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:

February 2017
Discovered on 20 Feb 2017 at 4:18 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 →

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  

SBSTransit : Q416 Results
Discovered on 9 Feb 2017 at 3:58 am
Q416 Results

Singtel : Q317 Results
Discovered on 8 Feb 2017 at 7:48 pm
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...

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

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

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


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Non-Landed Residential Resale Property Transactions for the Week of February 5 – February 10
Discovered on 20 Feb 2017 at 8:55 am
4 Reasons Why Hong Kong’s New Stamp Duty Can’t Save Singapore’s Property Market
Discovered on 20 Feb 2017 at 8:40 am
By Property Soul (guest contributor) Bloomberg recently published an article on how ‘Hong Kong Property Tax May Help End Singapore’s Housing Slump’ (Bloomberg, Jan 19). The journalist cites the remarks of a Cushman & Wakefield spokesperson that foreign buyers may turn to Singapore after the 15 percent increase (30 percent in total) of stamp duty […]

Singapore Property Weekly Issue 299 now out
Discovered on 20 Feb 2017 at 8:33 am
In this week’s issue: 4 Reasons Why Hong Kong’s New Stamp Duty Can’t Save Singapore’s Property Market Resale Property Transactions (February 5 – February 10) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 299 by Propwise.sg on Scribd

Will Trump’s Policies Result in a Stock Market Crash?
Discovered on 20 Feb 2017 at 7:50 am
Last week, the Business Times published a great article – Markets are underestimating the risks of accelerating inflation written by Neil Behrmann – which I thought was worth a second look. In the nutshell, the author believes that there will be rapid inflation coming our way, especially with Trump’s policies, and that this could be a sign […]

Investment Using SRS fund – My Experience
Discovered on 20 Feb 2017 at 7:50 am
Many articles have been written on SRS Account and it’s pro and con. You may find few good blogs and summary as below : SUPPLEMENTARY RETIREMENT SCHEME (‘SRS’) ACCOUNT FROM HEARTLANDBOY  (HERE ) Is the Supplementary Retirement Scheme a Waste of Your Time and Money? From Money$mart.sg (here) Why it makes sense to contribute to the SRS account (to a certain extent) […]

GSS Energy - Energy in Play
Discovered on 19 Feb 2017 at 9:40 pm
GSS Energy looks beautifully setup. I am watching this counter now for a perfect timing before hopping in. The buyers are in control while the sellers slowly starts to abate. Watch this counter closely for the next turning point. Will share more stocks during tomorrow's short term trading event.Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Golden Energy – Is this a laggard coal play? (17 Feb 17)
Discovered on 19 Feb 2017 at 7:50 pm
Pursuant to Golden Energy’s (“GEAR”) compliance placement at $0.670, GEAR has not closed above $0.670 since its debut on 12 Dec 2016. In fact, GEAR has slumped 21% from $0.655 on 12 Dec 2016 to $0.520 on 17 Feb 2017. This underperformance is even more glaring as compared to +24% appreciation in Geo Energy’s share […]

Sunlight - See the Light at 0.041
Discovered on 19 Feb 2017 at 7:09 pm
Sunlight is still moving strong after we long during the LIVE Trading last Friday. The stock just reached a high of 0.041!http://stockmarketmindgames.blogspot.sg/2017/02/sunlight-111-gain.htmlhttp://stockmarketmindgames.blogspot.sg/2017/02/sunlight-live-trading-8888-return-in-1.htmlEventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

800 Super - A Growth Stock
Discovered on 19 Feb 2017 at 6:52 pm
800 Super's chart looks beautiful. It was a growth stock in the past and the stock did not collapse or suffered much selling even though STI was having some correction back then. However as of last Friday, the stock had climbed too much and reached a saturated point where the sellers may soon to be emerging. I am very cautious of going long now and look more on the profit taking side. There are better stocks for growth and I would stay out in this counter for now since the sellers are buildin...

Challenges for the modern millennial woman
Discovered on 19 Feb 2017 at 6:00 pm
Do you remember a post I wrote last year about why I left my previous job? One of the main reasons being the deteriorating relationship between my tax partner and tax manager (after her return from maternity leave) over mismatched expectations, lack of communication and poor conflict resolution. This put me in a difficult position […]

The Telco Landscape in Singapore
Discovered on 19 Feb 2017 at 6:00 pm
The telco regulator in Singapore, Infocomm Media Development Authority (IMDA), regularly publishes a list of facts & figures about the telco industry. It is interesting to look at the figures occasionally to understand the trends affecting telcos and review whether telcos worth investing. Mobile Services To investors of the 3 local telcos, the most important […]

Man’s search for meaning
Discovered on 19 Feb 2017 at 6:00 pm
When I first started out in the work force more than 8 years ago, I came across the aforementioned statement but did not really pay much heed to that.   Goals back then were pretty simple and revolved largely around trying to get as far up the learning curve as possible and grab on to […]

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,

My Personal Cashflow
Discovered on 19 Feb 2017 at 8:02 am
Kyith wrote a good piece of information this morning (Link Here) regarding segregating the difference between balance sheet and cash flow/cash and connecting the dots between how we look at company the same way we tend to shape our very own lifestyle and finances. After reading the article, I am tempted to look deeper into […]

My investment portfolio, market value and position sizing.
Discovered on 19 Feb 2017 at 7:30 am
I feel that I have been blogging a bit too much recently and it is probably a good idea for me to go offline for a few days. So, it won’t just be blogging that I am avoiding but everything else that requires me to go online to do as well. Hence, I won’t be […]

Old news that made me go hmmm last week
Discovered on 19 Feb 2017 at 3:30 am
I am not a very up-to-date kind of guy. Sometimes I stumble across some very old facts that I did not know about before (and that have nothing to do with investing). Like this one: The condor uses the least energy to move a kilometer of all species. So far so good. That sounds reasonable. […]

Frasers Commercial Trust Long Term Play in Office Rental
Discovered on 19 Feb 2017 at 3:30 am
While most REITs are announcing their 4Q2016 or FY2016 financial results, Frasers Commercial Trust is actually announcing their 1Q2017 financial results. Net Property Income fell by estimated 1% due to lower occupancy for China Square Central and Central Park. We understand that China Square Central has started the development of a 16 storey hotel and […]

How Real is the Trump-driven Stock Market Bull’s Run lately?
Discovered on 19 Feb 2017 at 3:30 am
I had been away from the stock market for several months now and then I realized that there had been a bull run lately. Dow crossing 20k and STI crossing 3k. Wow… Great according to what Trump tweeted and many reckon he is going to transform the US economy for the better. You really think […]

CFE post : How SMU can fit into the future economy.
Discovered on 19 Feb 2017 at 3:30 am
Yay ! Mid-terms are over. Today, I wanted to combine several posts into one. Of recent note, SMU has been on the radar of social media as of late. Exchange student Kerry Dwyer has written very candid comments about her SMU and Singapore experience here. In a mid-term party which was conducted by my JD […]

“I Sell Fried Chicken”
Discovered on 18 Feb 2017 at 9:45 pm
My previous post about my investor friend was super well received. So much so that I’m reluctant to even link it here anymore. I just dunno if he’d appreciate the sudden publicity. Anyway, I said I’d share about another highly successful individual that I know personally. Incidentally, I recently saw a Bloomberg report about him: […]

Change is the only constant
Discovered on 18 Feb 2017 at 9:45 pm
I haven’t been reading much into individual companies. I just felt that with markets hitting new hits, the is now very little room for errors. Why go against the tide? It is ‘fun’ tabulating up the unrealised profits week after week. However, as any investor would know, unrealised gains are as they are – unrealised. […]

Diversification – in the name of big money
Discovered on 18 Feb 2017 at 9:30 pm
When it comes to the topic of diversification, many big time investors have opposing views, be it through their words or actions. If you ever know anything about investing and trading (which you probably should), diversification is one of the hottest debates we have ever come across. Today, I’d like to talk more about how […]

Trust is a scarce commodity in properties
Discovered on 18 Feb 2017 at 9:30 pm
In properties, market confidence determines the boom and doom of the industry. To property buyers and investors, trust can make or break a deal. In this digital world, trust is more valued than ever. Unfortunately, trust is increasingly rare to be found in industry stakeholders and the mass media. Have something up your sleeve? It […]

DBS, OCBC, UOB stock: which is a GOOD BUY?
Discovered on 18 Feb 2017 at 9:30 pm
The three local bank stocks: DBS, OCBC and UOB have fallen off their highs ever since the episode of Ezra which renewed concerns over the banks’ non-performing loans to the O&G sector ever since the Swiber fallouts.OCBC stock currently traded at $9.52, down by 2.36% from the stock’s 52-week high of $9.75. The consensus target […]

Coursera’s Paywall: What you could do about it
Discovered on 18 Feb 2017 at 9:30 pm
I was trying out a Coursera course yesterday before being rudely interrupted by the paywall. Prior to this incident, Coursera courses are free to complete (unless you wanted to pay for a certificate). I’ve spent quite a bit on Coursera courses when I was still a noob who couldn’t differentiate between the quality of the […]

Win and win again with SRS.
Discovered on 18 Feb 2017 at 9:30 pm
I blog about the SRS pretty often and how my SRS account is a war chest. I also said before that I don’t mind having quite a bit of money idling and waiting for opportunities. When opportunities come knocking, I pounce! I get to save on income tax and invest for higher returns. It is […]

Interview with King of Popiah, Mr Sam Goi
Discovered on 18 Feb 2017 at 9:30 pm
I watched the TV interview with Mr Sam Goi last Sunday on Channel 8 under the third season of the episode “Hear me Out”. In the previous season, I watched the interview with CEO of Sheng Siong and was impressed. You can revisit the post which I have created arising from watching the interview here […]

Students Trade Record - Short Term Trading, Contra
Discovered on 18 Feb 2017 at 6:58 am
So delighted to be receiving good winning trade records from my student earlier just now as this week had been an easy week for trading penny counters. Many counters started to run like Serrano, AA, Sunlight, QT Vascular and many many others. It's a season for the penny stocks and good stocks that have sexy stories at the background is likely to germinate.The strategies used to scan for the right stocks and perform contra trading is important doing short term trades. Many think contra trading...

Thank you - Work Hard
Discovered on 17 Feb 2017 at 4:00 am
So happy to be receiving this email message. To see my student to be able to do the trades himself is a plus point that he understood the strategies I taught. Although small profits, the confidence and reward for the experienced is something $ buy. Congrats and see you soon!!Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Top Volume - Penny Stocks
Discovered on 17 Feb 2017 at 1:39 am
The top volume is filled with very exciting and interesting stock. Next week will be another week for pennies and then I believe it might take a breather. For now, watching the Top volume closely for another wave of penny stocks upmove.Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Sunlight - 111% Gain
Discovered on 16 Feb 2017 at 11:21 pm
Sunlight just pierced through the roof with 111%. I will be letting go my 100 lots bought earlier now and some additional late scalping, now. Looking forward the next trade next week. Sunlight is a bit scary now and contains a lot of sellers. I am not fighting with those sellers with 388 lots. I would rather follow them and follow the flow.Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Investor psychology and beating our fears.
Discovered on 16 Feb 2017 at 11:08 pm
This blog is a follow up to an earlier blog titled: Increased investment in Religare Health Trust by more than 150%. This is in response to a request by Reader A. READER A.  We should expect volatility in prices. In fact, we should welcome it as... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Sunlight - LIVE Trading, 88.88% Return in 1 Day
Discovered on 16 Feb 2017 at 10:23 pm
I will keep this post short. Today is just a really good day for LIVE Trading. I am happy with the turnout on a Friday 9am sharp. 100 of people watch me LIVE Trade and we traded Sunlight with an amazing 88% return today. All, in fact everybody made $$ together with me but that's not the important point. The crucial plus point to note here is the timing on how did I know exactly 10:15am-10.30am? This is something no TA can teach or FA that you can read. I am still holding my 100 lots at 0.026 ...

LIVE Trading Today - A Busy Day at Work
Discovered on 16 Feb 2017 at 6:09 pm
Will be LIVE Trading later at 9:00am. I saw some super stocks to be breaking out and some others to waiting to break out later. Can't wait to let another group of passionate traders make $ again. It's a long and busy day today and I am taking a break next week to enjoy my labour of fruits and relax my mind. See you all later!Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

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

Samko Timber - 70% Gain in 1 Day
Discovered on 16 Feb 2017 at 4:40 am
This is a powerful stock today. It shot up like a rocket and maintained like a rocket. It was a 70% gain in one day with an amazing amount of buyers. The sellers were really minimal and this could be another stock in the making. The market is really hot and excited these days. If you don't make $ during this bull run, I don't know when is your next opportunity.Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Serrano - In Play Suddenly
Discovered on 16 Feb 2017 at 1:22 am
Today is a good day. LIVE Trading with students and all of them made $. Congrats everyone. The stock shot up high from nothing to the Top 30 Volume. The stock is now still strong but have to look for the next timing to re enter again. I am happy for the turnout today and everybody witnessed the precision of timing a stock closely. I will never forget today because it's one of my unlucky day, but well as long as students make $, that's all it matters.Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock ...

Increased investment in Religare Health Trust (RHT) by more than 150%.
Discovered on 15 Feb 2017 at 11:43 pm
Religare Health Trust's (RHT) latest results missed expectations but yesterday's massive decline in its unit price was surprising and, I thought, excessive. The sale of a 51% stake in FHTL impacted RHT's income. Distributing the proceeds as a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Alliance Mineral - Near $4000 Profits, Contra Trading
Discovered on 15 Feb 2017 at 11:29 pm
Contra traded Alliance Mineral with 1138 lots and managed to sold everything at 0.171 and partial at 0.166. Made near $4000 today in this counter. Rotating to the next counter. The stock shot up further but there are other better counters to play.Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

QT Vascular - $2000 Scalp
Discovered on 15 Feb 2017 at 9:26 pm
Finished another 2 pip scalp in QT with 1000 lots and $2000 lots. Not the best trade because chased a little but still managed to get out. I am confident about the market later where there will be more opportunities.Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Thai Beverage - Continue to Rise
Discovered on 15 Feb 2017 at 7:48 pm
Thai Beverage continue to rise on good news. See my last Saturday bullish post and see how you can profit from it!http://stockmarketmindgames.blogspot.sg/2017/02/thaibev-watching-on-monday.htmlThai Beverage should have some impending news to be released. Watch it.Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Genting SP - Bullish Ride
Discovered on 15 Feb 2017 at 7:40 pm
Genting is currently climbing again and the unrealized profits is now $9000. :) Riding this bullish stock.http://stockmarketmindgames.blogspot.sg/2017/02/genting-sp-unrealized-7000-profits.htmlEventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

DBS - 9% Drop in 4Q Earnings
Discovered on 15 Feb 2017 at 7:28 pm
Gave a bearish Whatsapp alert on DBS on Tuesday as the stock showed some kind of weakness. We shorted at the 18.45 level and today it hit a low of 18.13 with almost a 30 cent gain. Coincidentally, it announced a 9% drop in Q4 Earnings which contributed to more sellers selling this stock. Click and see my Whatsapp alert on Tuesday.Eventbrite - Enroll for Short Term Trading OpportunitiesShorted total worth of 3 lots and in $1200+ profits now. The stock just met sellers and sellers. Looking to cover shorts soon. I will be sending more Whatsapp soon.Eventbrite - Enroll for Short Term Trading OpportunitiesR...

Noble Group - Contra $15,000 Profits
Discovered on 15 Feb 2017 at 2:42 am
Just made $15,000 profits on Contra Trading Noble Group. I believe the take over news maybe coming out soon or the price wouldn't have rose. The stock is heavily traded and it's the top 1 in the Top volume. Longed yesterday and sold today with 1000 lots. Not bad for a day's job. Will share my Contra trading strategies for those who wants to find out more next Tuesday. In fact, Noble is a stock I posted on my blog when I mentioned that it would be break below 0.2. That's the accumulation point...

Hock Lian Seng returns 100% and more!
Discovered on 15 Feb 2017 at 12:09 am
One of the things that I like to do is to buy into what looks like a fundamentally sound business when insiders are accumulating. One such stock which has amply rewarded me over the years is Hock Lian Seng. I already had a small position in Hock... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Genting SP - Unrealized $7000 Profits
Discovered on 14 Feb 2017 at 9:54 pm
In swing unrealized profits of $7000 for Genting SP. The stock broke out today but was able to catch at 0.965 before the run. Let's see how far it can go from here. The current price is 1.005.Update: 15/2/2017, 9:05pmThe stock closed strong towards end of day ahead of the results that will be releasing. However it's reaching a supply zone that one should be wary.Eventbrite - Enroll for Short Term Trading OpportunitiesRonald K - Market Psychologist - A Stock Market Opportunist

Jumbo - $3000 Profits
Discovered on 14 Feb 2017 at 9:10 pm
Jumbo recent announced good news that their Q1 net profits rose and combined with Ron Sim's recent purchase, the stock should look strong.http://www.businesstimes.com.sg/companies-markets/jumbo-q1-fy2017-net-up-26However, something peculiar happened. Suddenly, Jumbo continued to suffer selling after selling and plummeting where today it reached a low of 0.7. It went below Ron Sim's purchase price and things are looking not right at the moment. The news is good but why did the stock tank? Some...

Thai Beverage - 28% rise in 1Q17 earnings to 7.7 billion baht
Discovered on 14 Feb 2017 at 7:18 pm
I believe what I saw on a Saturday morning was spot on. The strong buyers combined with the rising price created a gap up in the chart this morning because they announced that they made a 28% rise in 1Q17 earnings to 7.7 billion baht. Click and see my Saturday's blog post and then on Monday where the stock shot up in the morning!!http://stockmarketmindgames.blogspot.sg/2017/02/thaibev-watching-on-monday.htmlhttp://stockmarketmindgames.blogspot.sg/2017/02/thai-bev-morning-shot-up.htmlWell yet ...

Student's Swing Trades - Now Up $137,750 After Noble Trades
Discovered on 14 Feb 2017 at 6:27 pm
Happy to be receiving an update on my student's progress on his swing trades and I am pleased to hear that he had sold off GLP and then using the profits from GLP to whack Noble which then yielded him yet another good profits yesterday.The Noble trade itself after locking in profits was an astounding $61,000+ which is really really superb considering he bought some near the 0.197 range and yesterday because of the buy out news, the stock gap up at 0.225. I take my hats off him. Here, I just w...

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

Croesus Retail Trust 1H FY2017 Hong Bao.
Discovered on 14 Feb 2017 at 7:30 am
This was from a recent conversation: Reader: "Croesus Retail Trust reported good results but an investor I know sold all his shares already." AK; "We have our reasons for buying or selling. If our facts are right and if our reasoning is... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

GKE - Contra Trade with $800
Discovered on 14 Feb 2017 at 4:26 am
Another successful contra trade with GKE. This time round only 200 lots at 0.18 and sold at 0.184. The stock shot up to a high of 0.188 but decided that it's enough for me because the whole market seemed not right. I am looking to short rather than to long because the sellers were all piling up. Next stock soon.I will be hosting a special seminar for those who are interested in short term Contra trading and my Whatsapp alert. So if you are interested in learning and seeing how to perform shor...

DBS - A Bearish Whatsapp Alert
Discovered on 13 Feb 2017 at 11:07 pm
DBS plummet today and the rest of the banks were the same. I saw an opportunity on the short sell side and hence gave a Whatsapp alert to all students for them to take a look at this bearish counter. In like 3 hours, from the price we shorted, DBS continued to tank to a low of now 18.33. The stock contained a lot of sellers and buyers were scarce. I will be rotating to another counter for another opportunity. For those who are coming tonight, see you later.Eventbrite - Enroll for Whatsapp Alert for Short Term TradingRonald K - Market Psychologist - A...

An incomplete analysis of SingPost.
Discovered on 13 Feb 2017 at 7:48 pm
SingPost was a company I was looking at just a few months before Alibaba came into the picture. Thinking of adding it as an investment for income, I was waiting for the share price to go a bit lower before buying.  However, Alibaba came in and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Top Volume Stocks - Amazing Pennies
Discovered on 13 Feb 2017 at 7:32 pm
Pennies are running like mad now even though the STI is down. I am watching some of them like GSS, Kris Energy and Alliance Mineral. Could this be a last phase in the penny stocks or one more long breakout to come before the sweet chin music ends? I am watching it closely. Look at Noble Group, there is a long gap up today because of the takeover news. Noble will be around this range now and won't go below 0.2Ronald K - Market Psychologist - A Stock Market Opportunist

Noble Group - In Buy Out Talk, 0.225
Discovered on 13 Feb 2017 at 6:56 pm
Noble group opening looks strong with an indicative price of 0.225. That's because they are in talks for a buy out as posted yesterday. Now looking at the minute chart, it has some collections going on so it's no wonder on the rise. The buy out is going to materialize and normally people buy on rumors and sell on news. Let's watch later.http://stockmarketmindgames.blogspot.sg/2017/02/noble-group-privatisation.htmlEventbrite - Enroll for Whatsapp Alert for Short Term TradingRonald K - Market Psychologist - A Stock Market Opportunist

Non-Landed Residential Resale Property Transactions for the Week of January 27 – February 3
Discovered on 13 Feb 2017 at 10:51 am
Yishun Property Shopping – Which of These Three Condos Would You Buy?
Discovered on 13 Feb 2017 at 10:50 am
By KK Tong (guest contributor) Some time back, we did a review of three Woodlands condominiums which we thought were worth looking at. We are back with an article on condos worth considering in Yishun, an estate located in the Northeastern Singapore. It is bordered by Sembawang to the North, Sengkang to its East, and […]

Singapore Property Weekly Issue 298 now out
Discovered on 13 Feb 2017 at 10:37 am
In this week’s issue: Yishun Property Shopping – Which of These Three Condos Would You Buy? Resale Property Transactions (January 27 – February 3) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 298 by Propwise.sg on Scribd

More income from Ascendas Hospitality Trust expected.
Discovered on 12 Feb 2017 at 6:46 pm
Quite a few readers asked me about investing in hospitality trusts and they usually ask me about FEHT or CDL HT. This is not surprising because they have a stronger presence in Singapore. I don't have a stake in either and with the oversupply of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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

$500K in gold and waiting for stock market crash.
Discovered on 11 Feb 2017 at 6:57 pm
Gold is not a productive asset. Hi boss! Like to ask you on a topic (precious metals) rarely mentioned on your blog. I love precious metals (gold and silver) and anything in gold I can wear. I liquidated all my shares in 2013 in anticipation of a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Sizing my investment in SPH.
Discovered on 10 Feb 2017 at 8:35 pm
A journey through time with SPH. When I tell people I am a blogger, some assume that I am IT savvy. People who say that are probably not very IT savvy. We only need to know how to use a word processor to blog. My generation and those who are... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

My ARA Asset Management fixed deposit adventure.
Discovered on 9 Feb 2017 at 10:16 pm
When I shared my full year results end of last year, I mentioned ARA Asset Management's offer of $1.78 a share and how it translates to 35% to 78% capital gains for me if the offer is to be accepted. At the time, I had a fixed deposit maturing and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

AIMS AMP Capital Industrial REIT and free money for AK (3Q FY2017).
Discovered on 9 Feb 2017 at 2:26 am
Many years ago when I decided to reduce my investment in industrial S-REITs, I was faced with the choice of reducing my stake in either Sabana REIT or AIMS AMP Capital Industrial REIT as both were the largest investments in my S-REITs portfolio.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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,

Kingsmen Creatives Ltd added to my portfolio.
Discovered on 8 Feb 2017 at 3:09 am
With the share prices of many of my investments (including those I recently blogged about) having risen by quite a bit, I decided to nibble at Kingsmen Creatives Ltd, paying 59.5c a share, as its share price remained in the doldrums. The weakness... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

UOB ONE Card cash rebate and the things we do.
Discovered on 7 Feb 2017 at 9:04 am
I was chatting with a friend and ASSI guest blogger this evening about credit cards. He told me he had to spend $1,000 each month on a credit card recently in order to get a $100 rebate at the end of the quarter.  OK, I think most of you would... [[ 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 January 22 – January 26
Discovered on 6 Feb 2017 at 9:46 am
4 Cooling Measure You Must Consider Before Buying a Property
Discovered on 6 Feb 2017 at 9:42 am
By Eugene Huang (guest contributor) So you made your first foray into real estate some years back and are now sitting pretty on a property that has appreciated. You pride yourself on that smart decision. With the current depressed property market, as a savvy and sophisticated investor, you have the stamina to hold on to your […]

Singapore Property Weekly Issue 297 now out
Discovered on 6 Feb 2017 at 9:39 am
In this week’s issue: 4 Cooling Measure You Must Consider Before Buying a Property Resale Property Transactions (January 22 – January 26) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 297 by Propwise.sg on Scribd  

Financial freedom through building Dividend Machines!
Discovered on 5 Feb 2017 at 7:15 pm
Many people ask how can they retire from work earlier and be financially comfortable like me? Of course, I tell them investing for income has a big part to play. Often, the next question is whether I could teach them how to invest for income? No,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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

"REMOVE SABANA REIT MANAGER" FB PAGE.
Discovered on 5 Feb 2017 at 5:18 am
This blog is in reply to Jerry Low's comment: Source: HERE. Hi Jerry, Saizen REIT was not a shitty counter. It was just misunderstood and it was thanks to the misunderstanding that I was able to accumulate a sizable position relatively cheaply... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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

Would AK invest in IREIT Global today?
Discovered on 4 Feb 2017 at 7:48 pm
Reader: "I read your analysis of IREIT and how your strategy turned out in August 2015. You said that you wanted a minimum of 8% yield to invest in IREIT. So, you waited. At today's price, you would get more than 8%. Would you invest in it... [[ This is a content summary only. Visit my website for full links, other content, and 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

Take home loan from bank and buy unit trusts!
Discovered on 3 Feb 2017 at 8:35 pm
For fun and laughter only. LOL. Hi AK, I'm new to your site, saw quite a few interesting post from you.. Wonder if I can get some advise and directions to investment... Have $50k spare cash, now searching for what to invest... I have a $500k HDB... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Frasers L&I Trust and CapitaLand Retail China Trust added in January 2017.
Discovered on 2 Feb 2017 at 1:54 am
As REITs will always be relevant to the income investor, I have been thinking of how best to increase my investment in REITs again in an environment of increasing interest rates and I decided I should choose REITs which have a better plan or chance... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

A tale of two HDB flats by Darles Chickens.
Discovered on 1 Feb 2017 at 12:26 am
Chinese New Year is a time of family bonding, catching up with friends and also gossiping. What? Gossiping is not a Chinese New Year tradition? Alamak.  Oh, it is something we do daily? OK lor. Since this is the Year of the Chicken (What? Not... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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...

Good entry price for QAF Limited?
Discovered on 30 Jan 2017 at 10:48 pm
Reader: "Hi, I found out abt ur blog thru Remove Sabana Mgr fb grp. Thks for sharing CNY video from Gardenia. I din know abt QAF. What is ur ave price? Do u think this $1.41 is gd to enter?" AK: "What is my average price for QAF Limited? Is $1.41... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Unbiased New Launch Review – Forest Woods
Discovered on 30 Jan 2017 at 8:56 am
By KK Tong (guest contributor) Launched in early October 2016, Forest Woods showed a strong response from buyers as 337 out of 519 units were sold on the launch weekend. Located at Lorong Lew Lian in District 19, this 99-year leasehold development is jointly developed by CDL, Hong Leong, and TID. A total of 519 […]

We don't have to be smart to be rich!
Discovered on 29 Jan 2017 at 6:37 pm
Recently, I had a blog on three attributes of a wealthy peasant. Prudence. Pragmatism. Patience. We don't have to be smart and we don't have to make a lot of money to become wealthier.  However, we should be prudent, pragmatic and patient... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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

$3K salary a month but saving $16K this year!
Discovered on 28 Jan 2017 at 6:55 pm
Hello AK,<!-- /react-text --><!-- react-text: 1882 -->How are you? One year ago i've start following your blog and chatting with you via FB as well. I got so much things <!-- react-text: 1885 -->to share and update you. After... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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.

2017 – So Far, So Good?
Discovered on 27 Jan 2017 at 12:50 am
By Sani Hamid, Director (Economy & Market Strategy) Rising Risks At the moment, we feel there is a sense of “lingering optimism” that the rally we saw in the second half of last year – from the June Brexit lows which continued and even got a boost from Trump’s November electoral win – is merely taking ... Read more

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!

2017 Chinese New Year lucky 4D.
Discovered on 26 Jan 2017 at 8:04 pm
Watch this one! Very funny one! Don't watch will ai one one! Once again, I peer into my mental bowling ball. Eh, you don't know my bowling ball thinks it is a crystal ball? It is mental.  I am not mental, I tell you. My bowling ball is the one... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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

History with Sabana REIT and current thoughts.
Discovered on 25 Jan 2017 at 10:02 am
The last time I had a substantial blog on Sabana REIT was in October 2015. It was titled "Sabana REIT: What is a fair price and what could they do?" Actually, I thought I would never have another substantial blog on the REIT again but a rights... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Global Stock Market Indices PE Ratio At a Glance (24 Jan 2017)
Discovered on 24 Jan 2017 at 9:33 am
US: Dow Jones Industrial, S&P500, NASDAQ, Russell 2000 Europe: FTSE100, CAC40, DAX Asia: KLCI, STI, HangSeng, ASX200, CSI 300, JCI, SET, KOSPI, NIKKEI 225, SENSEX, TWSE, NZX50, PSEi Best Performer: Argentina Merval index up for 21.73% followed by Brazil IBX index up by 13.45%!. Worst Perfomer: Nikkei 225 down for -3.29% with PE Ratio of 25.25 Singapore STI ... Read more

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.

Who is Donald Trump? How’s his decision can affect your investment?
Discovered on 16 Jan 2017 at 5:30 pm
A short video to introduce Donald Trump’s wealth. Knowing his background may help us to understand more about his decision making and personality, which may give us some insight how he makes decision. This little insight may help to protect our investment portfolio. Enjoy! Coming up event: Free workshop: 2017-02-13 (Mon) Singapore: Trump Era; Where are ... Read more

Weekly Inter Market Analysis Jan 15-2017
Discovered on 15 Jan 2017 at 10:51 am
See previous week Weekly Inter Market Analysis. Original post from http://mystocksinvesting.com SPY (SPDR S&P500 ETF) SPY is trading within a very tight range between the all time high resistance of 227.75 resistance and immediate support at 223.  Probably will see the breakout this week after Donald Trump inauguration as US President. Immediate resistance at 227.75 Immediate support: about 223 ... Read more

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

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

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

Singapore REIT Stock Shortlisting Bubble Charts January 2017
Discovered on 10 Jan 2017 at 8:13 am
Bubble chart derived from January 2, 2017 Singapore REITs Fundamental Comparison Table. From the charts, it can be seen that there are closing yield spread between big cap and small cap REITs; and more REITs Price/NAV valuation becomes more attractive now (Bubbles shift to the left). This makes the under value big cap REIT with higher distribution ... Read more

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

Weekly Inter Market Analysis Jan 8-2017
Discovered on 7 Jan 2017 at 11:31 pm
See previous week Weekly Inter Market Analysis. Original post from http://mystocksinvesting.com SPY (SPDR S&P500 ETF) Profit taking after SPY reached the all time high of 227.75 entering into 2017.  SPY immediately rebounded after a small retracement back to 223 support. A healthy retracement is needed for SPY to move higher. Take note that bullish seasonal cycle between Nov ... Read more

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

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...

Singapore REIT Fundamental Analysis Comparison Table – 2 January 2017
Discovered on 1 Jan 2017 at 10:49 pm
FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreases from 722.05 to 709.49 (-1.74%) compare to last post on Singapore REIT Fundamental Comparison Table on Dec 5, 2016. The index is trading below the 200D SMA.  Take note that the 200D SMA is no longer sloping up and is currently flat. If the index continues to trade below 200D ... Read more

2017 Singapore Savings Account Rates
Discovered on 1 Jan 2017 at 10:30 am
Welcome to Singapore Savings Account Rates 2017 Welcome! Another year is upon us. Where will savings account rates head to in 2017? How high will interest rates rise in 2017? At Singapore Savings Account Rates blogspot dot com, we will bring you new updates on savings and other banking accounts in Singapore. Thanks for your support! Let's hope for a great 2017! Thanks for reading

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

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...

POSB eSAVINGS Account
Discovered on 11 Dec 2016 at 10:30 am
POSB eSAVINGS Account Singapore Savings Account Rates blogspot dot com is the online presence that shares the best, the latest and the most up-to-date 2016 Singapore savings account rates and savings bond rates in Singapore. Singapore Savings Account Rates helps you to earn cash from savings accounts, savings bonds and other financial investments in Singapore. 2016 Singapore savings accounts

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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...

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

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

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

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

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

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

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

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...


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