Ask an American during the 90s whether they know Singapore Airlines (SIA), you are likely to get a confirmed yes. But when you ask him where Singapore was, you may not get a very clear answer. That spoke volumes about how SIA as a national carrier punched above its weightContinue Reading

On 8 June 2020, Sembcorp Industries (SCI) and its subsidiary, Sembcorp Marine (SCM), jointly announced a proposal of $2.1 billion renounceable rights issue for SCM. This involves a 5:1 rights issue to existing SCM shareholders as well as Temasek Holding (TH)’s upfront billion cash injection of $0.6 billion. Following theContinue Reading

10th to 14th March 2020: The market was very bad. The STI tanks around 16% (2960.93 to 2493.95) and was still on the way down. The Dow Jones also had a bad outing. The worst performing stocks on the SGX sank as much as 50%. 15 May 2020: It’s aContinue Reading

On the requests of students concerning the recent SIA rights and MCB R, I have made a video to explain the technicalities of the rights issue. The last time I had SIA shares was more than 10 year ago While I have not been analyzing about SIA stock in particular,Continue Reading

Since the video on Wuhan Coronavirus (Covid-19) was made in the week immediately after the Chinese New Year (CNY), signs are now beginning to surface of the near-term situations of transport companies. ComfortDelgro (CDG), which has been facing a dwindling operating taxi fleet from more than 16,000 in the beginningContinue Reading

What a pleasant surprise! Temasek Holdings (TH) through its wholly owned subsidiary, Kyanite Investment Holdings, is proposing a partial offer to acquire 30.55% of Keppel Corporation to increase its shareholding from its current shareholding of 20.45% to 51.0%. Based on the latest annual report, as of 5 March, the 30.55%Continue Reading

Once again, Overseas-Chinese Banking Corporation (OCBC) is dishing out to scrip dividends to existing shareholders. With the discount of 10%, this translates to a mouth-watering conversion rate of $9.57 per share. Given the steep discount, it is likely that many existing shareholders would choose scrip dividends over cash unless theContinue Reading