Shares & Derivatives
SPH & Suntec REIT
By Mr. IPO  •  September 23, 2013
SPH


I continue to rationalize my SRS portfolio today, taking advantage of the strong run-up to divest SPH at a small profit, which in my view, continues to face challenging times ahead. Many print media globally have gone bankrupt if they don't move with time and with SPH listing its properties and currently trading at 18x historical PE multiple and a yield of less than 4%, i think it is time for me to move on and focus on investing in good quality small to mid caps.

While giving me a small profit from my entry price of around $3.70, SPH has treated me well, giving me at least $930 in dividends alone over the past few years.

Suntec REIT


I also said goodbye to Suntec REIT. My purchase price was at $1.545 in June 2013.Coupled with the dividend of $112 received in Aug, my return from ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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