*Official* MasterLeong Thread - Part 2

[Genosis]

One thing though, the next 50 years for SG may not be as bright as the last 50 years. Many were carried upwards by the rapid development in the yesteryears. Life will be more uncertain for at least the near term, if not longer. The rich poor gap is large and may grow even larger. Social mobility can worsen (there are signs*). Those higher up the economic ladder will be better off, while those who aspire to climb higher will find the rungs getting more and more slippery.

Our forefathers and pioneer generation had done the hard part, digging up a diamond (singapore) from the dirty mud with their blood and sweat...

Our generation is reaping benefits from their efforts...our job now is to polish this diamond

Sadly, we r not doing a particular good job in polishing...

 

[Genosis]

But considering Singapore's economy not really doing so well now, why do you think that they will do well? Sorry if I ask too much but I wish to understand some of your thinking.

Suburban malls are more resilient...

Suntec might face headwinds though...

 

[Pesantkie]

Suburban malls are more resilient...

Suntec might face headwinds though...

vivo is suburban or atas shopping mall?

cause vivo oso got quite a lot of atas shop

 

[MasterLeong]

Suburban malls are more resilient...

Suntec might face headwinds though...

suntec opposite got another big office retail residence one

http://www.southbeach-sb.com/home/

that area kinda mature already

 

[MasterLeong]

thank you for your time! If this forum got something that can add your points or what I sure spam

u want can pm me your fb link, i can add u lor

 

[MasterLeong]

But considering Singapore's economy not really doing so well now, why do you think that they will do well? Sorry if I ask too much but I wish to understand some of your thinking.

why shopping malls will do well?

basically sg is quite boring de... weekends what singaporean typically do is go drink starbucks, eat ding tai feng and watch movie.... all do at shopping mall

so basically shopping mall is mainly providing SERVICE and LEISURE to singaporeans... they will always be core to our economy

however have to pick wisely... only the top quality ones besides MRT are good... those wulu wulu one... just avoid

 

[havetheveryfun]

But considering Singapore's economy not really doing so well now, why do you think that they will do well? Sorry if I ask too much but I wish to understand some of your thinking.

Singapore's economy is still doing well.. its just that there is a shift of wealth.. higher income workers are more likely to get retrenched now but there are more than enough jobs to go around at the underemployment level

 

[MasterLeong]

auntie needs to go shopping mall to eat and shop at ntuc/giant

teens need to go shoppin mall to shop for clothes (example H&M, uniqlo, cotton on, zara, forever 21). they also need to eat at high class restaurant (famous korean sushi, din tai fung, fast food restaurants)

if management brings in more clothing shops that are popular among teens, then shopping mall won't die ahh

not all aunties or uncles know how to do online shopping

for example like my mom, use iphone for a year still need to ask for help on how to delete sms.

they really dont trust online shopping as they think that one will be cheated

yup, u got the points there on why shopping malls will always be relevant... also online shopping has been around for like 5 years already... kinda not so explosive anymore.. its growing but much slower already

shopping malls have also rebalanced and fine tune to be more food and service oriented

 

[MasterLeong]

if worried about shopping malls... then invest in commercial assets like offices and business parks lor

singapore still the hub for many big MNC to set up HQ here... a lot of big names are in singapore and they surely need office spaces

 

[Average]

Me me here got one.

ur postcows not very convincing lol. how old are u?

Sent from 穷小子 using GAGT

 

[starfish.starfish]

ur postcows not very convincing lol. how old are u?

Sent from 穷小子 using GAGT

Wah average didi so lihai, using post cows can know someone is ger or boi.

 

[starfish.starfish]

yup I feel that CMT at $2 or less still decent, current yield is like 5.5% still normal

FCT yield is around 5.9% still decent

both of them I would say $2 or lower is okay to jiak if u can hold for long term, bet on shopping malls to continue doing well

How can I bump my dividend to 7% annually? Seems difficult as most reliable reits max 6%?

 

[DamienK]

My mum once ask me how you know online clothes is not second hand from those dead people one.. I facepalm

auntie needs to go shopping mall to eat and shop at ntuc/giant

teens need to go shoppin mall to shop for clothes (example H&M, uniqlo, cotton on, zara, forever 21). they also need to eat at high class restaurant (famous korean sushi, din tai fung, fast food restaurants)

if management brings in more clothing shops that are popular among teens, then shopping mall won't die ahh

not all aunties or uncles know how to do online shopping

for example like my mom, use iphone for a year still need to ask for help on how to delete sms.

they really dont trust online shopping as they think that one will be cheated

 

[starfish.starfish]

example of trap, even for a blue chip... I think that within 5 years time HPH, SPH and YZJ will all be kicked out of STI 30



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SPH 1Q earnings down 44% to $46 mil
By Jude Chan / theedgemarkets.com.sg | January 13, 2017 : 7:02 PM MYT
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SINGAPORE (Jan 13): Media and property group Singapore Press Holdings posted earnings of $45.8 million in 1Q17 ended Nov 30, 2016, a decline of 43.8% from earnings of $81.3 million a year ago.

This was mainly attributed to a 28.5% drop in operating profit to $70.8 million.

In an SGX filing on Friday, SPH says this was due to charges of $15.9 million arising from the media business review and impairment of an associate. Excluding the charges, operating profit would have declined by 12.4%.

The charges incurred include $7.2 million of retrenchment and outplacement benefits as part of an ongoing group-wide right-sizing exercise involving a staff reduction of up to 10% over two years.

SPH’s 1Q operating revenue fell 6% to $278.3 million, led by a 9.5% decline in profits of its media business, which fell to $201.9 million from $223.0 million a year ago.

The decline in revenue from its media business was mainly due to a 13.5% drop in advertising revenue, and partly mitigated by a 1.8% increase in circulation revenue in 1Q.

SPH’s property segment held steady, with revenue up 1.3% to $60.5 million, while the group’s other businesses grew 17.9% to $15.9 million on the back of higher contributed from the exhibitions business.

In addition, SPH in 1Q saw a net loss from investments of $1.8 million, compared to a net gain of $10.3 million a year ago. This was mainly due to a fair value loss on forward hedges for portfolio investments.

Cash and cash equivalents stood at $405.4 million as at Nov 30, 2016.

“Having completed our comprehensive business review in October 2016, we are forging ahead with our transformative agenda to strengthen the group’s position in an increasingly tough economic and media environment,” says SPH CEO Alan Chan.

“We will focus on continued innovation and investment in the media business to stay ahead and stay relevant, improve cost efficiency with a leaner organisation and wage restraint measures, and grow business adjacencies to diversify revenue streams,” Chan adds.

SPH closed 4 cents higher at $3.69 on Friday.

Sigh I already warned my dad not to buy sph but he still went to do so.
He surviving on their dividends.

 

[Average]

Wah average didi so lihai, using post cows can know someone is ger or boi.

its the inactive part...

Sent from 穷小子 using GAGT

 

[Maeda_Toshiie]

A short 2 minute video:

https://twitter.com/TheEconomist/status/819955929902759937

Innovation means that workers now need to continuously acquire new skills in order to compete during their careers

 

[dolph001]

Wah average didi so lihai, using post cows can know someone is ger or boi.

jmapsmylife is a mei mei?

 

[iiGoldfish]

Thanks everyone for making it much clearer. Will do more research on either CMT or FCT and eventually choosing one ba!

 

[Pesantkie]

My mum once ask me how you know online clothes is not second hand from those dead people one.. I facepalm

but I still need to agree with my parents that when one shops online, you cannot touch and feel the texture of the things you are gg to buy.

 

[madtari]

Yes . B4 graduation. During my time, allowance is only 500 per mth. But lodging plus meals need 700+ per mth. I was referring to air ticket n stuffs... can't Rmb how much. I've been to another trip during poly to Japan for 7 days. I think only need 1 or 2k nia. Idk how come can hit 5 digits so high.

When you were doing your industrial attachment (before or after graduation?), shouldn't you be paid a a small sum of money? That should help offset part of your living expenses.