Miss Qs (Strategy & Stock Picks 2Q2021)

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    To Nat. One of the key clauses in the Fair Tenancy Practice code require landlord to use a single rental computation in lease agreements. This means that there cannot be an “either/or, whichever is higher” formula. What is the impact to S-Reits? Which Reits suffer the most should this code get legislated?

    Q. On iX Biopharma . A quick read from SGX their 5-years Operating Cashflow (2016-2020) have been negative (-9.13, -4.16, -8.36, -13.90, -8.32), Operating margin and Net margin are negative as well. Cash and Short Term Investments are lesser every year.
    From your presentation are you implying the worse is over?

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