SGD Strong, Ringgit Weak

[Runifyouhaveto]

Ok then I put sgd 100k?

SGD100K??? - You gotta take into consideration, how much spread u loss to the moneychanger when u convert to ringgit.
so effectively, you get less

Aiyah, who ask u marry malaysia wife, bo bian, guai guai save in ringgit
your FCL 3.65% doing well what, somemore trading at 1.008
today got new property bond from ascendas, the yield also less than 3.5%.

 

[Runifyouhaveto]

100K SGD can buy a small condo in Malaysia liao

make use of your wife's citizenship to buy those below 300K ringgit condo in industrial estates and then collect rental income from the white-collar managers posted there lor. Freehold somemore
Only malaysian citizens can buy cheap condos.

 

[GG789]

100K SGD can buy a small condo in Malaysia liao

make use of your wife's citizenship to buy those below 300K ringgit condo in industrial estates and then collect rental income from the white-collar managers posted there lor. Freehold somemore
Only malaysian citizens can buy cheap condos.

Malaysia condos all above 500k now. No more freehold.

If want to buy..buy In KL better.

Iskandar condos over supply. Hard to find tenants.

need to spend some time to go KL walk walk then also search for good location condo.

Not easy.

 

[Runifyouhaveto]

too troublesome for me

your wife must be very chio to worth all these troubles.

 

[GG789]

She is not chio. Decent looking.

 

[yinyang]

Run, on Rosnah and money bags :p

 

[GG789]

Ok. Minimum for public bank FD is RM20k
So i just put RM 20K?

 

[GG789]

Why najib loves that fatso?
I don't understand.....

No sweet looking, good figure.
Heart is ugly also.

Really ugly women.

 

[Runifyouhaveto]

She is not chio. Decent looking.

Ya, heart chio more important

Good one brother yin yang!

 

[GG789]

knn my shares all sink today.

i want to put all my cash into malaysia FD better.

 

[Runifyouhaveto]

knn my shares all sink today.

i want to put all my cash into malaysia FD better.

no leh your FCL 1.009 liao. better than public bank

 

[GG789]

no leh your FCL 1.009 liao. better than public bank

that is small money compare to my paper loss.
made many mistake.

 

[Runifyouhaveto]

that is small money compare to my paper loss.
made many mistake.

maybe get out
dun buy = dun lose

 

[lifeafter41]

maybe get out
dun buy = dun lose

don't get out, see se, paper loss, heart pain little.
Get out, loss realized, heart very pain, converted into RM$, can put many FD. Wifey will also kpkb, while so stupid to play share, put all into FD in RM$ bestest......because wifey Malaysian.

 

[Runifyouhaveto]

L41 also got Malaysian wife?
Wah, Malaysian girls so popular wor

 

[lifeafter41]

SGD100K??? - You gotta take into consideration, how much spread u loss to the moneychanger when u convert to ringgit.
so effectively, you get less

Aiyah, who ask u marry malaysia wife, bo bian, guai guai save in ringgit
your FCL 3.65% doing well what, somemore trading at 1.008
today got new property bond from ascendas, the yield also less than 3.5%.

Ah Run, have a feeling FCL going to go below par.
At 3.65%, buy Genfing Perp, at 5.125 or Hyflux at 6%, better deal?. Or no.......

 

[GG789]

L41 also got Malaysian wife?
Wah, Malaysian girls so popular wor

Ya lo. My wife knows how to earn and save.
Hahahaha.

 

[Runifyouhaveto]

Ah Run, have a feeling FCL going to go below par.
At 3.65%, buy Genfing Perp, at 5.125 or Hyflux at 6%, better deal?. Or no.......

For FCL3.65%, they are doing well because the recent new issues from their peers gives lower yields in the secondary market
(usually secondary market bonds give better yields, given the same risk)
Eg. Soilbuild Reits 3.45%, Starhill G Reits 3.4%

For Genting n Hyflux, Both are cash rich but not very profitable, so their wives (shareholders) lose a lot of money in recent years.
By opting for a regular payout via preference shares, it is better to be their mistress without 名份 (voting rights)
Their retail bonds are trading at a high premium (over par), so i quite reluctantly to chase them because i have no way of recovering the premium upon maturity.

I found this giant company hiding quietly in Singapore, their bonds give 6-7%, not bad also but 250K a pop
http://infopub.sgx.com/FileOpen/Git...1 De 2014.ashx?App=Announcement&FileID=350396

 

[Runifyouhaveto]

Ya lo. My wife knows how to earn and save.
Hahahaha.

Najob's wife also very capable

 

[Runifyouhaveto]

BOMBSHELL: Najib's son Nizar a director at Deloitte - is this why 1MDB accounts were cleared without qualification?
http://www.malaysia-chronicle.com/i...b-accounts-were-cleared-without-qualification