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September 2018 – Yaruzi’s Portfolio Update
By Yaruzi's Learn 2 Live  •  October 1, 2018
September was an exciting month. Keppel Corp & SPH joined forces to offer $2.06 a share to take M1 private. It's a smart move for them to make such an offer when M1 traded near it's 5 year low. Looking at the last closing price of $2.11, I thought it would be unlikely for the other M1 major shareholders to accept the offer price. A bidding war might just be on the card. It's going to be interesting, though I may not be as excited as B from Forever Financial Freedom or STE from STE Stock Investing Journey, as my M1 holding is only 0.49% of my total portfolio. Another Singapore telecommunication player, Starhub, announced that it would make a change in it's organisation structure that could result in layoffs amongst it's 2,500 employees in a bid to stay "agile and lean", ahead of new challenges, ......
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By Yaruzi's Learn 2 Live
I live in Singapore with my wonderful wife and 2 kids. My wife is a stay-home mom, while I'm the sole breadwinner. I work as an engineer. I started investing in unit trust in July 2012. I was 36 years old then. My goal was to build assets and passive income for my retirement. I'm particularly interested in dividend investing, and I intend to build my own dividend portfolio.
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