Wednesday, February 10, 2016

CroesusRetail Trust 2QFY16

Revenue                                        2,433,621,000(JPY)
NPI                                               1,367,914,000 (JPY)
Income Available For Dist           973,318,000 (JPY)
DPU                                              1.79 cents
NAV                                              76.03 (JPY)
Gearing                                          46.3%
Interest Coverage Ratio                 4.1X
All-in Cost Of Debt                        1.9%

With BOJ going into negative rates, cost of debt likely to remain low.

Wednesday, February 3, 2016


Gross Revenue                                            RMB 253,268,000
NPI                                                              RMB 158,888,000
NPI                                                              $ 35,294,000
Distributable Income                                   $ 21,848,000
DPU                                                             2.59 cents (2.48 cents for 4QFY14)
NAV (adjusted for dist)                               $ 1.72
Gearing                                                        27.7%
Interest Cover                                              6.3
Avg Cost Of Debt                                        2.99%
Unencumbered Assets                                 96.9%

Monday, February 1, 2016

US Presidential Elections (My Prediction)

The results of the Iowa caucus preliminaries are out. For the republicans, Ted  Cruz earned 27.7%, D Trump gotten 24.3% and Marco Rubio followed closely on Trump with 23.1%.

As for the Democrats, Hillary Clinton just edged out B Sanders with 49.9% to 49.6% of the votes.

My predication for the final will be between Hillary Clinton and Marco Rubio.
The democrats have the slight winning edge.