Terence Tea: Like A Phoenix Rising From The Ashes

Following our feature of Mr. Terence Tea, Chairman and CEO of local-listed Accrelist and Jubilee Holdings, the shrewd businessman has recently been conferred the honourary title of Dato in Malaysia.

Gabriel Gan: Bank Stocks In Bear Market?

On 3 July 2018, I contributed a piece “Property Stocks Are In Bear Market?” to this financial portal that attracted more than 1 million users in 2017. Some or most of the property stocks were already in bear market territory on that day. Two days later on 5 July, the government announced property cooling measures to stop property prices from escalating. Such a move more or less condemned property counters to bear market territory.

Investors’ Corner (Frasers Logistics & Industrial Trust, Hi-P International, Singapore Technologies Engineering, China Aviation Oil)

Frasers Logistics & Industrial Trust’s 3Q18 results came in within our expectations with gross revenue and NPI rising 22.6% and 21.7% respectively. This was driven largely by contribution from acquisitions in Australia, annual fixed rental increment in the group’s Australia portfolio as well as incremental NPI from its Europe portfolio acquired in May-18. As a result, DPU improved 3.2% to $0.0541. Overall portfolio metrics remained healthy with high occupancy at 99.3% and only 0.1% and 3.4% of its leases expiring for 4Q18 and FY19, while aggregate leverage stood at 36.3% following the completion of Europe portfolio acquisition. Although there has been an increase in industrial supply in Sydney and Melbourne, demand continues to be strong which can be seen from the 4.6% growth in prime grade net face rents for Sydney in 2Q18. For Melbourne, prime grade net face rents grew 1.1%. Maintain BUY. OCBC Investment (3 Aug)

Gabriel Gan: 3 Key Reasons China Is Losing The Battle!

It is not a good day for Asian equities; it is a bad day for banking stocks in Singapore; and things are not looking rosy in the near future. It is a “tale of two cities” whereby we have a Bull Run in the US...

Three Reasons That Crashed Facebook

As soon as the management of Facebook Inc. finished with its earnings call for the second quarter, the share price plunged by as much as 24 percent in extended trading. In the process, the social media company lost US$130 billion of its total market capitalization – more than half of Singapore’s June 2018 foreign reserves of US$288 billion!

Trust Funds To Protect Family Wealth

Recently, I met a client who has been running a family business for decades after inheriting it from his father. The business involves the importing and exporting of raw materials and cuisine spices. Distribution covers the majority of local supermarkets and large restaurant chains. Unfortunately, the third generation has no succinct interest in running the business due to their tertiary education in other professional fields.

How To Pick Stocks Like A Pro?

In an interview with Money FM 89.3, Terence Wong, CEO of Azure Capital, shared with listeners of the SPH radio station on the key determinants when it comes to investing his clients' money.

Gabriel Gan: Property Stocks Are In Bear Market?

By Gabriel Gan A 20% correction in any index, or a stock, is considered bearish; some say that a 20% correction signals a bear market. As a picture of optimism is being painted of Singapore's property mark...