$Berkshire Hathaway(BRK.B)$What's That? ° IIRC, Intrinsic Value (IV) a term either coined or popularized by Benjamin Graham (Warren Buffett 's 师父） ° It helps fundamental investors to put a value to a stock & use it as a basis for buy/sell decisionsWhy Is It Useful? ° BRK have a huge pile of cash & does share buybacks below IV ° Prior to Jul-18, the benchmark used was 1.2 x NBV per share but this had been shifted higher but not made known (else, they hardly get to do any buyback as investors will grab the shares the moment it drops below IV)I'm Still Listening ... ° My estimate is 1.3 x NBV / share, ° Look at the 30% Column (Pink) & Buy Back Column (Yellow) for correlation, prior to '20 °

$Altimeter Growth Corp.(AGC)$For investors / traders of AGC, do take note of shares releases from July. Current number of AGC SPAC shares is low compared to what's going to be freed. Fm now till July, I'd expect AGC share prices to have volatile swings but will unlikely go below $10, the SPAC IPO price(?). This is also the PIPE price & unfortunately doesn't provide a higher base price support (unlike other SPACs with PIPE at $15). If prices should go up a lot, do note that fm Jul, there'll be a huge multiple of shares which may flood the mkt. The higher the price, the stronger would be the temptation by Grab employees to take profit.Just sharing my thoughts which are usually NOT correct. In the meantime, let's co

$KEPPEL INFRA TRUST WEF 2015(A7RU.SI)$Why Invest in KIT? •Yield = 6.8% @ $0.545 • Stable Distribution, Payout twice a year • FCFE > DPUWhat Do They Do? • Infrastructure like Power, Gas & Water, mostly government concessions for fixed terms & profit margins. • Recent acquisitions provide diversification into non-concession based business.Very Scary, Huge Losses in FY20!! • They're asset heavy, Depreciation Expenses are very hefty & Net Losses in their Income statements are not unexpected. • As KIT is a Business Trust & are allowed to pay out 100% of available cash flow, we should look at FCF (Free Cash Flow) instead, • FCF = OCF - CAPEXMore importantly, we're more interested in DCF (Distrib

$Berkshire Hathaway(BRK.B)$ Background • In my 1st Post in B/May after their Q121 Results, I posted on why their IV is 1.3 x NAV • In my 2nd Post in B/Aug after their Q221 Results, I posted on why their IV may be as high as 1.435 x NAV • With Q321 Results just announced, this post will expand on this topic Q321 Results Figures for Computing NAV Shares BuyBack for Q321 Compilation & Computation Observations •This is the 2nd Consecutive Q where their Average Monthly Share Buyback Price is Higher than my Original 1.3 x NAV Estimate. ---> Not as High as 1.435 x NAV for Q221 but still 1.351 x NAV for Q321. • Useful Reference Prices in Q421 for me, ---> $279.24 (1.3x) - For BUY, up to this price ---> $290.19 (1.351x) - Fo