ISOTeam (“ISO”) caught my attention. Despite sitting on a record order book, ISO has tumbled approximately 44% from an intra-day high of $0.385 on 10 Apr 2018 to close near a four year low at around $0.215 on 10 Jan 2019. The share price decline was attributable in part to its 4QFY18 surprise loss announced in Aug 2018 (financial year ends in Jun). Nevertheless, my gut feel is that 4QFY18 should mark the trough in earnings and results should improve on a quarter on quarter basis in the next few quarters.
This post was originally posted here. The writer is a veteran community member and blogger on InvestingNote, with username known as el15, with more than 200+ followers.
As this company is a potential turnaround play, I have arranged a 1-1 meeting with Mr Anthony Koh, Executive Director and Chief Executive Officer and Mr Richard Chan, General Manager (collectively, “Management”) last month. First, a description of ISO…
Description of ISO
ISO has grown from a company doing repairs and redecoration (“R&R”) & addition and alteration (“A&A”) projects in 2014 (when I first met them) to a multi-disciplinary company which provides complete solutions to the built environment. See Figure 1 below for its business segments.
Fig 1: ISO complete solutions provider
Key takeaways from the meet-up
1.4QFY18 loss was due to several factors, some of which are unlikely to be repeated
ISO reported a 4QFY18 net loss of S$2.0m in Aug 2018. Overall, FY18 net profit dropped 71% from S$6.4m in FY17 to S$1.9m in FY18. This drop was mainly attributable to the following factors, some of which are likely to be one off: …
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This post was originally posted here. The writer is a veteran community member and blogger on InvestingNote, with username known as SmallCapAsia.
With a higher than average tolerance for risk, I’m a big fan of growth shares and you’ll find a number in my portfolio.
I’m looking at adding a couple more to my portfolio in the near future and three that I’m considering are listed below.
#1 United Global Limited (SGX: 43P)
United Global Limited is an independent lubricant manufacturer and trader providing a wide range of high quality and well-engineered lubricants.
The company produce their own in-house lubricant brands such as “United Oil”, “U Star Lube”, “Bell 1”, “HydroPure” and “Ichiro” as well as manufacturing lubricants for third-party principals’ brands.
United Global Limited serves clients mainly from the automotive, industrial, and marine industries. To date, the company has a wide distribution network covering over 30 countries.
Source: United Global Limited Annual Report 2017
United Global Limited revenue has been moving in sideways in the past 5 years. Despite that, its bottom line growth has delivered spectacular results. From FY2013 to FY2017, the company’s revenue was hovering around USD 100 million. …
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This latest workshop in our series, is all about helping retail investors focus on key criteria in the stock selection and portfolio allocation process by using a solid checklist.
Serious investing requires the investor to do his homework.
Every piece of homework done needs to follow a structure. Like the great Benjamin Graham and Warren Buffet, great investors always have a plan.
Like the saying goes…”Failing to plan, is planning to fail.”
This is the workshop that teaches you how to plan your portfolio, by first creating the most crucial part of the plan: the checklist.
Whether you’re a totally newbie or an experienced investor, having a solid investing checklist is necessary because it will set the criteria, tone and structure to pick the best stocks and also manage the worse threat faced by investors when it happens – Fear.
In this session, we will share with you how you should build your own portfolio using this 10-step checklist.
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Our Growth Investing Workshop yesterday was a full-house!
This latest instalment of our monthly workshop series is conducted by one of our veteran community members and financial blogger, James from Smallcapasia.com.
James was also a former writer for the MotleyFool and Yahoo Finance.
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We couldn’t help but notice that one of our community members made more than $1 million in profit since buying one of top performing stocks in SGX!
In one of our previous articles, we mentioned that this stock gave close to 500% return last year.
It’s AEM Holdings!
MEGA HUAT to all those vested!
If you like this article, we’ve got more. Here’s an invitation to join our community and network of investors who’re actively sharing. It’s free and most importantly, these investors are out to help one another to get better investing outcomes.
InvestingNote Workshop Series: Growth Investing Workshop
Hi everyone, the next installation of our monthly workshop series is happening on the 28th February, Wednesday.
This time, it’s all about Fundamental Analysis: G.A.R.P Strategy.
In Fundamental Analysis, there’s 2 camps: Value and Growth Investing.
While the former looks at stocks trading below their intrinsic value, the latter focus more on the future potential of a company.
What if you can combine tenets of both growth investing and value investing to find Undervalued stocks with sustainable growth potential?
That’s where great investors use the Growth At A Reasonable Price (GARP) Strategy.
This is the workshop which you will learn how to use the GARP strategy to maximise your stock investments.
Conducted by James from SmallCapAsia @Smallcapasia will teach you:
✔ What is GARP Investing
✔ Who are the proponents of GARP approach
✔ Characteristics of GARP stocks
✔ 1 Quick Way to value a GARP stock
✔ How to Value-add with 2 Important Indicators
✔ 3 Case Studies using GARP strategy
**Early-bird discount: GET $10 OFF**
Use code: EB100
Register Now, Come Later!
We’d see you there!