2nd Chance Properties

[AlphaQuant]

on a side note, it seems like most of the counters i have invested in are finding it harder to make money nowadays due to higher opex and lower margins.. sigh...
(vested)

i've came to the same conclusion after the spate of firm earnings.
and that's the problem with the stock market valuation now, i think.

local firms with biz overseas are getting screwed on the strong sgd
local firms with biz locally are getting screwed with the rising labor/rental costs

valuation cannot rise faster than earnings sustainably
earnings cannot rise faster than productivity sustainably.

says a lot abt my view on local equities...