Wednesday, April 19, 2017

Fast & Furious 8

Synopsis: Now that Dom and Letty are on their honeymoon and Brian and Mia have retired from the game- and the rest of the crew has been exonerated- the globetrotting team has found a semblance of a normal life. But when a mysterious woman (Charlize Theron) seduces Dom into the world of crime he cant seem to escape and a betrayal of those closest to him, they will face trials that will test them as never before. [Source: Golden Village]

I was wondering how the franchise will move on after the death of Paul Walker in 2013. Apparently, the directors decided to kill off Brian's character altogether. Nonetheless, the movie still provides lots of race cars, high speed chases and adrenaline rushes with those out of the world moves. Old team assembles, new enemy, cross continent chases, what more can I ask? Relax and enjoy this installment. Do not worry as it does not have any link with F&F 7.

Rate: 6.5/10

Sunday, April 02, 2017

1Q 2017 Investment Strategy Update

This quarter (1Q 2017) has been a pretty quiet quarter, as I weigh the effect of Trump election and the trade strategy he is going to implement. By and large, I feel the plan Trump Office has for USA will be good to USA companies in the short term, but bad for the country as a whole in the long term. 

To implement his election campaign promise "To Make America Great Again", he has vowed to force companies who have outsourced jobs overseas to bring these jobs back to USA. Should companies refuse to comply to his will, he threatened them with additional taxes should they intend to import the products back to USA domestic market to sell. To entice the USA companies further, he plans to cut corporate taxes (Good to companies in the short term as it boost their immediate profits), but the high cost of setting up shop in USA, and the high wages of USA workers, I feel these cost will ultimately be pass on to the consumers a few year down the road once the companies outstanding profits are starting to be compromised. For the gap in income left behind by the tax cut, Trump office intend to cover up by cutting the foreign aid budget and the environmental agency budget (sic). By blasting trade pact as unfair to USA, he promised to review these trade pacts again and famously pull out of TPP which Obama Office has taken years to build up. In my opinion, these acts are a form of USA industry protectionism and just make USA companies anti-competitive. I seriously wonder, how can they survive long in this Global Market where cost usually dictates the consumer demands. I personally feel 2017 might be the peak we see of the USA market, before a major correction in 2018 or 2019 as people start seeing the weakness and flaws in Trump's Office policy.

For Singapore Market, it seems to finally wake up from its long slumber in Q1 as most stocks started to track USA market in going northward. For me, I have already positioned myself long ago, hence, I only managed to do 2 transactions in the whole of Q1. 

Transaction 1: Bought in a final batch of GLP stocks to prepare for its privatization offers.

As of GLP latest update on 30-Mar-17, shortlisted parties have commenced due diligence on the Company, which I believe they should put in a formal proposal at the end of April, with a final bid price in May. According to articles, there are 3 shortlisted parties, which are a management-backed consortium that includes Chinese investment firms Hillhouse Capital Management and Hopu Investment Management, a Warburg Pincus-led investor group, and the Blackstone Group.

Personally, I feel the Hopu Investment Group and the Warburg Pincus Group are the more serious bidders, and the final bid price should come between 25% - 40% premium to the current GLP NAV, which translates to $3.37 - $3.80. Lets see if I am right.

Transaction 2: Short Term: Bought in a batch of Noble Group stocks on possible SinoChem taking a stake in the company.

Should this happen, it will be a jolt of confidence to the Noble Group and good recurring profits in the future as Noble help SinoChem manage their supply chain. This is meant to be a short term play. Should the news becomes a reality, Noble Group price will rise (Depends on the final price SinoChem is buying in the stake). Taking reference to a similar case in 2009 where CIC also bought in a stake, Noble Group price rises about 30% compared to 1 month before the news was released. I meant to sell off immediately once the news is confirmed.

That is all I have for Q1 update. See ya all in Q2. Chaos

Wednesday, March 22, 2017

Beauty And The Beast

Synopsis: Disney’s “Beauty and the Beast” is a live-action re-telling of the studio’s animated classic which refashions the classic characters from the tale as old as time for a contemporary audience, staying true to the original music while updating the score with several new songs. [Source: Golden Village]

A classic remake of Disney's story. What can I say? The acting are good, the songs are good, the plot stays classic with a little of CGI, what are you waiting for? Catch it now!

Rating: 8.5/10

Thursday, March 16, 2017

A Silent Voice

Synopsis: A deaf elementary school girl, Shoko Nishimiya, upon transferring, meets a boy named Shoya Ishida in her new class. Shoya, who is not deaf, leads the class in bullying Shoko, because she is deaf. As the bullying continues, the class starts to bully Shoya for bullying Shoko. After graduating from elementary school, Shoko and Shoya do not speak to each other… until later, when Shoya, tormented over his past, decides he must see Shoko once more. Shoya wants to make amends for what he did in elementary school and be Shoko's friend. [Source: Golden Village]

A heartwarming anime of friendship between a deaf and a normal guy who turned from a bully in the past, to being her protector after feeling guilty of what he has done in the past. The pace of the show is just right, though the ending did differ a little from the original manga. Overall, a nice show to catch for the week.

Rate: 6.5/10

Tuesday, March 14, 2017

Fall of ANZ Travel Card

Since the announcement of DBS acquiring ANZ retail business in Singapore, ANZ has been reducing the benefits of their signature ANZ Travel Card. From free complementary unlimited access to Veloce lounges, it reduces to two complimentary access to DragonPass lounges around the world when you charge a minimum of $10,000 to your ANZ Travel Card in each calendar quarter from 01 Sep 2016. It looks to finally hit the coffin with the latest T&C revision again.

With effect from 1 April 2017, complimentary airport limousine and lounge access for ANZ Travel Visa Signature Card will cease. Additional bonus 10,000 Travel$ will no longer be awarded to ANZ Travel Cardmembers who pay Annual Fee from the 2nd year of membership.

It looks like DBS is going to kill off ANZ credit cards and migrate the customers over to DBS. Time to redeem the Travel$ to Krisflyer miles and cancel the card.

Monday, February 27, 2017

Sword Art Online The Movie: Ordinal Scale

Synopsis: In 2026, two years since the SAO incident, a new game called "Ordinal Scale," an Augmented-Reality MMO, is becoming popular among the players. But strange things are happening in the game and Kirito and the gang are facing a new danger. [Source: Golden Village]

Just when I thought the SAO series had ended well, from SAO to ALO to GGO, the producers has outdone themselves again with this one-shot movie Ordinal Scale, linking the events after the GGO. With fresh ideas, characters and plot, past history of the SAO came back to haunt the group again, this time, in an AR environment. A movie not to be miss for fans of SAO.

Rate: 9/10

Monday, February 13, 2017

Thailand Day 5 - Artbox Bangkok

03 Feb - With no plans for the day, we went back to Platinum Mall to have our breakfast and continued shopping for clothes. When we are done, we visited Artbox Bangkok, which will be coming to Singapore in April 2017 @ Marina Bay. Link below for more details:

Artbox is a pop-up flea market where most of the stalls are housed in giant metal shipping containers selling signature Thai food and small items ranging from clothing to earrings to artwork. They are similar to Chatuchak, except that there is a live stage where artists performs while audiences sat on hay stacks or cushions chilling out the night over some food and drinks. Pretty interesting concept.