Investors' Blog Trackers | Value Investing @SG

Singapore's #1 Blog Tracker To Retail Value Investors & Traders For Singapore Investors.

Value Investing Bloggers This is an ongoing work we're embarking here to uncover some of the best blogs maintained by value investors and savvy investors living in Singapore; and perhaps all over the world! We have benefitted much from their learnings and these information are sourced directly from them in the hope that their messages gets propagated to all corners of Singapore.

Warning!

Smart value investors are long term investors and they exercise independant thinkings. DO NOT ASSUME accuracies in all the information published in the blog articles here. Do your own due deligences before investing your hard earned money.

You have been warned!

Snapshots from Value Bloggers:

January 2017
Discovered on 20 Jan 2017 at 8:10 am
With effect from 09 Jan 2017, YieldStocks will incorporate a Sort feature on the tables for Daily Yield Reporting. This allows reader to sort the table (Yield / PE sort may be useful). NOTE : The Tables will be Automatically Updated Everyday at … Continue reading →

SGX : Q217 Results
Discovered on 19 Jan 2017 at 9:52 am
Press Release Financials  

SPH : Q117 Results
Discovered on 13 Jan 2017 at 9:03 am
Press Release Presentations Financials  

Health and Wellness: A Secular Trend
Discovered on 9 Jan 2017 at 11:02 pm
Happy New Year and Welcome 2017!As a semi follow-up to the previous post, let's expand on the health and wellness theme that was discussed. There are two key factors to health and wellness: diet and sports. Ideas for diet would be about nutrition. Stocks could be Nestle, GNC (the supplement company) or maybe Danone. But in this post we focus on the second factor: sports. Or more specifically, sportswear including sports shoes.To illustrate an important point about sports related industries, t...

December 2016
Discovered on 1 Jan 2017 at 7:48 am
  STI = 2880.76 (-8.39 ; -23.26 for Mth ; -1.97 for Yr) Stock Period Mkt DPS cts Yield EPS cts PE Div Breakdown SGX FY16 (Jun) $7.160 28.00 3.911% 32.60 21.96 Q1, Q2, Q3 5ct ; Q4 5ct +8ct … Continue reading →

2016 in Review: Most Unpredictable Year Ever!
Discovered on 21 Dec 2016 at 3:23 am
2016 has to go down in history as the worst year for forecasters ever. Who would have predicted that the China market would collapse 25% in the first month of the calendar year, after dropping 40% in 2015, then only to rebound by year end? And the Bank of Japan reducing interest rates into negative territory, pulling 20-30% of the global bond market into negative yields. And commodities! Oil from $100 skyfalling to $30 and then back to $60, bringing the rest of the resource stuff - iron ore, ...

Hierarchy of Financial Needs
Discovered on 30 Nov 2016 at 9:44 am
Most readers would probably have come across Maslow's famous hierarchy of needs: a pretty neat explanation of how humans should view our existence in terms of our needs. Abraham Maslow, an Amercan psychologist, created this hierarchy as he was trying to understand human nature. The hierarchy of needs is usually produced in a pyramid like the one shown below. The theory goes like this: humans have needs and we need to fulfill our basic needs before we can advance to the next level. For example...

November 2016
Discovered on 30 Nov 2016 at 9:39 am
Results Announcement 1 Nov 16 : SIAEC (Q217) – EPS 3.17ct vs 3.96ct (Q216) / 1H17 20.83ct vs 7.65ct (1H16) ; Div 4ct vs 6ct (1H16) 2 Nov 16 : Starhub (Q316) – EPS 5ct vs 6.9ct (Q315) / 9M16 … Continue reading →

Vietnam Property: 5 Bagger! - Part 2
Discovered on 17 Nov 2016 at 4:51 am
This is the continuation of the previous post on Vietnam Property.We have established the following in the last post:1. Vietnam has a huge and hungry population and is on the growth trajectory to be a developed country. GDP will continue grow at high single digit and property prices at a multiple of that over time. It might be the last Asian Tiger in our lifetimes.2. The development of the Ho Chi Minh City (HCMC), mirrors the development of Shanghai. With the east of the city growing much fas...

ComfortDelgro – Q316 Results
Discovered on 11 Nov 2016 at 9:44 am
Press Release Presentations Financials  

SBSTransit : Q316 Results
Discovered on 10 Nov 2016 at 12:03 pm
Q316 Results

SATS : Q217 Results
Discovered on 10 Nov 2016 at 12:00 pm
Press Release Presentations Financials  

HLFin : Q316 Results
Discovered on 10 Nov 2016 at 11:44 am
Q316 Results

Singtel : Q217 Results
Discovered on 9 Nov 2016 at 6:12 pm
Press Release Presentations Financials  

Vietnam Property: 5 Bagger! - Part 1
Discovered on 29 Oct 2016 at 3:44 am
Here's an investment opportunity of a lifetime, yes once in a lifetime. If there is one post that you should read in 2016, this is the one. It's about Vietnam - the last Asian Tiger.For most of us in sunny Singapore, Vietnam is probably not on most people's radar. It's not as vibrant as Bangkok and the rest of Thailand, there is no historical site like Angkor Wat or Borobudur, hence not as big a tourist attraction. There are also no famous beaches, and no theme parks. Even the traditional cos...

SIA Engineering - Part 2
Discovered on 20 Oct 2016 at 8:59 am
This is an continuation of the previous post on SIA Engineering (SIAEC).As described in the last post, SIA Engineering has a solid business model that helps global airlines maintain their fleet. SIAEC's business moat is built on strong branding, economies of scale, efficiency which churns out high free cashflow and a high return on equity (ROE). It's also worth noting that the business is somewhat counter cyclical - when the macro economy slows and air travel is reduced, the airlines send mor...

SIA Engineering - Part 1
Discovered on 23 Sep 2016 at 10:44 am
SIA Engineering (SIAEC) is one of the strong blue chips name in Singapore to buy and hold for dividends. It has also made regular appearance in the annual dividend stock list posted on this site in almost every year since 2009. The long term stock chart below shows that it has compounded its intrinsic value, albeit with some cyclicality while paying annual dividends for the past 14 years (based on Yahoo! Finance, the "D"s representing when dividends were paid). An investor who bought the stoc...

2016 High Dividend List - Singapore, US, Australia
Discovered on 16 Aug 2016 at 4:58 am
It's out!The second section of this year's list threw out a few interesting names in the tech, finance and other sectors and there's an interesting discussion point that would serve to transform fundamentally the way some of us might want to invest! Yes, it's a big deal. First, here's the list:2016 Dividend List - Part 2Again, since the list gone global, Singapore names were relegated. To just one in this second portion - SATS. This name had appeared multiple times over the years, it continue...

2016 High Dividend List - Singapore, Europe, US
Discovered on 4 Aug 2016 at 4:12 am
The annual dividend list is out! As per last year, restricting the list to just Singapore can only yield a handful of names, hence it's more worthwhile to see things from a global perspective. The criteria for the screen had not been change for years except minor tweaks. Here's the first 20 names:2016 Dividend List - Part 1There are two Singapore names in the list: Yangzijiang and UMS. Yangzijiang is a shipbuilder which unfortunately is stuck in a bad part of the shipping industry which would...

Great Scot! Brexit?
Discovered on 12 Jul 2016 at 6:00 am
It's been three weeks into Brexit and the financial world now think that maybe it was never an issue at all? US S&P is back near all time high, the FTSE 100 bounced back with a vengeance and hit its high for 2016. Even the STI is now close to 3,000. Brexit? Nah. Let's Move On! That's market short-termism for you.For most people, it was actually more disappointing that in the same week, England was knocked out of the Euro Finals. By Iceland. Ouch! People asked, "What happened?" This was the Gr...

Teach Less Learn More - Lessons Learnt Part 3
Discovered on 7 Jun 2016 at 10:41 am
This is the last instalment about Singapore's Teach Less Learn More Education Philosophy, its trials and tribulations and the improvements needed. Links to the earlier parts below:Part 1Part 2We discussed how Singapore's education system should nurture the love for learning and also focus on collaboration not competition. Google and the great companies of the world collaborate to bring about better results. It's not voting out your mates in some reality TV in order to win a million dollars. T...

Teach Less Learn More - Lessons Learnt Part 2
Discovered on 23 May 2016 at 4:42 am
This is a follow-up post on Teach Less Learn More - Part 1.Teach Less Learn More (TLLM) was touted as the frontier philosophy in Singapore's education system to make learning holistic, bringing learning from inside the classroom to hands-on experiences, learning by discovery and less rote memorizing. Unfortunately, the implementation left much to be desired. Today, after years of TLLM, we are still stuck in an epic education war, akin to the popular Animal Kaiser game, where no animals nor th...

Teach Less Learn More - Lessons Learnt Part 1
Discovered on 1 May 2016 at 9:35 am
Despite this being an investment blog, education posts written in 2011 and there after had delivered one of the highest pageviews as a result of our obsessively competitive education system and the interest it generated. There had been various changes since then: it was announced that PSLE would move away from the three digit scoring system, schools would be more holistic building on the TLLM (a.k.a teach less learn more philosophy) implemented almost a decade ago amongst other changes. Hence...

Singtel bought out 8% for S$200m
Discovered on 1 Apr 2016 at 1:54 am
Dear readers, it is a pleasure to make a splendid announcement today. Singtel has bought over this site for S$200m and all readers whom liked us on Facebook will get an equal share of the profits i.e. around SGD 500,000 per person. Woohoo!Just kidding. Today is 1st of April after all.Today we would like to share insights into some of the stocks that were discussed previously here. One of which was Colgate, the blockbuster toothpaste maker that dictate how Singaporeans brush our teeth. (Darlie...

Overseas Education Ltd - Part 2
Discovered on 22 Mar 2016 at 11:41 am
This is a continuation from the previous post.A quick recap: Overseas Education (OEL) operates one of the largest international schools in Singapore and was listed on SGX in 2013. The stock has since collapsed below its IPO price due to the three issues discussed previously.1. It move from Orchard to Pasir Ris, a less prestigious location and lost 20% of its enrolment.2. Competition has increased with now over 70 international schools in Singapore.3. The global economic woes hit Singapore har...

Overseas Education Ltd - Part 1
Discovered on 14 Mar 2016 at 8:27 am
Part 2 is out!Overseas Education Ltd (Bloomberg Ticker: OEL SP) is an intriguing small cap stock in Singapore listed in 2013 that almost doubled but then crashed spectacularly in the last 1.5 years. It now trades at 12% free cashflow yield, 11x PE and pays a 4% dividend (likely to be more going forward) and earnings are stable and growing barring Singapore's demise (i.e. our beloved little red dot one day becoming irrelevant).For the uninitiated, OEL operates the largest independent internati...

Negative interest rates, skyrocketing asset prices!
Discovered on 1 Mar 2016 at 7:44 am
This is a continuation of the previous post.Inflation had always been around, so the nominal zero that we saw was never really zero. Inflation of 3% meant that money depreciated value 3% every year, we just didn't see it so we think it's not there. When inflation is 3% and interest rate is 2%, effectively money in the bank is still being burnt. After the Global Financial Crisis (GFC), nominal interest rate became zero, but inflation was around 1% and hence real rate was already negative. But ...

Welcome to the World Of Negative Interest Rates!
Discovered on 11 Feb 2016 at 12:42 am
The world is going to be a very different place. Since time immemorial, interest rate had been positive. This was very logical, at least to humanity. If we lend someone money, we are expected to be paid interest and at the end of the loan, we would get back the principal. No, that doesn't work anymore. The new rule is if we lend someone very, very credible some money, we would pay this person interest for the privilege of lending him money. Sounds great yah for people like us who are very, ve...

Lessons Learnt: Sembmarine and Keppel
Discovered on 28 Jan 2016 at 1:09 am
Our beloved oil rig manufacturers had suffered a catastrophic decline in the last 18 to 24 months. Keppel fell from $10 to $4.8, a 52% drop and Sembcorp Marine collapsed from $4.5 to $1.5. a 66% free fall. Sembmarine's parent Sembcorp Industries didn't do that well either, falling from $5 to $2.2, again a more than 50% decline from its peak. All three stocks now trade below book, with single digit PE, with no recovery in sight. Apologies to anyone who had took advice from previous posts and b...

Happy New Year! Let's talk about REAL Investing!
Discovered on 4 Jan 2016 at 12:08 am
Happy New Year folks, it's 2016. This year is meaningful in a way since this site started out in 2006. So, a decade just whizzed by with some intermittent writing, some charts and lots of thinking and oh yes, thanks for supporting this site for the past 10 years! It's been great so far, and there's another 40 more years to go! We are on track to at least match Berkshire or SG50, and it so happened that Berkshire is actually as old as Singapore and celebrated its 50th anniversary in 2015. So i...

Snapshots from the Blogosphere (Other Investor's Writings):

AA - Wait for The Reactions
Discovered on 22 Jan 2017 at 9:09 pm
AA had a good small run recently. It was constantly appearing in the Top Volume everyday and the stock had huge volume burst where the buyers were fast and furious. Looking at the chart now, I expect AA to reach the 0.039-0.042 region first before I decide my next course of action. The stock needs to absorb all that selling before it's able to move again. Watching it closely.Ronald K - Market Psychologist - A Stock Market Opportunist

Chip Eng Seng – What really matters in a Stock
Discovered on 22 Jan 2017 at 9:00 pm
as I continue to find the next company for my $2k Construction & Engineering | Founded in 1998 | Build HDB (Pinnacle -famous one)/Condo , Woodlands driving centre Comparison will be done with Low Keng Huat [LKH] (Closest market cap) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 0.542 (45.8% below […]

Different models for e-commerce
Discovered on 22 Jan 2017 at 9:00 pm
Ok, I get a few queries pertaining to the idea of having passive income via e-commerce. Personally, I do doubt one can be really ‘passive’ when it comes to e-commerce. But first, let’s look at the various ‘models’ of e-commerce. It is not just getting a product and selling online. While listening to podcasts, one […]

21/1/17: How are my investments doing?
Discovered on 22 Jan 2017 at 9:00 pm
In December, most investors were away for holiday and we were mostly cautious waiting till Trump to step up as President this morning. STI has been growing slowly over the 3,000 range while Dow Jones Index flirts with the 20,000 mark. There are still many expectations about USA’s protectionism policies along with China’s plan to […]

Tools for Titans #45 : The Last One !
Discovered on 22 Jan 2017 at 9:00 pm
All good things must come to an end. This is the last segment on this blog on Tools for Titans. I am only going to do the wealthy section of the book. Starting tomorrow, my priorities are to complete the “Wise” section at my normal pace which means that I would be done with the […]

Recap 2016 & Looking Ahead 2017
Discovered on 22 Jan 2017 at 8:30 pm
Global markets were on a roller coaster ride in 2016 starting in really bad shape with market crash shouting all over the places but ending 2016 with a bang (for most markets in particular US).  FTSE STI however was flat for the year despite all the roller coaster ride and great volatility, ending with a […]

A Prediction About Properties 13 Years Ago
Discovered on 22 Jan 2017 at 8:30 pm
Before I became a blogger in 2012, I contributed to the Straits Times (ST) Forum Page once in a blue moon. My first letter was written in Dec 2004 and discussed the issue of whether downgrading homes was a viable means of providing for retirement. I was 29 that year. Certainly, I was not thinking […]

Why I DIDN’T chose a 30 year bank loan but a much shorter one???
Discovered on 22 Jan 2017 at 8:30 pm
Read more on ? Housing Loan A few questions to be seriously answered before we know whether we ARE LIKELY to be right in the future. (1) You seriously think that you won’t get married and have kids. (2) You don’t REALLY have any dependents counting on you alone. (3) You don’t foresee you will be […]

MOTIVATION to BE FREE from the RAT RACE!
Discovered on 22 Jan 2017 at 8:30 pm
The corporate rat race is unrelentless and the cycle keeps going: spending too much time at work and worst of all, I wonder how many of us find pleasure in our work? And we come back home late at night, only to spend that little time left with our families and on our pursuits. And […]

Minions of wealth destruction.
Discovered on 22 Jan 2017 at 8:30 pm
I have warned against the evil installment plans and their minions. Don’t remember? See related post at the end of this blog post. Minions can be in your face or minions can be in disguise. One way or another, they will lead to wealth destruction. What? Pay for a purchase using interest free installment plan […]

How to be a millionaire through Stock Investing by 2017
Discovered on 22 Jan 2017 at 8:30 pm
Dear Readers & Fellow Bloggers,   I am neither hallucinating nor suffering from permanent brain damage as I write this post. I have stumbled across a company on the SGX where you can indeed earn a million ( if you believe the management & auditors). Introducing China Sports International About China Sports International A China […]

Tools for Titans #44 : The best way to predict the future is to create it.
Discovered on 22 Jan 2017 at 8:30 pm
Peter Diamandis has been named one of the World’s 50 greatest leaders by Forbes Magazine. He is interested in space travel and human longevity. This is a good, solid section that is full of visionary ideas. a) A problem is a terrible thing to waste This simple idea exhorts us to cherish the problems that […]

January is coming to an end
Discovered on 22 Jan 2017 at 8:30 pm
When we were asked what we look forward to in the new year, all of us (NSFs) in the unit replied in unison, “ORD!”. The first month is coming to an end soon. It’s been also a year since I started this blog and tracked my finances. In that process, one observation was clear. Your […]

Top Up CPF SA From CPF OA? Depending On Who You Ask! (10)
Discovered on 22 Jan 2017 at 8:30 pm
Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (9) Saturday, 19 September 2015 ….. Recently; Uncle8888 has been reading increasing interests in topping up CPF SA. He did once to top CPF SA from his CPF OA and then realized .. oh dear and stopped! One and only once! Probably; the […]

This valuation methodology will work for any stock and company
Discovered on 22 Jan 2017 at 8:30 pm
Everyone values companies and stocks differently yet investment analysts are able to come up with a fair price roughly similar to each other. There must be a framework they use which we do not know of. You will learn about this methodology being taught in my Valuation module. As mine is a Accountancy degree, the […]

Top Volume Snapshot - Capture of the Moment
Discovered on 22 Jan 2017 at 7:26 pm
Market seemed boring as of now. Nothing really moves and the movements were just temporarily. Alliance Mineral moved and suffered some selling, AsiaMedic was the same. It's a cold and chilly day outside just like the stock market. I am staying out for now but hope it maybe more exciting later.Ronald K - Market Psychologist - A Stock Market Opportunist

Best credit cards for large purchases in Singapore.
Discovered on 22 Jan 2017 at 7:21 pm
How to be ahead of the game? Please don't believe everything bloggers tell you. Sometimes, bloggers can also be minions of wealth destruction. A personal finance blog says if a designer bag you want arrived earlier than expected and you haven't... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

66.3% increase, what is it?
Discovered on 22 Jan 2017 at 6:42 pm
Ever since I start working, beside focusing whether my stocks portfolio goes up or down, I am also focused on how a sedentary lifestyle behind a computer means to my health. For health is wealth. And if spending close to ten hours a day sitting behind a workstation is not enough, consider this: I also […]

5 things you need to know about Daibochi Plastic & Packaging Industry Berhad
Discovered on 22 Jan 2017 at 6:00 pm
Daibochi Plastic & Packaging Industry Berhad (Bursa: DAIBOCI) is a classic example of finding an investment idea while grocery shopping in the supermarket. When you visit the supermarket, you will realise that many food products like your Cadbury chocolate bars and Milo sachets require packaging. A company has to produce and manufacture all that packaging […]

Should an 80 year old be in 100% stocks?
Discovered on 22 Jan 2017 at 5:00 pm
The most common advise may not be the right action that you should take. In everything we do, we always want to do the right thing. And often, we feel that the right thing is to do what the general crowd is doing. This is to be safer in numbers. Charley Ellis is 79 years […]

A bit more to go [5/6]
Discovered on 22 Jan 2017 at 10:56 am
A bit more to go – I’ve done with 4,000 words. This is more than what I had initially planned, which was roughly 2,000 words. What make this piece so different than the previous few is that I find the process of writing so much enjoyable. Maybe it’s because those are things that are closed […]

Cory Diary : Frasers Centrepoint Trust 1c17
Discovered on 22 Jan 2017 at 2:11 am
Since I last blogged FCT ( Link ) a year ago I am reading FCT report again today. Key Takeaway NAV $1.93. Last closing share price is $1.965. Slightly above book value. Management has said they will maintain 100% payout of roughly 5.9% yield. The AEI trough expects in May’17 and recover after. AEI completion in Sept’17. […]

Stock Operation Course Jan 2017 - Just Before CNY
Discovered on 22 Jan 2017 at 1:56 am
It was a long 2 days but an enriching one. Why? Because I have some new discovery and changed my course notes a little for my strategy to suit the current market conditions. I am happy for those who came for my Stock Operation Course January just before CNY next week. The thing that made my day was when I see so many enthusiast traders and fellow investors hungrily wanting to make $ from the market. I am glad to impart my knowledge to all of you and see you all next week for a very important ...

Quick thoughts
Discovered on 21 Jan 2017 at 6:00 pm
Well, we are in January, still relatively early in the year. Work has been picking up. I intend to focus more of my attention at work (likely work later these past few days). News of retrenchments from other companies in my industry has been floating around. In the recent company Dinner and Dance (D&D), there […]

Be a wealthy and happy peasant.
Discovered on 20 Jan 2017 at 9:10 pm
"Singapore is one of the world's most unhappy nations?"  Sir Stamford Waffles Jr. Jr. "AK talks about how we should make more money, save more money and try to be financially free. AK makes sense. I am trying my hardest to be like him. Must have... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Three attributes of a wealthy peasant.
Discovered on 20 Jan 2017 at 2:47 am
"Basically, the more you catch, the higher your CPPF." Wait a minute! Was that a coded message? The more you top up, the higher your interest income from CPF? I anyhow guess one lah. Life can be unfair. Why am I not born into a super rich family?... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Singapore Top Volume - Important Moment
Discovered on 19 Jan 2017 at 9:21 pm
Important capture for the Top Volume. These are the 3 golden moments. I have found my stocks and next week could be a good time. Tonight is a volatile night and hence I am staying out for today. Next week will be exciting as I will be doing some important private sharing before CNY. So looking forward.Ronald K - Market Psychologist - A Stock Market Opportunist

Sugar - Shorted with Profits
Discovered on 19 Jan 2017 at 8:16 pm
So happy to receive this email earlier. I am pleased to know that my strategies can work in all markets and all instruments. In this case, my student shorted Sugar and made some handsome profits last evening. Sugar crashed and the rest was history. Congrats on your winnings and please continue the streak.Ronald K - Market Psychologist - A Stock Market Opportunist

Oxley - 163% Rise on 2Q Earnings
Discovered on 19 Jan 2017 at 6:43 pm
Oxley just released a good news that their 2Q earnings rose 163%! It seemed as though the rising price yesterday was pretty predictable. More importantly, we longed before the news is out and the chart can foresee the good earnings before it happened. The news was released at 7:40am this morning. I am going to find another good stock now!http://stockmarketmindgames.blogspot.sg/2017/01/oxley-somm-bullish-whatsapp.htmlpicture source: http://sgx.i3investor.com/servlets/fdnews/65914.jspEventbrite - Enroll for Stock Alerts and OpportunitiesRonald K -...

The Fifth Person and AK "ON AIR".
Discovered on 19 Jan 2017 at 7:48 am
I am good friends with the guys at The Fifth Person and they also helped me in my event, "Evening with AK and friends", last year. Many readers ask me when am I going to have another "Evening with AK and friends" this year but I am feeling even... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Good deal because price has dropped.
Discovered on 18 Jan 2017 at 10:45 pm
"Don't ask barbers if we need a haircut." There was a time when I enjoyed visits to the banks. As a boy, I was very interested in getting the highest interest rate possible for my savings. I enjoyed visiting the banks to update my savings passbooks... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Oxley - A SOMM Bullish Whatsapp
Discovered on 18 Jan 2017 at 9:10 pm
Oxley is recently in some good news. On Jan 13th, 10.14am they released that they secured NTMA as Anchor Tenant. On the very same day, I was able to spot the hidden buying before the factual news was released at 10.14am. In fact, I gave a bullish SOMM Whatsapp alert on Jan 13th, 9:41am on a Friday like 30 minutes before the good news was released.Eventbrite - Enroll for Stock Alerts and OpportunitiesOxley is now slowly creeping up bit by bit and reaching a short term supply zone. The most important thing is how the Big Hands managed to buy secre...

Singapore Top Volume - Capture of the Moment
Discovered on 18 Jan 2017 at 7:51 pm
These are the most important capture of the moment. The market seems sluggish with only Alliance Mineral running while the rest of the stocks are just pure stagnant. Another day of boring market. I think after tomorrow will be volatile and one has to be careful when trading. Looking forward to more vibrant days.Eventbrite - Enroll for Stock Alerts and OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

YingLi - 100 Lots Filled @ 0.164
Discovered on 18 Jan 2017 at 12:55 am
YingLi, longed at 0.164 with 100 lots and it's now 0.171 with high volume and uprising price. Congrats to my student who used the strategies I taught him to spot this counter before it ran. The daily watching of the Top Volume is crucial in picking the right counters to trade. When I saw YingLi's uprising price, I was so happy for him. Hope to find the next stock tomorrow. This coming Friday will be an important workshop sharing before CNY, so don't miss it!Eventbrite - Enroll for Stock Alerts and OpportunitiesRonald K - Market Psychologist - ...

Top Volume Secrets Revealed - A Sharing Session
Discovered on 17 Jan 2017 at 8:12 pm
Really enjoyed my sharing session last evening. The most important topic is how to scan stocks using the Top Volume and I am delighted to know that most of you learnt a thing or two. The market had been very stagnant and tough at the moment as it maybe due to the inauguration for Donald Trump. At the moment, I am watching for some tradeable stocks for the next punt. I have another sharing on Friday. See you all there for those who are interested and registered.Eventbrite - Enroll for Stock Alerts and OpportunitiesRonald K - Market Psychologist ...

What an unemployed 53 year old can do with $20K?
Discovered on 17 Jan 2017 at 1:48 am
Dear AK, I am 53 and I have been jobless for more than a year. I have given up on job search. Fortunately, I am a saver and have almost 200k in savings. Jobless 10 years too soon, I need to make my savings last longer.  My sister told me about a 5... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Jumbo Group - Ron Sim Increased Stake with 32 Million Shares
Discovered on 16 Jan 2017 at 10:32 pm
Jumbo a stock that we traded through Whatsapp alert on Dec 28, 2016 last year was definitely a stock to watch out for back then. I was just checking who went to buy that 32 million shares on a married deal and saw from the SGX website that it was from the Osim found, Ron Sim.http://stockmarketmindgames.blogspot.sg/2017/01/jumbo-32-million-married-deal.htmlpicture source:http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3MonthsSecurity&F=PX1D9Z1V9GEZ8A6Z&H=531464aac3...

Singapore Top Volume - Stagnant Market
Discovered on 16 Jan 2017 at 8:18 pm
Today is a tough day. Nothing really moves or tank much. Seemed mix and stocks are not moving smoothly. The top volume early in the morning reveals some stock that was in play but the movements thereafter is slow and weak. As of now, everything simmers and nothing is really interesting at the moment. Stay out for now. HSI Warrants took cover and took over.Eventbrite - Enroll for Stock Alerts and OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Stock Operation Course Jan - Sold Out
Discovered on 16 Jan 2017 at 6:56 pm
I am pleased to announce that my Stock Operation Course for January is sold out due to overly popular demand. I thank everyone for their support and I believe that some of you had already made $$ from the Whatsapp and Forum before even starting the Jan course. I am now opening the March course for registration and to my surprise, it's also selling out soon and I am left with a few more seats at the moment. Thank you and let's trade 2017 for more profits.Eventbrite - Enroll for Stock Alerts and OpportunitiesRonald K - Market Psychologist - A St...

Who is Donald Trump? How’s his decision can affect your investment?
Discovered on 16 Jan 2017 at 5:30 pm
A short video to introduce Donald Trump’s wealth. Knowing his background may help us to understand more about his decision making and personality, which may give us some insight how he makes decision. This little insight may help to protect our … Continue reading →

Non-Landed Residential Resale Property Transactions for the Week of January 3 – January 6
Discovered on 16 Jan 2017 at 8:33 am
Singapore Property Weekly Issue 294 now out
Discovered on 16 Jan 2017 at 8:31 am
In this week’s issue: GEPIC 2017 – FREE TICKETS FOR PROPWISE SUBSCRIBERS! Resale Property Transactions (January 3 – January 6) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 294 by Propwise.sg on Scribd

Cogent, Alliance Mineral - Profiting Today
Discovered on 16 Jan 2017 at 2:48 am
Good day locking in profits again for Cogent and also congrats to my student who used the strategies I taught him to trade and secured profits for Alliance Mineral. Cogent was booked at the day high at 0.715 where it's now at 0.705. Although I am not trading today, tomorrow is a better day for me as I know which stock could be in play. More importantly, I will try to predict the overall market movement first before taking a trade. Watch my blog tomorrow.Eventbrite - Enroll for Stock Alerts and OpportunitiesRonald K - Market Psychologist - A St...

The fate of my investment in SPH.
Discovered on 16 Jan 2017 at 2:43 am
"At SPH, we recognise the power of sharing in a world that's more connected than ever, across multiple platforms." Disruption to the media industry is faster and more frightening than I had expected. Actually, if an IT dinosaur like me can be a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Singapore Straits Times Index - Sellers Rules, Part 2
Discovered on 15 Jan 2017 at 7:45 pm
As posted at 8:45am before market started on this blog, the sellers indeed came out!! Click below and read.http://stockmarketmindgames.blogspot.sg/2017/01/singapore-straits-times-index-seller.htmlTo do short term trading, I think one of the key strategies is to know when to hop in and when to avoid taking a trade. One must be able to foresee what the market is going to happen in order to strategize and plan trades correctly. Genting, CNMC and many other blue chips counter are all down at the ...

Singapore Top Volume - Most Important Capture
Discovered on 15 Jan 2017 at 7:12 pm
4 screenshots captured, 4 important moments earlier in the last 10 minutes of trading. Some many nice stocks in play. Look at Cogent, one of the stocks I posted in my private forum, it opened at day high 0.72! I am so happy for some who already locked in and made $ while others are swinging the trade and still in bigger profits. Click below and see my Cogent post.http://stockmarketmindgames.blogspot.sg/2017/01/cogent-cooling-heat.htmlEventbrite - Enroll for Stock Alerts and OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Singapore Straits Times Index - Seller Rules
Discovered on 15 Jan 2017 at 6:45 pm
Today is a tough day in the market. After last Friday's rampant up with an amazing speed with mostly retailers chasing, I expect the market to turn red today. The sellers are looking to lock in $ while the buyers are looking to collect it at important and the correct support level. Most blue chips maybe suffering some selling with some penny and growth stocks may continue to run a little. Not all stocks are equal but I am speaking in the context of the big overall picture. Not trading today a...

Weekly Inter Market Analysis Jan 15-2017
Discovered on 15 Jan 2017 at 10:51 am
See previous week Weekly Inter Market Analysis. Original post from http://mystocksinvesting.com SPY (SPDR S&P500 ETF) SPY is trading within a very tight range between the all time high resistance of 227.75 resistance and immediate support at 223.  Probably will see the breakout this … Continue reading →

Donald Trump’s $20 Trillion Problem
Discovered on 14 Jan 2017 at 11:36 pm
Interesting video to explain the $20 Trillion Debt challenge to Donald Trump’s administration. Enjoy! Coming up event: Free workshop: 2017-02-13 (Mon) Singapore: Trump Era; Where are the Risks & Opportunities? See other events and courses here. http://mystocksinvesting.com/events/

Coach (NYSE:COH)
Discovered on 14 Jan 2017 at 10:02 pm
Coach's sales and profits have dropped for the past 3 years, but the company is now supposed to be in a turnaround.Before looking at the numbers, the most important thing for luxury goods is branding: a combination of consistent pricing, retail environment and advertising.  Styles come and go.  But consistent branding means a company can survive product flops and style disasters:Here in Asia, Coach is mid-range luxury, compared to brands such as LV.  All bags are sold through their own stores...

GEPIC 2017 – FREE TICKETS FOR PROPWISE SUBSCRIBERS!
Discovered on 14 Jan 2017 at 10:51 am
There will be a Global Economics and Property Investment Convention (GEPIC) 2017 this coming 15 February. This seminar is strictly educational and will provide you an outlook of the economy, property market, and disruptive technology. This year, we have invited 3 renowned speakers to share on the following exciting topics: 1)      The Future of Global Economics […]

A 45 Minute Talk by Ronald K - Buy Before The Big Volume Sets In
Discovered on 14 Jan 2017 at 4:01 am
It was a long day for me today. Just managed to finish work but it was very enriching to give a seminar in Mandarin. Although it's my first time and I may not speak very fluently, I believe the message is delivered concisely. Thank you everyone for coming to listen my 45 minute talk. The time is really not enough and hence I did not managed to finish my slides. But well, I will have another workshop next week to continue my topic on how to buy before the big volume sets in. See you all next w...

Impressive passive income but are you lying, AK?
Discovered on 13 Jan 2017 at 7:51 pm
The love of money is the root of all evil or so the Church says. How much money did you donate to AK? Did you sell your flat to give $20K to AK? This is not the first time I have received an email like this but it has been quite a while. This... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Singapore Straits Times Index - More Upside, Cityindex Account Up $94,000
Discovered on 13 Jan 2017 at 3:24 am
The STI still has more room for upside. See my prediction when I posted my analysis on this blog on Jan 5th that the STI will have a bull run till CNY. It's happening now! In fact, I shared this bull run last year way before I posted on my blog in one of my private student sharing sessions.http://stockmarketmindgames.blogspot.sg/2017/01/singapore-straits-times-index-bull-run.htmlThis bull is for real and is here to stay. Don't miss your opportunity to make $ on the long side. The goal I set f...

Golden Energy - A Turning Point
Discovered on 13 Jan 2017 at 12:41 am
I am watching this stock Golden Energy and soon next week, I believe it's forming a turning point to the upside with more high volume buy up. The sellers emerged earlier and I think it's cautious to be watching first and not do anything funky. The moment some flushes happened and when it's about to turn up, one can look to hop in for some Contra trades. I will elaborate and share more about the turning point strategy in my workshop next Friday for those who are interested to learn.Eventbrite - Enroll for Stock Alerts and OpportunitiesUpdate, 13/...

Cogent - Power Run Again
Discovered on 12 Jan 2017 at 9:59 pm
Cogent ran again after we traded earlier this week on Wednesday! I saw another stock like this and it's going to rocket soon. I will Whastapp if the timing is right. Don't miss it!http://stockmarketmindgames.blogspot.sg/2017/01/cogent-cooling-heat.htmlEventbrite - Enroll for Stock Alerts and OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Top Volume - Important Capture
Discovered on 12 Jan 2017 at 8:35 pm
This is the most important capture for the STI Top Volume today. Some stocks looks pretty exciting like Anchor Resources and earlier in the morning like Golden Energy. AsiaMedic also looks pretty interesting as it ran earlier. I will be sharing more next Friday. The market is so hot!Eventbrite - Enroll for Stock Alerts and OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Why lazy people "want" to continue working?
Discovered on 12 Jan 2017 at 8:03 pm
(I salute Tan Hock and Wilson Poh.) An exchange with another blogger. Blogger: Just thought I'd share this since many investment bloggers (whose plans, like mine and yours) are to live off investments; Not sure if it's because a significant... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

CNMC Goldmine - Profited Another $4000 Today
Discovered on 12 Jan 2017 at 4:31 am
Took another $4000 from CNMC today after that high volume big hands appeared. See the attached minute chart. Today was really a good day, profiting from CNMC, Starhub, M1, Natural Cool and Golden Energy with a total profits close to $24000. Most of the stocks selected and traded were very profitable and so looking forward to tomorrow to make $ again. CNMC is an erratic stock that follows gold so tonight I must start looking at gold. I maybe shorting stocks tomorrow as I believe the market is ...

Golden Energy - In Profits Now, Profits Locked in
Discovered on 12 Jan 2017 at 1:09 am
Golden Energy is in play now as the stock is currently in the Top Volume with rising price. In the $ now for Golden Energy as the volume came in and whacked up the shares. The chart revealed some important information on collections and flushes which caused an up heave of buy ups. I will give out some good stocks next Friday in my workshop if you are interested to know and learn more on short term trading. Registration button is below.Update: 12/1/2017, 6:19pmLocked in profits for Golden Ener...

Natural Cool - All Made $$, Congrats!
Discovered on 11 Jan 2017 at 11:23 pm
Finished another powerful trade in Natural Cool with my students. It was a hell of a ride as the stock was fast and swift. The most important thing is we did not buy when the stock run but instead we bought at the collections point before the stock germinate and broke out with super high volume earlier. In my private forum, I posted a bullish alert before it happens and after the stock started to run higher, that's where we unloaded and locked in profits first.It's a good day today as parkson...

How AK uses his SRS money and why?
Discovered on 11 Jan 2017 at 9:08 pm
Do you have to work beyond retirement age? "Who is going to pay? Take responsibility." For anyone who pays quite a bit of income tax, I always suggest starting a SRS account. See related post #1. Since the inception of the SRS, I contributed the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Holistic approach to a secure financial future.
Discovered on 10 Jan 2017 at 9:22 pm
(Decide how much income you will get from an asset and pay a fair price for that.) I am always happiest reading happy stories. I mean who wouldn't be? OK, if you need a reason, well, they are easier for me to reply to compared to sad stories. LOL. ... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Singapore REIT Stock Shortlisting Bubble Charts January 2017
Discovered on 10 Jan 2017 at 8:13 am
Bubble chart derived from January 2, 2017 Singapore REITs Fundamental Comparison Table. From the charts, it can be seen that there are closing yield spread between big cap and small cap REITs; and more REITs Price/NAV valuation becomes more attractive now (Bubbles … Continue reading →

Tea with LS: Withdraw CPF MSTU and interest at 55?
Discovered on 9 Jan 2017 at 9:10 pm
Very well researched and put together. Hats off to LS who originally placed this in the comments section. Hi AK, I guess this withdrawal regarding top-up money and its interest is causing a lot of confusion. This is due to the frequent changes in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

5 Reasons Why You Can’t Get a Mortgage Loan and How to Fix Them
Discovered on 9 Jan 2017 at 8:39 am
By Property Soul (guest contributor) A blog reader shared with me that he had put down a deposit to buy a property for investment. When he applied for a housing loan, to his big surprise, the bank told him that he couldn’t pass the TDSR (Total Debt Servicing Ratio) test. “I thought I was financially […]

Non-Landed Residential Resale Property Transactions for the Week of December 27 – December 30
Discovered on 9 Jan 2017 at 8:29 am
Singapore Property Weekly Issue 293 now out
Discovered on 9 Jan 2017 at 8:24 am
In this week’s issue: 5 Reasons Why You Can’t Get a Mortgage Loan and How to Fix Them Resale Property Transactions (December 27 – December 30) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 293 by Propwise.sg on Scribd

Average income workers have a choice to be rich!
Discovered on 9 Jan 2017 at 4:10 am
I went out to lunch with my mom before sending her to the hospital. I went to a supermarket nearby to buy some chocolate which was on special offer before going to a bank to enjoy a cup of tea while waiting for her to call when she was done. I... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Singapore REIT Price / NAV Range Chart Jan-2017
Discovered on 8 Jan 2017 at 1:37 am
Original post from http://mystocksinvesting.com Singapore REIT Price / NAV Range Chart base on  2 Jan-2017 Singapore REIT Table. Singapore REIT Fundamental Analysis Comparison Table – 2 January 2017 Safe hunting if you know how to use it to shortlist your … Continue reading →

Weekly Inter Market Analysis Jan 8-2017
Discovered on 7 Jan 2017 at 11:31 pm
See previous week Weekly Inter Market Analysis. Original post from http://mystocksinvesting.com SPY (SPDR S&P500 ETF) Profit taking after SPY reached the all time high of 227.75 entering into 2017.  SPY immediately rebounded after a small retracement back to 223 support. A healthy retracement … Continue reading →

Do online contribution to Medisave and get $88 Ang Bao.
Discovered on 7 Jan 2017 at 11:14 pm
The Basic Healthcare Sum (BHS) which was known as the Medisave Contribution Ceiling (MCC) in the past has been raised from $49,800 to $52,000 in 2017. This means that we can voluntarily contribute $2,200 now. Of course, for those who are gainfully... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Bought UUP and URA
Discovered on 7 Jan 2017 at 6:19 pm
On the 4th & 5th Jan, bought 1507 units of the Global X Uranium ETF (URA), for total cost of USD 20611.24 (average price USD 13.67).  Thats the maximum I'm willing to risk, given operating leverage involved, and the fact that that the uranium price could be low for years.Bought UUP (US Dollar Index ETF) on December 5th 2016.  800 units at USD 25.97, for a total cost of 20,781.59.  This fund replicates being long USD against other developed countries' currencies, mostly the Euro (Click on 'Por...

Mr. Lee Kuan Yew said China could become pushy.
Discovered on 7 Jan 2017 at 1:19 am
"I don't want to sound apocalyptic but I don't see Taiwan as being able to resist the pull of the mainland. There will come a time when the 7th fleet cannot intervene." Mr. Lee Kuan Yew. A long time ago in ancient China, there was a big village... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

AK showing off his CPF-OA and MA (2017).
Discovered on 6 Jan 2017 at 5:41 am
I thought that only my CPF-SA numbers garnered a following but it seems that my CPF-OA numbers have a following too. So, I agreed to share more of my CPF numbers here. Latest CPF numbers, OA, SA and MA: If we add all the three accounts... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

AK showing off his CPF-SA numbers again?
Discovered on 4 Jan 2017 at 9:38 pm
(4 things you need to know about your new CPF statement.) I hope my blog has not caused too much trouble for the authorities. Just like my passive income numbers, my CPF-SA numbers seem to have garnered a following as readers reminded me on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Another undervalued investment of mine is no more?
Discovered on 4 Jan 2017 at 2:36 am
(How much is a company worth if it ceased operation today?) Today, a reader sent this to me: Hi AK, is this related to AAReit... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Uranium
Discovered on 3 Jan 2017 at 6:29 am
IntroductionThe price of uranium has been going down forever.  For 5 years, since the 2011 Fukushima disaster.  Or for 10 years on a longer term chart:Source: CamecoAlthough uranium use has been falling since 2011, 60 new reactors are now under construction, mostly in Asia:Source: IAEA.  See World Nuclear Association for an updated & detailed table.This is a 13% increase in the current 450 operational reactors.  The bull case for uranium is that an overreaction to Fukushima and the multi year...

Power to become financially stronger is within us.
Discovered on 3 Jan 2017 at 6:29 am
Although there were not many comments in my blog when I asked if I should continue talking to myself in 2017, I received many emails and also messages in FB. They are all positive (so far). I am particularly touched by a couple of emails. First,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Portfolio Update December 2016
Discovered on 3 Jan 2017 at 1:01 am
The month of December 2016 was not very eventful in the financial market. US Fed finally raised the interest rate for a second time in December, but the rate hike was largely expected and did not create big market swing. Trading volume in SGX was thin as many traders were on holiday. STI closed at 2880.76 on 30 December, dropped 23.26 points, or 0.8% for the month. My portfolio performed "badly" compared with the index. Its value dropped 1.32% in December. Quite a few counters including REITs...

Non-Landed Residential Resale Property Transactions for the Week of December 12 – December 23
Discovered on 2 Jan 2017 at 11:08 am
Mr. Propwise’s 2017 Singapore Property Market Outlook
Discovered on 2 Jan 2017 at 10:52 am
By Mr. Propwise It’s that time of the year where I take a look back at what’s happened over the past twelve months, then try and say something intelligent about the future direction of the property market over the next year. But this year I’m particularly apprehensive, as 2016 was the year where the majority […]

Singapore Property Weekly Issue 292 now out
Discovered on 2 Jan 2017 at 10:50 am
In this week’s issue: Mr. Propwise’s 2017 Singapore Property Market Outlook Resale Property Transactions (December 12 – December 23) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 292 by Propwise.sg on Scribd

Simple investment wisdom keeps us afloat.
Discovered on 2 Jan 2017 at 12:13 am
I found out my friend is a TV star! What AK thinks of the LRIS:"Since I treat my CPF savings as a risk free and volatility free component (i.e. AAA rated sovereign bond) of my investment portfolio, I am unlikely to take part in the proposed... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Singapore REIT Fundamental Analysis Comparison Table – 2 January 2017
Discovered on 1 Jan 2017 at 10:49 pm
FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreases from 722.05 to 709.49 (-1.74%) compare to last post on Singapore REIT Fundamental Comparison Table on Dec 5, 2016. The index is trading below the 200D SMA.  Take note that the 200D SMA is no … Continue reading →

STAR WARS AND FINANCIAL FREEDOM IN 2017!
Discovered on 1 Jan 2017 at 1:20 am
A reader made a droll statement on FB and I decided to share some quotations from my favourite Science Fiction movie on the first day of 2017: Related post #1. There are many who do not believe in delayed gratification and the power it has to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Weekly Inter Market Analysis Dec 31-2016
Discovered on 31 Dec 2016 at 8:42 am
See previous week Weekly Inter Market Analysis. Original post from http://mystocksinvesting.com   SPY (SPDR S&P500 ETF) Profit taking after SPY reached the all time high of 227.75 entering into 2017.  A healthy retracement is needed for SPY to move higher. Take note that … Continue reading →

My Investment Portfolio (December 2016)
Discovered on 31 Dec 2016 at 2:58 am
STI ended the year pretty much the same as the start of the new year, with a late rally towards the end of the year in the 4th quarter after the US Presidential election helping it. For December, it was pretty much a quiet month as usual with not much news flow and trading activities. This was expected as most investors were on their year end holidays and fund managers closing their portfolios for the year.For this month, I have attended the following AGMs/EGMs/briefings - Natural Coo...

2016 full year passive income from non-REITs (Part 2).
Discovered on 31 Dec 2016 at 1:50 am
UPDATE (20 Jan 17): When I shared my full year results for non-REITs last year, I wondered if Religare Health Trust (RHT) might be privatised. Then, with Accordia Golf Trust's (AGT) sponsor being bought over by Korean investors, MBK, many asked what... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

2016 full year passive income from non-REITs (Part 1).
Discovered on 30 Dec 2016 at 3:27 am
During an "Evening with AK and friends", someone asked if I was going to sell my stocks as market guru Hu Li Yang was expecting a stock market crash. I said we should stay invested as the market was still awashed in liquidity and money will go to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Moving into 2017 after the Federal Reserve Rate Hike
Discovered on 29 Dec 2016 at 11:02 pm
Marcus TJ Federal Reserve Rate Hike  The Federal Reserve recently announced that they were hiking up the price of target federal funds by a quarter of a point from 0.5% to 0.75% in a move that had been long expected … Continue reading →

$500,000 stuck in a bad commercial space investment!
Discovered on 29 Dec 2016 at 6:28 am
Added (21 Jan 17): It is an increasingly common sight these days in the heartlands: Spanking new mixed-use developments with rows and rows of empty shop spaces plastered with posters and banners screaming “For Rent” or “For Sale”. From Kensington... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Global Stock Market Indices PE Ratio At a Glance (26 Dec 2016)
Discovered on 25 Dec 2016 at 10:21 pm
US: Dow Jones Industrial, S&P500, NASDAQ, Russell 2000 Europe: FTSE100, CAC40, DAX Asia: KLCI, STI, HangSeng, ASX200, CSI 300, JCI, SET, KOSPI, NIKKEI 225, SENSEX, TWSE, NZX50, PSEi Best Performer: Japan Nikkei 225 up for 8.13% with PE Ratio of 23.36. Worst Perfomer: Philippines … Continue reading →

Company Warrants Expiring in 2017 - Actions Needed
Discovered on 23 Dec 2016 at 2:10 am
I need to remind myself all the outstanding company warrants that are expiring in 2017 in my portfolio which I will need to take action. I will update this list accordingly as I go along so that I won't forget about them.PSL W170422, Expiry Date: 22 Apr 2017, Exercise price = $3.40, Conversion ratio 1:1 - Warrants not yet exercised.TIH W170519, Expiry Date: 19 May 2017, Exercise price = $2.28, Conversion ratio 1:1 -Warrants not yet exercised.TEE INTL W170526, Expiry Date: 26 May 2017, Exercis...

Non-Landed Residential Resale Property Transactions for the Week of December 5 – December 9
Discovered on 19 Dec 2016 at 9:53 am
POSB eSAVINGS Account
Discovered on 11 Dec 2016 at 10:30 am
POSB eSAVINGS Account Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore savings accounts

Portfolio Update 30 Nov 2016
Discovered on 4 Dec 2016 at 9:51 pm
I have to apologise for the late update to my portfolio. I was not in Singapore last week and was unable to do so. Anyway, the biggest news and surprise in November must have been the US election result. Donald Trump's victory caused big swings in the global financial market. But market eventually came to term with the new US president-elect, and recovered the initial loss. STI recovered from the initial loss and went into a small rally towards the end of November. On 30 November, STI closed ...

DBS EXPATRIATE eAUTOSAVE PLUS
Discovered on 4 Dec 2016 at 10:30 am
DBS EXPATRIATE eAUTOSAVE PLUS Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore savings

DBS REMIX eSAVINGS PLUS Account
Discovered on 30 Nov 2016 at 10:30 am
DBS REMIX eSAVINGS PLUS Account Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore savings

My Investment Portfolio (November 2016)
Discovered on 30 Nov 2016 at 6:51 am
STI surprised many investors this month by closing up 90 plus points at 2904, despite Mr Trump's surprise win in the US presidential election. It had been a very volatile month in terms of stock market action, with news flow coming in thick and fast before, during and after the US presidential election.For this month, I have attended the following AGMs/EGMs/briefings - Delfi, AA Group, Khong Guan, Vicplas and TTJ.For my top 30 holdings, it had been quite volatile too. B...

LLoyds Bank
Discovered on 26 Nov 2016 at 8:18 am
A quick look at Lloyds, the largest bank in the UK.The only two UK-listed banks serving the UK market are Lloyds and RBS.  Both went under in 2008 and had to accept government bailouts - pages 3 and 4 here give a brief history.  They are slowly mending, though still making large provisions to pay for past misdeeds.  Lloyds is the stronger of the two.Market ShareThe UK banking market is highly concentrated for savings, less so for mortgages:For savings accounts: A UK government report states "...

Bought OCBC
Discovered on 25 Nov 2016 at 6:22 am
Bought 3,400 shares of OCBC @ SGD 8.74 on 23rd Nov 2016.  Total cost SGD 29,887.70.  Thats a a TTM PE of 9.6 (or 11, excluding "Trading Income"), and a yield of 4.1%.I'm buying bank stocks cause I'm holding lots of cash, and they're still reasonably cheap, after 7 years of ZIRP.  Which looks like its ending now.  But they could still get cheaper if theres a recession or crisis.I am still more than three-quarters in cash:

POSB SAYE Account
Discovered on 20 Nov 2016 at 10:30 am
POSB SAYE account Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. Get additional 2% p.a. interest in

Company Warrants Expiring in 2016 - Actions Needed
Discovered on 19 Nov 2016 at 1:38 am
I need to remind myself all the outstanding company warrants that are expiring in 2016 in my portfolio which I will need to take action. I will update this list accordingly as I go along so that I won't forget about them.WE HLDGS W160318, Expiry Date: 18 Mar 2016, Exercise price = $0.03, Conversion ratio 1:1 - Warrants expired worthless.NTEGRATORW160603, Expiry Date: 3 Jun 2016, Exercise price = $ 0.014, Conversion ratio 1:1 - Warrants e...

Singapore Banks and Rising Rates
Discovered on 17 Nov 2016 at 6:36 am
If US rates go up, how much will Singapore banks benefit?SIBOR tends to follow the fed funds rate:And the banks' Net Interest Margins (NIM) roughly follow it:Its hard to tell, because the correlation is not direct, and there is probably a lag.  I'll assume that NIM goes back up to 2%, which is about halfway back to the highest level, and roughly what it was in 2010.  If this happens, I estimate that all three banks would increase their earnings by 15-20%.

US Drug Wholesalers
Discovered on 15 Nov 2016 at 2:44 am
IntroductionPart 1: The GoodDrug wholesalers handle the logistics of buying, warehousing and transporting drugs from manufacturers to retailers.  Three companies: McKesson (MCK), Cardinal Health (CAH) and AmerisourceBergen (ABC), form an oligopoly with an estimated 90% of the US market.Its a low margin business where you make money on turnover.  Operating margins average around 2%.  All three companies are profitable, generate free cashflow, and have low debt1.  As expected in a business like...

Bought UOB
Discovered on 15 Nov 2016 at 2:32 am
Bought 1500 shares of UOB at SGD 18.81 on Friday 11th Nov, total cost SGD 28,378.03.  Thats a TTM PE of 9.8 (or 12.5 if we exclude "Trading Income"), and a trailing yield of 3.7% (excluding their special "80th Anniversary" dividend).Singapore banking stocks are quite cheap.  One reason is because of seven years of falling interest rates.  After Trump won and gained control over two houses, the market narrative is that US inflation and US interest rates will go up.  Bonds jumped on the news: A...

OCBC Bonus Savings Account
Discovered on 13 Nov 2016 at 10:30 am
OCBC Bonus Savings Account Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore savings

Sold Seaspan
Discovered on 7 Nov 2016 at 6:21 pm
Sold Seaspan at USD 9.57 yesterday.  The stock was still falling in a rising market.  The market is now valuing the common shares as though the dividend will be cut, possible eliminated.  Loss of USD 5311.62 (incl. dividend).The shipping sector is still interesting, and I'll look at Maersk or Seaspan again later for a cyclical recovery.  But its a long way off.When I'm so far underwater on a position, better to sell and realise the loss first.  It helps me to clear my head when thinking about...

UOB Steady Saver Promotion
Discovered on 6 Nov 2016 at 10:30 am
UOB Steady Saver Promotion Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore savings

Portfolio Update October 2016
Discovered on 31 Oct 2016 at 9:47 pm
Market continue to move side way and slide down in October. Poor corporate earning results in third quarter, bad manufacturing data and gloomy outlook weigh on the sentiment. Coming US election and continue weakness in Chinese economy also mean uncertainty for stock market. STI closed at 2,813.17 when market closed on 31 October, down 55.6, or 1.94% from last month. My portfolio performed below the index. It's value dropped 2.09% in this month. YTD STI is down 2.39%. My stock portfolio (net o...

BOC SmartSaver Account
Discovered on 31 Oct 2016 at 11:30 am
BOC SmartSaver Account Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore savings

My Investment Portfolio (October 2016)
Discovered on 31 Oct 2016 at 7:52 am
STI closed this month lower at around 2813 points. The drop in oil price and US presidential election are the main reasons for the weakness. Investors are adopting a waiting game before the result of the election in November.For this month, I have attended the following AGMs/EGMs/briefings - Spindex, Sin Ghee Huat, Karin, Chuan Hup, Noel Gifts, Wing Tai, K1 Ventures, Lum Chang, Micro-Mechanics, Rickmers and Lion AsiaPac.For my top 30 holdings, not much changes as most st...

航運業打「韓」顫- 謝志堅《老謝看世界》
Discovered on 24 Oct 2016 at 6:07 am
DBS Multiplier Savings Account
Discovered on 23 Oct 2016 at 11:30 am
DBS Multiplier savings account Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. The DBS Multiplier

Maybank SaveUp Account
Discovered on 16 Oct 2016 at 11:30 am
Maybank SaveUp Account Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore savings accounts

馬雲看台灣 肺腑之言 顛覆!
Discovered on 14 Oct 2016 at 7:55 pm
Standard Chartered Bonus saver account
Discovered on 9 Oct 2016 at 11:30 am
Standard Chartered Bonus saver account Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore

Portfolio Update 30 September 2016
Discovered on 2 Oct 2016 at 9:25 pm
September was a "boring" month for Singapore investors. The market traded range bound the whole month. The gloomy outlook on Singapore economy seems to weigh on investors' sentiment. Fed's decision not to raise interest this month, and some good news from oil producing countries to reduce production to support oil price gave some boost to the market but not much. STI rose steadily in quiet market. As at 30 September, STI closed at  2,869.47, up 48.88 points or 1.73% from a month ago. My portf...

Singapore Banks: Part 4: Returns and Valuations
Discovered on 1 Oct 2016 at 8:23 am
ReturnsSo far we've been looking at different aspects of the business separately.  All these parts operate together to generate a return.  How do we measure the returns generated?The most common measure is ROE:This doesn't account for differing leverage that different banks may have, so its used in conjunction with ROA:ROA doesn't take into account the quality of assets.  To do this, we would look at Returns over Risk-Weighted-Assets:Finally, we can use Revenue over Risk-Weighted-Assets, for ...

Citi MaxiGain Savings Account
Discovered on 30 Sep 2016 at 11:30 am
Citi MaxiGain Savings Account We present Citi MaxiGain savings account rates today in October 2016 for your information. Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings

My Investment Portfolio (September 2016)
Discovered on 30 Sep 2016 at 7:36 am
STI closed this month higher at around 2869 points.It could have been much better if not for the concerns on Deutsche Bank's financial health towards the end of the month. The expectation of only one more interest rate hike in US this year and also prospects of higher oil price due to Opec's consensus on oil production output cut are the positives for this month.For this month, I have attended the following AGMs/EGMs/briefings - IFS Capital, SGX, Tee International, GMG Global and SMRT...

Singapore Banks: Part 3: Deposits
Discovered on 30 Sep 2016 at 6:59 am
DepositsA low-cost deposit base is a competitive advantage for a bank.  If the cost of a bank's deposits - both interest and non-interest costs - is less than the AAA corporate bond yield for example, then they could simply buy the bonds and get free money off the spread.This article gives an example of working through a bank's numbers to determine its cost of deposits.  Unfortunately, we can't do this for Singapore banks because:30-40% of their income is non-interest income, and we can't rea...

Singapore Banks: Part 2: Losses and Leverage
Discovered on 28 Sep 2016 at 9:18 am
LossesAllowances and write offs are a normal part of doing business for a bank.  Even for a successful one.  Write-offs are during a downturn are the biggest source of losses: from when people stop paying their loans or the securities held drop in value...permanently.Over the long term, these can be measured by the allowances made for bad debt and investments.  General Allowances are made when loans are taken out, with the expectation that some will turn bad.  Specific Allowances are for indi...

Singapore Banks: Part 1
Discovered on 25 Sep 2016 at 8:37 am
IntroductionI'm looking at he local Singapore banks, as some are trading below book value and at single digit PEs, due to fallout from the local O&G industry and fears of a China slowdown.I've always avoided banking and finance companies due to their performance in the 2008 crisis.  Basically I had the idea that they are all black boxes, stuffed full of derivatives, bad loans and 3-letter acronyms, who would report rising profits for years, before one-day turning around and writing them all o...

Bought Singapore Savings Bonds
Discovered on 25 Sep 2016 at 8:35 am
Bought 50K of SSBs in July, held in my CDP acct, bought from UOB bank acct. Security code: SBAUG16 GX16080S

CPFIS - My Personal Investing Experience
Discovered on 18 Sep 2016 at 5:11 am
Recently, DPM Tharman had said that a review will be done on the CPF Investment Scheme (CPFIS). Bascially, what he said is that most investors made losses and earned less than 2.5% investing under the scheme, thus calling the CPFIS “not fit for purpose”. He said that the government will work to “tighten up on it [while moving] towards introducing a simple, aggregated, low-cost investment option".I must admit that it is difficult to invest successfully under CPFIS in its current form. But it...

Tan Sri Tony Fernandes- Power Talks August Edition
Discovered on 11 Sep 2016 at 7:12 pm
My Investment Portfolio (August 2016)
Discovered on 31 Aug 2016 at 7:47 am
STI closed lower this month at around 2820 points. Market had been relatively quiet this month with most companies announcing results that were at or below expectations. The strong US dollar and weak crude oil prices had dampened buying interest further. Of course, we also have the concern on Zika virus and its impact on travel to S'pore.For this month, I have attended the following AGMs/EGMs/briefings - Transcorp and Vibrant Group. For my top 30 holdings, Best World was...

Portfolio Update 31 August 2016
Discovered on 31 Aug 2016 at 5:04 am
Overall, August has been a quiet month in equity market. The world's attention was drawn to Rio Olympic games. The corporate earnings in Singapore were not impressive, Fed Chief Ms Yellen's hawkish speech on possible rate hike in September, news on Zika virus discovered in Singapore all weighed on market sentiment. STI was in negative territory most of the month. The Straits times index closed today at 2,820.59, downed 48.10 points, or 1.68% from last month. My portfolio did slightly better t...

Outlook & Reasons To Trade Gold
Discovered on 24 Aug 2016 at 6:47 am
Journey as a Full-time Investor - 5 Years On
Discovered on 9 Aug 2016 at 6:23 am
Dear readers,How time flies! It had been 5 years since I left my last full-time employment, surviving only on my investment return and some income from this blog via advertisements. It is certainly tough to be unemployed in an expensive city like Singapore, but I did not regret my decision to be a full-time investor. A decision I still stick by to this date.These 5 years had its difficult days, just like any job. With no CPF contribution, no monthly salary, no medical leave/benefits, no annua...

5% Returns From Safest Savings Account
Discovered on 31 Jul 2016 at 11:30 am
5% Returns From Safest Savings Account Yes, that's right. Get 5% return when you put money into this savings account in Singapore. Perfectly legitimate. Extremely safe. Lowest risk of default. How? Read on ... Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond

My Investment Portfolio (July 2016)
Discovered on 31 Jul 2016 at 7:05 am
The Swiber fallout and an underwhelming Japan stimulus were reasons for market weakness towards the end of the month. Otherwise, STI ended the month slightly higher than last month at 2868 points. Stocks in the oil and gas sector were badly sold down as investors begin to assess the damage due to exposure to Swiber. Banks were also under pressure given their lending exposure to the sector.Unfortunately, I have to admit that I have some exposure to Swiber and some stocks in the oil and gas sec...

Portfolio Update 30 July 2016
Discovered on 29 Jul 2016 at 10:05 pm
In most part of the month July, STI was in positive territory compared to last month. It seemed like market has come to term with Brexit, and the US stock price hit record high this month. Then came the shocking news that Swiber is winding up, followed by the disappointing announcement from BOJ. These sent the share prices in Singapore falling in the last few days of the month, and STI was back to negative YTD.Yesterday, STI closed at 2868.69, up 27.76 points, or 0.98% from last month. My por...

Seaspan (NYSE:SSW)
Discovered on 29 Jul 2016 at 8:56 pm
Seaspan is a REIT-like company that leases out container ships.  Its business model is simple: borrow money, use it to buy ships which are leased out, and pay the difference between the lease payments and the operating/finance costs as dividends.  The key story here is that long lease periods on the majority of their fleet should allow them to ride out the next few years downturn.Income Statement and Dividend paymentsA quick look at its 2015 income statement shows what we'd expect - the bigge...

Bought Seaspan (NYSE:SSW)
Discovered on 29 Jul 2016 at 8:55 pm
Bought 1315 shares of Seaspan (NYSE:SSW) at USD 15.20 on 27th July 2016.  Total Cost is USD 19,987.09.This is a cyclical play.  It pays almost a 10% dividend while we wait for the container shipping industry to recover.  I may be 1 or 2 years too early.For Singapore residents, dividends are reduced by 30% due to withholding tax.

The Container Shipping Industry
Discovered on 29 Jul 2016 at 4:49 pm
Although markets in general are high, several industries are in cyclical downturns.  May be worthwhile to look for value in them.  Container shipping is one.Container Shipping CyclesThis industry has many players, and all  are price takers. Its a typical cyclical industry.  A chart of charter rates for container ships:Source: Harper peterson & CoThe above chart is for a combination of vessel types.  Current prices of for individual vessel types are here.The usual cycle is that, when rates are...

POSB 2.08% Savings Promotion 2016
Discovered on 24 Jul 2016 at 11:30 am
POSB 2.08% Savings Promotion 2016 How is it possible to get 2.08% interest return through putting money into a savings account in POSB. There is a way. Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps

SBI Singapore Kid Savers Account
Discovered on 17 Jul 2016 at 11:30 am
SBI Singapore Kid Savers Account Singapore Savings Account Rates blogspot dot com shares SBI Singapore Kid Savers Account details in 2016 Singapore. Team members at Singapore Savings Account Rates are motivated to help you earn more interest income from savings accounts, savings bonds and other fixed income investments in 2016. SBI Singapore Kid Savers Account: Balance Tiers (SGD) | Total

Tax Treatment of Investment Income from Deposits
Discovered on 10 Jul 2016 at 11:30 am
Tax Treatment of Investment Income from Deposits We share information on the tax treatment of investment income from deposits in Singapore today. Basically, the question today is "Do you have to pay tax on investment income from savings deposit, fixed eposits, bond investments, Singapore savings bonds and other similar fixed investments in Singapore? Singapore Savings Account Rates blogspot

Sold Genel Energy
Discovered on 10 Jul 2016 at 9:34 am
Sold on 29th June for SGD 4054.  Total loss was SGD 15,339.Oil was above $50, close to the $50-60 price where shale producers can ramp up production again.  So use this chance to sell the losers.The lesson here is not to buy stocks in a downtrend.  Especially for companies where: 1) you have little visibility into their business, 2) are small caps and 3) may go to zero.  The simplest lessons are the easiest to forget.

胡立陽: 英脫歐黑天鵝成定局 歐盟嚴防骨牌效應
Discovered on 4 Jul 2016 at 5:34 pm
胡立陽 : 英脫歐夢魘成真 恐掀金融風暴序幕
Discovered on 4 Jul 2016 at 5:31 pm
2% Interest From Savings Account
Discovered on 3 Jul 2016 at 11:30 am
2% Interest From Savings Account Which Singapore savings account offers 2% per annum interest on money kept in a savings account in Singapore? Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn

Portfolio Update 30 June 2016
Discovered on 30 Jun 2016 at 4:23 am
The biggest news that affects the global financial market this month is surely the outcome of the British referendum to leave EU. Global equity market lost 2 Trillion USD on last Friday alone. However, after 2 days of sell down, the market began to recover. As at today STI recovered the loss from last Friday. Well, if only we can make sense of the market....I believe that the effect of Brexit is not over, but will unfold slowly in the next few months. Objectively I don't think it will lead to...

My Investment Portfolio (June 2016)
Discovered on 30 Jun 2016 at 3:32 am
Brexit. The only word to describe market activities for this month. The volatile day to day movements presented opportunities for traders and investors alike. Whether its Brexit correction, post-Brexit rally etc, markets had been irrational at times. As long term investors, we should instead focus on the fundamentals of the companies that we are investing in, rather than being affected by short term market noises. Surprisingly, despite a volatile month, STI ended higher than last month at 284...

State Bank of India Singapore Basic Savings Account
Discovered on 26 Jun 2016 at 11:30 am
State Bank of India Singapore Basic Savings Account Singapore Savings Account Rates blogspot dot com is the online presence where we share the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Team members at Singapore Savings Account Rates are motivated to help you earn more interest income from savings accounts, savings bonds

HSBC Singapore Fixed Deposit
Discovered on 19 Jun 2016 at 11:30 am
HSBC Singapore Fixed Deposit Singapore Savings Account Rates blogspot dot com presents HSBC Singapore Fixed Deposit details in 2016. HSBC Singapore Fixed Deposit Rates: 3 6 9 12 Mth Mth Mth Mth S$5,000 to S$49,999 = 0.10% 0.15% 0.20% 0.25% 2016 Singapore savings accounts rates are quoted for personal use only. Always check interest rates with the respective banks and/or fixed income

Trend Following: Part 2
Discovered on 18 Jun 2016 at 9:04 pm
TLDR: I could not find a worthwhile systematic trend following fund to buy into, as I don't live in the US.I don't have enough capital to do-it-myself and diversify among many markets, so I looked to buy into a fund.Past PerformanceWhat type of returns can you get?Use the SG Trend Index (previously the NewEdge Trend Index) to benchmark trend-following funds' performance.  It's a simple index, rebalanced and reconstituted at the start of each year, currently consisting of the ten largest manag...

Top Glove -Tan Sri Lim Wee Chai - PowerTalks June Edition
Discovered on 16 Jun 2016 at 6:13 am
Frasers Logistics and Industrial Trust IPO launched at $0.89
Discovered on 13 Jun 2016 at 10:49 am
Frasers Logistics and Industrial Trust is pricing its IPO at the top of range of S$0.89.Translates to a dividend yield of 6.8% (forecast period of 4 months till 30 September) or 7.3% full year to 30 September 2017.80 million units up for grab for the public.The S$903 million IPO is the largest IPO since 2013's Asian Pay Television Trust.Market cap will be S$1.27 billion.Portfolio to comprise 51 industrial properties in Australia valued at $1.6billion.Public offer closes at noon Thursday. Trad...

1.45% p.a. Fixed Deposit Promotion
Discovered on 12 Jun 2016 at 11:30 am
1.45% p.a. Fixed Deposit Promotion Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore

Noble - Timeline of Recent Events
Discovered on 12 Jun 2016 at 9:16 am
Recent timeline of events for Noble in the past 2 weeks.30 May 2016 - CEO of Noble steps down.2 June 2016 - Founder and Chairman of Noble Group, Richard Elman to step down in next 12 months. Announces US$500 million rights issue (1 for 1).6 June 2016 - OCBC Investment Research ceases coverage of the stock.8 June 2016 - Bloomberg reports based on uncited sources that another executive ( Gareth Griffiths , Global Head Power and Gas trading) leaving the group.

Otto Marine Privatisation Offer at $0.32
Discovered on 10 Jun 2016 at 10:29 am
Otto Marine's share price rose after its controlling shareholder, Mr Yaw Chee Siew, offered to buy out shareholders at 32 cents. This represents quite a huge premium before the trading halt was closed.Otto Marine's share price closed at 31.5 cents today. Lowest trade was at 31 cents.There is still some risk that this might not go through as delisting is still subject to holders of the multi-currency notes agreeing to certain conditions.The voluntary listing values the company at $68 million. ...

Indian Bank Singapore Fixed Deposits
Discovered on 5 Jun 2016 at 11:30 am
Indian Bank Singapore Fixed Deposits Singapore Savings Account Rates blogspot dot com is the online presence where we share Indian Bank Singapore Fixed Deposits in Singapore. Team members at Singapore Savings Account Rates present details of Indian Bank Singapore Fixed Deposits in 2016. 2016 Indian Bank Singapore Fixed Deposits rates are quoted for personal use only. Always check interest

1.94% p.a. Bond Interest Income
Discovered on 3 Jun 2016 at 11:30 am
1.94% p.a. Bond Interest Income Find out the latest bond interest income of 1.95% from this bond investment available to Singaporeans in Singapore. Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you

My Investment Portfolio (May 2016)
Discovered on 31 May 2016 at 10:38 pm
The rally near the end of the month was halted during the afternoon session of the last trading day of the month. Otherwise, STI had difficulty breaking 2800 points to close the month just short of that level. It had been a quiet trading month with focus mainly on the US interest rate hike.  For this month, I have attended the following AGMs/EGMs/briefings - Lantrovision, Delfi (formerly known as Petra Foods), Plato Capital, Camsing Healthcare, Weiye and Low Keng Huat.For my t...

RHB Junior Banker Rates
Discovered on 31 May 2016 at 11:30 am
RHB Junior Banker Rates Singapore Savings Account Rates blogspot dot com is the online presence where we share RHB Junior Banker rates 2016 in Singapore's banking scene. 2016 RHB Junior Banker rates are quoted for personal use only. Always check interest rates with the respective banks and/or fixed income investment companies before you invest your money. RHB Junior Banker Rates: Amount |

Portfolio Update - 31 May 2016
Discovered on 31 May 2016 at 4:50 am
Market seemed to be directionless in May. Fear of global economy slowdown and the speculation of US hiking the interest rate continue to affect the market sentiment. Corporate results in Singapore were not very good, so the ST index moved south. STI closed today at 2791.06, dropped 47.46, or 1.67% from last month. My portfolio did slightly better than the index, its value dropped by 1.31% this month. This month, I bought some SingPost share again, when its price dipped. I also received shares...

Indian Bank Singapore Branch Deposit Rates
Discovered on 29 May 2016 at 11:30 am
Indian Bank Singapore Branch Deposit Rates Singapore Savings Account Rates blogspot dot com shares Indian Bank Singapore Branch deposit rates in Singapore. Team members at Singapore Savings Account Rates are motivated to help you earn more interest income from Indian Bank Singapore Branch deposit rates in 2016. Indian Bank Singapore Branch Deposit Rates: Currency 1 Month 3 Months 6

Hyflux 6% p.a. Perpetual Capital Securities
Discovered on 28 May 2016 at 10:05 pm
HYFLUX 6% P.A. PERPETUAL CAPITAL SECURITIES RETAIL OFFERING Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. HYFLUX 6% P.A. PERPETUAL CAPITAL SECURITIES RETAIL OFFERING - Size of offer of up to S$300 million with option to upsize offer to S$

Golden 55 Plus Interest Rates
Discovered on 22 May 2016 at 11:30 am
Golden 55 Plus Interest Rates Singapore Savings Account Rates blogspot dot com is the online presence where we share the best, the latest and the most up-to-date 2016 Singapore Golden 55 Plus Interest Rates from Hong Leong Finance Singapore. Team members at Singapore Savings Account Rates are motivated to help you earn more interest income from savings accounts, savings bonds and other fixed

OCBC first quarter results - Net Profit at S$856 million
Discovered on 30 Apr 2016 at 7:22 pm
OCBC Bank reported its first quarter results.  In summary:Revenue dropped 2% to $2.06 billionNet Interest Income rose 5% to $1.31 billionNet Profit dropped 14% to $856 million.Total non-performing loans ratio rose to 1% from 0.9% last quarter.NAV was $8.20 (increase by 5.1%)Earnings per share was 82.2 cents (down 17.6%)OCBC Bank share price closed down at $8.77 (drop of $0.13).Is OCBC a bargain at this price? Personally, I prefer DBS which is trading at a slight discount to its book value. Co...

My Investment Portfolio (April 2016)
Discovered on 30 Apr 2016 at 4:41 am
STI ended the month at around the same level as last month, though it had been weak towards the end of the month. Otherwise, it had been an uneventful month with not much movements in most of the major stocks in the index.For this month, I have attended the following AGMs/EGMs/briefings - AV Jennings, Biosensors, CEI, CapitaLand Retail China Trust, CapitaLand Mall Trust, CapitaLand Commercial Trust, CapitaLand, SembCorp Industries, Sarine Tech, NOL, UOI, Yeo Hiap Seng, GK Goh, Combine...

Portfolio Update - 29 April 2016
Discovered on 29 Apr 2016 at 4:30 am
The stock market went yoyo this month. Towards middle of the month, STI rallied more than 100 points, but soon loss steam. Negative corporate earning news from US and BOJ's decision not to hand out further stimulation caused the market to trade lower. At the end of the month, STI returned to where it started a month ago. STI closed today at 2,838.52, down 2.38 points, or 0.08% from last month. My portfolio performs slightly better. Its value rose 0.89% from end of March, net of fresh fund inj...

胡立陽: 掌握財富重分配
Discovered on 28 Apr 2016 at 9:07 am
Trend Following: Part One
Discovered on 21 Apr 2016 at 8:34 am
What is it?"The core idea of Trend Following is extremely simple...Wait for momentum to build in one direction and get on the bandwagon.  Expect to lose about two thirds of the time and so make sure your winners can pay for your losers and leave enough over to cover the rent." (Clenow)In other words, buy after prices start moving up, sell after they start moving down:The rules used are simple, for example:moving average crossovers above, channel breakouts, "buy when the price has spent 5 days...

Tan Sri Dr Jeffrey Cheah | Power Talks
Discovered on 20 Apr 2016 at 9:05 am
My Investment Portfolio (March 2016)
Discovered on 31 Mar 2016 at 9:28 pm
STI ended the month at around 2840 points, regaining much of the lost ground from the loss early this year but still ended the quarter down as compared to the start of the year. Still, it is the best performing month this year after the January market crash. Markets were helped by news that the US Fed would not hike interest rate so soon.For this month, I have attended the following AGMs/EGMs/briefings - Saizen REIT, Del Monte, 8Telecom, Envictus, Techcomp and Mermaid.For my to...

Portfolio Update - 31 March 2016
Discovered on 31 Mar 2016 at 4:29 am
March has been a relatively good month for investors. Global equity continue to recover from the fall earlier of the year. Attentions are still on if Fed will to hike the rate 4 times or 2 times in this year; as well as the development in Chinese market. e.g. the dovish speed from the Fed chief boosted the market yesterday.STI continue to recover this month. On 18 March it even turn positive for the first time in the year. Unfortunately the momentum could not maintain. As at today, the index ...

SHS HOLDINGS W191216
Discovered on 18 Mar 2016 at 12:44 am
For those holding the above company warrant, maybe it is time to consider converting them to shares. The record date for their upcoming dividend entitlement is as follows:SHS HOLDINGS LTD. - 12 May 2016, 5pm. Final dividend 0.32cts per share, Special dividend 3.68cts per share.Though the warrant expires on 16 DEC 2019, there seem to be no time value in it as it currently trades at around 7.6cts, with an exercise price of 20cts. Adding the exercise price to its current market price, it is stil...

CapitaLand Commercial Trust (CCT) distribution history
Discovered on 14 Mar 2016 at 9:24 am
Just thought that this might be useful reference for those looking for CapitaLand Commercial Trust (CCT) distribution history.CCT distribution history

Saizen Reit - Delisting
Discovered on 11 Mar 2016 at 12:14 am
I have some Saizen Reit in my portfolio. Today the counter goes XD and the value dropped from $1.10 to $0.077. I will be receiving a dividend of $0.0283 per share on 29/3 and a capital return of $1.056 on 28/3.For recording purpose, I will record only the 0.0283 as dividend received on 29/3. I will record a "sell" transaction today on Saizen Reit at the price of $1.055 today, and thereafter the shares will have a cost of S$0.01 per share. Hence there will be a negative cash injection to the p...

CapitaLand Commercial Trust to be added to Straits Times Index
Discovered on 9 Mar 2016 at 8:06 am
The Straits Times Index or what is referred to as STI has 30 companies that form its constituents. FTSE Russell has announced that Capitaland Commercial Trust will take over the place of Noble Group which will drop out of the list. The changes will be taking effect on the start of business of 21 March 2016.The 5 companies on the STI reserve list: Suntec Reit, NOL, First Resources, Singapore Post and Keppel Reit. These companies stand the chance to replace any firm in the STI that is subsequen...

Knowing my willingness and ability to take risk
Discovered on 7 Mar 2016 at 6:53 am
In finance world, willingness and ability to take risk belong to 2 different concepts. Willingness to take risk refers to one’s character, education, investment experience, culture and even religion. For instance, many colleagues around me are high income earners. However, they only invest in time deposits as they are either conservative, have poor experience in investment or simply cannot invest due to religious constrains. They are unwilling to take risk for mainly emotional reasons. On the...

何启斌博士 - 现在并非98, 也不是08
Discovered on 6 Mar 2016 at 1:19 am
My Investment Portfolio (February 2016)
Discovered on 29 Feb 2016 at 6:35 am
STI ended the month at around 2666 points, a little bit better than last month but confidence is still weak. Markets had been digesting the full year results for companies with financial year ending December 2015. Overall, it had been mostly a weak set of numbers especially for companies in the Oil & Gas sector. Companies had also painted a cautious outlook but I guess the market might have discounted most of these bad news.For this month, I have attended the following AGMs/EGMs/briefi...

Portfolio Update - 29 February 2016
Discovered on 29 Feb 2016 at 3:48 am
Global equity market continued its volatility into February from last month. The same problems - China slowdown, low oil price continued in February. Then came Lunar New Year. Oil price and equity market seems to recover a little after the new year holiday. STI also started to recover after hitting a low of 2550 level on 4 Feb. STI ended today in positive territory compared to last month. As at today, it stood at 2,666.51, up 37.40 points, or 1.42% from end January. My portfolio performed sli...

悲观看法大集合——股市是会有多惨?
Discovered on 19 Feb 2016 at 8:33 pm
CPF Life Plan - Choose Your Option Carefully
Discovered on 18 Feb 2016 at 7:54 pm
Shortly when Uncle Sanye turned 55, I received a letter from CPF Board with a form attached to choose my CPF Life option - Standard or Basic Plan.  Sanye knew that Basic Plan means one receives less monthly payout after reaching 65 and will leave more bequest to family and Standard Plan means the other way round. Without going into details and trusting that the 2 plans will somehow be quite "fair", I chose the standard plan, because I believe that by the time Uncle and Auntie Sanye leave the ...

胡立陽:最麻煩一年來了
Discovered on 18 Feb 2016 at 5:46 am
曾淵滄-股市资讯专栏 12.02.2016 -->时局充满挑战,主力买蓝筹股
Discovered on 12 Feb 2016 at 5:57 am
曾淵滄-股市资讯专栏 29.01.2016 -->我们是否正处于真正的熊市?
Discovered on 1 Feb 2016 at 1:42 am
Portfolio Update - 29 January 2016
Discovered on 30 Jan 2016 at 8:49 am
The equity market got on to a very volatile start in Jan 2016. Economics slowdown in China and falling oil price (to below 30USD) sent the global stock prices into a tailspin. On some day there were even panic selling from investors. STI plunged right from the start of the month. It dropped more than 12% before recovered slightly. Not even today's rally can recover the loss. As at today, STI closed at 2,629.11, dropped 253.62 points, or 8.80% compared to end of last month. My portfolio value ...

My Investment Portfolio (January 2016)
Discovered on 30 Jan 2016 at 8:39 am
STI ended the month at around 2629 points, continuing its downward movement from last month. Again, fears of China's economy hard landing and low oil prices were the major concerns. Investors sold down stocks across the board, making stock picking a difficult task in this market.For this month, I have attended the following AGMs/EGMs/briefings - Transcorp, Frasers Commercial Trust, Frasers Centrepoint Trust, Envictus, Noble and F&N.For my top 30 holdings, Jardine C&C moved bac...

Singtel
Discovered on 30 Jan 2016 at 6:55 am
A quick look at Singtel.  I like them because their revenues are recurring, and they are in a markets which are a natural oligopoly.  Was attracted by their high margins - in 2015 operating margins from Singapore and Australia (after tax) were 21% - high for any industry and surprising for a utility or "dump pipe".  The stock price has dropped recently.  Based on their earnings/cashflows, at what price would I buy?SegmentsSingtel is a holding company.  FY 2015 EBIDTA (ending March 2015) is br...

胡立陽 : 道瓊跌不休..「轉空3訊號」已現?
Discovered on 20 Jan 2016 at 6:21 am
全球航運陷冰河期 ?
Discovered on 16 Jan 2016 at 1:14 am
曾淵滄-股市资讯专栏 15.01.2016 -->市场恐慌宜保守行事,不宜趁低吸纳
Discovered on 15 Jan 2016 at 6:17 am
THE 5 STOCK RATIOS YOU NEED TO MINIMISE YOUR INVESTMENT LOSSES
Discovered on 11 Jan 2016 at 4:44 pm
Malaysia 2016 Investment Themes
Discovered on 5 Jan 2016 at 4:44 pm
Investment Strategy for 2016
Discovered on 4 Jan 2016 at 12:03 am
2016 is expected to be another tough year for investors, according to most analysts out there. With most bad news out there and expected lower corporate earnings for most S'pore listed companies plus lower GDP growth in S'pore, I do agree that it will be another rough year for investors. We have already endured a roller-coaster ride last year but be prepared to tighten your seat belts for another tough ride this year. As usual, stock picking becomes a crucial factor in this kind of market, an...

My Investment Portfolio (December 2015)
Discovered on 31 Dec 2015 at 10:25 pm
STI ended the year at around 2882 points, above last month but down 14% for the year. STI had the "honour" of being the worst performing South East Asia market index for the year. For the month of December, there is not much activity as most investors were on holiday. For this month, I have attended the following AGMs/EGMs/briefings - SPH, LippoMalls Trust, Ezra, Kencana, Fortune REIT, First REIT and Second Chance Properties.For my top 30 holdings, Sarine Technologies was again...

Portfolio Update - 31 December 2015
Discovered on 31 Dec 2015 at 8:24 pm
December has been a relatively quiet month in equity market. US Fed finally made the first step to hike the interest rate to 0.25%, officially ending the long era of cheap money. The hike was not excessive and the market took it as a confirmation of US economics recovery. Global stock market rallied the next day after the Fed's announcement. STI rose moderately in quiet trading sessions, as there lacks positive news from the corporate world. At 5:10pm  today, STI stood at 2,882.73, up 26.79 p...

2016經濟把脈:令吉·馬股 何時才回升?(松大資本高級顧問顏敏樹)
Discovered on 28 Dec 2015 at 5:15 pm
Review/Reflections for 2015
Discovered on 27 Dec 2015 at 11:12 pm
I think most investors would agree with me that 2015 is a bad year for equity investors. The year started well and in April, STI was well above 3400 points. Unfortunately, a series of bad news including China market correction, Greek crisis, US rate hike, slump in oil prices, devaluation in regional currencies etc had contributed to a weaker performance in subsequent months and STI is expected to close well below 3000 points as we approach the end of the year.I have stay invested in the marke...

2016投資大翻轉 專訪亞洲投資教父-胡立陽
Discovered on 17 Dec 2015 at 7:28 pm
美升息利空出盡? 胡立陽:溫水煮青蛙
Discovered on 17 Dec 2015 at 5:15 am
油比水便宜 原物料血流成河?57金錢爆-2015-12-09
Discovered on 13 Dec 2015 at 4:33 pm
Rickmers Marine
Discovered on 30 Nov 2015 at 7:24 am
Rickmers MarineA REIT-like structure, holding and leasing 16 panamax container vessels (3400-5000 TEUs). Their fleet is new: all but one vessel was built in 2007 or later, and they have a 25-30 year lifespan.Rickmers stock price has plunged after it suspended dividends, due to lower revenue from declining rates.  How much of this is already built into the share price?First off, Rickmers has a loan covenant waiver that they need to extend, due end of this year.  If they can't, all bets are off...

My Investment Portfolio (November 2015)
Discovered on 30 Nov 2015 at 5:46 am
STI ended the month at around 2850 points, losing much more than the lost ground gained last month. Markets continued to be weak, with the likely US rate hike plus weakness in China market due to investigation in the country's largest brokerages. Also in S'pore, expected weaker growth and lower corporate profits plus MAS warning on risks for local lenders doesn't help market sentiments.For this month, I have attended the following AGMs/EGMs/briefings - Albedo, Petra Food, Sunright, Vi...

Portfolio Update - 30 November 2015
Discovered on 30 Nov 2015 at 3:46 am
The market recovery in October proved to be short lived. Looming US rate hike and Slowdown of Chinese economy determined the market sentiment and the stock prices moved south this month. Other negative factors included terror attack in Paris, lacklustre corporate earning results, China probe in the brokerage firms, etc. STI closed today at 2,855.94 for the month of November, dropped 142.41, or 4.75% compared with last month. My portfolio, though performed better than the index, saw its value ...

專訪亞洲投資教父-胡立陽 -佈局新投資方向
Discovered on 20 Nov 2015 at 8:01 am
Company Warrants Expiring in 2015 - Actions Needed
Discovered on 10 Nov 2015 at 1:07 am
I need to remind myself all the outstanding company warrants that are expiring in 2015 in my portfolio which I will need to take action. I will update this list accordingly as I go along so that I won't forget about them.METECH INW150627, Expiry Date: 27 Jun 2015, Exercise price = $0.02, Conversion ratio 1:1 - Warrants expired worthless.WE HOLDINGS LTD W150805, Expiry Date: 8 Aug 2015, Exercise price = $ 0.003, Conversion ratio 1:1 - Warr...

馬新高鐵料2018年初動工‧費用高達650億
Discovered on 6 Nov 2015 at 1:31 am
YuuZoo Corp granted gaming licence in Nigeria
Discovered on 3 Nov 2015 at 9:38 am
YuuZoo Corp's subsidiary, YuuZoo Gaming, has been granted a full gaming licence to provide lotto services in Nigeria's Edo state. Lotto is a game of chance where people pick numbers to match those drawn. Nigeria is Africa's largest market with a population expected to reach 184 million.YuuZoo CEO James Sundram sees games and gaming as key revenue generators. He expects to leverage the popularity of gaming in Nigeria to acquire new active users and monetize them through Lotto, e-commerce, adve...

My Investment Portfolio (October 2015)
Discovered on 31 Oct 2015 at 9:44 pm
STI ended the month just below 3000 points, recovering some of the lost ground from last month. However, mood in the market is still cautious, mainly due to worries over impending US Fed interest rate hike.For this month, I have attended the following AGMs/EGMs/briefings - Transcorp, GuocoLeisure, Singapura Finance, PCI, Chuan Hup, China Yuanbang, Lion AsiaPac, Parkson Retail Asia, Lasseters and K1 Ventures.For my top 30 holdings, Sarine Technologies was again a big mover, but th...

Portfolio Update - 30 October 2015
Discovered on 30 Oct 2015 at 4:41 am
After a few months of volatility and southwards movement, I was glad to find STI recovered to above 2,900 points when I came back from my China (Xinjiang) trip. In fact the market looked rather good in October, and STI moved above 3,000 points. China's interest rate cutting and Europe's QE measure supported the stock prices. Singapore companies reported a mix results of the past quarters, but REIT's do generally quite well. Just as I thought that market should be on it's way up, US Fed's hint...

Investing in Stocks is like a game...
Discovered on 28 Oct 2015 at 11:50 pm
Investing in stock market is like a game, you win some, and loss some. Just yesterday, I blogged about an announcement from HTL caused the stock price to surge almost 100% within a day. This morning, another announcement from Lippo that they may move two REIT's, namely First REIT and Lippomall Indonesia Retail Trust to Indonesia cause the price of these two counters to tumble. To rewind back a few days, an announcement from Saizen REIT that they received an offer for their assets caused its p...

HTL International - Share price jumped 97% in one day
Discovered on 28 Oct 2015 at 4:40 am
HTL has been one of my "boring" counters for many years. The share price has been quite stagnant, even on a declining trend. I keep it for it still pay dividend every year (except this year), and the NAV has stayed steady so far. Few days ago the trading was halt. Today the company made and announcement that they have signed an MOU with a company from Shenzhen on "business transaction that will unlock shareholders' value" and lifted the trading halt.When the market closed this evening HTL sha...

Rolls Royce: Aircraft and Engine retirements
Discovered on 19 Oct 2015 at 9:39 am
Roll's recent profit warning was due to the transition from old engines to new one.  Old planes are being retired, reducing maintenance income, while Rolls is still waiting to ramp up production in new engines.I need to get some idea of the numbers of aircraft being retired in the future.  Is there more to come?First, lets look out the different aircraft models based on range and payload:Ignore Narrow body aircraft at the bottom left, which are irrelevant to Rolls.Jumbos, in the top right, ar...

Bought Rolls Royce
Discovered on 19 Oct 2015 at 9:23 am
Bought another 2073 RYCEY ADRs, at $10.4255.  Total cost USD 21,621.Thats priced at roughly 13X earnings.  Rare to find inexpensive blue chips in year 6 of a bull market.  Now I have a full position in this counter.Now around 85% in cash.

Bought USD
Discovered on 5 Oct 2015 at 9:15 am
In late 2011, I sold my Perth property and converted the money to SGD, because:Commodity booms are cyclical, and we were 9 years into one.The property's price had risen 4 times in 14 years, (non-mining) wages had only risen 50-100%.I was expecting a recession.The last didn't happen, and I was 2 years early, but the decision proved correct:Today I converted a significant amount of SGD to USD.  This decision is a lot less certain.Holding SGD is a little bit of a risk (not a lot), as its lumped ...

My Investment Portfolio (September 2015)
Discovered on 30 Sep 2015 at 8:00 am
STI ended the month with 4.7% loss to close at 2790 points. The usual concerns had been there in the market, plus China showing signs of sharper slowdown. The S'pore election results had not improved market confidence and the uncertain Fed decision on when to hike interest rate doesn't help matters.For this month, I have attended the following AGMs/EGMs/briefings - CapitaMall Trust, CM Pacific, SGX and Lian Beng.For my top 30 holdings, Sarine Technologies had recovered well after...

Portfolio Update - 22 September 2015
Discovered on 22 Sep 2015 at 4:46 am
I normally update my portfolio at the end of the month. However, I will be going for my holiday in towards the end of September and will be back only on 7 October. So I decide to update my portfolio earlier this month. Market continue to be nominated by China slowdown story. Now it seems that China market volatility and Yuan devaluation is pulling down everyone, even the Fed decided to postpone the rate hike. Singapore market continue to be volatile and trend downwards. No even the great PAP ...

GE2015 - My own analysis on Opposition's Loss
Discovered on 17 Sep 2015 at 4:24 am
GE 2015 is finally over, with PAP winning close to 70% of the votes, getting back Punggol East SMC, and reducing PW's winning margins in Aljunied GRC. Many prominent people have given their opinion on why the PAP had this landslide win. Here is my own 2 cents worth on why the opposition did not do well this time. First of all, opposition parties' strategic goal and action plan did not tally. Right from the beginning it was clear that the opposition parties did not aim to take over the governm...

Topping Up My Retirement Account
Discovered on 16 Sep 2015 at 5:08 am
I have passed the age of 55, and according to CPF rules, I cannot top up my Special Account, besides the monthly contribution from my employer. Yet because the government has raised the limit of minimum sum, CPF Board allows me to top up my retirement account, either by cash or transfer from money in OA. Cash top up enjoys tax rebate (limited to $7,000 per year). Since I am still gainfully employed and pay quite a bit of income tax, I made a cash top up today to my retirement account. Since t...

My Investment Portfolio (August 2015)
Discovered on 1 Sep 2015 at 1:38 am
STI ended the month below 3000 points to close at 2921. More bad news in the market as China's shock move to devalue the yuan and worries about its slower economic growth, recent terror attack in Thailand, mass protests in Malaysia, Fed rate hike decision and also devaluation in regional currencies. The sell-down in the markets had been global, and it has been another bad month for investors. On a personal note, this month had been the most difficult market for me since I become a full-time i...

Portfolio Update - 31 August 2015
Discovered on 31 Aug 2015 at 4:37 am
August has been a bad month for share investors. Weakness in Chinese economy growth caused the Chinese stock market to slump. Of course the extreme volatility of Chinese stock market was also caused by the over-leveraging of the investors which has pushed the share prices to an insane height previously. The crash of Chinese stock market in turn affected the other markets, Singapore included. On 24 August (which incidentally is my birthday), STI dropped 127 points on a single day! Many thought...

Scrips Dividend Scheme
Discovered on 12 Aug 2015 at 9:23 pm
Many high yield shares and trust (esp. REITs) offer scrip dividend scheme to the shareholders, i.e. shareholders can opt to receive shares instead of cash for their dividend. The advantage of the scheme is that shareholders can buy additional unit without paying commissions. The disadvantage is that he will have odd lot which is not easy to liquidate. To encourage shareholders to opt for scrip, companies will normally offer a small price discount to the shareholders.I have been subscribing to...

Terminating Life Policies
Discovered on 2 Aug 2015 at 4:36 am
I held a few life protection policies from various insurance companies, which I bought more than 25 years ago. At that time, I was convinced that I needed the policies as I just started working and was supporting my parents financially. If anything should happen to me, at least I would leave a sum of money for my parents. After I got married, I thought these policies would be good to protect my young family. More than 20 years have gone by since then. With the passing of my parents, and gradu...

Understanding the Blackrock Group Multi-Asset Income Fund
Discovered on 13 Jun 2015 at 8:34 am
Andy Warwick explains the tactical allocation of the Blackrock Group Multi-Asset Income Fund.

Modest Gain in my Unit Trust Portfolio
Discovered on 12 Apr 2015 at 7:36 am
I seldom keep track of my Unit Trust portfolio as I have spent extensive time to construct it at the onset. It is engineered to pay monthly dividends as a form of consistent profit taking and ideally, the $600k portfolio should be paying 5% dividends and having 0% growth. It was constructed with a balance portfolio in mind, diversified between equities and fixed income; invested across different currencies, geographies and having negative correlation with different asset classes such as US tr...

SIA plans to buy stake in South Korea's Jeju Air
Discovered on 17 Mar 2015 at 12:29 am
It was reported that SIA is in discussions to buy an equity stake in South Korea's low-cost carrier Jeju Air. The announcements were made on 18 March though it was also stated that this might not necessarily lead to any transactions.Jeju Air has a market capitalization of less than 1 billion Singapore dollars. As of writing, SIA was trading at $11.95.The SIA Group currently comprises of SIA, Silkair, Scoot and Tiger Air.

Good bye textbooks..
Discovered on 28 Jan 2015 at 6:49 am
Today my maid was clearing my room and asked whether she could (finally) clear my unwanted texts, files and notes I have not touched for years. I gladly agreed. I used to have the habit of keeping ALL my textbooks religiously for fear that I may need them if I ever meet an unsolvable problem at work. My belief was shattered as over the past decade, nothing of such happened. No wonder I do not see any plumber or air con technician bringing along their work manual to my home! The notes and text...

SBC predictions: Elections will be this year 2015 (2H), BEAR market after.
Discovered on 16 Jan 2015 at 7:14 am
In my course of work, I am rewarded directly how accurate I read the future. If I get it right, clients make money and I am rewarded with trading fees.Often, I base my decision on a combination of logic, pattern observation and intuition. Sometimes the trend are extremely obvious, eg we should be buying USD or HKD ever since there are talks from the Fed to hike rates last year; we should have been (and still) borrow in Eur, in which the interest rates is below 1% and buying into higher yieldi...

My stocks portfolio - Dec 2014
Discovered on 9 Jan 2015 at 8:51 pm
My stocks portfolio - Nov 2014
Discovered on 9 Dec 2014 at 9:38 pm
Migrate to Australia
Discovered on 1 Dec 2014 at 9:41 am
Migrating to AustraliaAustralia is country of immigrants.  With large swathes of land, a friendly climate and generally low unemployment rates, Australia is one of the top destinations for many people in Asia who are looking for a place to migrate to.  Whether it is true or not, many people also think that Australia has a generally slower pace of life compared to their own countries.  The standard of living in the cities and the surrounding suburbs are also generally high though racism is not...

Last Stage of Bull Market?
Discovered on 30 Nov 2014 at 7:09 pm
As Sir John Templeton puts it so rightly: "Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria."Pessimism is born.After the global financial crisis of 2007-2008, stock markets plummeted and everybody got out of stocks.  People feared a great crash and cashed out.  The worst was feared.  Large financial institutions might have collapsed if not for the bailouts.  Everywhere was gloom and doom.  Nobody actually wanted to enter into stocks.  This would a...

Jim Rogers on Russia and China, Did Not Buy Alibaba, & Run For Your Lives
Discovered on 28 Nov 2014 at 7:04 pm
Malaysia Palm Oil Futures Rise - Hope for Golden Agri and Wilmar?
Discovered on 25 Nov 2014 at 8:31 am
Malaysian palm oil futures rose on 25 Nov 2014, moving away from the one-month low.  It closed at RM2,218 as compared to the 28 Oct low of RM2,187.  Palm oil output rose 2.4% between 1 Nov to 20 Nov compared with a month ago, lifted mainly by a 9% increase in yields in Sabah.  Oil palm is a big thing in Malaysia.Low palm oil prices have caused stocks like Golden Agri-Resources, Bumitama, First Resources, Wilmar, etc to drop in their share price over the past few month.  Export demand is expec...

What Scrooge McDuck can teach PAP ministers, TRE born losers etc
Discovered on 18 Nov 2014 at 2:05 pm
In the 60s and the 70s, I loved getting my hair cut once a month in the Arcade at Clifford Pier. One LKY had his hair there too but the reason why I loved going to the the barber was the comics the shop had. A particular favourite comic hero was Scrooge McDuck, the maternal uncle of […]

Ang mohs rioted meh? Not South Asians? Workers’ orms are multi-racial?
Discovered on 17 Nov 2014 at 3:14 pm
Racist joint-exercise at dormitory?  Khaw Boon Wan had said the exercise was to “test our response capability” so that when “quarrels erupt, leading to fights or worse” the police will know what to do. it was not that obvious that they knew what to do in Little India. Going by the KPKBing by people like […]

Reits and other high yielders fit narrative for the “New Neutral”
Discovered on 16 Nov 2014 at 11:58 pm
BOND KING’S MANTRA LIVES ON William H. Gross may have departed Pimco, but executives at the bond giant have embraced his view that a stagnating global economy will force central banks to keep interest rates low, Landon Thomas Jr. writes in DealBook. … Before he left the firm, Mr. Gross called his insight the “new […]

The Dark Side of vigilantism
Discovered on 16 Nov 2014 at 2:27 pm
My Facebook avater posted something on FB to the effect that “It waz vigilantism that won the Wild West. Without concerned, fed-up citizens taking action, the US wouldn’t have had the rule of law.” Of course, he was talking rubbish. It’s well documented that innocent people were killed by posses of outraged citizens because they […]

Meng Seng would be KPKBing if this happened here
Discovered on 15 Nov 2014 at 3:03 pm
Seriously, I doubt S’poreans would be so tolerant of the u/m. GG would go red in the face and GMS would call this a trespass on our sovereignty. Well at least we know that GMS’s sojourn in HK hasn’t made him as friendly to the Pinoys as the Hongkies he so admires. A COMMUNAL sit-in […]

Education, NS: Korea versus S’pore
Discovered on 14 Nov 2014 at 4:50 pm
Where got liddat here? Even rabid ant-PAP cyber warriors don’t describe such things happening here. The dark side of South Korea’s education model – Although South Korea is renowned for its education system, the consequences of its success should not be overlooked, writes Se-Woong Koo for the New York Times. “Dominated by Tiger Moms, cram […]

Latest US investment philosophy
Discovered on 14 Nov 2014 at 12:58 am
“Buy & hold” is history. “Trading” is in. Locals (before FTs took over SGX and made contra trading even more difficult) and Hongkies have been doing this since time immemorial. The new investors’ philosophy seems to be, rather than pay a financial adviser to let their stocks languish in a buy-and-hold paralysis as the market […]

PAP voter stops paying S&C charges to force out WP/ Oppo supporters shld imitate?
Discovered on 13 Nov 2014 at 2:16 pm
In response to this, the following was posted by someone who it seems voted for the PAP in Aljunied and who refuses to accept the election result and refuses to pay his S&C fees: I am an Aljunied resident living with my parents. Lately, due to some disagreements I had with the TC, I have […]

StanChart bosses apologise to shareholders
Discovered on 12 Nov 2014 at 11:48 pm
Top bosses at Standard Chartered admitted the bank’s performance had been disappointing as they announced plans to close 100 branches in a $400m (£250m) cost-cutting drive to win back support from disgruntled investors. The admission was made as the bank’s top management team began three days of presentations to investors, who have endured a 30% […]

LKY: Why liddat PAP?
Discovered on 12 Nov 2014 at 2:38 pm
I was sadden* when I saw the above. Was it necessary to take photos of LKY standing? When he had to be propped up in such an obvious matter. No-one should be treated like a prop, especially not LKY. There were ways to make sure he could have stood in dignity, if it was tot […]

My stocks portfolio - Oct 2014
Discovered on 2 Nov 2014 at 8:15 am
My stocks portfolio - Sep 2014
Discovered on 1 Oct 2014 at 12:47 am
Annuity plans are just a function of compounded interest benefits
Discovered on 2 Sep 2014 at 7:29 am
Today I read an annuity benefit illustration on a brochure:40 year old male contributes 24,200 yearly for 5 years. At age 65, he receives $2,000 per month (non-guaranteed) till 85 with a lump sum maturity of $72,000 (non-guaranteed). Hence the total potential return is $552,000.The insurer has a track record of meeting its projection. Hence for simplicity sake, let’s assume above are guaranteed returns.At the onset, it sounds extremely attractive to me. I can have an income to complement my C...

My stocks portfolio - Aug 2014
Discovered on 30 Aug 2014 at 10:25 pm
My stocks portfolio - Jul 2014
Discovered on 3 Aug 2014 at 1:09 am
My stocks portfolio - Jun 2014
Discovered on 2 Jul 2014 at 10:12 pm
My thoughts on CPF minimum sum, retirement and risk hedging
Discovered on 1 Jul 2014 at 9:30 pm
If you were to receive $155,000 and asked to stop working for 5 years, would you agree? How about stop working for 10 years?I have written articles on retirement and income investing long enough to know that one can never solely rely on CPF for retirement. The main reason is because majority of CPF savings are often used to fund your home purchase, the OA account usually has very little left to be set aside for retirement. Hence more often than not, the minimum sum is usually what is left aft...

4 in 10 Singaporeans Want to Retire at Age 55 ....but They Are Probably Not Saving Enough
Discovered on 18 Jun 2014 at 9:26 am
A 2014 Randstad Award survey released earlier this year indicated that almost 4 out of 10 Singaporean employees wanted to retire at age 55.  That is a full 10 years before the official retirement age of 65 in high cost Singapore.  This survey involved over 6,000 employees with ages ranging from 18 to 65.Is retiring at 55 realistic?It is not surprising that many had mixed reactions on how realistic this target is. In yet another survey by HSBC, 4 in 10 Singaporeans were found not to have set a...

My unit trust portfolio
Discovered on 7 Jun 2014 at 2:54 am
Throughout my investment journey I learned the importance of diversification and dividend investing. Diversification hedges against single stock/bonds mishap and over confidence in one company; dividend provides the psycological consolation of recurring income from my investments. Last year after much deliberation, I liquidated part of my stocks portfolio and purchased unit trust in order to diversify the systemic risk. I still hold a good number of blue chips like DBS, SGX CAMBRIDGE, OUE, Se...

My stocks portfolio - May 2014
Discovered on 3 Jun 2014 at 12:13 am
My stocks portfolio - Apr 2014
Discovered on 4 May 2014 at 6:20 am
My stocks portfolio - Mar 2014
Discovered on 1 Apr 2014 at 4:42 am
My stocks portfolio - Feb 2014
Discovered on 7 Mar 2014 at 8:51 pm
Newbie's IB Portfolio and New Bond Portfolio - End February 2014
Discovered on 1 Mar 2014 at 1:46 am
Newbie's IB Portfolio - Short Gold! OMG!!!!
Discovered on 26 Feb 2014 at 12:28 am
Ridiculous Initial Margins In IB For 2 Closed End Funds?
Discovered on 25 Feb 2014 at 12:02 am
Newbie's IB Portfolio - Interim February 2014
Discovered on 24 Feb 2014 at 7:38 pm
Newbie's IB Portfolio - Problems Encountered
Discovered on 20 Feb 2014 at 7:37 pm
Newbie's IB Portfolio - Inception
Discovered on 19 Feb 2014 at 8:26 pm
My stocks portfolio - Jan 2014
Discovered on 6 Feb 2014 at 9:25 pm
Research report on yield securities - SGX
Discovered on 3 Feb 2014 at 8:57 pm
Newbie's new bond portfolio performance - 2014 against Inception (31st December 2012)
Discovered on 31 Jan 2014 at 7:46 pm
My stocks portfolio - Dec 2013
Discovered on 1 Jan 2014 at 11:53 pm
My stocks portfolio - Nov 2013
Discovered on 8 Dec 2013 at 9:21 pm
My stocks portfolio - Oct 2013
Discovered on 3 Nov 2013 at 10:29 pm
My stocks portfolio - Sep 2013
Discovered on 5 Oct 2013 at 11:41 pm
Insights into Risk Management & Financial Markets: Do you think I am an idiot
Discovered on 21 Sep 2013 at 4:15 pm
Insights into Risk Management & Financial Markets: Do you think I am an idiot: 2013 is the year where markets is ‘played’ to the tune of QE and its noises. Not depression, inflation, growth, etc. My earlier post ...

Do you think I am a financial idiot?
Discovered on 21 Sep 2013 at 4:02 pm
2013 is the year where markets is ‘played’ to the tune of QE and its noises. Not depression, inflation, growth, etc. My earlier post on GFC, QE1 QE2 (QE3, QE infinity, QE finite) what’s next is the series of events on a blueprint of how financial markets is designed to trend. Why QE? Global (and US) QE were designed to lower long term interest rates with the objective of improving growth!

My stocks portfolio - Aug 2013
Discovered on 5 Sep 2013 at 10:14 pm
Good savings from SRS and CPF voluntary contribution
Discovered on 24 May 2013 at 8:14 pm
It is the time of the year to pay income tax. The company owners are happy to receive dividends instead of income as they are tax a maximum of 18% at corporate level. The income I receive from REITs and listed company has already been taxed at source. Hence, I do not benefit from the corporate tax structure. For ordinary middle income Singaporeans like you and me, we can contribute to SRS and CPF (special account) to save a little on tax.I have completed my last module last year for my postgr...

What happened to my Sembcorp put option trade I did in March?
Discovered on 7 May 2013 at 4:55 am
After entering the trade on my ELN for SCI, my initial outlay for 11,000 shares was 54,604.28. It was converted to shares, instead of just earning the option premium. Just after it went XD, I sold it at $5.02, settlement amount was $55,107.73. Hence capital gain was about $500. I am also entitled the $0.15 per share dividend, which works out to be $1650. Hence the total gain was $2,150. In percentage terms, my gain was 3.9% over 1 month. Given the current rising/range trading markets, I will ...

SPH CRASHED 5.65% IN ONE DAY
Discovered on 15 Apr 2013 at 4:41 am
Fortunately I closed my entire SPH position in one day when it reached $4.47. It is facing the stark fact that it is a sunset/declining industry, inching its demise towards paperless age. The REIT story was a nice opportunity to exit at a modest profit. Will it materialize? Perhaps not in the next 6 months. I have since reinvested the proceeds in unit trust, oil and gas, utilities sector and embarked on portfolio financing by pledging all my shares and unit trust to a bank. By end of May, I s...

F&N to be delisted?
Discovered on 4 Apr 2013 at 10:13 pm
Fraser and Neave (F&N) might not be delisted after all.  After controlling shareholder took over the company, there has been 2 senior appointments to the board of F&N.  The property and beverage conglomerate has appointed Koh Poh Tiong and former Singapore finance minister Richard Hu to the board.  Mr Koh Poh Tiong is a food and beverage veteran.These appointments have led to speculation that Mr Charoen who bought over F&N might be keen to keep F&N listed on the Singapore stock exchange.  Mr ...

Marco Polo Marine- A Buy
Discovered on 19 Mar 2013 at 7:30 pm
Marco Polo Marine (MPM) headquartered in Singapore is an investment holding company which was founded in 2006. Its primary business is to offer tug boats & barges to a diverse set of customers spanning from commodities, mining, infrastructure, construction, property development and land reclamation industries amongst others It also engages in transshipment services which could be defined as transportation of coal from the Indonesian mines to coal purchasers and from their transporting it to A...

Nam Cheong Limited - A Buy
Discovered on 18 Mar 2013 at 10:36 am
Nam Cheong Limited (NCL) is the largest Offshore Support Vessels (OSVs) shipbuilders in Malaysia. It is also one the largest regional players. Established four decades ago, NCL is headquartered in Kuala Lampur, Malaysia. Its prime focus is on building environment friendly & technologically advanced OSVs which are used in the exploration & production of offshore oil & gas.Currently, NCL has 37 vessels in October 2012, under its shipbuilding program which is due for completion by 2013.NCL’s glo...

Sold off all my SPH at $4.47!
Discovered on 13 Mar 2013 at 4:57 pm
I sold off my SPH at almost 5 years high of $4.47 pocketing a nice profit and the dividends since 2007. I received about 6% dividends every year while sitting of paper losses of between 100,000 to 10,000. It was a difficult period to hold on to such a stock with very limited upside. During the Lehman brother crisis, the generous dividends gave me strength to buy ARA, Fortune Reit, Parkway Life, Starhill Reit, Lippo Malls, Cambridge, OUE etc, while all these counters have gave me nice dividen...

3 Bedroom or 3 Bedroom Dual Key
Discovered on 9 Mar 2013 at 7:41 pm
The dual key unit costs $975,000, which is about $250,000 more than the unit I bought. I was struggling whether to spend that $250,000 for the unit for investment. However I decided against it, not due to affordability issue, but rather value principles. The dual key unit costs $250k more compared to 3BR, $300,000 more than a 2BR. Hence buyers are paying more than 1,000 psf for the 250 square feet studio. This costs the same as buying private condominium studios. If Topiary appreciates, likel...

Finally bought a property! (Part 3)
Discovered on 9 Mar 2013 at 5:58 am
Then, we chanced upon Topiary, which looked very far off on the Singapore Map near Sengkang, along Fernvale and Yio Chu Kang Road. It is not within 5 minutes to walk to Fernvale LRT. It is a good 15 minutes. We walked over to Greenwich, which has a cold storage and a number of nice restaurants. The nearest MRT was Buangkok 3km away, followed by Yio Chu Kang, a 10 minutes drive away. Clearly, the location was not the best. However, we noticed that new condo developments just across the road ...

Finally bought a property! (Part 2)
Discovered on 9 Mar 2013 at 3:47 am
Upon deciding to purchase Riversail, I brought my family members, fiancée, colleagues to view my chosen unit. They all feel it is a good buy, given current market situation. My fiancée who started work 6 years ago also said she could contribute some money for our future (be it for own stay or investment). All the better, then I will include her in the mortgagor as well. We did our sums and financing was extremely comfortable; she has about $70,000 CPF and $20,000 cash to contribute, I can cov...

Finally bought a property! (Part 1)
Discovered on 8 Mar 2013 at 3:43 pm
The next few posts will document my journey to search for a value property and the thinking process, dilemma I had during the hunt. The first property showroom I went was Riversail near upper Serangoon Cresent. It was a private condominium developed by Allgreen. The property was about 3KM from where I am staying. I like the property for several reasons. - Near to my current home. I am familiar with surroundings such as Hougang Mall, Buangkok, Compass point, Nex, Kovan heartland mall. - Next t...

ARA Asset Management - Good Business, Great Stock?
Discovered on 2 Mar 2013 at 6:55 am
ARA Asset Management is an Asian real estate fund management company that focuses on the management of public-listed real estate investment trusts (REITs).  ARA is listed on the Singapore Stock Exchange and is also an affiliate of Cheung Kong Group (whose chairman is currently Li Ka Shing).Company InfoARA was listed on SGX on 2 Nov 2007.  It manages various REITs that are listed on both the SGX as well as the HKSE and Malaysia Stock Exchange.  REITs that it manages includes Hui Xian REIT (HKS...

Global Premium Hotels - A Buy?
Discovered on 27 Feb 2013 at 11:34 pm
Global Premium Hotels (GPH) operates one of largest chain of budget hotels in Singapore. Its established track record and reputation of providing affordable accommodation has led to its "Fragrance" brand of hotels becoming well-established in the local and regional hospitality industry. Most of GPH’s assets and hotel operations are located in the city or city-fringe areas in Singapore.                                      Global Premium Hotels runs 23 hotels across the country out of which 22...

6.9M population? I don't believe...
Discovered on 10 Feb 2013 at 9:03 am
I do not follow a lot on the ranting of increasing our population to 6.9M. The existing infrastructure have their own constrains to be able to cope with another 1.5M of population. Look at our expressways. If we were to widen the roads, it will cut into temples, homes, pavements. Our main MRT stations are already near to maximum capacity. How much more can they transport? Our cars are already very expensive. Must cars be so expensive that it is only a privilege for the wealthy?   The fundamen...

A Visit To #1 Loft at Geylang
Discovered on 10 Feb 2013 at 2:13 am
Few days ago I passed by a condo showroom about 400M away from Mountbatten MRT. I was curious about the climate of sales in new launches and decided to pop in.  As usual, the actual location of the development was not at the showflat but about 1km away at Geylang Lorong 24.  Nice bed that matches with decorThere were only 2 prospective buyers in that afternoon (including me) in the showroom. The agent was very warm, telling me it is a 5 minute walk to Mountbatten MRT and Aljuned M...

Beware of BID and ASK Spread for Cars!
Discovered on 4 Feb 2013 at 6:36 am
Lately out of curiosity, I decided to check out the value of my 7 year old Japanese car. A search at sgcarmart revealed that the same make/model/year cars would have asking prices of between $20,000 to $25,000 depending on mileage and month of registration. I bought this car in 2006 for $46,000  (no loan) and the car has a residual value in 2016 of $6,000. This means the average depreciation over 10 years is $4,000 yearly, assuming a straight line depreciation accounting. However, if I can ...

How to measure your life?
Discovered on 25 Dec 2012 at 4:45 am
Clayton Christenson, retired professor of Harvard Business School spoke to a group of students about life. He applied his business theories on life and offered some good advices on how to live a good and satisfying life. Prof. Christensen argued that, when we measure our lives, we always mistaken short term tangible indicators such as social hierarchy and wealth as the true measure of a successful life. i.e living in a capitalist society, we are nurtured, so to speak, to measure our lives the...

Why having an investment philosophy is important
Discovered on 28 Nov 2012 at 8:00 am
If you are a reader of my blog, you probably have heard of Muddy Waters and OLAM. Let’s look at the 4 charts of OLAM, NOBLE, WILMAR, GOLDEN AGRI .   Poor performance relative to local STI. In fact if you look at commodities asset class as a whole, most of them are performing poorly, with the exception of physical gold and oil. Recall my post here in 2008 where I blogged about my investment philosophy. I wrote at one point on NOT investing in high volatile stocks and assets classes. “I do no...

Tough time ahead for Tiger Airways
Discovered on 8 Nov 2012 at 10:30 am
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Time to hold Neptune Orient Lines
Discovered on 4 Nov 2012 at 10:30 am
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Dynasty REIT IPO - Li Ka Shing linked to launch end October
Discovered on 14 Oct 2012 at 7:58 am
Backed by Hong Kong billionaire Li Ka Shing, Dynasty REIT will be the first yuan denominated REIT IPO to be launched in the Singapore stock market.  The IPO of Dynasty REIT will be the largest in Singapore this year, surpassing that of Far East Hospitality Trust that was just launched in August 2012.So far, the trust has secured two cornerstone investors: Credit Suisse AG and Amundi (a joint venture between Credit Agricole and SocGen).  Together, they have subscribed to 137.6 million units.  ...

Superior quality makes Ascott a favourite
Discovered on 26 Sep 2012 at 11:00 am
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First REIT - Healthcare REIT to Buy 2 New Properties
Discovered on 25 Sep 2012 at 10:08 am
Long have I held First REIT.  Bought and sold First REIT multiple times making a good profit.  Have also received multiple dividends from it.  While First REIT has usually traded around $0.78cents (at least base on my memory), it has now surged past $1.00 perhaps on news that they are about to acquire two new properties.First REIT has basically entered into a conditional sale and purchase agreements for the proposed acquisition of two new properties in Indonesia - comprising an integrated hos...

Steady progress for Palm Oil industry
Discovered on 23 Sep 2012 at 11:00 am
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How many hours did you spend in your car?
Discovered on 20 Sep 2012 at 7:01 am
My colleague was lamenting that cars used to be cheap to own and he regretted not buying earlier. I need to correct him, car ownership is never cheap in Singapore, especially if you use my calculation matrix. Ever since I started using a GPS to navigate directions, I noticed that I drive an average of 1km/min. If the journey is 15km, I usually take 15 minutes to reach the destination. Hence my average travelling speed works out to be 60km/h. This is largely consistent with the average speed o...

3 months from June low... Markets are up again!
Discovered on 18 Sep 2012 at 10:08 pm
In early June there was an opportunity to invest into the markets as markets looked bleak with eminent downside risks. This was an exact replication in April 2012 when markets have moved up swifty, with STI surpassing the 3,000 mark in April, before correcting to 2700 levels in June. Fast forward 3 months later, markets are again in euphoria and STI has rallied 12% (before dividends). If you look at fundsupermart GM’s portfolio, it has rallied about 10%( with dividends likely to be reinveste...

What is missing in your financial plan?
Discovered on 12 Jun 2012 at 8:00 am
A financial plan is an on-going process of fact finding, analyzing your current budget and financial goals to accomplish the final financial goal or a set of circumstances, e.g. elimination of debt, retirement preparedness, etc. If you have a sound financial plan, you could probably ignore the rest but please send me a bouquet if you find something that is 'of thought' in my post. Thanks in

Why financial markets are not going your trend?
Discovered on 8 Jun 2012 at 12:32 am
Financial markets are not predictable. Financial markets are not logical most of the times.Most would wonder why Asian equity markets plunge while US Dow rallied for a third day or US markets ended mixed. While ·         China’s ‘good news’ rate cut spooks market from MarketWatch ·         Bernanke Sees Easing Options While Not Specifying Them from Bloomberg ·         Spanish Banks Need $50


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