Astrea 8 bonds

[dork32]

You cannot impose your way of learning over how other think and learn. By mandating or assuming ppl to follow your way of thinking is like commie mindset. Accept this world is full of ppl not tuned to your same wave length. Feed same kind of rice come out different kind of ppl.

this is not a matter of learning styles. it is just that is too lazy. to read. if he can read the postings, why he cannot read the real stuff that is needed. then he would not have to ask so many obvious questions

 

[dork32]

it is like asking

why some guy get nothing ah?

that guy he got refund, why ah?

can i sell 1000 units if i am not allocated ah?

is astrea 9 coming or not ah?

when open trading, will the price be above $1 ah?

could you answer these questions for me ah. i also never buy anything. but i chao kay poh

 

[a4973]

it is like asking

why some guy get nothing ah?

that guy he got refund, why ah?

can i sell 1000 units if i am not allocated ah?

is astrea 9 coming or not ah?

when open trading, will the price be above $1 ah?

could you answer these questions for me ah. i also never buy anything. but i chao kay poh

I wholeheartedly agree with you!!
Especially the tbills thread, if everyone read and understand 1st 2 posts and then post pertinent questions then we don't have to keep rereading the questions and answers that have been repeated countless times!!

 

[qhong61]

this is not a matter of learning styles. it is just that is too lazy. to read. if he can read the postings, why he cannot read the real stuff that is needed. then he would not have to ask so many obvious quest

U can choose to ignore.
Cos not asking u.

 

[DevilPlate]

If we buy A2 from open market, we can pay using USD? Or?
Cheapest way to buy A2? DBS Vickers cash upfront can work?

 

[sohguanh]

it is like asking

why some guy get nothing ah?

that guy he got refund, why ah?

can i sell 1000 units if i am not allocated ah?

is astrea 9 coming or not ah?

when open trading, will the price be above $1 ah?

could you answer these questions for me ah. i also never buy anything. but i chao kay poh

There is this Ignore function so you will not get to see his posts you do know?

 

[d5dude]

Huh not its not. Its just a retail bond leh. Lehman "mini-bond" was never ever a "bond" in the traditional sense leh.

Astrea is also a structured product, this is why it is rated A+ under structured finance by Fitch.

 

[sohguanh]

Astrea is also a structured product, this is why it is rated A+ under structured finance by Fitch.

Actually the naming of the product can be misleading depending on how one wanna interpret it. I believe each reader just read the prospectus and try to understand how it works instead of just focusing on the name of the product.

 

[abcde78]

Astrea is also a structured product, this is why it is rated A+ under structured finance by Fitch.

Zzz structured finance...structured product... Means differently bah

 

[limster]

Zzz structured finance...structured product... Means differently bah

https://en.wikipedia.org/wiki/Collateralized_fund_obligation

A collateralized fund obligation (CFO) is a form of securitization involving private equity fund or hedge fund assets, similar to collateralized debt obligations. CFOs are a structured form of financing for diversified private equity portfolios, layering several tranches of debt ahead of the equity holders.

Another person that needs to read wikipedia.

 

[chiokcc]

No one compares with Hyflux Preference shares?

 

[bruiser69]

When start trading? (Pls spoonfeed me)
thinking of getting more A2

Tomorrow lah

 

[sohguanh]

No one compares with Hyflux Preference shares?

There is one hardcore Astrea supporter called limster that keep sorta of shoot down other posts when ppl say bad about Astrea bonds. I have said Hyflux much earlier. The more he protect the more we know he dump quite a bit inside and it works becuz previous tranche no issues earn monies and laughs to the bank. His monies his choice and I wish him more years of monies to earn from Astrea bonds.

 

[fr33d0m]

The loss of credibility for Temasek would be worth more than the value of the bond itself.

Unless Temasek is desperate, it would be better that the bond would not default.

It is not just moral hazard, it is also pure business decision.

Besides, there was loss for CDOs during 2008. Most of the high-grade MBS did not lose money in the end. Just see how AIG recovered. There was a lot of panic. There was liquidity squeeze. After that, there was not that much loss for high-grade MBS itself.

 

[maumu]

sorry first time bought PE bonds but can I know:
- who's the custodian of the bonds we bought?
- any maintenance (e.g. quarterly fees) to pay to the custodian? e.g. banks charge $2 + GST for each counter of UT we bought with CPFIS every quarter

 

[DevilPlate]

There is one hardcore Astrea supporter called limster that keep sorta of shoot down other posts when ppl say bad about Astrea bonds. I have said Hyflux much earlier. The more he protect the more we know he dump quite a bit inside and it works becuz previous tranche no issues earn monies and laughs to the bank. His monies his choice and I wish him more years of monies to earn from Astrea bonds.

But Astrea make up of about 1k companies vs 1 single entity hyflux?
fair comparison?

 

[DevilPlate]

sorry first time bought PE bonds but can I know:
- who's the custodian of the bonds we bought?
- any maintenance (e.g. quarterly fees) to pay to the custodian? e.g. banks charge $2 + GST for each counter of UT we bought with CPFIS every quarter

Reside in CDP as our custodian js like any other shares u have that park under CDP

 

[DevilPlate]

If we buy A2 from open market, we can pay using USD? Or?
Cheapest way to buy A2? DBS Vickers cash upfront can work?

So anyone know?
im thinking of transferring USD to my DBS multicurrency acct and buy from there using vickers cash upfront…..can work?

 

[maumu]

Reside in CDP as our custodian js like any other shares u have that park under CDP

thanks. like you, I'm also thinking of stocking up more (both A-1 and A-2) given the low allocation...

guess can just buy like shares right? through POEMS for example.

 

[sohguanh]

But Astrea make up of about 1k companies vs 1 single entity hyflux?
fair comparison?

No one is saying we need to do a fair comparison. Readers are just voicing different opinions. limster seem to take issue whenever such posts appear. He seems to be too over protective of Astrea bonds. Anything bad he will post back sorta Astrea bond knight in shiny armour.

This is a forum where there are bound to be different voices and he just need to accept it. Posting back whenever ppl talk bad just show how desperate he is in his conviction in Astrea bonds. It is like he don't like to read posts talking bad about Astrea bonds.