Author: Creed's Cash Flow

More on Singtel – Collaboration with AliBaba

This is a follow-up post to my Singtel post from last month. I decided to park some cash in Singtel after their results came out on May 18. As expected, there was an overall drop in net earnings and group revenue – overall group revenue dipped 1.5% from the previ=ous year, down to S$ 16.71 billion. Net profit dipped only slightly in comparison, down 0.5% to S$ 3.85 billion. Share prices dipped slightly in the following week, but stayed above 3.70, and eventually recovered past 3.80 at one point. Source: Google Finance I re-invested with an eye towards data and...

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What’s Up with SPH? Based off a Whatsapp Convo

Singapore Press Holdings (SPH)[T39] has not been on my watchlist for a long time. My last purchase of SPH was at the start of 2016, when the market dipped as a whole. I eventually sold off my SPH holdings a few months later, and never bought back because I geared my portfolio towards the ‘Smart Nation’ idea. Recently, with news that the ex-NOL Chief Executive Officer Mr. Ng Yat Chung would be stepping up to take the reins, I had a Whatsapp session with a couple of close friends. They had received SPH shares as birthday gifts from family...

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So What About Singtel? (Z74)

I had a few lots of Singtel (Z74) in my portfolio a while ago, which I liquidated for a small profit when I wanted to park my money somewhere else. I have a habit of re-examining my past holdings to see if there is good cause for re-investment. I’ve already pumped some more money into ST Engineering. Now, I have my sights set on Singtel once again. Singtel’s share price dipped in December of 2016 (alongside competitors M1 and Starhub) as TPG Telecom won the bid to become Singapore’s 4th Telco. After decent 3Q results, which saw net profit climb 4%...

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Warchest is Ready – Taking Aim at SGX (S68)

With my warchest ready, I’ve been taking a look at Singapore Exchange [SGX] (S68) after talking with a friend from college (his name is Kean, and there is a link to his own blog in my links section). This counter is relatively ignored among my peers, but I figure increased trading volume from the recent bull-run could benefit SGX, especially if good sentiment persists throughout 2017. FY2016 results demonstrated a 5% increase in revenue, from S$779 million to S$818 million, mainly driven by SGX’s Derivatives segment (from an increase in volume in Iron Ore contracts and SGX FTSE China A50...

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ST Engineering – A Look at the Future

ST Engineering (S63) has been a part of my dividend portfolio for a while, ever since I picked it up early last year. I have a tendency to re-evaluate my dividend stocks/REITs every year or so – I want to see if I should take profit and park my money somewhere else, or if I should continue having them in my portfolio. ST Engineering closed at 3.67 on Tuesday, and dividends are upcoming in April. The company, as a whole, did well in 2016. FY16 revenue improved by 6%, from 6.33 billion to 6.68 billion, with the main contribution...

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Keppel REIT – Lower DPU, but Lower Potential?

A visitor to this blog asked about Keppel REIT (K71U) in the comments section of my Keppel DC REIT post. I’d been focusing on Keppel DC at the time, but I told him that I thought it would be a good time to enter Keppel REIT if the price dropped under $1.00. Following that, I began taking a serious look at Keppel REIT. Keppel REIT has ownership of commercial properties in Singapore and Australia. They have stated in their FY2016 earnings release that 2016 was a “difficult year for the Singapore office market given the oncoming supply of office...

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Is SembCorp Marine a potential gold-mine or ticking time-bomb?

Which way, oh which way, will the oil price go? SembCorp Marine’s (S51) stock price languished in 2016 along with KeppelCorp’s, as oil prices were driven down at the beginning of the year by severe global overproduction. SembCorp traded above $3.00 per share at the start of 2015. In early 2016, prices fell as low as $1.32 per share (demonstrating a 56% drop in a year), as oil prices plummeted. SembCorp suffered as contracts for rig-building dried up, and was forced to cut staff in the second half of 2016 as earnings dipped. The company, however, had an optimistic outlook:...

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Looking Into DBS – When Will the Dream End?

Not any time soon, I reckon. After witnessing the impressive rally that took place over the course of the past few weeks, I bought into DBS (D05) late at 17.80 with the intention of doing a bit of short-term trading. The stock has surged roughly 20% since Donald Trump was elected President of the United States, and it should continue to head upwards as we approach the New Year. The Italian referendum took place on Sunday (4th December), and the Prime Minister has announced his resignation. DBS’s price seemed to be unaffected on Monday – the stock price only dipped...

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Portfolio Update – Keppel DC Reit

And there goes my war chest. Apologies for the late post, but December has begun, and Winter has come at work. So I’ve been looking at Keppel DC Reit (AJBU) for a while. I was busy with work and missed the opportunity to pick it up when the price dipped after the preferential offering – but I didn’t see the need to wait any longer. The price recovered very quickly from the mid 1.10s to 1.20+ after the offering. I anticipated that I wouldn’t have time to catch up on stock prices when the potential rate hike hit (December...

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Taking a Risk on Election Day – Taking a Look at the Future

2016 has been a year of change. Brexit shook the world in the middle of the year, sending markets into flux. Yesterday, it was the US Election. I had to head into the office early to prep, and even that early in the morning, Forex prices on my screen were already going nuts. All of us were on Bloomberg, watching the US slowly turn red. I still tried my best to keep an eye on the stock market – I was trying to look for opportunities, which were all over the place, since almost all the counters on the...

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Trump Vs Clinton – Time to Watch & Wait?

With the upcoming US Election looming near, uncertainties abound. Whatever the outcome will be, world markets will most certainly be affected, much like Brexit. Hillary seems the more stable choice, but even then, whomever gets put into office will throw the SGX into a bit of turmoil. Whoever wins, be careful you don’t wind up a loser. I will be taking great care to watch my positions heading into the election, and I’d advise that you do so as well, especially if you lack holding power. Don’t get caught with your pants down. I figure that my position in...

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Health Management International Ltd – Riding the Wave?

Recently, a healthcare stock has been on the rise – Health Management International Ltd. (588.SI), more commonly known as HMI on the local stock exchange, closed at 0.64. Their current price is a far cry from the 0.48 at the start of September. The stock has been picking up speed recently, hitting a high of 0.65 today. I’ve been looking to get into some trading after liquidating Sino Grandness last week – the loss wasn’t too great, but an overall profit on any portfolio isn’t a bad thing. I was delving into the healthcare sector for opportunities when HMI...

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Portfolio Update – Time to Cut Losses (T4B)

I’ve been holding onto this stuff for way too long. I could’ve sold everything off when prices hit upwards of 0.70, but I didn’t. Could’ve, would’ve, should’ve – it’s all water under the bridge. I took a gamble on the Garden Fresh IPO from Sino Grandness (T4B), and it’s about time I liquidated my holdings. I would most definitely make a loss, but I am thankful that my other trades (thank you, Silverlake Axis) somewhat made up for it Time to get out? I’m done with speculating on this stock for now. For the uninitiated, allow me to give...

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When couples have different views on finance

Sarah has a husband who is uninterested in all things financial. He doesn’t care about insurance, investing, financial planning, etc. What he earns every month goes into his savings account with POSB and only leaves when he spends it. Sarah, however, is financially savvy, and asks that she be allowed to manage their money – she plans to put their combined earnings to work for them. She also gives him advice on what type of insurance to buy. “Sure,” he says. “Go right ahead, love.” Sarah has a brother – Sean – who is also married. Discussions about finance...

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A bit of trading while I wait…

Hey guys, just a quick update on what I’ve been doing – seeing as how blue chips are pretty expensive right now, I’ve been pouring my warchest into doing a bit of trading while I wait for prices to come down, In my last post, I liquidated all my Silverlake Axis (5CP.SI) shares after getting a small profit. My intentions were to use the cash I had following the sale to build my blue-chip portfolio back up again. In the following weeks, I saw Silverlake climb past 0.70. As of today, Silverlake hit a high of 0.73, before closing...

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