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Market News

Buy high sell low?

Posted on May 14, 2020May 24, 2020 by Jimmy Chai

  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? […]

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Posted in Market News
Market News

WeWork skip rent payment

Posted on May 12, 2020May 14, 2020 by Jimmy Chai

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.

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Posted in Market News  |  Tagged #financial, #office, #wework, #workfromhome
Market News

Airbnb to lay off nearly 1,900 people, 25% of company

Posted on May 5, 2020May 5, 2020 by Jimmy Chai

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

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Posted in Market News  |  Tagged #airbnb, #covid, #layoff
Market News

Aviation Related – SATS

Posted on May 5, 2020May 5, 2020 by Jimmy Chai

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 […]

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Posted in Market News  |  Tagged #SATS #aviation
General Announcements

Peter Lynch 1994 Lecture

Posted on April 15, 2020 by TUBInvesting

Original post from T.U.B Investing What can we do during “Work From Home” (WFH) period? As per Simple Investor always tells me – “read, read and read to gain knowledge”. However, I realise my attention span cannot last for many books (1+ books at most). Thus, I turned to YouTube to gain more knowledge or […]

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Posted in General Announcements  |  Tagged Peter Lynch
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