Archive

Market Uncle

Do we need to monitor the stock market so closely?

March 6, 2010 by Market Uncle
Hectic but fruitful life after a new entrant Ever since my girl was born and my confinement lady left, life have been very hectic, tiring and sometimes frustrating. Eventually, when she learnt to smile at us, its had been one of the happiest moment of my life and instantly felt all this was worth it […]

in Categories: Uncategorized

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Investing in REITs – Really for the yield?

December 30, 2009 by Market Uncle
Business model of typical REIT People invest in Real Estate Investment Trust (REIT) primarily for the stable dividend yield. REITs are supposed to provide good source of passive income for those with neither the cash nor the leverage capacity to invest in typical properties for passive rental income. Is this really so? Before answering that […]

in Categories: Investing

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Investing in REITs – Really for the yield?

December 26, 2009 by Market Uncle
Business model of typical REIT People invest in Real Estate Investment Trust (REIT) primarily for the stable dividend yield. REITs are supposed to provide good source of passive income for those with neither the cash nor the leverage capacity to invest in typical properties for passive rental income. Is this really so? Before answering that […]

in Categories: Uncategorized

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6/6 Hindsight vs 0/6 Foresight

December 14, 2009 by Market Uncle
6/6 Hindsight Comment and analysis articles started popping up everywhere after Dubai World requested creditors to delay debt repayments for 6 months. Articles explaining how the collapsed of these property castles built on shaky grounds of leverage was just a matter of time and listed so many warning signs that any idiot could predict this crisis […]

in Categories: Featured, Investing

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6/6 Hindsight vs 0/6 Foresight

December 11, 2009 by Market Uncle
6/6 Hindsight Comment and analysis articles started popping up everywhere after Dubai World requested creditors to delay debt repayments for 6 months. Articles explaining how the collapsed of these property castles built on shaky grounds of leverage was just a matter of time and listed so many warning signs that any idiot could predict this […]

in Categories: Uncategorized

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I bought MacArthurCook Industrial REIT on 18 Nov — a bet gone wrong?

November 22, 2009 by Market Uncle
6 November 2009: MacArthurCook Industrial REIT (MI-REIT) announced a severely value destructive recapitalisation plan on the 6 November 2009. 11 November 2009: Cambridge Industrial Trust (CIT) annouced the usage of $10.5m out of $28m from recent private placement to acquire 9.76% interest in MI-REIT. 16 November 2009: CIT alerted MI-REIT unitholders to the value destructive […]
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I bought MacArthurCook Industrial REIT on 18 Nov — a bet gone wrong?

November 21, 2009 by Market Uncle
Some history 6 November 2009: MacArthurCook Industrial REIT (MI-REIT) announced a severely value destructive recapitalisation plan on the 6 November 2009. 11 November 2009: Cambridge Industrial Trust (CIT) annouced the usage of $10.5m out of $28m from recent private placement to acquire 9.76% interest in MI-REIT. 16 November 2009: CIT alerted MI-REIT unitholders to the […]

in Categories: Uncategorized

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Cut loss on United Food and Ocean Sky, invested into Suntec REIT on 28 Oct 2009

November 2, 2009 by Market Uncle
United Food Holdings Mistakes are mistakes, no matter how they are packaged. United Food Holdings is one of the most spectacular value destructing business on my portfolio. Starting with a huge cash horde which translates into a large cash per share, it can easily qualify as one of my best cigar butt. But as time […]
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Cut loss on United Food and Ocean Sky, invested into Suntec REIT on 28 Oct 2009

October 31, 2009 by Market Uncle
United Food Holdings Mistakes are mistakes, no matter how they are packaged. United Food Holdings is one of the most spectacular value destructing business on my portfolio. Starting with a huge cash horde which translates into a large cash per share, it can easily qualify as one of my best cigar butt. But as time […]

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Took profit on Cambridge Industrial Trust and Courage Marine on 2nd October 2009

October 18, 2009 by Market Uncle
Rationale Both had almost doubled in share price since I acquired them. For past investments, I would have sold 1/2 of my holdings to recover my capital and let the ‘profit’ grow. But for Cambridge Industrial Trust (CIT) and Courage Marine, I decided to trim my holdings by about 1/3 each instead. I decided to […]

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Reinvested remaining proceeds from SPC into KS Energy on 29 September 2009

October 10, 2009 by Market Uncle
Motivation Despite the recent oil price correction from above USD $147 last year to current level fluctuating around USD $70, I believe the demand for crude oil for energy needs, and accompanying support services will surge again as the world economy gets back on its footing. KS Energy KS Energy operates in the oil & […]
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Reinvested remaining proceeds from SPC into KS Energy on 29 September 2009

October 10, 2009 by Market Uncle
Motivation Despite the recent oil price correction from above USD $147 last year to current level fluctuating around USD $70, I believe the demand for crude oil for energy needs, and accompanying support services will surge again as the world economy gets back on its footing. KS Energy KS Energy operates in the oil & […]

in Categories: Uncategorized

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