Author: The Fifth Person

Steady domestic demand to continue driving Singapore’s growth in 2017

The Institute of Chartered Accountants in England and Wales (ICAEW) is forecasting a higher gross domestic product (GDP) growth of 2.7% for Singapore this year, citing improved growth dynamics and the ongoing recovery in global trade. In its latest Economic Insight: South East Asia report, the institute notes that the outlook for Asean’s economy remains […]

The post Steady domestic demand to continue driving Singapore’s growth in 2017 appeared first on The Fifth Person.

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How saving just $11 a day can make you a millionaire

Before you think this article is a bunch of hyperbole, I want to say that, yes, it is possible to make a million dollars by saving just $11 a day. The only thing is… it won’t happen overnight. So if you’re looking for a silver bullet or some magical “get-rich-quick” scheme that will bring you eternal riches right now, you’ll have to look elsewhere (and I’m not sure if you’ll ever find it). But if you’re looking for a steady, no-frills, no-bull method of building your wealth and enjoying your golden years when it’s time to call it day, then...

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6 things I learned from the Tower REIT 2017 AGM

Tower REIT is a Malaysian office REIT with a portfolio comprising two prime commercial office buildings in the Klang Valley: Menara HLA and HP Towers. The combined total net lettable area (NLA) of the portfolio is 735,020 square feet. Menara HLA is a 32-storey office building (NLA of 396,820 square feet) situated in the heart of the Golden Triangle in Kuala Lumpur – the main central business district comprising prime office buildings, retail centres, and international class hotels. HP Towers comprises a nine-storey and 21-storey office building with a combined NLA of 350,056 square feet. The property is located...

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5 reasons why I invested in Carlsberg Brewery Malaysia

After investing for close to a decade now, I am starting to realize that when it comes to investing, “Less is more”. Sorry for sounding too philosophical but what I mean is this: Sometimes, it’s better to invest in companies with a simple-to-understand business model rather than digging deep into a complicated business like Noble Group Limited (SGX: CGP), hoping it might be an undervalued stock. I used to be an investor who liked the challenge of looking at complicated businesses and possibly finding hidden value I could take advantage of. However, over the years, I see myself looking...

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11 things we learned from Hektar REIT’s 2017 AGM

Hektar REIT is Malaysia’s first retail REIT. Its portfolio currently consists of five well-established neighbourhood and regional shopping centres situated around Malaysia in Subang Jaya, Melaka, Muar, Sungai Petani, and Kulim with a combined value of RM1.09 billion. Hektar REIT’s cornerstone investor is Frasers Centrepoint Trust, part of the Fraser & Neave Group, headquartered in Singapore. The REIT is managed by Hektar Asset Management Sdn Bhd, and was formed with a vision to develop world-class shopping centres for Malaysian consumers based on international best practices. 2016 was a significant year for Hektar REIT as it marked the tenth anniversary...

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10 things you need to know about Westports Holdings before you invest

Named after the Malacca Sultanate, the Strait of Malacca serves as one of the most important shipping routes in the world. It is strategically located between the Indian Ocean and the Pacific Ocean, linking major economies in East Asia to the Middle East, Africa and Europe. For centuries, nations who were rich and powerful colonized Peninsula Malaysia to monopolize this trading route. They include the Portuguese in the sixteenth century, the Dutch in the seventeenth century, and the British in the eighteenth to twentieth century. Today, the Strait of Malacca is the second busiest waterway in the world. It...

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8 things we learned from IGB REIT’s 2017 AGM

IGB REIT (Bursa: 5227) is a retail REIT that owns two prime properties strategically located in Klang Valley, Malaysia: Mid Valley Megamall and The Gardens Mall. Mid Valley Mall is Malaysia’s largest retail mall with a net lettable area (NLA) of 1.82 million square feet and 6.092 carpark bays. The mall is a one-stop destination for locals, out-of-state residents and tourists alike. The Gardens Mall is high-end retail mall that houses international luxury brands and is targeted towards expatriates and upper-income households from nearby affluent residential areas in Bukit Tunku, Bangsar, Damansara Height, Mont Kiara, Sri Hartamas, Seputeh, and...

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How much do you need to retire at 45 in Singapore?

There is no reason why the official retirement age (currently 62) should be the “right” age for everyone to retire on. All of us have different ideas about retirement, and different standards of living. If you can get by on less, you may be able to retire. Here we look at two different standards of living and how much you need to get to them at the age of 45: Working out how much money you need Let’s start by working out how much money you’ll need per day. We’ll assume a 3% annual rate of inflation and assume you...

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5 reasons why Digi.com is on my watchlist

I recently decided to switch my mobile provider from Maxis to Digi.com. This was after years of using a mobile provider that hardly provided me with any coverage most of the time. However, when I made the switch to Digi.com, it got me thinking about the telecommunications industry. I remembered when I was young, there were only two telcos in Malaysia: Celcom and Maxis. Digi.com was then a small telco startup with bad coverage and bad service. Yet, in the last 20 years, Digi.com has grown to be on par with the two incumbents, with revenues close to RM6.6...

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13 things you need to know about Astro Malaysia Holdings before you invest

In Malaysia, we have several free-to-air TV channels. They include TV1, TV2, TV3, NTV7 and 8TV. TV1, TV2 and TV3 are mainly targeted for Malay viewers as they air more Malay programmes. NTV7 has more English-language programmes and it closely resembles Channel 5 in Singapore. Meanwhile, 8TV is catered for the local Chinese audience as it has more Chinese programmes. These channels all have one thing in common: Regrettably, they have gradually lost their appeal among urban viewers in Malaysia. The reasons are obvious. Firstly, their content is outdated. For instance, these channels continue to air old Wong Fei...

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12 things I learned from Lippo Malls Indonesia Retail Trust’s 2017 AGM

Lippo Malls Indonesia Retail Trust (LMIR; SGX: D5IU) is a Singapore-listed retail REIT with a portfolio of 20 retail malls and seven retail spaces located in Indonesia with a total net lettable area of 851,850 square metres. 10 retail malls and three retail spaces are located in Jakarta alone. LMIR’s properties have over 3,400 tenants and well-known tenants include Carrefour, Zara, H&M, McDonald’s, and Starbucks. LMIR’s sponsor is PT Lippo Karawaci Tbk, a real estate developer in hotels, retail malls, and hospitals. PT Lippo Karawaci Tbk is the largest public company in Indonesia by total assets and revenue. As...

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4 reasons why Public Bank could have made you a millionaire today

I recently opened a bank account at Public Bank. When I was at the branch, it was noisy, chaotic and felt like a visit to a government department. I had to fill up an account opening form that was badly photocopied, waited in line for close to an hour before finally getting my bank account opened. I was issued a savings account passbook — the type where you have to slot into an ATM to update its balance. Yes, it is 2017 but that’s how an average person still opens an account at Public Bank. It may be very...

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21 things I learned from AirAsia’s 2017 AGM

Started 16 years ago with only two commercial planes, AirAsia (Bursa: 5099) now flies 174 commercial aircraft covering 225 routes connecting 109 destinations in 18 countries. By the end of this year, shareholders will be proud to know AirAsia will be operating 202 aircraft. With the motto: “Now everyone can fly”, AirAsia has flown 369 million people since its beginning. I (and many of you) have certainly contributed to this statistic. Last year alone, AirAsia flew 56.6 million passengers. It is well-known that Tony Fernandes, group CEO of AirAsia Berhad, bought the troubled and debt-ridden airline for one ringgit...

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8 things you need to know about BIMB Holdings before you invest

Today, Islamic banking remains as a key driver of growth in the local banking industry in Malaysia. Over the past decade, both local and foreign banks have set up Islamic banks to provide a wide range of Shariah-based financial services to local Muslim customers which made up approximately 70% of the population of Malaysia. To name a few, they include OCBC Al-Amin, HSBC Amanah, and Standard Chartered Saadiq. Perhaps, if you’re reading this, you may wonder how Islamic banking differs from conventional banking. For a start, Islamic banking refers to a system of banking that compiles with Shariah law. It...

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8 things I learned from Al-Salam REIT’s 2017 AGM

For those who have travelled between Singapore and Malaysia through the causeway, you have noticed the City Square Mall located right beside Johor immigration complex. For years, City Square Mall has been the only modern mall located on the main street of Johor Bahru. However, in recent years, the redevelopment of Johor Bahru city has brought us the Komtar JBCC mall. Fully opened only in 2015, the building is four-level shopping mall that has created a new shopping experience for visitors from both sides of the border. The mall has an Angry Birds theme park and has attracted many...

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