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Saturday, 24 September 2016

Alternative Investment X 3

This week received 3 alternative investment offers.

1. JJ Poor to Rich

A friend introduced this to me.  Just invest minimum amount USD 50, maximum USD 1,000.  Do nothing else and get 20% monthly returns and so 100% return of investment capital after just 5 months.  And you could speed up the ROI process by introducing friends/clients and get 5% per person introduced.

In this super low interest environment, is there such a "big toad jumping down the street"?

My friend tried to convince me that it is only USD 1,000, not that I can't afford and it is just 5 months and I could get back everything. And a lot of people joined and earning already.

I told him this is dangerous thinking that the ROI is short and the investment amount is low. The risk could then be escalated if one asks family members to join and thinking that the scheme would not collapse in the short 5 months' time. 

I will not take part in this investment as I just have no idea how long the JJ bunny could keep on drumming...

2. Casino shares in Cambodia

A casual friend offered an opportunity to invest USD 1,500 and get some shares in a Cambodia casino operation.  I do not need to do anything (again) and the small shares will just snowball every month and get larger and larger.

According to him, it is 100% safe and no risk at all.  "You ever see casino goes bankrupted?"

I told him that even the banks will not guarantee 100% my bank deposits and seeing that I am not too interested, he refused to disclose the name of that investment opportunity.   

3Coal mine in Indonesia

I also got a cold call from Black Mineral to invest in a coal mine in Indonesia for a so-called "great opportunity" in this energy thirsty world.

I was in front of my computer then and I googled "MAS Investor Alert List" while talking to the person on the line, and I found the company on the list.

The person said being on the list does not mean that the company has issues or the investment is not safe.  But I said I am a fool if I am to invest in a company on the list.


For recap purposes:

The MAS Investor Alert List 
From time to time, Monetary Authority of Singapore (MAS)  receives information on unregulated persons who have been mistaken as being licensed or authorised by MAS.  Consumers should exercise care when dealing with these persons or with other persons acting on their behalf.  Overseas consumers who receive solicitations by persons who claim to have an operation in Singapore should also exercise care and check if they are in fact dealing with persons who are regulated by MAS.

The MAS Investor Alert List is a list of unregulated persons who, based on information received by MAS, may have been wrongly perceived as being licensed or authorised by MAS.  The list is not exhaustive and will be updated regularly.
 


Link to MAS Investor Alert List

Companies that are in the above list meant that they are not regulated by MAS and the products that they carry are non-regulated products.

Sunday, 11 September 2016

Boring Weekend Musing: The Small Bricks of 2015

A couple of changes in my boring portfolio last week.

In 2015, I started using small bricks (100 shares) when they became available in the market.  My OCBC Tower and Keppel Commercial Tower were built using small bricks. But they were bombed and became leaning towers in the Bear Army attack.

In 2016, I used small bricks for my UOB Tower and these small bricks were much better than the 2015 batch.  Just the very bad timing.  If only they start making small bricks in 2016!

OCBC has stayed red since forever and Keppel Corp was always the worst performer in my stock portfolio.

However, a few stars aligned in the Universe last week and:

- After a mini rally, OCBC finally turned green.

- Keppel Corp has been dethroned. Perhaps weighted down by SMM being kicked out of the STI component index, SCI takes over the title of the Worst Performer.    

Thursday, 1 September 2016

My Stock Portfolio @ end Aug 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
4,000
13.21
7.56
2
Starhub
7,000
11.19
3.66
3
SPH
6,000
9.88
3.77
4
SATS
3,000
6.17
4.71
5
UOB
600
4.72
18.01
6
OCBC Bank
1,238
4.65
8.59
7
Suntec Reit
5,800
4.24
1.675
8
AIMS AMPI Reit
6,800
4.14
1.395
9
SingTel
2,190
3.85
4.02
10
CapitaMall Trust
4,000
3.77
2.16
11
Keppel Corp
1,600
3.62
5.18
12
FCT
3,800
3.59
2.16
13
Starhill Global Reit
8,000
2.81
0.805
14
SPH Reit
6,700
2.81
0.96
15
CapitaLand
2,000
2.68
3.07
16
Keppel DC Reit
4,500
2.40
1.22
17
Sembcorp Ind
1,800
2.14
2.72
18
MapletreeCom
3,000
2.04
1.56
19
ParkwayLife Reit
1,800
1.97
2.50
20
CDL HTrust
3,000
1.82
1.385
21
FCOT
2,800
1.67
1.365
22
SIA Engg
1,000
1.67
3.82
23
Keppel InfraTr
6,000
1.31
0.50
24
ST Engg
800
1.13
3.23
25
Cache Log Tr
2,700
1.08
0.915
26
FE HTrust
2,800
0.73
0.595
27
FCL
900
0.59
1.51
28
Saizen Reit
1,800
0.10
0.129
Movement in my portfolio in August:-
Sold:- Nil
Bought:- MapletreeCom (rights), Starhub, Suntec Reit, Keppel Corp.

Dividends collected in Aug: $2,502.97
2016 avg dividends/month: $1,166.02 [56.9% up at this stage cf. 2015]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Bumper month in August.  New second highest record dividend fruits harvested (highest in May 2016), as 20 from my 28 counters paid dividends.  Looking forward to the day when my monthly dividends exceed $3K.

2. Did not anticipate that I could get all excess shares applied for MapletreeCom.  On hind sight, perhaps I should apply more?

3. Added Starhub to the nearest thousandth. Think Starhub can weather the uncertainties created by the 4th telco and I have sufficient safety margin.  But I will "close shop" on this counter for now and see what happens next?

4. Current worst performing counter: Keppel Corp (23.2% unrealised loss).  Added a little of Keppel Corp.  Hopefully is not throwing good money after bad, but this action did bring down my holding cost for Keppel Corp from $7+ to $6+.

Saturday, 30 July 2016

My Stock Portfolio @ end Jul 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
4,000
13.36
7.53
2
Starhub
6,700
11.65
3.92
3
SPH
6,000
10.06
3.78
4
SATS
3,000
5.82
4.37
5
UOB
600
4.84
18.20
6
OCBC Bank
1,238
4.72
8.60
7
AIMS AMPI Reit
6,800
4.43
1.47
8
SingTel
2,190
4.06
4.18
9
CapitaMall Trust
4,000
3.80
2.14
10
Suntec Reit
4,900
3.63
1.67
11
FCT
3,800
3.61
2.14
12
Keppel Corp
1,400
3.26
5.25
13
SPH Reit
6,700
2.87
0.965
14
Starhill Global
8,000
2.84
0.80
15
CapitaLand
2,000
2.81
3.17
16
Keppel DC Reit
4,500
2.42
1.21
17
Sembcorp Ind
1,800
2.21
2.77
18
ParkwayLife Reit
1,800
2.04
2.55
19
CDL HTrust
3,000
1.96
1.47
20
FCOT
2,800
1.66
1.34
21
SIA Engg
1,000
1.64
3.70
22
Keppel InfraTr
6,000
1.34
0.505
23
MapletreeCom
1,800
1.27
1.585
24
ST Engg
800
1.17
3.29
25
Cache Log Tr
2,700
1.04
0.865
26
FE HTrust
2,800
0.80
0.64
27
FCL
900
0.60
1.515
28
Saizen Reit
1,800
0.08
0.101
Movement in my portfolio in July:-
Sold:- Nil
Bought:- FCL, SPH.

Dividends collected in Jul: $0
2016 avg dividends/month: $975.03 [62.6% up at this stage cf. 2015]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Just when the STI is heading towards 3,000 points, the Swiber liquidation news (later changed to judicial management) hammered the O&G counters as well as the banks.  Perhaps Swiber could be the tip of one huge iceberg that might trigger a great domino effect on the stock market?

2. Big fat "0" dividend in July.  Well, a good rest in July for the dividend harvesting in August.  Set to be the second highest record for me next month (after May this year), as 18 of my 28 holdings are paying dividends in August. I'm all agog for August harvesting.

3. Current worst performing counter: Keppel Corp (25.5% unrealised loss).  Look like a long and harsh winter for Keppel Corp...

Sunday, 24 July 2016

IPO - EC World REIT

EC World REIT is the third REIT IPO in 2016.  Only one Reit (BHG REIT) was listed in 2015.  But in 2016, we are getting into Reit fatigue already, and maybe there are a few more coming.

Both Manulife US Reit (price recovered) and Frasers Log & Ind Tr are doing fine at the moment; and are both above their IPO prices.

I have no luck for both these two earlier IPOs, but I am not interested in this new EC World REIT.  The reasons:

1. China. Hmm..... 
And all the six properties in one single city, Hangzhou, which means high geographical concentration risk.

2. Sponsored by a China-based group
Of course not all China Reits are bad.  Capitaland Retail China Tr and Mapletree GCC Tr are doing fine, but they are managed by Capitaland and Mapletree.  For comparison, BHG Reit, sponsored by a China-based group, is currently trading below it's IPO price.

3. Track Record
Lack of track record for the sponsor Forchn Holdings Group Co., Ltd.

4. Projected Yield of 7.1%
7.1% is not that fantastic and my holdings of AIMSAMPI Reit, Cache Log Trust, Frasers Com Tr and Far East HTrust all have higher yield than that.  DYODD.

I will sit out this IPO despite its listing price below its NAV price.

Friday, 1 July 2016

My Stock Portfolio @ end Jun 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
4,000
13.84
7.62
2
Starhub
6,700
11.53
3.79
3
SPH
5,500
9.87
3.95
4
SATS
3,000
5.60
4.11
5
UOB
600
5.02
18.42
6
OCBC Bank
1,238
4.89
8.69
7
AIMS AMPI Reit
6,800
4.31
1.395
8
SingTel
2,190
4.11
4.13
9
Suntec Reit
4,900
3.94
1.77
10
CapitaMall Trust
4,000
3.87
2.13
11
FCT
3,800
3.68
2.13
12
Keppel Corp
1,400
3.50
5.50
13
Starhill Global
8,000
2.85
0.785
14
SPH Reit
6,700
2.83
0.93
15
CapitaLand
2,000
2.79
3.07
16
Sembcorp Ind
1,800
2.31
2.82
17
Keppel DC Reit
4,500
2.27
1.11
18
ParkwayLife Reit
1,800
1.98
2.42
19
CDL HTrust
3,000
1.92
1.41
20
SIA Engg
1,000
1.67
3.68
21
FCOT
2,800
1.62
1.275
22
Keppel InfraTr
6,000
1.35
0.495
23
MapletreeCom
1,800
1.21
1.48
24
ST Engg
800
1.14
3.15
25
Cache Log Tr
2,700
1.05
0.86
26
FE HTrust
2,800
0.78
0.61
27
Saizen Reit
1,800
0.08
0.098
Movement in my portfolio in June:-
Sold:- Nil
Bought:- Cache Log Tr, SPH, OCBC Bank (DRIP).

Dividends collected in Jun: $451.88
2016 avg dividends/month: $1,137.54 [62.6% up at this stage cf. 2015]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Dropped my glasses as I expected Brexit a non-event.  However, Brexit was no black swan event and just one incident on our investment journey.  One likely outcome is no interest rate hike soon.

2. My total portfolio values declined $3.7K on the Brexit day Friday 24th June.  The market bounced back immediately the following week and my total portfolio values has increased more than $11K just the 4 trading days to end June.  Look like the day to add more stocks was the Brexit day, but I had meeting for that whole day and missed the chance.  Well, stuck in the rat race, so be a good rat and run a good race.

3. Current worst performing counter: Keppel Corp (22.3% unrealised loss).

4. Another barren month coming in July...

Saturday, 4 June 2016

Remebering Noble...

Noble Group was one of my first few purchases from the open market.  Actually I do not remember now the reason why I bought Noble.  Perhaps some hot tips?  But during the days of the 1,000 shares per lot time, Noble was the first counter that I held more than a single lot size.

When I decided to embark on my dividend investment journey, Noble was the first counter that got the cut because of its low dividend payouts.  I exited Noble with some profits when it was still a low $2+ stock.

Not that I am paying particular attention to the stocks that I have in the past, but Noble was always in the news.  Muddy Waters, Iceberg reports and the non-stop procession of bad news keep Noble in the forefront of financial news.

Now the CEO had left and the Chairman is abandoning ship.  And the issue of 1:1 rights at massive discount to the current share price.  This is a sad story of a commodity giant turning into a penny stock.

Well, you win some and you lose some.  I also cut off Raffles Medical which is turning into a big mistake now.....