Category: Singapore Stocks Investing
Dear readers, it was reported on 28 Nov 2017 that Mr Lee Ark Boon, CEO of IE Singapore would be stepping down from the helm of IE Singapore to join the private sector. As the search is now on for the next CEO of Starhub, naturally, it leads me to wonder whether Mr Lee Ark Boon will be joining Starhub as the next CEO. However, Mr Lee may not be the only natural candidate for the Starhub Chief post as there are some other possible names as I have shared here .
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Dear readers, recently the US dollar has retreated slightly versus the Singapore dollar. As it now stands, 1 USD equals to SGD$1.34; down much lower than the SGD $1.38 which the USD dollar has managed to climb to on expectations of the interest rate hikes. If you are of the view that it is a matter of when and not whether US dollar will trend higher versus the Singapore dollar, it may be time now to make use of this market opportunity. Read more »
Dear readers, recently we have a slew of IPOs. To recap, we had RES Holdings IPO, followed by MindChamps IPO. And for this week, we have No Signboard IPO as well as Cromwell IPO. I would like to share with you some important updates here in relation to the four IPOs. Read more »
Dear readers, you would have agreed with me that MindChamps stock which recently made its debut on the SGX amidst a much oversubscription has performed well. Yesterday, MindChamps stock closed at $0.96 per share which is $0.13 (or 15.66%) above its IPO per share of $0.83 per share. I believe investors who are invested into MindChamps did so for a couple of reasons like the MindChamps brand name, the growth prospects of private early childhood education in Singapore and the fact that SPH, a Temasek-linked company has a stake in MindChamps. MindChamps owns, operates and franchises infant care centres, pre-schools, enrichment centres as part of its business.
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Dear readers, it was announced that yesterday civil servants will get a full month bonus, on top of their 13th month bonus for year 2017. For the whole year 0f 2017, inclusive of the 0.5 month bonus paid in July 2017, the total bonuses for a civil servant works out to be 1.5 months bonus. This is not including performance bonus as well as the 13th month bonus paid to a civil servant. I think the news of the year-end bonus is a positive one for civil servants though I myself am not one. I am happy for my friends who are civil servants as they will be getting the one month bonus. Read more »