No. Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. China Merchant Pacific 74,150 1.06 78,600.00 26.0% 2. Vicom 8,000 6.24 49,920.00 17.0% 3. Fraser Centerpoint Trust 10,000 2.02 20,200.00 7.0% 4. Nam Lee Metals 70,000 0.29 20,300.00 7.0% 5. FraserCommercial Trust 11,000 1.48 16,280.00 5.0% 6….
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Fraser Commercial Trust (FCOT) – Beware This Is Coming
Shareholders of Fraser Commercial Trust (FCOT) should already receive a circular notice stating their intention to purchase the 357 Collins Street at an estimated price of AU$200 Million. These development gets interesting because of certain situations that draw parallel to the recent case of Lippo Mall Trust (LMIRT) for their acquisition of Kemang mall, which…
Recent Action – Silverlake Axis
Silverlake Axis has been one of those stocks I’ve been waiting to add into the portfolio for a very long time. I missed the great run-up a few years ago and I’ve been waiting since then. Today, I took the opportunity to add them at a purchase price of $0.94 for 12,000 shares. It appears…
How Do Buffet Restaurants Price For Profits?
I’ve been thinking of writing a slightly different content from what I usually write relating to personal finance and investing so glad that I managed to churn out one. At work, one of my main task is to make budget plans for the company and have them revisited regularly to allow the company to meet…
Can You Be Frugal Without A Goal?
When I first started off this blog on my investing journey, I had a clear objective of what I wanted to achieve at the end of the day. There are several steps that I needed to follow and habits that I needed to change in order to achieve that and frugality is one of those…
Singapore O&G Ltd IPO – Balloting Results
The IPO balloting results are finally out this evening after quite a number people I know have applied, including myself. I had applied for 101,000 shares and didn’t expect much from it. True enough, the chances of getting 7,000 shares were probably very slim at 5% probability and the bid was not successful. There are…
Pacing Your Buying Activities
We’ve had a couple of consecutive negative returns in the Singapore market in recent times now given the lacklustre start to the year. It feels weird because on one hand it seems like a pretty normal things that we know the market will react but yet on the other hand because we have not had…
Singapore O&G Ltd IPO – Thoughts
I was highlighted from a fellow blogger, Richard from Invest Openly regarding the upcoming healthcare related IPO which will be listed in the Catalyst. Many people are comparing this against related healthcare Raffles Medical which are now trading at around 30x PER. For me, I’d see this more towards the proxy of Cordlife, since they are in…
Chinese Stock Market Irrational Exuberance
It was only a month ago that I last written an article on the China stock market (article here). Back then, I mentioned how the dragon has risen from 1,900 all the way to 3,700. The index is now at 4,800 and everyone is predicting it will only a matter of time before it reaches…
“May 15″ – SG Transactions & Portfolio Update”
No. Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. China Merchant Pacific 72,450 1.06 76,800.00 25.0% 2. Vicom 8,000 6.00 48,000.00 16.0% 3. Fraser Centerpoint Trust 10,000 2.12 21,200.00 7.0% 4. Nam Lee Metals 70,000 0.30 21,000.00 7.0% 5. Fraser Commercial Trust 11,000 1.57 17,270.00 6.0%…