Wednesday, August 29, 2012

Tea with AK71: Funny!

I was sent this and found it amusing:

I hope this has coaxed a chuckle or even a hearty laughter from you, no matter what your personal beliefs might be.

Life is short. Don't take it too seriously. ;)

This is funny! I really laughed very hard!

I don't know who are responsible for these works but kudos to them for bringing fun and laughter to our lives. :)

I know I need some cheering

Tuesday, August 28, 2012

Wilmar: Should we be buying?

A reader asked me if I am buying more shares of Wilmar as I said before that the time to buy is when the selling has dried up. Has the selling dried up?

Well, the trend is still obviously down and my investment is in the red. My long position in Wilmar is my biggest money losing investment on paper this year.

However, I have bought more shares of Wilmar as the MACD is rising while share price

Monday, August 27, 2012

Tea with AK71: Quick, buy a new car cheaper now!

It is reported that last weekend saw 5 to 20% more new cars sold in the showrooms here as COE premiums declined for the first time in months.

We probably have friends and family members who are looking to buy a car for a host of reasons. Although some might think that cars are not necessary in Singapore, many would beg to differ.

Finance manager Lionel Ng, 58, and his wife, 53, a homemaker, own

Wednesday, August 22, 2012

Saizen REIT: 2H FY2012.

Thanks to its recent acquisitive activities, paying down of its loans and a strong JPY, Saizen REIT is able to declare a higher DPU of 0.63c for 2H FY2012. This is payable on 18 Sep.

Therefore, the expected reduction in DPU of 10+% with the conversion of its warrants did not materialise and Mr. Market has shown his approval in the usual way as unit price of the REIT climbed higher today.

Have a plan, your own plan.

As always, invest based on your risk comfort level. Remember that media headlines should not be what is driving your overall strategy and, instead, thoughtful analysis of your goals (and willingness to absorb pain in market down periods) is what is necessary for a successful investment strategy.

Decide which type of investor you are before you invest and make sure the overall strategy

Saturday, August 18, 2012

The very first step to becoming richer.

Singaporeans have a reputation for being very good at complaining. This is not a bad thing per se. After all, if some things are really bad and in urgent need of correction, we should complain. How else would the relevant authorities know about the problems and to take action? I draw the line at taking videos and photos of minor incidents and posting it on Stomp!

However, what I really find

Friday, August 10, 2012

AIMS AMP Capital Industrial REIT: Scrip dividend II.

I have been asked online and offline if I would be taking part in the Distribution Reinvestment Plan (DRP) offered by AIMS AMP Capital Industrial REIT.

The price is $1.2421 per unit. This is at a slight discount compared to the closing price of the REIT in the last session which was $1.27 per unit.

The last DRP offered unitholders a price of $1.1622. Shortly after, the unit price plunged to

Thursday, August 9, 2012

Tea with AK71: Kwan Im Thong Hood Cho Temple.

As a boy, I used to visit the temple dedicated to the Goddess of Mercy on Waterloo Street regularly with my parents. During the very difficult years of the 1980s recession, we were even more regular. Till today, my dad would still visit regularly.

Personally, I have not been to the temple in years. Today, I made use of the public holiday to visit the temple. I went through the usual routine of

Tuesday, August 7, 2012

Good debt is always good?

I look at debt as a necessary evil. Sometimes, I need that extra help in order to buy something.

Then, do I take as long as I can to repay the debt? Well, in this environment of very low interest rates, the concept of good debt has gained traction. Why not?

The idea of good debt is appealing because it gives us more funds which could possibly generate higher returns than the interest paid on

Monday, August 6, 2012

Tea with AK71: Climate change.

Let us take a break from all the hustle and bustle of our lives. Let us think about the world and if we are helping to make a difference.

Beijing was hit by the worst rainfall in 60 years last month.

The relentless, weather gone crazy type of heat that has blistered the USA and other parts of the world in recent years is so rare that it can't be anything but man-made global warming...


Sunday, August 5, 2012

Wilmar: Touched a new low.

In the last session, Wilmar's share price touched a new low of $3.18. Many market participants are wondering if they should go long here. Of course, conventional wisdom would say wait for the sellers to be done selling.

So, are the sellers done selling? The OBV shows that distribution activity has not ceased. However, both MFI and MACD have not formed lower lows as compared to May 2012 when

China Minzhong: Pushing higher.

To any chart watchers, it is obvious that China Minzhong's share price has broken out of resistance.  From here the immediate resistance is provided by the declining 100dMA which is currently at 73c. It could approximate 72c in the next few sessions.

Overcoming the 100dMA could see a test of resistance provided by the 200dMA which is also declining but more gently so. The 200dMA is at 83c.

Saturday, August 4, 2012

Sound Global: Retest of resistance likely

On 7 July, I said that the technicals suggested it could be time to sell Sound Global's shares and that if price were to move higher, it would be a slow grind upwards. This picture has, essentially, stayed intact till now as its share price has been stuck at resistance, not being able to move convincingly above 61.5c, a many times tested resistance in the last few months.

Mr. Market is

Friday, August 3, 2012

Ben & Jerry’s Chunkfest!

Have you been to an ice-cream beach festival? Ice-cream what? Yes, an ice-cream beach festival!

Featuring 15 exclusive and specially flown flavours from around the world as
well as our favourite flavours in Singapore, there will be fun, games and
activities for everyone. And to top it all, we are also introducing a brand new
flavor at the event this year! Join us from 2pm to 10pm on

Saizen REIT: Beefing up distributable income.

Saizen REIT has been adding apartment buildings to its portfolio since resolving the CMBS for YK Shintoku. This will go some way to ameliorating the expected decline in DPU due to warrants exercised earlier.

Since my blog post of 26 May 2012, Saizen REIT's unit price has been rising gradually, hitting a high of 16c just two sessions ago. Mr. Market has recovered from his anxiety and is

LMIR: 2Q 2012 DPU 0.79c.

LMIR has increased distributable income, giving a distribution per unit (DPU) of 0.79c in 2Q 2012, payable on 30 August 2012. This an improvement over the DPU of 0.69c in 1Q 2012. Having said this, it is still lower than the 0.815c I estimated, post rights.

LMIR has a gearing level of 9.3% (9.2% in 1Q 2012) and its interest cover ratio is 11.4x (13.3x in 1Q 2012).  There is plenty of debt

Thursday, August 2, 2012

Masters In Management - At The London Business School

In a very competitive job market, are you thinking of how to stand out from the crowd? Have you thought of having a Masters Degree to give you that competitive edge in job applications?

London Business School is looking to increase the number of Masters in Management (MiM) applications it receives from graduates/recent graduates with less than a year’s work experience, who