Frasers Commercial Trust Long Term Play in Office Rental

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While most REITs are announcing their 4Q2016 or FY2016 financial results, Frasers Commercial Trust is actually announcing their 1Q2017 financial results. Net Property Income fell by estimated 1% due to lower occupancy for China Square Central and Central Park. We understand that China Square Central has started the development of a 16 storey hotel and the construction works will definitely … [Read more...]

Far East Hospitality Trust Undervalued or Value Trap?

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Far East Hospitality Trust makes up a minor 2% in my stock portfolio. Finally, I have decided to cut loss and sold off Far East Hospitality Trust in my stock portfolio. Despite collecting the dividends over the years, I still made a loss of 20%. I bought Far East Hospitality Trust in my early investment days where I knew nothing about analyzing a good stock. It was purely bought on speculation … [Read more...]

OCBC Bank Makes It Easier to Buy Singapore Savings Bonds

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The effective interest rate for March 2017 Singapore Savings Bonds is 2.38%. It seems that it is now easier to buy Singapore Savings Bonds. When I logged in to OCBC Personal Internet Banking, I noticed a new menu option called Singapore Government Securities in the menu. Upon launching the page, I realized that it is now easier to buy government securities such as Singapore Savings Bonds, … [Read more...]

OUE Hospitality Trust Yet to Shine with Its Gem Crowne Plaza Changi Airport

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The results from OUE Hospitality Trust kind of surprised me. The income for OUE Hospitality Trust comes from two main segment which is the Hospitality segment and Retail segment. I am expecting lower revenue from the Hospitality segment due to current economic headwinds in the tourism sector and stronger revenue from its Retail segment due to opening of Michael Kor and Victoria Secrets but it … [Read more...]

Keppel REIT DPU Decreased but Manager Management Fees Increase

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I held 7% of office REITs in my stock portfolio, mainly made up of Keppel REIT and Frasers Commercial Trust at 5% and 2% respectively. Keppel REIT has announced its 4Q2016 financial results on 24th January 2017. A set of pretty disappointing results which reflects the weakness and headwinds in office REITs in current economy. I expect headwinds but didn’t expect results to be so bad. This is in … [Read more...]

SoilBuild REIT High Yield Provided Investors Can Stomach the Risks

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2016 was an exciting year for SoilBuild REIT. I have been following SoilBuild REIT closely since I held 5% of Soilbuild REIT in my stock portfolio. Activities in 2016 includes the Default of Technics Offshore Marine, Acquisition of Bukit Batok Connection and Preferential Shares Offering. On 23rd January 2017, Soilbuild REIT has announced its 4Q2016 financial results. Gross Revenue, Net Property … [Read more...]

My Sweet Retirement Wishes You a Happy Chinese New Year!

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Dear readers and fellow financial bloggers, The festive season is here again. The year 2017 is the year of the Golden Rooster. Towards the end of January 2017, several REITs have concluded their FY2016 financial results. Most of them have barely achieve an increase in annual distribution per unit (“DPU”). Capitamall Trust, Soilbuild, Keppel REIT all have reported a fall in DPU. From these … [Read more...]

CapitaMall Trust 4Q2016 Financial Results Resilient Under Current Economic Headwinds

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I have previously added more of CapitaMall Trust to my stock portfolio in November 2016 which I have blogged about (My Personal Analysis of Capitaland Mall Trust). CapitaMall Trust announces its 4Q 2016 or full year 2016 results on Friday, 20th January 2017.  The financial results are within my expectation. When I mean within my expectation, I do not expect CapitaMall Trust to outperform but to be … [Read more...]

Structured Deposit vs Fixed Deposit

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While searching for Chinese New Year fixed deposit promotions, I came across the above promotion advertised. The bank is offering structured deposit that offers up to 12.1% returns over 6 years. It sounds very attractive to me given the high interest rate. As I am not familiar with structured deposit, I decided to do some further research on it. What is a structured deposit? A structured … [Read more...]

Chinese New Year 2017 Fixed Deposit Promotion

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Banks usually offer higher promotional interest rates during Chinese New Year. Standard Chartered Bank seems to be the first mover that launch its Chinese New Year 2017 Time Fixed Deposit promotion. CIMB did not offer special interest rates for fixed deposits this year. Instead, they are giving away gift sets such as abalone and it is limited to a number of placements. I shall update the … [Read more...]

Do You Think We Will Experience Capricorn Effect in Jan 2017?

What is the Capricorn effect? Capricorn astrology is from 22nd December to 19th January. According to Wikipedia, the Capricorn effect refers to the month of January where stock prices tend to increase more than other months of the year. It is only a hypothesis. The effect was observed by Sidney B. Wachtel who was an investment banker. Rationale behind the hypothesis Individual … [Read more...]

My Sweet Retirement Annual Review of 2016

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The year is ending and it is time to self reflect on the goals that I have set for myself last year. (My Sweet Retirement Annual Review of 2015) 1. Achieve 10K of Passive Income (Met) Using SGX Cafe application to track my dividends, I have received a total dividends of S$10,132.04 for the year of 2016. I am glad I achieved this goal, thanks to the hefty and unexpected special dividend payout … [Read more...]

My Sweet Retirement Top 10 Financial Posts in 2016

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The year 2016 is ending and I looked back at the blog posts I have written this year. I am glad some of my personal analysis made it to the top ten posts in terms of viewer traffic. If you are not aware, I purposely title my analysis as “personal analysis” because I am not an expert in stock analysis. I tried to do my own analysis of companies based on what I have learn from courses, books and … [Read more...]

Book Review: It is Only Money and It Grows on Trees!

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This is an eBook I received from Cara MacMillan in return for a book review. Apologies for the long time I took to finish reading the book as I was very occupied with work these few months. The content of this book touches my inner soul deeply. The author uses students of different religion and in a role playing style, the book shares about how students of different religions have different … [Read more...]

My Sweet Retirement Wishes You a Joyful and Merry Christmas!

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Dear readers, Today is my favorite holiday celebration of the year again. Most of you may be taking time off from work, doing last minute shopping and preparing for a warm loving family dinner tonight to celebrate Christmas Eve. I felt blessed to have fellow reader leaving positive comments and encouragement through the year of 2016. Here are some of my favorite financial blogs and … [Read more...]

Why I Close My Citibank Step Up Interest Account

Today, I went to Citibank branch at Church Street to close my Citibank step up interest account and withdraw the balance. First, I filled up the account closure form at the customer service counter. Apparently or coincidentally, there was a queue of people closing their step up interest account as well. Second, take a queue number. When it is your turn, the bank teller will tell you she … [Read more...]

Federal Reserve Raise Interest Rates and Three Times in 2017

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Against everyone’s predictions, the Federal Reserve has decided to raise interest rates in the recent December Federal Reserve meeting. It was also mentioned that Fed may plan to raise interest rates three times in the year 2017. In my previous post (Why Fed Decides Not to Increase Interest Rate), I mentioned one of the factors Fed decided not to raise interest rates in the previous meeting was … [Read more...]

Walk to Earn Thirty Five Dollars

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Have you heard of the National Steps Challenge? I think this may not be something new to you. On the streets, you can see people wearing a black, blue or red color band on their wrist. That is a step tracker issued by the Health Promotion Board. I have met the Tier 1 criteria and have redeemed my $5 dollars NTUC voucher. In order to earn all the vouchers which total up to S$35 dollars, you need … [Read more...]

Headwinds Continue for The Hour Glass 1H 2017

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From the 1H FY2017 financial results below, we can see how much the current economic downturn has hurt the luxury business. On a positive note, the Group’s balance sheet remains robust with consolidated net assets of $444.2 million with cash and cash equivalents of $85.3 million. Unaudited 1H FY2017 Results For the Period ended: 3 Sep ’16 $’000 30 Sep ’15 $’000 Change … [Read more...]

Thai Beverage Breaks Down from Descending Triangle

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Thai Beverage has always been in my stock watch list (Most people drink beer in good times and bad times right?). I have always wanted to own a beer company in my stock portfolio and it is about buying at the right price. Previously, I have wrote about Thai Beverage forming a descending triangle. This is a bearish pattern. On 16th November, the chart confirmed that Thai Beverage has broken down … [Read more...]