Author: BULLy the BEAR

Getting the most out of a Rights Exercise

Just got news that Capitacom trust (CCT) is issuing rights to acquire Asia square towers 2. It’s a 166 per 1000 shares @ $1.363, renounceable rights issue. This means that for every 1000 mother shares you hold before it goes ex-rights (XR), you are entitled to 166 shares of rights, which you then need to go to the ATM before a dateline is up to subscribe to it by paying $1.363 per right shares. Here’s the timeline for the major events of the rights issue: I’ve been answering a lot of posts on rights recently, especially on Investingnote, so I...

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3 buckets of time revisited

Haven’t really blogged out any article for nearly a month because I was busy with work. It’s my peak season now before I can have my well deserved rest towards the end of the year. This year is qualitatively different from any years that I’ve been through, but I will blog about such things when my work for this year truly dwindles down. I want to talk about the 3 buckets of time and I’ve been spending quite a while thinking about it. I had written an article on it last year, here. Each day has 24 hours, and...

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The 4 Seasons (part 2)

I wrote a article about the different seasons using the MACD (moving average convergence divergence) indicator here. In it, I talked about how the four seasons can be characterised objectively by looking at the slope and the positivity/negativity of the histogram. Let’s see if we can replicate that into another indicator – the moving average. There are a few kinds of moving average, and usually I’m using exponential moving average (EMA) because they are more sensitive to the latest price movement. Moving average should be drawn in a pair, one shorter and one longer term with the longer one...

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My little life coach

Time flies. My son is nearly 7 months old now and personally, it feels like I’ve had him for like 7 years. They say that the day passes slowly, but the years spin by fast. I totally agree. Each day leads to night and the night merges into day again, so while you’re doing your routine and trying to get by each day, you’ll realise that months or years had gone by without you noticing. Now that the ‘honey moon’ period for being a first time father had died down, it’s all about the daily grind. I think I...

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Surviving vs Thriving

There’s a difference between surviving and thriving. When you’re surviving, you care only about the bare essentials to maintain status quo. When you’re thriving, you strive to exceed and improve the current situation. Both requires different mentality and preparation. I share with you some examples in our daily lives: 1. Taking care of children I think I’m still at the surviving mode. I feed, shower, change and make sure the baby is alive. But I wouldn’t go so far to say that I thrive yet. I’m essentially doing the basic things. Now that I’m used to the routine and...

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CDL Htrust rights are out

The CDL H trust rights are out. I applied with DBS atm and I’ve received the refund this morning already. I don’t have any mother shares before the whole rights exercise and before it goes XR, I bought 3000 mother shares at $1.645 each. My entitled rights for this 5 for 1 rights issue @ $1.28 means that I have 600 entitled rights. I applied for excess rights and got 500 shares. In summary: Mother shares: 3,000 Price of mother share before XR: $1.645 Entitled rights: 600 Excess rights: 500 Total rights: 1,100 @ 1.28 Average price before comms: $1.547 Average...

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The 6 Errors in Month-end Accounting

Every first of each month, I’ll do my month end accounting for the previous month. This means that I will do a bank reconciliation to make sure that all the accounts are properly tallied and accounted for. Today, when I was doing the same thing I had been doing for years, I realised I had a surplus of $1k. That is, my actual cash that I counted had about $1k more than the amount that is reflected digitally. This is usually a happy problem for some, but for me, any amount more than $50 is a huge major red...

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A second that lasted for eternity

There’s so many things to take picture of and to take videos of, especially when you have a kid. There are kind advice to take more videos and pictures so that you can remember those special ‘first’ that happened for your child. I remembered that when I was younger, I don’t really have much photos to show for. But at the very least, I have some photos to show for. My parents had a lot lesser, and my grandparents even less so. Perhaps each major milestone, they will have a family portrait or so. Those formal, all suited events...

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We all have our own poison

What’s your poison? Everyone has one. For some, it could be expensive branded watches. For others, it could be handbags with Italian names on it. But a poison need not be expensive things too. It could be something that is ‘costly’ to your free time, like painting or doing models of tanks etc. It’s just something you would willingly go to in your free time. For those who fuel their poison by spending a disproportionate amount of their salary into it, who are we to say that they are shallow and materialistic? They are not spending our money and...

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Bigscribe mega event of the year: Investors Exchange 2017

Bigscribe is having a mega event, called Investors Exchange 2017, this July. Those who know Bigscribe and had attended their value for money talk would know that everyone takes away something of value from attending the talk, so this mega event is no difference. Here’s the line up of the speakers and their topics: Teh Hooi Ling – Strategies for successful equities investing She is a former SPH journalist and author of the “Show me the Money” series. She has her own fund now, called Inclusif Value Fund. I read her books and loved her articles on straits times,...

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My first Father’s day

Today is my first Father’s day. It’s usually a quiet event, unlike Mother’s day, but I like it because it’s a quiet event. I don’t need fancy roses or wild celebration or chocolate cakes; just a nod, an appreciation and a pat on the back is good enough. It’s a team effort, where the glory is not for any individual parent but for the entire family, together as one. I rehashed this old post, which I still think is very meaningful. Perhaps now, as a newly minted father, it’s even more meaningful. I still get touched reading this. Happy...

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The 4 Seasons

There is a time and season to do certain things, and most things go about in their own cycles. It’s the same for investing or trading. There’s a time to sow the seeds, a time to wait, a time to harvest and a time to just lie in bed and do nothing. Today, we’re going to talk about the seasons in my trading. There are 4 seasons: Spring, Summer, Autumn and Winter. Each defines a certain mood that characterizes both the change in climate as well as the activities that follows it. Spring: A new hope, a new beginning....

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My almost half year reflection

Time only gets faster and faster as we get older and older. It’s the same for this year. Before I knew what happened, June is here and almost half a year is upon us. Let’s have a review on what had happened in this year so far. 1. Greatest event of the year – birth of my son My son continues to be the source of sleeplessness, frustration, joy and happiness for me. Life is a lot different compared to a few months back when me and my wife are still living as a couple. Now with the ‘3rd...

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Is Haw Par a golden tiger or a sick cat?

This is a guest post by the kind folks over at Investingnote. It seems that now they have an in house technical chartist and an analyst as well. Good for them. It’s quite a detailed analysis with FA and TA perspective, but this kind of company isn’t my cup of tea, LOL. The chart failed to trigger any buys in my system, so yeah, it’s good to know about the company and keep it in mind the next time you use their signature muscle rubs or ointment. —————————————————– A Golden Tiger: $Haw Par(H02 ) This column is jointly written...

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The math of crisis investing

I want to find out what is the possible rise in my portfolio after investing during crisis, and in so doing, I can find out the optimum amount of cash to keep. The problem with cash is that while it’s very useful during crisis, there’s a cost to it. It’s the drag on your portfolio return, that is, your cash is rotting in the bank doing nothing. On the other hand, investing throughout the ups and downs will mean that your portfolio volatility will be swinging in extremes too. Not for the faint hearted. I start off by looking...

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