Amara Holdings – Weak 2Q 2015

Amara

The Singapore Tourism Board has moderated its forecast for 2015 to 15.5 million visitor arrivals. However, with the additional room supply in 2015, the hospitality sector could be challenging.

The launching of key initiatives such as a S$35 million partnership with Changi Airport Group and a S$20 million global marketing campaign aim to improve visitor arrivals.

Group revenue for 2Q 2015 decreased marginally by 3% to $19.1 million, from $19.7 million in 2Q 2014. This was due to absence of revenue from development property sold, partially offset against higher revenue from Hotel Investment and Management segment and rental income from investment properties in the Property Investment and Development segment. Read More

Challenger Technologies 2Q2015 Net Profit jumps 21%

ChallengerTechnologies_Business

Challenger Technologies 2Q2015 Net Profit jumps 21% on back of 3% increase in revenue.

Challenger has released its 2Q2015 results on 12th August 2015.

Revenue

The Group achieved revenue of $84.7 M for the three months ended 30 June 2015 (“2Q2015”), an increase of 2.5% or $2.1 M compared to the revenue of $82.6 M for the three months ended 30 June 2014 (“2Q2014”). The increase in revenue is primarily driven by higher contribution from IT products and services. Read More

Book Review: Show Me the Money Book 2 by Teh Hooi Ling

TehHooiLing_ShowMeTheMoney

I picked up the book Show Me the Money Book 2 by Teh Hooi Ling from Times Bookstore few weeks ago.

The book is a collection of investment articles that the author writes over the years.

The author shares advice such as using dividend yield in combination of price to book ratio to screen for stocks. She also shares her opinion of believing in only blue chips in the Singapore stock market. There are tabular stock market information and charts to support the author’s view and opinions of the stock market. However, most stock information are outdated and some stock are already delisted at the point of reading. This is because most articles are dated back from 2008 to 2013.

Personally, I felt the book is a bit dry and difficult to read and you have to spend some time thinking of what the author is trying to convey to you after each article. My personal opinion, this is not a “teach you how to invest” kind of book but more of “sharing experiences”.

I give it an Average rating 3 out of 5 stars.

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