Monthly Archives: August 2016

The real cost of averaging down

“I do not like to lose”. Joseph Schooling who recently won an Olympic gold medal for Singapore mentioned this, possibly several times, during interviews. In fact, nobody likes to lose. Whether we are in school, at work, in games or … Continue reading

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Post-Swiber: Expect more difficulty for companies to raise funds

The past 12 months have been dominated by companies raising funds through bonds or perpetual issues in anticipation of interest rate hike by FED. There were no short of investors.  Many of the issues were over-subscribed, and most of these … Continue reading

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Swiber bonds

After paying for the maturing bonds, Swiber’s debt remains at $551m. (see table). Assuming that all the bonds were issued at $250k per unit, it would meant that each bondholder held more than one unit of bond in all the … Continue reading

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Oil prices and related stocks

If you have been reading and following the oil trends back in the seventies, you would probably have come across some futuristic books such as from Alvin Toffler mentioning that fossil fuel is likely to be depleted in 50 years’ … Continue reading

Posted in Keppel Corp, SembCorp Marine, YZ-Offshore & Marine, Z-FINANCIAL EDUCATION, Z-INVESTMENTS | Tagged , | Leave a comment