🌻美國生活
打了疫苗後, 在上週進城了一趟.
許久未出門的感覺很奇妙. 進了城, 也感到大家的生活還是如往常一般, 只是餐廳沒甚麼人(都用電話下單, 或是當場點了東西後就走), 許多人(並不是全部)的臉上也多了個口罩. 旅館的人倒是不多. 但商家停車場的車子應該如往常一樣, 沒有減少.
每次進城, 也一定會到Chipotle打牙祭. 這次試了他們新的飯(參雜了cauliflower花椰菜), 酸酸滋味, 配上原來burrito裡面就有的料, 真的是開胃又好吃, 一口接一口.
最近吃了三家不同的burrito, 還是覺得Chipotle的最好吃. 我想原因之一(不知道我的觀察有沒有誤), 可能是他們把不同口感的配料加在一起時, 有多家一道手續, 讓新鮮脆口的生菜, 烤熟的肉類, sour cream與其他配料均勻地被融合起來, 也讓滋味豐富了起來. 不像其他家的burrito, 一口咬下去, 就是飯, 或是豆類, 分得很清楚, 而沒有不同食材所帶來的多層次的口感.
Anyway. 附上這次進城照的幾張照片在下方.
🌻My happiness project: 年報財報導讀
股市對我來說像戰場; 年報財報就像是兵書. 而一家家公司的年報財報, 對我來說, 就像是故事書一樣, 述說著公司的成長營運軌跡. 做了這些功課後, 持股也會有信心. "Buy and do homework," 是我認為投資該有的態度.
下半年時間比較多, 所以想抽一點時間出來, 跟對看年報財報有興趣的投資人一起來讀資料, 順便藉此分享我是如何抓重點&透過年報財報來做思考的. 也想要藉此來宣揚看年報財報的好處&消除投資人對英文年報財報可能會有的恐懼感. Anyway. 這只是初步的想法. 若要實行也會是九月的事情了.
不過先錄了一段影片, 解釋我是怎麼做財報內容&電話會議內容整理的: https://youtu.be/vvkrs6CiWdw
🌻本周做的功課與閱讀
https://makingsenseofusastocks.blogspot.com/2021/05/blog-post_19.html
這次的閱讀中, 跟成長股比較有關的是這段. 目前成長股也被重新定價中, 所以建議成長股投資人在挑股的時候, 盡量找有現金流, 還有獲利的公司.
"That’s true even for the highflying growth stocks that have been getting hit so hard recently—as long as they have earnings. Adam Parker, founder of Trivariate Research, notes that following large growth selloffs, S&P 500 growth stocks with both free cash flow and expanding margins tend to outperform in the months ahead. That means favoring stocks like ServiceNow (ticker: NOW) and Advanced Micro Devices (AMD) over shares of Chegg (CHGG) and Twitter (TWTR). “Buy some growth stocks on the selloff, but they have to have positive free cash flow and margin expansion,” Parker says."
🌻投資金句
"I learned that you may be right, but if enough people believe you're wrong the markets can really hurt you." --BlackRock bond chief Rick Rieder
🌻The Future of Work
看到BofA寫的這一段, 覺得挺感動的. 這也是投資的目的之一, 能夠藉著這個方式, 來接觸到世界的脈動.
The Future of Work
Thematic Research
BofA Global Research
bofa.com
May 12: The future of work is not zero-sum between humanity and technology. We believe humans can collaborate with and work alongside robots, rather than be displaced by them, and that technology can create more jobs than it destroys. By 2025 alone, the WEF [World Economic Forum] thinks automation will add 12 million net new jobs, with robots eliminating 85 million jobs but creating 97 million new ones. Other grounds for optimism include: (1) 65% of children starting school today will work in jobs that have not been invented yet; (2) “new” collar jobs will be generated from well-placed thematic sectors like healthcare, renewables, new mobility, or even moonshot technologies; and (3) we might actually be more productive and have more leisure time if robots can relieve us of more mundane, repetitive everyday tasks. We have identified $14 trillion in market cap of enablers for the future of work. Technology, industrials, and medtech are some key beneficiaries. We also see opportunities in education and the upskilling/retraining of workers by corporates. Conversely, commercial real estate/offices and legacy transport are some of the sectors facing headwinds...
So, what are the truly futuristic jobs that could be invented? Data-privacy managers, nanomedicine surgeons, lab-meat scientists, blockchain strategists, space-tourist guides, freelance biohackers, AI avatar designers, 3D food-printer chefs, leisure-time planners, ethical algorithm programmers, and brain simulation specialists, to name but a few.
🌻Dividend Growers’ Allure
這段從股息的角度, 來講解傳統價值股跟成長股的不同處.
Dividend Growers’ Allure
Insights & Commentaries
Washington Crossing Advisors
washingtoncrossingadvisors.com
May 10: Buy quality stocks that increase dividends regularly. This simple strategy takes a long-term view of investing and focuses on the dividend, not the stock price. Passive income generated from dividend growth has two main benefits. First, it focuses your investment strategy on cash-generating, growing companies. Second, it tends to lead to quality businesses that are neither too young nor too old.
Why is this so? Almost by definition, a dividend-growing company tends to cover expenses with rising cash flow. And which companies do these tend to be? They tend to be profitable, established companies in the middle of their corporate life cycle. By contrast, young companies tend to be burning cash, constantly in need of capital, and face a higher risk of failure. Such young firms tend to not pay dividends at all as they are consumed with growth. On the other hand, older companies often funnel most or all cash to investors as dividends because viable investments can no longer be found. These firms are often in decline and offer little growth, often reflected in a high current yield.
Picture:
1. Chipotle內部. 可以看到有個取餐的架子. 餐廳人員也不時在電腦螢幕前, 看進來的訂單, 備菜.
2. 旅館外一區. 面向密西根湖.
3. CSX, Union Pacific的火車廂(這兩家都有上市)
同時也有10000部Youtube影片,追蹤數超過2,910的網紅コバにゃんチャンネル,也在其Youtube影片中提到,...
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ข่าวประชาสัมพันธ์..
แสนสิริ เสนอขายหุ้นกู้ด้อยสิทธิที่มีลักษณะคล้ายทุนฯ ดอกเบี้ย 5 ปีแรก 8.50% ต่อปี
บริษัท แสนสิริ จำกัด (มหาชน) หรือ SIRI มีแผนเสนอขาย Subordinated Perpetual Bond หรือ หุ้นกู้ด้อยสิทธิที่มีลักษณะคล้ายทุนฯ โดยการเสนอขายหุ้นกู้ด้อยสิทธิที่มีลักษณะคล้ายทุนฯ ครั้งนี้ เป็นการวางแผนด้านการเงินเพื่อรองรับการเติบโตในระยะยาวของบริษัท เพื่อให้เป็นไปตามเป้าหมายของการรักษาความเป็นเบอร์หนึ่งในเรื่อง “แบรนด์อันดับหนึ่งของคนอยากมีบ้านในวงการอสังหาริมทรัพย์ไทย” อย่างต่อเนื่...
Continue ReadingPress Release..
Sansiri offers to sell inferior loan shares with similarities. Interest 5 first 8.50 % per year.
Sansiri Public Company Limited or SIRI has a plan to offer Subordinated Perpetual Bond or Unintelligible Equity Equity by proposing to sell inferior equity equity with similarities. This is a financial planning to support the long-term growth of the company. To meet the goal of maintaining the number one in ′′ the number one brand of people who want to have a house in Thai real estate industry ′′ and maintaining a stable business growth.
Offer to the average investor worth not more than 3,000 million baht. Minimum booking of 100,000 baht and multiply 100,000 baht per time. Interest rate in the first 5 years equals 8.50 % per year. Pay interest every 3 months.
Sansiri is the leading real estate company in Thailand. It has been in business for more than 36 years. There is a project in Bangkok (90 %) and other provinces (10 %) covering all groups of single, townhouse and condominium. Niams include the price level that drilled Mass Market group from 1.2 million baht to Luxury items that drill high-income groups, including joint venture for condominium projects with big business groups such as venture. With BTS group and Tokyu Corporation from Japan
As Sansiri has a comprehensive project, all products help to diversify risks of companies. For example, if any cartel or product level is affected by the economy or popularity, companies are capable of having products that respond to a product or a price level of product. Another product group has made it not to lean on the income from the product or one customer group.
In addition to the main income from property development, the company also has income from other businesses to distribute risks.
1. Project management income and representative in buying, selling and renting through the company. Plus Property Company.
2. In 2017, the company expanded its business to foreign countries by acquisition of Hotel Chain named The Standard with hotels under international management such as New York, LA and London.
3. Investing in technology businesses through the Corporate Venture Capital of a company called SIRI Ventures to find investment opportunities in new technologies around the world.
Income and profit of Sansiri
Year 2017 Income 31,757 million baht. Profit 2,824 million baht.
Year 2018 Income 27,146 million baht. Profit 2,046 million baht.
Year 2019 Income 26,291 million baht. Profit 2,392 million baht.
Sansiri's results may be going up and down each year, depending on the delivery of the project each year.
In addition, the past investment started to make some profits to Sansiri for the first quarter of this year. The company recorded the profit of Co-working Space shares called JustCo by record profit of over 700 million Baht.
What is the plan for future Sansiri growth?
Sansiri has announced its goal to be 1th in the Plains (House and Townhome) project, which proceeds from Plains are relatively stable in comparison with condominium project to help fluctuate income. Less in the future
Including Expansion of The Standard Hotel and International Investments to continually expand the revenue base and distribute the company's risks.
In addition, Sansiri has a plan to push sales to grow to 120,000 million Baht within 3 years with strong proactive business plan. 3 ways include:
1. Plans to launch a new project that is tightly transformed to any situation. In half a year after assessment of scenarios, Sansiri has a business plan to move forward to launch 14 new residential projects to support 14 single houses. 6 Townhome and mix project 6 more projects worth 15,200 million baht, including 2 condominium launch plan. Total value of 2,500 million baht.
2. Good stock management. Now Sansiri has ready-to-sell products worth around 7,000 million baht, which is a balanced amount in the market.
3. Strong cash flow management and good liquidity allocated Cash Flow. The company's turnover is up to 10,000 million Baht. It's ready to run the business and is strong in every Council. The company has also scaled the 2563 sales target. Increased to 35,000 million baht, up to 76 % from the last year with total sales of 21,000 million Baht. Due to the result of the business just 5 months ago, it generated sales of over 22,000 million Baht. Growing to 168 % from the same period of the year before
For Sansiri's underlying loan, Sansiri will be reserved between 22-25 June 2563 The company's credibility ranks at BBB +/ Negative and the trust of the loan. At BBB-Ranked by Tris Rating on April 1, 2563
Important terms of inferior loan. The right that resembles the capital comprises.
1. The age of the stock loan is the loan. This time is the loan. No age of the shareholder has no right to give the loan to redeem the lender before the due to redemption. But the lender has the right to redeem 5 years.
2. How to get a refund. If the company finishes the business, this loan will have a decrease in debt after the general creditor, but before the ordinary shareholder.
3. The loan issuer has the right to postpone the interest. This loan, the loan shark can delay the interest by flattering to pay any day. No time and number of times. But if delayed the interest of the loan, the lender will be paid. Cannot announce or pay dividends to shareholders.
4. Interest rates will be fined every 5 years based on 5 years of government bond yield.
Interested people can ask for more information from 6 top financial institutions:
Bangkok Bank. Call 1333
Krungthai Bank. Call 0-2111-111
Kasikorn Bank. Call 0-2888-8888 Press 819
Siam Commercial Bank. Call 0-2777-6784
CIMB Thai Bank. Call 0-2626-7777
And the Bor. Finn cuddle p.m. Cyrus call 0-2658-9500
Or www.sansiri.com; call. 1685
Or more details can be found from the listing, bidding, and prospectus at www.sec.or.th
< Important Warning >
1. Understands of the right to resemble capital. High risk product. Investors should study and understand the product characteristics, conditions, returns and risks before making investment decision. Investment is risky. Please complete the information before making investment decision. Investors can be able to. Discover details from the listing and draft of prospectus at www.sec.or.th
2. Bond market in Thailand has low liquidity. Selling instruments in secondary market could be reduced or increased by depending on market conditions and demand.
Top 3. credibility of a regulator is just an investment decision-making data. Not an introduction of trading on a proposed bond and not a guarantee of the ability to pay the debt of an instrument and when the loan issuer stops paying interest. (In case the company is not informed. Postpone the interest of loan) or early money is default to pay the loan debt (default). If the loan issuer declares bankruptcy or defaults to pay the debt, the shareholders, and other creditors of the company, the loan will have the right north. Common shareholder of the company, issuer in the assessment of the credit risk of lenders, investors can see the results of the credibility ratings of the lenders or lenders (credit rating) provided by institutions. Risk rankings, making investment decisions if credit. Rating of low borrower or lender shows that credit risk of lenders or lenders is high. Returns of investors should be high to compensate for the high risk of lenders.Translated
long-term bond yield 在 Understanding yield and the effects of rising rates - YouTube 的推薦與評價
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