Wednesday, October 14, 2015

Thoughts on Perennial Real Estate 4.65% Bond

Final Thoughts


  1. Hi B,

    I went to hwz out of curiosity to have a feel of the crowd's reaction to the bond. I read, and left with the feeling that pple thought that bonds in sg can never go into default. It's a little scary that everyone just looks at the yield without looking much at the safety of the bond.

    1. Hi LP

      That is the same feelings I got as well!!!

      I think we as public has not been taught to read more into risk management as opposed to focusing on yields which has been the highlight over the past couple of years.

  2. Corporate bond seems risky to me. I learnt about it in high school, college, and recent years, and it's still not sitting well with me. I'm still a T note, or i-bond kind of girl. :P This one blogger might lose his entire bond

    1. Hi Vivianne

      Thanks for sharing.

      Corporate bonds is definitely riskier than treasury bonds and the issuer will still need to have some credibility (e.g credit terms, etc) before they can attract the public investors.

      I think in the Sherritt case, it is an obvious choice of no credit ratings and a higly cyclical component of the business which makes it very dangerous for any investors to go in and park their money there.


  4. I am a bit concern that whatever bonds being issued, the mass media always reports oversubscription except SSB. Have we reached a stage that all the bonds out in the market are safe and therefore grab as much as we can?

    1. Hi Starlight

      Exactly why we are living in an environment where yield is everything now. People don't consider the risk sufficiently.

  5. This comment has been removed by the author.

  6. Hi B,

    1. Hi Stock Hunter

      It appears that we share the same sentiments ;)

  7. "FCL bonds have not even paid out their first coupon yet and the bond investors are already thinking of liquidating them. That to me, is simply ignorance." - can elaborate on this point?

    1. Hi FS

      Sorry for the late reply.

      What I am saying there is basically for bond investors to invest in bonds but without the right mindframe of what the assets are supposed to be doing. They think that by divesting the lower yield in favour of the higher premium, it will entails them to higher returns, without considering the risk the premium entails.

  8. "FCL....That to me, is simply ignorance." Only interested in this last sentence.


    Real estate in Puyallup Washington

  11. 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. Real Estate in Hyderabad Telangana India

  12. They have been amazingly simple to work with and extremely receptive to the greater part of our sends and telephone analyses. We had a couple of worries about the state of the Dove mountain flat we were moving into and they have done everything they can to deal with all concerns for us before we moved in.

  13. This comment has been removed by the author.

  14. Taking a decision may not be that tough. But taking a right decision is definitely a tough job. When we have to take a decision on buying some Bellingham such as a house which is a big investment, taking the right decision is crucial in this regard. There are a lot websites available these days where various ads on selling house are placed.

  15. Hi,





    Follow this link:

    ==> Scientifically Proven Secret to Millionaire Results

    Think I’m crazy?

    Guess again...



    So it works FAST. No need for discipline or willpower.

    Just imagine...



    You wave goodbye to the horrible fluorescent lights...

    The boring commute...

    The lack of CONTROL over your own life...


    Make sure you check out this INCREDIBLE video right now:



    Kind regards,

    [Dr. Steve G. Jones]



    ==> Scientifically Proven Secret to Millionaire Results