*Official* MasterLeong Thread

[MasterLeong]

"The rental fee for a Trans-Cab Toyota Wish taxi will drop by 34% - but only for drivers who operate the cab alone."

price war lai liao, CDG down 4%

 

[MasterLeong]

I bought it at 39.5 cts in Jan 2012, yield was almost 10% then

now 37 cts, yield dropped to 9%

how can this be attractive

attractive only on paper of current 9%
their asset quality is poor, so nav and dpu may fall gg max

u still holding Lippo mall?

 

[MasterLeong]

i this year when to KL for card game tournament

the last time i when was a decade ago, I realized KL like that changed at all LOL

 

[caltex88]

Hoot Singtel or FCT?

 

[MasterLeong]

DBS become shipping company? hahahahaa

DBS moves to take control of a new liftboat belonging to bust Swissco
DECEMBER 28TH, 2016 Sam Chambers SAM CHAMBERS ASIA, FINANCE AND INSURANCE, OFFSHORE 0 COMMENTS
Singapore’s DBS Bank is moving to take control of a brand new liftboat belonging to bust compatriot Swissco Holdings.

Swissco became the latest Singapore offshore firm to seek judicial management last month.
Swissco, originally an OSV operator, diversified into rigs in mid-2014 just ahead of global oil prices plunging.

Swissco is weighed down by $147.5m in debts with just $1.2m in cash, unable to make key repayments. DBS is among its largest creditors.

The bank has moved to try and take control of the Jinshan 1, a liftboat that was delivered this summer from Triyards Marine.

Swissco’s interim judicial managers said in a release they “are taking advice and considering their options on the notice and will provide further updates as appropriate”.

 

[MasterLeong]

Hoot Singtel or FCT?

singtel blue chip

fct is mid cap, higher risk higher yield

 

[akwl88]

DBS become shipping company? hahahahaa

DBS moves to take control of a new liftboat belonging to bust Swissco
DECEMBER 28TH, 2016 Sam Chambers SAM CHAMBERS ASIA, FINANCE AND INSURANCE, OFFSHORE 0 COMMENTS
Singapore’s DBS Bank is moving to take control of a brand new liftboat belonging to bust compatriot Swissco Holdings.

Swissco became the latest Singapore offshore firm to seek judicial management last month.
Swissco, originally an OSV operator, diversified into rigs in mid-2014 just ahead of global oil prices plunging.

Swissco is weighed down by $147.5m in debts with just $1.2m in cash, unable to make key repayments. DBS is among its largest creditors.

The bank has moved to try and take control of the Jinshan 1, a liftboat that was delivered this summer from Triyards Marine.

Swissco’s interim judicial managers said in a release they “are taking advice and considering their options on the notice and will provide further updates as appropriate”.

seizing asset and selling

 

[goh6570]

Absolutely agreed

Even went to GV for movie. They have changed all to automated machine for ticket purchase. No more counter where hired those old folk to sell tickets

As a place for safe retirement and healthcare, Singapore is great.....

But in terms of economic growth.....I am not so optimistic

By 2030, 1 in 4 Singaporeans will be 65 years or above the only hope is to keep these old people in the workforce lor or switch more jobs to automation

https://population.sg/articles/older-singaporeans-to-double-by-2030

Dun get me wrong, I am not saying Singapore will collapse.....but it will be on a slow downtrend, we just have to try our best to make this decline as gradual and painless as possible

Parents who invest earlier for their kids will give their children a decent headstart...

 

[Takodoro]

Hoot Singtel or FCT?

Disclaimer: DYODD

Singtel safer.

FCT price keep dropping. FCL price keep increasing. Something is wrong.

 

[Mancunian2]

attractive only on paper of current 9%
their asset quality is poor, so nav and dpu may fall gg max

u still holding Lippo mall?

bought 40 lots back then, sold most of it along the way

now still left with 5 lots

 

[MasterLeong]

Absolutely agreed

Even went to GV for movie. They have changed all to automated machine for ticket purchase. No more counter where hired those old folk to sell tickets

cathay also... at jem... one row of automated machines...

they rather use robots than old folks sia

 

[MasterLeong]

Disclaimer: DYODD

Singtel safer.

FCT price keep dropping. FCL price keep increasing. Something is wrong.

FCT is reit mah

while FCL is more of an asset manager, like GLP/ARA

different type ba

 

[goh6570]

Means sg in 30 yrs no more jobs for old folks liao

GG max

cathay also... at jem... one row of automated machines...

they rather use robots than old folks sia

 

[Squaredot]

Means sg in 30 yrs no more jobs for old folks liao

GG max

now have meh?

 

[eveee99]

Means sg in 30 yrs no more jobs for old folks liao

GG max

That's why better start investing for income now...so no worries about work when u grow old..

 

[lewissac]

"The rental fee for a Trans-Cab Toyota Wish taxi will drop by 34% - but only for drivers who operate the cab alone."

price war lai liao, CDG down 4%

This is the killer. Not many want to drive alone for full day. It's killing their body and mind.

 

[goh6570]

Have. Think not cinema.

Mac still employed old folks

This garmen still wanna increase the retirement age to 67?

now have meh?

 

[Mancunian2]

Have. Think not cinema.

Mac still employed old folks

This garmen still wanna increase the retirement age to 67?

so far only LKY and GCT managed to work past 67

 

[goh6570]

Frankly if can I would like to work. Part time lah. Else all the old folk illness will start knocking at your door

That's why better start investing for income now...so no worries about work when u grow old..

 

[lewissac]

Lol.... ytd all green grass.

Today.... all red seas.