tag:blogger.com,1999:blog-7944902213075756335.post5219501929958965217..comments2024-03-29T10:22:24.187+08:00Comments on A Singaporean Stocks Investor (ASSI): FSL Trust: Private placement.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7944902213075756335.post-76870882141433097822011-06-12T21:47:13.858+08:002011-06-12T21:47:13.858+08:00Hi Nick,
Thank you very much for the update. Much...Hi Nick,<br /><br />Thank you very much for the update. Much obliged. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-79950359417735028702011-06-12T16:49:10.580+08:002011-06-12T16:49:10.580+08:00Hi AK,
I was reviewing my notes on FSLY and reali...Hi AK,<br /><br />I was reviewing my notes on FSLY and realized I made an error in my computation. The cash in-flow from the 2 vessels which amounts to US$2.2 mil (estimated) is for an annual basis.<br /><br />New Computation: = (US$5.7 X 4+ US$2.2) mil / 655.6 mil units = 0.953 US cents per quarter. <br /><br />Personally, while the numbers looks good, the deal overall is a poor move. The Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-8373873342088624502011-06-09T23:25:34.034+08:002011-06-09T23:25:34.034+08:00Hi Nick,
Thanks very much for this. I was wonderi...Hi Nick,<br /><br />Thanks very much for this. I was wondering if I should do an estimation of the new DPU after these recent acquisitions but, honestly, I was half hoping you would do it for me and you did not disappoint. Much obliged. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32691780048022268242011-06-09T23:12:54.698+08:002011-06-09T23:12:54.698+08:00Hi AK,
I did some rough calculations to predict t...Hi AK,<br /><br />I did some rough calculations to predict the DPU haha -<br /><br />It used US$23 million backed by US$23 million debt to purchase a 2006 built product tanker vessel which would generate US$4.7 million lease revenue annually. Since this is a bareboat charter, I cannot compare the return with the latest acquisitions from PST. Assuming 6% interest rates on the loans (1.4 mil) and Anonymousnoreply@blogger.com