Serious and fundamental flaws in how our CPF funds are allocated
The size of Singapore’s CPF fund as of Q3 2018 was $383.9B, equivalent to approx. US$284B with 2 million active members and approx. 800,000 retirees. We recently heard that the average return is a few hundred dollars for a maximum of 30 years. (incidentally our CPF fund is the 8th largest “pension fund” in the world when...
Why abandon a strategic national asset?
I received this email from a friend, who has not invested in Hyflux. Hi Kin Lian. Hyflux was once a "national strategic asset" strongly encouraged by authorities to "sink" their precious savings including CPF. It is now "abandoned" by same PAP "elitist" team. I am fascinated by what Indonesian tycoons saw in Hyflux with their...
Hyflux: Details of $1.165bn debt securities
Ignore the last column because these were indicative prices from DBS Securities, sometime last year. Borrowed graphic from BT. My comment Hyflux reflects the old broker’s truism that high yields and good news do not go together. Hyflux is warning of investing in high dividend yield stocks also applies to buyers of junk debt...
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- Caoliangoh on Pakistan to nuke Israel if…
- Pandora’s box on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- Liar on Pakistan to nuke Israel if…
- unprovoked aggression on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- PAP mandate strong on Pakistan to nuke Israel if…
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