Author: The Fifth Person

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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4 things you need to know about Kingsmen Creatives Limited right now

If you’ve ever walked into an exhibition at Suntec City and admired some of the huge exhibition booths on display or stepped into a nice, newly renovated store of a major retail brand (like Uniqlo above), chances are Kingsmen Creatives was the company behind all that work. Kingsmen Creatives Limited (SGX: 5MZ) provides interior design work and fitting-out services for exhibitions, trade shows, museums, retail stores, and corporate properties. The company was founded in 1976 and employs over 1,600 employees across 19 offices worldwide. It is headquartered in Singapore. Since the Global Financial Crisis of 2008/09, Kingsmen Creatives share...

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15 things I learned from Mapletree Logistics Trust FY2016 AGM

Mapletree Logistics Trust (SGX: M44U) (MLT) is a logistics REIT with 118 properties in eight countries – Singapore, Malaysia, Vietnam, Australia, Japan, Hong Kong, South Korea, and China. The properties include logistics parks, distribution centres, food and cold storage, and industrial warehouses. As you can see from the chart above, Singapore’s industrial production has been especially weak the past 12 months. I attended MLT’s annual general meeting to discover how the REIT performed over its last financial year and how the management planned to navigate the tough economic climate. Here are 15 things I learned from Mapletree Logistics Trust’s...

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17 to 70: How age changes the way you think about money

Your perception and use of money will change with age. Here’s what you can expect as you enter your 20s, 30s, 40s, 50s, and 60s. Why do many Singaporeans regret not saving money after a certain age? Why is budgeting actually harder as you get older? One of the strange facts about money is that your perception of it changes as you grow older.  In many cases, we would benefit from some foresight. The following will prepare you for common shifts in mentalities as you grow older: Money in your late teens (17 to 19) At this age, money...

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5 hurdles for SingPost’s FY17 earnings

UOB Kay Hian has downgraded its rating for Singapore Post (SingPost) from “buy” to “hold”, while lowering its target price from $2.25 to $1.64 respectively. In a Monday report, analysts Andrew Chow and Thai Wei Ying say they have revised their earnings estimates down by 11-18% for FY17-18, anticipating SingPost’s earnings to be reined in by integration headwinds and goodwill provisions from leadership changes. However, they do expect earnings to pick up in FY18. “We continue to view positively SPOST’s steps to improve corporate governance, and deem its transformation to an e-commerce and logistics outfit as necessary,” say Chow...

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5 things you need to know about Overseas Education Limited

Overseas Education Limited (SGX: RQ1) (OEL) operates Overseas Family School – an international school which offers the K-12 International Baccalaureate for children of expatriate parents living in school. The school has over 3,800 students of over 70 nationalities and has been around for more than 20 years. You might have noticed the school when it was located along Paterson Road (especially if you frequented the public carpark behind Ngee Ann City), but the school has since moved to new premises in Pasir Ris – a far cry from the bustle of Orchard Road. OEL’s share price has been on...

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Keppel’s half-year earnings dive; property is now largest contributor

Keppel Corporation saw a 45% fall in earnings to $416 million for the half year ended June from a year ago, with its property division now the largest contributor. Keppel says this was mainly due to weaker operating results from its offshore & marine (O&M) division and also the absence of one-time gains from the infrastructure division compared to the same period a year ago. Net profit from the O&M business fell 59% to $156 million. In contrast, the property division’s net profit rose 18% to $194 million. Net profit from its infrastructure division declined more than 66% to...

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