High Return Investment Product – Part 2

Too Good to be True If you read part 1, then you should have known that part 1 "seems" too good to be true. Now, when you see Part 2, you should expect that it is "really" too good to be true. To the Peak Part 1 talked about 12% guaranteed return from an investment product, …

Should we keep CPF?

If I can choose to withdraw my own CPF as cash now, I'll do it. Over the next 30 years, I have confidence that I am able to generate higher return than the current CPF interest rates of 2.5 - 5% per year. If you have 100k in your CPF at the age of 30s, …

Singapore NDP Rally 2018 – Ageing HDB flats

The most important topic in this NDP rally is how the government will handle the ageing flats issue. Since more than 80% of the population stay in HDB flats, most people are and should be concerned about this. Many people are worried that the value of their HDB flats could be zero when the leases …

Syntel’s acquisition

French IT services firm, Atos, is buying Syntel at USD 41 per share, which amounts to USD 3.57 billion (including debt). In a typical acquisition, buyer pays 20-30% premium above the seller's recent share price. But in this case, the premium was just a tiny 4.8% above Syntel's closing share price of 39.13. That's rather …

High Return Investment Product

12% guaranteed return A friend of mine started selling investment product a few years ago and has been doing very well. He ranked 2nd in terms of sales in the whole company last year. The company is a financial service firm based in Indonesia. My friend, let's call him Harry (not real name), approached all …

Recent F&B IPO – Negative

Recent F&B companies IPO have this trend: Kimly: -21% since IPO in March 2017. No Signboard: -27% since IPO in November 2017. RE&S Holdings: -24% since IPO in November 2017. Katrina: -53% since IPO in July 2016. Their share price movement after IPO reminded me of the pawnbrokers IPO (see this old post). If this …

Bitcoin is…

Bitcoin is not an asset and is not for investing. It's not even supposed to be for speculating, but somehow it got started. It's gotten so big now that we don't know what's going to happen. Its total market value (number of bitcoins times the current price of USD 15,000) has passed USD 200 billion, …

Welling Holding Ltd

Welling Holding is among the largest companies that manufacture motors for air-conditioner, washing machines, and other home appliances. Its factories are located in China and its products are distributed to many different countries and region. Midea, the world's largest producer of major home applicances, owns nearly 69% of Welling. Hence, Welling's stocks are not very liquid. …

Syntel Inc

Syntel (NASDAQ:SYNT), incorporated in 1980, is a global provider of digital transformation, information technology and knowledge process outsourcing (KPO) services. Syntel helps global enterprises evolve the core by leveraging automation, scaled agile and cloud platforms to build efficient application development and management, testing and infrastructure solutions. Syntel's digital services enable companies to engage customers, discover …

How to choose active fund manager

There are numerous articles written on how to choose active fund manager, and you may wonder which article is the best written. If you start comparing which articles are the best ones, you are also going through the process of comparing which fund managers are the best, and by the same logic, you might as …