Author: SmartInvestorInc

My AGM Tour (April 2019)

I have attended 6 AGMs last week and these are some of my quick takeaways: Far East Orchard– They have an All Star board with Mr Koh Boon Hwee and Ms Jennie Chua in it. Issues highlighted were their foray into PBSA sector (student accommodation), Sentosa project, medical suites(low yield), capital recycling efforts, property development pipelines and etc. They have been in the PBSA sector since 2015 (Not late in the game) and they have build up from ground their Newscastle portfolio but they have recently purchased from other vendors their Liverpool, Bristol and Brighton assets. Net yield for...

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Market Trends (Sell In May and Go Away?)

We are near to May again and I have been updating my records for STI (Singapore Index) since 3 years back on this anomaly. Here is an extract of a write up that I have penned last year and I will be adding the latest data point. For a start, I did an eyeball screen of the performance of STI from the end of April till June for the past 17 years with the starting point being 2002. Here are my findings, out of 17 years: 11 years are down- 2002, 2004, 2006, 2008, 2010, 2011, 2012, 2013, 2015,...

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Market Trends (Dow Jones Index= Marina Bay Sands?)

Market Trends (4th March 2019) The markets have continued their good run since my last writeup and there is currently a playing catch up by the China market with their recent surge. Shanghai index had rallied by almost 20 per cent since the start of the year. It is mainly driven by firstly their low valuation and also the news that MSCI inclusion of Shanghai A Shares percentage from 5% to 20% which is above initial expectations. There is also divergence seen currently with China markets showing more strength than the US markets which was in contrast with the...

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Market Trends (Dead Cat Bounce?)

Market Trends (7th Jan 2018) The markets have been on a tear and are currently on a great recovery since our last write up. The Dow Jones Index correction have actually reached my target of a 20% fall from the peak (Low of 21450) which I have predicted in this write up, “Evaluating Past Crisis”. However, it took almost an entire year since the post was penned in February 2018 whereby the markets work very well with the buy on dips strategy during the whole of 2018. There were a few more follow-up write-ups, “Is US Market a Bargain?”...

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