The results many investors are awaiting for is out finally. As expected, both the public and private tranche were over subscribed by quite a number. At the lower bands, the chances are actually greater than the higher bands by quite a bit, which is why the percentage of total number of…
Category: Uncategorized
Recent Action: Ascendas Reit
I divested my Ascendas Reits at S$2.35 today, after buying them at S$2.17 last month. This is my first capital gain of the month, considering that the market has been volatile recently. Including a dividend of S$0.0355/share (the stock has gone ex-dividend on 22/7), I have locked in gains of around 10% over a period of slightly more…
SPH…OUE…And now Boustead next to venture into REITS
Boustead Singapore is getting ready to venture into the next hottest phenomenon out there….REITS. This news came out after the successful listing of the recent SPH and OUE Reits. Mr. Wong, Chairman and CEO of Boustead Singapore, is determined to press on with the idea of creating a REIT, where he believes will benefit…
“When HE buys, I buy too…”
Should you follow to buy the shares of a particular company if the CEO or Director of the company is buying the company’s shares? The idea that insider trading activity may signal some sort of bullishness may be true. After all, they know well enough about the profits and loss and the direction of the company better…
“Jul 13″ – SG Transactions & Portfolio Update”
Counters No. of Lots Average Price (SGD) Total Value (SGD) based on average price Market Price (SGD) Total Value (SGD) based on market price FraserCT 25 1.87 46,700.00 1.925 48,125.00 SPH 7 4.18 29,310.00 4.29 30,030.00 Vicom 6 4.84 29,060.00 4.77 28,620.00 First Reit 10 0.89 8,900.00 1.205 12,050.00 Ascott Reit 9 1.305 11,745.00 1.33…
Student, 14, gets BMW for junior high graduation
We see more younger and younger generation these days gets spoiled by parents. This is another one of them. “Did you receive a gift after completing your Secondary 2 exams? Even if you did, you would have probably would have been rather grateful with a vacation as a reward. However, Tariq, a 14-year-old who…
Riding on the strengthening of the USD impact on companies
As the news of the tapering of the QE begins to roll out, many investors are cautioned that interest rates may somewhat increase sooner than later. One potential result out of this is the strengthening of the US Dollars, which have been declining since the Fed announces the beginning of the QE in 2010. You may…
Is it possible to hit S$100K on your portfolio by the age of 30?
Today on Sunday Times, there is an article on whether it is possible to hit S$100K on your portfolio by the time you age 30 years old. There have been some intense discussion on FB on whether this is plausible or not, and to most extent external factors such as the age you start working…
Anti-theft lunch box
Are you the type that brings your sandwich or lunchbox to work but afraid it will get stolen? Afraid no more. You may now purchase this anti-theft lunch bag below. Anti-Theft Lunch Bags are zipper bags that have green splotches printed on both sides, making your freshly prepared lunch look spoiled. Don’t let…
Selling off 2 of the conglomerates to accumulate cash
I took the opportunity today to continue taking profit off the table from my 2 holdings – SIA Engineering and ST Engineering on a rare upside day. Both stocks have given me much profits from the moment I bought them almost 2 years ago. I just have a feeling that both stocks will go much…