Author: A Path to Forever Financial Freedom (3Fs)

Singapore Pools to take more market share in Singapore

Singapore Pools – Towards Community Purpose and Benefit A couple of weeks ago, the government plans on the possibility of limiting access to online gambling platforms and sites. They quote the reasons as being harmful and people will get addicted easier when betting online than on site. Being a regular in this field, I can vouch that it is absolutely true and fair enough to the government for doing that. Then the news came (not sure whether they are really doing that or not)… Singapore Pools are now looking to launch their first licensed gambling website to be based...

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"Dec 13" – SG Transactions & Portfolio Update"

 No.  Counters No. of Lots Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. FraserCenter Point Trust 30 1.75 52,500.00 24.0% 2. SPH 7 4.00 28,000.00 13.0% 3. Vicom 6 4.85 29,100.00 13.0% 4. Ascott Reit 15 1.17 17,550.00 8.0% 5. FraserCommercial Trust 14 1.23 17,220.00 8.0% 6. Neratel 20 0.68 13,600.00 6.0% 7. First Reit 13 1.04 13,520.00 6.0% 8. SembCorp Ind 2 5.22 10,440.00 5.0% 9. ST Engineering 3 3.78 11,340.00 5.0% 10. China Merchant Pacific 8 0.91   7,280.00 3.0% 11. Plife Reit 3 2.18   6,540.00 3.0% 12. Second Chance 13...

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Recent Actions – ST Engineering X’mas Sale

First warchest for ST Engineering activated and my first X’mas present for the month :) I entered a small position for ST Engineering today at $3.80 after a few days of general continuous decline in the STI market. ST Eng has always been a stock that I’ve always liked due to its defensive nature. I’ve previously bought and sold the stock for massive profits and now I am glad to have them back at a price I am comfortable to hold them again. At current price, they are slightly below the 5 years historical PE mean of 20.62. With...

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How will S-Reits perform in 2014?

With just over less than a month to go, it seems that investors favorite, S-Reits will end up its performance in 2013 in negative territory. To date in 2013, S-Reits have returned -7.7% price return YTD, underperforming the STI ETF by 6.4%. This is in stark contrast to the stellar performance it has given investors in 2012, registering a 41% price increase in previous year. So how will S-Reits perform in 2014? With impending QE fears on the rise, it looks like many investors and analysts are not favoring and considering S-Reits as part of their portfolio for 2014....

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Ascott Reit – Rights Units Applications

Results of Rights Units Applications for Ascott Reits are as follows: No. of Rights Units % of Rights Issue Valid Acceptances 246,557,766 97.2 Excess Applications 168,453,301 66.4 Total 415,011,067 163.6 From the results, it seems many investors subscribe to the rights allocation they were entitled to. In fact, only 2.8% were available for the excess applications. This came as a surprise as Reits are generally getting weaker and weaker each day from the news of Fed tapering. Perhaps, the huge discount plays a big factor in subscribing, at least that’s for my...

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When is the market going to crash down?

This has been the Billion dollar question for everyone since we had Dow hitting record high 16,000, S&P hitting record high 1,800 and Nasdaq hitting record high 4,000. It has been common that when major indexes hit their respective record high, retail investors become more wary of their reversal turnaround and expecting a crashdown in the stock market. My colleague at work says that Mar 2014 is the turnaround day the market will come crashing down. Another colleague says the Fed will extend its buying program and keeps interest low until 2015. Research Analyst at UOB mentioned investors to...

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The Myers Briggs Personality Test and How much should you be earning?

Many companies have now used the Myers Briggs Personality Test as the first round of elimination to search for suitable candidates. I remember the time when I had to do some sort of the Myers Briggs test for my current job. Applying for an Accountant position, it is a no brainer that they are looking for some sort of good organization, set-up and comfortable with numbers. If you are a creative type of person, then perhaps you might want to consider being an Accountant. The Myers Briggs test are broken down into 4 main categories which is then further...

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Recent Actions – Boustead runs on Steroids

With the recent Dow and S&P hitting the high 16,000 and 1,800 respectively, it seems no stopping the market going higher and higher. This is despite all the tapering noise that we are hearing for months now. On the local market, we don’t seem to have a run-up well above the 3,200 mark on the STI. It seems that markets are lost for directions and there simply no company that can well lead the way for the STI. One position I’ve made today is liquidating all my shares for Boustead. I’ve divested them away at $1.585 for 6 lots...

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"Nov 13" – SG Transactions & Portfolio Update"

 No.  Counters No. of Lots Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. FraserCenter Point Trust 30 1.81 54,300.00 25.0% 2. SPH 7 4.25 29,750.00 13.0% 2. Vicom 6 4.90 29,400.00 13.0% 4. FraserCommercial Trust 14 1.265 17,710.00 8.0% 5. Neratel 20 0.695 13,900.00 6.0% 6. First Reit 13 1.075 13,975.00 6.0% 7. Ascott Reit 11 1.225 13,475.00 6.0% 8. SembCorp Ind 2 5.39 10,780.00 5.0% 10. Boustead 7 1.52 10,640.00 5.0% 11. China Merchant Pacific 8 0.895   7,160.00 3.0% 12. Plife Reit 3 2.25   6,750.00 3.0% 13. Second Chance 13 0.455...

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Does your workplace practice Curvebell Ranking Appraisal?

I remember the days when I had to take classes and exams that used the curvebell system to determine one’s grade. This means that even if you scored 80 out of a 100, you may still score a C, provided the rest are as or more competitive than you do. Those were the days. Moving to working environment, I’ve always thought that only the investment banking and the front sales people get graded based on their performance metrics. That means the more sales you pull in for the company, the more commission you make and the better your appraisal...

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Dividend Updates – Loving the early Christmas presents

We are almost towards the final few months into the new year and I am thrilled to see my early Christmas present in the form of passive income dividends. It’s great to see when your dividends income are growing and which will get closer day by day to covering your expenses.   Although not as impressive as the ones I previously received in the traditional month of May and Aug, I’ll still take this with a great leap of pride. A pride that shows constant improvement year after year and their organic growth which will increase over the long...

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Ascott Reit – Subscribing to Rights Issue?

As investors of Ascott Reit, the news surrounding is whether you will subscribe or reject the offers for a 1-to-5 rights issue at $1. The Management has stated its intention to use the gross proceeds of approximately S$253.7 Million from the Rights Issue in the following manner: (i) approximately S$204.9 million (equivalent to approximately 80.8% of the gross proceeds) will be used to pay down Ascott REIT’s debt; (ii) approximately S$45.0 million (equivalent to approximately 17.7% of the gross proceeds) will be used to fund capital expenditure and asset enhancement initiatives, and for general corporate and working capital purposes;...

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Reconciling between achieving Partial vs Complete Financial Freedom‏

1,2,3…Set….Go. I’m sure all of us remember the day we started off our financial journey. We knew the road to financial success will be a long and daunting process yet at the same time we feel excited to finally get off the mark on a new adventurous journey. Those were the days. Roll forward to the present days, are your motivation still around? If the answer is yes and you are still hanging on just like me, then give yourself a pat on the back. No matter where you are and how much you’ve accomplished, you’ve done a great...

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ValueMax IPO – Is it worth getting it?

For some reason, I don’t usually get lucky in IPO balloting process, especially if they are those which are oversubscribed by many fellow retail investors. The latest incident was the SPH Reit. Balloted and failed. Another $2 wasted. This week, we have the “ValueMax Group”, one of the oldest pawnbroking chains in Singapore, launching a $70 Million IPO seeking to be the first in its industry to list on the mainboard of the Singapore Exchange. Previously, MoneyMax and MaxiCash have been listed on the catalyst. Based on the way the company is offering the shares to the public, it...

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