Penny Stocks (Dengue) Fever

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Penny stocks fever turned into dengue – haemorrhage. As a follow up to my post in September, I decided to revisit that list of biggest gains to see where they are now.  https://tradehaven.net/market/small-caps-heaven-in-singapore/… Continue reading

Bonds In Conversation : And The Best Bond Award Goes To

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SINGAPORE It is a subjective matter but the best bond on the menu in Singapore would go to the new 20Y government bond auctioned in Aug this year which is trading at 106.50… Continue reading

Horror Halloween Part 2 – SGD Corporates Bonds : What Fund Managers Are Saying And A Bit On Retail Bonds

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Two old friends whom I have grown up with, both running sizeable SGD bond portfolios in reputable asset management firms, over an honest drinks session which started with a discussion on the pros… Continue reading

Ad Hoc Commentary – saving the world monetary system

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The Bretton Woods system was born on 22 Jul 1944 and was destroyed on 15 Aug 1971 when President Richard Nixon severed the US dollar link to gold. Thus, the system we have… Continue reading

Horror Halloween Special : SGD Corporate Bonds – New Vanke, Tata and Tata and Ananda

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Vanke SGD 4yrs announced and deal is already well anchored by real money accounts Coupon guidance :  3.30% Comps: Keppel land 3.1575 2017 @ 101.75, 2.67% Capitalmall Asia 3.95 2017 @ 104.85, 2.60%… Continue reading

Talking Aloud : Twilight In Trading Markets

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Two top currency-dealing banks confirm involvement in global investigation into possible manipulation of FX markets – referring to UBS and Deutsche. http://online.wsj.com/news/articles/SB10001424052702304200804579164841995315318 Stanchart puts senior fx trader on leave, reported yesterday on Reuters.… Continue reading

Easy Money New Issue Review : Heeton Holdings

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NEW ISSUE: HEETON HOLDINGS SGD 2 YR ISSUE Issuer:           Heeton Holdings Limited Status:           Direct, unconditional, unsubordinated and unsecured Notes Rating:          Unrated Format:         Reg S, S274 & 275 of Singapore SFA Tenure:          2 Years… Continue reading

Repeat After Me, APPLE Is Not A Tech Stock

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Zico has a few tricks up his sleeve – his Dirty Dozen stocks, for he is not a believer of diversified portfolio management and, the latest one he is sharing with me, his… Continue reading

SGD Rates and Bonds Weekly

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Economic News Sep CPI +0.1% MoM vs expected +0.6% Sep CPI +1.6% YoY vs expected +2.0% IRS Core inflation +1.7% and the central bank is guiding 2014 inflation lower to 2-3%. Lots to… Continue reading

First USD Issue Guaranteed By Singapore Govt : Clifford Capital USD 5Y

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CLIFFORD CAPITAL US$ 5YR GUARANTEED NOTES: GUIDANCE T+57-60 ** Issuer:  Clifford Capital Private Limited Guarantor: The Government of Singapore Guarantor Ratings: Aaa / AAA / AAA (Moody’s / S&P / Fitch) Expected Issue… Continue reading