Shares & Derivatives
Journey To Retirement Part 14.1 — MapletreeCom Trust
By ccloh Strategic Investor Zone  •  November 21, 2016
Sold 80% of the right issue allotment at $1.52, $0.10 above the right issue price of $1.42.  The reason was pretty much strategic and act accordingly to Sun Tzu Art of War (孙子兵法).  As such, the overall cost of the "Strategic" section of the portfolio went down from $0.239/share to $0.0419/share. Why 80% and not whole of everything ?   Well, the sale proceed of that 80% is just nice enough to subscribe to the right issue of Keppel DC Reit whose right issue price is at $1.155.  Normally, right issue will dilute the existing holding especially in term of dividend collected.  This is the case for my Keppel DC Reit should I opt not to subscribe for the right issue.  However, that is not the case of MapletreeCom Trust in my portfolio.  Keppel DC Reit is under the "Cash" section of the portfolio ......
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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