I work best when my boss is not around

Why? I can work at my 'own time, own pace' at researching, planning and implementing new projects, rather than having to keep fine-tuning things that are already in place. I get motivated by stories and visions. Less so by money and in-between kind of power. Anyway since I am not doing sales, technically speaking, I have less 'rights' to ask for higher pay / monetary rewards. Boss likes … [Read more...]

OCBC repurchases share from market

"Oversea-Chinese Banking Corporation Limited (SGX:039) commences share repurchases on May 9, 2017, under the program mandated by the shareholders in the Annual General Meeting held on April 28, 2017. As per the mandate, the company will repurchase up to 209,124,917 shares, representing 5% of the issued ordinary share capital. " That may be one of the reasons why its share price was heading up … [Read more...]

It’s harvest time again

Here comes the time of the year for harvesting dividends. Yay! I wonder if that is why people 'sell in May and go away' other than the summer holiday... Just a refresher on what is ex-dividend date: http://www.investopedia.com/ask/answers/06/exdividenddate.asp Where can you find the ex-dividend date on SG … [Read more...]

Thought processes & problem solving

I finally discovered how to utilise pivot tables for data analysis. It looks cheem to me when I first looked it up (I only know pie charts and line graphs for the sake of presentations), until I discovered the 'woah' moment with trial-and-error and things suddenly fall into place like magic. Not without some data chewing that was quite frustrating initially as I have 800+ lines of data with … [Read more...]

Insights from interviewing candidates

Being the sai kang Ops Manager, my new add-on duty currently is to hire for a HR generalist position for the SME I am working at (before I get a new add-on duty of HR manager too). Here are some interesting takeaways from the interviews I have conducted. 1) Those who don't know how to give 'model answers' for the standard questions asked, I know they have little or no experience in interviewing … [Read more...]

Unattractive Lunar New Year bank promo

Till end Feb... The only low-hanging fruit promo that I could find is the DBS $28 Hong Bao giveaway for opening a new deposit account or SAYE account online. T&C applies. So I have gotten myself a Multiplier Account. POSB is offering 1.45% for 4 months if you open a higher interest account with fresh fund deposit. Last year was 8 months. Standard Chartered is offering a miserly 1.15% for 11 … [Read more...]

Sequel to CAGR, XIRR simplified

A sequel to my previous post. Can I make use of XIRR's value to help in my investment portfolio goal setting? Think come, think go... cannot leh. :( WHY? Because XIRR % is like a report card grade which shows how my portfolio has performed over a fixed period of time, say last year. However, it is not practical to set a goal based on the % or confer a meaning to it as the current market … [Read more...]

CAGR, XIRR simplified

Inspired by SMOL's post, I decided to do some reading and a short post on these "cheem cheem" terms that previously I do not use. CAGR stands for Compound Annual Growth Rate. It is useful in measuring (in %) how much an investment has increased in value over a fixed period of time. Watch the illustration in this video here - http://www.investopedia.com/calculator/cagr.aspx  So if your … [Read more...]

Time to contribute $$ to CPF for tax relief again

It's the time of the year again - time to contribute money to your CPF or your parents' CPF accounts if you are looking for some income tax rebate. Better do it soon too, because there are less than 5 working days to new year (and to qualify)! Another way of getting the tax rebate is to do some good by donating back to society. :) Here is the IRAS link to check out the top-up relief limits:  … [Read more...]

Past tense, Present tense, Future tense of stock market

Past tense = dividends, P/E Present tense = current share price, news Future tense = prospect / business analysis, projected earning, speculation Some people like to make decision looking at the rearview mirror, some people like to make decision based on trend and gut feel, some people like to analyse and try to foresee things. Which describes you? ------------------------- My stocks … [Read more...]

Stay-at-home long weekend… to shop

Who says 宅女 don't go shopping? From the rise of ebay, blog shops to Alibaba, we could practically find anything we want online and have it delivered to our house - at times at a better price. Qoo10 is having some cool deals of cart coupon offer here. $3 off $20 min purchase, $10 off $50 and $30 off $200. I usually shop for clothings, PC and handphone accessories. Because of these great … [Read more...]

Savings account promotions

POSB is currently running a 'Get 1.55% p.a. interest for 6 months!' promotion. Check it out here. How to get the deal? Deposit fresh funds* into your POSB Fresh Funds Account by 4 August 2016. Fresh funds deposit via cheque(s), cashier's order(s) and demand draft(s) must be done by 4 August 2016, 3.30pm. During the POSB Fresh Funds Account opening process, you will be prompted to select … [Read more...]

Stocks app review – Call Levels

There are many Android apps which monitor stock prices and show stock charts but I could hardly find one that gives you Price Alert feature. Call levels (I came to know about it from a DBS Vickers ad) is a mobile app that would alert you when any stocks you chose hits a certain price. It has a simple and clean interface that shows you nothing else on screen but the price of the stocks that you are … [Read more...]

My thoughts on rights issuance

Rights issue = an issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares. When I think of rights, I think of share dilution. More shares at cheap price for existing shareholders, some would scurry to sell off once they get hold of the rights share before the full dilution takes effect. Not all rights are right to get. … [Read more...]

Trendline drawing is fun!

Decided to do some trendline drawing practice out of boredom. Just a few stocks I was watching. Pictures paint a thousand words? (Hack care about macd, stoch, rsi and what not... just kidding) Keppel Can't seem to break out of its downtrend channel. Secondary uptrend occurred since my previous update but uptrend broken once ex-dividend. :(  Lippomall Going sideway soon?  Noble After … [Read more...]

Back to school – SGX academy

Yoz! Am back from Taiwan. Since now I am so free and officially a slacker, I thought I would sign up for course or two at SGX academy. Good to be student again once in a while. My advise for this is don't attend FOC preview courses, because most of the time you will be listening to just-some-ideas and much self-selling (to make you attend the actual course). For better learning experience and … [Read more...]

Recent reads: The Next Apple, Bull’s Eye Investing

The Next Apple I find that the strategy that the authors advocate is applicable only in the start of a bull run or in good market times (stable economy) because it's main tactic is to pick stock when it keeps climbing and goes past its 52-week high with at least 50% break out from a technical base. More of a technical read than fundamental. Teaching us how to ride on momentum … [Read more...]

Use Skillsfuture Credit to up your financial literacy

In view of the Skillsfuture Credit kicking into effect from this year, SG citizens age 25 and above are given $500 to kickstart learning. Since it's free lunch given by 'ah gong' (sg government), why not? BUT before you excitedly start signing for courses around, you might want to first find out what courses are eligible for the $500 subsidy. Check out the list … [Read more...]

Balance Sheet & Cashflow – summarized definition

I have decided to free this content up from being a Page into a Post so I could put my page space to better use, akan datang. Nevertheless this is very important stuff to make sense of the annual reports that the companies you invest in send yearly. Making sense of a company's Balance sheet - it should all balance up In a Balance sheet there's two parts of equivalent values: 1) Total … [Read more...]

RM – expectations vs reality

To deliver excellent Customer Service in FMCG retail is hard. It is even harder than doing so in burger chains. You don't believe it? Go and try working in one instead of being a customer who just observe. At the burger chains, the Counter Staff multi-tasking duty revolves around two things - cashiering and passing the correct prepared food to customers. If you go to the big shopping malls … [Read more...]