tag:blogger.com,1999:blog-10696740871678195832024-10-25T06:07:15.134+08:00I decided to start this blog to remind myself on how much I had learned investing through the hard way. I don't have a strong finance background, but wish to achieve financial freedom by investing. Perhaps most of my stocks-picking are based on my own logics and concepts which I had learned. My belief is 穷小子日记, I may be poor in appearance, but rich in pocket and knowledge, and it’s all that matters.poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.comBlogger44125tag:blogger.com,1999:blog-1069674087167819583.post-75851213030838008952020-05-31T14:00:00.000+08:002020-05-31T14:00:02.510+08:00

It had been a good 2.5 years since 穷小子 last update. What had 穷小子 been doing for these whole time? Lets do a fast forward update.Investment穷小子 did not make any purchase for the whole 2018 and 2019 except for some short term to curb his hand itchiness. This helps 穷小子 to build up some warchest, as mostly was depleted in 2016. 穷小子 made few purchases (maybe share in next time) during the bear market

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-28321867991730182752017-12-30T10:09:00.002+08:002017-12-30T10:10:27.330+08:00

We are coming towards the end of 2017. It had been a while since 穷小子's post, so what is he "busying" at? 2017 is a bullish year as 穷小子 would say. Despite with all the bad news, all doomsayers negative headlines, DJI managed to hit more than 25% YTD and STI more than 17% YTD. Furthermore, Singapore economy grows 5.2% in Q3, with 2017 forecast raised to 3-3.5%. With such a good run this year,

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com2tag:blogger.com,1999:blog-1069674087167819583.post-20246644404838461812017-07-01T11:59:00.000+08:002017-07-01T11:59:54.770+08:00

We are in the mid of 2017. Many things had happened during the past 6 months, especially with the interest rate hike last month. What 穷小子 had accomplished? Financial's achievement AGM Attended quite a few of AGMs this year. Fraser Centrepoint Trust, CapitaComm Trust, and OCBC. Learned quite a few insights from the management of each company. If not due to overseas and other commitments, 穷小子

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-56637885106633647112017-04-30T14:51:00.000+08:002017-05-11T10:29:45.722+08:00

Finally we are at the last day of April 2017. As most of the companies had their Annual report out and AGM done, it is time for 穷小子, to update his portfolio. Don't have any much significant changes to his portfolio to date, except for the small purchase of Singtel and Starhub. Main reason to scoop this small portion is due to the recent sell down after the TPG's Australia news and average down,

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-3377626051762355372017-04-29T13:32:00.001+08:002017-04-29T13:32:11.884+08:00

穷小子 not intending to blog about this initially, but there is something he must share. Attended the AGM yesterday, and OCBC's CEO shook hands with 穷小子. Wahaha!! Not that 穷小子 is some kind of VIP, but the shaking of hands is because Mr Tsien is courtesy and polite, and greeted us with a Good Afternoon. Is a simple gesture, but is the effort which he had made counts. Feels so appreciated when he says

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-82399996122821507692017-04-25T20:43:00.000+08:002017-04-26T12:21:10.667+08:00

Happy First Birthday, 穷小子!! There is no birth date for 穷小子 literally of course, but it will be his first anniversary since his first post. Times flies, while still remembering from how much he had learned along the way for the past year. It has been a while since the last post, and just saw that Poorlearnrich is moving towards 50k views. Thanks for all the supports.. ^^ Pardon for no much

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com2tag:blogger.com,1999:blog-1069674087167819583.post-1748085737147223082017-03-01T10:04:00.004+08:002017-03-01T10:05:12.481+08:00

We had ended the first two months of 2017, let's see how 穷小子's portfolio performed. 穷小子 has not done anything to his portfolio in 2017 yet. - Prices are not high enough to sell - Prices are not low enough to buy - More importantly is, 穷小子's pocket is still empty. Still building his warchest. 穷小子's portfolio update: For the period of these first two months, 穷小子 will be receiving a total of

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com2tag:blogger.com,1999:blog-1069674087167819583.post-26296738717502132372017-02-22T18:34:00.000+08:002017-02-22T18:34:28.640+08:00

If you had read about 穷小子's style, you would have known that he does not like to have huge spending. Furthermore, he paid them on the spot this time without any much delay. So what did he had bought exactly? A trip to Turkey, with Air Tickets, Hotels and taxes all in, excluding the tipping and optional. That's right. 穷小子 loves to travel. When was the last time when he spent thousands? Hmm. Think

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-23943370572870925472017-02-04T11:26:00.001+08:002017-02-04T11:26:54.296+08:00

Starhub FY 2016 results was released last evening. Disappointed results indeed, and seems worse than M1. This shall be a short post with no fancy charts or iconic pictures. 穷小子 had no mood to elaborate further but will not sugar-coat the results. If you had followed 穷小子 throughout, you must have known that 穷小子 had bought the telcos at early 2015, which is around the all time high and is one of

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com2tag:blogger.com,1999:blog-1069674087167819583.post-56929685346896779032017-01-18T16:21:00.000+08:002017-01-18T16:21:34.270+08:00

CCT released their FY 2016 Financial Results this morning. Seems a strong results for 2016 overall per se. 穷小子 shall touch on some of the key factors. CapitaGreen's contributions is 100% with effect from 01 Sep 2016 Starting off with the much anticipated on CapitaGreen contributions injections to the portfolio. Note that its contributions is 100% only from 01 Sep 2016 onwards, so

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com4tag:blogger.com,1999:blog-1069674087167819583.post-66866514120909183292017-01-08T23:28:00.000+08:002017-01-08T23:28:33.838+08:00

What a good start for 2017!! STI from 2880.76 on the last day of 2016 to 2962.63 on the end of first week, that's almost a 100 points, roughly 2.84% increased, for a short 4 days. Can we see a STI 3000 by month end? 穷小子 shared about his Christmas Shopping previously, so how have they performed? Capital Gains Those REITs which bought on the last month of 2016, grew from a low of

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com2tag:blogger.com,1999:blog-1069674087167819583.post-71622891142918808442016-12-30T10:24:00.001+08:002016-12-30T10:24:21.507+08:00

2016 is coming to the end with few days remaining. What an eventful year with the continuation of Oil Crisis, Brexit, Trump's presidency, Italy referendum and Interest rate hikes. What 穷小子 had accomplished? Financial's achievement Savings Manged to save about 44% of his salary after all the insurances and household allowance deductions. Target to save 50% for 2017. Not sure if this can be done,

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com7tag:blogger.com,1999:blog-1069674087167819583.post-91331748244069409872016-12-22T23:43:00.000+08:002016-12-22T23:43:02.376+08:00

穷小子 is having his festive seasons shopping for the past few weeks. Shopping for gifts for friends, families, and self. Mainly being to Raffles City, Bugis, Vivocity, Waterway Point, Suntec. Managed to get a perfect gift for everyone, and with much shopping malls rewards points accumulations as well as credit cards rebates. Most importantly, 穷小子 had bought most of the REITS from his

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-39827422802561308212016-11-21T23:42:00.000+08:002016-11-21T23:42:09.522+08:00

穷小子 had sold some of his banks shares last week after combo Reits purchased earlier. Not all, but sold about 1/3 of DBS and 1/3 of OCBC from the overall portfolio. This move is to re-balance his portfolio, 穷小子 still have confident in our local banks for long term. Moreover, last week is also seems to be a good opportunity to cash out to build up the warchest, after some good run on these 2 banks

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-73265888619531731512016-11-16T16:54:00.000+08:002016-11-17T11:05:17.876+08:00

Been looking for a chance to get some REIT into 穷小子's portfolio, and patience has been rewarded finally. The current price may not be the lowest yet, but is a good opportunity to have a small position first. If rates hike, second purchase opportunity shall come into play. Suntec Reit Manage to get a comfortable 6.43% yield from yesterday. Furthermore, the price dropped from 1 month high at

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com2tag:blogger.com,1999:blog-1069674087167819583.post-73187802412747525122016-11-09T21:15:00.001+08:002016-11-09T21:15:47.100+08:00

穷小子 must admit this, was expecting a close fight, but didn't expect and don't wish Trump to win the campaign. After today, guess that everyone should have know by now that any thing can happened in this world. First half of the year is Brexit, and second half is Trump. On a side note, 穷小子 vote goes to Brexit. What next? 穷小子's guess would be America will grow stronger as promised. Mr Trump

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-75397768037352642012016-11-03T20:02:00.000+08:002016-11-03T20:02:13.081+08:00

Despite M1 having a bad Third Quarter results, 穷小子 bought M1 with a small position. Yes, 穷小子 did mentioned that he will not touch unless M1 hits $2 or after fourth telco announcements. But.. But.. It is too irresistible for not having a small bite to average down the overall price. Based on few points below. Based on today closing price, it gives a return yield of 7.42%. Assuming if

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com4tag:blogger.com,1999:blog-1069674087167819583.post-48427966965927428952016-10-19T22:25:00.001+08:002017-01-18T13:02:03.656+08:00

M1 share price plunged 5.15% today, a $0.12 drop, to $2.21 today. This is much expected from the poor 3Q16 results released yesterday. 穷小子 mentioned in the previous post that M1 is having a juicy dividend yield of 6.38%, but because of fourth telco is approaching, patience prevails, and still waiting at the sidelines. Take a quick look on the 3Q2016 results. Key Financial Highlights

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com4tag:blogger.com,1999:blog-1069674087167819583.post-13475226525164003332016-10-04T21:28:00.001+08:002016-10-19T22:26:43.010+08:00

What to do during this period? Ever since the epic Brexit event, STI finally surged above 2,900 points to 2,945 unexpectedly, before coming down to 2,803 in the following month. Subsequently, it has been ranged bound between 2,800 and 2,900. Those banks, telcos and REITs stocks in 穷小子's watchlists did not have much movements during this period as well. The announcement of delaying the rates

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com2tag:blogger.com,1999:blog-1069674087167819583.post-78812119011479284272016-09-22T19:40:00.000+08:002016-09-22T19:40:28.834+08:00

What is 穷小子 style? Is very simple. Living with a frugal lifestyle in a materialistic society and aiming to achieve financial freedom for the future. There is a thin line between 穷小子 Style and being stingy style by his definitions. 穷小子 would spend and pay only for what he think is worth, but a stingy guy doesn't even have this traits at the minimum. Try to maintain a $4 per meal for weekdays (

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-76564179433835443262016-09-12T23:57:00.000+08:002016-09-12T23:57:32.598+08:00

Have just reduced about 40% of CapitaLand Commercial Trust (CCT) holdings from the portfolio last week. Is not that 穷小子 had lost his confidence in the company, but is more due to re-balance the portfolio. CapitaLand Commercial Trust (CCT) had a good run for the past 3 months, from $1.385 to $1.64, which gives about 18.4% return. A 18.4% profits is roughly about 3-years worth of

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-79610694451968955792016-08-31T16:27:00.000+08:002017-02-22T18:56:38.756+08:00

The month of July and August, the second half of dividend collection! Let's have a portfolio update. 穷小子's portfolio update: For the period of these two months, 穷小子 will be receiving a total of S$1,755.55 in dividends. Dividends received this round: S$1,755.55 Year 2016 Total dividends: S$3,552.70 Average dividends per month: S$444.09 Average dividends per day: S$14.56 穷小子 still trying hard

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-91575844268299071322016-08-03T21:58:00.000+08:002017-01-18T13:02:03.660+08:00

To be a better value investor, first of all, should at least know how to analyst a financial results. As mentioned in all the previous posts, 穷小子 admitted that he is not a great Financial Analyst. Decided to do a simple analyst and shall use OCBC's first half of the year results for a start, since OCBC took up a majority of 穷小子's portfolio. Please advise/correct him there

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0tag:blogger.com,1999:blog-1069674087167819583.post-82025449933819197262016-07-30T10:57:00.001+08:002016-07-30T10:57:43.210+08:00

Have you prepared enough for the Stanchart Trading minimum commission begins on 01 Aug 2016. 穷小子 had done these approaches. Cut the short term and build the long term. In fact, most of them are cut on the next day after the announcement. Sold small position with contract value ≤ $3,500 and less than 1,000 of shares, Frasers Centrepoint Limited (TQ5) *got it back, and is in CDP

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com2tag:blogger.com,1999:blog-1069674087167819583.post-52221886471816046342016-07-20T19:56:00.001+08:002016-07-21T16:28:37.297+08:00

Since after almost 2 months from the last post about my observations on Waterway Point, 穷小子 finally managed to get a small position today. The current book value is about $2.66. With based on today closing price of $1.52, I am quite comfortable with the 0.57 of the book value. As mentioned in the previous post, there are 2 minor concerns which need to be considered before making the buy call.

poorlearnrichhttp://www.blogger.com/profile/17793505091396388563noreply@blogger.com0