Author: Dividend Town

Mapletree Logistics Trust

On 27th July 2017, bought 3,000 shares of Mapletree Logistics Trust at $1.23 each. The price had run up since January this year , missed the boat of scooping at around $1.0x range. A  brief introduction of Mapletree Logistics Trust ============================================== Singapore’s first Asia-focused logistics real estate investment trust which have logistics properties in Singapore, Japan, Hong Kong, South Korea, China, Australia, Malaysia and Vietnam. Portfolio occupancy  FY16/17: 96.3% WALE                                     : 4 years. Average Debt duration            :...

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Mid Year Portfolio

A summary of my Portfolio from January 2017 till July 2017 . Bought: – Ascott REIT – Silverlake Axis – MapleTree Commercial Trust – IREIT Global Sold: – UOB – IHC – TalkMed Increase position : – SingTel...

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July Actions

TalkMed Recently I sold all my shares in TalkMed due to Dr Ang have been suspended from medical practice for 8 months by Court ruling starting from 25th July 2027. Although TalkMed have 13 oncologists, but Dr Ang contributes a lion share to Talk Med revenue and this is a important factor that I decide to off load the shares thus it is better to stay sideline & observe what financial impact it will cause to TalkMed. I will relook this stock again after 8 months when Dr Ang suspension end. SingTel On 5th July 2017, loaded 5000 shares...

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TalkMed,SingTel & SPH

TalkMed Recently I sold all my shares in TalkMed due to Dr Ang have been suspended from medical practice for 8 months by Court ruling starting from 25th July 2027. Although TalkMed have 13 oncologists, but Dr Ang contributes a lion share to Talk Med revenue and this is a important factor that I decide to off load the shares thus it is better to stay sideline & observe what financial impact it will cause to TalkMed. I will relook this stock again after 8 months when Dr Ang suspension end. SingTel On 5th July 2017, loaded 5000 shares...

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IREIT Global

On 23 May 2017, purchased 10,000 shares of IREIT Global at $0.755 per share. IREIT Global is a pure focused Europe office reit listed in SGX which comprises of 5 freehold office buildings in Germany. Distribution per unit is  SGD 0.0633 for FY 2016 , however the distribution policy for FY 2017 is 90% of the income instead of 100% of the income. That will translate to DPU of SGD 0.05697. Based on my purchase price @ $0.755, the yield will be 7.55%. Occupancy rate is at 99.8% , WALE is 5.9  years. Last year, Tikehau Capital a pan Europe...

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TalkMed Bonus Shares

On 9 of May 2017, I received 5000 new TalkMed shares based on its 1 bonus share for 1 existing share issuance. After cum bonus the share price drops in tandem to $0.80 range. Based on my initial cost price for 5000 shares at $1.1+ , I stand to gain a gross profit of $2500 if I sold all my 10000 shares at $0.80 . Alternatively I can sold 8000 shares to lock in $900+ profit and keep the remaining 2000 shares for free ! The last option is to keep all the shares to collect dividends & to...

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March Actions

On 17 March 2017 , Sold 1450 Ascott Residence Trust Rights share at average price of¬† $0.13393. After deducted brokerage fee,¬†net in about $170 +. I decided not to subscribe the rights because I intend¬†to¬†initiate a position in¬†Mapletree Logistic Trust which is rising steadily & 2¬†growth stock which recently catch my attention. 1 of the growth stock is Alliance Mineral ,the only Lithium resource stock in SGX but after careful consideration, I decided not to purse it further because the¬†great risks of not finding more lithium in quantity will set this stock value to almost nothing. However “ŚĮĆŤīĶťô©šł≠śĪā‚ÄĚ ,...

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Disposal of IHC shares.

On 23 February, sold 20,000 ¬†IHC shares at $0.106 per share. The Riady family swopped in for the kill which is unexpected because I have previously thought they intend to have a¬†substantial stake in IHC & restructure the business hand in hand with the Oxley’s duo to further unlock the value of IHC but I have underestimated their intention. So I decided to take profit eventually as my position is very small on IHC. Although the profit is very small but not losing is considered winning ....

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TalkMed FY2016 Financial Result & Proposed issue of Bonus shares

On 22 February 2017 , TalkMed had announced a bonus issue of new ordinary shares in the share capital of the Company (the ‚ÄúBonus Shares‚ÄĚ) to the shareholders of the Company on the basis of one Bonus Share for every one existing ordinary share . It is definitely a good news to me as the price have surged up by more than 30% based on my entry price. I might dispose some of my TalkMed shares after cum bonus which I will¬† blog about it in the future. The balance sheet is still strong with little debts. Operating Expenses...

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Purchase of International Healthway Corp (Update 1)

Initiated¬†a small¬†position on IHC on 13 February 2017. This Company drew my attention when IHC shareholders,¬†lead by Oxley Chief Executive & Deputy Chief Executive who controls about 26% of IHC stake voted out the entire board of IHC on 23 January 2017 . At the same time, OUE controlled by Riady’s family had announced that it had acquired 12.54% stake in IHC on 23 Jan 2017 & it was further increase to 21.83% on 8 February 2017. Both transaction by OUE are at $0.077 per share. A glance at IHC business & assets revealed why OUE are keen in...

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Purchase of Ascott Residence Trust

On 27 January 2017, bought 5000 shares of Ascott Residence Trust at $1.185 each. As my focus is to build a REIT portfolio this year ,I will¬† be doing a positon sizing for my REIT holding which means a certain fixed¬†percentage of my cash will be allocated to each REIT stock equally to cushion any downside. Ascott , one of the world’s largest serviced apartments & rental housing¬†owner and operator , it operates in Asia Pacific, Europe and North America region. A serviced apartment is basically a furnished apartment which rents out to corporation employee & general public for...

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Silverlake Axis.

On 19 Jan 2017, purchased 20,000 shares of Silverlake Axis at $0.570 each. Since the year 2014. I have been following on this stock however I categorize it’s as¬†a high growth & high risk stock which prevent me from initiating a position . But its constant¬†excellent financial result & transformation keeps luring me back & eventually I decided to buy it . A brief introduction of the Company : Silverlake¬†is a Software and Services Solutions provider¬†for the Banking, Insurance, Payment, Retail and Logistics industries. It is also the leading software provider for banks in South East Asia. About 40%...

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TalkMed investment on Hong Kong Integrated Oncology Centre (HKIOC)

An update on TalkMed investment on Hong Kong Integrated Oncology Centre (HKIOC). I sent a mail with the below mentioned in blue¬†,the reason she provided is due to the nature of its business which required high sunk cost . No time line is given when will the Company investments bear fruits but it may take “some time”. Hi, As an ¬†investor¬†, i will like to know when is the Company expected/targeted ¬†breakeven for it’s investment in HKIOC? Could you also please explain what is the major factor that contribute to HKIOC losses to date. And the reply as follow:...

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18% returns for UOB

On 18 Jan 2017, sold 400 UOB shares at $20.71 each. This transaction net me a profit of $1311+ This translates to 18.87% returns over a holding period of 11 months. Fundamentally, there is nothing wrong with UOB however if I chose to hold this stock , I will be getting 4% yield annually based on entry price @ $17.33 /$0.70 dividend. Not too bad but still not good enough as I want money to work harder for me. Compared to risk free Feb Singapore Saving Bonds yield at 2.44% , the risks I have to stomach for an...

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