The Chinese news headline caught my eyes. WB bought US Bancorp last year, trimmed its position at around $35 on this Monday and Tuesday. US Bancorp has a market cap of $45.8b. It is large cap bank similar to DBS. Why am I under the impression that WB is in the mood to sell? […]
Most of office warriors are working from home. It seems the office sharing hype is no longer seemed to be social acceptable; especially in the eyes of government policy. The struggling WeWork will continue suffer, at least for the rest of the year. News source on WeWork can be found here.
Until a vaccine is found, I do not foresee how we can get back to pre-covid life. Even if the vaccine is available 18 months later, social distancing is the new normal. Perhaps Airbnb has a new business model. News Source – Airbnb
The most discussed topic in various social media over the last 3 days is, Warren Buffett sold all his airline shares. For local investors, the focus is on SIA and SATS. SATS revenue is largely based on aviation revenue; that is number of passenger travel and the cargo volume. The non-aviation revenue is about 14 […]