Haagen-Dazs will be offering 1-for-1 ice cream croissants at S’pore stores on Wednesday, 13 Oct 2021
Limited time only, while stocks last.. Read more at SINGPROMOS.COM
October 11, 2021
Scoot to launch direct VTL flights to Berlin, Germany from 19 Oct, offers one-way promo fare from $200 all-in! Book by 17 Oct.
Can’t wait to travel? Scoot has got your back!
From 19 October 2021, Scoot will be operating thrice-weekly direct flights between Singapore and Berlin. This comes after Singapore announced the expansion of Vaccinated Travel Lane (VTL) arrangements to include seven European countries and the United States starting 19 October 2021, as well as South Korea starting 15 November 2021.
The flight schedules are outlined in the table below:
Screenshot via flyscoot.com
Scoot will be launching a special one-way fare to Berlin from S$200 if you make your bookings by 17 October 2021, 2359h unless sold out prior. The fare includes taxes with terms apply.
We tried to make a booking to see if we can find the S$200 fare:
The return fare costs about S$268.55 which still bring the total fares to less than $500 – still worth it for a trip to Europe.
Click here to make your booking on flyscoot.com now.
For more information on vaccination requirements, visit https://safetravel.ica.gov.sg/sc-pr/vtl
The post Scoot to launch direct VTL flights to Berlin, Germany from 19 Oct, offers one-way promo fare from $200 all-in! Book by 17 Oct. appeared first on MoneyDigest.sg.
Subway cookies are now going at $6 for 6 at S’pore stores from 11 Oct 2021
Share them with a friend or indulge all by yourself!. Read more at SINGPROMOS.COM
Subway cookies are now going at $6 for 6 at S’pore stores from 11 Oct 2021 Read More »
What On Earth Is A Buyback?
Lobang: https://www.moneydigest.sg/what-on-earth-is-a-buyback/
Highlights
- A buyback occurs when a company purchases its own shares in the stock market.
- A repurchase reduces the number of shares outstanding. Thus, it inflates earnings per share.
- A buyback can demonstrate to investors that the business has sufficient money set aside for emergencies.
WHAT IS A BUYBACK?
A stock buyback occurs when a company purchases shares of its own stock. It either retains the stock for resale to the market in the future or permanently removes the stock from the circulation.
This process reduces the total shares of stock outstanding and increases ownership stake that each remaining share of stock represents. It increases the value for the shareholders.
HOW DO BUYBACKS WORK?
Stock buyback plans are usually authorized by the company’s board and proposed by its executives. However, a planned buyback does not always occur. In some cases, the target share price a company chooses may not be met or a tender offer may not be accepted.
WHAT ARE THE DIFFERENT TYPES OF BUYBACKS?
The diverse types of buybacks include the on-market and off-market buybacks. The former refers to when a company buys its own shares on an exchange in the ordinary course of trading.
In contrast, the off-market buybacks occur when the company makes its offer directly to the shareholders.
Image Credits: unsplash.com
WHAT IS AN EXAMPLE OF A BUYBACK?
Company XYZ had one million dollars in earnings and one million outstanding shares before the buyback. Thus, it equates to earnings per share of S$1. Trading at a S$20 per share stock price, its P/E ratio is 20.
With all else being equal, one hundred thousand shares would be repurchased and the new earnings per share would be S$1.11. To have the same P/E ratio of 20, shares would need to trade up 11% to S$22.22.
WHAT ARE THE ALTERNATIVES TO BUYBACKS?
Buyback programs have come under scrutiny over the past few years. So, alternatives are important to know when understanding buybacks.
Other options include:
a. Using capital to acquire other companies or securities,
b. Returning cash on hand to investors in the form of dividends, and
c. Re-investing the capital in research and development.
The post What On Earth Is A Buyback? appeared first on MoneyDigest.sg.
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10.10: Cat & the Fiddle Cakes offering 40% off selected cheesecakes for one day only on 10 Oct 21
10.10 Ultimate Cheesecake Sale
Popular cheesecake brand, Cat & the Fiddle, will be running a one-day only sale on 10 October. Enjoy 40% off selected cheesecakes when you order any 3 special cheesecakes:
- Red Riding Hood
- Over the Moon
- The Russian Whiskers
*T&Cs apply. Promo available on 10 Oct only. Applicable for both online and in-stores orders (whole cakes), whilst stocks last.
Click here to buy now. *Note: Discount will be applied at cart.
Over The Moon
Was: $42.90
Now: $25.74
It might look simple, but don’t dismiss our best-selling classic Over the Moon New York American cheesecake as a plain Jane just yet. It just doesn’t bother to beat around the bush. Delivering intense and unadulterated cheese flavour in a smooth and lush body that is enriched with fragrant vanilla beans, it is no wonder that this pristine New York cheesecake has seduced countless palates in Singapore. Truly, nothing comes close to this gleaming star. Following the classic New York style recipe, we make use of fresh cheese and other palatable ingredients to make this perfect cake.
The New York Cheesecake is a fully-baked classic cake that will have you reminiscing of those nostalgic times you had with your family devouring a slice of this wonderful cheese haven during Christmas. The most popular cheesecake among our customers in Singapore, it is one of our best and certainly a must-try.
Red Riding Hood
Was: $48.90
Now: $29.34
If you are searching for the best red velvet cheesecake in Singapore, look no further! Their red velvet cake is decadent and moist, perfect for any occasion. A bite into our famous red velvet cake reveals a finer textured, velvety finish, with creaminess that is made possible with a combination of almond flour and cocoa.
A red velvet cheesecake with cocoa? Yes, cocoa. It is, in simple terms, a red chocolate cake after all, but it is different from traditional chocolate cakes. It is much lighter and with layers of moist fluffy cheesecake, it is very appealing to the palate. The cream cheese, a necessary component of a classic Red Velvet Cheesecake, acts as the perfect condiment to the cocoa by giving the cake the right amount of moisture without affecting its fine texture. For that extra touch and pop of colour, we even provide a sachet of coloured chocolate rice that is sure to brighten up anyone’s day!
The Russian Whiskers
Was: $48.90
Now: $29.34
If you love mangoes, you will surely be enticed by this majestic mango cheesecake.
Decorated all around with curls of shaved white chocolate for an elegant touch, Cat & the Fiddle’s Russian Whiskers is the creme de la creme of mango cakes in Singapore. It leverages the fruity taste of mangos and the rich texture of cheese to find a harmonic blend of sweet and savoury flavours that absolutely mouth-watering. Beneath the vivid yellow mango glaze is an airy cream cheese mixed with mango puree for a burst of tropical flair, while nestled within are a boozy surprise: finger-sponge biscuits. So refreshing that it’ll leave you hankering for more.
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