Saturday, December 31, 2016

Summary of my portfolio - Dec 2016

No.CountersNo. of Shares
1CapitaMall Trust16,500
2CapitaRetail China Trust11,000
3Keppel Corp2,600

Quick summary:
  • No transaction was made in the month of Dec

Total dividend received in 2016 is $2985.45
That work out to be $248.79/month of dividend.

My target is to achieve $2,000/month of dividend from 2037 onward (I will be 50 years old by then).
That work out to be additional $1,000 of dividend I need to add per year to achieve $24,000 by 2037.
Assuming 4% dividend rate, that mean I need to add $4,000 fresh cash per year to my portfolio.
Dividend to achieve                                                                                                         

Thursday, December 1, 2016

Summary of my portfolio - Nov 2016

No. Counters No. of Shares
1 CapitaMall Trust 16,500
2 CapitaRetail China Trust 11,000
3 Keppel Corp 2600
4 Vicom 2000
5 Warchest $10,076

Quick summary:
  • Sold 1,000 shares of DBS at $15.25 on 9th Nov
  • Profit of $256.80 for 1000 shares of DBS for FIFO in 22 days - 1.7% Profit (Read here

  • Sold 20,000 shares of Frasers Centrepoint Ltd on 25th Nov at $1.535 & 28th Nov at $1.53
  • Profit of $835.23 for 20,000 shares of FCL in 47 days - 2.81% Profit (Read here)

  • Bought 11,000 shares of CapitaRetail China Trust @ $1.42 on 10th Nov (Read here)

  • Bought 16,500 shares of CapitaMall Trust @ $1.90 on 28th Nov (Read here)

Wednesday, November 30, 2016

Added: Capitaland Mall Trust

Bought 16,500 shares of CMT on 28th Nov at $1.90
If you had read my post yesterday, you will know that I sold off my 20,000 shares of Frasers Centrepoint Ltd to fund this purchase (Read here)  

I had previously bought CMT at $1.87 in Nov and Dec 2015 (Read here) and sold it at $2.15 on Jun 2016 (Read here). 

Seeing the price drop back to $1.90, so mai tu liao (don't wait any longer), fast hand fast leg go in and buy.

Reasons for buying CMT:
1) PB value at 1 (Although there are many good stocks with PB value below 1, but based on history, CMT rarely have a PB value below 0.9)
2) Div yield at 5.9%
3) Quarterly dividend payout
4) Had been eyeing on CMT ever since I sold it in Jun 2016 (Read here, Read here, Read here
5) Big brothers is buying too - $172k worth of CMT

6) See a similar trend for CMT on the past 3 yrs??
How many times you spot the following conditions:
  • Stock price fell below 1.95
  • Stock price raise above 2.10
(Hint: I had mark it with a green UP arrow)

So here we are, CMT price is below $1.95 again.

To me, as long as CMT is below $2.00, I feel it is a good buy
Between $2.01 to $2.05, buy only if you have spare warchest to deploy or looking for good dividend stock for your portfolio.

Enjoy your retail shopping during this X'mas seasons

Tuesday, November 29, 2016

SOLD: Frasers Centrepoint Ltd

Sold my 8,300 shares of FCL on 25th Nov at $1.535.
The shares was part sold at 5.04pm which give me a scare due to sell price hit.
Luckily, it is not few hundreds shares else I will still need to pay the min comm to the broker.. hehe

Sold the remaining 11,700 shares on 28th Nov at $1.53.
Total profit of $835.23 in 47days (Click here for FCL Buy post)

I still believe FCL shares price will go up to at least $1.56 by Feb 17 due to the $0.062 dividend declared.

So why am I selling it now??

1) My favourite CapitaMall Trust had hit my buy TP (FINALLY!!!)
  • I believe CMT shares price will reach above $2.10 within the next 6 months (Higher potential in profit than FCL)
2) My original buy plan for FCL is purely for its $0.062 dividend.
  • If I were to hold on to FCL till xd in Feb 17, I will received $1,240 as dividend.
  • My profit for selling off now: $835.23
  • CMT will also declare a potential $0.02 dividend and xd in Jan 17, which work out to be potential of $330 dividend for my 16,500 CMT shares 
  • A diff of only $74.77 for 3 months more

Thus I sold off FCL and use the funds to purchase CMT (Read here).

FCL still remain in my watchlist.
Should FCL share price drop while CMT share price raise up before Jan 17, I might sell off CMT and buy back FCL. This must wait for the right moment aka the sun moon earth to be align in 1 line

Thursday, November 10, 2016

Added: CapitaRetail China Trust

Bought 11,000 shares of CRCT today at $1.42

I had previously bought CRCT at $1.42 on 8th Mar 2016 and sold it at $1.60 on 28th Sep 2016 (Link). 

Seeing the price drop back to $1.42, so mai tu liao (don't wait any longer), fast hand fast leg go in and buy.

Reasons for buying CRCT:
1) Trading at a discount of 10% (PB 0.90)
2) Div yield at 7.4%
3) A potential dividend declare & XD of $0.05 in Feb 17
4) Eyeing on CapitaMall Trust & Frasers Centrepoint Trust for the longest possible but it is no where near my TP of $1.90
5) Seeing the success of CMT in Singapore, CRCT will more or less have the same great successful strategy and mall management skillset passed down to them
6) 5 out of 7 Directors opt for the Distribution Reinvestment Plan which issues them shares instead of cash as their dividends
7) 3Q 2016 Rental Reversion 4.8%, YTD 2016 Rental Reversion 5.6%
8) Completed acquisition of Galleria, which will boost portfolio's performance from 1st Oct 16

1 negative point to note for CRCT is higher property tax impose by local tax authority wef 1st Jul 2016 will impact and reduce its profit :(

Wednesday, November 9, 2016


Sold my 1,000 shares of DBS on 8th Nov at $15.25.

Profit of $256.80 coffee money in 22days :D
This is my 2nd FIFO for DBS shares.
Sold it yesterday due to US Election with fear that Trump will win (In the end, he really won and stock market is in RED RED RED now)

Hopefully the stock market wont be in shock for too long and recovery itself quickly by next week *finger cross*

Sunday, October 30, 2016

Summary of my portfolio - Oct 2016

No. Counters No. of Shares
1 DBS 1,000
2 Frasers Centrepoint Ltd 20,000
3 Keppel Corp 2600
4 Vicom 2000
5 Warchest $11,473

Quick Summary:
  • Bought 20,000 shares of Frasers Centrepoint Ltd (FCL) @ $1.48 on 12th Oct
  • Bought 1,000 shares of DBS @ $14.89 on 17th Oct
    • $12,000 funded from ext source, balance of $2940.98 from Warchest

Sunday, October 23, 2016

Dividend or FIFO?

Dividend or Fast In Fast Out (FIFO)?

I started my first blog post in May 2016 and the strategy I used was Power of Dividend (Click here for my first post).

We are reaching end of 2016 soon, my total dividend collected in 2016 is $2,985.45.
I am not expecting to have any new dividend coming in for the rest of this year.
That work out to be $248.79/month of dividend.
My target is to achieve $2,000/month of dividend from 2037 onward.

Recently, I did a few FIFO and realize that this might be a faster strategy to increase my investment portfolio size compare to dividend (Of cos, I will need to put in more effort as compare to doing nothing and just collect dividend).

The most recent of my FIFO, which I have not blogged it yet, was added 1,000 shares of DBS at $14.89 on 17th Oct. 
Am happy to also see that my Frasers Cpt Limited is $700 in green now in 11 days.
But I am not selling it anytime soon as I am waiting for FCL Full year result release on 9th Nov where a potential dividend declare of $0.062 should push the stock price higher up even more.

The main point was it took me 1 year to receive close to $3000 as compare to FIFO where I am able to profit $800+ in 11 days. I could realize this profit and strengthen my portfolio amount to roll it into bigger amount faster. Of cause the flip side of the story can also be I paper loss $800+ in 11 days. But I don't think it will give me any issue as beside being able to FIFO, before I choose to add that particular stock, I will also consider the stock dividend payout if I am being force to hold long term if the stock price fell below my cost price as a safety net.

Rafflesian, an HWZ forum member, had been FIFO where his realized profit each time can range from 2 digits to 5 digits (All thanks to his huge capital he had) - Link
I am both envy & jealous at the same time.

So for now, I guess I will be more of a FIFO-er than a dividend-er.
However, ultimately, I should be a pure dividend-er when I started to retire in 2037 as I need to generate passive income and I need my money to auto work hard for me when I am sleeping. LOL!!

Sunday, October 16, 2016

1 sentence everyone is trying to achieve

Saw this sentence online and would like to share it with everyone.
At first, this seem to be a very simple sentence.
But after you re-read it the second time onward, this sentence is very deep in meaning.

To sum up, FINANCIAL FREEDOM is the only true freedom.
This wont be an easy path.
This will be a long path.

Let cheer for each other & Jiayou!!!!!!

Wednesday, October 12, 2016

Added: Frasers Centrepoint Ltd

I had been Q-ing Frasers Centrepoint Ltd for nearly 2 weeks at $1.485 and I finally got it at $1.48 today. So happy for getting it $0.005 lower than my nearly 2 weeks Q price all thanks to Singtel.

You must be thinking, why so happy for saving a mere $0.005/shares.

It is because I purchased 20,000 shares of Frasers Centrepoint Ltd. This $0.005/shares saved me S$100 in total :D

When I saw Singtel dropped to around $3.88 yesterday afternoon, I quickly login to my POEMS account and withdraw my FCL bid. Waited and waited, luckily, the Singtel Q price of $3.88 did not get executed by the end of trading day yesterday. Today, the close price of Singtel is at $3.83 (Paper loss of $0.05 per share or $385 in total if it get executed yesterday).

Reasons for buying FCL:
1) Trading at a discount of 32% (PB 0.68)
2) Div yield at 5.8%
3) A potential dividend declare of $0.062 in Nov 16 & XD in Feb 17
4) Eyeing on Frasers Centrepoint Trust for the longest possible but it is no where near my TP of $1.90
5) FCL is trading near 52w low ($1.47)
6) AUD : SGD is trading near to 1:1 since 2015. Thus, when the AUD shot back up to 0.9 or 0.8AUD : 1SGD, the result will look very good for FCL
7) Cooling measure had been in place for many years. Expect to start to unwind very slowly for the next few years to come
8) This is a property stock. We all are aware the direction of property price in the long run :)
9) Renvo in Centrepoint shopping mall had completed (nearly completed). Rental should start to come in
10) Hoping to see Waterway point transfer to Frasers Centrepoint Trust in next few years
10) North Park Residences should completed in 2019

Wednesday, October 5, 2016

Summary of my portfolio - Sep 2016

No. Counters No. of Shares
1 Keppel Corp 2600
2 Vicom 2000
3 Warchest $44,115

Quick Summary:
  • Received $47.88 dividend for my 900 CapitaRetail China Trust  shares on 20th Sep
  • Sold 900 shares of CapitaRetail China Trust @ $1.60 on 28th Sep
  • Total Profit including dividend is $187.32 for 900 shares of CapitaRetail China Trust (14.5% Profit) 

  • Bought 4900 shares of M1 @ $2.35 on 27th Sep
  • Sold 4900 shares of M1 @ $2.41 on 30th Sep
  • Profit of $214.14 for 4900 shares of M1 for FIFO in 3 days

  • Sold 1600 shares of DBS @ $15.38 on 29th Sep
  • Received $480 as dividend on 29th Sep
  • Total Profit including dividend is $793.13 for 1600 shares of DBS for FIFO in 59days (Purchase 2nd Aug 16 & Sell on 29th Sep 16) (3.28% Profit)

I thought Sep will be a quiet month for me without much transaction.
In the end, its a Profit taking month for me $.$

Sunday, September 4, 2016

Summary of my portfolio - Aug 2016

No. Counters No. of Shares
1 CapitaRetail China Trust 900
2 DBS  1600
3 Keppel Corp 2600
4 Vicom 2000
5 Warchest $16,940

Quick Summary:
  • Added 1600 shares of DBS @ $15.08 on 2nd Aug - Read Here
  • Sold 2700 shares of Vicom @ $5.83 on 11th Aug - Read Here
  • Profit of $112.93 for 2700 shares of Vicom for FIFO in 43days (Purchase 30th Jun 16 & Sell on 11th Aug 16)
  • Received $160 dividend for my balance 2000 Vicom shares on 25th Aug

DBS declared 30cents of dividend on 8th Aug.
So I have upcoming $480 of dividend from DBS.
Received the DBS Scrip letter which shows that I am entitled to 33 shares if I were to choose to take scrip (Scrip price at $14.81/shares).

Tempted to take the scrip.
DBS shareholders, what is your choice - Cash or Scrip?

Sunday, August 14, 2016

Lesson learnt when FIFO on Vicom Limited

Vicom announced its Q2 result on 10 Aug 2016.
The result was announced after market closed and the share price closed at $5.91.
As expected, revenue dropped.
Unexpected is dividend also dropped.

I had added 2,700 shares of Vicom @ $5.75 in 30th Jun for FIFO purposes - Read here
Given that a lower dividend ($0.08) was declared, I am thinking the share price might drop when market open tomorrow.
Therefore, I went to place a sell order of 2,700 shares @ $5.88 (Target profit $0.13 instead of the dividend $0.08).

On 11 Aug morning, only 300 shares was done @ $5.88, pending 2,400 shares to be sold. I forgotten that Vicom usual daily volume was not high in the first place. Therefore I started to panic as I do not want to pay nearly $30 for the broker fees just for 300 shares. I went in to adjust my sell price 2 times in order to ensure all my 2,700 shares can be done by today. In the end, my average sell price was $5.83 (Profit $0.08/shares) and I accounted for 1/4 of the total Vicom volume for that day.

To FIFO, one have to note on the daily volume too.

Lesson learnt.

Saturday, August 6, 2016

Pokemon Go is live in Singapore... Cheat code to catch Pikachu as your first pokemon

Singapore, are you ready to CATCH THEM ALL??

When you first launch your game, you will see Squirtle, Bulbasaur & Charmander in front of you.

If you prefer Pikachu, just walk away...

Squirtle, Bulbasaur & Charmander will spring out in front of you again and again and again until
you walked for around 6mins before Piakchu will appear (At the 4th spring out).

Enjoy your Pokémon GO and look out for your safety while playing!!

Tuesday, August 2, 2016

Added: DBS

Added 1600 shares of DBS today at $15.08.
Thats almost empty out my warchest.

Buying of DBS today is for FIFO (Fast In Fast Out), not for holding long term.

Reasons for buying:
1) DBS will be announcing Q2 result on 8th Aug. Expecting 30-32cents of dividend
2) DBS PB at 0.90 only (OCBC PB at 1.00 while UOB PB at 0.93)
3) DBS was at $16 range between 15th - 27th Jul.
4) Price had drop around 6+% from 27th Jul to today.
5) Comfortable at low $15 price range since DBS CEO purchase their shares at $13.88 this year.
6) If price continue to fall further, will just hold this and wait for rebounce as DBS is a solid blue chip too.

Monday, August 1, 2016

Summary of my portfolio - July 2016

No. Counters No. of Shares
1 CapitaRetail China Trust 900
2 Keppel Corp 2600
3 Vicom 4700
4 Warchest $25,300

Quick Summary:
  • I had sold off my 4000 shares of M1 @ $2.88 on 12th Jul
  • Lost 12.96% (including dividend) since I vested in Apr 15
  • Expecting to buy back at target price of $2.45 again
  • Sold it because of this - Read Here 
  • I had also sold off 11900 shares of Ascott REIT @ $1.16 on 22nd Jul
  • Sold it because of this - Read Here
  • I had added a new counter call Warchest. LOL..

Vicom will be releasing its 2nd Qtr result before mid Aug.
Looking forward to it as I just added 2700 shares in June :)