Category: Uncategorized

Ireit Global announced their full year results expectedly much better with a 20.8% yoy increase in the DPU to 6.33 cents for FY16. At the current share price of 75 cents, this represents a dividend yield of 8.5%. Do also note that from FY17 onwards the management can exercise their discretion to distribute up to…

Kingsmen announced their full year results late yesterday night which was anticipated to be bad. In my Q3 review, I anticipated their nopat to come in at $11 million by putting an assumption of 3.5% net margin based on the order book the company revealed. I was not far from that as the nopat comes in…

Kyith wrote a good piece of information this morning (Link Here) regarding segregating the difference between balance sheet and cash flow/cash and connecting the dots between how we look at company the same way we tend to shape our very own lifestyle and finances. After reading the article, I am tempted to look deeper into…

I’ve been on a rather buying spree this month. I think I needed to review my cash balance all over again to see how much I have left. I added Comfortdelgro this week by buying 11,000 shares at a share price of $2.43 (5,000 shares) and $2.41 (6,000 shares) on two different tranches. This is…

I bought 70,000 shares of ISO Team at a share price of 41 cents for a catalyst play. My previous catalyst play were for Noel Gifts and more recently Spackman and they have done considerably well. I hope this turns out equally good. Still, the risks are always pertinent there. The valuation based on TTM…

I initiated the purchase of this company not too long ago last Oct which I have written here. Since then, the company has dished out a dividend of 6.2 cents and are now sitting at around $1.60. The company announced its first set of results for FY17 yesterday and I will just take the highlight of…

I usually try to update this twice a year – one after the Chinese new year and another during their birthday month. I also try to make this update as consistent as possible every year to discipline myself of the intention I had from the start because I know this could easily be brushed aside…

1No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Fraser Logistic Trust 80,000 0.97 77,600.00 16.0% 2. CDL Hospitality Trust 50,000 1.385 69,250.00 14.0% 3. IReit Global 73,000 0.745 54,385.00 11.0% 4. Kingsmen 60,000 0.59 35,400.00 7.0% 5. LippoMall Trust 80,000 0.395 31,600.00 6.0% 6. ST…

Sabana Reit is probably one of the most deafening and worst performing Reits we have listed in the SGX market. There has been so much recent news surrounding the company that it appears there are many uncertainties on its future. I made my initiation purchase on Sabana (Link Here) just last month and to date…

First of all, I apologize for the lack of posting in recent weeks as I was busy attending to my wife’s baby delivery at the hospital for the past few days. I am going to document this post for my future reference and for anyone who wishes to know about the charges involved. This is…