Author: A Pen Quotes

Finding a Broker to trade US and Hong Kong stocks

I came across this article by the Fifth Person: “How to open a brokerage account in Singapore (and how to choose the right broker)” (read here). In the article, it mentioned the following: “I’ll assume you plan on trading in the local stock market since you’re to looking to open a brokerage account in Singapore. But besides the SGX, you may also be interested in stocks listed in foreign markets like Malaysia, Indonesia, Thailand, Hong Kong, the U.S., etc. If that is the case, you probably want to check if a broker offers you access to the markets you want. Do...

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Buy move after a long while

I recently bought some stock. Yes, I know that market valuations are not cheap and that there are relatively more risks involved to invest now. My long term goal is ultimately to increase my war-chest. Iconic hedge fund manager Seth Klarman says investors are missing huge risks (read here) However, I do believe that in some situations, these warrant a second look. And perhaps a buy move. One such situation is when the company management made a blunder which indirectly affect the future revenue prospect of the company as a whole. Yes, the price trend could be down in...

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Would you give up your bike for oBike?

I don’t particularly use oBike a lot. When I go out with my family I can’t really use the oBikes. My kids are too young and my wife does not know how to ride a bike. However, I do use it occasionally after work and during the weekends, especially when there are free rental promotions. I could use some exercise when the weather is not too hot or when it is not raining. I don’t own a bike myself, but I do wish some time that I had a lighter bike with multiple gears. I reckon I would need to...

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The Unequal world of Interns

[embedded content] Well, you know, things aren’t always what they seem to be. What can I say, cosmetics does wonder. The ZERO dollar Trainee I do believe that law graduates get paid higher than most other graduates from other faculties (well at least during my time – when I graduated in the early 2000s). Yes, I know the hours are hard and the work is punishing, but hey, at least they are paid well… right? There are after all jobs that are punishing and you get paid peanuts. In fact, looking at this recent article (see below), law graduates from...

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QAF (Intrinsic Value and Trailing PEG)

I have previously written about QAF Limited on 7 July 2016 (read here). If I am not wrong, the stock price then was around SGD 1.08. On 22 June 2017, the stock price of QAF is SGD 1.325. Well, I did mention that I will keep an eye on this stock. I did a quick study on the financial statistics. In comparison to the statistics in July 2016, there appears to be an improvement, namely: The trailing P/E is now lower at 6.31 while Price/ Book is about the same. Overall, the stock is still undervalued (surprisingly given the...

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Portfolio Update

This will be just a quick update on my portfolio. Basically, it has been rather uneventful. I am still in a net cash holding position in relation to my stock holdings. For this month, I did not divest any of my stock holdings. Personally, I am pretty comfortable with my holdings. Robert Shiller: With stock valuations high, it’s time to reduce your holdings (read here) I have been doing some internal adjustment to my holdings: I topped up my SRS account. Transferred money from my CPF OA account to the CPF Special account. Bought Insurance: An Enhanced Incomeshield policy (Hospitalisation)...

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Which is more profitable? High Dividend Yield Singapore Stocks or Dividend Growth Singapore Stocks?

I was reading some of my old posts and came upon a post, written in May 2016 about the difference between high dividend yield vs dividend growth stocks. That post came about because I was then reading a book about Income Investing (Income Investing with Bonds, Stocks and Money Markets by Jason Brady- click here). In the book, Jason highlighted that given the choice, he would choose the latter: consistent dividend growth. It is easy finding US stocks with a long history of increasing dividends – they are known as Dividend Kings. 2017 Dividend Kings List: Dividend Stocks with 50+ Years of Rising Dividends (read here) Not that easy in our local...

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Rock Solid Shares to start the year 2015 with – where are they now?

I have previously written a post in August 2015, about the status of the shares classified as Rock Solid Shares to start the year 2015 with by The Motley Fool. Rock-Solid Shares to Start 2015 With (read here) According to The Motley Fool as stated in the article above, the Great Ones which have impressive returns on equity without the use of heavy leverage are: Raffles Medical Group Ltd (SGX: R01), Silverlake Axis Ltd (SGX: 5CP), Kingsmen Creatives Ltd (SGX: 5MZ), Vicom Limited (SGX: V01) Incidentally, Raffles Medical Group Ltd was also mentioned in the below article by The Motley Fool in August 2014....

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Work is better when you don’t need the money

I first came across the above statement when I was watching this talk by Frugal Guru Pete Adeney (from Mr. Money Mustache blog). All my life after graduation, I have been in a job. In my 20s and early 30s, I worked really hard. Managed to pay off my student loan, HDB mortgage, got married and have 2 kids. I did not really think much about whether I like my job or not. It was satisfying at times, shitty plenty of times…(kind of remind me of the relationship with my kids)…. but when you are busy, you seldom think about...

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My thoughts on this tiny stock: Singapore Kitchen Equipment (SKE) Limited

Singapore Kitchen Equipment (SKE) Limited is a tiny stock listed in the Catalist. It was only recently listed on the Catalist on 22 July 2013, and has a market capitalization of only S$24 million. The Business Singapore Kitchen Equipment (SKE) Limited, operating with the trade name Q’son Kitchen Equipment Pte Ltd (Qson), since established in Sept 1996, had gone from strength to strength, providing back end food preparation and cooking solutions. The Group’s two key business segments are Fabrication and Distribution Segment and Maintenance and Servicing Segment. Fabrication and Distribution Segment Qson is a savvy fabricator of stainless steel products for...

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Review of Quarter Results (Vicom, Riverstone, ISOTeam, Colex, Sarine Technologies & Golden Agri Resources)

Actually, I am quite an impatient person. Perhaps it is because of my job, or me living in fast pace Singapore where everything is about efficiency, or it is just my character…. However, I feel that I might have mellowed down over the years. When it comes to investing, I think I have definitely ‘mellowed down’… I seldom trade, I read more and basically just wait most of the time. Investing in a way has made me very patient – the kind of patience found in watching the ‘wall paint dry’. At some time, it can be painful (even...

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Old Chang Kee

As stated in my earlier post, Old Chang Kee trailing dividend yield was at 3.45% on 12 March 2017. It isn’t a very high yield (esp. as compared to the business trusts and REITs). So you may be scratching your head, wondering why I put this in the ‘dividend’ stock list. However, in an environment of rising increase rates, whereby the normal yield of stocks is hovering around 2% to 3%, a 3.45% trailing dividend yield is actually not too shabby. In 2016, its dividend yield was a good 6.9%. And that is not excluding the rise in the...

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Loading up on my War Chest

I have previously done a post about ‘spring cleaning’ my stock portfolio on 5 March 2017 (read here). With equity valuations looking a bit rich, I reckon it would be good to raise the percentage of my cash holdings. On 11 Feb 2017, I did a short post on an update to my portfolio. The percentage of my Savings & SRS (cash) then was at 13%. Earlier on 4 Sept 2016, the percentage of Savings then was only at 8% (read here). I recently sold my Super Group shares, just a couple of days prior to receiving the package pertaining to...

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Random thoughts on RHT Health Trust

I previously wrote a post whereby I included a short list of my so-called ‘dividend stocks’ (see below). I am sure there are many other high yield stocks, and I probably would have missed them out (probably due to my lack of time and resources to do so). However, nevertheless, I do intend to pen down some of my thoughts here as to why I am looking at these stocks.Hope it helps to sort out my thoughts. Of course, my thinking would probably change in the future (depending on how the company and stock prices perform). Before I continue, I...

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Short list on ‘dividend’ stocks

I think this desire for dividend income is always there. The idea of passive income is always alluring. And why not? What’s wrong with investing for the sake of having passive income? Why invest in something that doesn’t produce much dividend (with no income – it is not even an asset). My approach to stocks emphasized more on the growth and balance sheet of the companies. Perhaps the idea of peace of mind is more important to me. However, like I said earlier, I do like to expand my portfolio to include higher dividend yield stocks. Nowadays, with rising...

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