Thursday, May 25, 2017

Maybak #14 - Maybank posts stronger Q1 earnings of RM1.7b

Wednesday, May 24, 2017

Legendary Investor Asher Edelman Says "I Have No Doubt" PPT Behind Market Rally

Monday, May 22, 2017

It Takes A Bullshitter To Know A Bullshitter

Hoosier's note: In my opinion, Obama is the BIGGEST Bullshitter!!!

Sunday, May 21, 2017

Trump Signs "Single Largest Arms Deal In US History" With Saudi Arabia Worth $350 Billion

"We Will Go To War; We Will Fight You": China's Xi Threatens Duterte If Philippines Drills For Oil

These Eleven Retailers Will File For Bankruptcy Next, According To Fitch

Hoosier's note: I had a great shopping experience at Sears in the 1980s when I studied in the US of A. At that time, there was a builing called the Sears Tower (name after Sears for being the biggest Tenant of the building), in Chicago, which was the world's 3rd tallest building in the 1980s. I had also visited the then Sears Tower and visited the observation deck (which had been redesigned and is now called the Skydeck Chicago).

Carlsberg Malaysia Brewery #9 - 新年销售强劲.皇帽首季净赚6739万

Tuesday, May 09, 2017

PREHL #134 - AXA Tower strata-title sale generating good profit

Hoosier's note: On Page 12 of the Presentation of the 1Q2017 results, PREHL reported that it had sold a number of office units, at AXA Tower, at an average price of about S$2,559 per square foot.

From the record, the AXA Tower was acquired at S$1.17 billion or S$1,735 per square foot in January 2015.

Hence, the average gross profit from the sale of the office units is S$824 (S$2,559 - S$1,735) per squre foot.

After deducting the cost relating to the AEI (Asset Enhancement Initiatives), I believe PREHL is making good money on the Strata-Title Sale of the offices at AXA Tower.

Jeff Gundlach Explains Why It's Time To Sell US Stocks, Buy Emerging Markets

Sunday, May 07, 2017

A Problem Emerges: Central Banks Injected A Record $1 Trillion In 2017... It's Not Enough

...BofA's Michael Hartnett noted that supersized central bank intervention which he dubbed a "liquidity supernova" is "the best explanation why global stocks & bonds both annualizing double-digit gains YTD despite Trump, Le Pen, China, macro..."