Thursday, October 18, 2012

Sabana REIT: 3Q 2012 DPU 2.34c.

Sabana REIT reported a robust set of numbers, declaring a DPU of 2.34c. The counter will go XD on 24 Oct and income distribution is payable on 28 Nov.




Total assets under management: $1.1 bn

Occupancy rate: 99.9%

Average all-in financing cost: 4.3%

Weighted average tenor of debt: 3.5 years.

Interest cover ratio: 5.5x

NAV/unit: $1.03

Sabana REIT's higher income from a slew of acquisitions

Wednesday, October 17, 2012

Value for money holiday in Hong Kong.

The year end holidays are just round the corner. Wondering where to bring the family for a vacation this year? Why not Hong Kong? The flight does not take too long and Hong Kong has good food and attractions aplenty.

You might want to bring the kids to Hong Kong Disneyland as well to see Snowy Christmas Town.





 

Find out more at: Christmas Town.

Get a special 4D 3N Hong Kong package to

Saizen REIT: A retest of resistance at 18c?




On two occasions in the past, I did not partially divest my investment in Saizen REIT as its unit price touched a high of 18c. It was due to a belief that it remained undervalued even at that price. Yesterday, Saizen REIT's unit price broke resistance at 16.8c while it touched a high of 17.7c before closing at 17.4c today. Could we see 18c again soon?




The lower highs on the MACD and the

Tuesday, October 16, 2012

China Minzhong: Opportunity in slowing momentum.

A big part of my portfolio is invested for income while the remainder is invested for capital gains. In both instances, once I stop adding to my long positions, the main thing to do is to wait. Wait to collect regular income in the first instance and wait to lock in gains in the second.

I will have more income distributions from S-REITs in November and December. Possibly, there will be dividends

Saturday, October 13, 2012

Wilmar: A rebound or something more?

Wilmar is up 3.9% at $3.18 as players await further details from the Malaysian government on a CPO export-tax cut. "It's one of the better companies in terms of having feet in both Indonesia and Malaysia and (being) able to trade around any opportunities from that" on the potential tax change, an analyst says.

He adds, the slightly improved soybean supply-side numbers from the U.S. were also

Friday, October 12, 2012

Tea with AK71: Maison Ikkoku.

Recently, a friend whom I have known for more than 20 years asked me out to have tea. We met at Maison Ikkoku which is owned by a friend of his.

I am not much of a food blogger but here are photos of what I had for tea that day:




Yummylicious ice lemon tea!





Melts instantly in your mouth tiramisu!






This was a total surprise. Kong Bah Pao!





It was so good! You simply have to

Wednesday, October 10, 2012

LMIR: More benefits from acquiring 4 malls?

Since its rights issue last year in December, expectation was for LMIR to acquire more shopping malls to improve its DPU which has been rather disappointing, being much lower, post rights issue, than initially expected. With my investment in LMIR some 200% bigger than it was, pre rights issue, I am naturally concerned with its underperformance.





Finally, an announcement to acquire 4 malls at

Tuesday, October 9, 2012

Win $1,000 cash with Marigold HL Milk!





Do you drink Marigold HL Milk?

Take part in a contest and stand a chance to win $1,000 cash.

Prizes: 5x  S$1,000 each.

Closing date: 8 November 2012.

Find out more: Marigold HL Milk.

Tea with AK71: Vandals and selfish cyclists.

A few days ago, I was taking an evening walk after dinner and took these photos at an underpass:



Cyclists, get off your bicycles.



Vandals trying to be smart.


Shortly after, a motorised bicyle and three regular bicyles went by me. None of the cyclists got off their bikes as they went through the underpass. These people were being selfish and irresponsible.

The relevant authorities should

Monday, October 8, 2012

Win Eu Yan Sang goodie packs!

In 2002, Eu Yan Sang's first clinic at South Bridge Road opened.

Today, Eu Yan Sang has 21
clinics conveniently located island wide to offer a comprehensive range of
Traditional Chinese Medicine (TCM) therapies for your health and well-being.





In
conjunction with 10 years of providing quality TCM healthcare, Eu Yan Sang is running a
series of activities.

Find out how they have

Saturday, October 6, 2012

Seven money habits of AK71's.

This blog post is mainly inspired by a conversation with my mother on some of my habits. Recalling a popular book titled "Seven habits of highly effective people", I came up with "Seven money habits of AK71's". ;p

Habit No. 1:
I never order canned or bottled drinks when dining out.

Fresh food needs on site preparation but I can walk to a nearby supermarket to buy the same canned or bottled

Friday, October 5, 2012

Tea with AK71: Parting with an old friend.

Would you consider 15 years a relatively long time to be in a relationship? Personally, I think it is. It is longer than the duration of many marriages I know of.




After 15 years, I am finally parting ways with an old friend which has been showing visible signs of ageing. Beginning to fall apart, it still stayed by me, faithfully serving me while I reluctantly looked for a replacement in the

Tuesday, October 2, 2012

Millionaire or not, plan for retirement.

Being a millionaire today is different from being a millionaire 30 or even 20 years ago. This is simply because a million dollars is worth less now due to inflation in the cost of goods and services. These days, even a HDB flat could cost a million dollars!

So, someone with total liquid assets worth a million dollars does not impress me. What might impress me is how he got it and what he is