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  1. R

    Chitchat Bond investors in Spore be careful

    Noble Group Did a massive rights issue to shore up their balance sheet but stills struggling. IE Singapore is very reluctant to see them collapse but I think only COFCO can save them NOBLSP 3.625% 20Mar2018 USD Bonds Last Check: 14% discount to par...
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    Chitchat Bond investors in Spore be careful

    So far, i listed 12 companies with bonds in distressed. NOL IHC Rickmer Marco POlo Pacific Radiance Ezion Nam Cheong Ezra Deutsche Bank Trikomsel Pacific Andes ASL Marine We have unhealthy Oil Services and shipping companies in distress. Even our top shipyards are still on...
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    Chitchat P...PAP Song

    https://www.youtube.com/watch?v=7hxgfcFN0yU https://www.youtube.com/watch?v=KoOTHYyyfDU
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    Chitchat Bond investors in Spore be careful

    ASL Marine Proposed rights issue to meet debt-interest obligations ASLSP 4.750% 28Mar2017 Last Check: 10% discount to par https://www.bondsupermart.com/main/bond-info/bond-factsheet/SG6Z90991217 ASLSP 5.350% 01Oct18 Corp Last Check: 33% discount to par...
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    Chitchat P...PAP Song

    https://www.youtube.com/watch?v=p8tkVn_yc8g pPAP is the BEST!!!
  6. R

    Chitchat Uncle RUN also feels like wearing school uniform again

    Thanks again brother. and of course, YOU ARE RIGHT!!!
  7. R

    Chitchat Bond investors in Spore be careful

    Down 3% liao. Black October if DB enters single-digit.
  8. R

    Chitchat Bond investors in Spore be careful

    Trikomsel - Owned by SGX-listed Polaris Trikomsel operating as normal in Indonesia but refuses to pay up. Many Singaporeans got tricked twice: - Many jumped in just months before it defaulted when Japan's Softbank took a minority stake - Market-whisper that a major local bank advised a...
  9. R

    Chitchat Bond investors in Spore be careful

    Pacific Andes Creditors of cash-strapped frozen fish seller Pacific Andes Resources Development (Pard) appear to have scored a legal victory yesterday. http://www.straitstimes.com/business/court-extends-legal-action-moratorium-on-pac-andes PAHSP 8.500% 30Jul2017 Last Check: Defaulted...
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    Chitchat Uncle RUN also feels like wearing school uniform again

    Brother Krafty, I thank you from the bottom of my heart for your encouraging words. Appreciate that. Say liao also paiseh, I was one of the last in school and never went to received university education. When I visited my alma mater 15 years ago, the teachers couldn't recall RUN. I hope...
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    Chitchat Bond investors in Spore be careful

    hahaha, No money liao must work harder mah, I don't complain about workload as long as it is not complaints and shit-clearing.
  12. R

    Chitchat Bond investors in Spore be careful

    Deutsche Bank struggling to stay in dual-digits Down another 2% in morning trading, 10.30 now
  13. R

    Chitchat Uncle RUN also feels like wearing school uniform again

    RUN and his chick. RUN's English teacher, Mrs Elaine Goh. Thank you for your guidance.
  14. R

    Chitchat Bond investors in Spore be careful

    no sir, RUN is just a manager, got do everything. Subordinates did wrong, they go home punctually, i got to go clear their shit. Just now got dusty construction near office, i got to go shift my superior's car while he's in a meeting. Middle Management - like a spec in army. Got officers...
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    Chitchat Bond investors in Spore be careful

    Deutsche Bank's Loss-Absorption Additional-Tier 1 Bonds DB 7.500% USD Bonds Last Check: 20% Discount from par https://www.bondsupermart.com/main/bond-info/bond-factsheet/US251525AN16 DB 6.250% USD Bonds Last Check: 24% Discount from par...
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    Chitchat Bond investors in Spore be careful

    Ezra Rebound in Ezra shares seen to be fleeting as oil industry woes deepen http://www.straitstimes.com/business/companies-markets/rebound-in-ezra-shares-seen-to-be-fleeting-as-oil-industry-woes-deepen EZRASP 4.875% 24Apr2018 Corp Last Check: 42% discount from par...
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    Chitchat Bond investors in Spore be careful

    Nam Cheong Nam Cheong's bonds were heavily promoted by OCBC to their rich clients in 2015. https://www.fool.sg/2016/01/05/investors-beware-all-may-not-be-well-at-nam-cheong-ltd NCLSP 6.500% 23Jul2018 Last Check: 33% discount from par...
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