ARA Asset Management and $1.78 a share.

After my ARA "fixed deposit" has been redeemed, what remains is my original investment which I paid $1.00 to $1.32 a share for.

Although the offer of $1.78 would mean a 35% to 78% capital gain, I would be losing a very consistent and meaningful source of passive income. 

A yearly 5c dividend per share (DPS) gives me a yield on cost of 3.78% to 5% and from a growing business with a very strong balance sheet too.

At $1.78 a share, a 5c DPS gives a dividend yield of 2.8% which is still pretty decent considering the fact that ARA pay out only about half of their earnings as dividends.

As an investor for income, naturally, I would like to continue receiving dividends from companies such as ARA. 

With an impressive full year 2016 performance, I am even more reluctant to let go of my investment in ARA now. 

So, I have decided not to accept the offer.

See presentation slides: HERE.

Make 15-18% a month or 180%-216% annually!

READER

I got a cold call FB request from a stranger

"I am from research expertise firm, we promote discipline & professional way of stock trading for consistant profit I found that you are interested in SGX Stocks "I am not inviting you for brokership Basically we promoting our trading strategies for consistent profit For stocks we have some master strategies like Volume Spread Method in this strategy you can minimize your risk "I am inviting you to try my trading strategies. In this you wil get 15-18% return in just 1 month and it grow in a consistent manner"

AK:

I get these sometimes too. I just block them immediately.

If can make 15-18% a month or 180%-216% annually, i think he should borrow from the bank and trade himself.

i usually just accept FB fren request becos 99% of my FB frens are not frens

i thought got ho kang tao mah. hahaha . play with him awhile then i block

i just block if turns out to be soliciting for XXX or XXXX or XXXXX...

u big buaya la diff

u so free lor

show trading records liao. i eat finish lunch eat snake

ROFL. i go watch k drama.... will nap later... 88

88

5:46PM

yawn

song lah wake up liao. Siesta damn song

yes, it was a very nice nap

song i just abt to leave office nia. Steady leh 180% returns the guy say his strategy can make. I am impressed he gave me 2015 n 2016 numbers hahaha. Seriously such lousy scam still exists

you banned him liao, i suppose

Banned, just now tempted to see what the impressive strategy is all about He immediately ask me how much I can invest Haha

LOL. Wonder how many victims liao

U think got ah Gong go invest in him? Pretty obvious leh

Maybe I should publish this in my blog

Haha as long as u take out my name Pls do so