Special Dividends from Chuan Hup

Many shareholders, like myself, are pleased with the dividends from CH.
Unlike others, I would not claim to possessing any special foresight-- CH is just a company that was slightly out of favor, pays a decent dividend in the past. It is also the only reason why I have included it in my mother's portfolio. So I am just a recipient of incredible luck. I held this stock for well over 200 days.

Another company that was in the modest little portfolio is Teckwah which I have already sold. The problems are no longer there. This little portfolio only contains a few thousand dollars worth of Chuan Hup and Comfortdelgro. The latter has problems but that does not include paying dividends.

Based on time weighted returns, this portfolio beats the index handily, returning 31.38% over ES3's 21.3%.

You can have very decent results from buying based on book value and shareholder-friendly management

"Good News" Companies on SGX.

As of today, 7-August-2017, a couple of "good news" companies stood out. They are AEM Holdings (SGX:AWX) and Best World (SGX:CGN). Their earning power narrative continues despite worrying signs in their balance sheet, namely the receivables.

AEM registers a negative cash flow while Best World's cashflow is positive. Would be interesting to note this down and watch how they both end up, 1 year down the road.

I remain convinced that the stock market consistently overprice companies with brilliant prospects, and sometimes undervalued companies with dim ones. The latter, given an appropriate price, will often surprise you positively because of a number of outcomes in the future.

It is nice to buy profitable companies. The problem is that everyone knows who they are-- and it is tough to affirm if its profits are legit.