Category: Uncategorized

In a frenzy fueled by Central Bank stimulus on worries about slowing economy, many of the benchmark treasury yield across the globe have went to record low while some have even delved into negative territory. When an economy is slowing and faltering, it is common practice that the Central Bank exercises monetary policy to cut…

There are many ways on how to value a company using the different methodology school of thoughts.  I had previously wrote an article about two of the methodology which you can view over here. One of the valuation methodology, Discounted Cash Flow (DCF) is one of the most commonly used across investors for many reasons. The…

If I didn’t see my HR sending me emails reminding us to complete our mid-year appraisals at work, I wouldn’t have noticed that we are already mid year through 2016. It seemed that it was just yesterday that we began the new year but now here we are, today. Towards the end of the year…

Contrary to popular belief, you don’t have to have a degree in economics or finance in order to achieve financial independence. There are a lot of courses out there that sells on scheme on how to get rich quickly but they might not be feasible to most people. You’ll be surprised to learn that obtaining…

There was an article I read online which depicts on how the norms look at financial independence and what their perception is. You can read it here. “If only I had a million dollar right now, I would right away resign from my current job”…  This was what everyone had in mind when they think of…

Flirting over money issues can ruin a potential marriage life.  There are many couples that have conflicting money values that there can often be arguments seen on how a household should save and spend money. The common belief that men should handle all the financial planning while the women handle the day to day chores…

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. OCBC 6,000 8.45 50,700.00 13.0% 2. Kingsmen 80,000 0.63 50,400.00 13.0% 3. Ho Bee Land 22,000 2.19 48,180.00 12.0% 4. China Merchant Pacific 45,000 1.01 45,450.00 12.0% 5. IReit Global 62,000 0.72 44,640.00 11.0% 6. ST Engineering…

Manulife Reit balloting results just came out in late evening which I thought I will just update here. If you would like to see my earlier analysis on the IPO, you can view here. The Placement tranche of 350,782,200 units were oversubscribed and 45,787,100 units for the public offer were 1.6x oversubscribed. This actually pales in…

We are almost half way into the end of the first half of the year so I think it’s good that we do another round of review on the latest S-Reits universe update. For those who are interested in the last quarterly update, you can view them here where the theme was on gearing and sensitivity risk of…

I spent the weekend reading the prospectus of Manulife Reit as part of my case study to understand the different set up for Reits better and thought I’ll summarized my findings below. You might recall in late July last year, Manulife was planning to launch their Reits IPO but pulled out towards the end due…