Author: My Sweet Retirement

My Total Dividends Collected For 2017

Time flies and we are in the last month of the year 2017. I am not expecting anymore companies in my stock portfolio announcing dividend payout. This year, the total dividends I have collected is S$7,350.31. This was a 27.5% decrease in dividend collected as compared to the year 2016 where I reap a total of S$10,132.04 in dividends. The reason for the decline was a lack of special dividends payout in some stocks I held and also declining distribution per unit (“DPU”) for the REITs I am holding. From the declining DPU of some REITs, the lesson I learnt...

Read More

Summary of November 2017 Transactions

This month, there is some major changes to my stock portfolio. If you have noticed, I have fully divested Soilbuild Business Space REIT (Goodbye SoilBuild Business Space REIT). With the cash from the divestment, I have increased my stake in CapitaMall Trust and Mapletree Commercial Trust (Why I Bought Into Mapletree Commercial Trust). A few readers wrote in to ask why I bought the above two REITs which are considered selling at a premium right now? Basically, I am satisfied with the current yield the two REITs are paying. By increasing my units of holding, I am expecting to...

Read More

Seventy Five Percent Invested, Twenty Five Percent Cash

Recently, I have added more of Mapletree Commercial Trust and CapitaMall Trust to my stock portfolio. As such, cash on hand has decreased. I have also been performing Supplementary Retirement Scheme (SRS) top up over the past few months to reduce the income tax amount I have to pay next year. My current cash on hand versus my total investment in stocks is 25 percent versus 75 percent respectively. I am expecting my cash to increase next month as just like Kevin from Turtle Investor, I am expecting to receive my annual wage supplement in the month of December....

Read More

What Have You Bought on 11.11

I cannot miss out such good deals. On 11 November 2017, almost all online shopping websites are having crazy deals and sales. My hands are not fast enough for the Razer and Marshall Surprise Boxes. The boxes were out of stock within 10 seconds when I tried to complete my transaction. However, I managed to grab myself a HP surprise box from Lazada instead. According to blog reviews I read, the item in the surprise box is worth more than S$100 but you only pay S$29 for it. Yes, I paid only S$29 for the HP Surprise Box. It...

Read More

Why I Bought Into Mapletree Commercial Trust

  Recently, I mentioned that I have sold off SoilBuild Business Space REIT and reinvested the cash into another stock. One of the stock is Mapletree Commercial Trust. If you notice, I already own Mapletree Commercial Trust in my stock portfolio. I am only increasing my stake on it. Why did I buy into Mapletree Commercial Trust? One of the reason is the excellent 2Q FY17/18 financial results that Mapletree Commercial Trust has released recently. While other REITs suffer from either flat DPU or declining DPU, Mapletree Commercial Trust achieved a DPU increase of 9.3%! 2Q FY17/18 (S$’000) 2Q...

Read More

My Personal Analysis of CapitaLand Commercial Trust

CapitaLand Commercial Trust catches my eye when I was researching on REITs that own car parks in their portfolio. If you didn’t know, Golden Shoe Car Park is one of the assets in CapitaLand Commercial Trust portfolio. But in general, CapitaLand Commercial Trust is similar to Keppel REIT which consists of mainly Grade A office assets. Golden Shoe Car Park is undergoing a redevelopment which is due to complete in 1H2021. The car park will be redevelop into a commercial development in Raffles Place. Portfolio CapitaLand Commercial Trust has the following properties in its portfolio. Capital Tower CapitaGreen Six...

Read More

Goodbye SoilBuild Business Space REIT

  I have long wanted to sell off SoilBuild Business Space REIT almost 1 year ago. Recently, I have divested all my holdings of SoilBuild Business Space REIT. Without dividends, I have made a loss of 11%. With dividends included, I have made a profit of 9%. Below are my reasons for selling of SoilBuild Business Space REIT. Risky Business As we know, two tenants have defaulted over their rent (72 Loyang Way and NK Ingredients Pte Ltd). Blame it on poor economic outlook or collapse of marine oil and gas sector but as I wrote previously, 11% of...

Read More

Kingsmen Creatives 3Q2017 Results – Recovery No Where In Sight

Kingsmen Creatives have just released their 3Q2017 results and the financial figures does not seem very pleasing. Revenue declined across three out of its four business divisions for 3Q2017 as compared to 3Q2016. It seems that recovery is no where in sight. Here are the financial results across its four business divisions. The Exhibitions & Thematic division registered a revenue of S$32.3 million, an increase of S$0.9 million or 2.7% from S$31.4 million recorded in 3Q 2016. The Retail & Corporate Interiors division recorded a revenue of S$30.6 million, a decrease of S$8.0 million or 20.8% compared to S$38.6 million in 3Q...

Read More

Temasek Sold 50K shares of SoilBuild Business Space REIT

If you have subscribed to email news alert from any of the REIT’s website, you may occasionally receive email announcements like the one below. Sometimes, it gets really frustrating that the announcement title does not indicate whether the substantial unit holder is increasing his holdings or selling his shares.   Today, upon receiving the above email announcement from SoilBuild Business Space REIT, I decided to check out Spiking which is a new mobile application I downloaded recently. Look what I found. Temasek Holdings (Private) Limited has sold 50K of SoilBuild Business Space REIT at the price of S$0.68 per...

Read More

CapitaMall Trust Resilient But 3Q2017 DPU Is Flat

CapitaMall Trust announced its 3Q2017 financial results today. I am pleased that CapitaMall Trust manage to maintain its Distribution Per Unit of 2.78 cents which is the same as 3Q2016. This is despite gross revenue actually fell by a minor of 0.2% for 3Q2017 as compared to the same quarter in 2016. In my previous post, I wrote about the resiliency of CapitaMall Trust and till date, my opinion still holds. Almost every retail REIT listed on the Singapore Exchange is facing the economic headwinds and suffering from the impact of the growing popularity of online shopping. The fact...

Read More

How to Get 100 dollars Cash Free

Recently, I have came across a fantastic credit card promotion deal and I have signed up for it. It is not a new recent promotion as I saw the promotion has been running from 23 June 2017. The promotion runs from 23 June to 31 December 2017. CIMB is having a credit card promotion whereby you can get S$100 of cash credit by applying for their credit card and make a minimum spend of S$300 within 3 months  from the credit card approval date. That is a (S$100/S$300) x 100% = 33.33% discount for S$300 spent. Here are the steps...

Read More

First Pure Singapore REITS ETF – Lion Phillip SREIT ETF

Today, I received a message from my broker asking whether I am interested in subscribing for the Lion Phillip SREIT ETF. The IPO price is at S$1.00 and no balloting is required which means a full allocation will be given if I subscribe for it. It is the first REIT ETF that is purely based on Singapore REITs. Capitaland Mall Trust, being my favorite REIT in my stock portfolio makes up the major component in this ETF. A glance at this Lion Phillip SREIT ETF gives me the impression that this ETF is overweight on Retail REITs and Industrial...

Read More

November 2017 Singapore Savings Bonds is 2.07%

There was a significant drop in November’s effective interest rate as compared to October’s effective interest rate for Singapore Savings Bonds. If you held the bond for ten years, October’s effective interest rate was 2.13% while November’s effective interest rate is 2.07%. Recently, I have bought more of Singapore Savings Bonds. As such, Singapore Savings Bonds currently makes up 14% of my stock portfolio. Different people will have different reasons for buying Singapore Savings Bonds. As the current stock market is expensive and most REITs are yielding 6% or less, I find it non attractive to buy into the...

Read More

Summary of September 2017 Transactions

There is no change to my stock portfolio this month. Although the stock market has retraced slightly this month, I still think most of the companies are still expensive to buy. A recently article published by The Fifth Person has enlightened me which is to avoid buying a stock at the wrong price. I remembered the saying goes “A good stock purchased at the wrong price can be a bad investment” thus we should always be patient to wait for the right price and not rush into a hasty investment. While waiting for an opportunity to divest Soilbuild Business...

Read More

Hewlett Packard Vacates Alexandra Technopark

Previously, I wrote about the investment risk of Frasers Commercial Trust which is the lease expiry for Hewlett-Packard ( Frasers Commercial Trust Long Term Play in Office Rental ). The fear has turned into reality. Frasers Commercial Trust has announced that it has been informed by Hewlett-Packard Enterprise Singapore Pte Ltd (“HPE”) that they will vacate their space at Alexandra Technopark upon the expiration of relevant leases on 30 September and 30 November this year. The rental income for the space to be vacated makes up 6.6% of FCOT’s total gross rental income for the month ended 30 June 2017. In the...

Read More

Like us on Facebook

Follow us on Twitter