I did some elementary analysis. Dragged out the companies that are highly geared. For that I used companies whose Total Assets are more than 4 times Total Equity. And included their debt servicing… Continue reading
Yours truly had been traveling the whole month, and is now back. When we left off the last time, we said the Malaysian incumbent will stay in power, and the USD will strengthen… Continue reading
Moody’s announces reviews for downgrade of three banks’ subdebt ratings in Singapore “Moody’s highlights that the reviews of the banks’ subdebt ratings are not in any way related to any deterioration in the… Continue reading
*** GUOCOLAND SENIOR PERP-NC-3: UPDATE #1 *** * NEW SENIOR PERP-NC-3 ANNOUNCED, ANCHORED BY SUBSTANTIAL INTEREST * PX GUIDANCE AT LOW 5% AREA * STRUCTURE: SENIOR PERP-NC-3, RESET IN YEAR 3 & EVERY… Continue reading
Hindenburg omen was mentioned a few times last month and they have gone quiet after the SPX flew to historic highs. I was lucky I did not pay much attention to it, keeping… Continue reading
My first thought on Muddy Waters‘ new fascination, Stanchart, was why the bonds and not the stock ? Second slightly more libertine thought was, Muddy Waters locking horns with Temasek again ? Within… Continue reading
There has been a lot of noise about gold. Bank traders are telling us to sell and that it is the end of the commodity supercycle which is of no surprise because of… Continue reading
Spare a thought for Mother Earth this Mothers Day. It is not just the Dow that hit a historic milestone this weekend. On May 4th, global carbon dioxide concentration in the atmosphere hit… Continue reading
Warren Buffet‘s Berkshire Hathaway Finance just came out to issue a 5Y and 30Y bond at 1.3% and 4.3%. No wonder he would not buy Apple bonds because Apple issued their 5Y at… Continue reading