The last time I blogged about HPH Trust was in August 2011 or almost two years ago. I was not really keen on the Trust primarily because I felt that the distribution yield was not high enough compared to the alternative investments available.
Now, I think all of us must have read or heard of the strike by port workers that is going on in Hong Kong. It has been going on for a month or so by now. There doesn't seem to be an end in sight.
I was told by a friend in Hong Kong that she sympathises with these workers because apparently their salaries are kept really low to help the port operations keep cost levels almost unchanged in the last 10 years! That is truly amazing.
I thought she could be exaggerating but reading the weekend edition of The Business Times this morning gave her account credence. Ideally, a ......