No. Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. IReit Global 73,000 0.73 53,290.00 12.0% 2. ST Engineering 15,000 3.20 48,000.00 11.0% 3. Kingsmen 45,000 0.62 27,900.00 6.0% 4. Fraser Logistic Trust 20,000 0.92 18,400.00 4.0% 5. FCL 10,000 1.51 15,100.00 3.0% 6. Micro-Mechanics 15,000 0.84…
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Reits Get Trumped!!!
It’s just been 4 days since Trump was elected as the new President and he’s done what the current term politicians cannot do in 8 years, i.e increase inflation. Trump policies are pro-growth businesses and it is forecast that inflation and interest rates will rise in tandem accordingly. This is probably the main reason why…
Kingsmen – Q3 FY16 Results Review
Everyone should be glued to the track running of the presidential election in today’s market, which Trump eventually won, hence there are little focus on results elsewhere. Anyway, it’s been a while since I last reviewed my position on Kingsmen, so thought I will do a quick throw on my thoughts. Q3 is generally not…
US Market Record 9 Consecutive Losing Streak
The S&P 500 could be on the way to make a record history by Monday should it record another losses. The longest streak was 9 consecutive losses when it happened in the 1980 when the index dropped by about 9%. We are about to witness another pivotal moment in the history of the US market…
Recent Action – CDL Hospitality Trust
I’ve had a rather busy week so I didn’t update much about the transactions which I’ve made for this week. I made quite a few of them and I will update them in my next portfolio updates. I added 7,000 shares of CDL Hospitality Trust at $1.31 after the company announces its third quarter results…
My Thought Process When Selecting Stocks
I’ve been wanting to write on this for some time but find it incredibly difficult to organize my thoughts and do so. When I saw fellow bloggers write about their thought process on their preference and methodology on selecting stocks, it helps a lot because there are so many ways and path that we can…
“Oct 16” – SG Transactions & Portfolio Update”
No. Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. IReit Global 73,000 0.73 53,290.00 12.0% 2. ST Engineering 13,000 3.36 41,340.00 9.0% 3. Kingsmen 45,000 0.64 28,800.00 6.0% 4. FCL 10,000 1.49 14,900.00 3.0% 5. Singtel 3,000 3.88 11,640.00 3.0% 6. Ascott Reit 10,000 1.14 11,400.00…
Why Is Accordia Golf Trust Not Acquiring Assets From Its Sponsors
I shared in the recent session sharing last week that there is beauty for Reits to grow through organic and inorganic means even though they are mandated to pay out most of their earnings to shareholders as dividends. I also spoke about how the role of the management becomes very important because their competency will…
Recent Action – FCL
A quick update to the recent movement I have in my portfolio. I managed to get through the queue by buying 10,000 shares of FCL at a share price of $1.48. Selling pressure has been strong in recent weeks, and we can see again that today it closes with a rather huge volume, given the…
Am I On Target To Achieve Financial Independence By 35?
The last time I did a review on this was back in 2014 (here) so it’s been a while since then. I started writing this blog in Dec 2011 where the objective is to document the journey towards the path to financial independence at the age of 35. I gave myself a stretch 10 years…