Empowerment (Standalone Courses/Workshops)

✓ The Investment Process and Stock Selection
✓ Fundamental Analysis and Technical Analysis
✓ The Strength of Fundamental Analysis in the Stock Selection
✓ The Top Down Approach of Fundamental Analysis
✓ Economic Analysis, Industry Analysis and Company Analysis
✓ Economic Analysis and Indicators that impact the Stock Market
✓ Industry Analysis – Life Cycle Concept and Factors Impacting Specific Industries
✓ Company Analysis – The Qualitative Aspect. Commodity Type of Businesses and Businesses with a Durable Competitive Advantage/ Consumer Monopoly
✓ Company Analysis – The Quantitative Aspect. Reading an Annual Report, Balance Sheet, Income Statements and Cash Flow Statements. Financial Ratio Analysis. The Basic Evaluative Ratios Test (BERT) for Stock Selection
✓ Stock Valuation Using the Income Approach, The Earnings Approach and The Asset Approach, Techniques for identifying undervalued and overvalued stocks.
✓ Benjamin Graham’s Techniques of Valuation Using Earning Yields and Price to Asset Multiples.
✓ Benjamin Graham’s Earnings to Asset Trade-Off Multiplier for Defensive Investing.
✓ Reading An Annual Report of a Property Company
✓ Actual Valuation of Selected Stocks in an Industry for Stock selection.
✓ Benjamin Graham and Warren Buffet’s VALUE INVESTING SECRETS!
✓ Benjamin Graham’s Margin of Safety Concept and Intrinsic Value of Calculation
✓ Exercise on Calculating the Intrinsic Value of a Stock. Class Exercise
✓ Warren Buffett’s Dichotomy of Business. The commodity like Business and the Consumer Monopoly with Toll Gate Characteristics. Class Exercise.
✓ The Equity Risk Premium Model for Stock Market Valuation
✓ Outlook for the US, Singapore and Malaysian Stock Markets in 2015

Mr Robert C S Tay is a Trading Representative with UOB Kay Hian Securities Pte Ltd. He has 25 years experience in international currency and deposit broking, stock broking, investment management and securities research. His past appointments include: Investment Manager, of Phillip Securities; Director of Phillip Securities Investment Research, Investment Manager of DBS Securities, Research Manager of Morgan Grenfell Asia Securities. Mr Tay is a frequent conference speaker on investment management and strategies and is often invited by the media to comment on the stock market and economy. Mr Tay conducts courses and workshops for SGX, IBF, NUS, SIAS and other financial institutions. He served on the Education Committee of SIAS and was the lecturer and the examiner for the SIAS investment analysis program. He has a BA in Economics and Sociology from the University of Singapore and an MBA from the University of New South Wales.

A 2 day weekend seminar

SGD 600

✓ An overview of fundamental analysis
✓ Economic, industry and company analysis
✓ What to look for in a company’s annual report
✓ The qualitative aspect, the industry, the business, the market
✓ Is it a good business? Would you do it?
✓ 12 criteria for a good business
✓ Warren Buffett’s typology of business
✓ Is the business a commodity business?
✓ Is the business a consumer monopoly?
✓ The quantitative aspect – Financial statement analysis
✓ The financial statements in an annual report
✓ The balance sheet, income statement and cash flow statements
✓ Financial ratios and analysis
✓ Three Methods for Share Valuation
✓ Income Method, Earning Method and Asset Method
✓ Dividend Yield, Price Earnings Ratio, Price to book
✓ Trend analysis and cross section analysis
✓ The industry average and the equivalent ratios for deciding “fair value”
✓ Theory and practice: Exercise on annual report of a company and IPO prospectus

Mr Robert C S Tay is a Trading Representative with UOB Kay Hian Securities Pte Ltd. He has 25 years experience in international currency and deposit broking, stock broking, investment management and securities research. His past appointments include: Investment Manager, of Phillip Securities; Director of Phillip Securities Investment Research, Investment Manager of DBS Securities, Research Manager of Morgan Grenfell Asia Securities. Mr Tay is a frequent conference speaker on investment management and strategies and is often invited by the media to comment on the stock market and economy. Mr Tay conducts courses and workshops for SGX, IBF, NUS, SIAS and other financial institutions. He served on the Education Committee of SIAS and was the lecturer and the examiner for the SIAS investment analysis program. He has a BA in Economics and Sociology from the University of Singapore and an MBA from the University of New South Wales.

A 2 day weekend seminar

SGD 600

✓ Technical Analysis: A methodology for stocks and/or futures transaction timing.
✓ Candlestick Charting vs Traditional Bar Charting
✓ The Advantages of Candlestock Charts
✓ The Visual Impact of Candlestick Charts and the Ease of Identifying Data Relationship
✓ The Basics of Candlestick Charts. Trend Representation. Three Lines Up, Three Lines Down, The Body (Jittai), Shadow (Kage), Long Days, Short Days, Bald Head (Morubozu), Cross (Doji), Star (Hoshi), Paper Umbrella (Karakasa)
✓ Munehisa Honma and the Sakata School of Candlestick Charting. Honma’s Principle of Three (San), Three Mountains (San-Zan), Three Rivers (San-Sen), Three Gaps (San-Ku), Three Soldiers (San-Pei), Three Methods (San-Poh)
✓ Nison’s Contribution to candlestick Charting.
✓ Reversal Candlestick Patterns: Types of Pattern, Graphics of Pattern, Recognition Guidelines, Psychology underlying the Pattern. The Hammer (Tonkachi), The Hanging Man (Kubitsuri), The Engulfing Pattern (Tsutsumi), The Inside Day Pregnant Pattern (Harami), The Inverted Hammer (tohba), Shooting Star (Nagare Bushi), Piercing Line (kirikomi) and the Dark Cloud Cover (kabuse), Doji Star, Morning Star, Evening Star, Morning Doji Star, Evening Doji Star, the Abandoned Baby (Sutego), Three White Soldiers (San-Pei) and Three Black Crows.
✓ Continuation Candlestick Patterns: Upside Tasuki Gapa, Downside Tasuki Gap, Rising Three Methods, Falling Three Methods. Upside Gap Three Methods, Downside Gap Three Methods, On Neck Line, In Neck Line and the Thrusting Line.
✓ Trend Determination and Candlestick Charts. Trendlines, Moving Averages and Bollinger Bands.
✓ Technical Filters on Candlestick Charts. Wilder’s RSI and Candlestick Charts
✓ Derivative Candlestick Charting Techniques, Moriss’ Candle Power Techniques Combining Candlestick Charting with Volume
✓ Charting Software Systems and Data Providers for Candlestick Charting.

Mr Robert C S Tay is a Trading Representative with UOB Kay Hian Securities Pte Ltd. He has 25 years experience in international currency and deposit broking, stock broking, investment management and securities research. His past appointments include: Investment Manager, of Phillip Securities; Director of Phillip Securities Investment Research, Investment Manager of DBS Securities, Research Manager of Morgan Grenfell Asia Securities. Mr Tay is a frequent conference speaker on investment management and strategies and is often invited by the media to comment on the stock market and economy. Mr Tay conducts courses and workshops for SGX, IBF, NUS, SIAS and other financial institutions. He served on the Education Committee of SIAS and was the lecturer and the examiner for the SIAS investment analysis program. He has a BA in Economics and Sociology from the University of Singapore and an MBA from the University of New South Wales.

A 2 day weekend seminar

SGD 600