Author: Invest For Yourself

Starhill Global a BUY based on Historical Yields Analysis and Reversion to Mean Belief

Below is a chart that I have made to show where the current yield of some of the SReits lies on the spectrum of their past 3-5 years historical yields. Although most of the SReits are off their recent highs, their current yields are still on the lower half of the spectrum. (How to see this : High Price, Low Yield and vice versa, assuming same DPS). Just to quote some examples, Ascendas – 5.8% current yield, 35% on the spectrum (0%-lowest yield (5.1%)and 100%-highest historical yield(7.2%)) CapitaMall – 5.2% current yield, 31% OUE Commercial – 6.9% current yield,  43%...

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Watchlist – Result Release Jul-Sep 2018

Hi, I know there are many websites and apps that provide information on results release dates and dividend distribution of our local companies. However, I can’t really find one that I can customise to my needs. Hence, I have created a web page for the stocks on my watchlist. I will try to update it as often as I can, but definitely at least once a week. It looks something like this …. Jul-Sep 2018 Companies Div/Yes/No Expectations? 10-Jul SPH Reit Q3 1.37 Within 11-Jul SPH Q3 NO NA 16-Jul Keppel Reit 1H Yes Soilbuild Reit 1H Yes If...

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I think my plans are working out okay

After a hectic week of non-stop 5 consecutive nights of conference calls with my US and European colleagues, I finally found some respite now to contribute my thoughts to our blog. In between, 8 new readers have subscribed to our blog and I thank you for your support. In the last one week, our STI index has recovered 2.5% quietly and steadily from the fallout of the property cooling measures shock last Friday. The major markets around the world have also rode through the initial salvo from the potential “trade war” and gained back some grounds. The star has to...

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Are we prepared for Black Swan?

As the events unfolded on Thursday night and Friday in the stock market, I couldn’t help but recall these 2 articles that I read earlier this week by STE (about patience) and Brian of 3Fs (about holding cash). How timely and apt these articles were. I also reflected on my most recent post (about being prepared for 2H2018). You can find the links to all these articles at the bottom of this post. I do not think anyone has anticipated the move from our government to further tighten the cooling measures on property purchases, announced at 6pm Thursday. It...

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Alas, a Depressing 1H 2018 But some Food for Thoughts on what we can do for 2H

The first half of 2018 has come and gone. All of a sudden, the market looks gloomier now than at the start of the year. It has been hit from many fronts including the rise in US interest rate, rise in crude oil price (aka inflation), rise in protectionism with trade war looming between US and China, Europe, Canada plus others, rise in Middle East tension and apparent slowdown in China economy. Our local market was not spared. Compared to end 2017, it has declined 6.5% and compared to the peak in early May, the drop was a staggering...

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Using My Margin Financing Account

Recently, I opened a margin financing account with my stockbroking company, on top of my normal trading account with them. Before I opened this account, I did some research and identified a few benefits for me. Thought I will share it here with you in case you see the same benefits and opportunities … In a nutshell, a margin financing account is like having a credit line provided by stockbroking firm to us to finance the purchase of securities/stocks. However, we will have to pledge either cash and/or “marginable” securities as collateral. Take for example, Maybank Kim Eng, from its...

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I swapped shares again in this downturn

I haven’t been blogging as actively as I wished for the last few weeks but since my last post, I have received 11 new subscribers. Thank you very much for your support. Our local STI has not been kind to us in the last fortnight. From its last peak of 3615 points achieved on 2 May, it has now dropped 9%, and last week was the worst week in this decline. STI has now literally returned all the gains it made this year and more. Compared to end 2017, it is down 4% already. Just talking about it feels...

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So sian and disappointing – Accordia Golf Trust

A warm welcome to 5 new subscribers who joined us since the last post. And a big thank you to all the readers for the strong support that you have given to this blog – the number of viewership for 2018 so far has now overtaken the whole of 2017 and it is not even half way through the year yet. This is very encouraging and motivating to me personally and thank you once again for your support. Back in end 2017, many people thought that 2018 will be a bland year for investments but boy, what a wild ride...

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Keeping Faith with my 4.86% yield with Singtel (at cost)

Photo by mentatdgt on Pexels.com First a warm welcome to 2 new subscribers who joined us since the last blog post. Thank you!I think it is no secret to regular readers of my blog that Singtel is my biggest holding within my portfolio. Actually it is more than what I will typically like to have for a single stock. It is the only stock that has >5% of my portfolio by values. With the recent announcement of its full year results, I took another look at Singtel’s financials to make sure that I can keep my faith, particularly on...

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I track, I watch, I move on SGR

A warm welcome to 4 new subscribers who joined us since the last blog post. Thank you! For regular readers of this blog, you would know that I believe in using “reversion to mean approach” to determine my buy price for Reits. And Reits is a major component of my portfolio since I am an income investor. I TRACK: To explain it further, I basically track the dividend yields of Reits for the past years and then use the data to determine the historical yields of the Reit. By lining them up from lowest to the highest yields, I...

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Dividends, Treasury Notes and Me

I like to extend a warm welcome to the five new subscribers who joined us since the last blog post. Your support is a major motivator to me to keep this going. I am sure most of you would have heard of, read about or tracked the recent steep rise in the yields of 10 years US Treasury Notes. They are basically the bonds issued by the US government and the yields are “interests” paid by them to the bondholders. The 10 years Treasury Note is of the most significance among all the Treasury notes and is the most...

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Dividend Play: Asian Pay TV & Netlink Trust

Wow, I have another 6 subscribers in the last 2 days. Thanks for your support! It is already motivating me to pen this blog in the midst of an extremely crowded MRT train rather than watch my movie on Netflix … LOL Yesterday was another great day for my dividend purse. Both Asian Pay TV and Netlink Trust declared dividends – 1.625 and 3.24 cents per share respectively . They represent dividend yields of 13.7% and 5.6% on an annualised basis. Including these dividends, my Q2 yield will be pushed up to 2.0% of my portfolio and Q1+Q2 to...

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Investing for Dividend is really Great!

Firstly, let me welcome 6 new subscribers to this blog. I appreciate your support and interest. Secondly, I must admit I have neglected this blog for the past one month. Work and family life have been hectic and have taken priority. The activities are actually still very intense. So this will be a short post. Since 2017, I have actively tracking dividend returns and using it to refine the approach to shape my investment choices. You may have seen the my earlier Q1 post on dividend return which showed that I remained on track to meet my target yield...

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What stocks to consider accumulating

I chanced upon a list of “target prices” that DBS Treasury published for selected Singapore equities. I compared these target prices against the current prices of the companies in my watchlist and got the table below. I thought of sharing this table below that shows the biggest upsides (top 10) between the current prices and the target prices. I also chose those that were analysed and had reports published by DBS Treasury in the last 3 months. Companies Price 6Apr18 DBS Tgt Price % Upside Last Rpt Date Keppel Corp 7.7 10.2 32% 26-Jan ThaiBev 0.8 1.02 28% 15-Feb...

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Importance of Good Investment Decision

I like to share with you what I have learned from an article I read this morning. This article gives a distinct and useful differentiation between a good decision and a good outcome. A good decision is a logical one while a good outcome in the context of investment is a profitable one. We all want good outcome but how many of us will spend the time and effort to make a good decision. This is especially so when a good decision doesn’t necessarily guarantee a good outcome. When we have a bad outcome (aka lose money), many of...

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