Furore
Furore
Heavy REIT and Blue Chip investor with around 95% of the portfolio in Singapore and around 5% in US.
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avatarFurore
2022-03-06

What really happened in Ukraine?

Before I begin, I would like to say that I am not pro-Russian and I do not agree with or support Russia's move to invade Ukraine.I believe that a lot of people have the same general view that I have.When many innocent lives are lost, it is very easy to criticise Russia for what happened.But how many people have actually stopped to think, understand the differing point of views, research, read and find out more about the whole series of historical events that led to the war before openly criticising about Russia?If no, is it really fair to openly criticise Russia?For many people, the understanding and sentiments regarding the latest developments came mostly from the news/media. America has been using the media to justify their acts of aggression/invasion in other countries too via medi
What really happened in Ukraine?
avatarFurore
2022-04-16
"What is your story"For me, I had a good paying job back in the 2000s that requires me to be constantly travelling overseas. With almost all expenses paid for by the company, such as flight, accommodation, meals, transport etc. and even with overseas allowances, I had a lot of cash which I initially just dump into fixed deposits. Being single and no time to spend those money, I started looking at the stock market for more opportunities to earn more. At easily 2%-3% at that time, I felt that fixed deposits weren't paying well enough to beat inflation. FDs nowadays are really super pathetic. Those were the teletext days where you need to key in the page number and wait for the tv screen to refresh. With no investing knowledge and experience at all, it was amazing that I was able to make
avatarFurore
2022-09-27
$SINGAPORE TECH ENGINEERING LTD(S63.SI)$For me, I think ST Engineering Limited will be bullish for the longer term outlook. This stock may have been sold down recently on concerns of its high gearing and rising interest rates. However, the stock's fundamentals remain very healthy.ST Engineering continues to maintain investment grade credit ratings. This implies relatively low funding cost, with net interest cover of 7.4x in FY22F. They have a strong order backlog of $22.2B as on June 2022 and they give a stable dividend payout of around 4.97% at current price of $3.60.The latest geopolitical developments (e.g., Russia-Ukraine conflict, China and US tensions) have led to a rise in defense budgets in Asia. ST Engineering's Defense and Public Secur
avatarFurore
2023-01-16
Rising on the recovery in international air traffic SIAE's ($SIA ENGINEERING CO LTD(S59.SI)$  ) share price is down by around 10% from its May 2022 highs, underperforming the broad STI Index by around 10%. Its core profitability is now more imminent, so this should provide a more attractive entry point for investors to play the earnings recovery story for SIAE, on the back of the recovery in international air traffic. As China opens up, the recovery trends could be faster. Despite Singapore reopening fully, flight traffic at Singapore Changi Airport (the main base for SIAE's line maintenance operations), is still at 65% of pre-pandemic levels. As this moves towards the 80% mark in 2HFY23, SIE should achieve a core earnings turnaround. With
avatarFurore
2022-03-16
For $Tesla Motors(TSLA)$vs China tech stocks,  personally I would prefer buying something that I understand. So my preference would be Tesla.China Tech stocks may seem very cheap now after the big drop on price. However, I'll not buy them based on 2 reasons.Firstly, I don't use those services and products and news generally do not seem so much focused on stocks from China. Hence, I don't really have the experience and well understanding of those China tech companies.Secondly, China has not openly announced in not supporting Russia. There is weak confidence in China's stocks due to this uncertainty and hence they may drop further. If China were to announce or to be found supporting Russia, the US listed China ADRs could be entirely banned
avatarFurore
2022-10-07
$SINGAPORE AIRLINES LTD(C6L.SI)$ Re-opening tailwinds continue SIA's strong momentum will be augmented by 3 factors 1) Reopening of most of its key markets, including Japan, Taiwan, and Hong Kong - East Asia (including China) contributed 62% to topline in FY22 (59% in FY19) 2) Available capacity to add flights to meet the latent demand - High passenger load factor (87.4% at SIA's Group level in July; second highest in Group's history) and profitability may be maintained on the pent-up demand for these popular travel destinations 3) Capitalise as a "first-mover" with the eventual reopening of China - E.g., SIA has resumed weekly flights to Beijing, Fuzhou, Hangzhou, and added flights to Shenzhen and Tianjin in October S
avatarFurore
2023-04-06
$Lendlease Global Commercial REIT(JYEU.SI)$ (LREIT)- Emerging dominant retail play LREIT is a hidden gem with the potential to emerge as a strong contender within the retail S-REIT space. With JEM in the bag, the risk-reward profile for LREIT has turned more favourable with higher growth visibility, while it rides on the rebound of its key assets 313@Somerset and JEM. Operating metrices continue to be strong with 313@Somerset's tenant sales hitting past pre-COVID levels. Occupancy cost (c.15%-18%) are at healthy levels, implying upside for rents. It is anticipated (i) Higher GTO rental benching on record high sales, (ii) moderation of passing rents to match FY19 levels, and (iii) Easing cost pressures to drive hig
avatarFurore
2022-10-05
$SINGTEL(Z74.SI)$ Potential impact of data-leak in Australia Optus has confirmed that 2.1m out of its 9.8m customers faced some form of data-leak. Optus has provided updated information about the impact of the cyber attack on its customers. After extensive engagement with the government agencies to meticulously analyse the data for its 9.8m customers, it has been confirmed that the exposed information did not contain valid or current document ID numbers for some 7.7 million customers. In the worst case scenario, it has less than 0.5% adverse impact on Singtel's share price due to potential regulatory fine, if any. The potential regulatory fine will be estimated at almost AUD 105m on Optus, if imposed. Last time, the reg
avatarFurore
2022-10-03
An interesting stock to watch which could be a good buy would be $KEPPEL REIT(K71U.SI)$. The 3Q22 office rents for Singapore is near a 14-year historical highs. CBD Grade A office rents has reached $11.06 psf per month, even surpassing pre-pandemic peak of $10.81 psf per month, according to JLL. $11.06 psf in 3Q22 is the highest since $12.55 in 4Q08 (the housing bubble). Rising yields have hurt REITs a lot in recent weeks, but office REITs should remain resilient going into year 2023 as rental rates remain well-supported. There is ongoing relocation and expansion by global and regional firms (especially in the technology and financial sectors) to Singapore. Singapore's new Overseas Networks and Expertise Pass (effective from 1 Jan 2023) will ac
avatarFurore
2022-03-17

Is Lendlease REIT a good investment?

Personally, I'm more of a long term investor that prefers low risk stocks.Hence, dividend yielding stocks and blue chip stocks are my favourite. So, if you are more of a low risk long term investor, what I'll be sharing next might be of interest to you. $Lendlease Global Commercial REIT(JYEU.SI)$is an office and retail REIT with a total market cap of 941m. It has the following properties in its portfolio:-- 100% ownership in 313@Somerset (Retail) - 100% ownership in Sky Complex, Milan (Office) - 31.8% indirect interest in JEM (Office & Retail) - Awarded tender to redevelop the 48,200 sq ft car park at Grange Road into a multifunctional event spaceReasons for buying Lendlease REIT- REITs usually give stable dividends
Is Lendlease REIT a good investment?

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