To The Moon

I bought shares and Calls in early April. And sold early.. 1. Acquisition Core: The Only "Full-Spectrum" Rare Earth Producer Outside Asia USAR is acquiring Brazil's Serra Verde Group for $2.8 billion ($300M cash + ~$2.5B stock). Serra Verde's Pela Ema mine is the only producer outside Asia capable of scaling supply of all four magnetic rare earth elements: Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy), and Terbium (Tb). What does this mean? The global rare earth supply chain is currently heavily dependent on China. Serra Verde offers the West a "de-risking" alternative path. More critically, it carries a 15-year 100% offtake agreement, backstopped by a US government agency-supported SPV, with minimum price protections built in. 2. Financial Imagination: From "Story Stock" to "EBITDA Y

CICT Paragon Deal Fails Yield And Gearing Tests | SGX Daily Pulse 21 April 2026 | 🦖EP1561 The market sees “DPU accretion” at CICT and a safe 5.1% coupon at Aspial, but the math sees a yield trap at Orchard and a refinancing wall in gold. Swapping Asia Square’s 3.0% office yield for Paragon at 3.9% with 39.2% gearing breaches my balance sheet ceiling, while Aspial’s 70.8% gearing and 1.3x ICR turn that 5.1% coupon into equity-level balance sheet risk. My stance: engineered accretion without headroom is not Sanctuary income, it is leverage dressed as comfort. In a 5,000-point STI world, I treat the 1.37% Singapore T-Bill as a reminder of what risk-free really means, not an excuse to chase sub-4% Orchard yield. My 3.2% Forensic Floor and 4.7% income hurdle exist to protect S$100,000 retiremen

3 Good & 3 Red Flags: Seatrium Margin Stuck At 7.4% | 🦖EP1560 The market sees a 1.24% dividend from Seatrium, but the math sees your CPF and SRS taking equity risk for less than a T‑Bill. Margins are stuck at 7.4%, gearing sits at 0.4x, and yet you are being paid below my 3.2% Forensic Floor while management keeps the cash to fund a “One Seatrium” turnaround. My stance is simple: the order book looks like growth, but the payout profile still screams yield trap. In a 5,000‑point STI world, the question is no longer “Is this a turnaround?” but “Is my risk actually being paid?” With the Singapore 6‑month T‑Bill hovering around 1.37%, a 1.24% equity yield that fails my 3.2% Forensic Floor and 4.7% income hurdle is mathematically unacceptable for retirees. If I am taking engineering, execut