Lone wolf investor

  Boustead report a 48% increase in net profit for the whole year. There was quite a lot of one off gain boosting this year profit.  Dividend of 2.5c was declared, bring the total dividend to 4c for FY2023. Dividend yield is at 5% base on current price. Order book is strong at $556m and 92m deferred service for geospatial. Earning per share is at 9.44c. Overall the creditable FY2023 performance set a base for the company to do better in FY2024. More commentary in my month end portfolio update. God bless.  Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  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 adv

  Boustead Project put in a reasonable showing for FY 2023. Profit was up 62%. The increase profitability was boosted by one off gain due to selling a Vietnam subsidiary into a JV. The company is sanguine about prospect in 2024. They are also looking forward to having more development project. Overall I think it is a good result. More commentary in my month end portfolio update. God bless. Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  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 d

Apinan Poshyananda Thailand 1956 How to Explain Art to a Bangkok Cock circa 1985 remade 2019 Collection of National Gallery Singapore  Market Summary 15-21 May 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 + Powell said tighter credit conditions resulting regional banking crisis may cause central bank to ease off rate hikes  + US retail sales rose 0.4% in Apr, below DJ estimate for 0.8%  - US weekly jobless claims fell more than expected last week; labour market remains tight  - US credit card debt stood at US$986bn in Q1, unchanged from record hit end 2022: Fed Reserve Bank of NY  - US total consumer debt hit fresh new high in Q1, pushing past US$17 trillion despite sharp pullback in home borrowing - Yellen: more bank mergers necessary  - Biden comments on sanctions on Chinese defense minister; whether to lift sanctions under negotiation  - US existing home sales fell 3.4% in Apr from March, annualised pace of 4.28m units, sales 23.2% lower than Apr 2022  + US govt to invest nearly US$11bn for renewa

  SSBs for June 2023 carry the flattest yield for any SSBs. First year yield is at 2.81%. On the 10th year, yield is at 2.82%. The flat yield curve is indicative of a slowing economy in Singapore. The current Singapore 10 years bond yield is less than 2.8%. If it continue, SSBs average yield for July issue will be lower. The closing date for this month SSBs fall on 26 May @9pm. I probably skip this month issue. June issue is likely to be under subscribed.  Please consider follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  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 investigatio

  (Image source MAS website) (Image source MAS website) (Image source MAS website Beautifully design coin) (Legal tender with face value of $10) Monetary Authority of Singapore is issuing a coin to commemorate the 100th birth anniversary of our founding Prime Minister, Mr. Lee Kuan Yew. The coin is legal tender and has a face value of $10. The coin makes an excellent return on investment with no downside risk given it is legal tender at $10. I speculate it might sell above face value on secondary market. Each coin will be sold at $10. There is a limit of maximum 5 coins per person. Each will be given at least 1 coin per application with 2 coins or more subject to balloting. Only Singaporean and PR need to apply. Non Singaporean have to wait for general exchange at banks if there are any uncollected coins. Closing date is on the 9th of June 2023. More detail and application form can be found at MAS website below.  https://www.mas.gov.sg/news/media-releases/2023/$10-coin-to-commemorate-t

  Redza Piyadasa Malaysia 1939-2007 Portrait of the Artist as a Model circa 1977 Collection of National Gallery Singapore   Market Summary 8-14 May 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US consumer sentiment slumped to 6-mth low in May on debt ceiling debacle that could trigger recession  + US bank deposit up in early May to US$17.16 trillion, from lowest level in near 2 years, bank lending little changed at record level + Yellen expects US regulators to be open to mergers among midsize banks   + Biden nominated Philip Jefferson as Fed vice chair - Chia-US trade slide 4.2% in Jan-Apr  + US extending exclusions from tariffs for 77 of 91 Chinese medical product import categories related to Covid-19  - US approved first transfer of confiscated Russian funds to Ukraine  - US ARC Automotive rejected regulator’s request demanded the recall of 67m air bag inflators  - Pfizer CEO calls US drug price plan ‘negotiation with a gun to yr head’ - Binance US explores ways to reduce founder Zhao’s majorit

  (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