tag:blogger.com,1999:blog-37872616.post4181180792087126864..comments2024-03-28T18:20:20.744+08:00Comments on BULLy the BEAR: Perennial Real Estate 4.65% bond - Good buy or Goodbye?la papillionhttp://www.blogger.com/profile/01372278083694506953noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-37872616.post-45383883862918425102023-12-28T02:57:30.767+08:002023-12-28T02:57:30.767+08:00Thanks for great post our company offer bulk smtp ...Thanks for great post our company offer bulk smtp software <a href="https://codermails.in" rel="nofollow">buy bulk SMTP</a><a href="https://codermails.in" rel="nofollow">buy SMTP with Bitcoin</a>vikash kumarhttps://www.blogger.com/profile/02820666137417068573noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-4138057732983753522022-02-18T14:22:44.590+08:002022-02-18T14:22:44.590+08:00Nice Post, Good content
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Nurses Em...<a href="https://www.lakeb2b.com/physician-email-list" rel="nofollow">Physicians Email List</a><br /><a href="https://www.lakeb2b.com/dentist-email-list" rel="nofollow">Dentist Email List</a><br /><a href="https://www.lakeb2b.com/nurses-lists" rel="nofollow">Nurses Email List</a><br /><a href="https://www.lakeb2b.com/pharmacist-email-list" rel="nofollow">Pharmacist Email List</a><br /><a href="https://www.lakeb2b.com/doctors-email-list" rel="nofollow">Doctors Email List</a><br /><a href="https://www.lakeb2b.com/psychologist-email-list" rel="nofollow">Psychologist Email List</a><br /><a href="https://www.lakeb2b.com/neurologist-email-list" rel="nofollow">Neurologist Email List</a><br /><a href="https://www.lakeb2b.com/radiologist-email-list" rel="nofollow">Radiologist Email List</a><br /><a href="https://www.lakeb2b.com/gastroenterologist-email-list" rel="nofollow">Gastroenterologist Email List</a><br /><a href="https://www.lakeb2b.com/cardiologist-email-list" rel="nofollow">Cardiologist Email List</a><br />Lake B2Bhttps://www.blogger.com/profile/12546208255960583303noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-81141437427301456732016-04-21T22:43:54.957+08:002016-04-21T22:43:54.957+08:00Hi LP,
Thanks, Xie xie, Gam siah! very informati...Hi LP,<br /><br />Thanks, Xie xie, Gam siah! very informative! Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-38735864136363064762016-04-21T22:03:31.779+08:002016-04-21T22:03:31.779+08:00Hi Rolf,
No problem!
I think this new bond by p...Hi Rolf,<br /><br />No problem! <br /><br />I think this new bond by perennial will be hot too, haha! Is buying into FCL now still makes sense? I think yes. I bought quite a lot for my parents retirement funds and have full intention to hold till maturity. 3.65% is not a bad deal, I feel. You can take a look at the details here: http://bullythebear.blogspot.sg/2015/05/fraser-centrepoint-limited-365-pa-bond.html#.Vxjbe_l96Ul<br /><br />The last close is 1.006, so it's still very near par. I bought another whole bulk when it's below par at around 0.985. <br /><br />Take note that there is an option for early redemption, with the earliest being 22nd May 2019, and on each interest payment date thereafter. la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-89301600458189286652016-04-21T21:33:41.394+08:002016-04-21T21:33:41.394+08:00Hi LP,
Thanks for the review.
I was reading the ...Hi LP,<br /><br />Thanks for the review. <br />I was reading the papers today and saw this bond issue. <br /><br />I am sure there will be more bond issuances upcoming. <br />Bond for portfolio balancing is impt but I do agree that it can be better to go agst the odds in equity now or later and bond few yrs back. <br /><br />FCL and CPL definitely better bonds. No doubt! <br />But with Kuok and Ron Sim backing, 3 yrs can be a bet that co will not go bust! <br /><br />By the way, I have a question. is buying into FCL bond now still makes sense? <br />Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-21632312448776605372016-01-23T02:41:46.901+08:002016-01-23T02:41:46.901+08:00The Aliens Group is a leading real estate and prop...The Aliens Group is a leading real estate and property development firm that has pioneered the 'Intelligent Living' concept in India and redefined the conventional construction industry through its path-breaking projects. <a href="http://aliensgroup.in/" rel="nofollow">Real Estate in Hyderabad Telangana India</a>Prasadhttps://www.blogger.com/profile/00985008931239641150noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-73349557991296609942015-11-04T12:52:17.410+08:002015-11-04T12:52:17.410+08:00Hi K,
They haven't given out any dividends ye...Hi K,<br /><br />They haven't given out any dividends yet and it's so near to their 'ipo' date, so the returns will be about 4.65% pa every year for 3 yrs, excluding comms. If you include comms, it'll be slightly lower.la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-2304774292211956862015-11-03T15:38:35.322+08:002015-11-03T15:38:35.322+08:00Hi LP,
Given that the price is $1.012 from the ma...Hi LP,<br /><br />Given that the price is $1.012 from the market, what is the returns I will get assuming I buy and hold it for 3 years? Including the buy and sell commissions. <br /><br />I am a newbie and would be grateful if you can assist me. Thanks.Khttps://www.blogger.com/profile/01096331252046081022noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-74026621010533799082015-10-15T21:23:16.901+08:002015-10-15T21:23:16.901+08:00Haha, truth be told, Pua Seck Guan is quite a lege...Haha, truth be told, Pua Seck Guan is quite a legend within the property industry. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37872616.post-31991742583680052942015-10-15T13:58:58.604+08:002015-10-15T13:58:58.604+08:00Personally, just like the past few years is NOT TH...Personally, just like the past few years is NOT THE BEST period to be putting LUMP SUMs in equities, this period of time is not the best period to be putting lump sums in bonds. I suspect yields in the upcoming few years will be higher.SMKhttps://www.blogger.com/profile/10968938425811827200noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-42387926907740890782015-10-14T15:42:45.155+08:002015-10-14T15:42:45.155+08:00Regarding the old perennial, some people hate it s...Regarding the old perennial, some people hate it some people like it. Oh well, that's stock market for you - nobody can come to a consensus, haha! I do agree that 3 yrs is better than 5 years, as the impending hike in interest rate should affect those longer term bonds. I'm also holding bonds till maturity but it's just a small % of my portfolio to stabilise it. If there's a 5% bond with good quality, you can be sure I'll be buying it too. Thanks for weighing on this issue! Your comments are much valued! la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-1218581516111501622015-10-14T15:03:29.093+08:002015-10-14T15:03:29.093+08:00Haha, agree with you that comparing with with capi...Haha, agree with you that comparing with with capital land and FCL, Perennials definitely isn't really up there. Hence Perennials' has to pay 4.65% vs 3-3.65. (friendly exchange). But definitely, to me the CEO has a very good track record from the way he expanded Perennials over the years. He didn't list his SG portfolio until the right time for him to do a RTO with st james. Also, For me, this is more attractive than the aspial one as it is 3 yrs vs 5yrs . However, 4.65% still not attractive enough as I buy bond for income and usu hold till maturity. If they pay closer to 5%, I will be keen due to the huge amt involved as I buy directly from bond market/Fixed income desk or Bond IPO.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37872616.post-25258977677838923222015-10-14T13:32:17.121+08:002015-10-14T13:32:17.121+08:00Agree with you. That's because there isn't...Agree with you. That's because there isn't anything to see for this company. I prefer to see the track record of the company that he is running now than to based it on this past triumphs. It's also not fair to compare aspial to real estate. As a lender, I'm more assured if the underlying asset is property too. If u compare capital land and fcl, which are also doing real estate, their 3 to 3.65% also suggest that perennial isn't that safe too. You can certainly disagree with me :) are u going to get some? la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-17378445100982385932015-10-14T12:38:08.218+08:002015-10-14T12:38:08.218+08:00This is a shadow review. It seems that you didn...This is a shadow review. It seems that you didn't quite follow history of Perrenials (China Reits). You should really go and read up on the history of CEO Mr Pua, where he has been working in years before. The fact that it the bond command 4+% lower than Aspials 5+%, ie the bond market is giving it a better credit rating than Aspials.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37872616.post-39123431248623617052015-10-13T10:30:28.481+08:002015-10-13T10:30:28.481+08:00Hi AK,
Wow, rare guest :) Agree with your comment...Hi AK,<br /><br />Wow, rare guest :) Agree with your comments. If you are to hold ssb for 3 yrs, you'll get on average 1.48% pa per year. SSB is guaranteed by the govt but this perennial bond isn't, so investors (or lenders) will have to decide if the extra yield is worth the risk.la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-41227202290520547202015-10-13T10:28:13.874+08:002015-10-13T10:28:13.874+08:00Hi FD,
It's not really a review. There's ...Hi FD,<br /><br />It's not really a review. There's nothing to review, given the short history of the new company. Even the FY2015 is less than 1 yr. So nothing to see lolla papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-12401344268905537172015-10-13T08:53:36.354+08:002015-10-13T08:53:36.354+08:00Hi mew ge,
For accurate comparison, we might want...Hi mew ge,<br /><br />For accurate comparison, we might want to compare the coupon to what the SSB would yield after a holding period of 3 years and not 10 years. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-83480214252673576212015-10-13T06:22:22.705+08:002015-10-13T06:22:22.705+08:00Hi LP
Thanks for the review. Saved my effort to f...Hi LP<br /><br />Thanks for the review. Saved my effort to find out more. <br /><br />Interest rate may rise and upcoming bonds may be more attractive. Cheers.Anonymousnoreply@blogger.com