Author: Sonicericsg

(Post 34/week 25)Investment project updates:My first funding societies campaign experience/financial statement breakdown part 3

To further understand more about reading financial statements, here is the pdf copy of a guide to reading financial statements: Download hereFinancial statement as below: Financials FYE 30 Jun30 Jun 2015(audited),30 Jun 2016(audited),30 Jun 2017(audited) (Revenue 2015:$22,121,189),(Revenue 2016:$40,818,446),(Revenue 2017:$58,522,060) Revenue: It is also known as sales, is how much money a company brought in for a particular quarter or year. A solid company could see its revenue increasing year by year unless there is a one-off event As you can see down the financial statements, the revenue is gradually increasing year by year making this a solid company, hence I will give it another +1 (Cost of sales 2015:$27,135,367), (Cost of sales 2016:$42,795,026),(Cost of...

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(Post 33/Week 25) Zero dollar project updates:carousell,Bitcoin Faucets,Short Link,Online survey and Adsense update

Updates for last two week of zero dollar project 1.Carousell2.Bitcoin faucets3.Short link4.Online survey5.Adsense update 1.Carousell My carousell:carousell.com/eric996 Total earnings for carousell last two week:$1+$2=$3(via meetup) 2.Bitcoin faucets Current coinpot holding Bitcoin core:4737 SatoshiBitcoin cash:4223 bchDogecoin:45.75 dogeLitecoin:0.00124434 ltcDashcoin:0.00034903 dash 3.Short linkTwo weeks ago This week Total earning for short link last two week:$3.45-$3.0327=$0.4713 For more information on how’s I use both short link on my blog and YouTube, read here 4.Online survey Current online survey on my list…(Bold mean that these survey websites have been verified for payout) 4.1 Toluna4.2.surveyon4.3 YouGov4.4 mobrog4.5 ipanelonline4.6 viewfruit4.7 mysurvey Last two weeks survey that payout:(ipanelonline:$13.84)+(surveyon:$2.00) The total payout for last two-week survey:$13.84+$2.00=$15.84 5.Adsense Last two week...

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(Post 32/week 24)Investment project updates:My first funding societies campaign experience/breakdown part 2

7. My first funding societies campaign part 2(continuation from last two-week post) Borrower summary Incorporation: Incorporated in Jun 1980 (~38 years in business till-date) with an existing paid-up capital (“PUC”) of S$53,322,732.54. Business Nature:The Borrowing Company is engaged in civil engineering and tunneling works in Singapore, and are listed on SGX. They provide a wide range of civilengineering works such as road and drain construction, road maintenance, sewerage rehabilitation, soil improvement, excavation, laying of waterpipes, and other infrastructural works. Notable and award-winning civil engineering projects which they have completed include Gardens by the Bay,Changi Ferry Terminal project, Alexandra Canal...

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(Post 31/Week 23)Investment project updates:Moolahsense(My first campaign back in 2017)

6.Moolahsense(My first campaign with Moolahsense) Note*the company name will not be revealed as my money are still inside moolahsense, haha(this is not a sponsored post by the way) Here is another blogger who is also blogging about crowdfunding in SME:http://sgyounginvestment.blogspot.com/2016/03/my-first-investment-into-crowdfunding.html Issuer summary Date of listing: September 2017Amount:$1,000,000Tenor:24 monthRepayment type: Equal installment Quoting from the moolahsense website(Equal installment:A promissory note by which an installment of the principal subscription amoung and/or interest accrued and due up to the date of payment shall be payable on such dates as set out in a repayment schedule specified in the promissory note, and on the maturity...

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(Post 30/Week 23)Zero dollar project updates:Carousell,Bitcoin Faucets,Short Link,Online survey and Adsense update

Updates for this week zero dollar project 1.Carousell 2.Bitcoin faucets 3.Short link 4.Online survey 5.Adsense update 1.Carousell Total earnings for carousell this week:$3+$4=$7 2.Bitcoin faucets Current coinpot holding Bitcoin core:4548 satoshi Bitcoin cash:3685 bch Dogecoin:43.5 doge Litecoin:0.00117916 ltc Dashcoin:0.00032786 dash 3.Short link Last week This week Total earning for short link this week:$3.0327-$2.8996=$0.1331 4.Online survey Current online survey on my list…(Bold mean that these survey websites have been verified for payout)...

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(Post 29/week 22)Investment project updates:Posb invest saver,Moolahsense and Funding societies(First campaign experience)

6.Posb invest saver Regular saving plan updates for ABF Singapore Bond Index Fund(A35) For my regular saving updates for the month of May 2018 was written last week, see my last week post here As of now (23 MAY 2018), I am currently holding 1641 unit/shares. This week has been a pretty normal week for A35 with it hanging around the range of 1.11 to 1.12 Honestly, I regretted a little for having missed the boat at last Friday where A35 was hanging around at 1.108 but nevertheless will still continue to wait out and see before putting in a lump sum Regular saving...

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