Journey To Retirement Part 10.1 — CapMallsAsia Bond

As of 12th Jan 2017, CapMallsAsia has finally redeemed all its outstanding bond, CapMallA3.8%b220112 and that signaled the end of my investment in it.  For the 5 years period of investment, capital return is 0%, typical characteristic of bond when redeem at par value and interest return was 20.94%, annualized to be 3.87%. I was not a strong believer of bond investment despite the fact that it … [Read more...]

Strategic Investor 2016 Review

FTSE STI ended the year 2016 at 2880.76 compared with 2882.73 a year ago, representing a drop of 1.97 points or 0.068%.  A relative flat market despite being a volatile year.  Below is the review of my investment portfolio for 2016 vs portfolio for 2015. 2016 2015 Variant Unrealized Gain/Loss    +37.84%    +31.97%    +18.36% Realized Gain/Loss    +10.73%   … [Read more...]

Portfolio — Dec 2016

StockHolding Price*Market PriceUnrealized Profit/LossDividend ReturnNon-StrategicCapitaMall Trust$1.155$1.885+61.00%+65.03%First REIT$0.609$1.265+107.21%+89.93%Genting SP$0.5314$0.905+69.72%+13.17%KepCorp$7.4156$5.79-22.28%+37.37%SIA$12.0697$9.67-20.29%+30.28%SingPost$1.0093$1.465+44.55%+42.82%MapletreeInd Trust$0.8537$1.645+91.33%+49.73%CapMallA3.8%b220112$1.00$1.02+1.06%+19.02%Kep DC … [Read more...]

Journey To Retirement Part 1.3 — Genting SP

Was quite eventful for Genting SP the past 2 months.  Firstly, on 11th Nov 2016, Genting SP announced the divestment of its stake in the Jeju IR in South Korea (refer here).  Then on 15th Dec 2016, Japan Government finally legalized casino after the idea was first debated in 2013. The divestment of Jeju IR was quite a shocked to me given that next year the IR will commence operation and to … [Read more...]

Portfolio — Nov 2016

1. Received SIA dividend of 9 cents/share 2. Received Genting SP dividend of 1.50 cents/share 3. Received SingPost dividend of 1.00 cents/share 4. Sold partial MapletreeCom Trust share obtained through preferential offering at $1.52 (vs $1.42), the capital channel to Kep DC Reit preferential offering.  MapletreeCom Trust holding decreased by 34.15% and Strategic cost reduced from $0.239/share … [Read more...]

Journey To Retirement Part 14.1 — MapletreeCom Trust

Sold 80% of the right issue allotment at $1.52, $0.10 above the right issue price of $1.42.  The reason was pretty much strategic and act accordingly to Sun Tzu Art of War (孙子兵法).  As such, the overall cost of the "Strategic" section of the portfolio went down from $0.239/share to $0.0419/share. Why 80% and not whole of everything ?   Well, the sale proceed of that 80% is just nice enough to … [Read more...]

Portfolio — Oct 2016

1. Entitled Kep Reit scrip dividend or cash dividend of 1.6 cents/share 2. Received First REIT dividend of 2.12 cents/share 3. Entitled FrasersCom Trust scrip dividend or cash dividend of 2.4531 cents/share 4. Received CapitaMall Trust dividend of 2.78 cents/share 5. Received Frasers Cpt Trust dividend of 2.815 cents/share 6. Entitled Mapletreelog Trust dividend of 1.86 cents/share, scrip … [Read more...]

Portfolio — Sep 2016

1. Received scrip dividend for Mapletreelog Trust increasing holding by 22.48% 2. Received scrip dividend for CapitaRChina Trust increasing holding by 38.60% 3. Strategic cost/share reduced from $0.2529 to $0.2390 Stock Holding Price* Market Price Unrealized Profit/Loss Dividend Return Non-Strategic CapitaMall Trust $1.155 $2.17 +85.52% +62.63% First … [Read more...]

Journey To Retirement — CPFIS

10 years ago I opened my CPFIS investment account to start my journey in stocks investing with CPF money.  After a decade, the conclusion I get from those experiences is you can only achieve good return (beating that 2.5% pa on OA) if you do it correctly, that is through long-term fundamental or value investing.  There has been talk on CPFIS is not "fit for purpose", time for review, etc lately. … [Read more...]

Portfolio — Aug 2016

1. Entitled CapitaR China Trust scrip dividend or cash dividend of 5.32 cents/share 2. Received SIA dividend of 35 cents/share 3. Received SingPost dividend of 1.5 cents/share 4. Increased MapletreeCom Trust holding by 74.35% through preferential offering at $1.42/unit 5. Received scrip dividend for Kep REIT increasing holding by 27.93% 6. Received FrasersCom Trust scrip dividend increasing … [Read more...]

Stock Incubator

Started in 2010 decided to put aside a portion of money from my trading capital to buy a stock, which I deemed could provide multi-fold return in the future, under observation.  Once certain conditions are met, the stock will be transferred to my long-term investment portfolio.  As such a move is relatively higher risk than the usual investment, only a small portion of capital is … [Read more...]

Portfolio — Jul 2016

1. Received CapMallA3.8%b220112 interest payment of 1.9% 2. Strategically increased First REIT holding by 0.39% at $0 cost, thereby reducing holding price from $0.6114 to $0.609 3. Received First REIT dividend of 2.11 cents/share 4. Received Frasers Cpt Trust dividend of 3.04 cents/share 5. Received SingPost dividend of 2.5 cents/share 6. Received Kep DC Reit dividend of 3.34 cents/share 7. … [Read more...]

Portfolio — Jun 2016

1. Received MapletreeCom Trust scrip dividend thereby increasing holding by 9.79%2. Received Mapletreelog Trust scrip dividend thereby increasing holding by 44.66%3. Strategically increased holding of MapletreeCom Trust by 8.03% at $0 cost4. Strategically increased holding of Frassers Cpt Trust by 11.11% at $0 cost thereby reducing holding price from $1.80 to $1.63145. Entitled CapMallA3.8%b220112 … [Read more...]

Journey To Retirement Part 1.2 — Genting SP

2016 is the 10th year that I have vested in Genting SP share.  Bought into it in April 2006 after knowing that Singapore was going to build 2 IRs then and Genting SP was one of the company going to bid for one of the IR.  This will be the 2nd longest stock I have ever hold in investment with SingTel being the longest after holding for 14 years from start of IPO in 1993 to 2007. I was pretty … [Read more...]

STI Expanding Triangle ?

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With FTSE STI 2,800 level broken today, this has invalidated the Elliott Wave 3 previously described (What's Next For STI ?).  However, the uptrend since the rebounding at 2,540 still yet to be invalidated.  As such, technically, STI still on the uptrend.  With wave 3 invalidated, current STI will have to reconsider as wave 2.  These wave 2 is not the typical 3-pattern (A,B,C) type but on a … [Read more...]

Portfolio — Apr 2016

1. Change Strategic section Unrealized to represent a percentage of the total cost of Non-Strategic section 2. Strategically increased holding of First REIT at $0 cost by 0.794%, reducing holding price from $0.6163 to $0.6114 3. Strategically increased holding of MapletreeCom Trust at $0 cost by 10.71%, reducing total cost for Strategic section from $0.0979/share to $0.0951/share 4. Entitled … [Read more...]

What’s Next For STI ?

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A follow up to the previous post of "Has STI Bottom ?", it should be confirmed that Elliott Wave 3 already started after STI broke the 2906 level last week. The Wave 2 retracement which was expected to hit between 2,680 to 2,770 didn't materialize as STI only pulled back to a level around the 2,800 level.  That doesn't mean it is invalid in Elliott Wave as the theoretical retracement level is … [Read more...]

Portfolio — Mar 2016

1. Change name of "Cashless/Strategic" to "Strategic" so that investment only has 2 categories - "Non-Strategic" and "Strategic" 2. Added "Unrealized" Gain/Loss for "Non-Strategic" section 3. Added "Unrealized" Gain for "Strategic" section 4. Strategically increased First REIT holding by 0.40% at $0 cost, reducing holding price from $0.6188 to $0.6163 5. Received MapletreeInd Trust scrip … [Read more...]

FinTech & Investing — Been There, Done That, Move On !!!

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FinTech, a hot topics for finance sector at the moment.  What's exactly is FinTech ?  According to Wikipedia, FinTech stands for Financial Technology, is an economic industry composed of companies that use technology to make financial services more efficient.  When comes to investing in stock market, the term robo-advisers tells all about FinTech. Well, FinTech is not new to me as back in 2013 … [Read more...]

Has STI Bottom ?

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As a follow up to the previous post, How Low Can STI Go ? and with FTSE STI closed at 2,837 on 4th Mar 2016, some interesting event has triggered. Recap of the previous projection based on Elliott Wave, STI was in wave C sub-wave 3 with sub-wave 4 and 5 to go before eventually hitting the bottom.  However, referring to the chart below, there is a violation in the Elliott Wave count. As FTSE … [Read more...]