Starhub – Dividend Investing Gone Wrong

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There are many developments in the Telecommunication industry with the entry of a fourth operator soon in Singapore. As we all know, Singapore has 3 Telcos here namely Singtel, Starhub and M1. The 4th Telco which is coming will be TPG telecom. Let's take a look at Starhub in this post and see what went wrong with the share price falling from a high of $4+ to $2.80 now. Starhub was once a … [Read more...]

Lee metals: Still delivering

Dividends that is.   While NP profits fell compared to a year ago, dividends of 2 cents is 0.71 of EPS and 0.35 of FCF. No financially strain here,.   I recently increased my position. I felt 2017 will be a better year for Lee metals. I have holding this company since 2013, and has receive 8.5 cents. Before u poke, let me strip myself- I bought it at a av price 33 cents.   If we track BCA … [Read more...]

Stock Investing May Not be For Everyone

First of all , allow me to quote below from a legendary investor ( some may call him great speculators and some may not agree with that as the way he took his own life in 1940 ) : Jesse Livermore “ The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid , the mentally lazy, the man of inferior emotion balance or for the get-rich quick … [Read more...]

Research report on SIA Engineering Company

On 3rd February 2017, SIA Engineering Company announced 3Q results for 2016/17. It wasn’t exactly an impressive set of results but the data certainly reveals some interesting aspects of the company’s performance against the backdrop of a challenging operating environment for the maintenance, repair and overhaul (MRO) sector. This will be another research report on SIA Engineering Company … [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...]

WILL THESE TWO OVERSOLD BLUE-CHIP STOCKS RALLY NEXT?

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There are two blue-chip stocks which are currently oversold. Pardon me, if the two stocks that I am going to present next are not blue-chips in your definition. It is understandable since in today’s stocks markets, what have been blue-chips might no longer be blue-chips. Take for example, Sembcorp Marine stock. In its heydays, Sembcorp Marine stock traded at over $5 a share and compare this with … [Read more...]

Will Trump’s Policies Result in a Stock Market Crash?

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Last week, the Business Times published a great article - Markets are underestimating the risks of accelerating inflation written by Neil Behrmann - which I thought was worth a second look. In the nutshell, the author believes that there will be rapid inflation coming our way, especially with Trump's policies, and that this could be a sign of an impending market crash. I quote some parts of … [Read more...]

Golden Energy – Is this a laggard coal play? (17 Feb 17)

Pursuant to Golden Energy’s (“GEAR”) compliance placement at $0.670, GEAR has not closed above $0.670 since its debut on 12 Dec 2016. In fact, GEAR has slumped 21% from $0.655 on 12 Dec 2016 to $0.520 on 17 Feb 2017. This underperformance is even more glaring as compared to +24% appreciation in Geo Energy’s share price over the same period. Is GEAR a laggard coal play? Let’s take a look at some … [Read more...]

The Telco Landscape in Singapore

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The telco regulator in Singapore, Infocomm Media Development Authority (IMDA), regularly publishes a list of facts & figures about the telco industry. It is interesting to look at the figures occasionally to understand the trends affecting telcos and review whether telcos worth investing. Mobile Services To investors of the 3 local telcos, the most important figure must be the no. of … [Read more...]

My investment portfolio, market value and position sizing.

I feel that I have been blogging a bit too much recently and it is probably a good idea for me to go offline for a few days. So, it won't just be blogging that I am avoiding but everything else that requires me to go online to do as well. Hence, I won't be replying to comments and emails either. Before I go offline in another few hours for the next few days, I should respond to a request … [Read more...]

Frasers Commercial Trust Long Term Play in Office Rental

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While most REITs are announcing their 4Q2016 or FY2016 financial results, Frasers Commercial Trust is actually announcing their 1Q2017 financial results. Net Property Income fell by estimated 1% due to lower occupancy for China Square Central and Central Park. We understand that China Square Central has started the development of a 16 storey hotel and the construction works will definitely … [Read more...]

How Real is the Trump-driven Stock Market Bull’s Run lately?

I had been away from the stock market for several months now and then I realized that there had been a bull run lately. Dow crossing 20k and STI crossing 3k. Wow... Great according to what Trump tweeted and many reckon he is going to transform the US economy for the better. You really think so? I remember in several months ago when Trump was the candidate, he mentioned we are in a day … [Read more...]

Change is the only constant

I haven’t been reading much into individual companies. I just felt that with markets hitting new hits, the is now very little room for errors. Why go against the tide? It is ‘fun’ tabulating up the unrealised profits week after week. However, as any investor would know, unrealised gains are as they are – unrealised. Capital gains are fickle, passive income gains not as much – but if you stick … [Read more...]

Diversification – in the name of big money

When it comes to the topic of diversification, many big time investors have opposing views, be it through their words or actions. If you ever know anything about investing and trading (which you probably should), diversification is one of the hottest debates we have ever come across. Today, I’d like to talk more about how diversification has helped me to make money, both actively and passively, … [Read more...]

Trust is a scarce commodity in properties

In properties, market confidence determines the boom and doom of the industry. To property buyers and investors, trust can make or break a deal. In this digital world, trust is more valued than ever. Unfortunately, trust is increasingly rare to be found in industry stakeholders and the mass media. Have something up your sleeve? It is interesting to see how the stakeholders with vested … [Read more...]

Bid Farewell To UMS Temporarily

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This is will be a rather short post. Finally, made my first transaction in 2017 yesterday. I have decided to release all my UMS shares at 70 cents yesterday. In fact, UMS is one of my best performing stock so far (about 27% capital yield, excluding dividend). The reason for my selling? Because it has met my threshold and its P/BV (Price over Book Value) is at a higher side now (at … [Read more...]

My Rewards from Learning Investment

Last June, I wrote about “my greatest reward of learning investment” in one of my article titled “The Fallacy of "How to be Rich" from Investing in Shares (Part 2)”. I mentioned back then, that my stock investment did not increase my material wealth significantly since I started in 2010. Even if it did, it was a humble one, unlike the extravagant rewards you often hear on the advertised … [Read more...]

Market cycle approach to working and ETF investing

I haven’t posted anything new in 2 weeks. Work picked up and the past 2 weekends were packed with family and friends meetups for lunches and dinners. Typical life of a working couple without kids. We spend most of the week at work during the day and with each other at night before scheduling all the catching up sessions over the weekend. This is on top of trying to find time during the week to … [Read more...]

Singapore Savings Bonds in OCBC iBanking

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Recently I noticed that there was a new option in OCBC iBanking. I was looking through the website and I saw this option: Seems like we can buy SGS from iBanking now! Clicking on it, we get: Looks like even the Singapore Government Securities (SGS) are there! For the ease for most people (no volatility) and considering SGSs are rather illiquid, I would discuss SSB for this post … [Read more...]

Will You Buy these stocks NOW?

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Jumbo since reaching an all-time high of $0.78 has retreated as investors rotated between penny stocks play. Jumbo stock closed at $0.71 today, a 8.9% decline from the all-time high. Currently, Jumbo stock is oversold. Will Jumbo stock rebound? Or will Jumbo stock head further south? Of course, I do not know though on the technical charts, I note that supports are at $0.70, $0.68 and $0.64. … [Read more...]