Karin Technology – What really matters in a Stock (11% Yield)

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Dividend yield stands at 11.42 % | HK company | Founded in 1977 | Comparison will be done with ExcelPoint Technology(BDF) – Based on closest market cap 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 0.564 (43.6% Below fair value)  BDF – 0.812 Price to earning ratio : 28.837 ( Growing above industry standard –11.614) BDF – 7.303 2)  LEARN ABOUT THEIR … [Read more...]

The Investigative Approach to Stock Investments

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There are a couple of quantitative methods for analysing stocks, such as the Dividend Discount Model (DDM). A lot of people use them for stock analysis and investment as they are relatively simple to use and do not require qualitative analysis of the business strategies, competitive environment, corporate governance, etc. For a very long time, I was also a keen user of such methods, looking at … [Read more...]

TTI’s New, Puny Position – S i2i

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March has been an absolutely crazy month for me thus far, work-wise. Probably cos it’s sandwiched between 2 holidays, and I’m paying for my travel sins. It’s almost the end of the month, and I have not had a weekday lunch in the whole of March. That’s really not very healthy. It’s screwing up my GI system, and I’ll probably see the consequences 2 decades from now. But it’s just 1 of those … [Read more...]

Old Chang Kee

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As stated in my earlier post, Old Chang Kee trailing dividend yield was at 3.45% on 12 March 2017. It isn’t a very high yield (esp. as compared to the business trusts and REITs). So you may be scratching your head, wondering why I put this in the ‘dividend’ stock list. However, in an environment of rising increase rates, whereby the normal yield of stocks is hovering around 2% to 3%, a 3.45% … [Read more...]

What is True Wealth?

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Friends, readers, fellow financial bloggers… today, I want to challenge your understanding of wealth, your perception of financial freedom, and your dogged pursuit of material gains or success. But first, to ensure you that I am not approaching this topic of wealth from the proverbial moral high horse, let me share some details and experiences that led me to the thinking that I seek to ‘impose’ … [Read more...]

When is the best time for making OA to SA transfer | Earlier is not always better

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Few months back Max wrote a post to discuss the things to consider before transferring our CPF money from OA to SA savings. Essentially, the post discussed that if the transfer is made earlier, the power of compounding at the higher interest rate will reap significant benefits, but because the transfer is irreversible, the 'in case I need it' mentality is still the key barrier for some to optimize … [Read more...]

The Three Faces of Poverty in Modern Life.

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In order to become richer, sometimes it is helpful to understand poverty. When Thomas Piketty published Capital in the 21st Century, it is easy for a rentier like me to dismiss this as a rallying cry of welfare-state socialists. But as it turns out, the book had the effect of deepening my conviction towards my dividend portfolio because it proposes the idea that the growth of capital far … [Read more...]

Nikko AM Straits Trading Asia Ex-Japan REIT ETF : One Thing People Aren’t Saying

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Like what I wrote for Phillip SGX APAC Dividend Leaders REIT ETF, just throwing out some food for thought for this one. A REIT ETF such as Nikko AM Straits Trading Asia Ex-Japan REIT ETF is a great tool to have at our disposal. It would fit in nicely if you’re trying to construct a portfolio like Rick Ferri’s Core Four, for example. Portfolio Charts is a website that I really like, by the … [Read more...]

Nine years as a corporate warrior

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I have been a corporate warrior for nine years, and in these nine years, I have worked for three different companies, in three very different roles. These nine years also shaped what I want from a job.   Just recently, I received my five year award from my current company. This is my first long service award.    Just after graduation, I started my first job. Back then, my aim was to earn … [Read more...]

Should Moonlighting be encouraged?

I have not updated my blog for a few months as there were not much changes in the market (it is still priced at high levels) and also that I was too busy focusing on my work even on weekends. That is what you get working for big companies and when given a laptop to work with.  Never had I heard of any one saying his or her salary is enough. It is likely most people who want more income outside … [Read more...]

99-YEARS REALLY MEANS 99 YEARS? NOT FREEHOLD?!?!

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Okay, I think it's good that MND Lawrence Wong has finally clarified AGAIN for all the stupiak people out there that are not so sure what "leasehold" means. Some good quotes from the Straits Times article, but I highlighted my favourite one and it's the more important thing to note: "... for most HDB flats, their leases will eventually run out and the flats returned to HDB, which in turn … [Read more...]

STI ETF Benchmark comparison

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SGXCafe is a great portfolio management website for me (although I do my own excel spreadsheets to track as well). However, there was always something that bugged me. There is a time weighted return benchmark of my portfolio vs the STI ETF, however, for XIRR there was none. So I was bored and all and decided to create 3 separate portfolios of STI ETF, Bought on the closing price on … [Read more...]

When can gambling make more than investing?

Reader: hello AK, just curious and wanting to understand further your thought process on HLS. Would knowing about the bumper dividend have changed your decision? I assume the announcement wasn't made yet when you sold. AK: Alamak. This is like asking me if I can see the future... Not a meaningful question 😉 Reader: hahahaha clearly I didn't give a good illustration put it another way, … [Read more...]

Random thoughts: Abundance and buffet

I believe my world is one of abundance, and the world in general can be of abundance too. However, abundance need a ingredient. It is thankfulness. Thankfulness is the lens we see things. There is plenty of randomness in this world, I happen to be a beneficiary in plenty of things, lucky if you like. Why do I say this? I know of 2 persons, of equal capabilities doing the same work. Of course, … [Read more...]

Why I Don’t Lend My Money Via P2P???

Read? How to become rich in stocks??? (29) Peter Lynch: You don't need a lot in your lifetime. You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot. I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you … [Read more...]

The Expected Return Model – How You can Refine Investment Decisions, Prospect Stocks Clearly, and Sleep Better at Night

Back when I was still figuring out all these investment stuff, I always have some questions that I couldn’t find in books or the people I listened to. Some of the questions that often bugs me was: Should I buy and hold investments for a long time? When some event happen, that affects my investments, how should my plan deviate? Should I still hold on? Should I sell or buy more? How … [Read more...]

Ernest’s market outlook (24 Mar 17)

Dear all, After 109 trading days, S&P500 finally staged a 1% drop on 21 Mar 2017. Is this the start of a correction? Let’s take a look at the charts. S&P500 Just to recap what I have mentioned on 10 Mar 2017 (see HERE), I wrote “All the EMAs are rising steadily. Since 8 Nov 2016, S&P500 has not traded below its 20D EMA for more than one trading session. Amid positively placed … [Read more...]

Cory Diary : Financial Portfolio Update 20170325

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Has been a month since my last post. Seems a long time. Quite amount of office politics that I have to carefully maneuver while getting things done during this period while guiding my team on execution and business alignment. Good news is we are better today than a month ago. More work to do ! 2017 is Year of Rates and Banking. Banking continues to recover from last year despite the oil … [Read more...]

Equity Management #6 : A unified approach to engineering portfolios.

Ok, we're moving into a new section of the book which talks about portfolio management. The basic summary is quite simple - a unified approach towards portfolio management trumps the approach where the markets get segmented. What this means to me is quite simple, wherever possible, try to start with the entire universe of stocks. In my case, I review the 700+ counters available on SGX through … [Read more...]