Lone wolf investor

  Temasek is offering 5 years bond for retail subscription at min of $1000 and in multiple of $1000 Interest - 1.8% per annual interest payable half yearly Tenure - 5 years Maturity - 26 Nov 2026 Rating - AAA The return are nothing spectacular. it is suitable for investors whom had little or no risk appetite. There is no interest rate risk if the bond is hold until maturity. The bond is likely to be oversubscribed given it is a AAA rated and the general appalling interest offer by comparable low risk product. The interest rate on the bond compare favourably with Singapore Saving bond 1.8 vs 1.71(10 year average). The main difference for SSB, one could withdraw SSB anytime without penalty and loss at par value. Please study interest rate and sovereign risk before investing. Offer open 9am 16 Nov 2021 and closed on 22 Nov 2021 12 noon.  Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimer

  OBS JV came out with a higher offer for SPH, effectively putting an end to the takeover tug of war with Keppel. There is still a small technical possibility Keppel may still win if IMDA refuse approval for OBS JV acquisition of M1 which SPH has 16 percent. The new offer of $2.36 in cash or $2.40 in cash and sph reit share are both slightly superior than Keppel’s bid.  It will be interesting to see what the new acquirer will be doing to the 40% stake in Genting data centre and 16 % M1 which Keppel are the majority owner of both assets.  All in all I am not particularly disappointed with the failed bid. There are plenty of divestments initiatives at Keppel Corporation to keep them busy. Over the weekend they had announced two divestment which will add 87m around 4.8c to their profit over 2021/22 FY. They will be given 34m around 1.8c per share in break up fee arise from superior offer for SPH. There are also Keppel O&M merger with Sembmarine to work for. There are plenty of play le

Richard Walker British 1895-1989 Hari Raya - Gathering at the Ferry Collection of National Gallery Singapore  Market Summary 8-14 Nov 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US inflation surges to 30-year high in Oct, consumer prices jump 6.2% YoY - US govt posted US$165bn budget deficit for Oct, 42% lower than US$284bn shortfall a year earlier  + US social spending of US$1.75 trillion package may include a tax break apply to most millionaires  - US consumer confidence hits 10-year low in Nov amid rising inflation  + Biden and Xi to meet on Tue via video link + US getting traction with China in Phase 1 deal talks: trade chief Tai  - Biden signed bill to tighten telecoms equipment oversight  + Biden said chief executives of major US retailers assured him store shelves would be stocked in time for holidays  + US eyes Jan rollout projects to counter China’s BRI, include vaccine manufacturing hub in Africa, renewal energy supplies  - Fed warned China’s real estate sector including Evergrande have

  Headwinds and Hazards, Economic Snapshots in An Age of Populism by Vikram Khanna,Associate Editor of Straits Times are years of articles which he had written in the paper condensed in a book for easy reading. It is not only helpful for people like myself who don’t read the national paper, It is also helpful to those who seek a macro world view on economy, trade and politics. His write up provide a broad range of social economic to political issues facing the world now.  (Contents) One of the topic which associate to how companies and government policy could be made better. In the piece, “nudging companies to do the right thing” he draw reference from Nobel prize winner in economics, Professor  Richard Thaler’s advice to economists to study real people and not idealised so-called “rational being” which mainstream economics revolves. Through promoting of positive reenforcement, human are likely to produce a better result than to force into a corner when faced with a difficult issue. On

Link  https://links.sgx.com/FileOpen/MREL_Keppel%20makes%20compelling%20final%20offer%20for%20SPH_09112021.ashx?App=Announcement&FileID=690035 Keppel had announced they will increase the takeover price of SPH by increasing the cash component for $0.20. The final offer price base on the current price of all the shares involved in the exchange will be $2.351(base on 9/11/2021).  SPH will be allow to receive offer and enter into a legal agreement with any party up till end of 16 Nov 2021. As mention in my end Oct portfolio update . In my personal opinion an increase in offer of not more than 10 percent still make sense for Keppel. The new offer by Keppel will increase the takeover cost by approximately $320m which is around 9.5 percent higher than the initial offer of $2.099. Although the increase in offer is slight higher than what I would hope for but it does provide certainty that this takeover wouldn’t be an expensive long drawn process for Keppel shareholders. The latest offer wi

  Chen Cheng Mei Singapore 1927-2020 Trading Room circa 1974 Gift of anonymous donor  Collection of National Galllery Singapore  Market Summary 1-7 Nov 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + Fed to start tapering the pace of its asset purchases later this mth; reduction of US$10bn less in Treasury and US$5bn less in mortgage-backed securities, from current US$120bn a mth buying + US House of Representatives passed US$1.2 trillion infrastructure bill, to vote on US$1.75 trillion social spending package before Nov 21  + US economy added 531,000 jobs in Oct, above forecast, unemployment rate fell to 4.6%  + US weekly jobless claims fell to fresh 19-mth low to seasonally adjusted 269,000  - US trade deficit jumped to record high in Sept as exports slumped, gap surged 11.2% to record US$80.9bn  - Biden to announce tougher regulations on methane emissions form oil and gas production  - Powell said he expects conditions pushing inflation to last into next year, patient on raising interest rates  -

I am always drawn to nice fried chicken. Who can resist a nice crispy fried chicken? My mum always advocate healthy eating but sometime she secretly buy fried chicken for herself.😁 Of course one could say I am way beyond my age to have fried chicken on a regular basis. The notion of before 40 years old you eat the food, after 40 years old the food eat me still hold truth to me but the odd treat occasionally doesn’t harm. My son and I will have a fried chicken day once a month. My family is on a lookout for nice fried chicken to try. Please send me any suggestion if you have any recommendation for nice fried chicken via the comment section. Thank you 🙏.  My son enjoy his fried chicken as much as I do. There are 2 particular stores which standout among all the fried chicken we ate. They are not your standard cookies cutter chain stores. In my opinion they tasted way better. Both are freshly made from fresh chicken and fried to perfection. Let the match up begins.  Arnold’s (City Plaza)