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Tea with AK71: A loaf of bread.

Thursday, June 2, 2011

I enjoy convenience and I have told quite a few people that I do not like to spend too much time preparing food or eating. Food to me is a necessity. That, very much, is it.

However, I do enjoy spending hours in a nice restaurant with good company. It is the company that makes it worthwhile for me in such instances.

Some of my earlier blog posts on the types of low cost food I enjoy attracted myriad comments, some encouraging, some discouraging and quite a few incredulous! Well, here is another.

I have been trying to avoid wheat because it is bad for my blood type, apparently. Unfortunately, I like bread very much and I particularly like those with raisins!

Raisins are good for my blood type and maybe, they would cancel out the negative effects of wheat. Oh, this loaf has rolled oats as well and oats are good for my blood type too. Two against one! This loaf of bread has my stamp of approval!

Blood type diet aside, this is a loaf of bread that is loaded with goodness. Periodically, I would buy a loaf and it would usually last me 2 to 3 days. 2 slices and I am full. There are about 10 slices or so per loaf. So, that makes 5 meals for me.

Cost? This loaf of bread usually retails at S$2.95 each. It was going for S$2.50 each at NTUC Fairprice. I don't know if  the special offer is still on though.

Convenient, low cost and something I enjoy. This formula never fails. :)

FSL Trust: Acquisition.

Nothing much has been happening to FSL Trust lately although its unit price has suffered from weakness. I suspect that the weakness of the US$ and the shipping sector as a whole could have been a dampener.

The latest news is an acquisition of a "Long Range II (LR2) product tanker from TORM Singapore, a wholly-owned subsidiary of TORM A/S for US$46 million ($56.7 million).... The transaction will be immediately cash flow accretive to the trust and will increase the trust’s total remaining contracted revenue to US$602 million, excluding extension options. The average remaining lease term of the trust’s portfolio will also remain at the current 6.8 years."

Will this be a positive catalyst enough to send its unit price higher?




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