own!

oh man this guy's room own!!! this is what i wanted. :(

this guy abit crazy use projection tv.

i notice he not using bunk bed from ikea!!!

hmmm. i shall ask him for specification!

*oops he use ikea bed frame!

worrying.

stumbled upon Genting Rights Issue exercise.

this have huge implications for singapore. and me! for my investment.

generally when companies issue rights share that means

they are in debt, need capital etc...

of coz everyone know Genting and Sands building casino

huge investment and definitely they have huge loans.

thus the rights share exercise.

this person's side of story.

Hang Lung Properties’ Chan Says Singapore’s Casinos Will ‘Flop’
2009-09-10 05:20:36.882 GMT

Sept. 10 (Bloomberg) — Ronnie Chan, chairman of Hang Lung
Properties Ltd., Hong Kong’s fifth-biggest developer by market
value, said the two casino-resorts in Singapore will fail
because they won’t be able to attract high-rollers.
Las Vegas Sands Corp., the casino company controlled by
billionaire Sheldon Adelson, and Genting Singapore Plc, a unit
of Asia’s biggest listed gambling operator, are building
Singapore’s first two casinos.
“The big rollers are what make money in casinos, they will

never come to Singapore, it’s a family entertainment” location.
“You think big-rollers will go to Singapore where they
have teeth and fangs coming out sideways? There are too many
rules. I was in Sentosa island, I really think that it’s going
to be a flop.
“The whole integrated entertainment industry, I’m worried
for them. The good thing about Singapore is that if you flop,
you’re given a second chance.”

i will take only 2 cents from this article though.

subjective article!. must look at objectivity!. :)

i put my trust in Suntec! go go go!

very nice

if you are wondering whether its computer graphics or wat??

its real! not graphics.

google tilt shift photography.

amazing isnt.

try to solve this

Jim bought some chocolates and gave half of it to Ken. Ken bought some sweets and gave half of it to Jim. Jim ate 12 sweets and Ken ate 18 chocolates. The ratio of Jim’s sweets to chocolates became 1:7 and the ratio of Ken’s sweets to chocolates became 1:4. How many sweets did Ken buy?


question from this year psle.

die liao. i couldnt do this question! holy shit.




answer:68

chewing gum!

CHECK THIS OUT!
wouldnt know chewing gum will be so much fun!
LOL. kudos to those crazy people :)
hmmm can add to my bucket list!!!

Bank interest?

as all of us know.
the bank interest rate have gradually dropped to almost zero.
best would be ocbc fairprice plus @ 0.3%p.a
eg. 10,000 = (10000x0.3% = 30)! wtf 30SGD for a year.

just one two years back,
interest rate was @ 2.38% so its still justifiable to park money there.

so now a better parking choice would be
stocks and funds.
fund would be DBS enhanced income.
low risk. i havent look into it yet.

stock would be SUNTEC REIT!
low to mid risk.
why i say park money there.
it pays out dividends 4 times.
i calculated historical prices
it works out to be close to 0.1 per share
meaning if u got 10 lot (1 lot =1000share)
10000*0.1 = 1000 (dividend)! at end of year

worried that stock market crash?
yup of coz must worry.
lowest historical price of suntec is 0.57
current price is 1.04
but if you are not those regular traders
you just wanna park your spare cash there
then no worries right?
so just wait collect dividends can le!
im taking about those parking for 5 yrs and more

if you think suntec reit(real estate investment trust) will lose its value
singapore/temasek cui, causes the stock price to plunge
then refrain.
if the above scenario really happens
singapore will become sinkapore already.

just my 2 cents! food for thought
comments welcomed!

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