Tong's Portfolio

Tong's Portfolio

Yet another stock-market scam - mini-tender offers

When an offer appears too good to be true, it usually is. We were reminded of this little bit of wisdom just this week.

Tong's Portfolio

How close are Bursa and SGX-listed companies to financial distress?

SINGAPORE (Apr 30): There is no question that the Covid19 pandemic and resulting restriction on movements will inflict significant economic pain on businesses on a global scale. Most government aid packages are currently focused on helping to tide small a

Tong's Portfolio

Which will remain in 12 months' time - the Covid-19 pandemic or the effects of the stimulus?

Historically, analysts have never been very good at revising down earnings estimates, especially during crises. Worse, the current health crisis has no precedence for guidance.

Tong's Portfolio

Cash flow relief to keep viable companies afloat

(Apr 9): Five months into the Covid-19 pandemic and there remains much that we do not know about the virus. Every government is grappling with the unknown, from the most powerful nations in the world, including the US and the UK, to the smaller, emerging

Tong's Portfolio

There is also light at the end of the tunnel

The world is interconnected and hence, interdependent. The coronavirus is a global problem that requires global cooperation to get it under control.

Tong's Portfolio

Manic sensationalisation of the coronavirus

SINGAPORE (Feb 14): Over the past few weeks, we have been bombarded with blow-by-blow accounts of the coronavirus outbreak.

Tong's Portfolio

Shaken but not stirred

SINGAPORE (Feb 7): As the coronavirus outbreak continues to spread unabated, the resulting uncertainties and potential economic impact sent stock markets worldwide tumbling, before they recouped some lost ground.

Tong's Portfolio

Malaysian stocks should do better in 2020

Towards the end of the month, markets were once again buffetted by bad news.

Tong's Portfolio

Tech stocks — the real ones and the pretenders

SINGAPORE (Dec 9): Our big bet on Alibaba Group Holding is starting to pay off. For much of the past two years, the stock performance has been lacklustre despite rising sales and profits. Investor sentiment was affected by worries over the worsening trade
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