http://sgforums.com/forums/2523/topics/298780 en-US 60 <p><img title="Mr. Green" src= "/images/emoticons/classic/icon_mrgreen.gif" alt="Mr. Green" /> <img title="Mr. Green" src= "/images/emoticons/classic/icon_mrgreen.gif" alt="Mr. Green" /> <img title="Mr. Green" src= "/images/emoticons/classic/icon_mrgreen.gif" alt= "Mr. Green" /><br /> <br /> got in at 0.93... received dividends at 6 cents... today closing 0.9...<br /> <br /> still earn~ sum more.. company acquiring assets...<br /> <br /> expect more dividends this year~~<br /> <br /> gd defensive play</p> Thu, 03 Jan 2008 00:24:33 +0800 sgforums.com:2523:298780:7699453 sunny3510 http://sgforums.com/forums/2523/topics/298780 <p>Gonna ex dividend on monday le…</p> Fri, 28 Dec 2007 23:35:54 +0800 sgforums.com:2523:298780:7676561 sunny3510 http://sgforums.com/forums/2523/topics/298780 <p>Just read its financial report.<br /> <br /> "BBSFF has no existing direct or indirect exposure to this sector and will not consider any investments in this sector until BBSFF believes there is greater clarity in the market and it considers itself able to assess the transactions.<br /> <br /> <a href= "http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_46FE5B9440B584A4482573920082FCFE/$file/30September2007SGXReport-fina.pdf?openelement" rel= "nofollow">http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_46FE5B9440B584A4482573920082FCFE/$file/30September2007SGXReport-fina.pdf?openelement</a></p> Mon, 24 Dec 2007 22:36:07 +0800 sgforums.com:2523:298780:7652584 sunny3510 http://sgforums.com/forums/2523/topics/298780 <p>12% from dividends already... and plus capital appreciation???<br /> <br /> isn't it too gd to b true?<br /> <br /> Hopefully it's not juz another Sunshine Mpire</p> Sun, 23 Dec 2007 03:17:25 +0800 sgforums.com:2523:298780:7643162 sunny6110 http://sgforums.com/forums/2523/topics/298780 <blockquote> <div class="quote_from">Originally posted by sunny6110:</div> <div class="quote_body">this is wat i dun understand.... it is not the normal kinda loan I know of... It's more complicated instruments.....<br /> <br /> And 1 more thing i worry abt is i wondered if they are into the US sub-prime montgage thingy</div> </blockquote> <p>I think their just trying to make it sound high class. <img title="Laughing" src="/images/emoticons/classic/icon_lol.gif" alt="Laughing" /><br /> Any way one interprets it, its just basically a portfolio of loans obtained from the securitization process.<br /> <br /> And yes, thats basically how the CDO fallout stems from: Banks providing loans to masses of poor credit home owners and securitize them through issuing bonds and equity notes so complex and jumbled that its hard to assign a valid credit rating to. <img title= "Laughing" src="/images/emoticons/classic/icon_lol.gif" alt= "Laughing" /><br /> <br /> So your worries are not unfounded.</p> Sun, 23 Dec 2007 03:13:15 +0800 sgforums.com:2523:298780:7643144 Paradise Lost http://sgforums.com/forums/2523/topics/298780 <blockquote> <div class="quote_from">Originally posted by Paradise Lost:</div> <div class="quote_body">I checked their website and it seems that they classify their business into 3 categories: Operating Lease Assets, Loan Portfolio and Securitization Assets and Alternative Assets.<br /> <br /> In layman's terms:<br /> <br /> Operating Lease Assets: They have a share in fixed assets that provide rent as a cashflow.<br /> <br /> <span style="color: red;">Loan Portfolio and Securitization Assets: They have a portfolio consisting of a multitude of loans made out to different firms and sectors.</span><br /> <br /> Alternative Assets: Basically other types of "loan assets" not covered in the first two categories. Currently, their looking into renewable fuels and alternative energy loan exposure.<br /> <br /> In even layman's terms, their a fund whom cashflow comes from loans. <img title="Wink" src= "/images/emoticons/classic/icon_wink.gif" alt="Wink" /></div> </blockquote> <p>this is wat i dun understand.... it is not the normal kinda loan I know of... It's more complicated instruments.....<br /> <br /> And 1 more thing i worry abt is i wondered if they are into the US sub-prime montgage thingy</p> Sun, 23 Dec 2007 02:49:10 +0800 sgforums.com:2523:298780:7643046 sunny6110 http://sgforums.com/forums/2523/topics/298780 <p>I checked their website and it seems that they classify their business into 3 categories: Operating Lease Assets, Loan Portfolio and Securitization Assets and Alternative Assets.<br /> <br /> In layman's terms:<br /> <br /> Operating Lease Assets: They have a share in fixed assets that provide rent as a cashflow.<br /> <br /> Loan Portfolio and Securitization Assets: They have a portfolio consisting of a multitude of loans made out to different firms and sectors.<br /> <br /> Alternative Assets: Basically other types of "loan assets" not covered in the first two categories. Currently, their looking into renewable fuels and alternative energy loan exposure.<br /> <br /> In even layman's terms, their a fund whom cashflow comes from loans. <img title="Wink" src= "/images/emoticons/classic/icon_wink.gif" alt="Wink" /></p> Sun, 23 Dec 2007 02:40:36 +0800 sgforums.com:2523:298780:7643012 Paradise Lost http://sgforums.com/forums/2523/topics/298780 <p>At its price now… the dividends yield is abt 12% per annum!~~ Looks v attractive… But I can’t understand it’s business… Anyone can explain in simple english?</p> Sun, 23 Dec 2007 02:21:05 +0800 sgforums.com:2523:298780:7642925 sunny3510 http://sgforums.com/forums/2523/topics/298780