This is a follow up to the previous post Property Cooling Measures Jan 2013, which the government placed several new cooling measures. With every change in laws and rules, there comes opportunity to exploit the market, especially on poor sentiments. Immediately following the measures, there will often be a knee jerk reaction on the opening day. ...
As you all know, yesterday STX OSV requested for a trading halt after which they announced that the Fincantieri has completed the acquisition of 50.75% stake of STX OSV. As part of the takeover rules, it is required to extend its offer of $1.22 to exisiting shareholders as well. I encourage all of you to ...
Just a few days ago, the government issued the most drastic cooling measures as compared to the previous measures. In the new measures, not only did they clamp down on residential properties, they introduced seller stamp duty for industrial properties as well. Additional buyer stamp duties are raised across the board as compared to the ...
This is an update to my Singapore stock portfolio for End December 2012. For previous months, please see My Singapore Stock Portfolio Mid November 2012 My Singapore Stock Portfolio Early September 2012 My Singapore Stock Portfolio Mid July 2012 As REIT prices continue to increase due to increasing demand, the valuations become less and ...
It’s the time of the year again! Time to relax, enjoy and most importantly spend the Christmas with loved ones. Our Team Member Happie The Beagle Wishes Everyone a Merry Christmas and Happy New Year! ...
I have been wanting to write about this for some time but other things kept coming up. Nevertheless, it is still a very important piece which some people may not be aware about. In an earlier post, Comments on the new residential land sale with 60 years lease or shorter, I wrote that URA has announced ...
The recent announcement by Olam that they will be raising debt with warrants of US$1.25 bil is nothing short of shocking. This comes right after the CEO Sunny Verghese saying that they did not need to go back to bond markets for another 6 months or so. The fact that they suddenly turned around makes ...
I just found out the interesting news that there is activist shareholder activity within Macquarie International Infrastructure Fund (MIIF). Although I am not vested, these activities do interest me as they me remind of the days when I was in M&A IB advising on defenses against hostile takeovers. Basically, what has happened is that ...
For those who have been following the news, Muddy Waters has finally issued a 133 page research report on Olam. It initiates coverage on Olam with a strong sell, which is not surprising given the sequence of events, see Olam plunges in price after famous shortist Carson Block questions their accounts Here are the main ...
I have been getting some comments and questions with regards to my recent Golden Agri pickup. There’s no real right answer as to which one is the best, it’s really a matter of opinion and preference. This is a short post with an extract from a CIMB CPO research report. CPO Planters Table Extract ...