Author: B

As investors of Ascott Reit, the news surrounding is whether you will subscribe or reject the offers for a 1-to-5 rights issue at $1. The Management has stated its intention to use the gross proceeds of approximately S$253.7 Million from the Rights Issue in the following manner: (i) approximately S$204.9 million (equivalent to approximately 80.8%…

1,2,3…Set….Go. I’m sure all of us remember the day we started off our financial journey. We knew the road to financial success will be a long and daunting process yet at the same time we feel excited to finally get off the mark on a new adventurous journey. Those were the days. Roll forward to…

For some reason, I don’t usually get lucky in IPO balloting process, especially if they are those which are oversubscribed by many fellow retail investors. The latest incident was the SPH Reit. Balloted and failed. Another $2 wasted. This week, we have the “ValueMax Group”, one of the oldest pawnbroking chains in Singapore, launching a…

In case anyone is wondering why FCT share price did not gap up after it announces its results despite the record high 2.98 cents/share, it is because of the relatively poor operational performance in the 4th Quarter.  In fact, Net Property Income fell 5% for the quarter.  The main reason why the distributable income was…

We decided to splurge on a Sunday afternoon. And so we went to the Ritz Carlton famous high tea buffet in Singapore — Chihuly lounge. I really like the place and ambience of the lounge. It is spacious with a live classical music played to your ear. The staff is also attentive and friendly, which…

The known truth of the unknown is out – Money can never be enough. I am not talking about the Needs versus the Wants in this posting but rather the way of how we as humans perceive “Money”. He who loves money can never be satisfied about money. It is akin to looking at a…

I was recently offered a position in the finance department of a construction industry that pays in excess of 20% on top of my current salary. It tempted me without saying. I imagine having to earn an extra 20% a year and even through stocks or property that wouldn’t be easy. So having done the…

When SPH announces its FY13 results on Friday after market close, investors would be most pleased to hear that they will pay a final and special dividend of 15 cents/share, which is down 2 cents from the previous year of 17 cents/share. Combined with the 18 cents special dividends given earlier, it brings the total…

About a year ago, I’ve written an article about a movie called “click” (link here) which allows the user to travel forward in time in order to bypass the period in life which may seem monotonous, difficult and unpleasant. Yesterday, I’ve watched a movie with my wife (celebrating the end of my exam) called “About…