Author: SG Wealth Builder

End of Suntec REIT stock rally?

From $2.25 in January 2018 to $1.66 in June 2018, Suntec REIT stock crashed in bizarre fashion and in the process, roasted many investors alive within the span of six months. The incredible rally of Suntec REIT stock started in 2016 and gained pace rapidly in 2017 on the back of market rumours of potential takeover by sponsor, ARA Asset Management. What on earth has happened? Is the sky falling for Suntec REIT stock or will it rise like phoenix from the ashes? Market speculation on Suntec REIT being privatized peaked in late December 2017, a period of time...

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The Dark Side of Investment Linked Policy (ILP)

In relation to my previous article “My NTUC Income Life Insurance Policies”, a member requested for my opinion on investment linked policy (ILP). He also wrote that the investment linked policy that he had bought was not profitable. Is investment linked policy really that bad and is it worth your time and money? In this article, I am going share my candid views on investment linked policy. Readers would know that I don’t mince my words, so I am going to pull no punches. For a period of time, investment linked policy used to sell like hotcakes in Singapore...

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My NTUC Income life insurance policies

In life, disaster often strikes when you least expect it. Of course, no one is ever prepared for a disaster but having life insurance coverage would help to put your mind at ease that your financial losses are mitigated. During the National Day week, my family bought two life insurance policies. One was NTUC Income Limited Pay Revosave and the other was AIA Triple Critical Cover. The decision to strengthen my family’s protection and savings arose after a strategic life insurance review with my wife. As a finance blogger, I always advocate my readers to do annual review on...

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DBS share price lost gangbuster form

From $14 in February 2016, DBS share price went on a magnificent gangbuster form to hit a high of $31 in May 2018, representing an increase of more than 100% in two years. The berserk rise of DBS share price certainly created much wealth for shareholders. However, the bullish form was as good as it gets as DBS share price subsequently went through a correction since early May to reach a low of $24.90. Has the bubble finally burst for DBS share price or should investors keep faith with Piyush Gupta’s team? At the big picture, the business fundamentals...

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SIA Engineering share price flying high no more

How low will it go? From a high of almost $5.12 in 2014, SIA Engineering share price crashed to a nine-year low of $2.93 on 30 July 2018. Needless to say, it had been a devastating spell of decline for SIA Engineering share price, creating tremendous heart pain for long time investors of SIA Engineering. For sure, SIA Engineering share price is flying high no more but who in his right mind could have predicted such an outrageous outcome for this blue chip? Investors who bought when SIA Engineering share price peaked would have lost their pants by now....

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SingTel share price riding the storm

What a ride! In my previous article, I wrote that SingTel share price is in for a frightening roller-coaster ride after ex-dividend day. Indeed, SingTel share price plunged from $3.30 on 23 July to $3.06 on 13 August. It could have been worse if its not for the strong institutional support in July. SingTel topped the list of institutional net buy in July, with net buy of $49.4 million. Riding the storm SingTel share price has since recovered to the $3.10 level, probably because the intensity of the short-selling attacks had reduced and the strong support from institutional players....

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OCBC share price ready to explode?

Despite being consistently ranked as one of the strongest banks in the world, OCBC’ stock is perennially the least expensive among the three local banks. However, like DBS and UOB, OCBC share price enjoyed a dizzy spell for the past two years, storming from $7.90 in February 2016 to reach the giddy high of $14 this year. The key reason for the bullish run of the local bank stocks should be attributed to the improving economy condition in Singapore. However, recent government property curbs and short-selling activities had pulled the brake on the surging form of OCBC share price....

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Asian Pay TV Trust dances with the wolves?

From IPO price of $0.97 in 2013, Asian Pay TV unit price had plummeted over the years to reach the current dismal level of $0.38.  Investors who had bought into Asian Pay TV during the IPO days and held the units till now would have lost their pants even if the grand total of $0.41 distributions had been factored in. Apart from punching the wall, investors of Asian Pay TV Trust should certainly do some soul-searching. Even the most ardent supporters of this counter must be having second thoughts and wonder if this business trust can ever stage a...

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UOB share price on red hot form!

Crisis? What crisis? UOB share price tore apart the form book by going on an explosive run following the release of an excellent set of first half results. Many investors and analysts were also stunned by the news that 70% of new launch condominium, The Tre Ver, was sold during Phase 1. The Tre Ver was developed by UOL, an affiliated company of UOB. Previously, many investors feared the worst for UOB share price following the introduction of new property cooling measures by Singapore government. The buoyant first half results certainly set UOB share price on fire, making it...

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CapitaLand share price ready to rocket!

Since early May, CapitaLand share price experienced some form of bearish correction. But the stunning announcement of the retirement of CEO Lim Ming Yan on 1 June 2018 really knocked the wind out of CapitaLand share price, which collapsed from a high of almost $3.80 to $2.99 at one point. CapitaLand share price has since recovered to $3.15 level but remained under pressure. With Price/Book Value of just 0.692 and P/E ratio of merely 9.7, CapitaLand share price is currently considered very undervalued among the blue chips. In fact, most investors perennially misunderstood this stock and thought that the...

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DBS share price and that “uh-oh” feeling

It is that “uh-oh” feeling for DBS share price all over again as the counter got bombed-out after the release of 2nd quarter earnings report. There were claims that DBS share price came under heavy shelling because the Singaporean bank missed analysts’ forecast. Should shareholders be punching the wall? From my perspective, the notion that DBS share price fell because of missed estimates by market analysts is complete nonsense because I never believe in what the analysts said. And for sure, market analysts never have any swaying power over share prices. So what could be the root cause for...

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Starhub share price enjoying sunshine after the rain?

Is it sunshine after the rain for Starhub share price or is it yet another false dawn in the making? From a high of $4.20 in 2015, Starhub share price went on a devastating run to languish at current $1.70 level. Only the recent appointment of new CEO, Peter Kaliaropoulos halted the stunning decline of Starhub share price. The collapse of StarHub share price certainly caused massive wealth destruction for many shareholders. Whether this counter can stage a magical recovery is a big question mark as StarHub share price reflected not just the broad sell-down in the current Singapore...

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SIA share price to endure another lost decade?

Singapore Airlines’ CEO Goh Choon Phong should be at a loss for words. Days after collecting the prestigious Skytrax’s World Best Airline Award for the fourth time, the CEO must be watching in horror as SIA share price plunged by as much as 5.5% on 27 July 2018, presumably due to the poor Q1FY18/19 financial results. The poor financial results came on the back of announcements of integration of SIA Cargo and SilkAir into parent airline and merger of Tiger Airways and Scoot. Despite the extensive restructuring exercise among its subsidiaries, it certainly seems that there was not much...

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OCBC share price on ice and fire!

From almost $14 in early May, OCBC share price rolled off the cliff to languish at $11.30 in July. The steep decline came on the back of an extraordinary bull run that saw OCBC share price surging from $7.90 in February 2016 to reach the giddy high of $14 this year. When a stock has this sort of ridiculous form, it is only fair to expect a healthy correction. After all, what goes up must surely come down. But at the back of many investors’ mind must be who are the dark forces responsible for the recent meltdown of...

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SingTel share price destined to collapse after ex-dividend day?

26 July 2018 would be destiny day for SingTel share price as it will be ex-dividend day for shareholders to be entitled to the final dividend of $0.107. All eyes are on that day as shareholders brace themselves for a frightening roller-coaster ride of SingTel share price. There had been much talks on the impending entry of the fourth telco, TPG Telecom and the emerging threats of Mobile Virtual Network Operators (MVNO). People are concerned that these threats would demolish SingTel share price and knock it off the cliff. But to be frank, the current bearish sentiments of SingTel...

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