Author: Compounding Wealth Through Sensible Investing

3 Year End Actions to Put One In a Better Shape Financially

With 2018 approaching an end it is time to stock-take,close the year on a good note and look forward to a better 2019. Many would reflect on 2018 to see what were the highlights and what went wrong, and try not to repeat the same mistakes next year. It is even a more structured process in one’s work where the appraisal/performance review with bosses take place. It shouldn’t be any different when it comes to one’s financial health as well. In fact, it is even more important for the journey of wealth growth and management should be worked on...

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Ascendas Hospitality Trust Latest Seoul Acquisition

*All examples and stocks quoted in this article are for education and sharing purposes. They do not constitute a buy/sell recommendation . Ascendas Hospitality Trust (AHT) has been actively acquiring hotels since they recycled capital via the sale of two Beijing hotels in Jan this year. The latest acquisition is the Ibis Ambassador Seoul Insadong, for a purchase amount of about S$94.5 million. It is a 363 room hotel built in 2013, sitting on freehold land near the major tourist attractions of Geongbuk Palace, Bukchon Hanok Village, Insadong cultural district and Changdeukgung Palace. This comes hot on the heels...

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Used E Payment and There’s No Turning Back

I am referring to my recent holiday in Shanghai, where my wife and I experienced an almost full convenience of e payment and related services, thanks to the topping up of our WeChat wallet. We circumvented the requirement of linking WeChat pay to a China bank account, by having my brother-in-law transferring CNY into our WeChat wallet, which we would return him SGD into his Spore bank account. We then went around our daily activities in Shanghai using WeChat pay. Since we were already using WeChat pay to keep in touch, it follows that we used WeChat pay instead of Alipay,...

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Used E Payment and There’s No Turning Back

I am referring to my recent holiday in Shanghai, where my wife and I experienced an almost full convenience of e payment and related services, thanks to the topping up of our WeChat wallet. We circumvented the requirement of linking WeChat pay to a China bank account, by having my brother-in-law transferring CNY into our WeChat wallet, which we would return him SGD into his Spore bank account. We then went around our daily activities in Shanghai using WeChat pay. Since we were already using WeChat pay to keep in touch, it follows that we used WeChat pay instead of Alipay,...

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Recent Financial Statement Analysis Workshop

More investors are getting interested in using Fundamental Analysis to short list strong company stocks to invest in, especially in a lacklustre market we are going through right now In fact it is an opportune time to start studying the fundamentals and earnings of companies you are interested in. So one would know where is a good, under-valued price to start establishing position. I held a seminar recently to share with participants how to analyse financial statements and annual reports. Much insights were presented on extracting relevant figures, zooming into key sections of annual report, and performing company valuation....

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Recent Financial Statement Analysis Workshop

More investors are getting interested in using Fundamental Analysis to short list strong company stocks to invest in, especially in a lacklustre market we are going through right now In fact it is an opportune time to start studying the fundamentals and earnings of companies you are interested in. So one would know where is a good, under-valued price to start establishing position. I held a seminar recently to share with participants how to analyse financial statements and annual reports. Much insights were presented on extracting relevant figures, zooming into key sections of annual report, and performing company valuation....

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5 Things To Know About Phillip SING Income ETF

There is a new kid on the block for the local ETF scene – the Phillip SING Income ETF (Phillip SING). Hot from the oven, it was launched by Phillip Capital on 1 Oct Monday. I will share some pertinent points worth noting about this ETF, to aid you in your decision whether to subscribe for it. The indexPhillip SING tracks the Morningstar Singapore Yield Focus Index (The Index) that comprises a basket of stocks selected using Morningstar’s proprietary quality income strategy and factors. The 30 stocks were identified based on a composite score derived from following factors: Quality...

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5 Things To Know About Phillip SING Income ETF

There is a new kid on the block for the local ETF scene – the Phillip SING Income ETF (Phillip SING). Hot from the oven, it was launched by Phillip Capital on 1 Oct Monday. I will share some pertinent points worth noting about this ETF, to aid you in your decision whether to subscribe for it. The index Phillip SING tracks the Morningstar Singapore Yield Focus Index (The Index) that comprises a basket of stocks selected using Morningstar’s proprietary quality income strategy and factors. The 30 stocks were identified based on a composite score derived from following factors:...

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Helping You to Start Financial Statement Analysis

Not knowing how to start Fundamental Analysis (FA), in particular reading financial statements, is a common pain point among retail investors. It is especially true for novice, with quite some experienced investors facing the same problem too. Most of us know the importance of FA and studying financial statements, but most do not have the knowledge and know-how to start. Quarterly earnings statements and annual report are thick documents, inundated with figures, charts, diagram and texts. It can be quite daunting to digest all these info to arrive at a fair opinion on the company. Indeed a headache for...

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Helping You to Start Financial Statement Analysis

Not knowing how to start Fundamental Analysis (FA), in particular reading financial statements, is a common pain point among retail investors. It is especially true for novice, with quite some experienced investors facing the same problem too. Most of us know the importance of FA and studying financial statements, but most do not have the knowledge and know-how to start. Quarterly earnings statements and annual report are thick documents, inundated with figures, charts, diagram and texts. It can be quite daunting to digest all these info to arrive at a fair opinion on the company. Indeed a headache for...

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Airports of Thailand A Good Investment?

I was reading news online and saw this piece on the expansion of Bangkok Airport to have a second terminal. The airport’s operator, Airports of Thailand (AOT) piqued my curiosity. Here’s what I found out about the company. Disclaimer: I do not hold AOT shares. Introduction AOT runs 6 international airports in Thailand – Suvarnabhumi, Don mueang, Chiang Mai, Phuket, Hatyai and Chiang Rai. These are the gateway airports that serve major cities with regular international flights. AOT airports. Source: AOT 9mth FY18 earnings presentation Its revenue are split into aeronautical and non-aeronautical segment. The former includes landing and...

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Airports of Thailand A Good Investment?

I was reading news online and saw this piece on the expansion of Bangkok Airport to have a second terminal. The airport’s operator, Airports of Thailand (AOT) piqued my curiosity. Here’s what I found out about the company. Disclaimer: I do not hold AOT shares. IntroductionAOT runs 6 international airports in Thailand – Suvarnabhumi, Don mueang, Chiang Mai, Phuket, Hatyai and Chiang Rai. These are the gateway airports that serve major cities with regular international flights. AOT airports. Source: AOT 9mth FY18 earnings presentation Its revenue are split into aeronautical and non-aeronautical segment. The former includes landing and parking...

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What To Do If You Bought Stocks Before This Correction

Straits Times Index has not been performing well so far in 2018. Year-to-date, it has dropped 7.1% and touched a one-year low of 3,103 on 11 Sept, and rebounded slightly to close at 3,161 last Friday. Similarly, other main index in Asia had also done poorly. In fact, fared worse than STI. Hang Seng Index has dropped 12.8% this year, while Shanghai Composite has plunged 19.9% in 2018. Not a pretty sight. STI (Black), Hang Seng (Orange), Shanghai Composite (Blue) year-to-date performance. Source: Bloomberg.com So assuming you have started investing not too long ago in 2017, such volatility may...

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What To Do If You Bought Stocks Before This Correction

Straits Times Index has not been performing well so far in 2018. Year-to-date, it has dropped 7.1% and touched a one-year low of 3,103 on 11 Sept, and rebounded slightly to close at 3,161 last Friday. Similarly, other main index in Asia had also done poorly. In fact, fared worse than STI. Hang Seng Index has dropped 12.8% this year, while Shanghai Composite has plunged 19.9% in 2018. Not a pretty sight. STI (Black), Hang Seng (Orange), Shanghai Composite (Blue) year-to-date performance. Source: Bloomberg.com So assuming you have started investing not too long ago in 2017, such volatility may...

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The Worst Parents Video and Some Thoughts

There is this latest marketing video by NTUC Income about retirement planning that is very well-received. ‘The Worst Parents in The World’ video by NTUC Income The advertising message aside. Being a new parent myself, this video does strike a chord with me and made my eyes teary at some scenes. Naturally a video like this would achieve more than just selling or marketing something. To create long-lasting, maximum impact it needs to trigger some deep thoughts and subsequently, actions. NTUC says that it aims to ‘challenge the notion of what ‘best’ meant, and get viewers to reflect if...

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