Made $14K a month and struggling at 48 years old.

Reader: This one worth a share man. Financial prudence - 14K a mth former banker and struggling at 48yo. Pity him anot? http://www.straitstimes.com/singapore/out-of-work-and-out-of-luck-in-search-for-full-time-jobs?xtor=CS3-18 AK: OMG! Reader:  14k per mth I think exclude bonus lah AK: Sigh. Banker somemore. Should know better. Reader: Master in Financial Engineering … [Read more...]

KIMLY IPO: how does it go for TOM K?

IMG_20131205_170058.jpg

Dear readers, as you would have most probably known by now; Kimly IPO subscription ended yesterday 17 Mar 2017 at 12pm and the IPO was oversubscribed by more than 8 times. As shared earlier in my blog post on Kimly IPO (you can refer to the post here); Kimly IPO is widely expected, due to its defensive business model, to debut strongly on its first day of trading next Monday; as a result it is … [Read more...]

Some dividends are not meant for investors to keep forever or spend them off??? (2)

Read? Some dividends are not meant for investors to keep forever or spend them off??? S-REITs and their right issues. What is the issue with right issues for not-so-wealthy retirees who are depending on investment income to support their household expenses;  they better know what is dilution at personal investment level. It is same as the loud voice in the main stream shouting on … [Read more...]

Missed selling APTT at higher price.

Hi Mr. AK, I like when you say all investments are good at the right price. I also follow you to buy APTT when it was 38c. Thank you. I just found out you sold end of last month. The price now 43c. I missed the chance to sell at 49.5c. Do you think I should sell at 43c? I am not blaming you but I only read your blogs on stocks. I missed the sell on APTT at high price because it … [Read more...]

Super Group – Time To Accept The Offer!

Super-Group.JPG

Ever since the news broke out in Nov 2016 that Super Group (S10) might be acquired by Dutch tea and coffee company Jacobs Douwe Egberts (JDE), the share price has hiked 34% to $1.30, as at yesterday (17/03/2017), which is also the offer price. For more details of the earlier news, check out the Straits Times article here. Five months later, finally received the official cash offer documentation … [Read more...]

Laggard stocks: Chart outlook for ISOTeam, Midas and Sapphire (17 Mar 17)

Notwithstanding the rally in the equity market, there are some stocks which continue to be laggards and are consolidating around their key support areas. If the market continues to stay buoyant, it may be a matter of time before funds rotate to the following laggard stocks, namely ISOTeam, Midas and Sapphire. 1.ISOTeam closed unchanged $0.390. Day range $0.390 – 0.395. Ave analyst: … [Read more...]

5 Things To Know Before You Start Investing

books-1024x818.jpg

Sharing is caring:So you have saved up some money and are unsatisfied with the little return you are getting from keeping your money in the bank? You heard about how you might be able to earn a little extra from investing in the market. You saw your friends doing it, you have seen movies about it and now you think you are ready to start your investing journey as well?Well, hold your horses. If you … [Read more...]

5 Things To Know Before You Start Investing

books-1024x818.jpg

Sharing is caring:So you have saved up some money and are unsatisfied with the little return you are getting from keeping your money in the bank? You heard about how you might be able to earn a little extra from investing in the market. You saw your friends doing it, you have seen movies about it and now you think you are ready to start your investing journey as well?Well, hold your horses. If you … [Read more...]

Speaking And Sharing With Track Records!!!

Singapore Man of Leisure2 March 2017 at 22:28:00 GMT+8 CW, Lucky they got you! You speak from experience and track record ;) Go break a leg! CW8888:  Hmm ... That is really true! It is about track records! See for yourself. LOL! Uncle8888 knows his Numbers! What he shared is based on track records! He knows his total earned income from his full time employment since … [Read more...]

You don’t get to hack the CPF, the CPF gets you hack you !

Ok, it is time to summarise yesterday's proceedings. In case you guys are wondering, when we conduct our talks, we don't really do rehearsals so some of us speakers are also there to listen to what other bloggers have to say. So things get interesting if there is a disagreement between us, nothing we ever do is scripted. Here are some comments and things which I learnt from yesterday's session … [Read more...]

Recent Corporate Activities of Gold Mining Stocks

Pix-10

Singapore’s trio of gold plays have averaged an 3% return in the 2017 year to date. The three miners, CNMC Goldmine Holdings, Wilton Resources Corporation and Anchor Resources are in different stages of the gold exploration, development and production. CNMC Goldmine Holdings recently completed a subscription of 51% of the shares in the enlarged share capital of Pulai Mining Sdn.Bhd. Pulai … [Read more...]

Why You Should Get The Unlimited Cashback Credit Card

Standard-Chartered-Unlimited-Cashback-Card.png

Having recently experienced an interest rate reduction on his deposits, there is finally some good news coming from the banking industry. A competitor, Standard Chartered Bank (‘SCB’), just released a very attractive credit card- the Unlimited Cashback Credit Card. We all know that cashback is all the rage these days. By targeting right at the primitive desires of consumers, it will not be … [Read more...]

AIMS AMP Capital Industrial REIT levels up.

AIMS AMP Capital Industrial REIT (AA REIT) is probably one of the better run REITs in Singapore, creating value for unit holders in a sustainable manner and their recent action reaffirms my view. Most REITs are leveraged to some degree. Although leverage could magnify gains, in an environment of lacklustre growth and rising interest rates, too much leverage could spell trouble. I remember … [Read more...]

Trading Experience

pexels-photo-187041.jpeg

I spent the past few months doing stock trading. To be exact from November till today, I have only done 3 trades. The trading technique I used is actually no technique honestly. I totally ignored the typical technical indicators such as moving average convergence divergence (MACD), relative strength index (RSI) or stochastic oscillator which you would see in any technical analysis … [Read more...]

A tech bubble in the making?

latest.png

Seriously? Snapchat (SNAP) IPO had a market cap of US$24billion with a share price of $17 per share. This IPO seriously looks like a huge speculation gamble coupled with miraculous expectations that the company will somehow generate a profitable net income after 2 years of net losses. That’s right… SNAP has had increasing net losses of US$373 million in 2015 and US$515 million in 2016 … [Read more...]

How to Prepare for Rising Interest Rate

So, it is final that FED increased interest rate by 25 basis points on last Wednesday and you could easily find news and comments on the impact of stocks and economy with this rate hike.  But at least the rate hike is seen as vote of confidence in US economy which has witness increasing inflation and job growth and of course market react positively on this. Our immediate thinking will be, of … [Read more...]

Ascott REIT’s mega discounted rights issue.

Hi AK With the recent rights issue of Ascott reit, i read that the DPU and NAV per unit will most likely drop after this event. Can you share your thoughts about this(the reason for this rights issue)? Declining DPU. Source: HERE. Hi AY, I don't like Ascott Residence Trust. I don't have this. They are always raising funds but I don't see performance improving. If you … [Read more...]

Correction: POSB Invest-Saver’s monthly contribution amount can be readily tweaked!

Change-in-Monthly-Amount-1.PNG

Apparently the POSB staff made a boo boo. In my post on Optimizing my POSB Invest-Saver Plan, I shared that changes to the monthly investment amount only takes effect on the next next month. This information was provided to me by the POSB staff. However, a few days later....... The following screenshot from my iBanking account shows otherwise. This is good news. I can now "optimize" my … [Read more...]

COULD THIS STOCK BE THE NEXT MULTI-BAGGER?

IMG_2474.JPG

I last blogged on Moya Asia sock in February 2017; you can refer to the post here . Since then the stock has been trading in a tight consolidation pattern with a support at $0.067. Yesterday, the stock traded on high volume, closing the day at 7.2% higher with a upward bullish candlestick. The 5-Days Moving Average which has traded below the 20-Days Moving Average seems to be making an attempt to … [Read more...]

Kimly Limited – Balloting Results

image-757546.png

  Kimly announced that its IPO of 173.8m shares were collectively 8.3x subscribed on an overall basis. My back of envelope computation showed that the public tranche was 336x subscribed. For investors who applied for the public tranche, the balloting table is presented below: Investors who applied for 100k shares will have a 2:25 chance of getting 6,000 shares. The insiders, … [Read more...]