Author: ccloh Strategic Investor Zone

Portfolio — Oct 2019

Investment Portfolio 1. Increased Kep DC Reit holding by 13.64% due to preferential offering at $1.71/unit.  Holding price increased from $0.9174/unit to $0.9946/unit2. Cash decreased from +31.03% to $29.75% due to preferential offering of Kep DC Reit3. Received CapitaMall Trust dividend of 3.06 cents/unit4. Received Frasers Cpt Trust dividend of 2.913 cents/unitStock Holding Price* Market Price Unrealized Profit/Loss Dividend Return Non-Strategic CapitaMall Trust $1.155 $2.54 +117.33% +93.39% First REIT $0.5973 $1.02 +70.36% +125.62% Genting SP $0.5314 $0.94 +76.30% +31.99% KepCorp $7.4156 $6.86 -7.86% +47.07% SIA $12.028 $9.41 -22.17% +36.99% SingPost $1.0093 $0.96 -5.47% +51.24% MapletreeInd Trust $0.8143 $2.55 +211.72%...

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Stock Incubator — Valuetronics Holdings Ltd

Finally, after 2 years and 4 months, I’ve double the holding in Valuetronics Holdings Ltd at $0 cost. Started investing in Valuetronics Holdings Ltd in Jun 2017 taking the opportunity of then 1 for 10 bonus issue (refer here).  During those periods was waiting for opportunity to add more at bargain valuation after putting aside designated capital in the Stock Incubator portfolio.  At the same time feeling nothing to lose also adopt the 孙子兵法 strategy that I was using in the Strategic portion of my Investment portfolio.  Slowly and with utmost patience, a milestone has reached whereby the holding...

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STI Analysis — the next peak and trough ? (54)

Continued from STI Analysis — the next peak and trough ? (53) Global markets trend higher after US-China claimed they are moving towards agreeing on phase 1 of the trade deal in November.  Do note that this has not changed the damaged already done due to the trade war.  Phase 1 probably just rewind the development back 1 step.  For STI, nothing has changed in term of Elliott wave analysis, neither the STI-2 nor the STI-N has been invalidated. STI-2 As shown above, current move up for STI is the SuperCycle wave 3, Cycle wave 3, Primary wave 1,...

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Journey To Retirement Part 6.1 — SIA

2019 marks the year that I’ve invested in SIA for a decade.  This will be the 5th stock in my investment portfolio after Genting Singapore, First Reit, SingPost and CapitaMall Trust to be in the “10-years club”.  So anything to cheer about ?  Afraid not from the perspective of return.  Invested in 2009 at a price of $11.12 and adding some more a year later to make the holding price at $12.07.  At the price of $9.1 on 21st Oct 2019, this gives an unrealized loss of -25.01% (annualized -2.84%) and a dividend return of +36.99%.  This produces an...

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Corporate Result — Oct/Nov 2019

1. SPH REIT  —  10th Oct 20192. Kep Infra Trust  —  14th Oct 20193. SPH  —  14th Oct 20194. Kep DC REIT  —  15th Oct 20195. Kep Pac Oak US REIT  — 15th Oct 20196. MapletreeCom Trust  —  15th Oct 20197. Kep REIT  —  16th Oct 20198. Kep Corp  —  17th Oct 20199. MapletreeInd Trust  —  22nd Oct 201910. FrasersCom Trust  —  22nd Oct 201911. Frasers Cpt Trust  —  23rd Oct 201912. SGX  —  24th Oct...

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Portfolio — Sep 2019

Investment Portfolio 1. Received CapitaR China Trust preferential share of $1.44/unit, increasing holding by 11.03%, increasing Strategic Cost from $0.2378/share to $0.2424/share2. Cash reduced from 31.36% to 31.00% due to CapitaR China Trust preferential share subscription3. Divested FrasersCom Trust at $1.6993/unit4. Received Genting SP dividend of 1.5 cents/share5. Received Kep DC Reit advanced distribution of 1.81 cents/unit due to placement & preferential offering of 105 unit for every 1000 unit at $1.71/unit6. Received MapletreeInd Trust advanced distribution of 2.93 cents/unit due to private placement7. Strategically reduced SIA holding price from $12.0697/share to $12.0280/share.8. Cash holding increased from 31.00% to...

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Journey To Retirement (CPFIS) Part 5.1, (SRS) Part 1.1 — FrasersCom Trust

Early this month fully divested FrasersCom Trust in both CPFIS and SRS portfolio, inline with the divestment of the Strategic section of the Investment Portfolio (will talk about that in future). For the CPFIS portion, it was divested at $1.6999 while for the SRS portion, it was at $1.697.  As a result, CPFIS portion achieved a profit return of 105.70% while the SRS portion was 106.48%.  Started building these portfolios in 2015 (refer here) based on Sun Tzu’s Art of War (孙子兵法) principle.  For the period of 4 years, this has given an annualized return of 19.76% and 19.63%...

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STI Analysis — the next peak and trough ? (53)

Continued from STI Analysis — the next peak and trough ? (52) After rebound from 3040.16 on 29th Aug 2019, STI rose to an intra-day high of 3166.95 on 6th Sep 2019 before closing at 3144.48 for the week.  The rebound probably has shifted some analysts and chartists view that the bull run would resume.  However, don’t get the optimism yet as everything still a remain unchanged from the perspective of Elliott wave analysis as neither of the positive and negative scenarios has been mathematically ruled out as impossible. STI-2 Above is the STI2 wave count indicating 3040.16 is...

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STI Analysis — the next peak and trough ? (52)

Continued from STI Analysis — the next peak and trough ? (51) STI-2STI hit an intra-day low of 3040.16 on 29th Aug 2019, breaking below the 3054 (Fibonacci retracement 78.6%) level.  Despite ending the week with a rebound to 3106.52, the probability remains high that the STI-2 wave count is going to be invalidated.  Conservatively, 90% of the time when a so-called wave 2 hit below 78.6% Fibonacci retracement it will go on to invalidate that wave count.  However, it is still not the time to fully rule out this scenario.  By the rule of Elliott wave principle, invalidate...

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Portfolio — Aug 2019

Investment Portfolio 1. Entitled to CapitaRChina Trust scrip or cash dividend of 6.29 cents/unit2. Entitled to CapitaRChina Trust preferential offering of 87 units for every 1000 units @ $1.443. Received SingPost dividend of 0.50 cents/share4. Received First REIT dividend of 2.15 cents/unit5. Divested MapletreeCom Trust @ $2.0596/unit6. Divested Kep REIT @ $1.2394/unit7. Divested Mapletreelog Trust @ $1.5497/unit8. Received FrasersCom Trust scrip dividend, increasing holding by 1.47%, reducing Strategic cost from $0.2151/unit to $0.2144/unitStock Holding Price* Market Price Unrealized Profit/Loss Dividend Return Non-Strategic CapitaMall Trust $1.155 $2.65 +126.79% +90.76% First REIT $0.5973 $1.00 +67.02% +125.62% Genting SP $0.5314 $0.89 +66.89%...

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STI Analysis — the next peak and trough ? (51)

Continued from STI Analysis — the next peak and trough ? (50) STI-2STI hit an intra-day low of 3084.08 on 15th Aug 2019 before rebound to close at 3115.03 on 16th Aug 2019.  Is 3084.08 the bottom for I2 correction in the STI-2 scenario ? The above was what being generated by the Correction Calculator previously to determine the possible ending point for I2.  In the previous analysis, 3075.50 was mentioned as one of the possible value and that is just 8.58 points away from the low on 15th Aug 2019. The above described the wave count for this...

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Singapore Economy Going Forward

Read a write up in this week The Edge Singapore titled “A New Growth Formula” as shown below To summarize this article was about Singapore economy is at a crossroads and still relying on the GDP as a measure of progress is no longer adequate.  Other yardsticks should be considered to measure the progress. After reading this article, it reminded me of a blog I wrote in 7th Oct 2015 (Singapore Economy — Looking Ahead).  The main point of that post was since 2010 I already felt something was not right in the Singapore economic growth model and what...

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STI Analysis — the next peak and trough ? (50)

Continued from STI Analysis — the next peak and trough ? (49) STI-2STI ended at 3261.11 on 2nd Aug 2019 hitting an intra-day low of 3257.38, the lowest level since the gap up on 18th Jun 2019.  Most would probably say it is trying to cover the gap.  Unfortunately, for Elliott wave principle, there isn’t any concept of gap covering.  For this scenario STI-2, STI is now doing Intermediate degree wave 2 (I2) correction after hitting the peak of 3415.18 on 29th Apr 2019 forming the end of Intermediate degree wave 1 (a leading diagonal instead of the usual...

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Portfolio — Jul 2019

Investment Portfolio 1. Received Kep Reit dividend of 1.39 cents/unit2. Received Kep DC Reit dividend of 3.85 cents/unit3. Received Kep Corp dividend of 8 cents/share4. Entitled to FrasersCom Trust scrip or cash dividend of 2.40 cents/unit5. Received Mapletreelog Trust dividend of 2.025 cents/unit6. Received CapitaMall Trust dividend of 2.92 cents/unit7. Received MapletreeInd Trust dividend of 3.10 cents/unit8. Received Frasers Cpt Trust dividend of 1.091 cents/unit9. Received MapletreeCom Trust dividend of 2.31 cents/unit10. Received SingPost dividend of 2 cents/share11. Received SIA dividend of 22 cents/shareStock Holding Price* Market Price Unrealized Profit/Loss Dividend Return Non-Strategic CapitaMall Trust $1.155 $2.62 +124.21% +90.76%...

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SPH — All Times Low Since 1998 !!!

Chanced upon an article on 26th Jul 2019 titled SPH’s shares drop to a 25-year low, becomes worst performer on MSCI Singapore.  Went to bring up the price chart and this is what was found. The only historical price data I’ve was from 1998, anything prior to that I do not have.  Maybe SPH wasn’t listed on SGX prior to that.  Nevertheless, since 1998 till now that is 21 years and indeed the price of $2.22 — intra-day on 26th Jul 2019 was even lower than the low in 2009 of $2.40 due to the global financial crisis.  All times...

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