2016 Weekly Review – Week 7

Week 7 is over and hopefully we have seen the bottom of the 2016 crash. My portfolio's unrealized loss has recovered to just 1.9% the invested capital at the end of the 7th week (not counting dividends collected).  Just one decisive victory and the fight against the Bear Army will be over. Considering that my portfolio had once declined more than 50% during the Lehman Bear Attack, so far … [Read more...]

2016 Weekly Review – Week 6

The bad start to 2016 continues on to bad start to the Year of Monkey.  The fight against the Bear Army probably will turn into a long drawn fight. The STI lost 3.2% on the 3 trading days this week and the Bear Army is pushing STI back towards 2,500 again.  My portfolio done better, just declined 1.9% but my total lost increased to 4.8% at the end of the 6th week (not counting dividends … [Read more...]

2016 Weekly Review – Week 5

The fight against the Bear Army probably will turn into a long drawn fight. Just when you think that the Bear Army is pushing STI back towards 2,500, a CNY rally on Friday pushed STI above 2,600.  My portfolio's lost narrow to 2.9% at the end of the 5th week (not counting dividends collected). Considering that my portfolio had once declined more than 50% during the Lehman Bear Attack, so far … [Read more...]

2016 Weekly Review – Week 4

The fight against the Bear Army probably will turn into a long drawn fight. After a minor victory on Friday, my army gained some grounds and my territory's lost narrow to 4.0% at the end of the 4th week (not counting dividends collected). Considering that my portfolio had once declined more than 50% during the Lehman Bear Attack, so far this 2016 Bear Attack has produced only a minor blip on … [Read more...]

2016 Weekly Review – Week 3

The market is still trending downwards in 2016. In spite of the mini gain on Friday, my portfolio's lost widen to 6.0% after the 3rd week (not counting dividends collected). My worst performing counter is Keppel Corp, which has lost 36% its invested value.  The depressed oil price means Keppel Corp may not get back to its glory days of being a $12 stock for a long time.  Keppel Corp … [Read more...]

2016 Weekly Review – Week 2

I am taking a closer monitoring of my holdings this year as the Bear Army continues to run wild.  This is for reinforcement deployment planning (warchest). Since the Bear Army launched the attack on the first trading day of 2016, it has taken over 4.6% of my territory after 2 weeks of fighting (not counting dividends collected). In my rush in sending reserved units to the frontline on the … [Read more...]

Bad Start to 2016

The Bear should be in hibernation in winter?  No? When you least expected it, the Bear Army sprang a surprise attack on the first week of 2016.  While my total portfolio value (invested capital) stayed at positive territory at the end of 2015, it dipped below after the Thursday selldown.  Though I still have quite a safety margin if including the dividends collected. All my 28 counters … [Read more...]

Looking Ahead to 2016: Dividends (明天会更好)

2015 was a bad year for investment.  Hopefully 2016 is a better year. My projected dividends for 2016 (based on current portfolio): 1. Starhub: $1,340 2. SGX: $1,240 3. SPH: $1,000 4. AIMS AMPI Reit: $666 5. Suntec Reit: $481 ? 6. Keppel Corp: $480 ? 7. CMT: $449 8. SATS: $420 9. Starhill Global: $412 10. SingTel: $383 11. Frasers CT: $336 12. SPH Reit: $317 13. CDL HTrust: … [Read more...]

2015 Portfolio Review (Part 2): Foundation Stocks

2015 is a very challenging year for investment, especially in the last two quarters of the year.  China market crashed from its height, devalued renminbi, fear of US interest hike and persistent low oil prices weighed heavily on the market.  Sometimes you think you are moving one step forward, but then you are actually forced taking two steps backward due to strong headwinds. In the month of … [Read more...]

2015 Portfolio Review (Part 1): Winners and Losers

Time flies and 2015 is ending soon.  All my tradings are done and all dividends are collected.  It is time to review my portfolio's winners and losers in 2015. Top Dividend Contributors:  1. Starhub (13.82%): - 4th telco looming, but consistent Starhub is still the top dividend contributor. 2. SGX (12.62%): - SGX has dividend payout every quarter, almost like a REIT. 3. SPH … [Read more...]

IPO – BHG Retail REIT – Immensely Priced Offering?

First, and probably only mainboard IPO in 2015. China retail operator BHG Retail REIT launched an initial public offering of units at an offering price of $0.80 per unit. The timing for this retail REIT IPOs is just not right now due to uncertainties caused by imminent interest rates hike, decline in retail outlook due to online shopping competition, etc. Some of the business trust and … [Read more...]

2015 December Fixed Deposit Rates Update – 1.80% P.A.

First some clarifications: Fixed Deposit is not for real investment.  My review on Singapore's FD is limited to S$50,ooo and below; and tenure term not exceeding 12 months.  Fixed Deposit is for parking the emergency fund and allowing immediate access to the fund when needed.  These are also based on the following considerations: Singapore's Deposit Insurance Scheme maximum coverage up to … [Read more...]

2015 November Fixed Deposit Rates Update – 1.80% P.A.

First some clarifications: Fixed Deposit is not for real investment.  My review on Singapore's FD is limited to S$50,ooo and below; and tenure term not exceeding 12 months.  Fixed Deposit is for parking the emergency fund and allowing immediate access to the fund when needed.  These are also based on the following considerations: Singapore's Deposit Insurance Scheme maximum coverage up to … [Read more...]

Saizen Reit: Welcome and Goodbye

For a long time, I have been monitoring and contemplating adding Saizen Reit to my "S" counters. Even though Saizen Reit is well below its NAV, it is the smallest Reit and also had an old debt default episode years ago.  So, due to my inaction and procrastination, I did not buy into Saizen Reit early enough. I looked at Saizen Reit again when it was announced that there is a firm offer to … [Read more...]

Meeting My 9K Dividend Stretch Target

I did a dividend projection in December 2014 for 2015 based on my holdings at that time, and the projected value was 7.8K. http://passiveincomefarmer.blogspot.sg/2014/12/looking-ahead-to-2015-dividends.html With small monthly cash and dividends injections into the portfolio, I was thinking that perhaps an 8K dividend target was just too simple for me. Therefore, I gave myself a stretch … [Read more...]