Monthly Archives: October 2013

Singapore Press Holdings – Full Year Results 2013

Singapore Press Holdings (SPH) reported its full year results for the year ended 31 August 2013 (FY 2013) recently. This report covered the period from 1 September 2012 to end 31 August 2013. SPH continued to under-perform this financial year … Continue reading

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Investment income took another beating – SPH

Looking at the latest financial results of Singapore Press Holdings (for year ended 31 August 2013), net income from investments fell 57.1% from $32.59 m to $13.97 m. Even for previous financial year ended 31 August 2012, net income from … Continue reading

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The Mousetrap

The stage play The Mousetrap by Agatha Christie premiered in London West End in 1952. 60 years later, I got to see it in Singapore. I had meant to catch the murder mystery play while I was visiting London but … Continue reading

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OCBC 5.5-Year SGD Interest Rate Linked Structured Deposit

OCBC is promoting this structured deposit (SD). It is not a plain vanilla time deposit. It is interest rate-linked. Duration of SD is 5.5 years. Payment of interest is half yearly as follows: Interest rate for Year 1 is 1.20% … Continue reading

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Peace of Mind

Nature of our mind is to think. We cannot stop thinking. We think of wholesome things as well as unwholesome things. Thinking of generosity, compassion, loving-kindness, non-covetousness are wholesome thinking. Thinking of unwholesome things will be the exact opposite of wholesome … Continue reading

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Fear returns five years later

15 September 2008, Lehman Brothers filed for Chapter 11 bankruptcy protection. This single event exacerbated the festering financial crisis faced by the US into a global financial crisis seen in 2008/09. Five years later, we see another potential global financial … Continue reading

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SPDR Straits Times Index ETF is now EIP

Finally, SPDR Straits Times Index ETF is now an Excluded Investment Product (EIP) or Non-Specified Investment Product (non-SIP). It is now the same as Nikko AM Singapore STI ETF. The disparity was removed from 30 September 2013. Any retail investor … Continue reading

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