Monday, January 31, 2011
Securities Industry Dispute Resolution Center(SIDREC)
Penang - Reverse brain drain
Property prices has rose
Penangites has come back from afar
Soon it will attract a limit nos of talent from E&E and services industry
Friday, January 28, 2011
The legitimate wealth transfer
Fictitious names/companies/characters/stories copyright © 2011 Aenith Inc. All rights reserved.
Thursday, January 27, 2011
Life money illusion
This book briefs us about how the present monetary system came about, how capitalism drives the printing of money creating inflation and deflation. More specifically, this book talks about why the current system is not sustainable, that the world must find a better way rather than blindly chasing for growth, so that our future generations will not inherit an inhabitable world from us.
Did you ever wonder
about why you received calls from strangers regarding insurance but there was never any calls from strangers regarding MLM products?
Why? why? Why?
Wednesday, January 26, 2011
XYZ Sdn Bhd
XYZ Sdn Bhd bought back one of its subsidiaries at a price that is slightly above book value. The buyer is a company setup recently by 2 unknown persons. The transaction occured months before a high court verdict involving the subsidiary over a relatively huge transaction.
Fictitious names/companies/characters/stories copyright © 2011 Aenith Inc. All rights reserved.
How many of us bothered to read the 100++ pages prospectus
If you had even bothered to read prospectus of a recently listed REIT in Malaysia stock exchange, you would have realized that the favourable yield given for its hotels under management is valid for the first two/three years only. What happens after that initial two to three years? Are we going to witness a drop in yield?
Sunday, January 23, 2011
Uniqlo
Uniqlo striked the jackpot by providing wide variety of designs and colours with above average quality at mass market prices.
Notes: Wing Tai Singapore owns 49% of Uniqlo Singapore, Wing Tai Malaysia owns 45% of Uniqlo Malaysia
Saturday, January 15, 2011
The tide has turned
Aenith would begin to introduce companies/industries that do things differently
This is not a buy or sell recommendation
The coming inFLATion
- SWF monies in commdities and related companies
- cranking $$ printing press
- banks flooded with hot monies are forced to look for new ways to optimize its net interest margin after stern property cooling measures, particularly in Hong Kong and Singapore
-last but not least, the disappearing food bonus, food and petrol subsidies has been reduced a couple of times in a year in a South East Asia nation, which will lead to a permanent 10-15%(wild guess) increment in consumer goods prices(especially staple food items)in neighbouring countries.
Monday, January 3, 2011
Cannibalization of ready to eat business in Taiwan
When business gets too big so much that they cant find much growth in their traditional markets, they have to branch out to other areas. In this case above, the convenient stores has cannibalized into the eatery business.
The internet economy
Saturday, January 1, 2011
REIT FAQ – why why why
I am not going to tell the answers here. Read it in my upcoming book which will be published in 2011 or 2012 if there is sufficient interest
Question No 1
1) Why Robertson Walk will never be injected into Frasers Centrepoint Trust or Frasers Commercial Trust?( I am not saying totally impossible..but its a sure 99.99999999999999999999999999999999999999999999999999% no)
Question No 2 is related to Question No 1
2) Why City Square, Johor Bahru will never be injected into CapitaMalls Malaysia Trust??( I am not saying totally impossible..but its a sure 99.99999999999999999999999999999999999999999999999999% no within a 5 years period)
Question No 3
3) Why Starhill Global REIT(YTL’s Singapore REIT) will continue to trade at below 1x book value(currently 0.6x) despite repeated buy calls from analysts?(unless something major happens)
Queensbay Mall acquisition by CapitaMalls Asia
CapitaMalls Asia bought Queensbay Mall at RM651.8 million at 5% yield. People are asking in forums why the heck CapitaMalls Asia bought it at such an expensive valuation. I know why(what are the things they are going to do to the mall exactly, what is the ….what are the…)but I am not going to tell it here. Read it in my upcoming book which will be published in 2011 or 2012 if there is sufficient interest
YTL has done it again
YTL bought Niseko Village, 617 hectares of land for 223 million and then sell Hilton Niseko Village for 222 million to Starhill REIT. In other words, YTL got 200-room Green Leaf Hotel and two 18-hole golf courses, and 155ha of leased ski mountain land on which are situated seven ski lifts and 15 ski trails for RM 1 million. The master is at it again.