Monthly Archives: February 2017

“The Return of Sherlock Holmes” by Sir Arthur Conan Doyle – A Book Review

When you thought that Sherlock Holmes had died in Sir Arthur Conan Doyle’s previous book, ‘The Memoirs of Sherlock Holmes”, he appeared mysteriously in “The Return of Sherlock Holmes”. Holmes did disappear together with Professor Moriarty in the Reichenbach Fall. … Continue reading

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Pulse of the economy – look into SPH

Have you noticed that the Classified section of The Straits Times was thinner and lighter in recent times? This was borne out by the announcement made by Singapore Press Holdings (SPH) on the first quarter financial results ended 30 November … Continue reading

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There was a hive of activities this morning.

We were walking towards Lorong 4 market, Toa Payoh, this Sunday morning. To our surprise, we witnessed a group of elderly people doing directed stretching-exercises beside the outdoor exercise equipment. This was not common. I thought this was a good … Continue reading

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Water Price Increase – Singapore Budget 2017

The talk of the town this week was water price increase of 30% resulting from the Singapore Budget 2017 statement in parliament. 30% increase will be phased in and starting July 2017 and then July 2018. Naturally, I looked at … Continue reading

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Losses on Currency linked Investments – My experience

Back in 2008, I invested S$400,000 in currency linked investment (CLI). CLI is a short-term yield enhancement structured product based on investor’s view of the exchange rate movement between 2 currencies. The currency pair was Aussie dollars against Singapore dollars … Continue reading

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Profits down for 2016

Based on the financial results released so far for 2016, there was noticeable trend of negative performances for most companies I am tracking. Counter Year Profit ($m) Year-on- Year Change (%) Remarks Keppel Corp 783.9 -48.6 SPH 45.7 -43.8 1 … Continue reading

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Comparison of DBS, OCBC and UOB – FY 2016

All three local banks had released their full year financial results for 2016. Banks Q4 Profit ($m) Change (%) Year Profit ($m) Change (%) DBS 913 -9.0 4,238 -5.0 OCBC 789 -18.0 3,473 -11.0 UOB 739 -6.2 3,096 -3.5 All … Continue reading

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