient value in the company, we will consider purchasing and will use technical to aid our entry and exit positions. Is Averaging Down an Effective Strategy: First, you need to have resources or what we often termed it as warchest. In an ideal world where we have unlimited warchest, that would be nice. In a real world, many of us have a limited resource. Our funds are likely to be limited and even so, we want to c

Alibaba Group Holdings started the new fiscal year quarter 1 reporting for FY2022 by delivering a pretty decent results. Revenue for the quarter is at US$31.8 billion, which represents a 34% increase year on year. This includes the consolidation of Sun Art, which was consolidated into the Group numbers from previous quarter. Without Sun Art, revenue would have grown 22% year on year. Monthly Active Customer (MAU) for the platform ecosystem grew to 1.18 billion globally, which is an increase of over 45 million from the previous year. This is broken down into 912m for China consumers and 265 International consumers outside China. Inside China's 912m active users, 828m is mostly engaged in Taobao and Tmall - a dominant China retail marketplace. Income from operations and EBITDA decreased by 1

$Alibaba(BABA)$ $Alibaba(09988)$ As most readers already know, Alibaba remained my largest position to date in the portfolio with over 30% weightage.Over the past couple of months, I’ve gone through many articles on my positions for Chinese tech companies so I’ll go through a quick one this time of what I am seeing in the Baba’s chart.Do note that Baba is expected to announce an earning results next week on the 18th November, so I’ll be taking a close look of their development fundamentally.For this article, I’ll be doing a technical analysis to see what might be in store over the next couple of weeks and months and how I derived at my potential short term target of $200&nb

Following my previous post which talked about the quick analysis on $Alibaba(09988)$ $Alibaba(BABA)$ and JD after both announced their earnings last night, I will go a little more in depth about each company’s valuation and see how much should we change with our valuation model.We will start first with Baba, and then I’ll do another one in the next post with JD.The goal here is to look at it objectively (rather than from a biased point of view because of vested position), so I’ll flex my objective thoughts and if you agree or disagree you are more than welcome to let me know your thoughts in the comment sections below (though please provide your reasoning so we can have a meanin

$Tesla Motors(TSLA)$ Tesla had an incredible week after the company hits $1T on Monday when the share price burst through the $1000 milestone and then continues to be a hit on mainstream media which means we are going to continue having a great high volatility Tuesday.True enough, the share price rose by as much as 8% on Tuesday before retracing back to close lower with a red doji candle.We knew that Tuesday's candle was going to be lower than Monday so I went on to write a lot of puts at what I thought was a relatively safe strike price of $1400-$1500 when the share price was hovering at +7-8% on Tuesday. This was going to be a buffet night and free money on the table after all.I was expecting volatility to die down midway through th

Keeping a close tab on your company’s unit economics is one of the most important task for management and the board as it tells a lot of story on how the company is performing over time.Today, we’ll be focusing on one of the most commonly over-used and over-reported metrics by many companies – Monthly Active Users (MAU) / Daily Active Users (DAU).How The Significance of MAU/DAU Came About:MAU (or some may track on the daily DAU) became increasingly popular largely when companies such as Twitter and Facebook started tracking and reporting engagement rates and growth projections. These businesses are social media networks which rely on social media engagement and activities, which includes advertising to make money so it makes sense for these companies to track the monthly or daily

$KEPPEL DC REIT(AJBU.SI)$ has been one of the performing stars in the SREIT universe for quite some time since its’ IPO.Investors who are looking to buy this REIT has been given very little to no chance to add on to their shares as the company continues to shoulder on its meteoric rise in the past few years.Since hitting the peak of $3.13 sometime in October last year, the company has undergone quite a bit of correction over the past few months, breaking it’s support each time as it moves lower.With the company trading at $2.34 today, is this a good opportunity to add on to the shares given their longer term prospect?Maiden Acquisition in China with a high 9% NPI Yield:The maiden acquisition in Guangdong Data Centre locat

On Friday last week, investors investing in China education stock received a huge shock after major financial news reported further restrictions to the education tech sector bringing in further rules and regulations in order to curb the economy plan of the country further.$New Oriental Education & Technology(EDU)$$TAL Education Group(TAL)$$Gaotu Techedu Inc.(GOTU)$ This has sent over major big cap names plunging heavily down on the day, and this year alone they have gone down 85% – 97% from the peak. Just take a look at how the top 6 losers performed in 2021 and it will send every investors shivering thinking about investi

On the 18th October, I alerted the members in my Facebook group some technical charts for Carnival Inc. $Carnival(CCL)$ The price action is trading within the symmetrical triangle since COVID started back in early 2020 and hasn't been able to break in or out of that triangle since. Nevertheless, we are approaching that breakout (up or down) soon and may be able to know soon enough.I went on to dig a few more information soon after that, in preparation for due diligence on its fundamental side.I didn't quite like what I see based on the information I dig out so I'm likely to sit this one out for anything long term. This is at best a trading play on the sentiments if I just want to get my hands dip in a little for fun purpose.Nevertheles

Tencent Holdings Ltd$TENCENT(00700)$ is one conglomerate company in China which has triumphed and dominated so many winners in the past few years that it has become increasingly difficult for investors to buy in and own them simply because they keep on getting better and stronger each year. In fact, if we look across the past 10 years of making for Tencent, the best time to buy and own the shares is the day the company is making its 52-week high because you know they are just going to beat that record on its own down the road. The only 2 meaningful times which investors can get in at a reasonable valuation after the huge run-up was back in 2018 due to a regulatory crackdown which they’ve dropped 49% from peak high and then today

$TENCENT(00700)$ If you are following my social media page, you are probably already aware that I am in the midst of accumulating more Tencent shares in the past recent weeks (I am done accumulating my position for Baba and has now moved to Tencent with the intent to build a position larger). I added another 100 shares on Friday at about $438.8 and with this I have a total of 1,400 shares at an average price of $458.4. At the moment, my position is currently down at about ~4% but this does not concern me at all. In fact, I hope it can maintain at this range for a while more so it will allow me time to build up my capital over time to add more positions into the portfolio (will detail out the essence of building more positio

Shares of Nike Inc. $Nike(NKE)$dropped by more than 6% last Friday after the company announced earnings for the first quarter of fiscal 2022 that disappointed investors. The company cited supply chain disruptions which include temporary forced closures of its manufacturing facilities in Vietnam and Indonesia – both countries that are still facing battle of the Covid-19 pandemic. First quarter earning is not all bad and gloom. The company reported sales of $12.2 billion and an underlying EPS of $1.16, which is just under the market estimates of between $12.4 billion and $12.6 billion. The company managed it’s profit margin better in the first quarter due to less incentives given to customers due to higher than expected demand

$Amazon.com(AMZN)$ Amazon has one of the most impressive compounder chart history in many years.After accounting for three rounds of stock splits in more than 2 decades, the stock has advanced from $1.50 back in 1997 to $3400 today in 2021. That is a whooping return of more than 200,000% return in a period of slightly more than 2 decades.Based on the above charts, you would have thought it would be an easy ride to ride the uptrend across the full 2 decades to where you are today.A $1,000 investment back in 1997 would have returned you about $2m today, after accounting for all the stock splits that happened along the way.However, if you look at each milestone and the struggles it came across on each economic cycle, you would realise th

$Netflix(NFLX)$ Much was anticipated in the opening week of the New Year as Mr Market rotated out of most growth tech stocks, especially those with lofty valuations and switched in on companies which might benefit from the rising interest rate environment (i.e banks, oil).I took an opportunity to take a short position on Netflix last week which I have been quite bearish on since it announced the Q3 earnings a few months ago which I wrote here.Here are a few of the reasons why I am expecting Netflix to underperform in the next upcoming months:1.) Lofty Valuation Is Vulnerable In Current Inflationary EnvironmentWhichever we want to look at it, Netflix’s valuation is not cheap by any standard metrics for valuing a company.It’s more tradi