tag:blogger.com,1999:blog-6213354074634538714.post2638716527799426179..comments2023-08-03T23:30:19.645+08:00Comments on (The) Boring Investor: Does FCL's 3.65% Bond Have Sufficient Margin of Safety?Lee Chin Waihttp://www.blogger.com/profile/10250390011842795509noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6213354074634538714.post-76635942197948444602016-04-22T23:14:13.827+08:002016-04-22T23:14:13.827+08:00Hi Rolf,
You're welcome. Yes, we should see m...Hi Rolf,<br /><br />You're welcome. Yes, we should see more retail bonds coming up in future.<br /><br />The cash portion is about 40% currently. I'm trying to reach 45% to be more comfortable.Lee Chin Waihttps://www.blogger.com/profile/10250390011842795509noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-9864708097512184082016-04-22T18:55:54.390+08:002016-04-22T18:55:54.390+08:00Hi Chin Wai,
Thanks for the reply. Perhaps we wil...Hi Chin Wai,<br /><br />Thanks for the reply. Perhaps we will see more retail bond issuance gg forward. I think FCL is a good deal due to the low risk. <br /><br />So how much cash % of total portfolio is relevant for u now? <br /><br />Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-86243949618710102622016-04-21T23:00:50.847+08:002016-04-21T23:00:50.847+08:00Hi Rolf,
Yes, you can still buy FCL bond. It is l...Hi Rolf,<br /><br />Yes, you can still buy FCL bond. It is listed on SGX. It is the same as buying stocks. Coupons are paid half-yearly. The next ex-dividend date is 4 May.<br /><br />Among the 4 retail bonds listed last year, it has the lowest yield, but I think it is also the safest, for reasons explained above. <br /><br />Nevertheless, I reduced my exposure to it after last Aug after I realised that liquidity can dry up rather quickly in times of market stress.Lee Chin Waihttps://www.blogger.com/profile/10250390011842795509noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-40226184810362927022016-04-21T21:41:42.186+08:002016-04-21T21:41:42.186+08:00Hi Chin Wai,
Appreciate your help to explain how ...Hi Chin Wai,<br /><br />Appreciate your help to explain how can I still buy FCL bond now? <br /><br />Does it makes sense to still buy the bond now?<br /><br />Is the buy and sell of FCL bonds same as buying stocks. Coupon paid pa or half yearly?Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.com