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The rest of the information on the rights issue can be found here >>

Its so hot that its been a long time since I am immerse in an IPO craze.

Many dividend investors would be interested in this IPO so what is my assessment of it?

Not a REIT

Firstly, it sounds like a REIT, the news is structured like a REIT but in fact, technically it is not a REIT. The company is not oblige to pay out 90% of its income as dividends.

Gearing

The level of gearing is on the high side as well. Many street commentators say this would not be an issue since it is linked to GLC and in bad times the Garment would support this.

Well, it remains to be seen whether this company is sustainable in the long run, the business structure is such that it is very counter cyclical.

However, the caveat from the 2007 crisis is that companies that have huge refinancing risks during credit crisis is a big risk.

Past Performance of Government link issues

Divestments from government issues do not have a very good track record. If you look pass all the circus, know that any sensible manager will not release an IPO when their assets are undervalue. They want the maximum dollar and would always release when times are good.

Large IPO

That said, we haven’t have such a large IPO for some time but I think the results should be good if you want to earn some kopi money and throw the stock after the first few days.

Disclosure: I should be subscribing to this issue

I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. It  contains Singapore’s top dividend stocks both blue chip and high yield stock that are great for high yield investing. Do follow my Dividend Stock Tracker which is updated nightly  here.

The question is why does the developer include advertisements in the first place? I have written here that not all international developers are able to list their apps as paid version and thus go the ad support route.

This is so that they can monetize the application.

Incentive to innovate and maintain the application

Why is this important? The developers are spending their time to support, maintain and improve the application.

And while we shouldn’t be jealous that they are earning from it, we should be enabling them to have this incentive to continue to innovate and improve.

So what do you guys think? This is probably a good application but this places the developer at a very big disadvantage.

2.8 million seems to be peanuts in Hollywood. Sounds to me that this couple don’t seem to be the sort that would want to flaunt their wealth.

Note: I am a current user of this application and while it is abit buggy initially I think I quite enjoy it.

The prices update are similar to that of the web portal one but being on a smartphone your screen will be switched off.

One thing that will make you feel bothered is that every time you launch the application, you have to enter your login credentials again.

Imagine I Just want to check the stock price of Yangzijiang I have to key in my userid and password.

The App is FREE. Download it from here

2010 Jun 09 – DBS Vickers – Cache Logistics Trust

Disclaimer: Vested as of the time of this article

I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. It  contains Singapore’s top dividend stocks both blue chip and high yield stock that are great for high yield investing. Do follow my Dividend Stock Tracker which is updated nightly  here.

http://www.youtube.com/watch?v=R1wbQdVezio&feature=player_embedded

Its a feature that is just announced for the iPhone 4.0 OS and it enables you the user to use the sharp high definition camera for the iPhone 4.0  to do video conferencing ONLY on WIFI.

Now why is this interesting? Its not a new concept. Its rather old and Nokia have it for some time.

But the key thing is: People doesn’t care!

What they would like to see is how Dad can see how Mom and baby is doing.

How grandpa and grandma can see their grandchild’s graduation photo.

How dad in Iraq or Afgan can see his wifey and first shots of his son in US

And how 2 deaf person can converse with each other.

Thats all that matters really.

• 0:30 The problem of a the eurozone crisis has been contained by the bailout, but they must make cuts or it could expand; markets will remain volatile in the interim
• 1:25 Markets are asking whether Greece can politically follow through on austerity
• 2:30 UK, UK, and Japan all have similar sovereign debt crises, and the result could be inflation in the long run