From the 1H FY2017 financial results below, we can see how much the current economic downturn has hurt the luxury business. On a positive note, the Group’s balance sheet remains robust with consolidated net assets …
Continue readingThai Beverage Breaks Down from Descending Triangle
Thai Beverage has always been in my stock watch list (Most people drink beer in good times and bad times right?). I have always wanted to own a beer company in my stock portfolio and …
Continue readingPOSB Offers you 1.38 percent per annum interest but only 4 months
When I alighted at the MRT station to work, I notice there is a long queue and most of them are elderly aunties and uncles. Overhearing the conversation, I realise they are queuing up for …
Continue readingMy Sweet Retirement Opens Supplementary Retirement Scheme
It is the last month of the year. This month, I finally opened my Supplementary Retirement Scheme (SRS) account with OCBC. I convinced my wife to do so as well. I have done a little …
Continue readingUpdate on Singapore Savings Bonds January 2017
January 2017 Singapore Savings Bonds gives you an effective interest rate of 2.18% over 10 years! Finally, the interest rate for Singapore Savings Bonds has slightly recovered after being on a downtrend in the year 2016. …
Continue readingSummary of November 2016 Transactions
Wow, time flies. We are in the 2nd last month of the year 2016. Having sold off Sheng Siong, M1 and Cambridge Industrial Trust, I have spare cash in my war chest to deploy. Taking …
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My Personal Analysis of Capitaland Mall Trust
With the recent US presidential election and almost certain news that Fed will increase interest rate, prices of most REITs have fallen to attractive levels. Today, I have bought more of Capitaland Mall Trust. I …
Continue readingOUE Hospitality Trust Q3 2016 Results
Gross revenue from the hospitality segment increased 6.3% in 3Q 2016 as compared with 3Q2015. However, gross revenue from the retail segment (rental and other income from Mandarin Gallery Shopping Mall) was S$0.8 million lower …
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