Deep Value Investing: The Capital Cycle Approach
Course Dates: 10 & 11 December 2019
Course Fee: $350* / *Early bird price valid until 3 December 2019 (U.P. $400)
SkillsFuture credit can be used for this course. Please click here for more information.
With effect from 19 May 2017, SkillsFuture Singapore will revise the SkillsFuture Credit claims processes. All SkillsFuture Credit payments by SkillsFuture Singapore will be made to training providers instead of individuals.
Please submit your claim via the SkillsFuture website first if you wish to use your SkillsFuture credit.
Everyone needs an investment philosophy. In this workshop, we will discuss on these 2 major strategies and how you can use this knowledge to begin constructing a market beating share portfolio.
Key Learning Outcomes:
1) Understand the key concepts and investment mindset required with long-term investing
2) Understand the theory of the capital cycle approach, looking at cycles using demand and supply forces
3) Understand the history of the property and banking industry in Singapore
4) Use the concepts of the theory of capital cycle to explain the cycles seen in the property and banking industry
5) Learn how to construct a portfolio
6) Uncover some common mistakes made by investors when starting out their own portfolios
Section A – What is Value Investing
1. Understanding the philosophy behind value investing
2. How value investing works
3. Key concepts when it comes to value investing
Section B – Market Psychology
1. To beat the market, we have to first understand ourselves; hence, the study of psychology
2. Understand the intricacies between the market and volatility
Section C – Focusing on Deep Value Investing
1. What is deep value investing
2. Deep value investing strategy
3. Case studies of stocks matching the deep value investing strategy that worked
4. Case studies of stocks matching the deep value investing strategy that did not worked and why it did not work
Section D – The Capital Cycle Approach
1. What does the theory of the capital cycle mean
2. Understanding the history of the Singapore property industry
3. How do we apply the capital cycle approach to the Singapore property industry
4. Case study on how we analysed a Singapore property developer
5. Understanding the history of the Singapore banking industry
6. How do we apply the capital cycle approach to the Singapore banking industry
7. Case study on how we analysed Singapore banks
8. How do we apply the capital cycle approach to the retail industry
9. Case study on how we analysed the retail industry
Section E – Portfolio Construction
1. What is portfolio construction
2. Importance of having an investment checklist
3. What are some good checks to have in terms of your own investment checklist
4. Commonly asked questions when investors are first starting out a portfolio
Goh Tee Leng
Goh Tee Leng is the Portfolio Manager of Heritage Global Capital Fund, having over five years of experience in the financial markets and author of InvestingNook.com. He is also the Director at Tat Hwa Group, a privately-held, family-owned investment holding and management company, serving as the foundation of the Group’s umbrella of companies and subsidiaries. Additionally, he is a frequent speaker at investment conferences held by SGX, RHB and CIMB, and his investment-related articles have been published internationally. Tee Leng graduated with a BSc (Hons.) Economics degree from University College London (UCL).
With effect from January 2016, Singaporeans aged 25 years and above who received their SkillsFuture Credit account activation letter will be eligible for an initial credit of $500 which can be used to pay for course fees for a range of eligible courses. SkillsFuture credits can be used for this course.
For more information, please refer to SkillsFuture website.
The Financial Training Scheme (“FTS”) provides funding for financial sector-specific training programmes which are recognized under FTS. This scheme is only eligible for company-sponsored participants who are Singapore Citizens or Singapore Permanent Residents, physically based in Singapore, and who have successfully completed a FTS programme. Financial Institutions (MAS licensed or exempt entities), involved in or supporting financial sector activities, are eligible to submit claims for company-sponsored participants.
For all FTS programmes commencing on or after 1 July 2016, Singapore Citizens aged 40 years old and above will be eligible for 90% co-funding of direct training costs, subject to existing grant caps of S$2,000 per programme. Singapore Permanent Residents and Singapore Citizens below 40 years old will continue to be eligible for 50% co-funding of direct training costs for FTS programmes.
For more information, please refer to IBF website.
For further enquiries, please email email@example.com or call 6327-5438.
(Operating Hours: 9.00am to 5.00pm)
Terms and Conditions
Singapore Exchange reserves the right to make changes to the time, date, syllabus, speakers, venue or cancel the course if warranted by circumstances beyond its control.
Cancellation and Transfer Policy
Cancellation for a registration must be made in writing at least 10 business days before the event and a refund (less a 10% administrative fee of total course fee) will be made. No refunds will be given for cancellations received less than 10 business days prior to the event. All requests for replacement must be made in writing at least 3 business days prior to the event.
Register online and make payment via credit card by clicking on the “Register” button.
Alternatively, you may wish to make payment by cheque, made payable to “SGX Academy Secretariat“. Please mail your cheque to the following address:
SGX Academy Secretariat
160 Robinson Road
Please provide your name, email, contact number, event title and date on the reverse side of the cheque. Enrolment is contingent upon receipt by Singapore Exchange of full payment and availability of space in the event. A confirmation note will be sent via email 10 business days before the seminar/course commences.