tag:blogger.com,1999:blog-51375633040584783592024-10-09T09:38:33.488+08:00MaoStoneMao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.comBlogger23125tag:blogger.com,1999:blog-5137563304058478359.post-6571660367332225122016-10-27T21:58:00.000+08:002016-10-27T21:58:01.010+08:00800 Super - Number of issued shares
2016 - 178,800,000 (YONG SEONG INVESTMENT PTE. LTD 66.82%)
2015 - 178,800,000 (YONG SEONG INVESTMENT PTE. LTD. 66.00%)
2014 - 178,800,000 (YONG SEONG INVESTMENT PTE. LTD. 66.00%)
2013 - 178,800,000 (YONG SEONG INVESTMENT PTE. LTD. 64.88%)
2012 - 178,800,000 (YONG SEONG INVESTMENT PTE. LTD. 64.88%)
2011 - 178,800,000 (YONG SEONG INVESTMENT PTE. LTD. 64.88%)
Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-17016389647047444402016-02-28T01:31:00.000+08:002016-02-28T01:31:25.665+08:00Extrapolation of CPF Full Retirement Sum (FRS)The Government had announced the Basic Retirement Sum (BRS) amount that each cohort (turning 55 years old between Year 2016 and Year 2020) needs to set aside. Looking at these numbers, I realised that the dollars were increasing at a fixed rate of $5,000 but the percentage point was decreasing from Year 2016 to Year 2020. With this information, I went ahead to extrapolate an unofficial estimationMao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-51961187884690259582015-12-29T23:19:00.001+08:002015-12-29T23:20:29.626+08:00The advantage of CPF monies NOT covered by a WillUnder the Central Provident Fund (CPF) Act, CPF monies do not form part of a deceased member's estate and are not covered by a will. This is actually a wonderful feature. Please think deeper about it.
Extracted text:
This has the advantage of not subjecting the member's CPF savings to his debts upon his death.
This is to protect the member's CPF monies and ensure that the member's Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-74762796052959948582015-09-08T22:46:00.004+08:002015-09-08T22:47:30.970+08:00CPF is a sustainable safety net system
The Straits Times, 8 Sept 2015, p. A4
Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-14850566370957484172015-02-24T23:10:00.004+08:002015-02-28T12:19:52.459+08:00Do you know? CPF Medisave Account has a contribution ceilingSince Jul 2014, our CPF Medisave Account (MA)'s Maximum Sum* has been increased to $48,500.
After fulfilling the MA's Maximum Sum, excess Medisave contributions will flow to the Special Account (if below 55 years old) or Retirement Account (if above 55 years old).
In other words, the earlier you hit your MA's Maximum Sum, the faster you can grow your Special Account (Hint: See how I did not Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0Singapore1.352083 103.819836000000010.8441055 103.174389 1.8600605 104.46528300000001tag:blogger.com,1999:blog-5137563304058478359.post-65703474729228116412015-02-22T21:05:00.000+08:002015-02-22T21:08:35.996+08:00Why it's wise to keep money in CPF
The Sunday Times published an informative article about CPF LIFE on 15 Feb 2015. What intrigued me are the following views shared by Mr Colin Pakshong, an independent actuarial consultant.
Question: How does CPF Life compare with private annuity plans?
CPF Life is very competitive. It is supported by special government bonds; so, for the same premium, it would be difficult for a Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0Singapore1.352083 103.819836000000010.8441055 103.174389 1.8600605 104.46528300000001tag:blogger.com,1999:blog-5137563304058478359.post-87859461543749871072014-12-26T22:07:00.000+08:002014-12-27T11:10:14.868+08:00New-found Faith in the Central Provident Fund (CPF)Everyone, please take a deep breath.
During this year, I have made an irreversible and permanent transfer of $25,000 from my Ordinary Account (OA) to my Special Account (SA).
By transferring $25,000 from the OA to the SA, I am projected to earn $17,000 more interest after 20 years, as compared to leaving the amount in the OA. $17,000 is 68% of the original sum!Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0Singapore1.352083 103.819836000000010.8441055 103.174389 1.8600605 104.46528300000001tag:blogger.com,1999:blog-5137563304058478359.post-60086104863952593802010-06-07T22:44:00.002+08:002010-06-08T22:50:20.099+08:00A Nightmare on Elm Street3.5/5A Nightmare on Elm Street (2010) is a welcomed reboot for movie-goers like me, who have never watched the original franchise series. The scream meter is poor because most of the scary scenes were already shown in the trailer.Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-40818246804727782702010-06-06T23:35:00.004+08:002010-06-06T23:57:13.706+08:00Nanny McPhee and the Big Bang3.5/5I had doubts buying a ticket after seeing the lame trailer of the black crow burping. Surprisingly, the movie is entertaining - a family story that teaches good values to the kids.Didn't know Ewan McGregor has a cameo until I checked the credits!Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-49317636215758624562010-05-30T22:33:00.004+08:002010-05-31T00:03:47.392+08:00The Ghost Writer4.5/5A smart and dark political commentary about government conspiracies. It's a pity that Golden Village didn't carry this title. Shaw and Cathay are presently screening at limited small cinema halls - I watched the movie at Shaw.Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-37170052187815370532010-05-30T22:06:00.004+08:002010-05-30T22:11:47.204+08:00Prince of Persia: The Sands of Time2.5/5Too few turning-back-time scenes. Prince of Persia has failed to manage gamers' expectations.Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-67706001021659958772010-05-29T00:27:00.004+08:002010-05-29T00:41:51.031+08:00Criticism on Technology Stocks"I'm thoroughly convinced there's no franchise to these businesses. Product cycles are so fast that it's difficult for them to make money. There's no barrier to new competitors." -- Jim CraigMao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-67703771719273033812010-05-28T00:09:00.000+08:002014-12-26T21:40:47.205+08:00PracticalityIn the 1970s, Tom Bailey said: "If you can't wear it and you can't eat it, don't buy it (the stock)".
I find wisdom in his sentence. There are too many dubious stocks that are not worth our investment. For Bailey's statement to stay relevant in 2010, I'm revising it to: "If you can't wear it, eat it or use it... don't buy its stock."Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-68231563140215946682010-05-24T19:12:00.001+08:002010-05-29T00:22:41.454+08:00Value Investing"When you buy a stock, you're not buying a piece of paper; you're buying part of a business. There's often a huge spread between the intrinsic value of the business and the price that a frequently manic stock market is putting on the paper. Buy a stock significantly above intrinsic value and you court a loss. Buy below intrinsic value and you have a good chance of making money over the long Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-28239496419061757722010-05-23T23:58:00.004+08:002010-05-24T00:02:25.213+08:00Once A Gangster2/5A parody of Young and Dangerous and Infernal Affairs films. Got some funny scenes but the whole movie suffers from poor story development.Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-8462633399449820802010-05-23T23:26:00.003+08:002010-05-23T23:32:26.893+08:00Ip Man 24.5/5Some scenes really jot the emotions of nationalism. The movie ends with a pleasant surprise but will Ip Man 3 materialize?Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-77311390855109331682010-05-22T23:32:00.007+08:002014-12-26T21:45:25.279+08:00Starhill Global has Annualized Dividend Yield of 11.9%
Last done at SG$0.535, Starhill Global REIT has an annualized (2006-2009) dividend yield of 11.9% (Rights in July '09 not factored). To put it in perspective, our local banks' annual interest rate can be as low as 0.125%.
Last week, YTL Pacific Star's REIT Management; Property Management; and REIT Management Holdings have been renamed to contain the phrase Starhill Global. This demonstrates theMao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-56321856010430238482010-05-21T23:15:00.001+08:002010-05-23T23:22:28.458+08:00The Losers4/5Jensen (Chris Evans) is also going to be Captain America next year!Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-61238542555726841862010-05-20T23:28:00.004+08:002010-05-30T22:13:09.131+08:00Shrek: The Final Chapter4/5Entertaining - an amazing feat for being Shrek's third sequel.Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-82532604564628116802010-05-19T22:17:00.000+08:002010-05-23T22:08:08.692+08:00Iron Man 24.5/5Robert Downey Jr. continues to ooze with charisma in this Iron Man sequel.Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-66833027259041005782010-05-17T23:54:00.001+08:002010-05-23T21:59:01.904+08:00District 13: Ultimatum4/5Even though District 13: Ultimatum has poorly dubbed English language, it is still entertaining with a layer of social commentary on racism.Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-17575191009127446452010-05-16T23:51:00.003+08:002010-05-23T22:01:57.369+08:00Robin Hood2/5Robin Hood is a boring action mess that spans over a duration of 2 hours 20 minutes.Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0tag:blogger.com,1999:blog-5137563304058478359.post-12941968108796518562010-05-15T23:34:00.018+08:002014-12-26T21:45:39.175+08:00Dividend-Paying Stocks are Back in FashionA long history of consistent dividends to shareholders is tangible proof that the company has more good years ahead.
Paying consistent dividends to shareholders demonstrates a high degree of assurance and company stability because cash is real. Dividends derived from company's earnings are recorded as paid. Annual reports and company's financial health can be manipulated but not dividend Mao Maohttp://www.blogger.com/profile/10325600231229140321noreply@blogger.com0