Tuesday, May 21, 2019

Added: MM2

Bought 90,000 shares of MM2 on 21 May at $0.24 - $0.245.

Reasons for buying MM2:
1) 52w low $0.24
I believe Mr Market had over punished MM2 causing it to drop 50% from 52w high $0.50 to current price of $0.24.

2) US Fed will maintain or lower interest rate % in 2019
Buying of Cathay Cineplex cause MM2 to overleverage. Thus, the interest rate payable pull down the profit amount. With US Fed hint that they will maintain or lower interest rate in 2019, this let MM2 have a bit of breather on their interest rate payment.

3) Gross Profit

4) Target $200,000 portfolio by end of 2019
As mentioned in one of my April post (Link), I want to hit the target of $200,000 for my portfolio. As such, will keep a lookout for those capital gain stock and MM2 is one such stock which I am eyeing on.

Friday, May 17, 2019

SOLD: ParkwayLife REIT

Sold my 7,000 shares of ParkwayLife REIT on 15 May 2019 at $2.87
Total profit, including dividend, of $5,297.15 (31.55%) in 2 years 3 months.
This is my only and last golden goose which i killed (The other golden goose was CapitaMall Trust Link).

Reasons for selling it:
1) Dividend Yield of 5% based on my buy price $2.39 in Feb 2017 (Link).
Getting greedy nowadays. 5% dividend yield did not appeal much to me now =x
2) Paper gain of 20%, mean 4 years of dividend worth. 
Better lock in this profit on the last bull run.

This is a very stable and boring stock, with very predictable result and DPU.

Related post:
1) SOLD: CapitaMall Trust (CMT) - Killed my golden goose
2) SOLD: CapitaRetail China Trust, FIFO: Singtel, BUY: Parkwaylife REIT

Thursday, May 2, 2019

Summary of my portfolio - Apr 2019

Mr CDxD portfolio

No.CountersNo. of Shares
1Keppel Infrastructure Trust45,000
2Parkway Life REIT7,000
4Sasseur REIT90,000

  • Added 45,000 shares of Keppel Infrastructure Trust on 2 Apr at $0.46 (Link)
  • $32.54 of Keppel Infrastructure Trust dividend declared on 15 Apr (0.0723cents/share), payout on 17 May
  • $228.20 of Parkway Life REIT dividend declared on 26 Apr (3.28cents/share), payout on 30 May

Mrs CDxD portfolio

No. of Shares