Sunday, July 16, 2017

Netlink NBN Trust IPO and War For The Planet Of The Apes

In about two days' time, we will know the ballot result of the biggest IPO in the recent years, Netlink NBN Trust. So far, it attracted mixed response among the retail investors. Some view it as too expensive, some say that it has limited growth potential, while others think that there are other counters (especially REITs) can provide better dividend yield than this. On the other hand, some waited for this IPO for quite some time and since it's priced at a lower end of the initial indicated Price Range, it might be a great opportunity to try their luck for some profits.   

To each its own, we will know the outcome in a couple of days time, meanwhile, if you are still pondering, do make sure to make up your mind by 11:59 AM tomorrow (17/07/2017, Mon) :-) As for me, I will be trying my luck with my usual minion lots (see my earlier post on this IPO here). 

So, what does War For The Planet Of The Apes (the movie) got to do with this IPO? The truth is, absolutely nothing :-P 

I am sharing this is because today is Sunday and if you got intention to catch a movie today, this is the movie that you should seriously consider. It's the final chapter of the popular Trilogy (Rise Of The Planet Of The Apes in 2011, Dawn Of The Planet Of The Apes in 2014 and now War For The Planet Of The Apes). I am sure you will be emotionally vested with the apes (not the human being). 

Check out the trailer of War For The Planet Of The Apes here:


"Ape-yy" Sunday...

Cheers!

Wednesday, July 12, 2017

This Video Channel Will Accelerate Your Learning From Books

I am a bookworm and like to read, a lot. The problem with me is that I slow to read but quick to forget. Recently, I chanced upon a Youtube Channel which is quite cool (at least to me) whereby it will definitely accelerate (speed up) your learning from books. 

The Channel is called One Percent Better, hosted by a 22-something Australian called Brandon. He produced cool animated whiteboard drawing video, summarizing the salient points of the book that he read. He is not alone, occasionally, he will also rope in other similar channels' book summary videos. Overall, it is a great resource to get to know the gist of the book in less than 10 minutes time. 

Of course, reading (physical book or ebook) is a pleasurable hobby that cannot be easily replaced for many, you are still encourage to read the actual book as long as you've got time, but this resource do came in handy if you just want a quick summary of a particular book.  

Some example of the popular books can be found in the channel:

1. The Psychology of Persuasion by Robert Cialdini:

2. Tools of Titans by Tim Ferriss:

3. Think and Grow Rich by Napoleon Hill - How to Be Rich:

Hope this sharing is of some use to you and make you "one percent better" every week (I believed that's the original intention of Brandon when he created this Youtube Channel). 

Cheers!

Tuesday, July 4, 2017

Looks Who Are Coming Home?

No, I am not talking about the obvious : the upcoming release of the Spider-man Homecoming, but since we are on this topic, might as well. :-)

If you have not already know, the Spide-rman reboot is coming to cinemas near you this week. Basing on the early review, this is one of the best Spider-man thus far, very true to the comic (or so they said). Regardless, I am a superhero movies fan and will definitely catch it real soon. 

Not convinced? 

Check out the Spider-man Homecoming trailer below:


OK! Let's come back to the real homecoming that I am talking about. 

Drum roll........

It's the A&W fast food restaurants !  


Yes, you heard it right, after exiting from Singapore for more than 10 years ago, A&W (Allen & Wright) is making a come back, finally, as early as 2018.

For the official news, check it out here

Ohhh.. the curly fries, the root beer float (remember, the one with ice cream topping?)... Yum yum..

I am definitely looking forward to it (both the Spidey and A&W), what about you? 

Cheers!

Friday, June 30, 2017

HNA Commercial REIT - Another Upcoming Monster Size IPO

While everyone are buzzing around the upcoming monster IPO next Month (July 2017), Netlink Trust, do you know that there is another potential monster size IPO in 2017? 

It's HNA Commercial REIT

While it is still too early to provide the exact details, here are some known information of HNA Commercial REIT:

Estimated Issue Size : $$775 millions

Estimated Market Capitalization : S$780 millions to S$800 millions

REIT Manager : HNA-A EP REIT Management (Shenzen listed HNA Investment Group has 75% stake) in partnership with Singapore-based property fund management firm AEP Investment Management.

Estimated gearing : 28.6%

Portfolio: 5 Properties (Singapore : 26% ; Australia : 46% and UK : 28%):
Singapore - StarHub Green in Ubi (94.7% occupancy rate)
Australia - 41 George Street in Brisbane (99.8% occupancy rate)
UK - Trident Place Business Park (100% occupancy rate)
(The two remaining properties are office buildings in Sydney and Adelaide)

Personally, I am into REITS and don't mind trying my luck in IPO. However, it is still too early to dig deeper into it, have to wait for more details about the IPO price and its potential dividend yield etc.. before making any decision. 

As for Netlink Ttrust, I've decided to try my luck as per my earlier post here.

Cheers!

Tuesday, June 27, 2017

Netlink Trust - This Year's Biggest IPO Is Coming In July 2017

Netlink Trust IPO
Finally, the long-awaited Netlink Trust's IPO is more or less confirmed and its launch is just around the corner. Netlink Trust is the broadband arm of Singtel, as part of the infocomm regulator requirements, Singtel is forced to divest itself of more than 75 per cent of NetLink Trust before April next year. 

Following are some key information of the upcoming Netlink Trust's IPO:

Issuing units : 2.9 billions

IPO Price Range : 80 cents to 93 cents

Joint Issue Manager : DBS, Morgan Stanley and UBS 

To be listed on : Singapore Exchange (SGX) Mainboard

To be priced on : 7th July 2017 (Friday)

IPO Offer : 10th July 2017 (Monday), 5 PM to 17th July 2017 (Mon), 12 PM

To start trading on : 19th July 2017 (Wednesday)

Estimated net proceeds : up to S$2.69 billions

Use of the proceeds :
NetLink will use a portion of the IPO proceeds to buy Singtel’s broadband assets, with up to S$1.4 billion paid in cash and it will use 966 million units for the remainder of the amount due. NetLink will use another 40 percent of proceeds to repay a S$1.1 billion loan owed to Singtel.

Key businesses of Netlink Trust (source : The Straits Times):
NetLink Trust designs, builds, owns and operates the passive infrastructure for Singapore's Next Generation Nationwide Broadband Network (NextGen NBN), over which ultra-high-speed internet access is delivered throughout the island.

With this network, NetLink Trust is able to sell wholesale dark fibre services to Nucleus Connect, a StarHub subsidiary. Nucleus Connect manages the active infrastructure like switches and routers, and sells bandwidth connectivity to retail service providers (including Singtel, StarHub, M1 and MyRepublic) who sell the bandwidth with value-added services to end-users.

I am rather excited about this upcoming IPO for 2-folds, one is that I am expecting it to be sizzling hot and hopefully I am lucky enough to be part of it; secondly, I am vested with Singtel and hopefully there are some "by the way" good news from Singtel after the IPO (in the form of special dividend, for example).

What about you? Will you be interested in trying your luck on this IPO?

Cheers!

Wednesday, June 21, 2017

4 Local Investing Apps In Comparison ( InvestingNote , StocksCafe , Spiking and Dr Wealth)

For retail investors, investing can be a daunting task in you were to include the following activities:

1. Doing market research by reading the relevant market news,
2. Reading Annual Reports (for Fundamental Analyst) or Analyzing charts (for Technical Analyst),
3. Keep track of your portfolio and evaluate your portfolio's performance, this is especially challenging if you have huge portfolio (in terms of number of stocks) and the needs to keep track of the incoming dividends etc...

The good news is, for item (1) and (3), there are a couple of local apps that can facilitate us in tracking our portfolio as well as consolidating news that are tailored to our interest. So far, I manage to uncover four (I am sure there are more to be uncovered) and each has its pros and cons. 

This post is just to share my personal view on them.

1. InvestingNote

Pros:
a. A more comprehensive investing apps with salient features targeted at retail investors. Key features include portfolio tracking, watch list, charting, discussion between members (look at it like facebook of investing), price estimation of the counters and many more.
b. Cater to both FA (Fundamental Analysts) and TA (Technical Analysts) with its trending articles and quite comprehensive charting features. 
c. Provide daily email update of the current market news.
d. Able to track Singapore, Malaysia and USA stocks. 

Cons:
a. Hmmm, can't find any yet :-)

My Favourite Unique Features:
a. Stock calendar whereby it list down the upcoming events of the selected stocks of yours.
b. Auto computation of overall profit/loss of your portfolio.
c. Gamification whereby the members are being ranked and points are awarded basing on the interaction/traction gained by the members. Points can be used to exchange for vouchers like FairPrice vouchers (latest news : most vouchers are out of stocks at the moment). 

InvestingNote is available in both iOS and Android

2. StocksCafe

Pros:
a. Another feature-rich investing app. Key features include portfolio tracking (including dividend tracking), watch list, messaging between members, stock screener and many more.
b. User can share their portfolio or stock screenings openly (if they choose to).
d. Able to track Singapore, Malaysia and Hong Kong stocks. 

Cons:
a. Some how the revamp app (iOS) looks more like a web page than an app, hence, less user friendly.

My Favourite Unique Features:
a. More comprehensive calculation of the profit/loss of the portfolio i.e. inclusive of the dividend yield, calculation of XIRR etc..

StocksCafe is available in both iOS and Android

3. Spiking

Pros:
a. An investing app with more in-depth focused-features (i.e. not feature rich) in stock price alert and heavy weight investors' recent transaction.
d. Able to track Singapore, Malaysia and Hong Kong stocks
c. The UI (user interface) is most sleek and intuitive among all. 

Cons:
a. It's a Premium i.e. you need to pay to become a PRO users (e.g. enjoying unlimited price alerts etc...)

My Favourite Unique Features:
a. The heavy weight investors' transaction


Spiking is available in both iOS and Android

4. Dr Wealth

Pros:
a. It used to be available in iOS version in its previous generation whereby the usual portfolio tracking, Watch list and profit/loss tracking (including the dividend calculation) are available.  

Cons:
a. Only available in Android (at the moment, I heard the iOS version is coming soon).
b. Only able to track Singapore stocks.

My Favourite Unique Features:
a. Not at the moment.

Dr Wealth is only available in Android

I am a member to the first 3 but not the last one because I am an iOS user. Among the 3, I find that InvestingNote is more comprehensive my top choice of investing app.  

Are you using any of them? What is your view?

Cheers!

Sunday, June 18, 2017

What Have I Learnt From The Lee Family Feud Saga?

First, happy Father's Day to all the fathers out there and hope you folks have a great family gathering/celebration. 

For the past week, I am sure the most viral headline news (both in mainstream and social media, local and international) is non other than our First Family's family feud, the Lee Family Saga.  One would wonder how come a family with such a high status and power are "washing their dirty linen" in the open? Anyway, only they themselves have the answer (or maybe not) but this post is not to side anyone involved, just a post to share what I've learnt just by reading this dramatic development of the event but I can tell you that this is a great source materials for the 溏心风暴, Heart Of Greed(famous Hong Kong Drama series) sequel. 

Here you go...

1. Different people see responsible act differently. Like Uncle Ben told Peter Parker (aka the Spiderman): With Great Power Comes Great Responsibilities, In this saga, the responsibility is so huge that it become a public interest/concern now (even though it might be started out as a family feud). 

2. It used to be MONEY is the root of all evils, actually I think it still is. Just that now probably POWER is the second root of all evils.

3. It is a blessing to be in living in a humble and average family. Imagine the stress and tension you are getting from all these saga?  

4. There is always 2-sides of the same coin. Who is on the right side (pun intended)? You go figure it out....

5. When you are younger and siblings are the only closely-knit family members you have, blood is thicker water, usually! However, when you are having your own respective families, that virtue might still stay true but diluted to be true within your own "branched-out" family only. That's where the conflict arises.... 

What have you learnt from this SAGA? 

Cheers!

Thursday, June 15, 2017

My Mutated DCA - Follow-up Action (3)

As highlighted in my earlier post (click here to see more), yesterday, decided to add another 900 shares to my mutated DCA (Dollar Cost Averaging) counter, Asian Pay Television Trust (APTT) @ 53 cents.It went down a bit as it just went XD (Ex-Dividend) yesterday.

So my average price per share now is sitting at 55 cents (2,700 shares).

I do still find value in this stock as per my earlier assessment (click here to read more).

At the moment, the valuation is at 0.6 Price/Book (P/B), 15.7 Price/Earning (P/E) and 12.50% Dividend Yield. 

Cheers!

Note : DYODD (Do Your Own Due Diligence) 

Monday, June 12, 2017

Why The 2 Upcoming IPOs (World Class Global and HRnetGroup) Do Not Strike A Chord With Me?

If you have not already know, this week alone, there are 2 new IPOs coming on board. They are:

1. World Class Global Limited - Offer at 26 cents per share and will close tomorrow (13/06/2017), 12 PM ;

2. HRnetGroup - Offer at 90 cents per share and will close on Wednesay (14/06/2017), 12 PM

After my little lucky break with Sanli's IPO (click here to see more) which I managed to release my 3,000 share on the first day of IPO at 37 cents subsequently, it might seems naturally for me to whack any new IPOs coming on board. But, that's not the case. 

Luck aside, somehow these two new IPOs doesn't strike a chord with me and I am going to give both of them a miss. 

Key reason? 

As my IPOs bet are usually not for long term holding, I find that both of them are having too high a valuation for my liking :-). World Class Global Limited is offered at 2.28 of P/B (Price/Book) and HrnetGroup is offered at PER (Price/Earning Ratio) of 22x.    

For more details on the valuation of these 2 IPOs, I think Mr IPO did a great job in compiling every single IPOs' valuation in Singapore, I don't think there is a need to reinvent the wheel here, just check out his posts below:



For those who are trying out your luck, all the best!

Cheers!

Saturday, June 10, 2017

How You Interpret This Story Is The Way You Perceived Joy

In Tan Chade-Meng's latest book, Joy On Demand, there is a mini story (or should I say joke) which I thought is quite funny and thought-provoking at the same time. So, I am sharing it here and provide my takes on this story/joke. 

The story goes like this:
Once upon a time, a Chinese guy went to see a fortune-teller. After the fortune-teller read his palms carefully, she said to him, "You are miserable now, and you will continue to suffer misery until you turn forty." He asked excitedly, "What happens after forty? Will my misery finally go away?" And she said, "No, after forty, you'll get used to it."
So, what do you think is the morale of this story?

Since it's a book about regaining your control over joy and happiness, I like to do a quick fun dissection on the way we interpret this story will determine how we perceived joy. Of course, there is no right or wrong answer, just how different people look at the same thing differently. 

I came out with the following few variation of the interpretation (from the Chinese guy's perspective):

A.  Believe the fortune-teller whole-heartedly and feel miserable (or get used to the misery) for the rest of your life.  OR

B. Don't believe all the thing that the fortune-teller said and continue to live your life as per normal (you might or not not agree with her that you are in misery state now). OR

C. Partially believe what the fortune-teller said and ask for her for ways/remedies to counteract this "misery" and act on it. OR

D. Start to question yourself on the intention of seeing fortune-teller, why let an outsider telling you what your future will look like? Shouldn't you be the one controlling or steering it?  

My personal interpretation (just treat it as me talking to myself, you can don't agree with me :-)):
Type (A) and (B) tend to perceive joy as a respond to the external elements i.e. the environment, the situation or action from other parties;

Type (C) and (D) tend to perceive joy is something from inside-out (or at least partially) i.e. you need to take some action/effort yourself in order to experience joy. 

What do you think?

Wednesday, June 7, 2017

Sanli Environmental Limited - The Hot IPO is 12.8 Times Subscribed

The latest IPO counter, Sanli Environmental Limited, received strong investors interest with 12.8 times subscription (for the 52 millions shares @ $0.225 each). As per my earlier post, I've tried my luck too and applied for some minion lots. 

This time round, I have a lucky break, managed to get 3,000 shares.. :-) If I remember correctly, this is the most IPO shares that I've gotten so far. 

Sanli Environmental Limited will start trading from tomorrow (08/06/2017), 9 AM. 

I guess the next question is: what would be the opening day's price? Let's do a poll, do you think it's opening price will A, B, C, D, E or F? 

A = lower than $0.225 (IPO Price)
B = Between $0.226 to $0.300
C = Between $0.301 to $0.400
D = Between $0.401 to $0.500
E = Between $0.501 to $0.600
F = $0.601 and above?     

My gut feeling is D (around $0.45), what is your gut telling you?

Cheers!

Tuesday, June 6, 2017

My Mutated DCA - Follow-up Action (2)

Today, I've decided to add another 900 shares to my mutated DCA (Dollar Cost Averaging) counter, Asian Pay Television Trust (APTT) @ 58 cents.

So my average price per share now is sitting at 56.5 cents (1,800 shares). I am looking to accumulate more after it went XD on 14 June 2017 whereby the share price is supposedly going lower.

I do still find value in this stock as per my earlier assessment (click here to read more).

At the moment, the valuation is at 0.67 Price/Book (P/B), 17.5 Price/Earning (P/E) and 11.21% Dividend Yield. 

Cheers!

Note : DYODD (Do Your Own Due Diligence) 

Monday, June 5, 2017

IPO - Sanli Environment Limited

The latest IPO, Sanli Environment Limited, which is going to be listed in Catalist, will be ending its offer tomorrow (6th June 2017, 12 PM) and start trading on 8th June 2017 (Thu). As Mr IPO has came up with a very good summary of the pros and cons of this upcoming IPO, for those who are interested to know more details about this upcoming IPO, can check out his post here

Oh! By the way, this IPO @ $0.225 obtained the hottest IPO rating (i.e. 3 Chillis) from Mr IPO :-)

I've just applied some minion lots today to try my luck. As I have not been lucky in the recent IPO applications, I will not put much hope on this either, just prepared to contribute the $2 administration fee to the bank. 

What about you? Are you or will you be vested? 

Cheers!

Tuesday, May 30, 2017

Is The Market Really Crashing By End 2017?

No, this is not my prediction.

In fact, this is the prediction by the author, Harry S. Dent Jr in his book, The Sale Of A Lifetime - How The Great Bubble Burst of 2017 - 2019 Can Make You Rich

In the book, he categorized the stock market cycle into 4 seasons (just like the weather) and boldly predicted that end-2017 till late 2022 will be the market winter season (i.e. the greatest danger period for market crashes and recession/depression). He cited a couple of guiding principles in identifying the market bubbles and also some justification for his prediction, which I am not knowledgeable enough to question.    

Will his prediction comes true? 

No one know and only time can tell. 
The Sale Of A Lifetime
In any case, many of my financial blogger friends have already been "secretly" loading up the war chest and waiting for the perfect storm to come. In fact, some of my financial blogger friends whom went through the the previous Financial Crises did a massive killing during that period (2007-2008). It's almost 10 years now and probably about right....time to release the kraken.

What do you think? 

Cheers!

Tuesday, May 23, 2017

Why is Forex a market of the Future (Guest Post)

What forex shortage stands for? For Foreign Exchange, you may know this type of trading also under following names: Forex Trading, Currency Trading, Foreign Exchange Market, or shortly FX. This market is just about buying one currency and selling another currency. So the general task is to buy cheap and sell expensive. FX market is open 24 hours a day, 5 days a week - only weekends are off. Main financial centres of FX are London, New York, Tokyo and Hong Kong.

How to trade Forex


Trading forex means trading currency pairs. You as a trader, for example, buy euros with dollars and you expect that the value of dollars will go down in comparison to euro. If your prediction is correct you earn money by reverse sale. The principle of currency trading is very easy to understand, however trading itself not so much, therefore you need to apply forex strategies and money management strategies that will help you get the edge of profitable trading.

Most traded currencies


If a certain currency is traded more often than others you can usually trade it with more tight spread (thanks to a huge liquidity). The most traded currencies are USD, EUR, JPY, and GBP. The most liquid currency pair is EUR/USD. In almost 87% of all trades, we can meet with the American dollar. No wonder when the almighty dollar dominates in the world's largest economy, the United Stated of America.


Interesting facts about Forex trading

Did you know that forex is...
  • Is considered to be one of the finest markets in the true sense of the word (market economy principles).
  • Is accessible with just the internet connection, no installing is required.
  • Is a market with no commission policy. That means you do not pay a fee for creating a trade (broker makes money only on a spread).
  • Is highly liquid, there are 5,3 trillions of dollars traded daily
  • Is only about you. You do not need any employees, you have no overhead costs (besides from your computer). Forex trading is one of the freest business.
  • Is tradeable from anywhere in the world as long as you have internet access.
  • Is easy to understand, the principle is quite simple.
  • Is a market of the future. Already nowadays forex is the biggest and most popular financial market in the world. More and more people use its advantages.
  • Is market with unlimited possibilities. There are no limits to your profits. Most brokers offer margin-based trading, therefore you can earn a lot of money even when your capital is not sufficient yet.
  • Is almost for everyone you can start even with low capital, or you can trade on a practise demo account.



Forex trading in practice

When we trade forex we should focus on several things. For start, we definitely shouldn't overlook forex news and announcements, because they are very important when it comes to making a decision whether the price of one pair will go up or down. There are several websites which will provide you with this kind of information, one of them is definitely marketwatch.com. You will find there some trading ideas and tips which you can use when you trade. You should also keep an eye on the economic calendar which will provide you following information: an event which is planned on a certain date, an actual current price of the currency, a forecast of the price (and how the event will most likely affect it) and some others.

The forecast is usually marked with labels that indicate how important the news will most likely be - low (low impact on the market), medium (medium impact) and high (high impact). I definitely do not recommend trading news that are marked as "low" without using any other technical analysis, because they are not very solid. If you want to trade based only on a fundamental analysis, look for medium and high importance tags. You also might firstly consider having a look at the previous announcements to see how they affected the price of the currency. Because sometimes not even news with high importance are able to break the price to the opposite direction. The best way to learn how to trade the news is an extensive practice. For this purpose, you can take advantage of a free practise account for forex trading.

BIO: contribution from
Michael is a devoted economist who firstly recognized the forex market 5 years ago. He is also known as a financial nerd. He loves making analysis and reports to see how far he moved in trading over the years, he also loves writing and sharing his beliefs with the internet.

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