Are You Comparing Apple With Apple?

Foreword from ShareInvestor
This article “Are You Comparing Apple With Apple?” by Teh Hooi Ling was first published in The Business Times on 11 December 2004 and is reproduced in this blog in its entirety.
Whether a company capitalises or expenses an item can make a big difference to its balance sheet, income and cash flow statements, and its …

Continue Reading →

Small-Cap Adventures On The Singapore Exchange

Foreword from ShareInvestor
This article “Small-Cap Adventures On The Singapore Exchange” by Cai HaoXiang was first published in The Business Times on 13 Feb 2017 and is reproduced in this blog in its entirety.
Conservatively evaluating a company’s business prospects is key, along with a grasp of ratios
There are times when you just feel like you’ve …

Continue Reading →

Cash Flow Analysis

Operating Cash Flow
A measure of the amount of cash generated by a company’s normal business operations. Operating cash flow is important because it indicates whether a company is able to generate sufficient positive cash flow to maintain and grow its operations, or whether it may require external financing.
Investing Cash Flow …

Continue Reading →

Figures That Tell A Company’s Story

Foreword from ShareInvestor
This article “Figures That Tell A Company’s Story” by Chen HuiFen was first published in The Business Times on 12 Nov 2007 and is reproduced in this blog in its entirety.

But not necessarily the whole story. CHEN HUIFEN explains what the financial data in an annual report tells …

Continue Reading →

When Stocks Are More Affordable, But Not Cheaper

Foreword from ShareInvestor
This article “When Stocks Are More Affordable, But Not Cheaper” by Cai Haoxiang was first published in The Business Times on 19 Jan 2015 and is reproduced in this blog in its entirety.

What makes stocks cheap or expensive are their valuation multiples and earnings prospects, not board lot …

Continue Reading →

Knowing The Market And Companies Well

Foreword from ShareInvestor
This article “Knowing The Market And Companies Well” by Teh Hooi Ling was first published in The Business Times on 05 May 2012 and is reproduced in this blog in its entirety.

It pays to attend AGMs and observe the board’s body language and how it deals with shareholders’ questions
I …

Continue Reading →

It’s A-ccrual World

Foreword from ShareInvestor
This article “It’s A-ccrual World” by Cai Haoxiang was first published in The Business Times on 04 Aug 2014 and is reproduced in this blog in its entirety.

LOOKING at my monthly Internet and handphone bills one day many years ago, I was stumped when recording them down. For …

Continue Reading →

Getting The Hang Of Accruals

Foreword from ShareInvestor
This article “Getting The Hang Of Accruals” by Cai Haoxiang was first published in The Business Times on 04 Aug 2014 and is reproduced in this blog in its entirety.

Timing issues over revenue and expense recognition and cash movements underpin accounting,
says CAI HAOXIANG
ACCRUALS are one of the most …

Continue Reading →