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Running out of ideas?
By Mr. IPO  •  September 18, 2012
I am running out of ideas for the SRS fund.
I was contemplating if i should get into Hutchison Port (the Sing dollar version), considering its yield of more than 8% (if i remember correctly) but i would have preferred to get in at 88c or below.
In the end i didn't buy because it is a business trust and that i am uncertain if there will be more weakness in the export economy of China but the downside seemed limited to me.
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Someone suggested China Merchants Pacific, a toll road operator in China. The yield is about 7.5%.
I have not been following this China stock but i understand the parent is a reputable company and the Company has been paying out dividends in the past.
I was even contemplating buying some cocoa powder but in the end felt that it is currently too heaty to drink milo and personally ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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