25 Jan '14, 7pm

The Lost Art of Bond Investment

There are a couple of bonds and preference shares listed on the Singapore Exchange (SGX). Due to their scarcity, it is rare to find discussions on how these should be selected for investment. Last Christmas, I had the opportunity to reread the Security Analysis, written by Benjamin Graham and David Dodd. In it, there are 2 sections devoted to how bonds and preference shares should be selected for investment. It listed 2 criteria, namely, the minimum average earnings coverage and the minimum current stock value ratio. The minimum average earnings coverage ensures that earnings are more than adequate to cover the fixed charges from bonds and preference shares for a sufficiently long period of time. The minimum current stock value ratio ensures that there is a sufficiently large pool of shares to cushion the bonds and preference shares in the event of financial distress. The ...

Full article: http://thefinance.sg/2014/01/26/the-lost-art-of-bond-inve...

Tweets

Missed out on Singapore Art Week? Read all abou...

is.asia-city.com 27 Jan '14, 12pm

During Singapore Art Week, Gillman Barracks, the art enclave comprising a diverse collection of contemporary art galleries...

[Art] Events - Grand Masters of Art: 13-31 Jan ...

timeoutsingapore.com 25 Jan '14, 4pm

The works on show were all created by Asian artists from across the decades, including Lee Man Fong, Chen Wen Hsi, Cheong ...

The Art of Romance by @TiffanyAndCo. Gentlemen ...

tiffany.com 25 Jan '14, 8pm

The Atlas® Collection Return to Tiffany™ Tiffany 1837™ Tiffany Keys Tiffany Cobblestone Tiffany Enchant Tiffany Infinity T...

Plugging Holes in Your Site: Reclaiming Lost Value #SEO #Marketing

Plugging Holes in Your Site: Reclaiming Lost Va...

seerinteractive.com 24 Jan '14, 5pm

Whether your site is big or small, if it’s older than a few years chances are you’ve “misplaced” some pages along the way....

ATTN Singapore-based geographers! Great exhibit...

nationalmuseum.sg 27 Jan '14, 2am

This page uses JavaScript and requires a JavaScript enabled browser.Your browser is not JavaScript enabled.

The Art of Seduction

robbreport.com 28 Jan '14, 7pm

The market for vintage pinup art changed dramatically in June 2007 when the fourth of five Gil Elvgren paintings crossed t...

A Glimpse of What We've Lost: 10 Extinct Animal...

treehugger.com 24 Jan '14, 11pm

The largest carnivorous marsupial in modern times (standing about 2' tall and 6' long including the tail), the Thylacine o...

World Economics Forum at Davos sets investment ...

thefinance.sg 26 Jan '14, 5am

At the annual World Economics Forum at Davos 2014, attended by head of states, economists and CEO of large MNC, this is wh...

Shock and awe: Dot .Tel lost 12% of its registr...

domaingang.com 26 Jan '14, 11pm

Konstantinos Zournas on NameJet deadbeats: Popular .org still unpaid for DomainGang on NameJet deadbeats: Popular .org sti...

Events - A Changed World: Singapore Art 1950-1970s

Events - A Changed World: Singapore Art 1950-1970s

timeoutsingapore.com 24 Jan '14, 4pm

Top 9 photography spots in Singapore SG under 60 minutes: Gallery hopping in Tanjong Pagar 4 top spots for street photogra...

Build a #stock portfolio with just $100 a month...

cpf.gov.sg 02 Feb '14, 11am

INVESTING can take time and effort. Many people I meet in my role at SGX tell me that they are daunted by the market knowl...

South East Asia’s Biggest Dinosaurs Exhibition ...

superadrianme.com 24 Jan '14, 7am

‘Shadow Puppets Alive! ’ – visitors can try their hands at creating their own Bullockornis or Megalania shadow puppet to b...