Thursday, May 13, 2010

Highest paid CEOs of S&P500

1. Carol Bartz, Yahoo Inc., $47.2 million

2. Leslie Moonves, CBS Corp., $42.9 million

3. Marc Casper, Thermo Fisher Scientific Inc., $34.1 million

4. Philippe Dauman, Viacom Inc., $33.9 million

5. J. Raymond Elliott, Boston Scientific Corp., $33.3 million

6. Ray Irani, Occidental Petroleum Corp., $31.4 million

7. Glen Senk, Urban Outfitters Inc., $29.9 million

8. Brian Roberts, Comcast Corp., $27.2 million

9. William Weldon, Johnson & Johnson, $25.5 million

10. Louis Camilleri, Philip Morris International Inc., $24.4 million

Wednesday, April 14, 2010

Gem demand

Sales of diamonds in Belgium

in USD
China $737mn
US $695mn
Israel $274mn
Switzerland $237mn
UAE $140mn
India $139mn
UK $66mn
France $56mn
Italy $55mn

Tuesday, April 13, 2010

AirAsia vs SIA

Since beginning full-scale operations in 2002, AirAsia has grown sharply by offering low-cost flights. As of the end of 2009, the company served 136 cities in a total of 18 countries and areas. AirAsia saw its passenger traffic jump 24% to about 22.7 million last year, topping Singapore Airlines Ltd.'s roughly 16.3 million to become the biggest airline company in Southeast Asia.

Jakarta: Vehicles and Pollution

8.5mn residents
9.9mn vehicles (including motorbikes)

Causing major pollution issues

China's Real Estate

China cost of 100sqm house over average annual household income has been hovering around 9-11x for the past 10 years.

Beijing is 16x, in most cities, more than 8x

However Chinese citizens have government subsidies or parents to help them coup with such high prices. Mostly people afford their 1st private home from their sale of public housing, which is usually their first home
Or enjoy parent support when buying their 1st private home

Housing composition
35% public housing
13% rented public house
9% economic houses
23% commercial houses
5% rented commercial houses
11% self constructed
4% others

Downpayment of homes usually 3x annual income
mortage servicing cost is 50% of disposable income

High price to income ratio in China supported by 50m upper income households, which is 8x annual household supply of 6mn units

Home buyers have very little leverage, consumer debt only 16% of GDP
US consumer never hit below 20% of GDP by contrast

There is a risk of more than the usual in 6mn units of supply bcos municipal govt gets 30-50% of revenue from land sales and are unlikely to stop selling land

But 1% increase in urbanization rate means 4-5m new urban households every year - hence the supply glut would be covered in time

There are talks of introducing a 1.5% property tax based on 70% of buying price

Wednesday, April 7, 2010

Alkaff Mansion

Top bid rent $79,251
by LES

SLA rent guide $28,100 per month

2nd bidder $41,300 br Frangance Group


Gross floor area 13,000 sq ft
Land area 97,000 sq ft

LES psf $6
SLA psf $2

Monday, March 22, 2010

Singapore motor insurance

It said industry losses narrowed sharply to $44.5 million last year from $214 million the year before, partly as a result of steep premium hikes last year.
The hike pushed the amount of pre-miums collected across the billion-dollar mark for the first time: Insurers collected $1.08 billion from a record 925,518 vehicles on the road.

$48 loss per insured vehicle - 2009
$231 loss per insured vehicle - 2008

Tuesday, February 23, 2010

Disease ranking

Malaria 300-500 million annually
Childhood pneumonia 150million annually
Dengue fever 50mn cases annually
Cancer new cases 10mn annually
Diabetes 8.5mn annually
New AIDS victim 2.7mn annually



AIDS
People living with HIV/AIDS in 2008 33 million
New AIDS victim 2.7mn
More than 25 million people have died of AIDS since 1981

Diabetes
170mn diabetic patients globally
3.2mn dies every year

Cancer
New cases 10mn
6mn deaths
100mn culmulative death from tobacco related cancer

Malaria
300-500 million people contract malaria annually

One million people die each year from malaria

Childhood pneumonia
Pneumonia kills an estimated 1.8 million children every year
Accounting for 20% of all deaths of children under five years old worldwide

Wednesday, January 27, 2010

Thursday, January 14, 2010

Global online gaming market size

Korea USD 2-3bn
China USD 2.3bn
Japan USD 1bn
US USD 0.8bn
EU USD 0.6bn

Comparison of various famous genocides/atrocities

Death tolls

6mn WWII Jews Genocide (1942-45)
3mn Khmer Rouge @ Cambodia (1975-79)
2-3mn Cultural Revolution (1966-76)
3mn North Korea Arduous March (1995-98)
1mn Rwanda (1994)
0.2-0.3mn Nanjing Massacre (1937)
0.1mn Hiroshima Atomic Bombing (1945)
60,000 Nagasaki Atomic Boming (1945)
50,000 Changi Beach Massacre (1942)
3,000 Tiananmen Incident (1989)

Shortest time span record - Hiroshima 0.1mn death in 10 seconds

Wednesday, December 16, 2009

Thailand auto production

Thailand's automobile industry is expected to
achieve its 2009 sales target as it sold more new vehicles for a third
consecutive month in November on the back of an improving economy and
higher demand from farmers, the local unit of Toyota Motor Corp.
(7203.TO) said Wednesday. With December historically the strongest month
for vehicle sales and as the economy continues to recover, the industry
is likely to meet its 2009 sales target of 520,000 units, the company
said in a statement. Sales rose 23.8% from a year earlier in November to
57,031 units, following an 8.8% gain in October, said Toyota, which
compiles figures for the industry. During the January to November
period, new car and truck sales fell 14.3% to 476,786 units. In November,
passenger car sales were up 32.3% to 24,054 units, it said. Toyota had
the largest market share of the segment at 41.7%, while Honda Motor Co.
(7267.TO) had 38.9%.
Sales of commercial vehicles, including one-ton
pickup trucks, rose 18.2% to 32,977 units with Toyota grabbing 44.1% of
the market while Isuzu Motors Ltd. (7202.TO) had a 33.6% share, as
stronger agricultural product prices prompted farmers to buy or upgrade
their vehicles.

Monday, October 19, 2009

HDB affordability

Mortgage to annual salary ratio of 30% - not a good indicator
Bcos pple who cannot afford flats are not captured

Also loan tenure is 30 yr
About 56% of all HDB buyers take 30 yr loan

Price to income ratio
4 rm
2000 4.7
2009 5.5

5 rm
2000 5
2009 5.6

Global average 7-9x

HDB flats have become less affordable in the past 9 yrs but still more affordable vs global average.

Who is driving up HDB prices?

PR buys 20% of all HDB resale flats

23,000 HDB flats are rented out illegally (est)

Salary: Singapore vs Asia Pacific

Pakistan 9.6%
Vietnam 8.5%
India 8%
Singapore 2.8% (No.7 out of 19)
HK 2.3%
NZ 2.2%
Japan 1.9%
Average 4.8%

Salary freeze ratio
2009 50%
2010 16%

Resignation rate
2008 16.7%
2009 6.2%

Monday, September 14, 2009

HDB new flats

HDB new flats
2007 2,000
2008 8,000+
2009 8,000+

There are roughly 24,000 marriages in Sg every year

Median selling prices
3 rm $240k
4 rm $320k
5 rm $380k

80% of households qualifies for grant

Saturday, August 15, 2009

Orchard Road

7 mn tourist in 2008

8mn sqf of retail space of which
1.2mn sqf are new retails