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La Papillion

AIMS AMP Capital Industrial nil-paid rights counter are listed

February 25, 2014 by La Papillion
Thanks to a reader, I’m alerted to two new counters in SGX that is listed but not traded yet. These are the rights counter set up to allow holders of AIMS AMP Capital Industrial reit to trade their rights issues. They are AIMS R (counter code: TZ7R) and AIMS R25 (TZ8R). AIMS R should have [...]

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Why my parents are so eager to invest

February 24, 2014 by La Papillion
My parents passed me another 60k to invest around early Feb. This is after the initial tranche of 50k. I found out a bit more why they are suddenly so keen to put their money to work. They said that they’ve put it in the savings account for almost 10 years, then realised that the [...]

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How I suck at primary school math

February 20, 2014 by La Papillion
A good friend of mine asked me to solve this primary 5 math problem for her. It goes like this: At a charity walk, 150 participants were adults. 1/3 of the children were boys. If 1/4 of the participants were girls, how many people were at the charity walk? Can I do it? Of course, [...]

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How to apply for rights and what are the options?

February 19, 2014 by La Papillion
Wow, sometimes I surprised myself by my older post.. I did a newbie guide’s to shares long long time ago. Happened to click on it again and I saw that I had made a very detailed guide to apply for the rights, right down to which option to choose when pressing on the ATM! It’s [...]

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Capital Mall Trust (CMT) bonds balloting results are out!

February 19, 2014 by La Papillion
The balloting results are out for the Capital Mall Trust (CMT) bonds. The announcement is made here. Some comments: 1. The balloting ratio of 1:1 means that everyone who applies will get some. Might not be all but at least you won’t go empty handed. 2. They are quite kind to small investors. Everyone who [...]

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Capital Mall Trust (CMT) bond issue timeline

February 17, 2014 by La Papillion
I finally managed to get a digital copy of the prospectus for the Capital Mall trust bonds. Couldn’t find it at MAS Opera site, as promised by them. Anyway, when I tried to get the bonds through internet banking, the prospectus are there for all to read. No mention of any early redemption or special [...]

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How to hack AIMS AMP Capital Industrial reit Rights Exercise

February 16, 2014 by La Papillion
AIMS AMP capital industrial reit announced a rights exercise last Friday. It’s a confusing 7 rights units  for every 40 shares of mother shares at a rights unit price of  $1.08. I can never understand how they derive these kind of strange numbers. Anyway, I’m interested to arbitrage on the rights issue and I’m sharing [...]

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DBS 4.7% preference shares redemption part 2

February 14, 2014 by La Papillion
Seems like there’s a lot more to say about the DBS 4.7% preference shares redemption. I’ve been a little unfair to DBS on this previous post here. From well informed friends (thanks cory and pero), I learnt that DBS actually exchange that preference shares with another one with higher payout and shorter tenor around Nov [...]

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DBS 4.7% preference shares redemption

February 13, 2014 by La Papillion
I was alerted this morning by a notice from DBS to redeem the 4.7% preference shares. It’s here. My first thoughts are that I haven’t even got the interest yet from the preference shares and now they are redeeming it?! Upon closer examination, I realised that they are redeeming back another preference shares, one with [...]

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Growing alfalfa sprouts

February 12, 2014 by La Papillion
As you can see from my previous post on growing wheat grass, I’m starting to become a urban home gardener. It’s the first step to take control of the things that we eat, which I believe will directly affect our health. There’s a lot of advantages to growing your own produce. I think firstly, you’ll [...]

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CMT retail bonds

February 10, 2014 by La Papillion
Capital Mall Trust (CMT) made an announcement today that they are going to issue retail bonds. The terms of the bonds are as follows: 1. Years to maturity = 7 years2. Interest = 3.08% pa, paid semi-annually on 20th Aug and 20th Feb, starting this Aug3. Capital guaranteed if held till maturity since it is [...]

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Clearing the clutter

February 6, 2014 by La Papillion
Do you believe in clearing clutter? I do. And I’ve been procrastinating for years and today I’ve finally done it! The clutter had been there even before I’ve moved to my new house and had been lying there for another 2+ years before I finally can’t take it anymore and went to settle all of [...]

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Running yourself like a company – Cash flow analysis II

February 5, 2014 by La Papillion
I think it’s important to take a look at your cash flow pattern throughout a year, so that you can plan out a budget or simply have the cash ready for big payments in certain months. I know, nothing ever works according to plan, but knowing what will definitely happen and what can happen is [...]
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Running yourself like a company – Cash flow analysis I

February 3, 2014 by La Papillion
I’ve been running a series of posts on the theme of managing yourself like how you would run a company. There are three important financial statements to report to regulating authorities or to investors; these are the income statement, balance sheet and cash flow statement. I’ve already commented on the first two. The links for [...]
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Running yourself like a company – Balance sheet

January 27, 2014 by La Papillion
The next report to look at is the balance sheet. This shows how your liabilities are like against your assets, and also the breakdown of the liabilities and assets. The sum of your assets minus your liabilities will be the book value of a company. In terms of your personal balance sheet, this is known [...]
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Beware of percentages

January 25, 2014 by La Papillion
On Saturday, I saw this newspaper clip on the Forum section of Straits Times, where readers write in to comment on issues. I put a copy here, with my own underlined paragraph: Click on it to enlarge. Taken from ST, 25/01/14 (my own underlined paragraph though) The author wrote that “total expenditure for social development [...]
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The poor who commutes by public transport

January 23, 2014 by La Papillion
We all heard about this ang moh Anton Casey who post in his facebook that people who took public transports are poor. Hmm, really? Well, for one thing, a Porsche (a car that he reportedly drives) cost around half a million. If I can save half a million dollars from buying that porsche and take [...]

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Running yourself like a company – Income statements

January 22, 2014 by La Papillion
You should run yourself like a company. There are certain beneficial practices in running a company that we can learn from. There are 3 important reports that can determine the state of the health of a company. These are the balance sheet, the cash flow statements and the income statements. A company needs to have [...]

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