Oil prices continue its downward spiral following OPEC decision to maintain production at the current level. Year to date, it has dropped more than 35% from its peak at $110/barrel to its current of $68/barrel. As a result, this has send O&G stocks going spiral downwards and bloodbaths across the market. If you must buy…
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OUE LTD – Divestment of Crowne Plaza Changi Airport & Extension
OUE Ltd has just announced a proposed divestment sale of their crown jewel in Crowne Plaza Changi Airport (CPCA) and the future extension of Crowne Plaza Changi Airport (CPEX) to OUE-HT for a sale consideration of $290 million and $205 million respectively. Based on the assets valuation as of 31 Dec 2013, this would translate…
“Nov 14″ – SG Transactions & Portfolio Update”
No. Counters No. of Lots Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. FraserCenter Point Trust 30 1.90 57,000.00 20.0% 2. SembCorp Ind 9 4.62 41,580.00 15.0% 3. Vicom 6 6.40 38,400.00 14.0% 4. China Merchant Pacific 40 0.99 39,600.00 14.0% 5. Ascott Reit 15 1.27 19,050.00 7.0% 6. Mapletree…
Recent Action – Stamford Land (2)
I accumulate a little more of Stamford Land today after the stock price consolidate at around $0.55. With this purchase, I now own 10 lots of Stamford having accumulated some in the past. I’ve also written a post in the past when I purchased them at a slightly higher price. See Here The fundamentals have…
Do you have what it takes to withstand the bear market?
I wrote a post last month regarding how Bear market will make you rich, if you are willing to accept that price volatility is part of the investment game. Of course, as Musicwhiz has pointed out right at the end of the comment, the business moat should not be adversely affected by the recession that they…
Do we really need more time?
Following is a sequel to my previous post on Do you know your real hourly wage. A lot of people grunts at the idea of the notion of lack of time, which at times sounds like a little flimsy excuse to being either unproductive or just simply the case where you are being overloaded. So you…
Do you know your Real Hourly Wage?
If you had read this book “Your Money or Your Life”, you would know that the author came up with a formula adjustment to calculate the Real Hourly Wage. This means that on top of your physical mandatory hour in the office, you need to include some of the intangibles such as commuting costs, clothing costs,…
The Firefighter gene way of investing
Imagine this scenario. Your neighbourhood house is on fire, and there were helpless children inside the house. Do you run to the fire and save the day or do you run away from the fire thinking it’s none of your problem? Firefighter gene The same applies to Investing. Do you have the firefighter gene…
IPO – TransCab Holdings Review
I am usually not that interested in participating in an IPO. In my investing journey thus far, I have only participated in two of them, both which I have failed to get them. This review is on the back of request from my friend who seems to be interested in the company. So let’s see…
If you were to choose only one – Passion or Money?
Based on the research studies, almost 90% of the people carves their career for the sake of money, not passion. I am not too surprised by the statistic to be honest. Look around your circle of friends and you can see evidently who works for passion or who works for the sake of bringing food…