Last week, on 9 April 2024, I was invited for a short interview on Money FM 89.3, Singapore’s first business and personal finance radio station, by Chua Tian Tian, the co-host of the station’s The Evening Runway show. We discussed a number of topics, including:
- Seatrium and Global Invacom’s announcements of three consecutive years of annual losses and what the implications are for investors in the companies (Hint: Seatrium has been making annual losses since 2018 but management has a plan to turn things around and reduce the company’s reliance on the oil & gas industry, although it remains to be seen if management can execute on their plan; meanwhile Global Invacom has been making losses periodically and even when it was profitable, its margins have been slim)
- Cordlife’s announcement that about 5,300 cord-blood units under its care are at high risk of being exposed to high temperatures, and its promise to offer refunds and waivers to affected customers (Hint: The refunds and waivers will have a significant impact on Cordlife’s financials for 2024, but the even more important impact to the company’s business is a potential loss of reputation among customers)
- What do companies look at when considering where to IPO, and whether Singapore is near the top of their potential listing locations (Hint: Singapore is unlikely to be in the list of considerations as a potential IPO location for many companies)
- Near-term inflation and interest rate expectations (Hint: Inflation and interest rates are not that important for long-term investors in the stock market)
- How far can Donald Trump cash out with Trump Media & Technology Group? (Hint: Between the two scenarios of Trump Media Technology Group being severely overvalued or severely undervalued, it’s way more likely that the company is currently being severely overvalued)
You can check out the recording of our conversation below!
Disclaimer: The Good Investors is the personal investing blog of two simple guys who are passionate about educating Singaporeans about stock market investing. By using this Site, you specifically agree that none of the information provided constitutes financial, investment, or other professional advice. It is only intended to provide education. Speak with a professional before making important decisions about your money, your professional life, or even your personal life. I do not have a vested interest in any companies mentioned. Holdings are subject to change at any time.