Author: My Sweet Retirement

Kingsmen Creatives 3Q2019 Net Profit Tumbled 93%

Nowadays, when I thought of Kingsmen Creatives, they remind me of NERF. This is because the NERF Action Xperience (“NAX”) Arena is open at Marina Square on 4th October 2019. Spanning over 18,000 square feet in Marina Square, the world’s first NAX arena is an edutainment-inspired Family Entertainment Centre designed to encourage active play and teamwork. Now, back to Kingmens Creatives 3Q2019 financial results. I thought my eyes was playing a trick on me. Revenue fell slightly by 1.2% to S$90.85 million. However, net profit fell by a whooping 93% to S$115,000. 3Q2019 Financial Results 3Q2019 (S$’000) 3Q2018 (S$’000)...

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Screening For Dividend Stocks In November 2019

How do I find stocks to analyse and decide if it is worth investing? Every month, I will always start by running the stock screener that I have saved on Stocks Café. There are several websites that offer such a tool to screen for stocks using conditions that you can set such as dividend yield, P/E ratio, P/B ratio and Market Capitalization etc. Some website that offers such a tool are Singapore Exchange, FSMOne and StocksCafe. The stock screener offered by Stocks Café allows me to save the conditions that I can pre-set. You can check out my review here...

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Summary of October 2019 Transactions

Besides the regular monthly purchase of Singapore Savings Bonds, I have made no other buy or sell transactions. The effective interest rate for Singapore Savings Bonds is falling and I am expecting it to fall further. Fixed deposits are offering better interest rates as much as 1.7% p.a. for a 12 month fixed deposit but of course the minimum amount is much higher as compared to the minimum amount of S$500 for Singapore Savings Bonds. I am looking forward to the preferential offering by Mapletree Commercial Trust. Today, I received the following notification: Launch of Preferential Offering and Despatch...

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57 Years Old and Currently Still in The Rat Race

One of my readers asked me for advice on the below scenario that he is facing. Chance upon your blog since you had one of the REITs that long disposed of but yet I’m still keeping till date (i.e. SoilBuild Business Space REITs). Really enjoy reading your blog and analysis. I’m 57 years old and currently still in the rat race, having a job that isn’t passionate about and feeling the anxiety and pressure despite already pass the benchmark 55th. I’m not good in investing but saving prudently and working hard, having a bit of equities in CASH, CPF,...

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Frasers Commercial Trust Continues to Maintain DPU of 2.40 Cents For 4QFY19

One thing I liked about Frasers Commercial Trust is that it has been maintaining its Distribution Per Unit (“DPU”) over the past quarters and past years. On 22nd October 2019, Frasers Commercial Trust announced its 4QFY19 financial results. Compared to 3QFY19, the financial results have improved slightly. In 4QFY19, gross revenue increased by 1.7% to S$32.9 million as compared to 4QFY18. Net Property Income (“NPI”) increased by 0.5% to S$21.7 million while Distributable Income increased 2.3% to S$21.9 million. The Distribution Per Unit (“DPU”) remains unchanged. Depending on how you view this, DPU remaining unchanged can be a good...

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SPH REIT Full Year DPU for FY19 Up 1.1%

I was extremely busy with work this month and thus didn’t have time and energy to catch up on the financial results of the stocks and REITs that I have held in my stock portfolio. Earlier this year, I have added SPH REIT to my stock portfolio. SPH REIT currently makes up 11% of my entire stock portfolio. On 10th October 2019, SPH REIT announced their 4QFY19 financial results. The results are inline with my expectations. The most important of all, Distribution Per Unit (“DPU”) increased by 2.1% to 1.46 cents. The full year Distribution Per Unit (“DPU”) continued...

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The Best Fixed Deposits of October 2019

As the interest rate for Singapore Savings Bonds continue to fall, it is probably time to consider the traditional fixed deposit promotions. It is very difficult to decide which is the best fixed deposit promotion for the month of October as the minimum placement amount is different for each bank. The locked in period is also different. Below are the fixed deposit promotions that I have found in the month of October. If you have S$20,000 to spare to lock in for 12 months, I will choose CIMB as it offers the best interest rate of 1.85% p.a. If...

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November 2019 Singapore Savings Bonds is 1.74%

The effective interest rate for November 2019 Singapore Savings Bonds (GX19110F) fell to a new low which is 1.74% if you held it for 10 years. The interest rate is the lowest and the worst for the past 12 months. The minimum amount you can purchase for Singapore Savings Bonds is S$500. If you decide to hold and sell it for 1 year, the effective interest rate is 1.62%. If Singapore Savings Bonds does not suite your taste bud, you can consider fixed deposits. DBS Multiplier Account + Singapore Savings Bonds If you hold a DBS Multiplier Account, you...

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Summary of September 2019 Transactions

This month, OUE Hospitality Trust has disappeared from my stock portfolio due to its merger with OUE Commercial Reit. After the merger, OUE Commercial Reit makes up 3% of my stock portfolio. I am not sure if there is anything to applaud with regards to the merger as I am not familiar with OUE Commercial Reit. For now, I am not doing anything until I find time to look into the assets of OUE Commercial Reit. I know there is a hype about the IPO of LendLease Commercial Reit recently. The IPO ends today and I am giving it...

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Value Unlocked with Mapletree Commercial Trust Proposed Acquistion of MBC II

Mapletree Commercial Trust current own VivoCity, Mapletree Business City I (“MBC I”), PSA Building, Mapletree Anson, Bank of Amercia Merrill Lynch HarbourFront (“MLHF”) in its portfolio. This is one piece of news investors of Mapletree Commercial Trust has been waiting for. On 27th September 2019, Mapletree Commercial Trust has proposed the acquisition of Mapletree Business City (“Phase 2”). Since its IPO in 2011 to the current 2019, Net Property Income has increased from S$124 million to S$347.6 million. Distribution Per Unit (“DPU”) has increased from 5.271 cents to 9.14 cents. There are various reasons or rationale the manager has...

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