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Nibbled Mapletree Logistics Trust and Sembcorp Marine
By Live Rich Life Free  •  September 11, 2020
The share price of Mapletree Logistics Trust (SGX:M44U) has taken a beating in recent weeks and I decided that it is time to initiate a long term position for this high quality logistics Reit riding on the booming waves of e-commerce. Also, to complete the quadruple Mapletree collection. While technically MLT's share price may correct further below 2, I would then be happy to slowly accumulate more in future. Practically, I am practising the commonly used dollar-cost averaging strategy to build up my investment portfolio. I have also received the "free" shares of Sembcorp Marine (SGX: S51) demerged from Sembcorp Industries (SGX: U96) today. As I have 2400 SCI, based on the payout ratio of 4.911 shares to each SCI share, I got 11,786 shares of SMM credited to my CDP account. There is an ongoing $5 commission promotion by Phillips Capital POEMS for odd lots trading in Sembcorp Marine shares from 11 Sep to 9 Oct....
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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