Author: CompoundingDividendxDividend

SOLD: MM2

Sold my 90,000 shares of MM2 on 5 Nov at $0.245.Total profit of $9 in 6 months. Reason for selling: 1) No confidence in MM2 Board after attending the AGM 2019As blogged previously (Link), I do not have confidence in MM2 Board after attending the AGM. The whole company seem to rely on Melvin Ang only.For those MM2 shareholders, I suggest you attend the AGM 2020. 2) No dividend payoutI guess I really not into stock which doesn’t pay dividend. It did not get me excited at all holding this stock. 3) No growth elementDid not see any growth...

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Summary of my portfolio – Oct 2019

Mr CDxD portfolioNo. Counters No. of Shares 1 Keppel Infrastructure Trust 45,000 2 MM2 90,000 3 Perennial 53,500 4 HongKongLand USD 12,000 5 AIMS APAC REIT 10,000 USD600 / SGD809.22 of HongKongLandUSD dividend payout on 17 Oct (USD0.06cents/share) $418.50 of Kep Infra Trust dividend declared on 14 Oct (0.93cents/share), payout on 15 Nov Added 10,000 shares of AIMS APAC REIT on 23 Oct at $1.36...

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Money saving tips during renovation and buying home appliances

After making your largest purchase ever in your life (New Home), the next step will be doing renovation and buying home appliances. You can either choose TIME OR MONEY, depending on which is more important to you.In order to save money, you will need to sacrifice your time and vice versa. This post is about choosing Money OVER time. 1) ID– Choose the ID which is not GST registered company. By doing so, you saved paying 7% GST.– Most of the ID only accept Cash, Cheque or Bank Transfer.  If your ID accept Grabpay, then you are in luck...

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Added: AIMS APAC REIT

Bought 10,000 shares of AIMS APAC REIT on 23 Oct at $1.36. Reasons for buying AIMS APAC REIT: 1) With the Book-Building execrise (Link) on 16th Oct, AA REIT share prices dropped from $1.48 to $1.37 (7.4% drop). According to official press release, the intention is to diversify the investor base, enhance the investor profile, and to improve the trading liquidity of the units of AA REIT. This is great opportunity for non AA REIT holders but bad news for existing AA REIT holders. 2) Dividend Yield of 7% 3) PB of 1 (NAV $1.34) 4) Further Growth opportunities...

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Summary of my portfolio – Aug 2019

Mr CDxD portfolioNo. Counters No. of Shares 1 Keppel Infrastructure Trust 45,000 2 MM2 90,000 3 Perennial 53,500 4 HongKongLand USD 12,000 Warchest $3,920 Added 10,000 shares of HongKongLandUSD on 1 Aug at USD6.10 (Link) $418.50 of Kep Infra Trust dividend payout on 16 Aug (0.93cents/share) Added 2,000 shares of HongKongLandUSD on 29 Aug at USD5.44...

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Added: HongKong Land USD (Crisis is also a time of opportunity)

Bought another 2,000 shares of HongKong Land on 29th Aug at USD5.44 This is in additional of 10,000 shares bought on 1st Aug at USD6.10 (Link) Crisis is also a time of opportunity. Hong Kong protest started in June 2019 and it have been on going for 2 months++. The protest cant go on forever and it will end eventually………… In the meanwhile, HongKongLand is still collecting rent as per normal since tenants signed contracts with...

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HDB BTO Key Collection

Before Key Collection Date 1) Apply for Electricity, Water and Gas (Optional) account from SP Group – It took me less than 5 mins to apply for SP Group account if you used MyInfo. It is very convenience as you no longer required to provide a copy of NRIC if you use this. – SP Group will ask you to select the Date and Time when you would like to activate it. – No payment is required at the point of account opening – I selected my activation date on my key collection date as I intend to make...

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Added: HongKong Land USD

Bought 10,000 shares of HongKong Land on 1st Aug at USD6.10 Reasons for buying HongKong Land:1) PB of only 0.37I am paying just 37 cents to buy $1 worth of asset 2) Growing NAV2014: USD11.752015: USD12.242016: USD13.342017: USD15.662018: USD16.432019: USD16.50 HongKong Land is growing bigger and bigger every year.NAV will continue to be higher given good amount of new development in the pipeline. 3) Low single digit vacancy % + Higher average net rent Hong Kong Office Hong Kong Retail Singapore Office 4) Stable Half yearly dividend payoutAlthough the dividend is not high like REIT, but it is very...

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MM2 AGM 2019

Attended MM2 AGM on 31 Aug 2019 at 2MM Talent Hub. Cathay Cinema Majority of the shareholders questions evolve around Cathay Cinema. This is of no surprise ever since MM2 announced acquire of Cathay Cinema in Nov 2017, the share price had went south from $0.585 (Nov 2017) to current $0.225 (Aug 2019). A drop of 60%. Melvin had explained that by acquiring cinema business, it create a synergy which is beneficial for the Group in the long run. It widen the network contact in the film industry which MM2 previously did not even have the opportunity in the...

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Summary of my portfolio – Jun 2019

Mr CDxD portfolioNo. Counters No. of Shares 1 Keppel Infrastructure Trust 45,000 2 MM2 90,000 3 Perennial 53,500 Warchest $102,742 Sold 90,000 shares of Sasseur REIT on 10 Jun (Link). Total profit, including dividend, of $18,267.63 (31.6%) in 4 months. $1,490.40 of Sasseur REIT dividend payout on 27 Jun (1.656cents/share) Sold 9,000 shares of Singtel on 28 Jun (Link). Total profit, including dividend, of $897.45 (2.7%) in 2 years. Mrs CDxD portfolio No. of Shares Sold 3,000 shares of Singtel on 28 Jun (Link). Total profit, including dividend, of $204.87 (1.8%) in 2...

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SOLD: Singtel

Sold my 9,000 shares of Singtel on 28 Jun at $3.50 Total profit, including dividend, of $897.45 (2.7%) in 2 years. Also sold Mrs CDxD 3,000 shares of Singtel on 28 Jun at $3.50 Total profit, including dividend, of $204.87 (1.8%) in 1 year 8 months. Reason for selling: 1) Net Profit dropped 2) Huge CAPEX required to build 5G network 3) Current dividend 17.5cents not sustainable Fool.sg had a very good article to explain why the current dividend 17.5cents are not sustainable Additional reading here 4) Preparing for market crash Bull cant run forever. I still think we might...

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SOLD: Sasseur REIT $18,268 (Profit)

Sold my 90,000 shares of Sasseur REIT on 10 Jun at $0.795 Total profit, including dividend, of $18,267.63 (31.6%) in 4 months. This is my BIGGEST profit ever!!!!!!! The next biggest profit was actually CapitaMall Trust of $9,497.26 (Link) Reasons for selling it: 1) PB 0.9 at this moment. Their NAV increased 11.2% to $0.8897 compare to IPO (Mar 2018). Since this is a pure China property shares, so normally I will discount 15% off the NAV to have a safe margin. Thus result in PB at 1.05x. 2) Stick to the initial buy plan – SHORT TERM. As...

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Summary of my portfolio – May 2019

Mr CDxD portfolio No. Counters No. of Shares 1 Keppel Infrastructure Trust 45,000 2 MM2 90,000 3 Perennial 53,500 4 Sasseur REIT 90,000 5 Singtel 9,000   $1,490.40 of Sasseur REIT dividend declared on 13 May (1.656cents/share), payout on 27 Jun $963 of Singtel dividend declared on 15 May (10.7cents/share), payout on 15 Aug Sold 7,000 shares of Parkway Life REIT on 15 May (Link). Total profit, including dividend, of $5,298.55 (31.56%) in 2 years 3 months. $32.54 of Keppel Infra Trust dividend payout on 17 May (0.0723cents/share) Added 90,000 shares of MM2 on 21 May at $0.24 – $0.245...

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