Author: Passive Income Farmer

Planting more REIT trees for dividend fruits

REITs counters have been battered recently due to the anticipation of imminent rate hike in December. I have taken the opportunity to load more REITs into my portfolio.  I have added CMT, Keppel DC Reit (rights), AA Reit, MCT, CDLHT, ParkwayLife Reit and FLT.  Did not see such volatility in CMT prices in recent times.  Unfortunately, FCT and A Reit did not come down low enough for me. Except for AA Reit, which continues its downward trend, the rest have so far recovered a bit from their recent lows. I do not know whether this is a good time...

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My Stock Portfolio @ end Oct 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1 SGX 4,000 12.41 7.09 2 Starhub 7,000 10.36 3.38 3 SPH 6,000 9.77 3.72 4 SATS 3,000 6.35 4.84 5 OCBC Bank 1,438 5.34 8.48 6 UOB 613 5.04 18.78 7 Suntec Reit 5,800 4.26 1.68 8 AIMS AMPI Reit 6,800 4.11 1.38 9 SingTel 2,190 3.72 3.88 10 Keppel Corp 1,600 3.70 5.28 11 CapitaMall Trust 4,000 3.62 2.07 12 FCT 3,800 3.46 2.08 13 Starhill Global Reit 8,900 3.17 0.815 14 SPH Reit 6,700 2.86 0.975 15 CapitaLand 2,000 2.70 3.09 16 Keppel DC Reit 4,500 2.45 1.245...

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Boring Weekend Musing: Rights and Wrongs

Keppel DC Reit is on a buying spree this year.  The Milan DC, the Cardiff DC and now a Singapore DC (Keppel Datahub 2). A rights issue for Keppel DC Reit is coming in November.  It is a preferential offering of 274 new units for every 1,000 units held for an issue price of $1.155. Initially there was not much “meat” in the offer as it is just about 5% discount to its current price then.  But Keppel DC Reit’s price has gone up since the news and now the discount is closer to 10%. I have collected $300+...

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Is the SPH dinosaur facing extinction?

SPH reported a 17.5% fall in FY16 earning and my Christmas present gets smaller again. (SPH pays its final dividend on 23rd Dec every year). SPH has been a very good dividend master for a long time.  However, the declining trend of dividend payouts is hard to ignore and worrisome.  Like the Antarctic glaciers’ gathering pace towards the ocean in this global warming era, SPH’s declining dividend is also gathering pace: 2011 – 24c 2012 – 24c 2013 – 22c 2014 – 21c 2015 – 20c 2016 – 18c The core business of SPH, media business, is simply a...

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Phillip SGX APAC Dividend Leaders Reit ETF — Picking my own cherries

My POEMS broker contacted me regarding subscription for the new Phillip SGX APAC Dividend Leaders Reit ETF.  0% commission fees for the new launch of the ETF. No. I will give this ETF a miss.  The ETF may be good, but it just does not suit my investing style.  I do not like bundle. I do not have STI ETF.  I do not have the full set of 3 Telcos.  I do not have the full set of 3 Banks.  And I will not have this Reit ETF. Especially the yield of the bundle is much less than that...

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My Stock Portfolio @ end Sep 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1 SGX 4,000 12.76 7.41 2 Starhub 7,000 10.33 3.43 3 SPH 6,000 9.84 3.81 4 SATS 3,000 6.43 4.98 5 OCBC Bank 1,438 5.35 8.65 6 UOB 613 4.97 18.83 7 Suntec Reit 5,800 4.28 1.715 8 AIMS AMPI Reit 6,800 4.11 1.405 9 SingTel 2,190 3.74 3.97 10 CapitaMall Trust 4,000 3.74 2.17 11 Keppel Corp 1,600 3.71 5.39 12 FCT 3,800 3.60 2.20 13 Starhill Global Reit 8,900 3.14 0.82 14 SPH Reit 6,700 2.88 1.00 15 CapitaLand 2,000 2.75 3.20 16 Keppel DC Reit 4,500 2.36 1.22...

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Alternative Investment X 3

This week received 3 alternative investment offers. 1. JJ Poor to Rich A friend introduced this to me.  Just invest minimum amount USD 50, maximum USD 1,000.  Do nothing else and get 20% monthly returns and so 100% return of investment capital after just 5 months.  And you could speed up the ROI process by introducing friends/clients and get 5% per person introduced. In this super low interest environment, is there such a “big toad jumping down the street”? My friend tried to convince me that it is only USD 1,000, not that I can’t afford and it is...

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Boring Weekend Musing: The Small Bricks of 2015

A couple of changes in my boring portfolio last week. In 2015, I started using small bricks (100 shares) when they became available in the market.  My OCBC Tower and Keppel Commercial Tower were built using small bricks. But they were bombed and became leaning towers in the Bear Army attack. In 2016, I used small bricks for my UOB Tower and these small bricks were much better than the 2015 batch.  Just the very bad timing.  If only they start making small bricks in 2016! OCBC has stayed red since forever and Keppel Corp was always the worst...

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My Stock Portfolio @ end Aug 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1 SGX 4,000 13.21 7.56 2 Starhub 7,000 11.19 3.66 3 SPH 6,000 9.88 3.77 4 SATS 3,000 6.17 4.71 5 UOB 600 4.72 18.01 6 OCBC Bank 1,238 4.65 8.59 7 Suntec Reit 5,800 4.24 1.675 8 AIMS AMPI Reit 6,800 4.14 1.395 9 SingTel 2,190 3.85 4.02 10 CapitaMall Trust 4,000 3.77 2.16 11 Keppel Corp 1,600 3.62 5.18 12 FCT 3,800 3.59 2.16 13 Starhill Global Reit 8,000 2.81 0.805 14 SPH Reit 6,700 2.81 0.96 15 CapitaLand 2,000 2.68 3.07 16 Keppel DC Reit 4,500 2.40 1.22...

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My Stock Portfolio @ end Jul 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1 SGX 4,000 13.36 7.53 2 Starhub 6,700 11.65 3.92 3 SPH 6,000 10.06 3.78 4 SATS 3,000 5.82 4.37 5 UOB 600 4.84 18.20 6 OCBC Bank 1,238 4.72 8.60 7 AIMS AMPI Reit 6,800 4.43 1.47 8 SingTel 2,190 4.06 4.18 9 CapitaMall Trust 4,000 3.80 2.14 10 Suntec Reit 4,900 3.63 1.67 11 FCT 3,800 3.61 2.14 12 Keppel Corp 1,400 3.26 5.25 13 SPH Reit 6,700 2.87 0.965 14 Starhill Global 8,000 2.84 0.80 15 CapitaLand 2,000 2.81 3.17 16 Keppel DC Reit 4,500 2.42 1.21 17...

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IPO – EC World REIT

EC World REIT is the third REIT IPO in 2016.  Only one Reit (BHG REIT) was listed in 2015.  But in 2016, we are getting into Reit fatigue already, and maybe there are a few more coming. Both Manulife US Reit (price recovered) and Frasers Log & Ind Tr are doing fine at the moment; and are both above their IPO prices. I have no luck for both these two earlier IPOs, but I am not interested in this new EC World REIT.  The reasons: China. Hmm….. And all the six properties in one single city, Hangzhou, which means...

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My Stock Portfolio @ end Jun 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1 SGX 4,000 13.84 7.62 2 Starhub 6,700 11.53 3.79 3 SPH 5,500 9.87 3.95 4 SATS 3,000 5.60 4.11 5 UOB 600 5.02 18.42 6 OCBC Bank 1,238 4.89 8.69 7 AIMS AMPI Reit 6,800 4.31 1.395 8 SingTel 2,190 4.11 4.13 9 Suntec Reit 4,900 3.94 1.77 10 CapitaMall Trust 4,000 3.87 2.13 11 FCT 3,800 3.68 2.13 12 Keppel Corp 1,400 3.50 5.50 13 Starhill Global 8,000 2.85 0.785 14 SPH Reit 6,700 2.83 0.93 15 CapitaLand 2,000 2.79 3.07 16 Sembcorp Ind 1,800 2.31 2.82 17 Keppel...

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Remebering Noble…

Noble Group was one of my first few purchases from the open market.  Actually I do not remember now the reason why I bought Noble.  Perhaps some hot tips?  But during the days of the 1,000 shares per lot time, Noble was the first counter that I held more than a single lot size. When I decided to embark on my dividend investment journey, Noble was the first counter that got the cut because of its low dividend payouts.  I exited Noble with some profits when it was still a low $2+ stock. Not that I am paying particular...

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My Stock Portfolio @ end May 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1 SGX 4,000 14.55 7.75 2 Starhub 6,700 11.10 3.53 3 SPH 5,000 9.06 3.86 4 SATS 3,000 5.86 4.16 5 UOB 600 5.13 18.22 6 OCBC Bank 1,215 4.91 8.62 7 AIMS AMPI Reit 6,800 4.37 1.37 8 SingTel 2,190 3.98 3.87 9 Suntec Reit 4,900 3.83 1.665 10 CapitaMall Trust 4,000 3.81 2.03 11 FCT 3,800 3.60 2.02 12 Keppel Corp 1,400 3.53 5.38 13 SPH Reit 6,700 2.96 0.94 14 Starhill Global 8,000 2.91 0.775 15 CapitaLand 2,000 2.81 2.99 16 Sembcorp Ind 1,800 2.36 2.79 17 Keppel...

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Manulife US Reit – Feeling before and after

What a different feeling. Yesterday I felt sad and frustrated that I got zero allocation for the Manulife US Reit IPO units. Today I feel relief that I got zero allocation for the Manulife US Reit IPO units. It was surprising to me that Manulife US Reit opened trading at USD 0.82, even below its IPO price of USD 0.83.  It ends the day at USD 0.79, 4.8% lower than its IPO price.  Well, I think the market has spoken that the Reit was priced too high. Surprising on Manulife US Reit’s performance as today is a green day for the...

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