Today I’ve initiated a long position in Mapletree Greater ChinaCommercial Trust (MGCCT) at a price of $0.81. This is my second additions to the Mapletree Reits family which I have in my portfolio after the purchase of Mapletree Log last month. I’ve long been impressed with the quality of the assets that MGCCT has when it launched…
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Working is the ultimate slavery duty for a financial freedom wannabe
Many people wants job security. Many more people wants financial freedom. Usually, the more security a job has, the more mundane and repetitive the role is. The more hate you have for your job, the more you seek to get out of the rat race and seek your own path for financial freedom. Ever thought…
Struggles that makes you stronger in the financial world
What doesn’t kills you makes you stronger. Life isn’t one straight line like the one you see in the picture. Life is full of ups and downs and most often it is the struggles in life that makes us stronger of who we are. Without discomfort we will never progress individually. Indecision In the stock…
One company posted a formula to calculate its employees salaries – How measurable it is?
For most companies we worked with, we were always told that salaries and remunerations are confidential information and should not be shared with other employees in the company. The main reason for this is probably to refrain colleagues from comparing and resenting another’s employees salary, especially if one’s productivity is lower but receives a higher…
My Investing Goal for 2014
As we draws down the rest of the days in 2013, most of us will take this time to reflect back on the things that has happened in 2013 and set a goal for the upcoming new year of 2014. An overlook back of my investing journey in 2013 would see that I started off…
Singapore Pools to take more market share in Singapore
Singapore Pools – Towards Community Purpose and Benefit A couple of weeks ago, the government plans on the possibility of limiting access to online gambling platforms and sites. They quote the reasons as being harmful and people will get addicted easier when betting online than on site. Being a regular in this field, I can…
“Dec 13″ – SG Transactions & Portfolio Update”
No. Counters No. of Lots Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. FraserCenter Point Trust 30 1.75 52,500.00 24.0% 2. SPH 7 4.00 28,000.00 13.0% 3. Vicom 6 4.85 29,100.00 13.0% 4. Ascott Reit 15 1.17 17,550.00 8.0% 5. FraserCommercial Trust 14 1.23 17,220.00 8.0% 6. Neratel 20 0.68…
Recent Actions – ST Engineering X’mas Sale
First warchest for ST Engineering activated and my first X’mas present for the month 🙂 I entered a small position for ST Engineering today at $3.80 after a few days of general continuous decline in the STI market. ST Eng has always been a stock that I’ve always liked due to its defensive nature. I’ve…
How will S-Reits perform in 2014?
With just over less than a month to go, it seems that investors favorite, S-Reits will end up its performance in 2013 in negative territory. To date in 2013, S-Reits have returned -7.7% price return YTD, underperforming the STI ETF by 6.4%. This is in stark contrast to the stellar performance it has given investors…
Ascott Reit – Rights Units Applications
Results of Rights Units Applications for Ascott Reits are as follows: No. of Rights Units % of Rights Issue Valid Acceptances 246,557,766 97.2 Excess Applications 168,453,301 66.4 Total 415,011,067 163.6 From the results, it seems many investors subscribe to the rights allocation they were entitled to. In fact, only 2.8% were available for the excess…