A Singaporean Stockmarket Investor (ASSI)

Saizen REIT: To buy or not to buy?

2012-05-23T22:43:00.002+08:00

Regular readers would know my whole story with Saizen REIT. I remain invested in the REIT for various reasons which I believe are still valid. This blog post is to answer a question which I have received from readers, friends and family alike. Is...

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AIMS AMP Capital Industrial REIT: Scrip Dividend.

2012-05-20T12:31:00.000+08:00

I have yet to participate in any distribution reinvestment plans. I like to buy more units or shares at prices I deem fair or undervalued. Now, this is probably a subjective exercise but I like the fact that I have control over the purchase...

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Charts: China Minzhong, Wilmar, Yongnam, Sabana REIT, AIMS AMP Capital Industrial REIT.

2012-05-18T20:12:00.000+08:00

I have a friend who told me that he wants to buy more of China Minzhong at 50c. Why 50c? He can't quite say. Anyway, at 50c, I would have lost almost half of my initial investment in the company... What does the chart say? Momentum is definitely...

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Win an adventure of a lifetime with 100 Plus!

2012-05-17T20:44:00.000+08:00

You might win an adventure of a lifetime on the OZ Adrenaline trip for 2 to Cairns, Australia, worth S$10,000 because you live to outdo the everyday, to make every minute count! Find out how here in: Outdo The Everyday!

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Old Chang Kee: Holey curry puff.

2012-05-14T15:00:00.001+08:00

Asked my colleague to help me buy a curry puff from Old Chang Kee earlier as I didn't want to leave the office. Weather is too warm! No, I didn't take a bite before I took these photos. You can tell that the exposed egg white and potato chunks...

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Wilmar: Settling dust?

2012-05-13T14:22:00.001+08:00

Bollinger bands are very popular in TA. Upper band acts as resistance and lower band acts as support. Look at Wilmar's daily chart, we see that price has pushed past the lower band. This gives us a very bearish picture. Support is weak. It also...

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Saizen REIT: Acquisitions to increase DPU.

2012-05-10T22:07:00.000+08:00

To me, there are only a few important points to note in the REIT's latest presentation: 1. Management is on an acquisition path as this is probably the only way to increase DPU as it seems difficult to bump up occupancy of existing portfolio....

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NOL: Bleeding badly.

2012-05-10T13:21:00.000+08:00

On 2 February, I cut losses on NOL as its share price rebounded believing that "shipping industry will face a chronic situation of oversupply and weakening demand this year and possibly the next." Blow-out 1Q12 Net loss. Neptune Orient Lines...

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Wilmar: Mr. Market reacts to weaker earnings.

2012-05-10T11:00:00.000+08:00

Wilmar's net profit for 1Q 2012 tumbled 34%, year on year. Mr. Market is showing his displeasure in the usual way. Let us draw some Fibo lines. I am using the high of 15 February at $6.05 and the low of 9 April at $4.76. I am doing this in my...

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Should have sold in May and gone away?

2012-05-07T21:17:00.001+08:00

In The Straits Times and The Business Times today, there are at least three articles which mentioned "sell in May and go away" and whether it holds any water. Has anyone sold a large part or all of their investments in the last few trading...

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Marvel's The Avengers!

2012-05-03T23:28:00.005+08:00

I wanna watch this! Marvel Studios presents “Marvel’s The Avengers”—the Super Hero team up of a lifetime, featuring iconic Marvel Super Heroes Iron Man, The Incredible Hulk, Thor, Captain America, Hawkeye and Black Widow. When an unexpected...

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Win over S$30,000 worth of cash and prizes with BRAND’S®

2012-05-01T08:15:00.002+08:00

The theme for BRAND’S® Essence of Chicken’s 2012 Campaign is “Stay Switched On, Stay Open to Opportunities” which is charmingly relatable to consumers who may not have been paying attention to the little clues that caused them to miss out on one...

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LMIR: 1Q 2012 DPU 0.69c.

2012-04-30T11:22:00.001+08:00

I remember saying that LMIR was too cheap to sell in December last year. It was trading at 36.5c a unit then. I also remember saying that unitholders should be more patient after the rights issue because the REIT's DPU would bump up in time. The...

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Volkswagen Centre Singapore

2012-04-26T22:30:00.001+08:00

Volkswagen Singapore is opening a 2nd dealership with full showroom and aftersales facilities at Macpherson to serve customers better. Join in the opening celebrations at Volkswagen Centre Singapore (MacPherson) with food, fun activities,...

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Suntec REIT: Q1 2012 DPU 2.453c.

2012-04-24T22:50:00.001+08:00

I still retain a small position in Suntec REIT at a cost price of about S$1.00 a unit which I purchased towards the tail end of the last financial crisis. This small position is free of cost, actually, since the gain from selling most of my...

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Sabana REIT: 1Q 2012 DPU 2.26c.

2012-04-21T21:30:00.000+08:00

The REIT's yield accretive purchases of five properties last year has helped to push DPU to 2.26c for 1Q 2012. Annualised, this would give us a DPU of 9.04c. Based on the REIT's last closing price of 97.5 per unit, we are still looking at a...

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First REIT: 1Q 2012 DPU 1.93c and a higher fair value?

2012-04-21T10:56:00.000+08:00

First REIT has declared a DPU of 1.93c. The unit price of First REIT has been rising steadily. It is clear that Mr. Market is willing to pay a gradually higher price for the REIT's units which leads me to wonder if we could see First REIT's...

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SPH: Interim dividend of 7c per share.

2012-04-21T09:29:00.000+08:00

SPH remains my largest investment in a blue chip. Over the years, it has been very good to me. Last year, I had hoped to buy more SPH shares if price should dip to $3.60 a piece but it never did. Clementi Mall. Singapore Press Holdings’ (SPH)...

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AIMS AMP Capital Industrial REIT: 4Q FY2012.

2012-04-20T13:02:00.001+08:00

AIMS AMP Capital Industrial REIT has declared a DPU of 2.7c for 4Q FY2012. Total DPU for FY2012 is, therefore, 10.45c. At the last session's closing price of $1.185 a unit, this means a distribution yield of about 8.82%. The REIT goes XD on 2 May...

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FCOT: DPU up 16.8% in the last 18 months.

2012-04-20T10:56:00.000+08:00

I did a piece on FCOT in October 2010 when I said that the REIT has probably turned the corner. At that time, it was trading at 15.5c a unit (which would have been 77.5c a unit, post consolidation). It closed at 87.5c in the last session. DPU was...

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Cache Logistics Trust: 1Q 2012 DPU 2.086c.

2012-04-19T11:11:00.000+08:00

It is no secret that I like industrial S-REITs as passive income generators. I am also vested in Cache Logistics Trust although my long position here is quite a bit smaller compared to my investments in Sabana REIT and AIMS AMP Capital Industrial...

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AIMS AMP Capital Industrial REIT: Credit rating.

2012-04-18T15:26:00.000+08:00

Life has been somewhat stressful for me lately. Lots of things happening. That explains the paucity of blog posts. I am trying to get up to speed with things and also trying to catch up on my reading of business periodicals which I have neglected...

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Fraud: Taking money from some adults is like taking candy from a baby.

2012-04-09T10:14:00.000+08:00

If people promise us easy money, we should have to be very cautious. What is it about? How is it possible? Why is it so? Don't be a victim of fraud. Just a few weeks ago, a client told me how he was given some physical gold for investing some...

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Tee International: Initiated long position at 22.5c.

2012-04-03T20:33:00.002+08:00

Tee International is a mechanical and electrical engineering company and sometime real estate developer. As its engineering business accounts for more than 90% of its revenue, it seems like another logical beneficiary of the increase in expenditure...

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Cache Logistics Trust: Retreating to supports.

2012-04-01T20:00:00.001+08:00

Cache Logistics Trust is a favourite of many REIT investors. It has also received many glowing reports from analysts. I also have a small long position in the REIT. Today, a reader left a comment in my blog asking me if it is a good time to invest...

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