Tuesday, November 5, 2024

Avoid these 4 mistakes when collecting your VEP RFID tag in Paradigm Mall (JB, Malaysia)


 


Wef from 1st Nov 2024, you can collect your VEP RFID tag in Paradigm Mall.


Mistake 1: Do not enter the first parking entrance. Instead, turn right and drive toward the Hotel parking entrance.




Continue drive straight all the way



Turn Left into the Hotel carpark



Drive very slowly. Steep slope from Level 1 to Level 7.
Look like Roller coaster scene right? :p




Mistake 2: DO NOT join the Q first. You need to get your documents verified at the VEP counter.

If you are alone, park your car and walk toward the top left corner of the mall entrance (near Level 7 cinema). 
Recommend to park near the car park gantry if there is a super long Q (especially on weekend), else you will be stuck in the jam trying to drive in and stuck in the jam again trying to drive out to join the Q.
If you have someone else in the car, ask them to walk toward the top left corner of the mall entrance (near Level 7 cinema) to get Q number.





Mistake 3:Did not print out hardcopy of your appointment slip + passport.
They charge RM4 per piece if you did not print out the required documents.


Once they verified your appointment slip, the staff will sign on the appointment slip.
You can go back to your car and join the Q.


When you are the first 2 cars of your line, you need to align and collect your physical VEP RFID tag at the counter on the top right corner. 



One of the staff will help you paste the VEP tag inside your windscreen.


Mistake 4: Do not throw away the serial number slip.
You are to follow the instruction to activate the VEP tag on your own.



Wednesday, June 26, 2024

SOLD: CapitaLand Investment & Added: Link REIT

 



Sold 10,000 shares of CapitaLand Investment (CLI) on 21 Jun at $2.66

Total profit (including dividend) is SGD 2819.94 (11.33%) for 2 months.


Reason for selling:

1) Growth stock 

As mentioned when I bought it on 18 Apr, CLI is a growth stock rather than dividend stock. Thus, wont be holding it for long term. CLI only declare dividend once per year.


2) Daily share buyback but share price going sideway

I agree that CLI is currently undervalue. Thus CLI had been performing "almost" daily share buyback since they announced their financial report. With this daily share buyback activity, share price remain sideway. What if CLI stopped their daily share buyback activity, the share price will _____


3) Use the fund to buy into LINK Reit

Selling off CLI to buy into Link Reit






Added 5,000 shares of Link Reit on 21 Jun at HKD31.85.

This bring my total holding of Link Reit to 8,185 shares.


Reason for buying:

1) 5 yrs low



2) Dividend 8.2%

Link Reit declare dividend twice per year. They offer Scrip options for the last 2 dividends + current dividend (xD 27 Jun 2024). 

I had subscribed to their last 2 scrips and will be doing the same for this upcoming scrip too. The bad thing about their scrip is they do not offer any discount for their scrip price :(


3) PB 0.45


4) "A" mark in report book


  







Related post:

1) Added: CapitaLand Investment (Apr 2024)

2) Added: Link REIT (Jun 2023)

Wednesday, April 24, 2024

Added: CapitaLand Investment (Apr 2024)

 


Added 10,000 shares of CapitaLand Investment (CLI) at $2.48 on 18 Apr 2024.


Reason for buying:

1) 52w low

Trying my luck to queue at $2.48 when the share price was hovering around $2.52 at that time.

Their restructuring launch price was $2.95 on 20 Sep 2021



2) Share buyback in Jan 2024 

CLI did 11 days of share buyback in Jan 2024 alone. 

The share buyback price range between $2.90 to $3.01


3) 12 cents Dividend  

At my buy price of $2.48, 12 cents dividend is 4.8% going XD on 2 May 2024. Although the dividend is nothing to shout out loud, I will treat it as a bonus. Dont think I will be holding this for long term as this is more of a growth stock play rather than dividend play.


4) Doubling their FUM to S$200B in 5 years

CLI have been on asset light approach few years back and have set a new target of S$200B in 5 years time. This will improve their recurring fee. Doubling from $100B to $200B FUM within 5 years is quite aggressive.




5) PB 0.9

Based on their divestment history, CLI always manage to divest their asset at a premium %. This would mean their NAV was conservative. 



Related post:

1) Added: CICT (Sep 2023)

2) Added: CICT (Mar 2023)