Catalysts and PNE Industries update

I like to think I’m aware of some of the biases that hurt investors: hindsight bias, consistency bias, anchoring, etc. Unfortunately being aware of biases doesn’t stop you from experiencing them. Buffett compares investing to shopping for groceries: if you’re going to be a net buyer of groceries and stocks, you want prices to go […]

LanTroVision: finally ready to return cash?

Sorry for the lack of posts lately. Finding new stocks to buy has become quite a challenge. Perhaps I will write a few posts about stocks I ended up rejecting if the lack of bargains persists. I did buy one new position this week though: LanTroVision (SGX:Q7W) has joined my basket of cheap Singapore small […]

Jason Marine: another net-net in Singapore

Recently I have been looking at a bunch of Singapore listed stocks. I already owned one Singaporean net-net, PNE Industries and have since picked up two more. In this post I will discuss the first one. Jason Marine Jason Marine (ticker: SGX:5PF) is a marine electronics systems integrator and support services provider for the marine […]

PNE Industries

PNE Industries (website) is a net-net listed in Singapore. The company has two segments: Contract manufacturing: the manufacturing of electronic controllers, transformers, and other electrical and electronic products Trading: the manufacturing and trading of emergency lighting equipment and lithographic plates, used for off set lithographic printing The latest financial data are from March 31, 2013 […]