They chose financial independence over home ownership.

This is somewhat extreme but watch how this Canadian couple chose financial independence over home ownership.  They are in their 30s and,...

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"E-book" by AK

Second "e-book".

Another free "e-book".

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Yum cha sek jiu with AK.

Friday, August 8, 2014

Quick upload:

One week old banana in the fridge.

Chinese tea.

Would you like to guess how much did my tea break cost?

What did you have for tea break?

How much did it cost you?


Related posts:
1. Afternoon tea break with AK.
2. What did you drink for tea break?
3. Think we can't save $400,000?
4. Lunch made with love.
5. Gourmet sandwich by AK Deli!


Chia Chin Yeh said...

Can do a post on yongnam?

AK71 said...

Hi Chia,

Hmmm... There isn't much more to say that has not been reported in the media really.

I am staying invested because I believe the company is going through a rough patch and that things will get better with all the opportunities out there in the next few years. :)

E H said...

Bananas left in fridge degrade fast.

E H said...

Don't leave your banana cold.

AK71 said...

Hi E H,

Skin looks bad but everything still good on the inside. ;p

Passive Income Builder said...

50 cents?

E H said...

What you swallow may not be fine. Better let your banana hang loose outside.

AK71 said...


You think so? I am not sure actually. Sounds like a fairly good guess. LOL. ;p

AK71 said...

Hi E H,

Ahem... er... ahem... -.-"

Roy Thian said...

Hey ak,
I am also staying vested in yongnam.


AK71 said...

Hi Roy,

Comrades in arms, we are. LOL. ;p

Yongnam has an experienced management and a proven track record. It also has the critical mass to take on very large and multiple projects.

With so many projects up for grabs, it is inconceivable that Yongnam will not get its fair share or more than its fair share if they are lucky.

Having said this, I will stay cautious and not add to my long position unless its share price should weaken further. 20c? Perhaps. 18c? Yikes, probably. ;p

Roy Thian said...

Hey ak,
Thank you very much for your personal feedback. I know we have a few iconic projects coming up in pipeline in singapore. Yongnam will definitely get something.

Having said that, overall sentiments for construction industry will be pessimistic. Hence, I don't think we should be too heavy on construction related stocks. Esp if their market only in singapore.

I will also come in more slightly about $0.17 after reading the cmib report.

By the way, happy national day!

AK71 said...

Hi Roy,

I agree that this is turning out to be a tough year for Yongnam.

However, I am not too sure that Yongnam is worth only 17c a share, taking into consideration its NAV of almost 24c a share.

Well, crossing fingers. ;)

Lizardo said...

I'd estimate 30 to 50 cents. Of course, if your banana was left over by somebody in the office fridge, and if the tea bag was provided in office coffee break, I guess it would be 0 cents in that case.

For mine, usually 0 cents. I don't take tea breaks. 8)

Solace said...

Came across a very good quote on personal finance while reading some story book. May as well share here.

"The fool will spend his money on worthless thing, the wise will spend his money to better himself. A man's worth can be measured by how he spends his money"

Very simple yet profound. :)

AK71 said...

Hi Solace,

Oh, dear. I just spent almost $10.00 on chocolates over the weekend at a discount store... -.-"

Thanks for the quotation. ;)

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