For myself,.. some ctrs, can time while others can't,....

SGD MYR now 3.10...

Wah.. That's super bearish view of MYR

Careful of timeline. https://www.singaporeair.com/en_UK/my/about...ghts-issue-mcb/

https://www.singaporeair.com/saar5/pdf/Inve...resentation.pdf

Airlines business generally negative cash flow unless heavy in freight business. 3 years down in should be alright. It's about strong vs weak. Stronger airlines with good backers should ride the wave well. HK gov, Swire and Air China are doing the same to Cathay Pacific as far as I know.

Starting to buy Abf SG using my excess SGD.

What am I getting?

1. 2.3% pa yield in SGD
2. Capital gains when there is an economic slowdown, recession and deflation.

Risks:
Capital loss if interest rates go even higher and stays there. Basically, I'm catching the falling knife here

But, I'm betting that even if interest rates go higher from current levels it will be temporary and will come crashing down.

BT 210522: https://drive.google.com/file/d/1Iu2XxYvB22...iew?usp=sharing

Astrea 7 PE bonds (Class A-1 and class B now available):



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Tiger Brokers now caps settlement fees for US stocks and ETFs trades after BT reported about the "free-commissions" pitfalls not long ago.

Yes !

SGD has fallen 4% vs the USD YTD. Compare this with other currencies,... I heard my peers out there saying,... all other currencies also dropped what,... then I replied : Which one dropped the least ?

The one that dropped the least will strngthen against the others that dropped more, this is the mathematical formula.

MAS Mtg on Oct 14 ( I think,... can't remember exactly),... and if MAS tightens again at that date,... then,... chances are high for the SGD to equal back the drops vs the USD,... or perhaps becomes even stronger than the USD.

Guess what happans to the SGDMYR exchange rate after that ???!!??

SATS plunged 14% as of now.

DBS 1Q 23 result: https://links.sgx.com/1.0.0/corporate-annou...440154d016706ec

Some more results:

ComfortDelgro: https://links.sgx.com/1.0.0/corporate-annou...ee6ca9f78207afe

SBS Transit: https://links.sgx.com/1.0.0/corporate-annou...19ea6035dc64e99

Far East Group: https://links.sgx.com/FileOpen/HY2023%20Res...t&FileID=768999

Changi Airport Group: https://links.sgx.com/FileOpen/CAG%20FY22-2...t&FileID=769221

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Received my matriculation card today, so can enter NTU library for the first time!

As with all SG universities, there are complimentary free Straits Times and Business Times.

Unfortunately, usage of scanners (conventional or "overhead" visual scanner) will be charged in the library... So, can't scan the newspapers like what I did back in HK. I am trying to explore other options. Most likely, I will just use my mobile phone's cameras to snap some photos and upload here, especially the Hock Lock Siew and other BT commentary columns.

Stay tuned!

https://researchgrant.gov.sg/pages/Awarded-...CompanyCode=moe

The project duration seems to be wrong. My PhD should be a 4-year programme, and not just 36 months. I need to clarify with my supervisor on that.

Maintained at 48c 😚

DBS results: https://links.sgx.com/1.0.0/corporate-annou...90f2bd3d81e0f50

But still their currency strengthens, bro,... never mind,... print more-lar,...

Really huat,... this year,....

Now will see what will UOB and OCBC offer in their coming ann'ts,..... maybe giving bonus shares too ? OCBC has more excess capital than UOB !!!!!! At the very least, the divvy payout will be a lot !!!!!!!!!!!!!

Majulah,....

" Higher dividends do not constrain our growth. We have got the reverse problem because we have too much capital with CET-1 at 14.6%.
With the Basel IV regime, we have even more excess capital during the transitional period.
Frankly, we have enough to do more M& A if we want and still have the capacity to grow." Gupta says.

" We should be able to sustain the 24-cent per year increase for two to three years. It is not just payout from earnings for the year,
but there is also an element of a capital return from the stock position as we currently have a CAR ratio that is quite high," she (Chng Sok Hui, group CFO,) adds. 

" We will continue to maintain a baseline $0.24 annual dividend per share increment over the enlarged post-bonus share base.
I think we could also do special dividends or other forms of capital returns. We will have greater clarity in the middle of the year
when there is better line of sight on interest rates and, hopefully, when the technology issues are behind us," Gupta indicates.

BT 010424: https://drive.google.com/file/d/10_-DTa9_mr...iew?usp=sharing

--------------------------------
Yes. If you can afford, I recommend DBS and OCBC.

I might be biased because I have both SG bank accounts... But to argue logically, DBS has the support of Temasek... it's a Temasek-linked company, so to speak, so it's always perceived to be safer compared to the other 2 banks.

From a user's perspective, OCBC's service is pretty nice and a lot better compared to DBS (not sure how it compares to UOB, you need to ask others). They never spam your mailbox with T-bill application letters and will notify you card transactions overnight instead of quietly deducting your money like DBS. Financial-wise, they have a big insurance arm Great Eastern (complained by a lot of people lol, agents complain low commissions, the insured always find it difficult to claim for certain sickness/illness..., so that speaks about its profitability ) OCBC is always the more conservative one among the 3 banks, its CET-1 ratio is also the highest. 

I personally hold OCBC only for now because I can't afford to fork out some 3200 SGD in one go for a single stock... But first choice is always DBS. then either OCBC/UOB based on your banking experience and other factors.

Ocbc is family bank? That's why must buy kedekut banks. You got one very gung-ho bank, another kedekut bank. Balance each other out. Cause if you die, wee wealth also gone.