Shares & Derivatives
SRS portfolio – 31 Dec 2013
By Mr. IPO  •  January 10, 2014

Dividend

Received dividends of $100 from UMS in December. The company had proven me wrong in many ways. When I first purchase this stock I was quite apprehensive, not sure if this tech related stock is able to pay dividends as promised. For those who just joined, the company promises to pay 1c every quarter and so far, my meagre 10 lots have been giving me at least $400 every year. The dividend plus the lack of volatility is actually quite "ideal" for a long term hold and the share price has been appreciating steadily. 

S chips

I added one S chip counter this week in the environment space. While I am wary of China stocks, I decided to give this counter a chance to prove me wrong. Haha. I will blog about it next time or you will see it being reflected in my statement in Jan. 

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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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