I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Monday 13 April 2015

Keppel Infrastructure Trust Unaudited Results for the First Quarter Ended 31 March 2015


1. Cash generated from operations was $13.5 million for 1Q 2015 compared to $14.4 million for 1Q 2014. The lower cash generated from operations was mainly due to the transaction costs paid in relation to the proposed transaction with CitySpring Infrastructure Trust and the acquisition of a 51% stake in Keppel Merlimau Cogen Pte Ltd.

2. Group revenue for 1Q 2015 was $16.6 million, 1.1% lower than 1Q 2014. Operation and maintenance income was $12.8 million, 0.5% higher compared to 1Q 2014.

3. Profit after tax for 1Q 2015 was $4.3 million, resulting in earnings per unit (EPU) of 0.68 cents for the quarter, which was 21.4% higher compared to 1Q 2014 due to lower electricity costs and lower trust expenses.

4. Net asset value per unit as at 31 March 2015 was $0.90 compared to $0.94 as at 31 December 2014, mainly due to the distribution payment of 4.69 cents per unit on 13 February 2015.

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