Monday, October 27, 2014

Perennial completes reverse takeover of St James Holdings - Channel NewsAsia

Perennial completes reverse takeover of St James Holdings - Channel NewsAsia: "Mr Pua Seck Guan, chief executive of Perennial, said: "We own the two largest high-speed rail commercial hubs in the whole of China - in Chengdu and Xi'an. In the case of Chengdu, we have a development area more than 12 million square feet. And in Xi'an, we have a development area of more than eight million square feet. These high-speed rail commercial developments also have local MRT and bus interchanges.""



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SV TCL & Associates Probe Company Completes Integration of Tokyo Cathode Laboratory | Virtual-Strategy Magazine

SV TCL & Associates Probe Company Completes Integration of Tokyo Cathode Laboratory | Virtual-Strategy Magazine:

New SV TCL Website went Live on September 16.



Tempe, AZ, October 27, 2014 --(PR.com)-- SV Probe Pte. Ltd. (“SV TCL”), one of the world’s leading suppliers of high-performance probe cards, announced today that it has completed its integration of the probe card business and assets of Tokyo Cathode Laboratory (“TCL”) and launched a redesigned website at www.svprobe.com.



SV TCL KK began official operations in Japan on September 1, 2013 and to better reflect the synergies between the companies and recognize TCL’s reputation for high quality products, SV has rebranded itself SV TCL. Over the past year SV TCL has worked diligently to integrate TCL’s products, manufacturing processes and facilities with little or no disruption to customers. Another crucial element to the integration was the redesign of the SV TCL website which has been upgraded to a more current and functional platform with easier access to product information and optimized to function across all types of devices.



“SV TCL has worked incredibly hard during this time of integration to enhance our global infrastructure, determining the most efficient manufacturing processes and cost-effective locations in which to produce our products,” said Mr. Kevin Kurtz, President & CEO of SV TCL. “The new website is just one of the final integration steps and we look forward to the continuing success of this united business now and into the future.”



Probe cards are essential tools in the electrical testing of semiconductor wafers before they are diced, packaged and assembled in electronic products such as tablets, smart phones, computers and digital media players.



About SV TCL & Associates

Since 1994, SV TCL and Associates has been providing quality semiconductor testing products. Whatever your test application, we can assist in finding the right solution for your company's unique requirements. Our vision has always been to continually advance SV TCL as a premier, quality test solutions provider to the semiconductor industry, striving for excellence in everything we do. Our technologies, blended with the commitment to our customers, make SV TCL an industry leader, positioned and ready to meet the technical and manufacturing challenges of the future. In 2006, SV Probe became a wholly owned subsidiary of Ellipsiz Ltd, a leading service provider serving the semiconductor and electronics industries.



Contact Information:

SV TCL & Associates

Sara Bunker

480.635.4700

Contact via Email

www.svprobe.com/





Read more at http://www.virtual-strategy.com/2014/10/27/sv-tcl-associates-probe-company-completes-integration-tokyo-cathode-laboratory#m4ZF1cwmiLpYAYCu.99

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Thursday, October 23, 2014

Why the Stock Market Rally Is Bad News - Bloomberg

Why the Stock Market Rally Is Bad News - Bloomberg: "But regular investors, especially those saving for retirement, have an advantage over the professionals. It's not rocket science: They can afford to be patient. By buying in good times and bad, they benefit from gradually rising markets. And it’s the bad times that deliver the most oomph to their portfolios. By buying extra when stocks drop – as Werner did in 2008 and 2009 – they’re following the advice of a dozen Warren Buffett quotes, like: “Be fearful when others are greedy, and greedy when others are fearful.""



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Tuesday, October 21, 2014

Icahn: High-yield market in a bubble


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Icahn: High-yield market in a bubble


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Icahn: High-yield market in a bubble


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3 Companies Paying Dividends This Week | The Motley Fool Singapore

3 Companies Paying Dividends This Week | The Motley Fool Singapore:

Ellipsiz Ltd (SGX:E13), which provides probe card and manufacturing solutions to the semiconductor and electronics manufacturing industries, is slated to go ex-dividend on Thursday.



It is dishing out 0.36 Singapore cent per ordinary share for the fourth quarter of 2014. For the full year, turnover was at S$144.5 million, a 16% growth year-on-year while net profit grew manifold to S$13.5 million. The stellar performance in revenue was mainly due to an increase in contributions from its probe card solutions business.



The shares exchanged hands at $0.10 on Friday. The company is trading at 4 times its latest earnings and is sporting a dividend yield of 3.6%.

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Monday, October 20, 2014

Singapore-based Aspial eyes local apartment pipeline | The Australian

Singapore-based Aspial eyes local apartment pipeline | The Australian:

SINGAPORE-based Aspial Corporation, headed by billionaire businessman Koh Wee Seng, has amassed six sites in Australia since January, delivering a development pipeline of 5200 apartments, it has revealed in an investor briefing.



The secretive developer has bought a number of sites along the eastern seaboard, but has made few public comments about its development intentions.



But the presentation to Singaporean investors included details for several projects, including the well-known 99-storey Australia 108 skyscraper in Southbank, Melbourne, that will have a gross floor area of 140,000sq m and more than 1105 apartments.



Other Melbourne projects will include the 750-unit 82-storey apartment building on A’beckett Street, with 55,000sq m of floor space, and a 50,000sq m mixed-use development on King Street, with 634 units.



In Cairns, the Singapore-listed Aspial will build a 1250-apartment mixed-use site with one commercial tower and six residential blocks. The $200 million project, with 120,000sq m of floor space, is scheduled to be launched in early 2015. Aspial bought the site in February for $18.9m.



There are a further two projects in Brisbane, including an 820-apartment mixed-use development on Albert Street and a 700-unit project in nearby Margaret Street. Both Brisbane projects will be delivered next year. Aspial bought the Albert Street site in August, paying Cornerstone Properties about $36m.



Tough regulations and intensifying competition with Chinese players is driving Singaporean developers, long content with building largely within the city-state, to look abroad.



The $S61 billion ($55bn) listed property trust sector is also taking greater interest in Australia, and Britain, says analysts at Kuala Lumpur-based CIMB. With several listings on Singapore’s securities exchange this year, and a possible easing of strict leverage limits, many real estate investment trusts are flush with cash.



Shaw Lay See, director of the property sales group for local developer Far East Organization, said nearly all land sales in Singapore were through government tenders, which had become increasingly competitive, with prices rising higher than expected. “We have to be a lot more focused on the properties we are tendering for than before,” she said.



Earlier this month there were 18 bidders on a single block. This was the highest number she had seen in two years, she noted. The tender was eventually won by a Chinese developer.



The last twelve months has seen a number of Singaporean developers and investment trusts enter the Australian market, including Frasers Commercial, Suntec REIT, Keppel REIT, Starhill Global REIT, CDL Hospitality, Ascott Residence Trust, UOL Group, Hiap Hoe, Aspial, Sim Lian, Fraser Centrepoint, Chip Eng Seng, Ho Bee Land and Far East Organization.



“The key attractions for Singapore developers to venture into Australia have been the twin drivers of being in the right part of the property cycle compared to the local Singapore market as well as the ability to generate better returns from non-Singapore development projects,” the CIMB report said. While developments in Singapore have an average profit margin of 10 per cent, most Singaporean developers in Australia say they can achieve 15 to 20 per cent.



Keppel REIT, a Singaporean investment vehicle, reported yields in Australia of 8.1 per cent on its Australian commercial property holdings, against an average of 4 per cent in Singapore. Australian REITs and diversified property companies have a cost of debt approaching 6 per cent, according to CIMB, while Singaporean REITs can obtain funding at 3 per cent to 4.5 per cent, providing a competitive advantage.



Mark Wizel, director of CBRE’s Melbourne city sales, who brokered a series of high-profile sales to international groups, estimated there was about $3.5bn worth of development projects in the Melbourne CBD being undertaken by Singaporean developers. “Singaporean developers have been quick to see the insatiable appetite from mainland Chinese buyers of off-the-plan apartments and rather than be reactive to the situation like they have in Singapore, they have seen Australia and Melbourne as an opportunity to get on the offensive and benefit early,” he said

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10 top brands Warren Buffett’s Berkshire Hathaway owns

10 top brands Warren Buffett’s Berkshire Hathaway owns:



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Warren Buffett: I bought stocks in Wednesday's big selloff


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Warren Buffett: I bought stocks in Wednesday's big selloff


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Warren Buffett: I bought stocks in Wednesday's big selloff


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Warren Buffett just lost $1B on this


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Thursday, October 16, 2014

Selloff: Are Investors Looking for Any Reason to Sell?: Video - Bloomberg

Energica Electric Motorcycles: Test Driving $34K Bike: Video - Bloomberg

Correction watch: Here are the official levels

Dark Pools Said to Rebuff Orders Amid U.S. Volume Surge - Bloomberg

Dark Pools Said to Rebuff Orders Amid U.S. Volume Surge - Bloomberg: "Three of the largest dark pools told customers to trade elsewhere during at least part of yesterday’s session as concern about Ebola and global economic growth spurred the busiest day for U.S. stocks in three years.

Goldman Sachs Group Inc. (GS), Credit Suisse Group AG (CSGN) and UBS AG (UBSN) told some clients to temporarily stop sending orders as volume surged, according to five people with knowledge of the matter who spoke on condition of anonymity. The instructions came as the broader market processed 11.9 billion shares, the most since Oct. 27, 2011, according to data compiled by Bloomberg."



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Buffett sells off ‘huge mistake’ Tesco

Buyers beware, the bear market has begun: Gartman

Why this market is escaping the global sell-off

Why this market is escaping the global sell-off

Why this market is escaping the global sell-off

Why this market is escaping the global sell-off: "Mounting concerns over global growth led to heavy declines in stock indices around the world over the past month, but the Shanghai Composite bucked the trend."



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Wednesday, October 15, 2014