Author: My Sweet Retirement

My Sweet Retirement Top 10 Financial Posts in 2018

We are finally in the last month of the year 2018! When I started MySweetRetirement website, I have never expected to make it so far. Given my busy work schedule, I only have time to do research and analyze stocks at night. Writing personal analysis of stocks allows some form of structured thinking and guidance towards my final decision whether to invest or not to invest in those stocks I found. At the end of every month, I will review and update my stock portfolio. This allows me to have a quick overview of my investments and not over-allocating...

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January 2019 Singapore Savings Bonds is 2.45%

The effective interest rate for January 2019 Singapore Savings Bonds (GX19010T) is 2.45% if you held it for 10 years. As usual, I shall be allocating a portion of my monthly salary into safe haven. Singapore Savings Bonds acts as a form of emergency fund when the need arises. If you didn’t know, Singapore Savings Bonds pays out interest every 6 months. Thus, if you have subscribed for January 2019 Singapore Savings Bonds, the next payout will be July 2019 and January 2020 respectively. If you own a DBS Multiplier Account, you can also apply the hack to earn...

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Summary of November 2018 Transactions

November is ending soon and we will be in the last month of the year 2018. There is basically no major changes to my stock portfolio as I have not sold or added new stocks to my portfolio except for the monthly routine of allocating some cash aside for Singapore Savings Bonds. As such, the percentage of Singapore Savings Bonds crept up from the previous 16% to current 17%. As the festive season gets closer, I am expecting my expenses to crept up this month and next month due to purchase of gifts for friends and my family. I...

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Singtel Regional Associate Earnings Fell 23 Percent in Q2FY19

I can see why Singtel’s share price has plunged as low as S$3.08 recently. According to Singtel’s latest quarter financial results, The associates’ post-tax profit contributions declined 23% mainly from Airtel and Telkomsel in Q2FY19. The contributions from the associates were also negatively impacted by the strong Singapore Dollar. As mentioned in My Personal Analysis of Singtel, 48% of Singtel’s net profit comes from its Regional Associates which consists of Airtel, AIS, Telkomsel and Globe. From the presentation slide from Singtel below, I can see that the two regional associates, Telkomsel, the indonesian Telco and India based Telco, Bharti contributed to...

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Sixty Nine Percent Invested Thirty One Percent Cash

The last time I checked how much have I invested versus how much cash I have on hand was almost 5 months ago which was in June 2018. At that point, I held thirty five percent cash and sixty five percent invested. As of 17 November 2018, I held 31 percent cash and my investment makes up sixty nine percent. Knowing how much cash I have on hand is important as I know usually this is the period where the festive season is nearing and my expenses will increase due to buying Christmas presents and eating out at restaurants...

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No Recovery In Sight Yet Based On OUE Hospitality 3Q2018 Financial Results

It was another quarter of disappointing financial results for OUE Hospitality Trust. On 7th November 2018, OUE Hospitality Trust announced their 3Q2018 financial results. Despite claims of increasing tourists arrival to Singapore, the financial results was a sea of red. Net Property Income (“NPI”) for 3Q2018 was $0.4 million lower than 3Q2017 due to lower gross revenue from the properties. Distributable income in 3Q2018 was S$1.3 million lower than in 3Q2017, and Distribution Per Share (“DPS”) for 3Q2018 was 1.28 cents, 5.9% lower than 3Q2017. The manager attributed the lower distribution to mainly the absence of income support for Crowne...

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Frasers Logistics and Industrial Trust Full Year DPU is 7.19 cents

This is the financial results announcement I have been waiting for. On Monday, 5th November 2018, Frasers Logistics and Industrial Trust has announced their 4QFY18 financial results. You can guess why I am so anxious and excited as Frasers Logistics and Industrial Trust makes up 15% of my stock portfolio and 23% of my wife’s stock portfolio. The manager of Frasers Logistics and Industrial Trust has been rather aggressive in their property divestment and new acquisition and I am expecting some extraordinary results. You can read more of them here: Frasers Logistics and Industrial Trust Divests 80 Hartley Street Asset Frasers...

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CIMB Bank Christmas Fixed Deposit Promotion

The festive season is here again. CIMB Bank beats other banks and launched their Christmas Fixed Deposit promotion ahead of everyone else. CIMB Bank is offering an interest rate of up to 1.90% per annum. This promotion is similar to their 9th Birthday Fixed Deposit Promotion except that interest rate is higher! You can choose the duration of 3 months, 6 months or 12 months and if you apply online, they offer higher interest rates as shown in the table below. Interest Rates (% p.a.) 3 Months 6 Months 12 Months Branch Rate 1.30 1.45 1.55 Online Exclusive Rates...

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December 2018 Singapore Savings Bonds is 2.57%

The effective interest rate for Singapore Savings Bonds is at 12 months high at 2.57%. The last month where such high interest rate was offered was in August 2018 as you can see from the graph above. As usual, I shall be allocating a portion of my monthly salary into safe haven. Singapore Savings Bonds acts as a form of emergency fund when the need arises. This month, the effective interest rate for December 2018 Singapore Savings Bonds (GX18120X) if you held it for 10 years is 2.57%. If you didn’t know, Singapore Savings Bonds pays out interest every...

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Summary of October 2018 Transactions

This is an exciting month as REITs start to announce their financial results. With the exception of Frasers Logistics and Industrial which will announce their financial results in November, Frasers Commercial Trust, Mapletree Commercial Trust, CapitaMall Trust and Parkway Life REIT has all announced their financial results. I am happy that Frasers Commercial Trust managed to sustain 2.40 cents per unit for 4Q2018. At the current share price of S$1.43 and FY18 total distribution per unit of 9.60 cents, the yield is 6.71%. The other REIT with fantastic financial results was Mapletree Commercial Trust which reported a growth of 1.3%...

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Mapletree Commercial Trust DPU Grew 1.3% for 2QFY18/19

This is one REIT that give you no surprises. It has been almost a year since I wrote Why I Bought Into Mapletree Commercial Trust. Today, Mapletree Commercial Trust has announced their 2QFY18/19 financial results. Distribution Per Unit (“DPU”) grew by 1.3% to 2.27 Singapore cents driven by higher contribution from VivoCity, MBC I and MLHF. Mapletree Commercial Trust’s flagship shopping mall, VivoCity achieved healthy growth in shopper traffic and tenant sales of 5.8% and 2.8% respectively in 2Q FY18/19. In addition, the speculation in Investing Note forum that the hypermart will be replaced came true. FairPrice will replace VivoMart with...

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Frasers Commercial Trust Declares Stable DPU of 2.40 cents for 4QFY18

Frasers Commercial Trust has announced their 4QFY18 financial results on Friday, 19th October 2018. As mentioned in my previous post (My Personal Analysis of Frasers Commercial Trust), Frasers Commercial Trust has managed to pay out 2.40 cents for 1QFY18, 2QFY18 and 3QFY18 respectively. If they payout 2.40 cents for 4QFY18, this will amount to a total of 9.6 cents in FY18 versus 9.82 cents in FY17 which is a merely 2.24% drop in annual DPU. Yes, as per predicted, they have declared a distribution per unit of 2.40 cents for 4QFY18. Debt The proceeds from the divestment of 55...

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My Sweet Retirement Applies T2023 Temasek Bond For Spouse

I am usually not interested in bonds except for Singapore Savings Bonds. However, a recent bond review by Adam Wong at the Fifth Person caught my attention. (Read more: Temasek retail bond: 5 things to know before you invest in the T2023-S$ bond) Cutting the long story short, Temasek is offering a 5 year bond which matures in 2023 at a fixed interest rate of 2.7% per year. Interest is paid every 6 months and the principal amount is guaranteed by Temasek. The minimum investment amount is S$1,000 or more, in multiples of S$1,000. If you invest S$10,000, you will...

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October 2018 Financial Results Announcement Dates

It is almost coming to the end of the year and I am expecting to receive my last tranche of dividends payout from the REITs I am holding. With the recent announcement of Fed interest rate hike, it impacted the share price of REITs, causing them to decline slightly. For the past week, the stock market was in a sea of red. However, the stock market managed to recover slightly and re-bounced back on Friday, 12th October 2018. The risk that I am expecting for Frasers Logistics and Industrial Trust has actualized as AUD weakened further against the Singapore...

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Fixed Deposit Promotions in October 2018

Following my post on CIMB Bank’s latest fixed deposit promotion, I realize many other banks are introducing their fixed deposit promotions as well. Despite fixed deposits having a locked in period for a specified amount of time (usually 12 or 24 months), fixed deposits offer much lower risks as compared to investment products such as stocks and REITs. For example, REITs have recently suffered a setback when Federal Reserve decided to hike their interest rates in September. My stock portfolio was not spared. Another comparable investment product which has low risk is the Singapore Savings Bonds. However, you will...

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