Monday, December 12, 2022

CircleDNA review (Home Kit DNA Test)


What is Circle DNA?

Circle DNA empower individuals with valuable health insights to live healthier and happier lives. We give everyone the power to be in control of their own health.

Why am I interested in Circle DNA?

I got to know about Circle DNA via Channel New Asia (CNA) Talking Point - S1E17: DNA Test Kits: Are They Worth My Money?

I am interested to gain insight about my DNA in order for me to take preventive steps instead of reactive, so that to have a healthy life.

Lucky to get the Circle Premium set during pre Black Friday sales at SGD350 (Usual SGD899).


Receive the test kit via FedEx delivery

Premium Kit have the most comprehensive reports

Good user experience to know this DNA kit have a safety seal

Love letter from CEO & CO-Founder

Need to download the Circle apps. They have DNA kit for dog too 

COVID had trained us to be pro in using Swab. For Circle DNA, they requested to swab against your cheek.

Instruction provided are clear and easy to follow. Done collected my DNA :)

Ready to be send back

Circle DNA did include a return FedEx envelope for you to ship your DNA back to Hong Kong.

One unpleasant experience is scheduling for FedEx pickup. As I called in at around 10+pm, I was put on call queue for more than 30mins and nobody picked up my call :(
I gave up waiting and when I try called back the next day 8+am, my call was picked up within 10 secs and FedEx is able to come to collect on the same day itself.

Waiting for my results since my test kit was picked up on 24 Nov 2022.

Circle DNA url: 

Friday, December 2, 2022

Added: AIMS APAC REIT (Dec 2022)


Added 12,500 shares of AIMS APAC REIT at $1.21 on 1 Dec 2022.

Reason for buying:

1) Dividend 7.9% with quarterly payout

2) PB 0.86

NAV $1.40 as of 31 Sep 2022

3) Average portfolio reversion rate at 8.1% for 1H FY2023

Very impressive reversion rate at 8.1% for 1H FY2023!!!

It was 6.2% for 2Q FY2023

Related post:

1) SOLD: AIMS APAC REIT (May 2021)

2) Added: AIMS APAC REIT (Nov 2020)


4) Added: AIMS APAC REIT (Mar 2020)

5) SOLD: AIMS APAC REIT (Feb 2020)

6) Added: AIMS APAC REIT (Oct 2019)

7) SOLD: AIMS AMP Capital Industrial (Feb 2018)

8) ADDED: AIMS AMP Capital Industrial (Jan 2018)

Wednesday, November 9, 2022

Added: Frasers Centrepoint Trust (Nov 2022)


Bought 7,000 shares of Frasers Centrepoint Trust (FCT) at $1.94 on 8 Nov.

This bring my total number of FCT shares to 36,800

Reason for buying:

1) PB 0.83

NAV as of 30 Sep is $2.33

2) 6.3% div

Given Singapore Saving Bond (SSB) risk free reaches 3.47% (Avg return over 10 years), I agreed that 6.3% div yield is not consider high. 

However, we need to take into consideration of the PB & Frasers branding too. 

If we are looking for 7% div, the price for FCT need to be at $1.74, which translate to PB0.75.

I wont say it is impossible to reach this price target, but it will be hard unless FED continue to hike at  0.75% or higher for next few months OR rights issues.

By then, 7% doesn't look attractive anymore too.

3) Retail Sales exceeded pre-Covid level

4) With higher Sales trend, higher rental will auto follow

5) 71% of borrowing hedged to fixed rate & debt avg interest rate at 2.5%

Risk 1) Rights issues if part of Mercatus assets goes into FCT 

As of 26 Oct, it seem only Frasers Property & Link REIT are battling for the Mercatus assets.

This will be a short term pain to FCT shares price but I will be happy if Frasers Property / FCT can won this Mercatus assets.

Risk 2) FED continue to hike interest rate


Related post:

1) Frasers Centrepoint Trust (FCT) AGM 2022

2) Added: Frasers Centrepoint Trust (Jan 2022)

3) Added: Frasers Centrepoint Trust (Sep 2021)

Tuesday, July 19, 2022

Mapletree Industrial Trust (MIT) AGM 2022


Mapletree Industrial Trust (MIT) held their AGM on 19 July 2022 at 2.30pm and it ended around 4pm.

Shareholders questions were answered before the actual AGM. You can view MIT responses here.

For the AGM slide, you can view them here.

During the AGM, they highlight their achievement for 2021 (Above) and ESG (Below).

CFO Lily Ler had spent a few minutes on this slide to explain about how the increase in interest rate will affect MIT.

If interest rate increase by 50bps, there will be a decrease of 0.13cents DPU per annual.

At this moment, MIT had a hedge ratio of 70.5%. 

CFO also share why MIT did not go into 100% hedge.

     1) No room to maneuver when MIT have the opportunity for lower rate. Eg: Divestment cash                     proceed can be use to pay down the loans.

     2) Hedging come with a cost and at this moment, it is at its highest which will affect DPU                             immediately if were to convert from unhedged to hedged now.

Key and largest acquisition in 2021


For the live Q&A session, all questions were answered by either Chairman Wong Meng Meng or/and  CEO Tham Kuo Wei except for 1 question which is by CFO Lily Ler.

Some of the questions are:

1) DPU went up by 10% (good job done). Is this 'one off' achievement?

CEO Tham Kuo Wei shared that 10% is rare and wont happen for every year given the size of MIT. 

2) With the listing of Digital Core REIT in SGX by Digital Realty, how does it impact MIT?

Chairman Wong Meng Meng shared that US market is huge, there are more than 1 seller. If opportunity is right, even rivals will want to collaborate with us. Business is Business.

After hearing how Chairman Wong Meng Meng & CEO Tham Kuo Wei response to the live Q&A, I remain confidence in MIT (MIT is currently my largest in term of market value in my portfolio with 26,300 shares). 

I do not feel both of them trying to sugar coat their responses and was sharing their responses honestly and frankly. CEO Tham Kuo Wei, in a few attempt during his responses, provided his answer based on 2 different perspective. Furthermore, I am surprise by the technical knowledge he use when answering 1 of the question (I am working in IT industry). 

No surprises on the AGM resolution voting.

Related post:

1) Added: Mapletree Industrial Trust (Jan 2022)

2) My thoughts on MCT (Ketchup) x MNACT (Chili) = MPACT (Nacho cheese)

3) Keppel DC REIT AGM 2022

4) Frasers Centrepoint Trust (FCT) AGM 2022

5) ComfortDelGro AGM 2021

6) First REIT AGM 2020

7) MM2 AGM 2019

8) Perennial AGM 2019 

Monday, May 30, 2022

Summary of my portfolio - Mar ~ May 2022

 Mr CDxD portfolio

No.CountersNo. of Shares
1Frasers Centrepoint29,800
2Keppel DC Reit17,500
4Mapletree Industrial Trust26,290

  • $612.50 of Keppel DC Reit dividend payout on 10 Mar (3.5cents per share)
  • $735 of Mapletree Industrial Trust dividend payout on 15 Mar (3.5cents per share). I opt for 100% script dividend ($2.5058 per share) which added 290 shares. This bump up my MIT shares to 21,290
  • $1,534 of Frasers Centrepoint Trust dividend declared on 27 Apr (6.136 cents per share). Payout on 30 May
  • $743.02 of Mapletree Industrial Trust dividend declared on 27 May (3.49cents per share). Payout on 15 June. I only opt for 10 shares of script dividend ($2.5530 per share) this time round as market price is lower and to round up in order not to have odd lots
  • Bought 5,000 shares of Mapletree Industrial Trust at $2.43 on 20 May. This bump up my MIT shares to 26,290 (Will become 26,300 shares once script dividend payout on 15 Jun)
  • $336 of Comfortdelgro dividend payout on 27 May 2022 (2.1cents per share).
  • $1,534 of Frasers Centrepoint Trust dividend payout on 30 May (6.136 cents per share)

Thursday, April 21, 2022

Keppel DC REIT AGM 2022


Keppel DC REIT held their AGM on 20 April 2022 at 3pm and it ended around 3.40pm.

Shareholders questions were answered before the actual AGM. You can view KDC responses here.

For the AGM slide, you can view them here.

During the AGM, they highlight their achievement for 2021 (Above) and what is their competitive advantage (Below).

For the live Q&A session, there are less than 5 questions posted and all questions were answered by Anthea Lee.

The questions are about what is the impact to KDC related to increase in carbon tax & higher electricity rate.

Anthea mention Master Lease subscribe their electricity themselves and Co-location will be passthrough. She also added that KDC is part of Keppel Group, which have the expertise from Keppel Infrastructure Trust, to explore greener and newer technology to tackle on this area.

No surprises on the AGM resolution voting.

Related post:

1) Added: Keppel DC Reit 

2) Frasers Centrepoint Trust (FCT) AGM 2022

3) ComfortDelGro AGM 2021

4) First REIT AGM 2020

5) MM2 AGM 2019

6) Perennial AGM 2019 

Saturday, March 26, 2022

Review: Secret Lab Titan Evo 2022 vs ErgoTune Supreme chair


Secret Lab Titan Evo 2022 S$649 vs ErgoTune Supreme chair S$599
Which is a better buy???

Based on the front and side view, you should be able to spot that Secret Lab Titan Evo 2022 (Regular) is bigger in size compare to ErgoTune Supreme.

Secret Lab Titan Evo 2022 (Regular) recommend for 170-189cm and weight less than 100kg while
ErgoTune Supreme recommend for 150-180cm and weight less than 130kg, despite the chair is smaller in size.

Secret Lab Titan Evo 2022 offer 5 years extended warranty while ErgoTune Supreme offer 12 years extended warranty if you post a photo of their chair in our social media account.

Secret Lab logo can be spotted in the front and back of the chair and its is big and loud while ErgoTune logo is not visible from backview.

Due to the different in material and the shape, you wont be able to feel any wind coming from the back when seated in Secret Lab chair. If you sweat easily or plan to sit in non-aircon environment, ErgoTune chair will be a better option.

I prefer the headrest of ErgoTune Supreme as it is more comfortable. Guess the 4 axes of adjustments feature really work :)

Secret Lab headrest is using magnetic to stay in position. Appearance wise, you don't see the ugly strap for headrest and can adjust the position more freely. Material wise, it is memory foam pillow with cooling gel. If you had tried / using memory foam pillow on your bed, then you might feel comfortable with this.

Secret Lab lumbar knob definitely look premium compare to ErgoTune knob which look basic (cheapo for the chair price). It is good that for both chair, you can adjust to best suit your spine. So comfort wise, both are on par

Secret Lab gas hydraulics look nicer too as Ergotune gas hydraulics look very common and normal to all other brands. It seem Ergotune gas hydraulics is using a better quality since it can support up to 130kg while Secret Lab can support up to 100kg only (Unless you purchase their XL size chair).

Secret Lab had upgraded their 2022 version of armrest to be swappable. As it is using magnetic, thus can swap it out within seconds whereas Ergotune using traditional screws. 

Comfort wise, both chair armrest feel similar. 

Secret Lab look definitely is more premium once again compare to very traditional look in ErgoTune.

As Ergotune seatbase is open, regular wipe is required else dust will accumulate inside the seatbase very soon.

The wheelbase of SecretLab (Above) is shorter at 31cm and thicker vs ErgoTune (bottom) which is longer at 32cm but thinner. 

Once of the most common complain about Secret Lab chair is the leather skin will peel after 1yr+ of usage. This is super annoying as the chair is not cheap too considering the price. It is good that Secret Lab now offer 5 yrs peel protection guarantee for a better peace of mind. 

Whereas for ErgoTune DuraWeave, they mention it is built to maintain it's shape even after years.

Well, it is too early to tell for both brands and we will know in few years time.

One thing which I like about Secret Lab is they have this trade in program. Although the trade in amount is not high, but I feel it is a reasonable trade in value. New features will keep coming out and improve on the chair comfort level, thus we would also like to buy a new chairs after years of usage. This trade in program also save time and effort to sell off existing chair in Carousell. 

I dont think ErgoTune have any trade in program for their chair at this moment.

In term of comfort level, both chair are quite on par.
In term of appearance, Secret Lab do give a premium look compare to ErgoTune.
Since the price point of both chair are close (Secret Lab Titan Evo 2022 S$649 vs ErgoTune Supreme chair S$599), the decision factor of which chair to buy will depend on the environment.

If I am using in aircon environment, I will go with Secret Lab Titan Evo 2022 S$649.
If I am using in non-aircon environment, I will go with ErgoTune Supreme chair S$599.

Sunday, March 20, 2022

Unboxing: Secret Labs Titan Evo 2022 vs ErgoTune Supreme chair

Both Secret Lab and Ergotune cost additional S$29 if you opt for their assembly services.

In term of number of steps require to assembly your chair, Secret Lab required 15 while Ergotune just need 6.

Although Secret Lab required more steps than Ergotune during assembly, the instructions clarity is very detailed unlike Ergotune where I will get stuck in some steps still.

I took roughly 30 mins to setup my Secret Lab chair vs 25 mins to setup my Ergotune chair. 

Secret Lab chair is bigger and heavier than Ergotune, thus based on 1 man effort, Ergotune is easier. As Secret Lab also uses higher quality and thicker packaging material, that contribute to the strength required too.

I did blog about regret not paying $29 for Secret lab assembly service here. I dont require for Ergotune assembly service if you ask me.

In term of eye candy, I think Secret Lab won hand down as Ergotune is having a simple and plain box look.

Beside the outer box look, Secret Lab also have a better look and feel when first open the box.

Secret Lab really put alot of effort and thoughts in their packaging. 

The carton box is thick and heavy, which I believe their 5 feet drop test is genuine while Ergotune is using those normal carton box which you usually received.

Secret Lab wrap their part items in thick, clear, see through plastic while Ergotune use those cheap and thin wrap.

Secret Lab tools box are packaged elegant (cost $25 kind) while Ergotune pack it as those you are buying it in your neighbour hardware store (cost $1 kind).

Not sure why Ergotune nail screw have blue dye on them too. 

I am quite surprise that Ergotune won this user manual category to be honest. 

The colour Ergotune used and beside on the usual product guide, Ergotune even add in a guide regard to correct sitting posture which added value to their customer.

Secret Lab won 4 vs 3 Ergotune in my unboxing 8 categories (1 of the category is a tie).

I will write another review on the comfort, design and build experience after using it for next few days.

Stay tune ;) 

Update: Review: Secret Lab Titan Evo 2022 vs ErgoTune Supreme chair

Related post: