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 $.$