Eagle

Dear Fellow Investor,

Dolly and I just returned from  a short holiday to Taiping and Cameron Highlands. The weather was great- cooling with  light rain in both places.  Being a triple holiday crowds were heavy in Cameron Highlands but light in Taiping.

The high point of our trip was our visit to the eagle sanctuary in Sepetang which is on the coast and about 20 km from Taiping.  There were lots of red eagles and we enjoyed watching them swoop down from the sky to catch small fish.   

The boatman used an eagle call which looked like a small trumpet to summon the eagles.

For 2016 we must invest like the eagle. We must look for undervalued companies off the radar screen. These would preferably be small/ mid caps .  When the opportunity emerges we must swoop like the eagle for the juicy  fish.

The eagle by the way is  a fearless bird with sharp vision and focus and is a master in capturing its prey.

Opportunities will emerge but patience and vigilance will be part of the game plan. Every day we filter for 18 day line changes and then we look at the financials. The 18 day line change is like the eagle call which summons us to dinner.

I read in the Edge today that Collier’s Global Investor Outlook 2016 places Singapore on the top of the Asian list for 2016 citing deep value at reasonable prices. This includes property as well as equities.

This Sunday I will write a more detailed report on investment opportunities in 2016.

Have a happy and prosperous 2016 New Year