If you have been following my blog for quite a while, you would know that I spend a whole load of money on dining in general and they can add up quite a bit at the end of the month. On average, I usually spend about $100-$150/week on weekends just on dining alone. Add those groceries…
Recent Action – OUE Limited
I am pretty sure that I am going to receive quite a bit of backlash after this post following some unsightly comments from the hardwarezone forum for my decision to divest AHT two weeks ago. Regardless, I will try to be as transparent as possible and hope readers do their own diligence before deciding to…
AGM – Fraser Commercial Trust (FCOT)
It’s been quite a while since I’ve last been to AGM which I think was for FCT last year during around the same time. The venue was the same at Alexandra Point which seemed very familiar to me by now. The AGM started at 10am in the morning, and I made my way slowly there…
“Jan 15″ – SG Transactions & Portfolio Update”
No. Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. FraserCenter Point Trust 30,000 2.01 60,300.00 21.0% 2. China Merchant Pacific 47,000 0.98 46,060.00 16.0% 3. SembCorp Ind 9,000 4.19 37,710.00 13.0% 4. Vicom 6,000 6.30 37,800.00 13.0% 5. Ascott Reit 15,000 1.29 19,350.00 7.0% 6. Mapletree…
5 Books purchased from Amazon
In one of my resolutions for this year, I have plans to read at least 12 books in a year which translate into a book a month. Over this weekend, I went to the Amazon to make my first step into purchasing these books and these are books with great reviews recommended by either friends…
My BOLD crystal ball prediction for Ascott Reits
I am vested with 15 lots of Ascott Reits since my last participation in their Rights Issue which they raised back in Nov 2013. If you are interested, you can view them here and here. Before that in Jan 2013, they have raised another private placement which you can view them here. I don’t…
Recent Action – Ascendas Hospitality Trust
In the beginning of the year, I have always wanted to review and reduce the holdings in my portfolio which is now currently at 13 companies. My intention is to identify the weak performers, flush them out and concentrate on those with quality fundamentals because it doesn’t seem justifiable to spend the time and effort to monitor them. Ascendas Hospitality…
Is 2nd Chance at $0.38 an opportunistic buy at this time?
2nd Chance is one of those stocks I used to own in the past because of the steady dividends they pay but have since divested them at around $0.455. They have given me quite a good appreciation and dividends over the past couple of years, so I must say it’s definitely good investment return for…
Relooking underneath behind the ratio for REITS
Real Estate Investment Trust (REIT) is one of the most popular investment tools for investors looking for stable income distribution. In a typical REIT structure, money is raised from unitholders through an IPO at the initial stage and is used by the company to purchase a pool of real estate properties. These properties are then…
Maintenance vs Growth Capex
Following up on my previous valuation post on Sembcorp Industries, some readers have expressed their concerns regarding the much lower intrinsic value I have estimated for SCI using the DCF valuation model as compared to the other analysts’ estimates, who were mostly targetting the stock at $5+ to $6. In the previous post, I mentioned that one of…