If you follow my blog, you know I was bullish about the energy sector since a few months back when everybody’s focus was on technology stocks and bitcoins. I also reiterated my conviction in my August “Ivan’s reflection”. My thesis was simple: The economic rebound after Covid lockdowns have lifted will boost consumer demand. Lower […]
Playing a Catch-Up Game – Ivan’s Investment Reflection in August 2021
In my earlier July investment reflection “battleground in a decoupled world”, I talked about my feeling that China has chosen to de-couple from the rest of the world and mind their own business. Here was my summary: China has politically decided to be head-to-head with the US. China’s “dual circulation” actually means to close the […]
Investing the GIC Way – How to Ride Out and Profit From a Global Pandemic Crisis
The global pandemic has changed how we live and invest in many ways. But we need to be clear that what we are experiencing is not the first crisis, nor will it be the last in your lifetime. Life goes on. As an investor, there are lessons to learn and yet to be learned. The […]
Time For The Forgotten – Ivan’s Investment Reflections in April 2021
2021 started as a continuation of 2020, with “stay-at-home” beneficiaries, technology and China stocks doing very well for the 1st month. China stocks are the best performing asset until March. But the tide quickly turned with the crash of both US Technology shares and China stock market. Interestingly, Singapore, one of the most unloved markets […]
Astrea VI Bond IPO: Why You Should Have Applied Via Private Placement
On March 8, I have alerted readers of the latest Astrea VI Bond issuance through my blog and Telegram Channel. Astrea has just announced its Astrea VI allocation result today. The final coupon for the retail S$ tranche is 3%. It is not fantastic, but good enough for many, especially the retirement income seekers. But […]
Astrea VI Bonds – New issuance of Azalea PE-backed Bonds
I wrote an article in 2019 when Astrea V was launched, I was not thrilled with PE bond offering such a low yield of 3.8% back then. But since the pandemic last year, the broad market interest rate has dropped to an even more ridiculous level. So PE-Backed Astrea Bond does appeal to some investors […]