Author: KPO Adventure

APAC Realty

We have purchased 12,000 units of APAC Realty last week (7th December 2017) at $0.86. The IPO price was at $0.66, opened at $0.695 on 28th September 2017 and went as high as $0.975! At the point of writing this article, the price is currently at $0.865. The latest 3rd Quarter financial statement was pretty good where the revenue till date for the year (9 months) improved by 30.3% and the profit by 64.6%! In its IPO prospectus, using the adjusted 2016 EPS of 4.47 cents and IPO price of $0.66, the PE ratio was about 14.76. If we were to use...

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StashAway – November 2017

USD has fallen slightly which is great for those shopping at Amazon during Black Friday and Cyber Monday but not so good for our StashAway portfolio. lol. On a side note, I realized that the statement is different again this month! 1. ACCOUNT SUMMARY (as of the last day of the month) The exchange rate at the start of the month was 1 USD = 1.3608 SGD as compared to 1 USD = 1.347 SGD at the end of the month. What does this mean? If you are optimistic, it means that you will be able to buy more underlying ETFs...

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Portfolio Update – November 2017

Our portfolio shrank by -1.86% to $281,122 – $3,434.19 of capital injection and -$8,761.19 of  capital growth/reduction. We enjoyed a $9,925.66 of capital growth in October 2017 and that has disappeared faster than expected. In short, the decrease is due to the property stocks retracing back to the previous level. SOLD – MindChamps (5,000 units) @ $0.9 I blogged about MindChamps in the previous article – What’s Harder than BTO? IPO. Our initial plan was to hold it for the long term but due to a change in government policy, we decided to put a stop loss and the stop loss was eventually triggered....

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What’s Harder than BTO? IPO

I always thought applying for a BTO was hard, until I try IPOs! $6 for 3 tries but did not get any! Even though we did not get any shares from the public tranche, we decided to purchase MindChamps from the market and hold it long term because we believe that parents are willing to spend money on their children to give them the best. So I place an order before the market open at $0.84 but did not get any (not sure why). I continued to chase (kept modifying the order) the price and finally got in at $0.875...

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Redeeming KrisFlyer Miles for Singapore Airlines Suites = 38.6% Cashback!

One of our goals is to accumulate enough miles to fly to the United States in Singapore Airlines Suites for our honeymoon – once in a lifetime experience! We have finally turned that dream into a reality after 1.5 years of hard work (having > 10 credit cards and using the right credit card on the right occasion) with a confirmed Suites booking. The last time we used miles for our flight – KrisFlyer 50% Redemption Promotion on SilkAir, the cashback equivalent for our return Economy SilkAir flight to Bandung was around 6.5%. What about this time round? 2 one way...

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CPF RSTU – Is It Worth It?

We are close to the end of the 2017 year and have worked for almost another year. In a few months time, we will be thanked “for our contribution towards nation building”. lol. I am referring to the income tax. NOA Sample from HDB I have been thinking if I should be doing a CPF RSTU (Retirement Sum Top Up) to lower my tax. It is interesting to see how the facebook finance communities (Seedly Personal Finance Community (SG) and BIGS World – Build Wealth, Live a Good Life) advocates topping up of CPF as compared to my random conversations...

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IPO Hit and Run Calculator

KPO is sharing more spreadsheet! Hahahaha. We have a few IPO upcoming and the latest one is RE&S Holdings Limited (closes on tomorrow/19th November 12pm) followed closely by MindChamps (closes on 22 November 12pm). This post is not about my analysis of the company. You can refer to these analyses: – Singapore IPOs: RE&S Holdings Limited – sginvestors.io: Phillip Securities IPO Note – Singapore IPOs: MindCamps Preschool Limited I did a 3 years analysis a few months back on IPOs – Will IPO Make Money – IPO Analysis for the Last 3 Years. Do take a look if you have not...

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StashAway Clarifications – Reward-to-Risk Ratio

I received an email titled as above from Freddy Lim (Co-Founder & Chief Investment Officer of StashAway) a few days ago regarding my previous blog post – StashAway – October 2017. In the monthly update, there is a section “StashAway VS STI ETF” where I attempt to track and compare the performance of our StashAway investment with that of either STI ETF through different platforms. The rationale is that I have no way to compare the performance of the different robo-advisors but I can certainly compare it with both the STI ETF. The difference in performance would be the opportunity...

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StashAway – October 2017

October has been an excellent month for stocks, high gets higher! Our portfolio benefited from it – Portfolio Update – October 2017. StashAway is no different, we had a much better return compared to the previous month – StashAway – September 2017. One thing to note is that StashAway has changed their web interface and introduced mobile application – StashAway Just Got Better! (Mobile App + New Interface). The change can also be seen in the monthly statement. 1. ACCOUNT SUMMARY (as of the last day of the month) Returns have been broken down into “Portfolio Returns” and “Currency Impact”. Exchange Rates are...

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Bye Yahoo Finance! Hi Alpha Vantage!

Yahoo Finance decided to discontinued their API services last week and cause a lot of spreadsheets and Excel around the world to break including mine. lol. SGX data is very expensive hence Google Finance does not provide it and others charge a fee for it. Stocks.cafe (formerly SGX cafe) is paying thousands for the licensing fee – The True Cost of Being Free. Kyith from Investment Moats was kind enough to come out with a workaround by pulling all the SGX stock price from his own site/server – Yahoo Finance Data Shuts Down – My Modification to My Stock Portfolio Tracker. However, that is...

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StashAway Just Got Better! (Mobile App + New Interface)

A few days ago, I was shopping in Google Play Store and I happened to come across the StashAway mobile application. I went on to check the developer information to confirm that it is a legitimate application. For example, there are many fake WhatsApp applications out there, so be careful! Given the necessary permissions, these applications can actually spy/steal information from you. Read your files, messages, contacts, etc. My bad, I digress… So I immediately downloaded the application and set it up. During the setup, you will be prompted to authenticate using fingerprint or PIN going forward. You might...

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Portfolio Update – October 2017

Our portfolio grew by 6.76% to $286,449 – $8,217.65 of capital injection and around $9,925.66 of capital growth! I got to say the whole of October has been a really good month for property, construction and REIT stocks which form majority of our portfolio :) There is a lot of activities this month! SOLD – Saizen REIT (8,900 units) @ $0.03223 (Delisted – P&L: $3,184.64) – Sing Holdings (4,400 units) @ $0.47 (P&L: $321.04) – Wee Hur (5,000 units) @ $0.285 (P&L: -$313.21) – Croesus Retail Trust (6,801 units) @ $1.17 (Delisted – P&L: $3,339.89) Saizen REIT was one of our first investment in REIT and we have been holding on to it for...

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New Toy – Mi Smart Scale

KPO purchase a new toy from Lazada – Xiao Mi: Mi Smart Scale to keep track of his weight loss journey but CZM thinks it is a waste of money. Hahahaha. The “kiam” part of me is also telling me that I should not be wasting money but the devils (Lazada and Xiao Mi) won in the end. What can I say, guys love electronics and games while girls love clothes, bags, and shoes? I first started my weight loss plan on 4th September 2017 – KPO Needs to Lose Weight and my weight was 83.5kg with a BMI of 27.9. I...

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Mistake on Rights Issue – CapitaLand Commercial Trust

I made a mistake on CapitaLand Commercial Trust (CCT) rights issue! By now you would have come across the news – Capitaland Commercial Trust buys Asia Square Tower 2 for $2.09b. Although the acquisition is not yield-accretive (dividend yield decrease to 4.62% from 5.36%), KPO thought that it would still be a great idea to buy and hold CCT directly instead of the upcoming 3rd REIT ETF – Lion-Phillip S-REIT ETF. The rights issue presented an excellent opportunity for me to become a shareholder at a price lower than the market price if I were to apply/oversubscribe to the rights! Technically,...

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StashAway – September 2017

Our StashAway September statement is out! If you are wondering, the statements are generated on the second week (Friday) of the month. I have yet to set up the automatic transfer last month as we were still deciding the final amount to be put into StashAway. Last month, we went on vacation and I forgot about it totally and only transferred the amount on the 1st October 2017 so there is no new deposit shown in this statement. Eventually, we decided to just stick with $500 for various reasons. After all, our goal is to build a portfolio with...

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