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Wolf Bargain(Case of the missing Little Thailand)

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  (Source : Wikipedia Golden Mile Complex will be saying its final goodbye in May) Since my last case , Detective Lone Wolf had been sitting easy and smacking flies. Today a new case has came to my attention, the case of the missing “Little Thailand”. Little Thailand used to locate at Golden Mile Complex. The place got its nickname for its popularity among Thai Nationals working in Singapore as a choice destination to meet their fellow countrymen. In the eighties and early nineties, it wasn’t as peaceful, it had a reputation of being lawlessness, arm robbery, snatch theft, fights caused by drunken were common during those days. Local residents had it, it was best to avoid Little Thailand during payday where trouble was one arm length away with danger lurking at Gangsta’s Paradise. In the 2000s, situation turned for the better as fewer Thai workers came to Singapore to work due to more attractive wage in their own country. Golden Mile Complex was also one of the earliest mixed developme

Wolf Money(world market review 1-7 May 2023)

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Johnny Manahan Philippines 1957 Photographs circa 1974 Collection of National Gallery Singapore   Market Summary 1-7 May 2023 πŸ‡ΊπŸ‡Έ πŸ‡ΊπŸ‡Έ πŸ‡ΊπŸ‡Έ πŸ‡ΊπŸ‡Έ πŸ‡ΊπŸ‡Έ - Fed raised interest rates by 25 bps to 5%-5.25% pt , signalled may pause further hikes - US Treasury announced first buyback scheme in decades to boost liquidity  - US job openings in Mar fell to the lowest level in nearly 2 years to 9.6m from nearly 10m in Feb   + US added 253,000 jobs in Apr vs expected 185,000, jobless rate fell to 3.4%  + US private payrolls surged 296,000 in Apr, much higher than expected: ADP - US Senate launched latest attempt to counter China, include limit flow of technology + US sanctions drive Chinese firms to advance AI without latest chips: WSJ - US Treasury says govt may default on debt as early as Jun  - Republican debt cap plan to cut jobs, slow growth: Moody’s chief economist  - US trade deficit contracted 9.1% to US$64.2bn - US retailers replaced tech firms in cutting most number of jobs in April; the

Wolf Money(book recommendation)

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(Contents)   The book “Get Rich or Lie Trying” Ambition and Deceit in The New Influencers Economy by Symeon Brown discussed the ills bought on by social media. What drew me to the book was due partly to my hobby as a social blogger. The book mentioned some interesting stats. A survey was done recently in UK, more than 1 in 5 millennium, those born between 1980-1996 want to be a social media influencer on Instagram,Tik Tok or Snapchat as a full time job. It is the hottest aspiration among young adults. I can see the alluring draw given it is common to see successful social media stars flexing the nice trimmings of life on social media. The image of a well known influencer showing off a new bungalow or flashing their new G wagon were aspiration for future influencers wannabes. Unfortunately for every successful social media influencer, there were millions that fall wayward struggling to gather enough followers needed to go viral. In the world of social media, we are either a influencer o

Wolf Money(world market review 24-30 Apr 2023)

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  Low Kway Song Singapore 1889-1982 Thai Pyramid Temple circa 1923 Collection of National Gallery Singapore  Market Summary 24-30 Apr 2023 πŸ‡ΊπŸ‡Έ πŸ‡ΊπŸ‡Έ πŸ‡ΊπŸ‡Έ πŸ‡ΊπŸ‡Έ πŸ‡ΊπŸ‡Έ - US economy slowed in Q1 to 1.1% annual pace; higher interest hammered housing market, businesses reduced inventories  + US consumer sentiment index increased by 2.4% to 63.5 pts in Apr - US consumer spending unchanged in Mar; increase in outlays on services was offset by decline in goods  - US labour costs rose 1.2% in Q1, up from 1% in Q4, higher than consensus forecasts of 1.1% - US banks are full of bad commercial property loans: Charlie Munger  - US regulators set to release confidential details of their oversight of SVB n Signature Bank since 2008 crisis   - US officials coordinating urgent talks to rescue First Republic Bank, as attempts by private-sector firms failed: sources  - First Republic Bank’s market value plunged below US$1bn from US$40bn peak; auction underway, deal expected end week  - FDIC asked JPMorgan,

Wolf Money(10 things you need to know about ComfortDelgro Annual General Meeting held on 28 April 2023)

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  Lone Wolf is back with 10 things you need to know about CDG AGM held 28 April 2023. I was proxy to attend the meeting. I am glad to be able to share my observations. (Full attendance by the Board of Directors) 1.) This year annual meeting was held at Singapore Chinese Cultural Centre. Around 400 shareholders attended the meeting. The auditorium was about 80% filled.  2.) Annual General “Makaners” are in for a treat, Hot buffet was provided and it looks quite yummy. I gave the AGM buffet a rating of 8/10. πŸ˜› I would like to give the company credits for treating their shareholders well with a nice buffet. The Chair and the management also patiently and respectfully answered questions from shareholders online and offline to their best ability. Kudos to the BODs and Management. πŸ‘ (The buffet look sedap(tasty in Malay), look at the queue! I didn’t stay for the food. One of the better AGM to attend for “AGM”) 3.) The new CEO was sharing his credentials when asked about his experience runn

Wolf Money(portfolio update end April 2023)

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(Source : PS4) Lone Wolf Fund(LWF) Portfolio as at end of April 1.) Cash 2.) Bank of China(3988.HKG) 3.)  Boustead Singapore(BSL) 4.)  Haw Par Corporation(HPC) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Bai(ζ‹œ) Sifu( 师爢)  seeking wisdom In the age of internet, I haven’t pass a day without someone trying to sell me something. A course, insurance, collective investment scheme or a cause for donation and even ladies tummy tucking undergarments. Those “brothers” and “sisters” selling option, charting, crypto and many other investment courses on YouTube. Kindly excluded me from your youtube blast list, you are giving YouTube too much of your advertising dollars. I am most weary to those option trading expert turning drop shipping guru overnight. In the age of Internet if anyone can sell you anything, they can and they are most willing even an outlandish get rich quick scheme. Most of those initial “free” seminar were mostly

Wolf Money(Singapore Savings Bonds May 2023 result)

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  Result for May issue SSBs. All applicants who had applied within limits get full allocation. Congratulations. Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provi