ButterKaya

$Keppel(BN4.SG) quietly made a significant strategic pivot this week.The planned M1 sale is off. Instead, Keppel signed a 25-year submarine cable agreement with Telstra International — locking in long-term infrastructure revenue rather than releasing capital from the telco business.I'll be honest: when the M1 sale rumours were circulating, I was watching to see if proceeds would get recycled into higher-yield assets. That didn't happen. But a 25-year cable deal with Telstra isn't nothing — it's predictable, contracted income, which fits the infrastructure thesis Keppel has been building.Not a headline-grabbing move. But steady cash flow over two decades is exactly what a dividend investor should appreciate.I'm not changing my position. Just watching how this develops.

SpaceX IPO at 100x revenue multiple - $1.75-2 trillion. How is the Maths working?

So... I've been reading up on the latest SpaceX valuation buzz, and numbers like $1.75 trillion are actually being thrown around??? It feels like the market is completely split right now. Are we pricing in solid, recurring revenue from Starlink, or are we just buying into the sheer scale of Elon Musk's imagination? Honestly, pricing a space company like a massive tech mega-cap is wild. What's the general consensus here... is this a realistic trajectory or just a massive speculative bubble? Would love to hear your thoughts!

https://www.reuters.com/commentary/breakingviews/spacexs-175-trln-hope-rests-musk-imagination-2026-04-21/