I believe big or small got it's pro & con, just matter of are you able to ride on your pros.

Life is never fair

Singapore is First in the world. But can't say the same for its lousy stock market. Most company cannot even growth in SGD term, due to its strong currency.

Any ideal whether we are allow to claim back 10%tax deducted from cash distribution of REIT shares from Singapore tax department?

There's no tax by SG govt.

NO tax for ALL Individuals ONLY.

Sandy could be representing a company that bought REIT units. Let her confirm,...

-Ignored-

This post has been edited by Ramjade: Oct 29 2019, 08:41 PM

Thaibev anyone?

ThaiBev considering IPO of US$10b brewery business

https://www.businesstimes.com.sg/companies-...rewery-business

Edit to add:

Trading of Thaibev halted 1:19pm just now...

https://www.businesstimes.com.sg/companies-...eport-sgx-query

This post has been edited by markedestiny: Nov 29 2019, 02:14 PM

accidently bought yesterday.. why? good news?

Thaibev considering IPO as per news above...

Edit to add: listing valued at USD10Billion is the biggest for SGX since 2011 and includes its assets in Thailand Vietnam (great!). Stock went boom before trading halted midday.

I managed to buy some this morning

This post has been edited by markedestiny: Nov 29 2019, 02:31 PM

Yeah,.. quite a lot of institutions watching this in SG now,... but I heard this is a secondary listing,.. and the biggest thorn here is their debt is very high. Heard from my conversations over the weekend,...

Is the debt due to its expansion plan into Cambodia and Vietnam market and acquisition of Sabeco in 2017?

Yeah bro,... more so towards its acquisition of Sabeco. Said Sabeco will need a few yrs to be able to start yielding results,... hmm,...

But I did not do the chk-and-balance,... just listened to the conversation only,...

OK, if debt due to biz expansions for future, I think still accumulate if hold long. Also I like their prospect of investing into Cambodia and Vietnam market.

Ok,... but I've seen long-term company plans and strategies got debunked when economic conditions changes, and especially so with so many disruptors in today's environment.

Need to be careful though, especially when gearing is too high.

Things change too rapidly today !

since buying in around Dec last year, Thaibev has made me pretty happy.
the CLMV play is big.. this guy knows his bread and butter business.

not planning to sell since the cost is far from here. Alcohol isnt a bad business to be in , in ASEAN.

Yes, you have a strong margin-of-safety then.

In fact, I do hear a lot of ThaiBev,... but I don't study it much after looking at its divvy payout. It's in a good industry, no doubt.

I think I have read somewhere the mgmt of ThaiBev is related to the mgmt of the sponsor of three of my REITs, namely the developer,.. Frasers Property Limited (FPL).

Yes, thanks for the caution. I will asses the risks as I move along. This is not the riskier stock that I hold as I am holding some China stocks just because of future growth potentials as I like to believe.