Author: KPO Adventure

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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,...

Read More

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...

Read More

PayNow Promotion Part 2

When PayNow was first launched back in July, I analyzed and wrote an article about it – PayNow and its Promotions. I recommended one to registered with SCB for the $10 or with OCBC to win their lucky draw. 2 days ago, I received an SMS from SCB stating that the $10 has been credited to my bank account :) Who doesn’t love free money? Thank you SCB! SCB paid out $200,000 for this promotion – $10 for the first 20,000 eligible customers. Whoever working in SCB, your bonus must be awesome. lol. Any lucky readers that won any of the...

Read More

How ETFs Work – Using Lion-Phillip S-REIT ETF as an Example

I have written an article on SGX 3rd REIT ETF – Lion-Phillip S-REIT ETF last week. CZM and I were initially quite interested until some of the readers mentioned that there will be a 17% corporate tax which will reduce the dividends significantly! Do check it out if you have yet to read it :) We all know that Exchange Traded Funds (ETFs) are low cost passive funds but have you ever wonder/know how ETF works? Vanguard has an article explaining this – How ETFs work. Using Lion-Phillip S-REIT ETF as an example, the ETF sponsor is Lion Global Investors Limited...

Read More

Croesus Retail Trust – Interesting Opportunity to Arbitrage

As you might already know, Croesus Retail Trust will be delisted on 27th October 2017 as it has been acquired – Blackstone makes offer for Croesus Retail Trust at S$1.17 per unit. The interesting thing is that the current share price is S$1.165 and that presents an opportunity to arbitrage! I buy at $1.165, hold till 11th October 2017 and get paid S$1.17 on 27th October 2017. As a SCB priority customer, there is no minimum commission and the commission structure is as follows: 1. Brokerage Fees: 0.18% 2. SGX Clearing Fee: 0.04% 3. GST: 7.00% A quick calculation shows...

Read More

Portfolio Update – September 2017

Our portfolio grew by 0.58% to $268,305 – $3,263.93 of capital injection which was partially offset by market moving against us, -$1,723.93! At one glance, the decrease can be mainly attributed to Soilbuild REIT (-$750), Guocoland (-$720) and Capitaland (-$560). SOLD – Lippo Malls Trust (4,000 units) @ $0.44 (PnL: $611.81) Lippo Malls Trust is one of my “legacy” stocks which I have been holding for about 3 years (first purchased on 27-05-2014, back in my university days). If I remembered correctly, I bought it because it had a high dividend yield. lol. Anyway, Heartland Boy wrote an excellent piece on...

Read More

3rd REIT ETF – Lion-Phillip S-REIT ETF

KPO and CZM are back from our long 2 weeks holiday and we missed the APAC Realty IPO! I can only console ourselves that we have not been very lucky with IPOs so we will most likely waste the $2… On the bright side, a 3rd REIT ETF – Lion-Phillip S-REIT ETF will be listed on SGX. The main difference is that the REITs in the ETF are all from SGX. The ETF attempts to replicate the Morningstar Singapore REIT Yield Focus Index (click on “Equity” follow by “Dividend”). You can refer to the prospectus in MAS site for more information too. Since this...

Read More

Going on Holiday to Hong Kong and Indonesia!

KPO and CZM will be going on holiday for the next 2 weeks – Hong Kong for 5 days and Indonesia (Bandung and Jakarta) for 6 days! Our total expenses before we even go for the trip are as follows: Disclaimer – I did not pay for all the trip. The KPO is referring to our KPO Expense Fund :) Our flight to Hong Kong is through Jetstar (without luggage). If you are wondering why the flight to Bandung is so cheap, I have written an article on how/why we decided to use miles to exchange for it – KrisFlyer...

Read More

Like us on Facebook

Follow us on Twitter