Cory Diary : Quality of Life

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I often seen posts on best place to retire. Be it daily necessity, bills or health care. One of the primary reason is cost. Frankly I think this people get it all wrong. The Best Place to retire is where Love is. Where friends are. Where Home is. Going to faraway land, cheap and lower standard of hygiene ... that's escapism. Out of no choice. Desperation. Worst still, alone. Sorry if I poke too … [Read more...]

Cory Diary : CAPITALAND MALL TRUST 1Q17 ( CMT )

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When I last blogged about CMT in 28th Jan'17, the stock price on 31st Jan'17 was $1.94. For people who are interested can refer to earlier blog article on CMT 4Q16 HERE. Since then, what has happened ?There were no distribution since we just Ex-div in 26th Jan'17. Stock price $2.01 as of today 20th Apr'17. Gain of 3.6%. CMT posts today 20th Apr'17 after trading hours, stable 1Q 2017 distribution … [Read more...]

Cory Diary : Job Replacement

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Recently one of my staff move on. I am happy for her. Truly. What interesting is after. I need to request for replacement. What surprise me is that my business HR want me to justify why I need replacement which to me suppose to be routine re-fill of position. Mind you, the company is doing well. So in my head is why are we spending time doing this needless exercise. We have hundreds/thousands … [Read more...]

Cory Diary : Stock Market Volatility 1997 – 2016

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The following information is plucked from various sources in the internet and summarized. I am doing that in view of recent North Korea crisis and Syria conflict in Trump era. I do not think we reach market crisis level yet. What I found is that 50% dropped is a major number observed when there are major crisis. The lesser ones are mere correction around 15% range. Stock Market … [Read more...]

Cory Diary : Dividend Play – Part 2

Dividend Play essentially is about investing in business that are driven to return profits to shareholders. Management naturally will be driven to efficient their operation on what they have after. A strong management has the ability to do that consistently over time. Constantly churning out dividends to shareholders and making use of what has been left to continue to optimize and grow their … [Read more...]

Cory Diary : Million dollar home

Few people would have remembered, I blogged about $1M home goal few years ago. To be exact is 4 years ago as per link here. Happy or sad to some, depending on each people felt level, i got mine.  If we include inflation over this period maybe in current dollar term would be 10% lesser in purchasing power. What this mean is Million Dollar home is just a matter of time.The plan for this home will be … [Read more...]

Cory Diary : Dividend Play and Timing

Let's take a REIT Stock which gives 7% dividends annually at current $1 tag. Assuming there is no major "calamity", that's 7 cents annually. Interests up few points during the year, how much is REIT impacted ?1. Borrowing are secured across few years to decade contract. Some on annual basis. Some on fixed rate. Some Reits hedge their borrowing too. 2. Increase in borrowing cost can be passed … [Read more...]

Cory Diary : The Lazy, The Dumb, The Struggle and The Greedy

Singapore is one of unique in the world where we have thousands of thousands in millionaire bracket without need to take risk in setting up business ourselves to be one. They are untapped potentials that financial funds always try to ZAP. Is not unheard of where hundreds of thousands HeartLanders were "Scammed" by Bank RMs, Insurance Agents, Property Agents, Business Investment or purely true … [Read more...]

Cory Diary : You get what you measured – Cory Sample Portfolio Stock List

When I first stared investment in stock market, we likely deal with one or two stocks. The idea is to get a feel of stock trading. The mechanics. The excitement. In a Bull market, we will see proportional gigantic returns. Stock picks are probably Tips or from Newspaper reading.   After I manage to save sizable sum for larger bets, this increase my stock punch or have a wider stock selections. … [Read more...]

Cory Diary : Multiple Rows Data in Excel Program – One of the Greatest Invention to the Investment World

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Excel helps us saved huge time in tracking and strategies our investment. Some people do not use them and sometimes demeans it as manual and unprofessional. I know of many great computer companies today still use Excel in majority of their daily work. Without it will be horrific. Human kind probably will be step back 30 years in advancement.Today I learned a new trick on creating chart with … [Read more...]

Cory Diary : Q1’17 Performance

Funding Injection For the 3 months in 2017, I have injected roughly 30% more into my portfolio which would have been laying low in the banks. This reduced my XIRR YTD as there are no income from the 3 months due to enlarge base. The needed injection provide needed base earning and driving for potential future performance. This left my Cash/FD now comprises 31% of my Net Worth.Funds are … [Read more...]

Cory Diary: Is STI Performance truly understood ?

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What is STI Index true performance ? The often quoted is 7% XIRR or so called Compounded which includes dividends distributed. This is achieved if one invest all their money one time exact in the year 2005 low and measured on the final price this month of STI. Yes is about 7%. The issue is can this be repeated ? That is the catch. Firstly our money in fund is constantly injected and for some … [Read more...]

Cory Diary : Financial Portfolio Update 20170325

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Has been a month since my last post. Seems a long time. Quite amount of office politics that I have to carefully maneuver while getting things done during this period while guiding my team on execution and business alignment. Good news is we are better today than a month ago. More work to do ! 2017 is Year of Rates and Banking. Banking continues to recover from last year despite the oil … [Read more...]

Cory Diary : Sheng Siong 4Q’2016

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Is another profitable period for Sheng Siong. A growth and relative good dividend stock. The Rev/Profit growth is so persistent that every quarter seems like a norm, What I like most is it provides basic essentials therefore relatively recession proof. A mix of growth and yield stock, how much growth imo depends on how fast it can expands and idle cash available to support the expansion … [Read more...]

Cory Diary : LMIR TRUST Report Q4 2016

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LIPPO MALLS INDONESIA RETAIL TRUST DPU 0.87 ( 7.4% increase ) For Stock Price of $0.385, Yield about 9% Gearing : 31.5% I like this REIT because of good Indonesian population base growth potential, income outside Singapore with mid term track record. Base on this quarter result, likely next few quarters we will see better rental revision thus potential growth in DPU... … [Read more...]

Cory Diary : REITs Investment

Reits have been in my portfolio for many years. Each year I learn "New Tricks" and pay some school fees. Instead of going through the learning pains, I like to document down what to look for and appears it can be boiled down to 4 pillars Integrity This is critical. While there maybe time for speculation, this is not my cup of tea. The other three below are more … [Read more...]

Cory Diary : 2017 Chicken Out

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Did my second speculative trade of the year for fun. This is after I notice there is still some upside for Keppel since last year low. By the way I am no fan of Oil and Gas or Ships. And no margins. Saw my profit went up to more than $800 before it came crashing down after the poor result announced. This hit me back to fundamental reality or am I ?Nevertheless I Chicken Out and close my positions … [Read more...]

Cory Diary : CAPITALAND MALL TRUST 4Q16

Investing in CMT is one of a kind. It can hardly go wrong  if you have taken a peek on it's portfolio of assets. The issue with it will be the actual return after stock price fluctuation. And so investing in CMT is more important on the entry price and the yield Maths will work itself out.The quarter annualized DPU is 11.46 cents. Yield about 5.92%. This is despite Funan undergoing redevelopment. … [Read more...]

Cory Diary : Frasers Centrepoint Trust 1c17

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Since I last blogged FCT ( Link ) a year ago I am reading FCT report again today. Key Takeaway NAV $1.93. Last closing share price is $1.965. Slightly above book value. Management has said they will maintain 100% payout of roughly 5.9% yield. The AEI trough expects in May'17 and recover after. AEI completion in Sept'17. Expecting possible further few percentage reduction in NPI in the … [Read more...]