Author: The Fifth Person

What is The Stock Market and Why It Swings Up and Down Like a Crazy Yo-yo

The stock market is a term familiar to many of us, investor or not. But what really is this stock market that the news and media constantly talk about all the time? Broadly defined, a stock market or stock exchange is basically a place where buyers and sellers can meet and decide on the price when buying/selling the shares of publicly held companies. Some exchanges are physical locations while some are entirely virtual with their transactions carried out electronically. Some of the most famous stock exchanges include the New York Stock Exchange, NASDAQ, the London Stock Exchange and the...

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SGX launches REIT Index for Asia Pacific ex Japan

Singapore Exchange (SGX) on Monday launched the SGX APAC ex Japan Dividend Leaders REIT Index, comprising 30 real estate investment trusts (REITs) across the Asia Pacific region excluding Japan. It will be the first SGX index to be used as a benchmark index for a new exchange-traded fund (ETF). In addition, the index is the first of its kind that is composed entirely of REITs in the Asia Pacific region that are dividend weighted, as well as accessible through an ETF. The dividend-weighted index measures the performance of REITs that pay the largest dividends within the Asia Pacific ex...

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10 things I learned from Nera Telecommunication’s FY2016 EGM

In my past articles about Nera Telecommunications (SGX: N01) (Nera), its payment solutions business has always been my focus due to the stable recurring revenues it generates. Recently, Nera announced that it’s going to sell its payment solutions business to Ingenico Group S.A. for S$88 million. To be honest, I was caught by surprise by this deal because my past interactions with the CEO and management give me the feeling that Nera would grow the payment business for a few more years before selling. With that in mind, I decided to attend Nera’s EGM this year to find out...

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Silverlake Axis posts 3% earnings rise in 4Q to $26 mil

Silverlake Axis has reported earnings of RM77.2 million ($26 million) for 4Q16, a 3% improvement from the earnings of RM74.7 million in 4Q15. During the quarter, revenue rose 32% to RM166.9 million due to the higher contribution from all of its business segments except the software project services segment, and from the appreciation of the Singapore dollar and the US dollar against the ringgit. In particular, revenue from maintenance and enhancement services increased 45% to RM98.1 million from the larger numbers of contracts secured, and the consolidation of Symmetri Group’s maintenance and enhancement revenue. Software licensing revenue was 41%...

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Why Independent Thinking is Crucial to Your Investment Success

How many times have you heard of someone who invested in a stock just based on a rumour or the latest tip only to see them get burnt in the stock market? Or maybe it wasn’t a rumour or a tip but the latest, most fashionable stock that the media was covering then… which duly tanked the moment you bought in? Well, guess what? You only have yourself to blame. You can’t blame anyone or anything for your investment gone bad if you didn’t perform your due diligence before you put your money in. Like how you need to check the...

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20 things I learned from Mapletree Greater China Commercial Trust’s FY2016 AGM

Mapletree Greater China Commercial Trust (SGX: RW0U) (MGCCT) is a REIT that invests in income-producing properties in the Greater China region. It currently has three properties in its portfolio: Festival Walk, a retail mall with an office component located in Hong Kong; Gateway Plaza, a premier Grade-A office building located in Beijing; and Sandhill Plaza, a premium business park located in Shanghai. Reports of China’s slowing economy hit the news the past year with the country’s GDP growth rate falling from 7.5% in 2012 to 6.7% in 2016. With MGCCT expressly focused on the greater China region, how will...

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4 Reasons Why You Must Invest – Especially If You’re So Darn Lazy!

Well, you don’t. Actually. That is if you don’t mind working for the rest of your life, wondering if you’ll ever escape the rat race and struggle with rising costs and inflation for the rest of your life. But if you’re like most regular people who value financial security, freedom and independence, then investing is vitally important to you achieving your financial goals. Here are 4 core reasons why you need to invest (besides the fact that you might be an evil megalomaniac intent on taking over the world — and you need the funds to do so). Anyway,...

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What you must know about the data center industry before you invest

Where do you think your Pokémon, Pokéballs and user data in Pokémon Go are stored? In your phone? No. It’s in data centers. In my earlier article about investing overseas, I mentioned about whole industries that are non-existent in Singapore’s markets. The recent IPO of Keppel DC REIT changed that a little – it added a new sector to the REIT industry in Singapore: data centers. We’re all used to the usual few types of REITs in Singapore: retail, industrial, logistics, office, healthcare, and hospitality. It’s a large market for Singapore; in fact, Singapore’s REIT market is the third...

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Singapore economy treading on thin ice

Two-thirds of Singapore’s economy is already in technical recession and the worst is yet to come, says DBS Group Research. With the release of detailed 2Q GDP data on Aug 11, Singapore has cut the top end of its 2016 growth forecast from 3% to 1-2%, after its economy expanded less than previously estimated on the back of a weakening global environment. “A negative shock from the external environment could tip the economy into contraction,” warns analyst Irvin Seah in a Thursday report. Among other forecasts, Seah is predicting: Bleak outlook for 3-4Q DBS continues to expect a growth...

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3 ways to handle forex volatility when investing overseas

This article actually came about because a member of our asked how we manage foreign exchange volatility whenever we invest in foreign stocks or, for that matter, stocks which are denominated in foreign currencies (some local stocks are traded in foreign currencies). I gave him my reply over email and I thought this was useful to also share with our readers at large. So, first things first, what is foreign exchange (forex) volatility? It is basically the amount of risk with the size of changes in forex rates. How does this affect your returns? For example, let’s assume that...

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4 reasons why Singaporeans should invest in stock markets overseas

Singapore has one of the world’s highest smartphone penetration rates (I mean, look at how fast Pokémon Go caught on here) and the vast majority of us have internet connectivity. Similarly, many of our local brokers also offer easy access to invest in a plethora of foreign markets. Singapore’s market is naturally where we would start our investing journey and many of us trade or invest in companies listed on the SGX. However, consider the size of Singapore’s market; like the country itself, it’s puny compared to other financial centers we actively compete against. 1. Size Our total market...

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Why Sino Grandness is not on my watchlist

Sino Grandness (SGX: T4B) is a China-based company listed on the SGX. The company is known for its loquat fruit juice where the company claims to have an 86% market share in China. The loquat fruit juice is housed under the company’s brand of fruit juices called Garden Fresh/鲜绿园. The brand is distributed not only in China but also globally across the rest of Asia, Europe, and North America. In 2013, Sino Grandness was considered a hot stock when its share price surged three-fold to as high as $1.60 in six months. My friend’s dad asked my opinion on...

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Why cheapskates will never get rich

While it’s good to live below your means, being a cheapskate won’t give you financial security. We all know a few extreme cheapskates. They’ll reuse tea bags three times, live off their colleagues’ snacks in the fridge, and spend hours collecting vouchers. In theory, they should be loaded with money because they scrimp so much. So why don’t they get rich this way? It’s all about the mentality. Working within limitations versus breaking your limits We don’t mean to put down people who save money. It is a good habit, and everyone’s first priority should be an emergency fund worth...

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9 things I learned from Mapletree Commercial Trust’s 2016 EGM

On 5 July 2016, Mapletree Commercial Trust (SGX: N2IU) (MCT) announced a proposed acquisition of an office and business park property, Mapletree Business City (MBC), for a purchase consideration of $1.78 billion. This will be MCT’s second acquisition since its IPO. As a unitholder myself, I attended the extraordinary general meeting MCT held immediately after its FY2016 AGM to find out more details about the proposed acquisition and to vote on the proposed resolutions. Here are 9 things I learned from Mapletree Commercial Trust’s 2016 EGM: 1. MCT is acquiring Phase 1 of MBC MCT is acquiring Phase 1...

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12 things I learned from Mapletree Commercial Trust’s FY2016 AGM

Many people are familiar with Sentosa and the shopping mall that links directly with the island resort – VivoCity. The mall is the largest in Singapore and enjoys a huge amount of shopper traffic from Singaporeans and tourists alike. Mapletree Commercial Trust (SGX: N2IU) (MCT) is the REIT that owns VivoCity along with three office properties located in and around Singapore’s central business district. MCT is one of the better-performing REITs in my stock portfolio and I attended its annual general meeting to find out how the management plans to maintain MCT’s growth in the year ahead. Here are...

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