Added: Lendlease REIT (Jan 2023)

  Added 45,000 shares of Lendlease REIT at $0.68 on 5 Jan 2023. Reason for buying: 1) Dividend yield 7.1% Semi annual payout. Next XD will be in Feb 2023 2) PB 0.87 3) Positive Rental Reversion in both Retail & Office 4) Lower than the PO price o...

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Jan 05, 2023
The Sequence of Staff Layoffs and Right-Sizing

I heard one rumour that when Elon Musk did what he did to Twitter, it looked horrendous to many. But there may be enough bosses out there that wonder seriously whether that is the fastest way to solving their problem. Tom Lee mention on The Compound...

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Jan 05, 2023
Kimly Ltd – Divestment of confectionery business

Excerpts from CGSCIMB report Kimly Ltd (SGX: 1D0) Kimly Ltd is divesting its confectionery business (Rive Gauche) to Muginoho Global for S$2.8m to streamline operations. The purchase consideration indicates an implied FY22F P/E multiple of c.12x, whi...

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Jan 04, 2023