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, … Continue reading Should we keep CPF?
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 … Continue reading Singapore NDP Rally 2018 – Ageing HDB flats
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 … Continue reading Syntel’s acquisition
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 … Continue reading High Return Investment Product
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 … Continue reading Recent F&B IPO – Negative
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, … Continue reading Bitcoin is…
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. … Continue reading Welling Holding Ltd