tag:blogger.com,1999:blog-7944902213075756335.post837495554353280949..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): CitySpring Infrastructure Trust: Worth another look?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger34125tag:blogger.com,1999:blog-7944902213075756335.post-78163826728260155382011-12-11T23:43:11.006+08:002011-12-11T23:43:11.006+08:00Hi Free,
It seems that you are pretty sure about ...Hi Free,<br /><br />It seems that you are pretty sure about this. <br /><br />For me, at least, Marc has been right in all those instances when I did take note of what he had to say.<br /><br />However, since I cannot say that I have been tracking Marc's views diligently through the years, I make a poor candidate to discuss his alleged lack of consistency or even integrity. So, I will have toAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-73364393507460145762011-12-11T23:29:26.260+08:002011-12-11T23:29:26.260+08:00Hi AK,
Faber was not being pragmatic, changing hi...Hi AK,<br /><br />Faber was not being pragmatic, changing his calls due to changing circumstances.<br /><br />The basis of his view that "world financial market will stay at low levels for a long time to come" was that "government injection of capitals into the market will not help". <br /><br />He later changed his tune and declared the Dow will go up. What is his basis for Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-65193013149121404612011-12-11T22:54:41.192+08:002011-12-11T22:54:41.192+08:00Hi Free,
Yes, no one can be right all the time. W...Hi Free,<br /><br />Yes, no one can be right all the time. Warren Buffet has been wrong before too. I won't call Marc a prata flipper just because he is pragmatic and changes his calls according to the circumstances. :)<br /><br />In essence, I agree with Marc that printing money will not solve the problems faced by the occidental economies. It is just kicking the can down the road.<br /><br AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-45026323133573090252011-12-11T18:18:57.305+08:002011-12-11T18:18:57.305+08:00I take what Faber says with more than a pinch of s...I take what Faber says with more than a pinch of salt (though what he says about world govts printing their way out of the crisis is sensible).<br /><br />Faber is one of the finest prata flipper; he has also been wrong many times.<br /><br />See what he said in 2008:<br /><br />GENEVA, Oct. 28 (Xinhua) -- The world financial market will stay at low levels for a long time to come, and government Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-49028824434545883452011-12-06T16:45:06.313+08:002011-12-06T16:45:06.313+08:00Hi serendib,
Hey, thanks for the link. Much appre...Hi serendib,<br /><br />Hey, thanks for the link. Much appreciated. :)<br /><br />Could help to put the brakes on inflation here in Asia, perhaps.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-47534544516167201192011-12-06T16:40:09.957+08:002011-12-06T16:40:09.957+08:00Hi AK,
ref liquidity - I thought you'd find th...Hi AK,<br />ref liquidity - I thought you'd find this article insightful. And yes, it is that bad out there in the banking market!<br />http://www.bloomberg.com/news/2011-12-05/credit-squeeze-hits-asia-trade-finance-as-adb-loan-demand-soars.htmlserendibnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-264652029910754942011-12-05T13:57:16.981+08:002011-12-05T13:57:16.981+08:00Hi Mark
Er... I am vested at the same price. So, ...Hi Mark<br /><br />Er... I am vested at the same price. So, I am not adding. If I were not vested, I might initiate a long position based on the TA I did.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9315938622319806922011-12-05T13:31:38.004+08:002011-12-05T13:31:38.004+08:00Hi AK
Is hyflux stil good today? it pull bac to 1....Hi AK<br />Is hyflux stil good today? it pull bac to 1.20 again.. yr opinion plz?Marknoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23097556447941793872011-12-05T10:26:16.883+08:002011-12-05T10:26:16.883+08:00Hi SnOOpy168,
I am not so sure it is a monopoly. ...Hi SnOOpy168,<br /><br />I am not so sure it is a monopoly. It can be considered an important player perhaps. :)<br /><br />Bad decisions made by a monopoly are not a big deal because it could just pass the costs on to its customers who would end up paying for its mistakes. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16461203004054093232011-12-05T10:08:43.222+08:002011-12-05T10:08:43.222+08:00Hi Serendib,
Perhaps less so now due to the tight...Hi Serendib,<br /><br />Perhaps less so now due to the tightening measures taken by the Indian and Chinese governments this year too. I have not been following what the Malaysians are doing.<br /><br />However, the Chinese are loosening money supply again as its economy and especially manufacturing and property sectors show signs of rapid deceleration.<br /><br />With inflation still untamed, theAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32055139296712737362011-12-05T08:45:32.814+08:002011-12-05T08:45:32.814+08:00"I am concerned that there would be yet anoth..."I am concerned that there would be yet another rights issue to further "strengthen its balance sheet""<br /><br />This counter has been one of my worse mistake ever. Lesson learned and still learning.<br /><br />I still don't like the idea that with a monopoly, they can still screw up.SnOOpy168https://www.blogger.com/profile/16073641443037165395noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-47454831727345529812011-12-05T01:06:05.306+08:002011-12-05T01:06:05.306+08:00Hi AK, I think it's a stretch to say that liqu...Hi AK, I think it's a stretch to say that liquidity is sloshing at the moment, especially when it comes to USD. Fortunately our banks seem to have it, but euro, m'sian, Chinese and Indian banks are badly short of USDSerendibnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-54456557137388121462011-12-04T22:02:43.890+08:002011-12-04T22:02:43.890+08:00Hi Drizzt,
Thanks for sharing the link. :)Hi Drizzt,<br /><br />Thanks for sharing the link. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-83483351419124082582011-12-04T20:34:03.796+08:002011-12-04T20:34:03.796+08:00MIIF have ran up to 55 cents from a low of 46 cent...MIIF have ran up to 55 cents from a low of 46 cents.Here is a dbs vickers detail report on it http://www.investmentmoats.com/money-management/high-yield-investing-money-management/a-detail-dbs-vickers-macquarie-international-infrastructure-report-miif/<br /><br />the safe estimation is instead of asking if 5.5 cents is a good yield, ask whether a conservative 4 cents is good enough on you.Thats aKyithhttps://www.blogger.com/profile/07617228143744544821noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-88435060046050845152011-12-04T20:02:30.917+08:002011-12-04T20:02:30.917+08:00Hi Free,
Yes, I believe that money printing might...Hi Free,<br /><br />Yes, I believe that money printing might not work very well for much longer. <br /><br />In the last crisis, credit froze and money printing was necessary to restore confidence. This crisis, we have low interest rates and liquidity sloshing. Granted, credit has been freezing up in the eurozone but we still face inflationary pressures in Asia due to excess liquidity.<br /><br /AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-66049744675572229832011-12-04T18:30:21.590+08:002011-12-04T18:30:21.590+08:00Then again, the Europe crisis could be different f...Then again, the Europe crisis could be different from the last crisis, as can be seen that world governments have mastered the art of money printing and massive liquidity injections, as seen most recently the provision of cheap USD. <br /><br />Thus, we could experience volatility as sentiments shift from pessimism to optimism, but the implosion could be postphoned yet again due to global Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11851616587114733892011-12-04T17:15:46.348+08:002011-12-04T17:15:46.348+08:00Hi Anonymous,
Ah, yes, of course, it could happen...Hi Anonymous,<br /><br />Ah, yes, of course, it could happen that way. No one could be sure. I guess this is where we have to do what we are comfortable with.<br /><br />Personally, I already have a long position in MIIF. If its price goes up and I don't get to buy more at a lower price, so be it. If it should weaken, I would be glad to buy more. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89568321240124995532011-12-04T17:13:01.704+08:002011-12-04T17:13:01.704+08:00Hi Anonymous,
Would you like to include your name...Hi Anonymous,<br /><br />Would you like to include your name or initials in your next comment? ;)<br /><br />Yes, for sure, people buying into CitySpring now would be buying into a relatively better proposition than those who bought last year, for example.<br /><br />It is now less bad. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-44663959711614646372011-12-04T17:03:42.865+08:002011-12-04T17:03:42.865+08:00I'm interested in MIIF too.. but it has risen ...I'm interested in MIIF too.. but it has risen so much from Mar 09 low.. Perhaps we shouldn't look at it that way, but there is much uncertainty in the Europe crisis. If it implodes, the lows could very well be revisited.<br /><br />I remembered during the last crisis a fren said capitaland was cheap at 2.50; I agreed but I knew the crisis will cause it to get lower. I later bot capland atAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20714566565183262602011-12-04T16:59:16.619+08:002011-12-04T16:59:16.619+08:00Looking at another perspective, one positive thing...Looking at another perspective, one positive thing cityspring has is that the bulk of its debts was acquired thru Basslink years ago i.e. fundamentals was already vey bad at the time of Basslink acquisition, yet price was around 40c+<br /><br />Now that it has raised rights twice to pay off its debts, thus having its fundamentals improved (relatively speaking), its price has fallen to the low 30sAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-25685387978621711162011-12-04T16:40:04.310+08:002011-12-04T16:40:04.310+08:00Hi Ray,
Go to my left sidebar and look for my blo...Hi Ray,<br /><br />Go to my left sidebar and look for my blogroll "Investors and Traders". Look for "Bully the Bear". <br /><br />Welcome to the world of cboxers. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-66406135724434971692011-12-04T16:36:42.155+08:002011-12-04T16:36:42.155+08:00Hi Affordable items,
Oh, yes. We must not forget ...Hi Affordable items,<br /><br />Oh, yes. We must not forget KGT. Haha.. It is definitely lesser of the two evils. <br /><br />At my entry price in KGT, if they do not do any acquisition at all, I worked out my absolute returns to be a bit more than 1.1% per annum over the remaining lifespans of its assets' concessions. This also assumes that the concessions would not be renewed.<br /><br />AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-42814682559952139692011-12-04T16:33:07.723+08:002011-12-04T16:33:07.723+08:00Hi AK,
What is LP website URL? Would like to drop...Hi AK,<br /><br />What is LP website URL? Would like to drop by. TksRayhttps://www.blogger.com/profile/16883833861386039879noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-65511096007034868432011-12-04T16:19:21.029+08:002011-12-04T16:19:21.029+08:00i would look at K-green instead with the 0 debt ge...i would look at K-green instead with the 0 debt gearing. of cos K-green has its cons but if given a choice, i would stay clear of both :PSeahhttps://www.blogger.com/profile/11336272086045180095noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23055120897761817602011-12-04T16:17:45.079+08:002011-12-04T16:17:45.079+08:00Hi Drizzt,
Thanks for the recommendations! :)
Af...Hi Drizzt,<br /><br />Thanks for the recommendations! :)<br /><br />After our chat in LP's cbox, I went and bought more MIIF at 48c. It has turned out nicely. You're the man! ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com