Search Results for: ipo

IREIT: What is a more realistic distribution yield now?

A reader who attended last Saturday’s event sent me an email asking me about IREIT Global because he got in during its IPO and he is now worried after hearing what I had to say. I was puzzled because I asked if anyone was invested in the REIT on Saturday but there was no indication that anyone was. Anyway, for those who are interested, I did not say anything new last Saturday. Please see related post at the end of this blog. Basically, I again explained why I avoided investing in IREIT Global when they had their IPO middle...

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k1 Ventures Ltd (K01)

Image credits K01 website Another blogger wrote about k1 Ventures Ltd (K01) recently and that caught my eye so I went to take a look as I was rather interested to find out more. When I told ACCICB about this stock, his first question was the daily trading volume and the current price. I think it being a penny stock didn’t interest him but I think it could be a good stock to hold as after all, not everybody, myself included, has that much money to invest in stocks. K01 is an investment company and their current investments are...

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My Asset Portfolio

Most of the time, I see people listing out their investment portfolio or their assets but hardly anyone combine the both. I think it would be interesting to see how much I am investing in relation to all my assets. Hence, while everyone is talking about Keppel Corp and Keppel Land, I decided to distract myself by doing my own asset portfolio.   Since I do not own a property, my assets are pretty straight forward – Cash and Shares. I am not going to take CPF or Insurance into consideration because it is not something that I can...

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About me

At this time of writing (Oct 2014), I am a 41 years old male, married with 2 beautiful daughters. I am not new to investing. In fact I have been investing throughout my life. My mum introduced stock investing to me. She still do stock investing sometimes buying at ridiculous time during bear market and penny stocks. Sometimes I would give her my puzzled look with her calls haha. But overall she did better than me, collecting dividends and win some tikams. I first started mine when I was doing my NS dabbling with IPOs and buying stocks etc....

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SRS Strategy and Portfolio

As mentioned in my IPO blog yesterday, I updated the investment strategies for all my blogs and today i cover the SRS strategy. You can find the updated strategy here and it will be constantly updated over time. Let me reiterate the key concepts and mindset so that you can appreciate it better. Fundamentals – Stocks are chosen primarily using fundamental analysis in terms of valuation, macro outlook and earnings potential. Longer time horizon – The stocks are held over a longer time horizon and not intended for short term trading. Volatility – is actually not appreciated. I would prefer to see...

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IREIT: Is the projected distribution yield of 8% safe?

For investors who plonked down money in IREIT’s IPO at 88c a unit, they must be feeling somewhat relieved that the turmoil in the European markets, following the move by Switzerland to scrap a 3 year peg to the Euro, sending the Swiss Franc sky rocketing, has not affected IREIT’s unit price. However, I have a faint suspicion that this feeling could give way in time to come. I did not take part in the IPO partly because I didn’t like the fact that it was priced at a hefty premium to its NAV of 78c per unit. When...

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Would FIRST REIT’s rental currency peg change

First REIT have been one of my longest held REIT and its been a rewarding ride. I probably seen its yield on my cost grew over the years to its current 9.62% (refer to existing portfolio here).  According to the well updated Dividend Stock Tracker it currently yields 6.23%. AM Fraser initiate a report this week, stating that there are room for 28 property acquisition to add on to its current asset size, potential AEI to its earliest hospitals. They feel that there are room to go for First REIT. Some how the report highlights the risk more than...

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Recent Action – Ascendas Hospitality Trust

In the beginning of the year, I have always wanted to review and reduce the holdings in my portfolio which is now currently at 13 companies. My intention is to identify the weak performers, flush them out and concentrate on those with quality fundamentals because it doesn’t seem justifiable to spend the time and effort to monitor them. Ascendas Hospitality Trust is one of those I have identified as weak performers and until today, I still think the management is not fundamentally strong enough that I can bet my money on to bring the company to greater heights. I bought these shares during the IPO days...

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10 Quick Facts about Standard Chartered

Hello all! Since I started my investment journey, I have always been planning to open a Standard Chartered Online Equities Trading account for my investment needs once I am qualified for a CDP account (in less than a year’s time now) as I recall that Stanchart OETrading Account provides the lowest commission fees the last I researched. However after the recent news of it shutting down its global equities business, which is a major change, it obliged me into re-researching about its business again… In summary: StanChart will be closing its institutional cash equities, equity research businesses and cease offering capital markets services, such as initial public offerings,...

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Relooking underneath behind the ratio for REITS

Real Estate Investment Trust (REIT) is one of the most popular investment tools for investors looking for stable income distribution. In a typical REIT structure, money is raised from unitholders through an IPO at the initial stage and is used by the company to purchase a pool of real estate properties. These properties are then leased out to tenants and in return, the income flows back to the unitholders as income distributions (dividends). Due to the way they are structured to form tax benefits to the company, REITS are required to distribute at least 90% of taxable income each...

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Cash Flow versus Net Worth

Let’s have a bit of fun as the year comes to a close. Cash flow versus net worth, which is better? Well… Gold digger If I am a gold digger, I’ll definitely go for net worth – especially if he got a 40 million dollar landed property. Look, it’s much easier and natural to whisper to him during “pillow talk” to have my name added to the title deed. Now try doing that with a partner who is asset light (rents a penthouse condo) but have a 5 million dollars annual salary… “Dear, can you include my name in...

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Most Popular Investing Posts on TheFinance.sg 2014

IPOs continue to capture the readers’ interest but what other investment articles also made it to the top five most-read investment posts this year? Invest in real estate for high returns! A reader, Gary, asked me for my opinion about something he saw in Bukit Merah Central. “… Saw a roadshow in Bukit Merah Central which displayed “24% per annum”! Company is Islandia and I’m not so sure if really can get 24% per annum! Sounds like scam but the strange thing is that there are people manning the booths!” So, with some help from my friends, Victor Chng and...

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The perils of the stock market (Part 3)

In the era of increasing oil prices, investors may think that oil companies have escalating profits and investing in them are safe and sure bets. China Aviation Oil (Singapore) Corporation Ltd is an investment holding company engaged in the supply and trading of jet fuel.  It operates in three segments: Middle Distillates, Other Oil Products, and Investments in Oil-Related Assets. CAO(S) was a stock darling after its IPO in 2001, with its prices surged as much as sevenfolds, as the company announced plans to refine, store and trade oil in Singapore, the Middle East and Europe. In 2004, CAO(S)...

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Keppel DC REIT – Balloting Results

Keppel DC REIT announced its balloting results this evening. For the public tranche, it was around 9.6x subscribed. Public Offer Looking at the balloting table above, investors who applied for 100 lots will have a 50% chance of getting 23 lots…. Mr IPO’s balloting results Mr. IPO have not bathed for weeks…. and was unsuccessful despite a 50% probability of getting the shares…. :( Placement Tranche With regards to the placement tranche, nothing to shout about. Two Temasek related entities subscribed for the placement tranche and the independent directors invested in the REIT as well. It will be interesting...

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iFAST Corporation – Balloting Results

iFAST Corporation announced a strong set of IPO subscription results where the shares were 12.4x subscribed. The over-allotment option was exercised and in this regard, an additional 3.28m shares were issued. This will be used to support the share price should it decline below the IPO price on debut. Public Allocation Public investors who applied for 100 lots will have a 40% chance and get 11 lots. It is interesting to note that the directors came out in full force to support the IPO and that 3 other reputable investors subscribed for more than 5% of the IPO tranche....

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