Its been an uneventful two months. I only increase my position in RMG. I am not sure if its me or there is just a lack of quality stocks on the market, I could not find an investment that I can put my money in.
There is one stock, Sarine Technologies, which I am interested in. However, the valuation seems steep, especially after Maybank ran an investment article on the company. My first encounter with this stock was in 2013 when the price was still below S$2.
Perhaps, I should spend more time scouring annual reports. Following this post I am going to talk more about some of the fundamental knowledge that aids me in my investment process. These includes macroeconomics, fund management and financial accounting.
NAV was flat in 2014. Fund's NAV in Mar 14 = S$516.02
