Cory Diary : Sheng Siong 4Q’2016

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Is another profitable period for Sheng Siong. A growth and relative good dividend stock. The Rev/Profit growth is so persistent that every quarter seems like a norm, What I like most is it provides basic essentials therefore relatively recession proof. A mix of growth and yield stock, how much growth imo depends on how fast it can expands and idle cash available to support the expansion … [Read more...]

How Heartland Boy Earned $1058 Cashback In 2016

2017 was the first year that Heartland Boy officially stopped receiving angbaos. This meant that he can no longer rely on red packets to grow his annual savings. However, Heartland Boy received greetings and well-wishes from the recipients in exchange. To be able to see the smiles on the children’s faces reminded him that he has now matured into a full-fledged adult with more responsibilities. Now … [Read more...]

Saving : Monitoring your Expenses or Behavioral

Personal Cash Flow Management I have seen many blogs written about monitoring the expenses and some some blogger's recommendation of apps which could monitor our expenses in detail . Frankly, I didn’t monitor my expenses in such manner and I “ agak-agak”  know how much I spent monthly on those fix items and some major items yearly such as holidays & staycations , insurance , home … [Read more...]

Added Centurion Corporation Limited to my portfolio.

I was introduced to Centurion Corporation Limited by a friend some time ago. He went in early, made his money, a lot of money, and scooted. Clever fellow. AK is more of a plodder when it comes to investments. Investments which pay dividends consistently and meaningfully get his attention. A judicious amount of leverage is acceptable but too much leverage is scary especially now that interest … [Read more...]

Divested my physical gold

Recently, I partially divested my physical gold for 10% yield amid the rally in gold price. The reason for selling my gold is not because I lost faith in it but solely to consolidate my funds to prepare for the impending Temporary Occupation Period (TOP) for my Executive Condominium. The average annual yield from my physical gold investment is about 3.33%. Although the return is nothing to … [Read more...]

HPH Trust: DOWN but NOT OUT

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Hutchinson Ports Holdings Trust, more commonly known as HPH Trust traded at USD 39 cents per share on 23 Feb 2017. This stock price is near to the Trust’s lowest. To illustrate how low the stock price is now down, the Trust IPO price in year 2011 was USD 1.01 dollars. So now HPH Trust is trading at around 60% discount from its IPO price. The business fundamentals are reasons to why the Trust is … [Read more...]

My Keppel and Sembcorp in the Green

I've been so lazy (and also because the markets are sooooooooooooooooooooo boring) that I haven't done an update post to my SGX portfolio since April 2016, haha! On the bright side, I do update the figures and it's all on my sticky page, I just haven't had the time to make a full post on it. Guess what? I'll try to do one for end of Feb 2017, all right? No promises though. I might forget, … [Read more...]

TalkMed FY2016 Financial Result & Proposed issue of Bonus shares

On 22 February 2017 , TalkMed had announced a bonus issue of new ordinary shares in the share capital of the Company (the “Bonus Shares”) to the shareholders of the Company on the basis of one Bonus Share for every one existing ordinary share . It is definitely a good news to me as the price have surged up by more than 30% based on my entry price. I might dispose some of my TalkMed shares … [Read more...]

Rising Government Spending Bodes Well for Healthcare Sector

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The SGX All Healthcare Index generated a total return of 16.2% over the past 12 months, outperforming the MSCI AC Asia Pacific Ex Japan Healthcare Index and the MSCI World Healthcare Index, which generated total returns of -0.5% and 10.4% respectively. The five best-performing stocks in the SGX All Healthcare Index excluding International Healthway Corporation are Talkmed Group (+35.8%), … [Read more...]

2 reasons to stay away from Snap’s IPO

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(You may refer to Snap's S-1 filing here) To say that I am not a big fan of Snap's IPO would be an understatement - I would not touch Snap's IPO even with a ten foot pole. Here are the 2 biggest reasons: 1) No voting rights Source: Snap's S-1 filing Snap has 3 classes of common stock, and are offering only class A - those without any voting rights. What this essentially … [Read more...]

Singapore Budget 2017 – U-SAVE GST Vouchers

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Announced on the 20th February 2017's Singapore Budget, Singaporeans will receive their annual U-SAVE GST vouchers for year 2017. The U-SAVE GST Voucher is used to help households reduce their utility bills. This year, there will be an increase in the U-SAVE Vouchers to help families cope with their utility bills that are set to rise. The amount will increase by $40-$120, depending on flat … [Read more...]

WHY the STI ETF might still be ATTRACTIVE?

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Dear readers, if we look at the Singapore stocks benchmark indicator STI, it is currently hovering around the 3,100 mark. The STI benchmark is made up of the top 30 companies in terms of market capitalization. If we compare the STI benchmark across a continuum, the range is from below 2,000 (corresponding to stocks markets downturns) to above 3,000. Then, if we look at the constituent stocks of … [Read more...]

11 Malaysian REITs that made you money if you invested from their IPOs

Last week, I wrote an article about 15 Singapore REITs that would have made you money if you invested from their IPOs. Out of the 19 S-REITs that have been listed for listed for at least 10 years, 15 of them gave a positive overall return for investors. In this article, we will look at their counterparts from across the causeway and do a similar study on the performance of Malaysian REITs … [Read more...]

Three things about growing wealth

This will be a short post to capture my thoughts about growing wealth in Singapore. In light of the recent Budget announcements, water prices will hike by 30% in two phases over two years. Thus, it is not matter of choice for Singaporeans to consider growing their wealth to beat the cost of living. All Singaporeans must start the journey as early as possible. Stop tracking expenses Early on … [Read more...]

Equity Management #3 : The Dividend Discount model is overrated

One of the fundamental building blocks taught in the CFA is the dividend discount model or DDM. In Chapter 4 of the Equity Management book, empirical studies would succeed at demolishing the explanatory power of DMM when it comes to stock returns. For the novices, the dividend discount model is basically the  idea that a stock price should be the net present value of all future dividend … [Read more...]

Are hackers outsmarting our banks in their security measures?

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A year ago, news first emerged that hackers may have found a new way to outsmart our banks in their security measures, even after they introduced their 2-FA authentication protocol where consumers would have to key in a One-Time Password (OTP) sent to their mobile phone whenever they make an online transaction using their credit card(s). Their method? Just hack into the victims' mobile phone, … [Read more...]

First big spending in 2017

If you had read about 穷小子's style, you would have known that he does not like to have huge spending. Furthermore, he paid them on the spot this time without any much delay. So what did he had bought exactly? A trip to Turkey, with Air Tickets, Hotels and taxes all in, excluding the tipping and optional. That's right. 穷小子 loves to travel. When was the last time when he spent thousands? Hmm. … [Read more...]

GMGH’s Top 12 LEGIT Korea Travelling Tips

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I don't know about you, but I searched the internet for travel tips for Korea and I got really stupid tips. As someone who just came back from a 14 day trip to Korea and can actually speak (some) Korean, I'd like to share with you my LEGIT tips about Korea! You don't NEED to buy any special train ticket to get from Incheon Airport to Seoul Just like Narita-Tokyo which has the Skyliner … [Read more...]