Bonds are generally considered a safer and less risky type of investment instrument. They are also a great way for stock investors to diversify their portfolios. Here in Singapore, bonds have gradually become more popular over recent years. Besides the Singapore Savings Bonds (SSBs), which issues new tranches of bonds every month, other bonds that have recently been central to the discussion include Singapore Airlines (SIA) Retail Bond 2019, Temasek’s T2023-S$ Bonds and of course, the Astrea IV Bonds issued last year. Here are 10 things you should know about the Astrea V Bonds before investing in it. Read Also: 5 Terms You Need To Understand Before Investing In Bonds #1 What Are Astrea V PE Bonds? Astrea V Private Equity (PE) Bonds are backed by cash flows from a diversified portfol

Singapore Airlines Ltd (SGX: C6L) has been a beacon of strength in the airline industry even as many other players have floundered. But investors should take heed of two major risks for the airline.

Singapore Airlines Ltd (SGX: C6L), Singapore Press Holdings Limited (SGX: T39), and Sembcorp Industries Limited (SGX: U96) are trading near their respective 52-week lows.

It seems like SIA share price is destined for an apocalyptic correction. On 16 May 2019, Singapore Airlines reported a record annual revenue of $16.3 billion for FY2018/19. However, net profit collapsed 47.5% to $683 million. Since the announcement of the results, SIA share price went into an epic free-fall to reach the current low of $9.25. On the basis of the current bearish run, it appears to me that SIA share price is likely to be bearish in the coming weeks. In my opinion, the correction of SIA share price could be an opportunity for long-term investors to accumulate this counter. The 5-year beta for SIA share price is only 0.43. This means that while in the short-term, SIA share price can be pretty volatile, in the long run, this counter is actually quite stable. The average 3-month

Singapore Airlines Ltd (SGX: C6L) reported a drop in profits for its latest set of earnings.

So, now we know. US importers that bring Chinese-made goods into America must pay a tariff of 25% on some US$200 billion worth of items,  rather than just 10%. China is unlikely to take this lying down. It has threatened to retaliate. We wait with bated breath. Staying in America, retail sales for April could provide […]

The Straits Times Index is made up of the 30 strongest and most liquid stocks listed on the Singapore Exchange (SGX). For many of us, they represent the companies most of us would be very familiar with or have businesses that we would be familiar with. Some of these companies include DBS, UOB, OCBC, SingTel, CapitaLand, Keppel Corp, Singapore Airlines, Genting Singapore, City Developments, SGX, Venture Corp, Sembcorp Industries, SPH and, of course, 17 other companies. How The Straits Times Index (STI) Performed So Far In 2019 We are well into the second quarter of 2019, which means many of these companies will be releasing their operating performance for the first quarter of 2019 very soon. Look out for these announcements in the coming weeks. Read Also: Complete Guide To Investing In The

Is Singapore Airlines Ltd (SGX: C6L) cheap now? Let's compare its current valuation to that of the market.

There has been a lot in the news recently surrounding the aviation industry. #1 Changi Airport was recently crowned the best airport in the world for the 7th year running. Plans to upgrade Terminal 2 have also been announced. #2 Singapore Airlines released their own 3.03% 5-year SIA Bonds 2019 that was oversubscribed. SIA has since upsized the bond from $500 million to $750 million. #3 Unfortunate events surrounding Boeing’s 787 Max have resulted in the aircraft being grounded till further notice. #4 Jewel Changi Airport will be opened on 17 April. Jewel is Changi Airport’s retail and lifestyle development with more than 280 shops and food and beverage outlets. Here are 4 stocks on SGX that play a role in the aviation industry in Singapore and around the region. Read Also: Non-Stop

Here is my verdict on the latest 3.03% retail bond from Singapore Airlines Ltd (SGX:C6L).

Singapore Airlines Ltd (SGX:C6L) is issuing S$500 million worth of 5-year bonds with a 3.03% annual coupon.

Singapore Airlines ("SIA" or the "Company") is offering new 5 year notes (bond) at a coupon of 3.03%, where $200m is offered wholesale (i.e. $250,000 board lot to accredited investors) and $300m to retail investors (minimum subscription of $1,000). SIA may upsize the tranche to $750m if there are overwhelming response.   The interest on the bonds are payable semi-annually on 28

The bond market is warming up in Singapore. Over the past few months, we have seen bonds like the Temasek 2.70% T2023-S$ Bond as well as the 4.35% Astrea IV Bond by Azalea Asset Management. Bonds are generally considered to be less volatile compared to stocks, but this does not mean that they necessarily come with low or no risk. With the issue of the Singapore Airlines Retail Bond 2019 (SIA Bond 2019), here’s what Singapore investors need to know before deciding if they should invest. Read Also: 5 Terms You Need To Understand Before Investing In Bonds #1 What Exactly Is The SIA Bond 2019? Singapore Airlines is, as its name suggests, Singapore’s national airline. It has gotten numerous international accolades over the years, being named the World’s Best Airline at the 2018 W

Singapore Airlines is proposing to offer S$500 million of five-year fixed-rate bonds to both institutional and retail investors with a chance of it being upsized to $750 million if the response is overwhelming. SIA’s S$500m 5-year bonds will pay 3.03% interest and mature in 2024. Below are my own personal opinions on the issue but the short summary is that I am not enthusiastic about the offering. There are several main points that underpin it:   Airline industry is fiercely competitive, and it is not going to get any easier anytime soon The airline industry is notoriously competitive. It is notoriously capital intensive and low margin. As Richard Branson put it best – “If you want to be a millionaire, start with a billion dollars and launch a new airline.”. Just several

Seems the prediction is shaping up really well.  After Astrea IV 10 year 4.35% and Temasek 5 year 2.70% bonds, SIA followed their cue to release a retail tranche for their just announced bond issue.  SIA will be releasing $500 mil worth of bonds, with the public being allocated $300 mil out of this and the rest going to institutional investors. Should the bond be oversubscribed, they will expand it up to $750 mil. The minimum denomination is $1,000 which makes it affordable for most people. And you can apply it at your ATM or through internet banking like an initial public offering (IPO) A low denomination will also allow you the retail investor to diversify their bond allocation.  The bond pays a coupon of 3.03% semi annually.  At the end of 5 years, you get back your

Despite persistent unfavorable news from around the world, major equities benchmarks ended their downward slides and moved slightly higher. Nonfarm payrolls report from the US revealed that only 20,000 jobs were added in February 2019, signaling the slowest pace for job growth in the last 18 months. Dow Jones Industrial Average slipped 0.8 percent ending at 25,709.94 over the last two weeks. In China, the nation concluded its annual “Two Sessions” last week with the Chinese government setting its economic growth target this year lower to between 6 percent and 6.5 percent. Nevertheless, the government planned to launch new tax cuts and spending totaling 2 trillion yuan to support businesses and stimulate the economy. Last fortnight, Shanghai Composite Index inched up 0.9 percent to 3,02

Many people distinguish their spending power and savings ability and treat them as two totally different functions. This is especially evident for the middle income group who thinks they must be separated because they serve for different purpose. However, the key to a rich mentality is always about having the two important equation balanced out well. While it is important that that we strive to improve our savings rate, there are also ways that we can be smart about our day to day spending as well. Gone are the days where you scroll newspapers to look for coupon clips in order to get item rebates.  These days, there are many merchants coming up with new ideas and better offers to entice shoppers to sign up with them to get rebates. One of them is Shopback, a mer