The tide has turned

The stars are clearly at it.
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.

Cannibalization of ready to eat business in Taiwan

Convenient stores in Taiwan has started to move some of their stores to bigger footprint in neighbourhood areas and catering breakfast and lunch by providing tables/chairs, in addition to their ever-growing food items for sale.  The act of providing tables/chairs has extended the times(number of minutes)customers staying in the stores thereby extended the times of capturing the eyeballs of the customers, and therefor most likely will lead to increased revenue generated


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

I was reading Ramit Sethi's newsletter, and the few lines in the end of the newsletter strikes a cord in me, eering similarity with a book titled "Zero Cost Economics" that I read recently

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.