Author: Sleeping Devils Adventure

Guocoland FY2017 Results

I’ve initiated a smallish position with Guocoland earlier this year in April at 1.85 At that point, Guocoland is trading at about 40% off their NAV, which I feel that Guocoland is trading a very big discount and given a very attractive valuation. Recently, they have a run up to 2.28, which is about a 20% increase and currently at their 52week high. With the opening of TPC, it will be a big recurring income for them as well as giving them a higher RNAV. Guocoland has released their Full Year results recently and has declared a 7 cents...

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REIT IPO – Cromwell European REIT

24 Aug 2017: CROMWELL European Real Estate Investment Trust (Cereit), a Singapore Reit with portfolio of assets in Europe, has received an Eligibility-to-List (ETL) nod from the Singapore Exchange for its estimated one billion euros (S$1.6 billion) initial public offering (IPO). SGX has issued Cromwell with its Eligibility-To-List with regard to its IPO. Listing is expected to commence at end-September 2017. Cromwell European REIT (CEREIT) Australia-listed Cromwell Property Group’s REIT IPO will comprise of European office properties As of 31 December 2016, Cromwell posted a market capitalization of $1.7billion and total assets under management of $9.8 billion across Australia,...

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DBS Multi-Currency Account

From the previous post about my Japan internship opportunity. I’ve since started with the planning, budgeting for this trip and has also been working even more often to save up for the trip. As I will be there for a prolonged period, I will need to have a better plan and management over my resources when I’m there. Apart from your travel documents and clothing, one important thing to bring along is definitely cash. As I will be there for approximately 3 months, it will not be exactly feasible for me to bring a big sum of money over...

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An opportunity to Japan

First and foremost, a very big thank you to the kind compliments & advice some readers and seniors is providing me with. I’m extremely grateful for that. As much as I will remember that I’m still very young and there’s a long journey ahead, I must also constantly remind myself that I’m only 19 once, I will need to have some fun along the way and not be regretting that I did not enjoy myself when I’m younger. Coming to my final year in the school, I will be embarking on my internship, which I will be able to...

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A duet between ComfortDelGro & Uber?

ComfortDelGro in talks with Uber over possible alliance?   CDG has announced earlier today that it has signed a letter with Uber Technologies for an “exclusive discussions” on a possible “strategic alliance” Despite ‘taxi booking’ has been made available through Uber/Grab’s platform some time ago, it is important to also note that most rider uses Uber/Grab’s private-hire rather than CDG’s taxi as it is a cheaper alternative. The promotion given to rider could easily allow rider to travel between short distances for free or maybe as cheap as $1. As mention previously in the post regarding CDG’s FY2017 Q2...

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