tag:blogger.com,1999:blog-1609074421438585217.post7502076868872905180..comments2024-01-28T11:41:12.149+08:00Comments on T.U.B Investing: Another Lesson Learnt From Deep Value Investing - Krisenergy LtdThe Unique Bunch (T.U.B)http://www.blogger.com/profile/18291160695754244321noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1609074421438585217.post-9164718914477364342018-01-13T14:47:11.557+08:002018-01-13T14:47:11.557+08:00Hi,
Thank you commenting and reading. Was surpris...Hi,<br /><br />Thank you commenting and reading. Was surprise this article got comments again.<br /><br />I totally understand your view. I did actually take a look at the financials of oil companies recently. <br /><br />But anyway despite me having a long term view, I restart my portfolio on a yearly basis. So I am not sure if I can wait 2 years for a stock price to return to norm.<br /><br />Anyway I will note your view and relooked at the oil counters again.<br /><br />Thanks again for reading.<br /><br />Regards,<br />TUBThe Unique Bunch (T.U.B)https://www.blogger.com/profile/18291160695754244321noreply@blogger.comtag:blogger.com,1999:blog-1609074421438585217.post-62137227076999857382018-01-12T14:55:20.949+08:002018-01-12T14:55:20.949+08:00Your comments on Kris Energy are interesting, but ...Your comments on Kris Energy are interesting, but with the rally in oil prices you should perhaps take another look. When they restructured their debt Brent Crude was trading in the $40s and their model for survival required a future price of mid $50s. Now with Brent Crude closer to $70 the viability of the business appears significantly more rosy. <br />The stock price has not responded significantly to the upward move in Brent prices over the last few months, and if you look at it as a long term call option on oil, your strategy to take it as a proxy to oil, which is lagging and leveraged, might not have been wrong. <br />The company still has strong backers in Keppel and among its banking relationships. I believe that if the oil price stays here or rises further, the price of Kris Energy shares should increase quite significantly.Proxy Investorhttps://www.blogger.com/profile/14802498784061680349noreply@blogger.comtag:blogger.com,1999:blog-1609074421438585217.post-69218391280394296442016-10-28T23:26:52.805+08:002016-10-28T23:26:52.805+08:00Hi Asiancontrarian,
Thanks for dropping by. For t...Hi Asiancontrarian,<br /><br />Thanks for dropping by. For this strategy, I actually focus heavily on P/B and also some qualitative catalyst. For Krisenergy I understand the risk behind. What I wanted was a direct proxy to oil price at that time. But Swiber issue came as a shock at that time and it gave me an enlightenment of how bad the situation is. Thus, I sold and made a small loss.<br /><br />Regard,<br />TUBThe Unique Bunch (T.U.B)https://www.blogger.com/profile/18291160695754244321noreply@blogger.comtag:blogger.com,1999:blog-1609074421438585217.post-31253878091391825472016-10-28T00:37:33.241+08:002016-10-28T00:37:33.241+08:00Personally, I feel that deep value investing is no...Personally, I feel that deep value investing is not a high risk high return strategy. If done properly it will generate good and consistent returns in the long run. Have said that, there are a few things to consider in the aftermath of this investment loss. 1) have you diversified enough into a portfolio of deep value stocks knowing that it wasnt a good period for energy stocks? 2) have you applied appropriate discounts on the value of its assets in the balance sheet? with oil prices hitting lows, certain assets could be marked down i.e receivables and fixed assets 3) does the company have enough cash reserves to outlast the tough times? Kris energy has been losing money for years even before the oil crash shouldnt this considered?Asiancontrarianhttp://theasiancontrarian.comnoreply@blogger.comtag:blogger.com,1999:blog-1609074421438585217.post-90851865571649272332016-07-31T19:39:56.692+08:002016-07-31T19:39:56.692+08:00Hi Augustine,
Thanks for dropping by and commenti...Hi Augustine,<br /><br />Thanks for dropping by and commenting.<br /><br />Glad that you like the Triple S Scorecard. Hope it will bring about good gains for you in future.<br /><br />Regards,<br />TUBThe Unique Bunch (T.U.B)https://www.blogger.com/profile/18291160695754244321noreply@blogger.comtag:blogger.com,1999:blog-1609074421438585217.post-13484443687955939072016-07-31T14:08:30.770+08:002016-07-31T14:08:30.770+08:00Hi
Thank you for your post. I really like your ho...Hi<br /><br />Thank you for your post. I really like your honesty of admitting that you make losses sometimes. But I am sure if you believe in it, it will pay off handsomely in future. Tks!<br /><br />Oh ya. I attended your first sharing session. I really like your Triple S scorecard. I highly recommend it.<br /><br />Regards<br /><br /><br />Augustine holly livhttps://www.blogger.com/profile/11507090978942170407noreply@blogger.com