New Counter: Sapphire Corporation

In a bid to reach my target portfolio size of 8 counters, I will spend my bonus on acquiring 2 more stocks. Sapphire is the first of the 2. Equity: Sapphire Corporation (SGX: BRD) Business: Rail Infrastructure Construction Markets exposed: Primarily China, increasingly Developing Asia Stock exchange: SGX Purchase price: 0.335 Purchase month: March 10% per annum:  Sapphire … [Read more...]

How to ownself snake-oil ownself – Investment Goal Setting

Why do people like to set "SMART" goals on consequential activities they have little control or influence over? For example, setting an investment goal of 8% return per year when you are a long only retail "investor". Hmm... When they hit their goals, they say its their stock picking skills (STI went up 20%). But when they failed to hit their goals, they say it bad luck, its a bear market … [Read more...]

Portfolio Update: March 2017

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This can be considered a flat month although the total value of the portfolio increased by about $3,000 to end up at $393,000. The appreciating SGD against USD and HKD mitigated some of the stock market gains and it’s interesting that the consensus I sense is that the market appears more frothy than 2 years ago.That’s when the STI was near 3,500 compared to 3,200 right now. But the difference is … [Read more...]

KFC founder got rejected 1009 times at age 65

This will be a short post that I hope to inspire readers. Recently when I tried to order Kentucky Fried Chicken (KFC) online, I wondered how come the logo consists of a picture of an old man. Why not a picture of the founder in his prime? It was then I found out that the KFC founder, Colonel Sanders, got rejected 1009 times at age 65 before he found success. Colonel Sanders was forced to start … [Read more...]

THREE STOCKS INVESTORS MUST KNOW BEFORE SG MARKETS OPEN

Before the local Singapore stocks market opens on 20 Mar 2017, these are the two stocks which investors must know: 1) Kimly Group stock Kimly Group stock is making a debut on the Singapore stocks markets. The coffee-shop operator stock is the first stock of such a nature to be listed on the local bourse. Kimly Group stock IPO is around 8.3 oversubscribed and this points to the strong demand … [Read more...]

EZRA STOCK: BANKRUPTCY!

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EZRA has filed for bankruptcy in the US states yesterday (19 Mar 2017). This was the latest development following the trading halt in Ezra share last Wednesday. I am not too familiar with how bankruptcy of local stocks in Singapore will proceed and more importantly whether there will be a possibility shareholders of Ezra stock would get back their capital or even some monies. It seems to me even … [Read more...]

Challenging Times Ahead for Starhub’s Dividends

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When M1 announced its results in end Jan, I went to buy both M1 and Singtel, but I did not buy Starhub. The conventional wisdom is that between M1 and Starhub, Starhub would be better able to manage the competition from the fourth telco, as it has Pay TV, broadband and enterprise fixed services besides mobile services. That is true provided the other business segments are generating stable, … [Read more...]

Taking care of my own busyness

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It happened again. I had lunch with an ex-colleague back from that phase in my life when I served my corporate duties and built up the foundation of my finances. TACOMOB: “How are you?” CORPORATE WARRIOR (CW): “Busy.” TACOMOB: “Busy with what?” CW: “Busy with work, what else?” TACOMOB: “Why are you not busy with life?” CW: “Actually, I am busy all of the time.” TACOMOB: “What … [Read more...]

Of Rights, Warrants and Your Bedokian Portfolio

If you belong to the active camp of investors of The Bedokian Portfolio, chances are you might see the terms “rights” and “warrants” in your individual equities and REITs counters. For this post, I will share what are rights and warrants, how these would affect your Bedokian Portfolio and what to do about them. Rights Rights are entitlements to existing shareholders for the purchase of … [Read more...]

WHICH STOCKS TO BE PRIVATISED NEXT?

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The news that M1’s three largest shareholders are reviewing their stakes in M1 has led to speculation on the possible privatization of M1 stock. M1 stock responded in return, soaring some 7.9% on 17 Mar 2017 before the trading halt of the stock. It was reported that talks of potential divestment of listed Telco firms has come as early as last year as the major Telco players brace themselves for … [Read more...]

Potential sale of M1

M1 biggest key shareholders Malaysian telecom firm Axiata Group (28.54%), Keppel Telecommunications & Transportation (19.23%) and Singapore Press Holdings (13.38%) announced on 17 March that they are evaluating selling their combined stakes worth more than $1.14 billion. This triggered a sharp spike in M1 trading yesterday to a high at $2.19 per share, representing 7.88% increase before … [Read more...]

History of Cash Calls for REITs (Updated as at 19 March 2017)

Wow. Time flies. It has been 7 months since I posted a list detailing the history of cash calls for REITs. I have just done an update to the list: 1). Added in new cash calls that happened within this period 2). Rearranged the list by alphabetical order 3). Added in past private placements which I have missed out 4). Created a page/tab to contain the information *points above* (or click … [Read more...]

CPF Talk Review – No General Solutions, Rich Assets vs Good Assets, Opening a CPF SA for your baby, Paying off Home Loans Earlier and Niche Rule of Thumbs

CPF is many things to Singaporeans, and we should be concern about how we can make sense of the CPF, and manage the CPF more efficiently. We conducted our BIGS LIVE on 16 Mar 2017, centering on making sense of your CPF and we have a very healthy turned out. My friends Chris from Tree of Prosperity, Budget Babe and Uncle Createwealth888 provide us with a glimpse of how they live with CPF and we … [Read more...]

KIMLY IPO: how does it go for TOM K?

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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...]

Super Group – Time To Accept The Offer!

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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...]

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...]

Why You Should Get The Unlimited Cashback Credit Card

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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...]

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

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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...]

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...]