SGX and IDX stocks is makiing me very busy... last few weeks now looking at MY stocks again. 

See few pages back ler.. i gave summary.. 

The property market value dropped, no RPGT

Yala yala...I took that into consideration, scrapped this idea liao

Looking at OUG Parklane

1) Gross yield only 3.7%

but...but...but...my girl friends like that place...convenient

CPO...apasal my Ta Ann kaboom then?

Always need to balance the portfolio mar.. cannot all dump into 1 basket.

OnG about 20% lar.. 

Yup still holding.. reasons below

Armada Clair is worth about 20% of total earnings. Based on 4+ 4 contract. This will affect the total revenue and profit and they might have to write down the asset value. This WILL hit the financial report badly in the next Q.

However Armada Clair started first oil in August 2014, so contract already run for 1.5 years, only 2.5 years remaining. Armada has filed request for $197 million compensation from Woodside as they have an ironclad contract. The fact Woodside has already provision for cancellation of contract in 2015 annual report for $128 million means they recognize they have no way out from the contract.

The why did Woodside cancle the FPSO? Because according to their calculation the loss from continue operating the Balvanes field with be much much higher than paying compensation to Armada. The Balvanes field (which is bought from Apache in 2015), initially shows good results, but the tapering of the oil production in 4Q 2105 shows that the 2P reserves (proven reserves) is much lower as initially estimated, so they decided to axe the field and shut it down.

Exact words (taken from Woodside 2015 annual report) :
In fact that Woodside already made provision, means they intend to settle and should not be in a court case, in the end the settlement might be worth between $128 - $197 million. The final figure will be recognized as 'other income' when the negotiation is done.     

Dont touch this if you are not willing to hold until 2018 or more... 

Did anyone listen to the breakfast grill session with Arul Kanda just now?

This guy is really... really... good. Very smooth talker and in control of his temperament. Quite assertive and careful with his words, facts and statements. They definitely got the "right" man for the job.

No choice, feet inside water liao.. 

Been buying since 2014.. 

Hoping for recovery of OnG.. 

No immediate catalyst.. so not short term punt here. 

Waiting fro $80 by 2018 

Dialog is overpriced, not much upside. 

Oil price up or down not much impact to dialog, as they are doing oil storage.

How about one of you start a new property stocks thread?

Still around, don't worry... very hectic year at work, keep on traveling to ulu ulu place.. not much time to trade  

I see unkle Boon also back 

I am busy divesting my active holdings into an income portfolio.. now collecting lots of SG reits.. wanna retire early

Oh yeah.. my OnG stocks still stuck. 

Last year bought some shares too..  Scicom and superln ..still holding 

I exit when i see some stocks are over valued.. some i still keep. And some i sell because i have better fish to fry.