Thursday, October 29, 2020

Notice for EGM of SillyInc

Dear Readers, 

Notice of EGM hereby issued. The company seek the mandate to go beyond 10% of the holding in overseas market. As SillyInc expand the radar, It is quite likely that Hong Kong Exchange counters will exceed 10 percent of porftolio very soon. 

Singapore will remain the core and majority of the portfoilo for years to come. Beyond Hong Kong, Silly Inc has made a maiden investment in AT&T and might invest further if the price is right, so it is very unlikely that SillyInc can be a pure local player 

Some of the Hong Kong Counters vested

1) Lonking 3339

2) HSBC 0005

3) SinoPec 0386

4) GA pack 0468

5) Cosco Ship Int 0517

Those in watchlist include

1) APT Satellite 1045

2) Stella Holding1836

3) Ping An Insurance 2318

4) ICBC 1398

5) Tracker Fund 2800

US companies will play a second fiddle to Hong Kong Market. Silly Inc Board of directors wish to assure readers that the company is not looking to chase the tech giants, and many of the companies the company is looking at are near the 52 weeks low.

Of the Hong Kong counters, most counters are screen through various metrics like dividend yield, PB, PE, Margin, Current Ration, Debt to equity ratio etc. before running through the various websites and industry news to get a better idea of their business and growth areas or turnaround areas 

Lonking is in the construction machinery demand business, infrastructure stimulus is usually what China do to boast the economy. The company 1H profits is at par with last year and yet is price is languishing at 52 weeks low. 1H is the period where China undergoes a few months of Lock Down and disrupted the construction industry and if 1H profits hold, we can be confident about the end year results. 

HSBC and SinoPec are opportuntist investment. HSBC went through a few whammy. Suspension of dividends, profits fall due to low interest environment and damning reports that they might have helped to move illicit funds. Of the three, I believe only the second reason is of real concern and no quick fix, despite their restructuring efforts. 

SINOPEC, I shall not repeat what ROLF says in his post, but some quick verification of his findings and the latest results of sinopec does inspire confidence to take the plunge. 

HK account is the only investment account that is in the green in this depressing COVID environment.


We now owned sembcorp marine due to the demerger exercise.

We added Keppel and with SembCorp Industries, we are betting on the whole O and G sector and Singapore move to restructure it to include renewables/ LNG. 

We increase our stake on Capitaland, SingTel, SingPost and HONGKONG Land

We initiate positions on SATS, ASCOTT

We reduce our position on Silverlake, taking impairments/ loss to the portfolio to rebalance the portfolio such not a single counter exceed 10% of the portfolio, either by market value or Cost, whichever is higher. In fact, only 3 counters exceed 5%, and they are SCI, ST eningeering, and Silverlake. We will continue to look to keep and well diversified porfolio through Cash, CPF and SRS.

The company is now 20% cash and 80% equity, excluding funds from CPF available for investing, and liquidation of cash products. We believe we are in a good place to navigate the market. Including all funds for investing, we are comfortable to increase cash holdings to 50% if necessary, although company has no plans to raise cash, unless market went beyond March Low. 

Total Portfolio is Down 5.6%, excluding dividends which we believe outperformed STI index YTD or 1 year time frame and is on par with 3 year time frame. 

Looking forward to your "Approval" during EGM 



  1. Because of my zeal to give my family a better life, I searched for how to invest in bitcoin so I can earn more money, I came across Legit Crypto Traders email address and I emailed them to guide me on how to invest in bitcoin and they explained everything to me it's was simple and then I invested $1,000 dollars and 5 days after I got $10,000 dollars I was very happy because now i can take good care of my family. If you want to invest in bitcoin Email them now at or WhatsApp +1(256)251-3614 and you can invest with any amount of money such as 

    $100 dollars to get $1,000 dollars 

    $200 dollars to get $2,000 dollars

    $500 dollars to get $5,000 dollars

    $1,000 dollars to get $10,000 dollars

    $5,000 dollars to get $50,000 dollars

    $10,000 dollars to get $100,000 dollars

    $50,000 dollars to get $500,000 dollars

    $100,000 dollars to get $1,000,000 dollars

    1. Bitcoin bulls are optimistic again and for good reason we have seen the price trading around $10k support level strongly, Nevertheless, for some days bitcoin has been moving in a close range between $9,800 and $10,200 area and If bulls are able to push the Bitcoin price above this resistance level in the near-term, it will likely ignite an upwards movement that would send it straight towards $11k – $12k level. Well bitcoin has been one of my source of income and it’s been successful because i was smart enough to find the right strategy/daily signals to trade with ever since the last bear market, alex has been providing me with his daily signals and also guidance to trade, again i was able to grow my 1.5btc to 8btc within three weeks of trading with Alex daily signals, i must say no time is ever too late to buy and start trading. Alex can be reach via E-mail:
        WhatsApp: +1(929)390-8581 for inquiries into profitable trading systems.  

  2. I came across this link on insurance policy, hope can provide more insights.

    insurance policy

  3. I would like to let all know that the size of your Penis really matters in your relationship or marriage. I got married to my wife about 1 month after we met on a photo studio, we lived happily for the first 3 months of our marriage until i and my wife started having quarrels at home because i couldn't satisfy her on bed with my little penis. Actually my penis was very small, it measured about 4.5 inch long on erection and i am 39 years old. My wife said it was forbidden by the women of this world. My wife started sleeping with other men outside. Sometimes i will return from work without finding my wife at home and whenever i call or ask her where she was, she will always snub at me and sometimes just tell me to go get a larger dick. All this continued for a long time and it hurt me so much that i was at the edge of breaking up on the marriage till when i read about a doctor called DR.AFRID. online. I never thought i could smile and be in a happy marriage again if not for the help of DR.AFRID. I got the doctors Emails:( ) on the internet and i emailed him, and he got back to me with some encouraging words, he got me some herbs cream which i use for just 8 days and i began to feel the enlargement of my penis, and without surgery. This went on for a little period of about 10 days and to my surprise my wife keeps screaming that she love my big dick now. Now my wife no longer cheat on me, and my penis is now about 10.5 inches long on erection and off course very large round. And now my wife uses breasts, hips and bums enlargement. I and my wife are very happy for the help rendered to me by DR.AFRID , and i want to say a big thanks to Doctor for the help. You can contact the Doctor now on his Email:( ) Am thankful to the doctor for helping me. his whataspp number +2349057260738 DOCTOR AFRID CAN AS WELL HELP THE FOLLOWING PROBLEMS 1. HIV/AIDS SPELL 2. HERPES SPELL 3. CANCER SPELL 4 IF YOU WANT YOUR EX LOVER BACK SPELL 5 IF YOU NEED A BABY SPELLhim to solve 6 LOW SPERM COUNT SPELL get all your problem solve. No problem is too big for him to solve.  

  4. BITCOIN, BINARY OPTION: Please everyone should be careful and stop being a victim by all these brokers and account managers, they scammed me over $ 140,000 of my investment capital, they kept on requesting for extra funds before a withdrawal request can be accepted and processed, in the end, I lost all my money. All efforts to reach out to their customer support desk had declined, I found it very hard to move on. God so kind I followed a broadcast that teaches on how scammed victims can recover their fund, I contacted the email provided for consultation, I got feedback after some hours and I was asked to provide all legal details concerning my investment, I did exactly what they instructed me to do without delay, to my greatest surprise I was able to recover my money back including my profit which my capital generated. I said I will not hold this to myself but share it to the public so that all scammed victims can get their funds back,  Notice: If you are looking for a professional hacker to provide hacking solutions on Recovering Scammed funds, increase your Credit score and top up your Credit Card to any amount,  Bitcoin Lost funds recovery, Social media hacks  Bitcoin mining, DMV database and a lot more, search no further.  hire them now by 

    WhatsApp: +1 (385) 273 0329

    visit their website to read more about them:

    Thank you very much for curing my Human Papillomavirus (HPV) totally. You are really a Godsent, I promise you that I will always recommend you. and to share your testimony to people. Contact him now thanks all. 
    1: HIV/AIDS
    2: HSV
    3: LUPUS
    4: ALS
    8: CANCER
    9: PAD
    11: THYROID ETC..  
    WhatsApp him on +2348132777335 or email ( 

  6. I have been a herpes carrier for 2 years and I tried every possible means of curing but all of no useful until I saw a health promotion on a herbalist from West Africa who prepares herbal medicines to cure all sorts of diseases including #HSV and many others sickness but look at me today am very much happy and healthy, I'm telling you today don't lose hope keep trying God is with you, If you needs Dr.Chala help contact him on his email or you can visit his website on or

  7. Thanks for the informative article! waiting for your next post.- best life insurance company in singapore

  8. Do you need to increase your credit score?
    Do you intend to upgrade your school grade?
    Do you want to hack your cheating spouse Email, whatsapp, Facebook, instagram or any social network?
    Do you need any information concerning any database.
    Do you need to retrieve deleted files?
    Do you need to clear your criminal records or DMV?
    Do you want to remove any site or link from any blog?
    you should contact this hacker, he is reliable and good at the hack jobs..
    contact : cybergoldenhacker at gmail dot com