This is an important milestone for me to journal so I could look back in the few years to come to see where I am today. It’s importance means so much to me that I think it deserves an article of its own. The last time I hit my first milestone of $250k (Link Here)…
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“Mar 17” – SG Transactions & Portfolio Update”
No. Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. CDL Hospitality Trust 60,000 1.39 83,400.00 16.0% 2. Fraser Logistic Trust 80,000 0.96 76,800.00 15.0% 3. IReit Global 73,000 0.72 52,560.00 11.0% 4. M1 20,000 2.17 43,400.00 9.0% 5. LippoMall Trust 80,000 0.39 31,200.00 8.0% 6. Comfortdelgro…
Kimly IPO – Balloting Results
This is the balloting results of my previous write up here on the company. Balloting Results I applied for 101 lots but didn’t manage to get any allocation at all. Turns out that balloting ratio was pretty decently spread out. 2 out 25 chances means a 8% chances of getting allocated. That’s better chance than the previously…
Recent Action – Far East Hospitality Trust
I’ve been in a rather busy and heavy month transacting a few recent buys and sells. I’ll consolidate my purchase and sells in my next portfolio update shortly. Today, I’ve added 40,000 shares of Far East Hospitality Trust (FEHT) at a price of 59 cents into the portfolio. My original intention was to accumulate more…
Recent Action – UOL
This will be a quick update on the portfolio as I added 3,000 shares of UOL at a price of $7.04. I added this company right after the cooling measures was announced a couple of days ago, which I believe has brought the sentiments of the market into a different direction. Hence, this purchase was…
What Bruce Greenwald Thinks of Current Market Valuation
Bruce Greenwald is one of the renowned professor of finance at the Columbia University and is personally one of my favorite personnel. Back late in Dec 2014, I’ve read books about him and tried to understand and replicate his financial modeling of the Earnings Power Value (EPV) method in great detail. You can read my…
Kimly Limited IPO – Should You Be Getting This?
There’s a new IPO in town and it’s not any stranger to most neighborhood folks who have heard of the brand. Kimly Limited is inviting man on the street to become part of the shareholders by opening a total of 173,800,000 new shares which comprises of 170,000,000 placement and 3,800,000 public tranche at an offer…
Ascott announced rights issue of ratio of 29 units for every 100 existing shares
Ascott Residence Trust announced that it is undertaking a renounceable rights issue to raise a gross proceeds of $442.7 million to make an acquisition of 3 properties. The rights was issued at 29 units for every 100 existing shares at a price of $0.919, which is a 21.5% discount from the last traded price of…
Taking a Concept Out From Everyday’s Life
These days I have been focusing my time on teaching my son things that he needs to learn at this stage. On days when I am working from home or on leave, I would walk him to school as it is only opposite our home. One of the important things I started teaching him was…
Dividend Income Updates – Q1 FY2017
All my companies have finished reporting their earnings which means I can already tabulate my dividend income figure for the quarter. Dividend income has been one of my main objective I wanted to achieve for this year because in the past the strategy I took was rather different than what I had done in recent…