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!

Click to email CW8888 or Email ID : jacobng1@gmail.com



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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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Saturday, 1 August 2020

50-50 Bet On Temasek Not Walking Away


Read? Kep Corp : Bought @ $5.36 for Round 97

 Read? Temasek on Keppel MAC Pre condition


 It is clear-cut  that MAC Pre condition is NOT met and Temasek should have walked away on Monday.

 Why wait up to 31 Aug to decide?

 Likely $7.35 will NOT hold and Temasek needs time to revise $7.35 downward. That new number has to be juicy enough for minority shareholders to sell to reach 51% under current depressed stock price.







Posted by Createwealth8888 at 21:49
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1 comment:

  1. Spur1 August 2020 at 22:31:00 GMT+8

    They wanna see if SembMarine shareholders will sabo the EGM on 11 Aug first, LOL.

    Temasek may still be willing to do NS (using our reserves LOL) to merge SembMarine & Kep O&M.

    ReplyDelete

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