Athena Trader

With the markets behaving as it is, I've been super busy watching the market and making my moves to ensure that we can pocket the gains and happily go on our holiday. Today, I shall delve into BreadTalk Group Ltd (BreadTalk) and how I am watching this stock like a hawk. Source: BreadTalk Group Ltd website I've always been keen to invest in the F&B sector and BreadTalk was one of those stocks that caught my eye due to its sheer ever growing presence in Singapore. I read its 2013 annual report and the key facts that caught my attention are: 1. Their current liabilities are greater than their current assets over the past few years 2. Gearing policy is between 60% to 80% 3. Many of their top twenty shareholders are financial institutions 4. They partially owned some properties in Singapore (Chijmes, Tripleone Somerset and 112 Katong) and China (Beijing Tongzhou) and 5. The key star (Din Tai Fung) in their restaurant business is a franchise which they have held ...

Source: Champion REIT website With the ongoing Hong Kong protests which is slightly over a month, it reminded me of Champion REIT and how it must be suffering right now. Champion REIT's portfolio consists of two properties, my favorite Langham Place, a super bustling shopping centre, office and hotel that is connected to the Mongkok MRT station. They don't own the hotel which I heard is really comfortable from ACCICB who stayed there on a company trip. Champion REIT however owns part of the office tower and the entire shopping mall.They also own 95.7% of Citibank Plaza and when I asked ACCICB where this is in Hong Kong, he gave me a blank I'm not sure look and quips with a 'It's definitely not at IFC mall where all the major financial bigwigs are!' Both of us went to take a look at Citibank Plaza's location and found that the major bugbear must be it's not as connected as IFC. Interestingly, I read in June this year was of Citi HK that would be...

Source: Jimmy Choo website I read all 202 pages of the Jimmy Choo PLC prospectus over a few days and was pretty hyped up over the IPO. But with the market reacting badly in the days running up to its IPO launch, we cancelled our order to buy the shares. Boy, was I glad we did as the shares hardly moved on its first day of trading! It started at 140 pence which was the lower of the guiding price range of 140 to 160 pence. I figured that if ACCICB wasn't working on Friday, he could monitor the stock and who knows we can make some money at the peak of 146 pence and then run away! But of course that didn't happen as work gets in the way so we just tracked the stock instead. As I am writing this, the current price is at 145 pence. Jimmy Choo if you haven't already know is a accessories brand with products ranging from women and men shoes, women handbags, small leather goods, sunglasses, eyewear, fragrance and soft accessories. It operates in the global luxury good...

Source: Pilot Corp website I've taken up drawing lessons of late and this somehow led me to investigate which companies that sell drawing materials are listed. This is because the cost of drawing materials cost a pretty penny and the art and creative industry will never die regardless of the state of the world economy. Creating art is in our blood as after all it has probably been around since the beginning of time. Creating art also means that even if you are a master, you will still need to draw and paint the same subject a few times before you are pleased with it. From paper to markers to paint, I came to pens which is where I found Pilot Corp and the 1 year stock chart was like it was reaching for the stars! I was shocked that the humble pen that we use daily and carelessly sometimes is like a powerhouse in the stock market. ACCICB was so impressed with the stock chart that he went to read its annual report. I also started doing research as this is a potential stock...

Image credits CPI website Capita PLC is a rather interesting company and as I was doing the research and slides ( Capita PLC Profile ) on it, I thought to myself that maybe this is the way going forward. By the way, there are other ppt slides posted on my Slideshare account so please ignore it! Of late, the share price has been heading south after a very strong up up and away for many months. Which was why it piqued my interest given that ACCICB asked me to look at stocks on LSE when I was reading the Jimmy Choo IPO which is set to start today. I'll be watching the market today to see whether any gains can be made! Woo hoo! CPI has been acquiring companies for many years and this trend seems set to continue. Being a business process outsourcing and professional services firm, their revenue is rather evenly spilt between private and public sectors which I particularly like as it means that there's no over-reliance on 1 sector. However its core weakness as described ...

Source: CDCHL website Ah... just seeing this sign means that I'm in HK and in for a few days of eating and shopping! When ACCICB told me that we've to look at Japan, Hong Kong, Singapore and European stocks for the next few months due to the time zone factor. I told him why not look at Cafe de Coral Holdings Limited (CDCHL) which we patronised every single time we visit HK which is at least once a year.  I am in love with consumer stocks (B2C)... maybe because I am so not a technical person and consumer stocks allow me to judge and see with my eyes whether a company is doing well. B2B stocks are good I'm sure, just that it's more subtle and I think works really well if you are in the know /& am from that industry. That's my take after being a SME banker in Singapore and you do hear a lot from customers on their competitors/suppliers/customers within their industry. First hand news reached my ears that my ex client was going to do their IPO. One of the...

I've been away so long due to the Hong Kong protests which is affecting the Hong Kong and China stocks that are in air-con city ice-cream boy's ("ACCICB") portfolio. I just spent the last few days reading the prospectus of Jimmy Choo's IPO so I'm super looking forward to its debut on LSE. Fingers crossed on getting some allocation! I've also been spending time on my hobbies which are artistically/creatively inclined which I've many and surprisingly also contributes to investment ideas. I think its how my brain works... enjoying my hobbies but at the same time thinking of how this can make me $$$. More on that in one of the later posts. Source:  SPH REIT website SPH REIT is one of those low key REITS that is flying under the radar since the volume traded and price movements is rather non-existent as compared to the other REITS. It either stays at it's price for a couple of days or moves up or down by 0.01 to 0.02. This REIT was brought to m...