Saturday, 24 January 2015

Show hand...

Just not long ago, I blogged about being defensive and being passive. Being a extreme high D personnel, I just cannot stay still. This year 2015, I'm showing hand and up the level of leverage x 2. 

This is very exciting and have been keeping me awake all nights as I ponder my cards. I'm going to assemble my 'troops' and plan for final assault. Soldiers, gear up, we are going for war.

Spartans, prepare for Glory!

This is an update for the property, the one property where I showhanded had a price increased of 0.5% as of last friday and the houses are demolised and construction starts in 2 weeks time. This is an equity gain of $2500 before construction.

Monday, 12 January 2015

Stucked - Update - 23rd March 15

Today, Jan 12th 2015 is the completion of my 3 years contract with the Thai hotel unit. What started as a fixed deposit test property ended as my worst nightmare now. Well, dealing with Thais in general requires a lot of patience, all would be fine if i have time on my side, however, due to my aggressive acquisition of properties, I'm kinda stucked... I needed liquidity now. Since September 2014, I've alerted the owners of my intention, hoping they could improve their efficiency. It was only last week, they told me they had a change of CEO and the new CEO will need to go through the contract again and requires more time.

Well, generally I do not have much issues with Thai honesty. They will honour their word and contract, however when would the money come in it would be a unknown time. I wonder if clocks and calendars work in Thailand?

Update on the 23rd March. Lovely Miss Ploy went to take a look at this unit of mine which is still stuck. I don't know how to talk to thai... so much miscommunications.