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:

2017 High Dividend List - 1H version!
Discovered on 10 Mar 2017 at 8:18 am
The annual high dividend list is here! This will be the first list for 2017 with a second list coming out closer to the end of the year so as to shorten the waiting time for these highly popular lists. Over the years (this is the 8th year), these lists had become an attraction of its own, drawing lots of traffic for the site. Although the rest of the stuff is actually pretty good! :)Final Fantasy, one of the most popular game series in the 1990s and 2000s might be an analogy that some readers...

March 2017
Discovered on 1 Mar 2017 at 6:50 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 →

February 2017
Discovered on 28 Feb 2017 at 7:15 am
  Results Announcement 3 Feb 17 : StarHub 3 Feb 17 : SIAEC 9 Feb 17 (AM) : SingTel 9 Feb 17 : SATS 9 Feb 17 : SBSTransit 10 Feb 17 : ComfortDelgro 10 Feb 17 : SingPost 14 … Continue reading →

Investing: Riding a Bicycle Up a Mountain in the Night
Discovered on 27 Feb 2017 at 6:18 pm
I have been thinking about yet another an apt analogy for investing and so far here's the best that I have come up with - investing is pretty much like riding a bicycle up a mountain in darkness. To further elaborate, it's also a mountain located in Finland where the signs are in Finnish and daylight won't come in a few months. Yet, we still have to climb up. The summit is waiting. How's that for encouragement huh?Ok, let's not get too discouraged. It's tough but not that tough. First you nee...

HLFin : Q416 Results
Discovered on 24 Feb 2017 at 5:42 am
Q416 Results

UOB : Q416 Results
Discovered on 16 Feb 2017 at 8:58 pm
Press Release Presentations Financials  

DBS : Q416 Results
Discovered on 15 Feb 2017 at 8:06 pm
Press Release Presentations Financials  

STEng : Q416 Results
Discovered on 15 Feb 2017 at 8:04 pm
Press Release + Financials  

Let's talk about Money and Gold too!
Discovered on 14 Feb 2017 at 6:48 am
A very Happy Valentine's Day to all!This is a continuation of the previous post.In the last post, we discussed asking some really fundamental questions about companies to see if they stood the test:1. Does the company help improve the well-being of its customers?2. Does the company add value fundamentally in ways that make all lives better?3. If the company did not exist, would the world cease to functional properly in some ways?These questions help us explore fundamental concepts that are re...

OCBC : Q416 Results
Discovered on 13 Feb 2017 at 8:20 pm
Press Release Financials  

SingPost : Q317 Results
Discovered on 10 Feb 2017 at 7:40 am
Press Release Presentations Financials  

ComfortDelgro : Q416 Results
Discovered on 10 Feb 2017 at 5:57 am
Press Release Presentations Financials  

SATS : Q317 Results
Discovered on 9 Feb 2017 at 4:01 am
Press Release Presentations Financials  

Happy CNY! Let's talk about Money!
Discovered on 31 Jan 2017 at 2:51 am
Wishing all readers a very happy Chinese New Year! Happy CNY, Huat Ah!Sapiens: A Brief History of Humankind by Yuval Noah Harari was a book published in 2014 that became a New York Times Bestseller and has been translated into 30 more languages. I have read the book twice and found it intriguing enough to discuss it here as some of the concepts were not just refreshing but relevant to investing. The author Harari cited that the inspiration for his book came from Guns, Germs and Steel by Jared...

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...

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...

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...

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...

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

Take that dream job and take on more risk?
Discovered on 23 Mar 2017 at 11:44 pm
This was my reply to a reader's email: Hi L, If you remember, I have a blog that says unless we are rich, be pragmatic, not romantic. Most of us have to work, exchanging our time and energy for pay. If we are not financially secure, then, we... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

How Investing In Foreign Property Destroyed My Family Wealth
Discovered on 23 Mar 2017 at 10:00 pm
When Heartland Boy applied for a role at a real estate developer after graduation, the hiring manager asked during the interview, “you graduated with a degree in Business Management, why do you want to work in the property sector?” Heartland Boy replied, “My experience with the real estate sector started when I was only very […]

Personal Update
Discovered on 23 Mar 2017 at 10:00 pm
There has been no article on Equity Management last week because I as getting into the deep end of the book which talks about selecting the right data and tracking errors, items which are dry even for a dedicated finance otaku like me. Instead, I hope to start talking about the Portfolio Management section of […]

Top Volume - Slow Day
Discovered on 23 Mar 2017 at 9:53 pm
Stocks are sluggish today. Most stocks ran just a little in the morning and simmer down now. The market looks forward for a big move to come which I am not sure what the direction is. I suggest we watch the market later for more clues but as of now, there seemed to be nothing at the moment.Eventbrite - Register for my stock calls eventRonald K - Market Psychologist - A Stock Market Opportunist

Farewell, ARA… What I learned from my very last meeting with ARA Asset Management
Discovered on 23 Mar 2017 at 9:14 pm
The Scheme Meeting of ARA Asset Management was concluded yesterday, 23 March 2017. A total of 1,056 shareholders and proxies attended the Scheme Meeting held at Suntec Singapore Convention Centre. 857 of them voted in favor for the Scheme of Arrangement to privatise ARA Asset Management at $1.78 per share. When the poll result was […]

$500K – Second Milestone Target Reached
Discovered on 23 Mar 2017 at 10:06 am
This is an important milestone for me to journal so I could look back in the few years to come to see where I am today. It’s importance means so much to me that I think it deserves an article of its own. The last time I hit my first milestone of $250k (Link Here) […]

Significant Expansion of Singapore’s Coal Mining Stocks
Discovered on 23 Mar 2017 at 8:51 am
The number & combined market cap of SGX listed stocks focused on thermal coal mining in Indonesia has grown fourfold over the past three years. Following Geo Energy’s listing in 2012, three RTOs have seen Resources Prima Group, BlackGold Natural Resources and Golden Energy and Resources list on SGX. Two of these four stocks – […]

Portfolio Update: Divesting KTT for 21% profits after 8 months
Discovered on 23 Mar 2017 at 8:50 am
I have divested my holdings in Keppel Telecommunications and Transportation (K11) at $1.85 per share to record a healthy 21.0% total profits. (prices include transactional costs) Divestment Thesis: This is a case whereby business fundamentals had deteriorated and I believe that $1.85 is a fair price for Keppel T&T for the current situation that it […]

Get 14% return on investment per annum.
Discovered on 23 Mar 2017 at 8:50 am
Reader: Hi AK, I am glad to chance upon your blog recently and is currentlu busy reading up on the various blog post which is quite informative. I recently came across a website which was featured in (a popular personal finance blog) which indicates returns of investment up to 14% through P2P lending to SMEs. I […]

KPO Analysis on Ascott Residence Trust (REIT) Rights Issue
Discovered on 23 Mar 2017 at 8:50 am
Ascott Residence Trust (REIT) announce 29 rights units for every 100 existing units at a discounted price of $0.919 per share few weeks back to raise gross proceeds of approximately S$442.7 million. If you do not know what is a rights issue, you can read about it here. It is one of the way the company […]

What’s the most difficut thing to Plan for our Retirement?
Discovered on 23 Mar 2017 at 7:45 am
No, its not your rate of investment returns. Nope, its not the rate of inflation that will eat into your rate of investment returns above. Or for that matter, what withdrawal rate to use? (Friend, its not that birth control technique) Ah… You almost got it if you say how to plan whether at 65 you’ll be still healthy to do […]

What are your numbers?
Discovered on 23 Mar 2017 at 4:46 am
Having just posted about our Sell transactions for Mar 2017, I just realised it’s about time to write about our Buy transactions for Mar 2017 as well. Just need to wait for our last automated POSB Invest-Saver investment into the ABF Singapore Bond Index Fund (A35 on SGX) to go through early next week before I […]

Broadway Ind - The Best Stock Today
Discovered on 23 Mar 2017 at 4:18 am
Traded Broadway Ind earlier today because it's the best stock today with a 24% return while Kimly had a huge fall instead. Avoided Kimly and managed to choose the right counter to trade because of some beautiful chart setup from the BBs. Congrats all!! Tomorrow, I will be playing another shinny stock and next Tuesday during my workshop, I will give out a stock to trade. Don't miss my stock calls event!http://stockmarketmindgames.blogspot.sg/2017/03/broadway-ind-some-buyers-bite.htmlhttp://sto...

My interview with Myself and Investopenly
Discovered on 23 Mar 2017 at 1:00 am
If you are keen to find out more about my financial background and details, click here to read the interview at Investopenly. I am grateful to Richard for publishing my invite even though I am not a financial but a lifestyle blogger. Anyway, for the more personal stuff, here is an interview I imagined for myself: Oh, […]

Broadway Ind - Trade Records, Made $
Discovered on 23 Mar 2017 at 12:13 am
So happy everyone made profits in Broadway Ind earlier. Thanks for all the record. I shall pick the next stock soon. Congrats all in making $$ within minutes!Eventbrite - Register for my stock calls eventRonald K - Market Psychologist - A Stock Market Opportunist

Broadway Ind - Some Buyers Bite
Discovered on 22 Mar 2017 at 11:10 pm
Some buyers just ate Broadway ind earlier with such a ferocious speed. The stock suddenly just shot up with high volume and some concentrated buyers. Looking at it now. Looks strong at the moment. See how it pans out later.Eventbrite - Register for my stock calls eventUpdate: 12.26pm, 23/3/2017Nothing to say, it moves to 0.153!! My student profited and made $$. Congrats!Eventbrite - Register for my stock calls eventRonald K - Market Psychologist - A Stock Market Opportunist

Geo Energy - Reaching 0.35
Discovered on 22 Mar 2017 at 9:17 pm
Geo Energy buyers looked strong. It's reaching towards the 0.35 price region I predicted on March 14 on the blog post below. Congrats to those who longed and made $.http://stockmarketmindgames.blogspot.sg/2017/03/geo-energy-concentrated-buyers.htmlEventbrite - Register for my stock calls eventRonald K - Market Psychologist - A Stock Market Opportunist

Top 30 Volume - Slow Opening
Discovered on 22 Mar 2017 at 8:18 pm
The Top 30 today is so slow. Stocks are opening without much movements except that few favorite like Alliance Mineral, Kimly, Noble, etc..The rest are like laggards and not moving. I may take a break and rest or I may see the market later. I am getting my assistant to watch Kimly closely.Eventbrite - Register for my stock calls eventRonald K - Market Psychologist - A Stock Market Opportunist

Singtel share price in supreme form
Discovered on 22 Mar 2017 at 7:00 pm
At a time when Starhub and M1 share prices were dropping like flies, Singtel share price is in supreme form. The corrections for Starhub and M1 shares were due to the announcement of the entry of the fourth telco player, TPG Telecom, which made the winning bid of $105 million for the licence in December […]

Personal Finance is Really Personal (CPF / Insurance/ Housing /Saving /Investing etc)
Discovered on 22 Mar 2017 at 7:00 pm
Personal finance is an interesting subject which is really“ Personal “ as there are many factors affecting a person or family’s finances – how much to keep as saving vs investing , to buy term or life insurance , to take up HDB loan or from private banks , to buy HBD or Condominium and of course the […]

You All Investment Bloggers Like to Make Investing Look So Easy (2)
Discovered on 22 Mar 2017 at 7:00 pm
Read? You All Investment Bloggers Like to Make Investing Look So Easy Avoiding those large losses that deplete our investing capital till recovery looks almost impossible is the key to the final outcome of long investing journey and strictly comply to this principle. 3 Ms – Method, Mind and Money Management! What did you actually see? What is that key to […]

1.1% saving account interest for up to $30K
Discovered on 22 Mar 2017 at 11:30 am
1.1% saving account interest for up to $30K We found this 1.1% saving account interest for up to $30K promotion from HL bank of Singapore recently. It is the HL bank iSaving account. This Promotion is from 13 February 2017 to 12 May 2017 and applicable to individuals only. There will be no issuance of passbook for this HL Bank iSaving Account. The Promotion is subject to change without

SGXcafe to Expand to APAC!
Discovered on 22 Mar 2017 at 9:05 am
After a round of voting and discussion with Friends of SGXcafe, I am happy to share that we have decided to support APAC markets in the upcoming expansion! I have already started work to include Hong Kong exchange data. You should start to see changes within this week. Supporting a brand new market is not […]

AA REIT, Soilbuild REIT and VIVA Industrial Trust.
Discovered on 22 Mar 2017 at 9:00 am
Reader: may I check with you about AIMS AMP. Its DPU for last 2 quarters have been dropping. But you seem very optimistic about it. Do you think things will get better? AK: Management is very important. There is little they can do about headwinds But you have to compare it against other industrial REITs and […]

KIMLY STOCK: WILL YOU BUY NOW?
Discovered on 22 Mar 2017 at 9:00 am
I was having my instant coffee as shared in my earlier post when I saw Kimly Group stock, as expected defied gravity and shot to an high of $0.55 from an IPO price of $0.25. At that instant, the coffee in my mouth also shot through too. Kimly Group stock finally closed a little lower […]

Today I Defeated an Insurance Agent. Can You?
Discovered on 22 Mar 2017 at 9:00 am
“Excuse Sir, can you help me do a survey? Only 3 questions” Sorry, I’m really urgent, I need to pee. “Oh okay Sir, nevermind then…” *sad, dejected face* When I came out of the toilet, he was still lingering around, so I went up and told him I’ll do his 3 question survey. “Ok, thanks! […]

Boustead Projects
Discovered on 22 Mar 2017 at 7:28 am
BP has 2 businesses:Design-and-Build: Undertake construction projects to design and build industrial properties for clients.  This is project based, so is lumpy.Leasing: Lease industrial properties to clients.  This is recurring.Breakdown of profit segments:Theses two ways of looking at this company: as an asset play (buying $1 for 50c), or as a cyclical play (buying near the bottom of the industrial property market).As an Asset PlayValuationBP holds its assets on the balance sheet at less th...

Kimly Group - Buyers Back!
Discovered on 22 Mar 2017 at 5:34 am
Kimly buyers were back today!! The stock turned even though it was a sluggish and down market. Yesterday was the turning point where I spotted and shared in my private forum. Today it was pretty slow in the morning when suddenly bulk of buyers came back and started to move the stock towards the 0.5 level. See my blog post yesterday.http://stockmarketmindgames.blogspot.sg/2017/03/kimly-group-whatsapping.htmlAlthough I am not active in the market today, still I am aware of what's heppening in t...

Stock Picks for April 2017
Discovered on 21 Mar 2017 at 11:25 pm
I will be looking at these few stocks for trading next week. Of course, I am not buying/selling now because the stocks have not turn yet but I will be watching for the turn closely so as to get in at the good timing. Hope to prosper another good one in April 2017!1. DBS2. Kepcorp3. Kimly4. GSS Energy5. SGXEventbrite - Register for my stock calls eventRonald K - Market Psychologist - A Stock Market Opportunist

DBS - My Wish Came True, Took Profits
Discovered on 21 Mar 2017 at 8:57 pm
DBS tanked and my birthday wish came true. I received too many thank you messages since yesterday. Most of them made thousands in just 1 contra day. The most important thing is we shorted yesterday before the Dow Jones tanked -238 points yesterday. Today DBS tanked and we locked in some short term profits first.http://stockmarketmindgames.blogspot.sg/2017/03/dow-jones-it-collapsed-last-evening-i.htmlEventbrite - Register for my stock calls eventIn fact, I gave a Whatsapp alert to all my SOMM on Monday to look out for shorting this counte...

Why Technical Analysis Won’t Work For You – You’re Doing It Wrong
Discovered on 21 Mar 2017 at 8:29 pm
So you think you can make money just by drawing some lines, recognising chart patterns and memorising candlestick patterns? Or you may think that Fundamental Analysis is too difficult. Reading and evaluating financial statements are too mind-boggling. Reading price charts would be much easier, so it should be easier to make money. You are in […]

Dow Jones - It Collapsed Last Evening, I Did The Right Thing
Discovered on 21 Mar 2017 at 6:50 pm
Last evening the Dow Jones collapsed. I believed I did the right thing where we shorted DBS first before the Dow started trading last evening @ 930pm. There was some celebration going on in the office yesterday but before that, we had already shorted DBS at the right timing and today I am extremely confident we can reap our rewards from yesterday.http://stockmarketmindgames.blogspot.sg/2017/03/dbs-bearish-somm-whatsapp.htmlDuring my LIVE trading yesterday, I also shared to look out for a coll...

DBS - A Bearish SOMM Whatsapp
Discovered on 21 Mar 2017 at 10:10 am
The Dow is crashing now. I am happy now because I know we are going to see profits tomorrow for the DBS shorts we took in SOMM. Not only that, during my LIVE Trading and celebration in the noon, we also add shorts to DBS and I can only say tomorrow DBS would gap down. Looking at my private forum, I see people many $ instantly just by shorting it for a few hours. The sellers in DBS is humungous now and I believe it will correct till at $17.90+ level. Let's see tomorrow's gap down.I will be doi...

Geo Energy - Inching Towards 0.35
Discovered on 21 Mar 2017 at 3:09 am
Last Tuesday I made a bullish blog post mentioning and indicating that Geo Energy is inching towards the 0.35 region with concentrated buyers. Click and see my blog post below.http://stockmarketmindgames.blogspot.sg/2017/03/geo-energy-concentrated-buyers.htmlAs of now, the buyers showed up and there was huge buy up from big buyers where the price moved towards the 0.34 region. The stock is currently in the strong hands of the big boys and personally, I would look to lock in $$ now since it ha...

Kimly Group - Whatsapping
Discovered on 21 Mar 2017 at 1:50 am
It was earlier during our celebration that Kimly started to run. I was preparing my Whatsapp, ready to send out to all students who likes to trade fast stocks like Kimly. In fact, it could be faster before Kimly started to run at 0.445 but because everyone is cheering and celebrating, the stock suddenly ran up a little without me noticing. The above trade records are not mine. They are my students who love scalping but I think they took too fast because in my personal opinion, Kimly can raise...

DPU plunged at Keppel DC REIT.
Discovered on 21 Mar 2017 at 1:09 am
Reader: Just wondering if you are familiar with Keppel DC Reit? I bought into it some time ago, lured in by its 'good potential', but as of last dividend payout, it's one of those cases where NPI went up but DPU dropped by 20%. Not an encouraging... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Jumbo - Special Ops Locked in Profits, LIVE Trading
Discovered on 20 Mar 2017 at 10:31 pm
On last Saturday evening after my morning event, I went back to did some homework on Jumbo on the charts. I saw a special rollover and alerted all my special ops about this bullish stock. We will be watching and be ready on Monday because the chart said that it was going to turn soon. Yesterday was Monday and  most of us managed to hop into Jumbo at 0.71-0.715. Today it released a superb good news that drove the stock to higher price where it's going to open store in Beijing. See below articl...

Cityneon - Breakout Higher Since Yesterday
Discovered on 20 Mar 2017 at 10:00 pm
Cityneon, another stock that broke out today went even higher since my last Whatsapp alert on March 3rd.http://stockmarketmindgames.blogspot.sg/2017/03/cityneon-bullish-whatsapp-alert.htmlYesterday was the first sign of a run and today is another sign for maybe a further run but I expect some selling first before the uptrend continues.Ronald K - Market Psychologist - A Stock Market Opportunist

Kimly Group - More Sell Down
Discovered on 20 Mar 2017 at 9:43 pm
More sell down in Kimly today after my prediction yesterday. The sellers were just too overpowering with an abundance of 5th gear force. I am watching this stock for the turning point soon.http://stockmarketmindgames.blogspot.sg/2017/03/kimly-group-hefty-sell-down.htmlEventbrite - A Stock Alert Seminar, Register NowRonald K - Market Psychologist - A Stock Market Opportunist

Jumbo - Opening Beijing Store
Discovered on 20 Mar 2017 at 7:04 pm
Jumbo had been selling down slowly recently until I saw some COB. The stock then slowly entered a phase of hidden buying and suddenly yesterday morning, it was in the Top 30 Volume with a sheer speed of buying. The moment I saw that, I thought immediately they could be opening up another store due to their recent profits. Indeed, 11:14pm last evening, the news was released that they are going to open another store in Beijing. I am glad that I shared Jumbo as a bullish stock to watch out for o...

Non-Landed Residential Resale Property Transactions for the Week of March 5 – March 10
Discovered on 20 Mar 2017 at 10:25 am
3 Reasons Why the Property Measure Tweaks Are Not a Good Sign
Discovered on 20 Mar 2017 at 10:15 am
By Property Soul (guest contributor) On 10 March 2017, a press release was jointly issued by Ministry of National Development, Ministry of Finance and the Monetary Authority of Singapore to make adjustments to the Seller’s Stamp Duty (SSD) and Total Debt Servicing Ratio (TDSR) framework, with effect from 11 March 2017. The changes are as […]

Singapore Property Weekly Issue 303 now out
Discovered on 20 Mar 2017 at 10:13 am
In this week’s issue: 3 Reasons Why the Property Measure Tweaks Are Not a Good Sign Resale Property Transactions (March 5 – March 10) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 303 by Propwise.sg on Scribd

Cityneon - A Bullish Whatsapp Alert
Discovered on 20 Mar 2017 at 7:08 am
This Cityneon trade dragged longer than expected. It was anguish and almost triggered the stop loss level but it did not and resurrected today even though the market was bearish. I sent out a Whatsapp alert on March 3rd and just today, it started to breakout with from a trading range. In the minute chart, there was some hidden and strong buying on the symmetrical line I drew and then it started to slowly trend higher. I will share more on my stock alert tomorrow.Eventbrite - A Stock Alert Seminar, Register NowRonald K - Market Psychologis...

Kimly Group - A Hefty Sell Down
Discovered on 20 Mar 2017 at 5:20 am
The marked ended and I reviewed my prediction on Kimly Group. Once again, it was just spot on. At 9:17am, I made a forward prescient prediction that Kimly Group would sell down first, rebound a little and then down a little again towards end of day. At 9:17am when I posted, Kimly was trading @ 0.55 See my morning post below:http://stockmarketmindgames.blogspot.sg/2017/03/kimly-group-hottest-ipo.htmlTowards the afternoon, the stock indeed rebounded a little where I made two blog posts again on...

Online shopping, retail S-REITs and Starhill Global REIT.
Discovered on 20 Mar 2017 at 12:15 am
Online shopping is gaining strength rapidly and even an IT dinosaur like AK buys stuff online. From my own experience, I would say that online shopping is attractive because of two factors: 1. Convenience. Delivered to my home with either very... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Geo Energy - Turning Up, 0.33
Discovered on 19 Mar 2017 at 10:54 pm
Geo Energy is turning up with some huge buyers. Look at my blog post last week. I am watching this counter now. It's moving!!! It's now 0.325. :)http://stockmarketmindgames.blogspot.sg/2017/03/geo-energy-concentrated-buyers.htmlEventbrite - A Stock Alert Seminar, Register NowRonald K - Market Psychologist - A Stock Market Opportunist

Kimly Group - Rebounding a Little Now
Discovered on 19 Mar 2017 at 10:19 pm
Kimly group is rebounding a little now. The stock seems to find a temporary support after a massive sell down from the sellers. Looking at the chart, it looks like it might turn up a little more before selling down a little more too. At this point of time, I am not doing anything.Eventbrite - A Stock Alert Seminar, Register NowUpdate: 20/3/2017, 11:47amKimly rebounded a little!Ronald K - Market Psychologist - A Stock Market Opportunist

Kimly Group - Sell Down
Discovered on 19 Mar 2017 at 9:24 pm
Look at Kimly now, after my morning outlook on this counter, the stock is now selling down now. Will it turn up again and then more selling later? Let's see! Click below to see my morning outlook.http://stockmarketmindgames.blogspot.sg/2017/03/kimly-group-hottest-ipo.htmlEventbrite - A Stock Alert Seminar, Register NowRonald K - Market Psychologist - A Stock Market Opportunist

Kimly Group - Hottest IPO
Discovered on 19 Mar 2017 at 8:17 pm
Kimly is the hottest IPO now with 8.3 times oversubscribed from the public. The stock's placement was 0.25 and it's opening is 0.55 which is 30 cents up from the placement. It gap up like everybody who managed to get the placement, they made $ instantly. Well, while Kimly is in the F&B sector, look at other F&B sector like Jumbo where it's also in the Top Volume with price trying to run higher. Today looks like many stocks in play. Watch it closely. For Kimly, I expect it to suffer somemore s...

3% Interest on first $50000 Savings
Discovered on 19 Mar 2017 at 11:30 am
3% Interest on first $50000 Savings How to get up to 3% interest on first $50000 of savings account deposits? What must be done to get 3% interest on first $50000? Where to find promo on 3% interest on first $50000? Don't panic. Don't get too excited. All will be revealed at Singapore Savings Account Rates blogspot dot com. Singapore Savings Account Rates helps you to boost interest

DIY Own Portfolio or Subscribe this NikkoAM-StraitsTrading Asia ex Japan REIT ETF IPO?
Discovered on 19 Mar 2017 at 9:32 am
Many readers asked me about this NikkoAM-StraitsTrading Asia ex Japan REIT ETF. Should they subscribe or not subscribe? My answer: It depends on you. If you know how to Build a Diversified REIT portfolio consists of different sectors from Industrial, Commercial Office, Hospitality, Healthcare and Retail Malls using Core-Satellite portfolio strategy, the answer is NO. If ... Read more

Understated gains from Saizen REIT.
Discovered on 19 Mar 2017 at 8:23 am
For a while, I have suspected that ASSI has stalkers but the following can only happen because this stalker happens to be a friend. If he were just any other reader, I would freak out. Reader: I believe you made in mistake calculating your gains... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

A Sharing of Trading Experience - Day 2 with Ronald K
Discovered on 19 Mar 2017 at 3:10 am
It was a fun and eventful day when I shared my trading experiences on my wins and losses over the years. The market today is not like the market back then where stocks were much easier to trade. There is algorithm trading, prop trading and many other factors that control the forces of the market. It's becoming increasingly harder to find a good growth stock and stocks don't move in tandem with the general market anymore. Today I shared many wonderful experiences that $ can't buy. Everyone tel...

How much did AK make from Saizen REIT?
Discovered on 18 Mar 2017 at 9:24 pm
Reader: Dear AK, I just started following your blog this year. So many gems! Thanks for resharing your Saizen REIT blog post from 2015 on Facebook. It just tells me how much more I have to read in your archives! I might regret asking this but... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

US Growth Expected
Discovered on 18 Mar 2017 at 7:21 am
Last month, ECRI stated that they see a genuine cyclical upturn in growth which will last for at least six months, maybe longer.    But growth will be lower than past cycles, at 1-2%.  3% is unlikely.This doesn't mean the US stock market will go up - high expectations may already be priced in.  But it means lower unemployment, rising inflation, and rising interest rates.  Probably globally.  Including gently increasing growth in Singapore.  And higher USD1 with lower gold.  I don't know about...

Short Term Trading Techniques and Strategies - A Step by Step Sharing by Ronald K
Discovered on 18 Mar 2017 at 4:11 am
It was another busy and long day for me, sharing and teaching my trading techniques together with scanning the right counters for short term trading. I am passionate about sharing my philosophy in trading and also my strategies in execution of a trade. Today has the best participants because everyone participated cohesively and most of you took back a powerful knowledge. I will be sharing more on Contra Squeezing techniques tomorrow and next week. Watch out for my LIVE Trading session. Stay t...

Made $14K a month and struggling at 48 years old.
Discovered on 18 Mar 2017 at 2:54 am
Reader: This one worth a share man. Financial prudence - 14K a mth former banker and struggling at 48yo. Pity him anot? http://www.straitstimes.com/singapore/out-of-work-and-out-of-luck-in-search-for-full-time-jobs?xtor=CS3-18 AK: OMG! ... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Missed selling APTT at higher price.
Discovered on 17 Mar 2017 at 8:33 pm
Hi Mr. AK, I like when you say all investments are good at the right price. I also follow you to buy APTT when it was 38c. Thank you. I just found out you sold end of last month. The price now 43c. I missed the chance to sell at 49.5c. Do you... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

AIMS AMP Capital Industrial REIT levels up.
Discovered on 17 Mar 2017 at 3:13 am
AIMS AMP Capital Industrial REIT (AA REIT) is probably one of the better run REITs in Singapore, creating value for unit holders in a sustainable manner and their recent action reaffirms my view. Most REITs are leveraged to some degree. Although... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Ascott REIT's mega discounted rights issue.
Discovered on 16 Mar 2017 at 8:16 pm
Hi AK With the recent rights issue of Ascott reit, i read that the DPU and NAV per unit will most likely drop after this event. Can you share your thoughts about this(the reason for this rights issue)? Declining DPU. Source: HERE. Hi AY, I... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

2017 Best Straightforward Savings Account Rates
Discovered on 16 Mar 2017 at 11:30 am
2017 Best Straightforward Savings Account Rates (Updated 17 Mar 2017) Today we list the top savings account rates in Singapore. These are straightforward savings accounts; that is, no fancy requirements for salary credit, insurance / investment purchase, GIRO transfers, credit card spend, etc. We intentionally left out those accounts that require incremental average daily balance like Standard

AK the born again teacher or a mental blogger?
Discovered on 15 Mar 2017 at 8:52 pm
Reader: I chanced upon your blog half a year ago and been following your every entry since then. In my free time, i try to read up your entries to get a grasp of what we can do to improve our wealth and be financially independent. Articles such as... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Fixed Deposit Promo March 2017
Discovered on 14 Mar 2017 at 4:30 am
Fixed Deposit Promo March 2017 We share the latest March 2017 fixed deposit promotion. Rates are given for 11- or 12-month fixed deposits in SG dollars of new funds. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest income from savings accounts,

Non-Landed Residential Resale Property Transactions for the Week of February 27 – March 3
Discovered on 13 Mar 2017 at 9:45 am
Has the Long Awaited Property Easing Measures Finally Come?
Discovered on 13 Mar 2017 at 9:39 am
By Mr. Propwise It’s finally happened – or so it seems. While steadfastly claiming that the property measures are here to stay, the government has finally eased the property cooling measures. These new measures took effect from March 11. So does this mark the bottom of the property price decline? Read on to find out […]

Singapore Property Weekly Issue 302 now out
Discovered on 13 Mar 2017 at 9:35 am
In this week’s issue: Has the Long Awaited Property Easing Measures Finally Come? Resale Property Transactions (February 27 – March 3) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 302 by Propwise.sg on Scribd

OUE C-REIT will see DPU declining.
Discovered on 12 Mar 2017 at 8:19 pm
Back in 2014, when OUE C-REIT had its IPO, I warned that its gearing was too high and its distribution yield (which was financially engineered to be higher through income support given by the sponsor) was too low given its IPO price of 80c a unit.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Bank of India Savings Account Interest Rates
Discovered on 12 Mar 2017 at 11:30 am
Bank of India Savings Account Interest Rates (Singapore) Get the latest Bank of India savings account interest rates in Singapore for SGD and USD accounts. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other

Sabana REIT could see a change for the better.
Discovered on 11 Mar 2017 at 8:35 pm
As we grow older, feelings of deja vu might become a bit more common. It is probably due to accumulated life experience or maybe the mind is just degenerating. Anyway, when I read that e-Shang Redwood Ltd (ESR) became a substantial unitholder in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Say VES and make $35,000 selling my car?
Discovered on 10 Mar 2017 at 7:10 pm
There was the CEVS and, now, we have the VES. Lucky for my readers, ASSI is always just ASSI. Anyway, the CEVS stands for Carbon Emission-Based Vehicle Scheme. Basically, cars with lower carbon emission were given rebates and I benefitted from... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

NikkoAM-StraitsTrading ex-Japan REIT ETF or "AK REIT ETF"?
Discovered on 9 Mar 2017 at 7:28 pm
Ron and Dave dissect some of today’s most important REIT ETFs. I am feeling lazy, as always, and didn't want to write about the new REIT ETF but I received so many messages that I decided, maybe, I should say something. I didn't want to blog... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

A 6.00% Singapore Savings Account
Discovered on 8 Mar 2017 at 10:30 am
A 6.00% Singapore Savings Account This is not a joke or trick. It is perfectly legal and legitimate. We are confident Singaporeans who have worked in jobs some point in their lives will qualify for this savings account that pays 6% interest. Singapore Savings Account Rates blogspot dot com presents new update on a 6% Singapore savings account that is special to the hearts of Singaporeans.

Food inflation in Malaysia and Singapore.
Discovered on 8 Mar 2017 at 6:29 am
We are always saying how things are cheaper across the Causeway and I do it too. I have said it often enough to get rebuked by some of my Malaysian friends. "You Singaporeans only find it cheap because of the strong S$. Life is actually very... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Orange Juice: Find a Strong Support and Double Bottoms Formation!
Discovered on 8 Mar 2017 at 3:46 am
Orange Juice is finding a strong support about 160 and also forming a Double Bottoms at this support level. Have a Sunkist! 😉 Original Post from http://mystocksinvesting.com

OUE Limited is offering me money for IHC.
Discovered on 7 Mar 2017 at 12:49 am
Mr Riady explains how he built up his business empire. International Healthway Corporation Limited (IHC) was spun off from Healthway Medical Corporation (HMC) in 2013. Back then, its IPO price was 48c a share.  Being a HMC shareholder, I was... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Non-Landed Residential Resale Property Transactions for the Week of February 20 – February 24
Discovered on 6 Mar 2017 at 8:32 am
En-Bloc Sales in Singapore – What You Need to Know
Discovered on 6 Mar 2017 at 8:23 am
By Andrew Adriaan (guest contributor) Image Credit: Jakob Montrasio Private property is a precious commodity in land-scarce Singapore. Yet in some cases, the government and property developers can take over the land your property sits on, compelling you to sell your house. Of course, the reality is often less grim with many owners of old developments […]

Singapore Property Weekly Issue 301 now out
Discovered on 6 Mar 2017 at 8:17 am
In this week’s issue: En-Bloc Sales in Singapore – What You Need to Know Resale Property Transactions (February 20 – February 24) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 301 by Propwise.sg on Scribd

Singapore REIT Fundamental Analysis Comparison Table – 6 March 2017
Discovered on 6 Mar 2017 at 8:11 am
FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increases from 732.7  to 732.6 (-0.01%) ( compare to last post on Singapore REIT Fundamental Comparison Table on Feb 5, 2017. The index is currently hovering around 200D SMA and moving sideway. FTSE ST Real Estate Investment Trust Index is currently trading within a Rectangle and expected to move within ... Read more

VIVA Industrial Trust more attractive with 9% yield?
Discovered on 5 Mar 2017 at 10:54 pm
Reader: Any latest thoughts on Viva. The high yield attractive enough now? AK: You should question why is the yield relatively higher for VIT? In my last blog on VIT, I mentioned the very short lease for their Chai Chee property as a concern. Of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Healthway Medical and free money from Lippo.
Discovered on 5 Mar 2017 at 9:19 am
Donkey years ago, I invested in Healthway Medical Corporation (HMC). I liked the numbers and I thought it was relatively undervalued compared to peers. Anyway, I got in at 10 cents a share and was mostly divested by the time its share price... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Frasers Logistics & Industrial Trust (FLT) FATAMA
Discovered on 4 Mar 2017 at 10:10 pm
  FATAMA = Fundamental Analysis, Technical Analysis, Macro Analysis 🙂       Fundamental Analysis Type = Industrial (Australia) Portfolio = 54 Last Traded Price = $0.935 NAV = $0.94 Price / NAV = 0.9947 Forecasted Annual DPU = 1.74 cents * 4 = 6.96 cents Distribution Yield = 7.44% WALE = 6.9 Years Occupancy Rate = 99.3% Gearing ... Read more

New OCBC 360 Interest Rate Update
Discovered on 4 Mar 2017 at 10:30 am
New OCBC 360 Interest Rate Update What has been happening in the past week with OCBC 360 account? News has been released that with effect from 1 April 2017, new OCBC 360 interest rate update will apply. What are the new OCBC 360 account interest rates? How is the interest calculated? OCBC 360 offers 2 types of interest on your account balance every month. a) Base interest: This interest is

AUD / SGD is On the Way Up!
Discovered on 4 Mar 2017 at 8:39 am
AUD / SGD is trading in an Uptrend Channel. Expect AUD/SGD to retrace back to about 1.06 (up trend channel support) before continue to move towards the next support turned resistance at about 1.11. Original Post from http://mystocksinvesting.com

ARA Asset Management and $1.78 a share.
Discovered on 4 Mar 2017 at 1:57 am
After my ARA "fixed deposit" has been redeemed, what remains is my original investment which I paid $1.00 to $1.32 a share for. Although the offer of $1.78 would mean a 35% to 78% capital gain, I would be losing a very consistent and meaningful... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

NikkoAM-StraitsTrading Asia ex Japan REIT ETF IPO!
Discovered on 3 Mar 2017 at 8:42 pm
Another REIT ETF is coming to Singapore! A short summary on this NikkoAM-StraitsTrading Asia ex Japan REIT ETF. Annual Distribution = 5% Listing Date: Mar 29, 2017 Manager: Nikko Asset Management Asia Ltd Trustee: HSBC Instituitional Trust Services (Singapore) Ltd SGX Trading Name: NikkoAM-STC Asia REIT NikkoAM-StraitsTrading Asia ex Japan REIT ETF IPO Prospectus Investment Objective: ... Read more

Make 15-18% a month or 180%-216% annually!
Discovered on 3 Mar 2017 at 8:03 pm
READER I got a cold call FB request from a stranger "I am from research expertise firm, we promote discipline & professional way of stock trading for consistant profit I found that you are interested in SGX Stocks "I am not... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

3 MTH Fixed Deposit pays 0.75%
Discovered on 3 Mar 2017 at 10:30 am
3 MTH Fixed Deposit pays 0.75% We highlight a three-month fixed deposit that pays 0.75% per annum from Hong Leong Finance in today's post. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial

Investing for income and dividend yields.
Discovered on 2 Mar 2017 at 10:04 pm
Reader: wonder how aggressive you are at aiming dividend % yield when you were younger. Because I realized that recently you are pretty content with 5% yield or lower. When we invest for income, a higher yield is naturally attractive but we... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Centurion Corporation Limited Full Year 2016 Report.
Discovered on 1 Mar 2017 at 10:12 pm
I recently added Centurion Corporation Limited to my investment portfolio at 38c a share and I am pleased to learn that I will be rewarded with a dividend per share (DPS) of 1c which is payable on 19 May 2017.  An annual DPS of 2c could be the new... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Portfolio Update 28 February 2017
Discovered on 1 Mar 2017 at 7:27 pm
The Trump rally continued this month but started to show some weakness towards the end of the month, as people now start to doubt if President Trump can turn all his promises into policies. STI "chiong" pass 3,100 but pulled back in the last 3 days. The index closed at 3,096.61 today. Compared with a month ago, it rose 49.81 points or 1.63%.My portfolio performed very well this month. Its value increased by 3.15% in one month, thus narrowed the year to date gap between its performance and tha...

Wheat: Bottoms Up and Trend Reversing?
Discovered on 1 Mar 2017 at 5:39 am
Wheat looks like have found a bottom between 390-400 after forming a Multiple Bottom, a trend reversal pattern. Currently Wheat is trading within an up trend channel, and also forming a “Higher High, Higher Low” up trend pattern. Expect Wheat continue to move up to 1.618% Fibonacci Expansion target of about 511.6. Yummy on the ... Read more

OCBC 360 updated (and downgraded) again.
Discovered on 28 Feb 2017 at 9:42 pm
Once upon a time, OCBC 360 together with the OCBC Frank credit card, was my favourite combination to get higher interest income on my savings. I just had to spend $400 with my Frank card and pay 3 bills online and I would get a 2% interest rate on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

My Investment Portfolio (February 2017)
Discovered on 28 Feb 2017 at 9:25 pm
STI ended the month of the year at around 3100 points, building onto its gain from last month as Dow Jones continued to post new highs.For this month, I have attended the following AGMs/EGMs/briefings - Pacific Star (formerly known as LH Group), Fu Yu, China Flexible Packaging and AV Jennings.For my top 30 holdings, most of the stocks in the list did well. The 3 finance companies moved up after MAS introduced a series of changes which might benefit their business as the...

1% Interest for Small Savers on First $50K
Discovered on 28 Feb 2017 at 10:30 am
1% Interest for Small Savers on First $50K We talked about the 1% interest savings account for millionaires in an earlier post last time. This 1% interest for savers account is suitable for people with more modest incomes who don't have one million dollars hidden under our pillows. Having said that, millionaires are not exempted from qualifying for this 1% interest for savers account.

Non-Landed Residential Resale Property Transactions for the Week of February 13 – February 17
Discovered on 27 Feb 2017 at 9:16 am
1% Interest Savings Account Promotion
Discovered on 26 Feb 2017 at 10:30 am
1% Interest Savings Account Promotion There is another bank in Singapore that pays 1.00% per annum interest rate. This particular one caters to you, the millionaire who has one million dollars of cash tucked under a pillow. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates

Singapore Dollar Hit All Time High against Malaysian Ringgit!
Discovered on 26 Feb 2017 at 7:44 am
SGD / MYR has broken the recent resistance Ascending Triangle at about 3.1452 and moving towards 3.2418 (161.8% Fibonacci Expansion Target), after finding a support at 61.8% Fibonacci Retracement Level at 3.0855. Trend: Up 1st Price Target = 3.20 (Price target after breaking out from Ascending Triangle) 2nd Price Target = 3.2418 (161.8% Fibonacci Expansion ... Read more

EUR / USD on Down Trend
Discovered on 26 Feb 2017 at 7:32 am
EUR / USD continues to trade in a down trend after rejected at 61.8% Fibonacci Retracement Level. Long Term Trend: Down Immediate Support = 1.05238 Next Support = 1.03838 161.8% Fibonacci Expansion Target = 1.01396. Original Post from http://mystocksinvesting.com

Water Price Raising - Psychological Feeling vs. Mathematical Analysis
Discovered on 24 Feb 2017 at 6:56 pm
One announcement Minister Heng Swee Keat made with the Budget 2017 that created strong reaction from Singaporeans was the raising of water price by 30% in two years. Radio stations made talk show on it and invited listeners to give their view. One of the callers suggested that the authority should have raised water price "gradually" over the past 10 years instead of making this "quantum" price jump at one go. The invited guest, one MP concurred to this opinion and said he would bring it up in...

1.35% p.a. SGD Fixed Deposit Promotion
Discovered on 22 Feb 2017 at 10:30 am
1.35% p.a. SGD Fixed Deposit Promotion Here's details of a 1.35% p.a. SGD fixed deposit promotion from RHB bank of Singapore. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail

2-Year SGS Bond Coupon 2.5%
Discovered on 19 Feb 2017 at 10:30 am
2-Year SGS Bond Coupon 2.5% NX09100W, a 2-Year SGS Bond pays a coupon 2.5% per year. If you purchased it at the auction on 26 Jan 2017, the cut-off yield to maturity is 1.36%. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest income from savings accounts,

1.28% on first $100K Savings Account Promo
Discovered on 16 Feb 2017 at 10:30 am
1.28% on first $100K Savings Account Promo Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore. This 1.28% on first $100K Savings Account Promo comes from

1.3% Fixed Deposit Promotion
Discovered on 14 Feb 2017 at 10:30 am
1.3% Fixed Deposit Promotion Get 1.3% per annum fixed deposit rates when you open a fixed deposit for 18 months with Hong Leong bank. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail

2.44% Singapore Savings Bond GX17020E
Discovered on 12 Feb 2017 at 10:30 am
2.44% Singapore Savings Bond GX17020E The average annual interest payout is 2.44%. Singapore savings bond GX17020E is the name. We share new SSB Singapore Savings Bond interest rates issued on 1 Feb 2017. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest

1% UOB FD February 2017 Promotion
Discovered on 8 Feb 2017 at 10:30 am
1% UOB FD February 2017 Promotion Get up to 1% p.a. interest when you open a promotional fixed deposit account with UOB Singapore. Just put in above S$350,000 for 12 months. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest income from savings accounts,

2.25% p.a. Savings Promotion
Discovered on 5 Feb 2017 at 10:30 am
2.25% p.a. Savings Promotion What is this 2.25% p.a. Savings Promotion on Singapore Savings Account Rates blogspot site? What are the details and fine print of today's 2.25% p.a. Savings Promotion? Read on as we bring you update,  conditions and exclusions of this 2.25% p.a. Savings Promotion on our Little Red Dot called Singapore. Singapore Savings Account Rates blogspot dot com presents

Singapore REIT Fundamental Analysis Comparison Table – 5 February 2017
Discovered on 5 Feb 2017 at 4:32 am
FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increases from 709.49 to 732.7 (+3.19%) compare to last post on Singapore REIT Fundamental Comparison Table on Jan 2, 2017. The index is still trading below the 200D SMA after the recent rebound. FTSE ST Real Estate Investment Trust Index is currently trading within a Rectangle and expected to move ... Read more

0.9% Feb 2017 OCBC FD Promotion
Discovered on 3 Feb 2017 at 11:00 pm
0.9% Feb 2017 OCBC FD Promotion Here is 0.9% Feb 2017 OCBC FD Promotion for 12-month Singapore Dollar fixed deposit. Minimum placement amount is $20,000.00 Funds from Supplementary Retirement Account cannot be used. Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to

2017 Top Fixed Deposit Rates
Discovered on 31 Jan 2017 at 10:30 am
2017 Top Fixed Deposit Rates Singapore Welcome back, readers of Singapore Savings Account Rates. The latest February 2017 update of fixed deposit rates Singapore are presented for your viewing pleasure from our team residing on the Little Red Dot (that's Singapore, in case you didn't have a clue). Singapore Savings Account Rates blogspot dot com presents new update on Fixed Deposit Rates

My Investment Portfolio (January 2017)
Discovered on 31 Jan 2017 at 10:11 am
STI ended the first month of the year on a weak note, although it still managed to close above 3000 points due to gains made earlier in the month. Banking and property stocks were the main drivers, though concerns about US President Mr Trump's policies still worry the markets.For this month, I have attended the following AGMs/EGMs/briefings - SingPost, PNE Industries, F&N, Frasers Centrepoint Ltd, Chew's Group and UPP.For my top 30 holdings, not much changes although Ke...

Portfolio Update January 2017
Discovered on 31 Jan 2017 at 3:40 am
Ever since Donald Trump won the US election, market has shown positive trend. The new US president had used the slogan "To Make US Great Again" in his election campaign. Well at the least he has so far made US the "centre of world attention" again with his actions after his inauguration. STI rose quite a bit in January. As at today, the index closed at 3046.80, up 166.04 points or 5.76% for the whole month. However, I don't really understand why the market shows such bullishness, as the corpo...

POSB Savings Account Pays 0.933% Interest in 6 Months
Discovered on 29 Jan 2017 at 10:30 am
POSB Savings Account Pays 0.933% Interest in 6 Months There is no typo error in this "POSB Savings Account Pays 0.933% Interest in 6 Months" post. With POSB bank branches well distributed throughout the neighbourhoods of Singapore, potential new customers of POSB (Singapore) should read on for more details. Singapore Savings Account Rates blogspot dot com presents new update on savings and

Earn 1.4% p.a. Savings Account Promo
Discovered on 28 Jan 2017 at 10:30 am
Earn 1.4% p.a. Savings Account Promo Yes. You can earn up to 1.4% p.a. Savings Account Promo. However this high interest savings account promotion will end very soon from today. So you need to hurry to check out this savings account promotion to lay your hands on 1.4% p.a. Of course, many terms and condition exist so do go over the fine print with bank concerned. Singapore Savings Account

SG Savings Account Rates Chinese New Year Greetings
Discovered on 27 Jan 2017 at 10:30 am
SG Savings Account Rates Chinese New Year Greetings Singapore Savings Account Rates blogspot dot com sends you Chinese New Year greetings today. Happy Chinese New Year! Thanks for reading Singapore Savings Account Rates. The TeamSingapore Savings Account Rates.

新年快乐
Discovered on 26 Jan 2017 at 8:10 pm
祝各位新年快乐,财源广进,笑口常开,万事如意!

Treasury Bill Yield 1.05%
Discovered on 25 Jan 2017 at 10:30 am
Treasury Bill Yield 1.05% If you are looking for an investment that's safer than bank fixed deposits that pays reasonably higher interest than savings accounts, consider Singapore treasury bill. Singapore Savings Account Rates blogspot dot com presents Singapore 1 Year treasury bill yield 1.05% update as of 25 Jan 2017. Treasury bills (T-bills) are marketable debt instruments of the Government

Singapore Fixed Deposit
Discovered on 22 Jan 2017 at 10:30 am
Singapore Fixed Deposit Singapore fixed deposit rates for 2017 are presented for your information. Singapore Savings Account Rates blogspot dot com has compiled Singapore fixed deposit rates today. 2017 Singapore savings accounts 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.

3.33% Savings Account
Discovered on 15 Jan 2017 at 10:30 am
3.33% Savings Account Looking for 3.33% savings account interest rates? Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today. Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore. 3.33% Savings Account from UOB One

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...

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...

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...

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...

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...

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...

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 ...

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:

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...

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...

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...

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
馬雲看台灣 肺腑之言 顛覆!
Discovered on 14 Oct 2016 at 7:55 pm
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 ...

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...

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...

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
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...

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...

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. ...

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...

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...

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...

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...

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

Buy equities now and maybe after June 17 2012
Discovered on 5 Jun 2012 at 8:59 am
Usually when the fundsupermart General Manager’s personal portfolio is in the red, it gives a clear indication of a buy for equities. Down slightly as at 5th June 2012There are likely 3 scenarios after June 17.Greece pro austerity measures government wins election. Stock markets will rally.Greece’s anti bailout government wins and Greece exit EURO. Short term pain, but European central bank will pump in money to stabilize economy. Buying opportunity for rebound.Greece leaves Eurozone, central...

China Making Contingency Plans for a Greek Exit
Discovered on 4 Jun 2012 at 7:24 am
The above post was just released from CNBC. It discusses a call for contingency plans from the China authorities for a possible Greek exit. As you probably know, news providers are eager to broadcast the latest news. There are times when they do not verify the source of information. Do you recall the Spain-IMF rescue which was later denied? Whichever, we too, have a contingency plan.If the above


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