Author: CoryLogics

Cory Diary : Misconception in numbers

Prefer penny stocks because i can buy more lots ?While it may makes speculative senses that penny stock may have higher price variations by percentage term, buying large priced stocks only means fewer lots. The returns from penny or large cap stock for same percentage amount change will still yield same absolute returns mathematically. Do highest dividend pays ? A stock price $1 with 5% dividends will distribute 5 cents. To achieve 10 cents return in a year few things can happen. a. Company has higher returns increasing dividend to 10% b. Company made a lost, stock price drop...

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Cory Diary : Hyflux Preference Shares

Notes on my investigation on Hyflux recently listed Preference Share.Preference Share (PS) The recent Hyflux Preference Share is listed in SGX. Therefore is similar to buying equity through your brokerage. The returns is like a bond in the sense we get fixed returns. And is distributed to your bank account if you have setup like your dividends. The key difference is Hyflux need not have to pay those dividends if they are in bad situation for example in financial distress which unlike bond will result in default. Why Hyflux issues PS ? Here the reasons I believe. 1. Need...

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Cory Diary : Cory Portfolio 2016 0607

Portfolio Managementhas been my key strategy for a long time which includes Safe Bonds and Preference Shares. I am able to stomach losses and keep me sane. Most importantly I have the mental coolness to make the right decision of Re-Balancing my stocks. This is another key strategy in my investment plan. The recent years strategic addition which I mentioned a few times in my earlier notes are the Dividend Strategy introduction and inclusion of STI index. On the left, is my current proportion of my asset. As you can see, my Cash and FD are still a little...

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Cory Diary: Net Worth, Equity and Market Outlook

Net Worth Rather conservative in my money so far in 2016 mainly due to the poorer economic expectation. However I am not entirely convince there will be a major crisis in the scale of 2008 Financial Crisis that requires me to pull the plug in my investments. Trending up much YTD (Year to date) with the increase due to higher cash position not allocated to investment. Chart is rather flat for past one and half year due to larger increase in property expenses,  spending to support a better Lifestyle ( yeah ! ), China Market Crash ( Shock !...

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Cory Diary : Dividend Investing ( Cap Rate, Convertible Bond and Capital Distribution )

This is my 2nd part on the topic of Dividend Investing. This week note is about Cap Rate, Convertible Bond and Capital Distribution which I did a quick exploration from recent reading of Suntec Reit 1QFY16 Results. Key Highlights 1. Completion of Suntec City Phase 3 and Suntec City Office 2. Higher distribution per unit of 2.371 cents which was 6.3% higher than 1Q FY15 3.Capital distribution of S$4.0 million from the sale proceeds of Park Mall. More cut and Paste from previous announcements that I manage to find. “consideration of S$411.8 million (the “Divestment”),” “Park Mall Investment Limited...

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Cory Diary : Dividend Investing ( DPU – Dividend Per Unit )

Done some home work last weekend on Soilbuild Business Space Reit. Quick glanced through many of the quarterly reports while trying to decipher the recent results given by a few bloggers. Reason i am working on this is because of it’s high dividend yield and past quarters stability.There is mention about increasing absolute income for distribution and the annualized dividend is up. Occupancy fell and the current DPU is down 4.7%.I did found there’s a a share placement prior year for a property resulting the total units differ between the two reported quarters. To get us into the right...

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Cory Diary : NetWorth Logic

One of the most contentious argument in deriving Net Worth and skew most of our calculation is the Property and Loan, simply is the biggest ticket item for most people.Let’s use a scenario to prick the logic. If a multi-millionaire has a 5 Million apartment and has a monthly balance of zero after loan and spending whereas a 5K salary man owning a HDB with also outstanding loan has a saving of 100K. Does it make sense to say the HDB man has higher networth than a man who has a 5 Million apartment who has zero saving ?...

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Cory Diary : Macro-nomics – Where is my “Do” ?

Celebrated my wife’s 28th birthday over the weekend by having a nice dinner at Whitegrass. What caught our eye when choosing the restaurant was that the chef/owner Sam Aisbett trained in Quay and Tetsuya’s, which are our favourite fine dining restaurants in Sydney. The service & food were excellent and we even got to drop by the kitchen to speak to Sam himself! It’s not that this personal finance blog is about to become a food blog. It’s just more interesting for me to mention our other interests as well. Yes, we like to eat at fine dining restaurants...

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Cory Diary : The Cost of Money

If I am to earn $1000 in a week while he takes 13 weeks for the same absolute amount. We both earn same $1000 absolute amount in the world of Classical Relativity. In Special Relativity, he has aged 13 time faster than me. I am 13 times more efficient ! And Time is the Cost of Money. Let’s do an example from another perspective where I borrow $1000 instead. What’s the holding cost between 1 year and 13 years ? See table below using compounding logics. Years Borrow Interests Cost of Money 1  $1,000 3%  $30.00 13  $1,000 3%  $468.53...

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Cory Diary : Equity Dividends 2016 Q1

Equity Dividends Year 2005 2006 2007 2008 2009 Cumulative $2,494 $6,074 $9,365 $12,711 $20,109 Dividends YTD $2,494 $3,580 $3,291 $3,347 $7,398 Year 2010 2011 2012 2013 2014 Cumulative $31,096 $44,284 $56,880 $85821 $116,660 Dividends YTD $10,987 $13,188 $12,597 $28,940 $30,839 Year 2015 2016 Q1 Cumulative $147,829 $154,428 Dividends YTD $31,169 $6,600 Is a slow dividend quarter. Average out about S$2200 monthly. Came from a long way from Year 2005 a decade ago where monthly average is just S$208. Total dividends collected since 2005 is S$154,428. I know some one beats me in just one quarter so don’t laugh at...

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Cory Diary : Middle Age Crisis – do I have a plan ?

Remembered countless once running in the military with SBO, Helmet and Rifle. The run is like short 10 minutes but I swear is like forever. This is felt by most with varying fitness level. Reason being the pain to endure the gruelling training is agonizing. Time clicks at it slowest. After which when returned to bunk, an hour of rest time quickly past. Well I did feel good about my achievement after.Time flies very fast when we are enjoying life. Most will likely earn good salary between age 35-45. And this is the time where we feel the power...

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Cory Diary : 2016 Singapore Budget – The Intangible ?

Just went through the ST report on 2016 budgets. I find this year interesting. Ability to focus of the future especially the intangibles while taking some immediate necessity. I can see there is guts in the Minister and that’s what visionary leaders should be.KIDSTART PILOT PROGRAMME I thought this is excellent. Many a time is the environment that shape us therefore same with disadvantage kids. $20K per kid for 1000 is a relative small amount to pay if it can successfully uplift the bottoms. OBS IN CONEY ISLAND Another intangible program but important to groom future leaders of Singapore....

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Cory Diary : Trading Management

Each year I have roughly 20 stocks counters however I can conduct more than 150 trades annually. How do I keep track of expenses, trades, counters, dividends, corporate actions and remember all my plans ? The best way to do this is to design my own portfolio management that I am most comfortable with. There is also certain level of privacy on sensitive positions. I do not trust 3rd party tool or cloud things. Below is an example of how I do them. And the best way to do them is in Excel. This trades were done in 2015...

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Cory Diary : Is all about Inflation, Stupid !

According to mom ( http://stats.mom.gov.sg/ ) the gross monthly income from work is as follow. Gross Monthly Income From Work  Median Gross Monthly Income From Work (Including Employer CPF Contributions) of Full-Time Employed Residents Mid-Year 2006 2007 ​2008 2009 2010 2011 2012 2013 2014​ 2015   Levels ($) 2,449 2,543 2,897 2,927 3,000 3,249 3,480 3,705 3,770 3,949 The average annual increment compounding % probably roughly about 5.4%. Going to another website on Singapore CPI, the chart as below. Roughly 2.7%. Thanks to the tapering off in 2015-2016 due mainly I believe to the property curb and low oil price. It...

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Cory Diary : Burst Week helps my portfolio to hit XIRR YTD : 0.21%

For some unexplained reason, this week STI ended with about 200 Points up. This explains why one should try to avoid timing the market as the burst can evaporate away as fast as it comes. I hope it won’t but I am ok if it does as being just positive in returns are rare in recent times :)As I mentioned in my earlier article (do note the period), is one of the good time to buy stocks for future greater returns be it dividends or capital gains. There will always be the other reflection that challenge myself that it...

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