Showing posts with label peter lim. Show all posts
Showing posts with label peter lim. Show all posts

Saturday, 6 June 2015

Take risks (but protect yourself) - Peter Lim


Image Credit: futbolfinanzas.com

Image Credit: futbolfinanzas.com
Much of Lim’s wealth was the product of an unlikely venture. His single investment of US$10 millionin Wilmar, an Indonesian palm oil startup, seemed far from promising in the late 90s, when Indonesia was facing political and social unrest. At the time, the currency fell from 2,500 to 16,000 rupiah against the US dollar. But against all odds, Wilmar began to pick up the pieces and Lim’s faith in the company paid off — in 2010, he cashed out his shares for US$1.5 billion.
“My Indonesian partner was asking me the other day: ‘How the hell did we make so much money?’
Up to a point after people tell you a story and a vision, don’t write it off. Sometimes it comes true. You just make sure that if it doesn’t come true, you don’t get hurt too much.”
(Source: The Business Times, AsiaOne News)


 https://sg.news.yahoo.com/8-wise-lessons-wealth-singapore-053251357.html

Comments:

1998. US$10 million
2010. US$1,500 million (1.5 billion)
Period 12 years

Compound Annual Growth Rate:
51.82%. (WoW.  :cash:)


2015.  US$ 3,000 million (3 billion). His present net worth.
CAGR from 2010 to 2015.  14.87%

CAGR from 1998 to 2015.  39.87%



He bought Wilmar in 1997/1998.
It was at the time of the Asian Financial Crisis.
Prices of stocks were very low.
Indonesian currency and regional currencies were at historical lows compared to US dollars and Singapore dollars.
He made a big investment.  (Fat pitch when the opportunity came.)
He was in the position to make this investment and he took the risk, knowing his downside was protected. (My analysis.) (Luck = preparation + ability to seize opportunity when this presents)
He stayed with the company long term (12 years).
He cashed out in 2010. (Perfect timing or pricing.  How did he do this?)
Since 2010, he has grown his wealth around 15% per year, doubling in 5 years.

There are many lessons one can learn from this investing behaviour of Peter Lim (almost sounds like Peter Lynch).  :-)



For references.
CAGR
61.41%      (Land - short term frenzyl)
8.14%        (Property capital appreciation)
9.75%        (Plantation capital appreciation)
17.79%       (Land - long term)
9.65%         (Property Total Return)
10.61%       (Plantation Total Return)
15%+          (Equity)
Unlimited     (Business)


Thursday, 16 December 2010

Secrets of successful investing by former king of remisiers: Prospect, Patience and Invest for Long-Term.

Secrets of successful investing by former king of remisiers
Peter Lim, also know as former King of Remisier.



His secrets are...... Prospect, Patience and Invest for Long-Term.

He looks at sectors.

If palm oil is good, then invest in palm oil sector.

Another key reason for his success, according to him, is Patience.

He does not subscribe to buying one day and selling the next to cash in.

His advice is to invest with a longer-term mindset. Buy a good stock and leave it for 10 years, the return can be many times.

His minimum length of investments are five to six years, or even 10 to 12 years.

Palm oil giant Wilmar International,, which he invested with US$10 millions in the early '90s. It is worth some US$700m now.

He is a Singaporean, and popularly known as the former king of remisiers, made his fortune as a successful stockbroker in Singapore in the 1980s..

Recently he made headline in UK football arena by offering to buy Liverpool football club which he failed. Subsequently the club was bought by American.

Friday, 11 September 2009

Peter Lim is 7th on S'pore rich list

This remarkable chap made his money from investing in stocks. To emulate him:

1. You would need to have accumulated a large capital to invest.
2. You would need to have the opportunity to invest a large amount into Wilmar or a similar vehicle at the opportune time.
3. You would need to stay invested in the stock long term to savour the gains.

----

7. Peter Lim
(Up) US$1.5 billion INVESTMENTS
56. Married, 2 children
Former stockbroker, now full-time investor gets bulk of fortune from stake in Wilmar, started by former client Kuok Khoon Hong (No 3). Other stakes in fashion retailer FJ Benjamin, brewery restaurant Brewerkz.

http://www.theedgemalaysia.com/business-news/149108-update-robert-kuoks-nephew-3rd-on-spore-rich-list.html