Monday, July 28, 2008

Parking

London $93
Amsterdam $90
London West End $85
Moscow $84
Vienna $84
Sydney $74
Tokyo $63
NY Mid Town $54
HK $38
Singapore $27
N. Delhi $3.4
Jakarta $2.6

Hawker centre 2

$1.2mn temporary site set up
170 out of 380 hawkers opt to continue business at temporary site
Each hawker pays S$5000 to 9800 for 16 mths of usage
Assuming average hawker pays $7500 ie month rental is $625

170 x 7500 = $1,275,000

Zero govt subsidy for temporary site?

Hawker centre 1

S$10.4mn upgrade
In order to cover this, hawkers may have to fork out $800,000 per yr
380 hawker stalls
Each hawker forks out $2200 per yr, or $180 per mth
Will Govt ask for just $180 or more?

Thursday, July 24, 2008

RE land and construction cost

Land cost $200-250psf
Constructuion cost $300-350psf

ie ppty built in 2007-2008 cannot be cheaper than $600psf
Construction cost rose from $250-300psf to $300-350psf fr Q1 to Q2

No. of companies in Singapore

There are 8,500 co.s in Singapore including SMEs.
Most of the 50 fastest growing co.s (SMEs) are expanding overseas with the help of IE Singapore.

Wednesday, July 23, 2008

Tuesday, July 22, 2008

Calories

Per day needs
2500 kcal
2000 mg of Na
400 mg Cholestrol

0.5kg = 3500 kcal

low calorie food
fish porridge 250 kcal
fish ball dry 360kcal
yong tau fu (soup) 200 kcal
beef noodle dry 400 kcal
Fish slice dry
Lei cha fan

no soft drinks
tea w sugar 60kcal
normal sweet drinks 100kcal
have green tea or barley for drinks

Sunday, July 20, 2008

Berkshire Hathaway

Revenue breakdown
Insurance 30%
Mclane (distributor) 24%
MidAmerican (power) 10%
Investment and derivatives 5%
Shaw Industries 5%
Manufacturing 12%
Retail 3%
Servicees 6%

Cash (2007) USD 44.3 bn
Equity investment (2007) USD 75 bn
Shareholders’ equity (2007) USD 121 bn
Revenue (2007) USD 118 bn
NP (2007) USD 13 bn
Taxes (2007) USD 6.5 bn
Float from insurance USD 59bn

Book value growth only 10% in the past 8 yrs
26% in 1990s
29% in 1980s

19 staff at HQ

Short selling

USD 1trn of equities on loan globally (possibly for short selling)
Global equities loss USD 11trn since last year's peak
Short selling reached 5% of stocks at NYSE
130/30 strategy to grow from USD 140bn in 2007 to USD 2trn by 2010

Fannie, Freddie and US Mortgage

US Mortgage market is USD 12trn
Fannie and Freddie holds 40% of mkt ie USD 5trn

Of USD 12trn, 1.5trn is mortgage related securities

Friday, July 18, 2008

Art auction

Sotheby and Christie earns USD 7bn in auctions
Roughly 50% share each

Tuesday, July 8, 2008

Desalination

There are 13,000 desalination plants globally.
Growth rate at 12% per yr.

Desalination produces 14mn cubic metres of water daily.
Desalination provides less than 1% of global water consumption.

North Africa (Libya and Algeria), uses about 6% of worldwide capacity.
United States uses desalinated water (6.5%), specially in California and parts of Florida
Middle East, (S. Arabia, Kuwait, the UAE, Qatar, Bahrain), uses about 70% of worldwide desalination capacity.

Monday, July 7, 2008

Water in Singapore

Singapore needs 1.4mn cubic metres of water daily
Will grow to 1.8mn cubic metres in 3-5 yrs

Singaporean uses 157 litres of water per day.
Target to bring to 155, used to be 165 litres per day.

Desalination provides 10% current needs
Recycling NEwater 15% of current needs

Cost of desalination 80c per cubic metre
Cost of normal water 20c per cubic metre
PUB sells water to everyone at 120c per cubic metre