Monthly Archives: October 2010

STI hit a high not seen since 16 May 2008

Last Friday saw the Straits Time index (STI) climbing to 52-week high at 3,204.27 points. This level was not seen since 16 May 2008, some 28 months ago, when the world was starting to come to grip with the impending … Continue reading

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Mapletree Industrial Trust

Mapletree Industrial Trust (MIT) is a real estate investment trust (REIT) set up by Mapletree Investments Pte Ltd, which is owned by Temasek Holdings. In 2008, JTC Corporation divested some of its high-rise ready-built properties including flatted factories, ramp-up and … Continue reading

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The Richest Man in Babylon by George S. Clason

George Samuel Clason started writing a series of pamphlets on thrift and financial success using parables set in ancient Babylon, since 1926 before the Great Depression of 1930s. Based on known historical and archaeological records, Babylon was a civilisation known … Continue reading

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Buying SIA Bonds on the Singapore Exchange

Investors who are buying SIA Bonds on the Singapore Exchange will need to compute the yield to maturity of the Bonds before deciding on the purchase. This yield will be different from the coupon rate stated on the Bonds depending … Continue reading

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Remove emotive elements in investing

Over last three days of the week, I decided to take actions in cleaning up my Singapore equity portfolio. There were five counters bought between December 2007 and March 2008, the period before the global financial crisis blew up in … Continue reading

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SIA Bonds – Over-subscription

The application for Singapore Airlines (SIA) 5-year bonds closed on 28 September for the public tranche. The initial amount set aside for the public offer was $50 million. At the close of the public offer, $346 million was received. This … Continue reading

Posted in Financial Management