Author: CoryLogics

Cory Diary : Recent Trade Actions 20170726

STI has been almighty this year. And i start reviewing my portfolio for more stringent safety. The changes are on my personal trades and those that I can remember offhand. Please DYODD. HYFLUX 6% PCS With the run-up this year on this Pref shares and the profit guidance just announced, I decided to clear my little holding I have for 10% returns this year. Net for this counter is slightly negative. The catalyst possibly the sale of Singapore Plant but I decided not to wait.NetLink NBN Tr I have expanded my holding in this counter. My take is that...

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Cory Diary : CAPITALAND MALL TRUST 2Q17 ( CMT )

Here’s the headline today “CMT 2Q 2017 net property income up 1.2% year-on-year Achieves higher distribution per unit despite closure of Funan for redevelopment” DPU within expectation. The threat of online shopping on CMT has been mute which has many strategic asset locations to benefit from. Before the result announced, share price has climbed up to $2.00. And Investor will have another quarterly distribution. At current price, is about 5.5% stable yield which is way better than fixed deposits and ofcourse with different risk level. But frankly, if we cannot except CMT risk, there is not many stocks we...

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Cory Diary : Recent Trade Actions 20170719

Here’s another post on my recent trades but not all I can remember. The last time i post is here link. I try to stay as accurate as i can remember. ASCENDAS REIT I have managed to build back and more such that it has become one of my reit core holding. Using my basic TA skill, i thought 2.57 is a nice entry point but I start to dip for it at 2.62 and 2.58. I did sell some to resize my investment amount at 2.63. It now occupies 4%+ of my non-fixed equity. I am so glad to...

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Cory Diary : Singtel 2017-0714

Let’s start with some data background of Singtel. I do this fast. Apologize for any error and DYODD. Since 2013, Singtel has been fluctuating within a big band of $3.3 to $4.5 range. During this time, annual distribution is about 17 cents ( not exact but growing ) which easily totaled roughly 90 cents. Right now the stock price is 60 cent below the top range. And current yield is about 4.4%. Revenue kind of flat. About S$3B FCF annually. Last year we see a little dip to about dividend support level despite no noticeable increase in capex. As...

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Cory Diary : Accordia Golf Trust 20170707

This post is special. Is a sharing of Q&A with Brenda, Senior Manager, Investor Relations, AGT. Is rather informal so do not put a magnifying glass into it.  I am honored to have an opportunity to chat with Brenda to know the Trust better. Do note this is not an invitation to invest/sell/hold.Q&A 1. Share about Continue Impairment loss from last Q report Generally the impact is cashless and more on accounting purposes on P/L. 2. How do you view AGT in 3-5 years periods. Viewing from coming Olympics context. AGT is more of Middle Class category of golf...

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Cory Diary : Portfolio Updates 20170703

Here’s my current holding. REITs – This sector has been star performer in first half of 2017. However not all the same. I am fortunate to have quite a number of bright stars here. They easily constitute 40% of my portfolio. Bulk of my dividends hopefully for the years to come. TELCO – The only possible segment which i feel there is still good room for 2nd half growth. Singtel’s Netlink IPO is a catalyst. But Singtel should be more than that. STI ES3 – I have reduced my holding largely. Nevertheless it is still quite a size-able amount...

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Cory Diary : XIRR Performance – Final Q2 2017 June Update

Today is the last day of Q2 ’17. After my May Month Interim, managed to buy back, and more on Ascendas Reit, and FLT Reit which I earlier sold some this week. Glad with given the chance to fill back the hole I dig in my portfolio before the next REITs reporting season starts. I have also done more trading but it maybe too hard to blog each of them. Portfolio trend is lesser STI Index, due to strong run in banks. Here’s Q2’17 result. A further improvement from interim Q2 on link here. With STI YTD returns about 12% currently,...

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Cory Diary : AIMS AMP CAPITAL INDUSTRIAL REIT – 2

I blogged about Aims Reit exactly 2 months ago. Link here. Since then it has moved up nearly 5%. And this exclude dividends distributed. People is recognizing the return value. At current $1.47 price, the yield is about 7.5%. Still so good. My wish is the reit needs only to maintain their dpu performance.Considering current investment climate, there is not better alternative that provide good value for money i feel personally. At this price range, I am not buying more as I have quite a significant exposure or so sadly because i feel there is still some room to...

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Cory Diary : Singapore Savings Bonds experience ( SSB )

This is the website of SSB. http://www.sgs.gov.sg/savingsbonds/Your-SSB/This-months-bond.aspx Every month SSB will update with new tranche for purchase with appropriate rates as below picture. Purchase is simple online. I have tested few times using DBS website. Application is $2 each time. Dividends credited to my DBS saving account after 6 months automatically. To sell is not hard too as I have tested it literally. However do note your transaction and amount each time you purchase or withdraw as there is no easy access to SSB historical records that you can tell in the website when you sell. Bank statements in...

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Cory Diary : Recent Trade Actions 20170617

Normally I do not comment much on my short term trades as I do a lot within a year if you have followed. As I have less creative ideas recently, I may as well talk a little on it.Recently, I sold ASCENDAS REIT. If one who has been following this reit, it always seem to be in all time high (including dividends). Aiming for it is like forever. You will never get it cheap. And you will regret it if you don’t. So what I did recently is to buy some only. And when price go up, I bought...

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Cory Diary : Fibonacci Retracement Self-Learning

Fibonacci RetracementAs usual, I am not an expert in Technical tools. We can however try to use this to time our trade after FA. As dividend investor, getting in low enough is important so that we have a better pie in DPU and Capital gains if any. Using Fibonacci Retracement can be one of a good way but surely not always the right way. Here’s what i found on this Indicator definition. In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by...

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Cory Diary : Fibonacci Extensions Self-Learning

Fibonacci ExtensionsFirst to say I am no expert and trying to learn by myself Fibonacci Extensions. Why ? Simply it is one of few key tools we can time our sell trades. For people who are not new to stock trading, there will be time when our stock just runaway after we sold. So when to sell can be useful. When stock hits high when is best time to sell ? Valuation point ? Macro condition ? Tool ? Tips ? Supports and Resistances ? Using Fibonacci Extensions can be one of a good way but surely not always the right...

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Cory Diary : What does XIRR 6.8% Annualized return looks like ?

When we have $10,000 and annual returns of like 5%, it seems to take forever to achieve financial freedom. However Freedom is about going through the learning experiences. The anxiety of market dynamics. The building up of portfolio. The compounding of what one has. Here’s a chart of 6.8% Annualized growths mean in green. Not going to lie is easy but is not improbable either. Talking to myself mode. Continue to stay nimble, invest what I can sleep on, cut loss, study financial report, use a bit of TA, don’t go on margin, reasonable margin of safety, logical diversification...

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Cory Diary : Asset Allocation 20170604

My heart screaming to write something today and decided to do a clean up / review my asset allocation.Here’s the pic. From the chart, if we are to total up MMF and Deposits, that 26%. MMF is Money Market Fund ready for investment. If I am to surrender my Insurance, that will boost to 31% which matches my Equity allocation. However I am unlikely to do that. Nevertheless, this is the War Chest. At 26%, is still a little high. I need to lower Deposits allocation to 20% but may need to reserve this bullet. Bonds and Preference 13%...

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Cory Diary : Portfolio Updates 20170527

Charting in Excel is quite fun. Just figure out I can do a reverse of my Radar Chart. Be warned, will need to take a new dimension at looking it. The reverse radar overcomes concentration in the center and put more emphasis on stocks that occupies higher allocation than the others in the middle.   My trades already hit 74 YTD which is about half year mark and I am enjoying the process of allocation and divestment. Increased my SSB ( Bond ) allocation with new funds. For more diverse and stable income. Upped Ascendas and Lippo Reits some....

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