Migrants

The world is on the move. There are 244 million people living outside their country of birth, according to new United Nations data, the highest figure ever recorded and an increase of 71 million since 2000. By 2050, that number could go as high as 590 million, according to U.N. projections, fed by war and economic deprivation in the poorest countries with the highest birthrates.

SCB exch rate

SGD to USD 1.416
USD to SGD 1.393
Spread about 1.6%

Overseas Education OEL

Enrolment 3000 in 2015, capacity 4800
ASP inc 5-10% pa
3# in Singapore with long history (30 competitors)
1/3 of students paid by corporate checks (2/3 a few years ago)
Only 1 of the 4 full IB programs in Singapore

Risks: Competition, loss of status as school moved from Orchard Rd to Tiong Bahru

Relook and Entry Prices

Oriental Land 4000
SAP 50
RB 5500

Alibaba and Wechat

400m users of alibaba spending US$400bn a year
Wechat also has 400m users

Singles day do US$14bn per year, 85,000 txn per sec during peak hours

Invest Plan 2016

100k in stocks - 5 bullets, 20k each
100k opportunistic

Look closely at: OEL IBM Benesse LYV PSON BLN Berkshire, Reckitt

Core stocks
1. Diageo
2. Heineken
3. Unilever
4. Nestle
5. Disney
6. Colgate
7. Adidas
8. Pepsi
9. SIE
10. IBM
11. SATS
12. Coach