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Wolf Money(OUE REIT)cash management

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  (Image credit: OUE REIT) The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer . LWF has taken a position in OUE REIT. The recent divestment activity saw interest in the stock. I am taking a position for cash management purposes. The REIT has announced the divestment of the Crowne Plaza Hotel at Changi Airport to an interested party of OUE JV for $500m subject to approval by REIT holders in the upcoming EGM. There is also news about OUE REIT and UOB looking to sell One Raffles Place for $2.4b. If OUE REIT is able to get an offer close to the asking price. Based on my calculations, the REIT owns 67.95% of One Raffles, which comes out to around $1.63b for their shares. If they can sell it at asking, subtract the loan of $254m. Net proceeds of $1.376b from the sale is close to 25c per OUE REIT shares. Again hypothetically, using the asking price of $2.4b, the profit from t...

Wolf Money/Bargain(Osaka and Kyoto)part2

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(The icon of Osaka) (Kyoto Tower;The Japanese and their love affair with radio towers) The prices in general have climbed significantly in Japan. Where are the bargains then? Read on Attraction  Nara Park One of my top picks is Nara Park. Nara is one hour train ride away from Osaka. If anyone is looking for the great outdoor experience, the park is an excellent choice. Visitor can buy a deck of peanut cookies at ¥200 to feed the deer. Once the deer see you holding onto the biscuit, you can be sure a herd will be forming around you to grab a bite. The biscuit will be gone in a minute. The deer, like the Japanese, are well-mannered. They will bow to the visitors to get a biscuit. Remember to be constantly on the move before one gets sworn by many deer. The deer are cute, but they can get aggressive. No ticket is required for this attraction. One could spend a full morning looking at those fascinating animal.  (Deer feeding on peanut biscuits) Street of Uji Uji is just 20 mins fr...

Wolf Money(world market review 28 Jun -5 July 2026)

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  (Super Nintendo World, Osaka) Market Summary 28 Jun – 5 Jul 2026 *USA* + US manufacturing PMI down 0.7% to 53.3 in Jun, vs estimates of 53.9, at 6th straight mth of expansion, prices paid index fell to 73 from 82.1  -US economy added 57k jobs in Jun, vs forecasts of 110k, May’s gain cut to 129k from 172,000, Apr’s revised to 148k from 179k  ± US private sector added 98k jobs in Jun, vs 122k in May and forecasts of 113k; most gains in services-providing industries, small firms accounted for >50%  + US job cuts down 53% to 45,849 in Jun, lowest since Dec 2025; tech sector cuts the most (15,503) + US job openings rose 9000 to 7.594m in May, highest since May 2024, jobless rate at 4.2% in Jun, vs 4.3% in May  + US average hourly earnings for all employees on US private nonfarm payrolls rose 13 cents or 0.3% MoM to US$37.64 in Jun + US Conference Board’s consumer confidence index at 91.2 in Jun, vs revised reading of 90.6 in May  -US factory orders fell 1.3...