Sunday, July 11, 2010

Saving Tips - Airport Lounge

I was at Hong Kong Airport recently and was waiting for my flight to Shanghai Pudong.  I was introduced to the airport lounge to rest as I still have to work for 6 hours for the flight.  For normal passenger, you have to pay around HK400 for a 2 hours rest in this lounge.  But if you have Amecian Express Credit Card, BOC Credit Card, etc, you will be allow to access the lounge Free of Charge.  I do have a BOC Credit Card but I never bring it this time with me thus I have not choice but to pay HK400 for my stay in the lounge.

I have been travelling frequently and noticed that owning some credit card will entitled you to access certain airport lounge free-of-charge.  So I will like to gather all this information and post it in this post so that we can share this information.  Please feel free to comments on this post if you have any information.

Saving Tips - Taking Budget Airlines

I will like to share my experience of taking budget airlines (Tiger Airlines).  I have recently took a round flight from Singapore to Hong Kong on Tiger Airlines, Singapore's Budget Airlines.  The seat are ok just that the gap between each rows of seat is really quite small.  For most people, you will not have enough space to move your legs.  But the width of the seats is quite good and is similar to the seats that you will be getting on normal airlines.  The food and drinks sold onboard the plane is really quite expensive.  It cost me $10/- for a small packet of nasi lemak and $3.5/- for a can of coke.  In additional, the food is really not very good.  But if you are really taking budget airline, I have the following suggestion;-

1) Book early - Budget airlines ticket are cheap if you make your booking like 1 to 2 months before the departure date.  If you are booking the ticket near to the departure date, the ticket maybe really quite expensive.  So it maybe better to book the air ticket on a normal airlines if the difference is not too big.

2) Seat selection - When you check-in, you will be ask where you wish to sit.  My suggestion is to request a seat just one row in front of  the last row.  Normally the ticketing counter will pack the passenger to the front of the plane and leaving the rear of the plane normally empty.  Do not take the last row as it is too near to the back wall of the cabin and you may not be able to adjust your seat backwards.

Saturday, July 10, 2010

Investment - Portfolio Summary (14 June 2010 to 9 July 2010)

After a 2 month overseas trip in Vietnam for work and a short hoilday trip in Shanghai, I finally have some time to update my blog and look at my porfolio.

This short hoilday trip to Shanghai was an interesting one.  I saw many of Singapore's big name setting up businesses in Shanghai.  For example, Captialland's Raffles City in 人民广场.. F&B companies such as Breadtalk and 美珍香 also have a strong presense in Shanghai.  I saw many Breadtalk and 美珍香 outlets in many parts of Shanghai.  You also can see DBS Buildings in 陆家嘴..

Ok.. Back to the porfolio, the porfolio did well for the past month when I am not around to go from a loss of around $200/- to a profit of $800/-.  I have decided to take profit by selling off CapitalComm and Comfort Delgro.  Cambridge will be releasing it report and dividend distribution soon on 15 July 2010.  I am also waiting for the report from GIL to see if the new management will be giving out dividend for the first half of the year before I decide whether to hold on to this counter.

At the moment, after selling off CapitalComm and Comfort Delgro, the porfolio is now on 60% cash and 40% equity.
List of Counter

SGX
Cambrigde - $0.500 (9 lots)
Digiland - $0.005 (100 lots)
GIL - $0.190 (14 lots)

Total Capital : $18,000
Total Cash : $11,231.66
Total Value : $18,891.66
Gain/(Loss) : $891.66