Saturday, April 22, 2017

Asian Pay Television Trust (APTT) - The Reasons Behind Its 7% Jump Yesterday?

APTT
If you are vested with the Asian Pay Television Trust (APTT), I am sure its performance yesterday (which is a whopping 7.14% jump to $0.525) put a smile on your face. Some of you might already took profit out of this "rare" jump. 

The question is what trigger the jump? 

Reading through numerous sites, my personal interpretation/guesstimate are :

1. Appointment of new CEO, Brian Mckinley and CFO, Somnath Adak. Prior to be appointed as the CEO, Brian Mckinley is the CFO of the trustee. This could be the reason that bring positive cheer to the market.

2. Steady performance for FY 2016 (a copy of FY2016 Annual Report can be found here).

3. Sumptuous Dividend Yield - Total distribution per unit for 2016 is 6.5 cents and the Chairman has indicated that distribution for 2017 will be consistent with 2016 at 6.5 cents (which translate into 12.3% dividend yield with the latest share price of 52.5 cents). 

Extracted from APTT's FY2016 Annual Report
Other side news about APTT:
1. Do you know who is the biggest institutional shareholder? It's non other than our very own Temasek Holdings Pte Ltd (held 7.98%) :-) 
source : Financial Times
2. Analysts are quite upbeat in their forecasts, with median target of 70.5 cents and high estimate of 90 cents. Even the low estimate is also sitting at 51 cents
source : Financial Times
I have been "secretly" monitoring this trust for a couple of weeks (I used to queue it at 45 cents but missed it twice), for now, I am looking at the entry price of 50 cents or lower.    

Cheers!

Note : DYODD (Do your own due diligent)

Friday, April 14, 2017

Singtel - Accumulating as part of my mutated DCA

Singtel
As per my previous post in Nov 2016 (click here to see), I've chosen Singtel (Z74) as he stock to go on "DCA" (the reason why I bracket it is because my original intention is not to strictly invest every month but rather retain the flexibility to enter as and when I viewed that the price is right). Well, you may argue that I should not even call it DCA (Dollar Cost Averaging), you are probably right, but who cares, it doesn't really matter lol

Since Wednesday (12/04/2017), for some "good" reason, Singtel share went through a phase of massive short selling, the share price has dropped about 3.5% (from $3.90 to $3.76 at yesterday's closing). So, I took this opportunity to accumulate the Stock in two tranche (500 @ $3.81 and another 500 @$3.76). In total, I have accumulated 1,500 shares with the average price of $3.78.

Are you doing any DCA? If yes, on which particular stock(s)?

Cheers!

Sunday, April 9, 2017

My Thought On Tony Robbins' Latest Book Unshakeable - Your Financial Freedom Playbook

I've been following the famous motivational guru, Tony Robbins' books since his Awaken The Giant Within (1991). So, I can consider myself a fan of his book. In the recent years, his books are mainly focusing on the personal finance, from the 2014's Money - Master The Game to this year's Unshakeable - Your Financial Freedom Playbook.

Effectively, Unshakeable is a follow-up to his much voluminous Money - Master The Game (2014), there are quite a number of Rules/Principles stated in Unshakeable are actually a conscious version from Money. 

Of course, the overall context of the book is more applicable to US e.g. you will see him stating quite a number of investment vehicles which are for US citizens, like their 401(K) plan etc.. Having said that, I still enjoyed reading it very much  as all the Principles/Guides are deemed universal and timeless. 

Some of you might find that most (if not all) of his principles are kind of common sense and too simplicity and he himself admitted it. Anyway, who says life need to be so complicated? Most of the time, the difference between those who are succeeded and those who are not comes down to this word : ACTION.  

I especially like Section III of the book whereby it covers the Psychology of Wealth. Many of the proven biases (like "confirmation bias", "recency bias" and "home bias" etc..) are covered here and he also provided the solution(s) to counteract these biases.

Also, his points on the "Art Of Fulfillment" and the Two States of self ("Beautiful State" vs "Suffering State") are something that I adored too. 

Besides the financial related facts and principles gems, which is aplenty in this book, the other two principles (from "The Art Of Fulfillment" chapter) that strike with me are: 
You must keep Growing 
You have to Give
Overall, I do recommend this book to everyone who want to up your ante in the personal finance acumen. 

Before I end this post, just like to re-share one of the quote from the book :

"Money doesn't change people. It just magnifies who they already are"

Cheers!

Wednesday, April 5, 2017

Free Webiner - Fintech Oppotunities For VCs and Startups in Southeast Asia

Nowadays, FinTech is everywhere, in fact, as a branch out of it, InsurTech is everywhere now too (at least I am hearing it every now and then in my office). 

So, what is actually FinTech? 

How does it disrupt the Finance Industry, especially in Singapore? 

To be frank, I am not too sure myself.  

I've gotten an email invite recently for a free FinTech webiner, for those who are keen to learn more about FinTech Opportunities in Southeast Asia, you may be interested to check out this free webiner from World Wealth Creation Conference and it will be held next week (12 April 2017, Wed 7 PM). 

You can check out more details here and register free here



Cheers! 

Thursday, March 30, 2017

Two Figures Related Free Apps To Download This Week

Mobile Apps are fast becoming integral part of our daily routines/lives. Besides the social media apps like Facebook, Instagram etc, that keep our fingers busy (from swiping), there are plenty of financial/news or gaming apps around that take up a fair bit of our time (no wonder nowadays most of us are suffering from sleep deficiency, because there are simply too many info to see/digest).

Today, I am going to share two more apps (both are related to figures) which were developed by my friends. 

Two Apps ; One Theme (Figures)

One for Google Play (Finance) and One for iOS (Game)

Fair and square! lol

This is a revamped app from Dr Wealth (after acquired by BigFatPurse), it's a financial app targeting at retail investors to keep track of their stock portfolio, reviewing their stock performance (with charts) including the dividends received, all in one app. Too bad, it is only available in Google Play at the moment, hope the iOS version is up soon.
Dr Wealth App
Dr Wealth Google Play App
I did download the older version of Dr Wealth app before and quite like the user experience. When the revamp version for iOS is up, I will definitely give it a try again. If you are a Google Play user, give it a try by downloading from Dr Wealth.   

The second app is a simple and fun time-wasting game, if you like math, you will enjoy it! Think along the line of Candy Crush with the numbers (figures)!
Figure Up App, iOS, Game App
Figure Up! iOS App
If you have some time to kill (like when commuting via public transports), can consider improve your mathematical prowess and have fun along the way. You can download it from the App Store here.

Cheers!

Tuesday, March 21, 2017

Interview With Jes Of SimplyJesMe Blog

It has been a while since my last "Interview With The Fellow Investors" series, 4 months plus to be exact. Of course, I want to make this as evergreen blog series, as long as there is willing interviewees, I will ensure its continuity.

Our next interviewer is the second lady blogger in this series, she is Jes from SimplyJesMe blog (I like the name). Even though I've not met her personally but I drop by her blog occasionally. 

Without further ado, let's start the ball rolling....

Q1 : Can you give us a brief introduction about yourself?
A1 : I am Jes, a 30 years old Singaporean who is doing SimplyJesMe just for the love of sharing my thoughts. It does not have a niche like others, I blog about everything that I like, such as free and easy travelling tips, personal finance and stories to push people into action. Actually I started the blog and aim to be a financial blogger with my first post on OCBC 360, but I found I am not keen to keep talking about stocks and FA, which led me to blog about my travels and others.

Q2 : Are you a full-time or part-time investor at the moment?
A2 : I am a part time investor in stocks, not pro enough to go full time at all.

Q3 : When (at what age) did you start investing in shares and who has influenced you the most?
A3 : I started investing at 25 years old after some influence from my parents. My first stock was Olam thanks to a tip by a good friend. After which, I started to read up actively on passive investing. “Rich dad, poor dad” and “One up on wall street” gave me more insights into the world of investing.

Q4 : Do you view yourself as long-term (holding shares in years), short-term investor (holding shares in days/months) or mixture?
A4 : I am usually a long term investor but would go short term if I feel that the stock is over valued. However, till now I still have not started to cut loss so I am earning money with only book loss!

Q5 : What is your basis of selecting the shares to invest (e.g. basing on fundamental analysis, technical analysis or other methods/sources [share a little bit more details if it is the latter])?
A5 : I based it more on fundamental analysis. Peter Lynch’s formula in “One up on wall street” is a good guide and I slowly fine tune it to the current market situations. I believe people need to start investing so that they will monitor their stocks and learn from the actual experience. Most friends I know are stuck at the stage where they do not dare to invest out of fear of the high risk.

Q6 : What is your targeted and achieved annual rate of returns (%) so far?  
A6 : My targeted rate of returns : 8 %
        My achieved rate of returns : 5% (Including book loss)


Q7 : What is your most recommended online investing resource (site or blog) to share with our readers?
A7 : Investopedia.com, and all the other blogs recommended on my blog. 

Q8 : Besides shares, what other investment are you involved in (e.g. Real Estates, Bonds or REITs etc)?
A8 : My own business SnackFirst.com, where I strive to provide happiness in the form of snacks from all over the world. 

Q9 : What is your Portfolio Distribution like?
A9 : 60% equities, 40% cash. Besides stocks, I also invest monthly and passively in STI ETF through POEMS Sharebuilder.

Q10 : If the readers what to get in touch with you, how to get hold of you? (Sharing of your website/blog/social media profile etc..)
A10 : They can contact me through SimplyJesMe/SnackFirst contact me page, Facebook, Twitter or Instagram.

Last but not least, if you are a retail investor and would like to be featured in my "Interview With The Fellow Investors" blog series, please feel free to email me at investopenly@gmail.com 

Also, for the complete list of my interviewees and their posts, check it out here.

Cheers!

Saturday, March 18, 2017

Super Group - Time To Accept The Offer!

Ever since the news broke out in Nov 2016 that Super Group (S10) might be acquired by Dutch tea and coffee company Jacobs Douwe Egberts (JDE), the share price has hiked 34% to $1.30, as at yesterday (17/03/2017), which is also the offer price. For more details of the earlier news, check out the Straits Times article here

Five months later, finally received the official cash offer documentation in a super thick package. Of course, for a minion-size shareholder like me, the natural logical reaction is to accept the offer, even though it will be at a lose as I got it at the peak ($1.465). 

The funny thing is I noticed that there is no FFA (Form Of Acceptance and Authorisation) and self-address envelope being attached to the package, which is usually the case as per one of my more seasoned friend (this is the first time I received such offer document). So, never take thing for granted, it is not a perfect world after all! lol 

So, the recourse is to download the FFA from the SGX site, which I did, luckily the offer document did provide an easy to understand steps to download the form ourselves. The next step is to mail it out before the offer closing date. Oh, by the way, if you have not already know, the closing date has been extended to 25th Apr 2017, Tue (from the original 11th Apr 2017, Tue)   

Also, as highlighted by one of my other friend, the share price did went up to 1.305 brieflyly this week, I am rather puzzled, why would some one buy it at an higher price now? Anyone has any clue? :-) 

Are you vested in Super Group, will you be accepting the Offer? 

Cheers!

Tuesday, March 14, 2017

Singapore's Hospitality Trusts Comparison - Which One Came Out Top?

Hospitality Trusts In Singapore
Personally, I have a number of REITs (Real Estate Investment Trusts) and quite inclined to this investment instrument. One of the main reason of course is for the Dividend Yield. Am currently vested in Accordia Golf Trust, Soilbuild Business Trust, Lippo Malls Trust and Cache Logistic Trust, mostly minion size though. 

On second look, I noticed one thing! I haven't been vested in any Hospitality Trust before. Hence, this triggered me to look deeper in all the Hospitality Trusts available in Singapore and did a brief comparison (see below):

Hospitality Trusts In Singapore
Singapore's Hospitality Trusts Comparison (sorted by Name)
In fact, there are not that many Hospitality Trusts around, six to be exact. Those yellow highlights are deemed favorable indicators and out of the six, Far East Hospitality Trust (Q5T) came out top, purely by comparison. Besides, I quite like the fact that it has not launched any Rights Issue so far, which I viewed it as a positive sign. 

Having said that, there are a few things about Far East Hospitality Trust worth considering before making the plunge :

1. Declining business performance in view of the competitive market:
Far East Hospitality Trust
Source : Presentation Slides of Far East Hospitality Trust
2. Declining Dividend Distribution History:

Far East Hospitality Trust Dividend Distribution History
Far East Hospitality Trust - Dividend History
3. Concentration risk - Far East Hospitality Trust only has Hotels/Residence in Singapore and the market is rather competitive. 

Are you vested with Far East Hospitality Trust? What is your view? 

Cheers!

P/S: Do you own due diligent (DYODD)

Sunday, March 12, 2017

Kimly IPO - The Complete Resources

By now, I am pretty sure that most of the retail investors know that the upcoming IPO in Singapore is non-other than the home-grown traditional coffee shop, Kimly Limited (金味)

Everyone are excited about it! Or is it? 

Anyway, following are some of the gist of Kimly's IPO:

Company                 : Kimly Limited
IPO Price                 : $0.25 per share
Size of IPO Shares  : 3.8 millions shares
IPO Close On          : 16th March 2017 (Thu), 12 PM
First Trading Date   : 20th March 2017 (Mon)

For those who like to read up more more details, check out the Kimly IPO Prospectus and Product Highlights Sheet.

I've also took this opportunity to briefly comb through the financial blogshere and and generally gotten the signal that it would be a hot chilli padi.. (read : positive)

If you are keen to see what are the other local financial bloggers' views and analysis about this upcoming IPO, check out the links below:  

1. From my friend, Brian (owner of A Path To Forever Financial Freedom) : Kimly Limited IPO - Should You Be Getting This?

2. From  Singapore IPOs (Mr IPO) : Kimly Limited (note: Mr IPO is vested in this company, probably through the Private Placement)

3. From 10% Per Annum : Kimly IPO - Exciting Stuff?

4. From Singapore Stock Investing (SSI) : Kimly IPO

Oh, if you are new to IPO and not sure how many shares to buy, check out the timely analysis done by The Finance SG : How much shares should I apply in a IPO?

Personally, I will be trying my luck next week too! :-) Having said that, with mere 3.8 millions shares, I think you got to be very lucky to get it :-)

Cheers!

Monday, March 6, 2017

Logan - 3 Things We Can Learnt From It (About Life and Investing)

Logan
After the big hoo-hah on the upcoming 30% water price hike (from Budget 2017), the latest viral news that keep popping-up in my social media profiles is non-other than the just-released blockbuster movie, Logan

Logan, supposedly the last installment of the standalone Wolverine movie to be helmed by Hugh Jackman, as the titular role). To me, it is also the BEST wolverine movie thus far and possibly the best X-men movies too.

It is refreshing, it is bold (rated M18 in Singapore and rated R in the USA) and it is unforgiving-ly emotional. 

Every good movie can teach us one or two things about life (or for that matter, about investing). So, following are the 3 things that I've learnt from Logan, the movie :

1. Everyone go through the similar life cycle about life struggles (at some point in life), going through aging and death. Regardless of who you are and how powerful or wealthy you are (or used to be), I am sure you have your fair share of struggles (in life or about life) and ultimately, the end result is almost the same i.e. aged and certain death. The only different is : when and for how long (in relation to the struggles and aging)?

So, while we are still healthy and full of energy, make a difference to the people around us (positively). Just like how Logan helped the young mutants to escape from the villain. Of course, if you are good in investing or making some extra passive incomes, do share your "secrets" too! :-)
Logan
Aged Logan aka Wolverine
2. There is/are always someone better than we are. Again, regardless of how powerful, skillful or wealthy you are, there is/are always someone else one notch better than you. The only way to go about it is to accept the fact, live life humbly and embrace each other. You thought wolverine with the blood thirsty claws and self-healing power is unbeatable? Wait till you see the X-23 aka Laura Kinney (by Dafne Keen).

Same thing in investing, if you think you are unbeatable and found a sure-win formula, don't be too happy as yet... :-)
Logan x23
X-23 in Logan
3.  Collaboration is the way to go in life. In the movie, all the young mutants collaborate together (with the help of Logan) to fight against and won over the villains. To win in life, we need to collaborate with others and embrace each others' strength and weakness so as to win over every day's life challenges. If you win alone, it still means you are losing something.

How do we collaborate in investing? I guess by discussing/sharing some financial and market news/insights among the peer retail investors is one way of collaboration. Currently, the most effective way to do it is via Whatsapp chat group! Those friends in my financial bloggers chat group know what I am talking about :-) 

If you've not watched the movie yet, what are you waiting for?

If you are still not convinced, do check out my non-spoiler review here:


Or the movie trailer here:

Have you watched Logan? What is your review?

Cheers!

Saturday, February 25, 2017

The Rise And All Of Leicester City In The EPL (Guest Post)

I predicted before the start of the season that Leicester would get relegated before they ever won the EPL again but I didn’t expect my prediction to come true so quickly. Leicester have all always been a bit of a yo-yo club but at least this time when they go down, the can say they won the EPL, something only 5 other clubs have done. Whatever Leicester players achieve in the rest of their careers, they'll never top last season. All the energy was put into winning the title last season and there's no fight or hunger left anymore. Changing manager would help but it would be a difficult and harsh decision considering what Ranieri achieved last season.

Though all the signs are there, Leicester are yet to be officially relegated. Many people on online betting facebook pages are predicting Leicester to go down but are they making the right assumption? Leicester still has some very good players at the club and the club doesn’t currently sit in the bottom 3 so basically everything is still in its hands. Add to this the fact that the club has still got fixtures against teams below it in the table including games against Sunderland, Bournemouth, Palace, and Hull. The flip side is that Leicester has Arsenal, Everton, Man City, and West Ham away plus home ties against Liverpool and Spurs. The aforementioned clubs are either fighting for the title or CL/Europa places so I don’t expect Leicester to pick many points from the games mentioned above. Nonetheless, the club has enough opportunities to take points off relegation rivals so if I was a Leicester fan I would't be throwing the towel in just yet.

Contrary to what many people are saying, I do consider Ranieri worthy of the credit and praise he got for Leicester winning the EPL last season. Ranieri did an amazing job last season. He did a great job of building on Learson’s success. He made Leicester tactically brilliant and took them to their first ever EPL title. For that, he will always be a legend. What is happening this year is a shame but you cannot put all the blame for it on the manager. Many people have contributed to the debacle and there is a collective responsibility. Also, it is apparent that there is something the players aren’t happy about. As they’ve already given their backing to the manager, the problem is probably with game prep or wages. This clearly points to one thing: the owners and not the manager are responsible for Leicester’s fall from greatness this season.

Last season, Ranieri took over the team and managed it well but his real test was this season. Though he tried everything in his locker, Ranieri couldn’t prevent Leicester from hovering just above the relegation zone for the majority of the current season. The good thing is that Leicester’s fall from grace and abysmal performance will be quickly forgotten if Ranieri manages to save the club from relegation.

Friday, February 17, 2017

Bid Farewell To UMS Temporarily

This is will be a rather short post. 

Finally, made my first transaction in 2017 yesterday. I have decided to release all my UMS shares at 70 cents yesterday. In fact, UMS is one of my best performing stock so far (about 27% capital yield, excluding dividend). 

The reason for my selling? Because it has met my threshold and its P/BV (Price over Book Value) is at a higher side now (at 1.55). 

I strongly believed that I will get back into it again in the near future as the business is still in good shape and the dividend yield (8.8%) remains tempting. UMS has been paying me 6 cents annually for the past 2 years.

Are you vested in UMS? If yes, are you considering realizing some profits from the recent price hike too? 

Cheers!

Monday, February 6, 2017

Ladies have Earrings And Gentlemen Have Cufflinks (Guest Post)

When come to fashionable accessories, ladies have the the upper hand as compared to gentlemen. Of course, nowadays there are many accessories which are unisex, like wristband, necklace and even earrings, especially for the youngsters. 

If you asked me, one of the more masculine and yet fashionable accessories is cufflinks. My first encounter with cufflinks was during my engagement ceremony umpteen years ago (> 15 years). In fact, that was the first time I get to know that there is such a miniature functional thing in the world and I wore it during my engagement ceremony for the first time. Yeah, I got to admit that fashion is not my cup of tea then, in fact, even till now :-) 

I remember during that time, online shopping is unheard of and we got to go around a couple of big departmental stores to look for the right design that match my shirt/coat. 

Nowadays, you can get your favorite cufflinks at the comfort of your own home and get it delivered to your door step within the same day (free of charge). One of the local online stores providing such specific service is Eminence Cufflinks

There are plenty of designs to choose from and one of my favorite is called Heterodoxe, a mini-watch movement mechanism (industrialist steampunk theme) with a balance wheel that oscillates when wound. It is suitable for business-wear as well as casual occasion.   

Heterodoxe cufflink 1
Heterodoxe cufflink 2
Oh yeah, Valentine's Day is just around the corner, for ladies, maybe you can consider getting cufflinks as the Valentine's Day gift for your man.      

Cheers!

Saturday, February 4, 2017

Brief Take Away from My Recent Eastern Europe Trip

I am back and HAPPY CHINESE NEW YEAR to everyone!

Time flies, just back from my 10 days trip to Eastern Europe, covering 5 countries (Germany, Poland, Czech Republic, Hungary and Austria) and brief stop over at Slovakia for lunch. So, theoretically should be covering 6 countries. :-)

It is winter at Europe and our first time experiencing the brain-freezing, limbs numbing sub-zero temperature (the lowest was -8%), which is no fun if you are outdoor for an extended hours. Overall, it was a great experience and we (me and my wife) thoroughly enjoyed the trip.

There are a few take-away from this trip which I would like to share here...

1. Always do homework before the trip, even though it is a group tour. Just like in investment, even though you are going to invest in some unit trusts or ETF (which are supposed to be "managed" by the pros), you still need to do some homework about what you are getting yourself into or finding out something that you can't do without (e.g. minimum dividend yield). For our trip, I did an extensive research for the pre-paid data plan(s) and I think I managed to get a really value-for-money deal (in my opinion) from our very own provider, Changi Recommends.

It's called "Pay As You Go" from three.co.uk @ SGD 48 (with 4 GB data and validity period of 30 days, upon activation. The best part is that it is covering almost all the European countries, including UK). My tour manager told me that it is not advisable to get it from Europe as usually their plan only restricted to one or few countries only. Highly recommended if you need to be in always-connected mode. Note: most hotels and restaurants in European countries do have wifi service but the network stability is of no guarantee.    


2. Always get yourself covered! I am referring to the Travel Insurance here. Even though I didn't make any claim out of this trip (touch wood) but there was a pick pocket incident happened to one of our travel mate. A police report was made and hope he can get some compensation from his Travel Insurance. For Travel Insurance needs, I usually go to gobear.com.sg  

3. Most important thing to do during travelling is to ENJOY ourselves. For long-haul group tour, usually there will be few optional tours (i.e. we need to fork out additional $ for the tours). For example, in our case, there is an optional tour to the Wieliczka Salt Mine (one of the UNESCO site) at Krakow, Poland @ Euro 55 per person. Prior to the trip, we already made some research (related to item #1) and decided to go for this must-visit place of interest and we all did! It was a great experience walking down (via wooden staircase) 320+ meters underground, witnessing the marvelous salt sculptures as well as tasting the really salty stream. We thoroughly enjoyed it. 

Wieliczka Salt Mine
Wieliczka Salt Mine
Wieliczka Salt Mine
  
4. Keep an open mind. You may be surprise at the inferior level of customer service at some of the European countries, and many of the servicing staff at the shops or malls cannot converse well in English. So, just need to be patience, speak slowly and open your ear big big :-)

Cheers!

Saturday, January 21, 2017

Money Is A Story....

Seth Godin
I am currently in the midst of reading a gigantic book called "Tools Of Titans" (from Tim Ferriss, the famous author that brought us 4-hour workweek in 2007).  Effectively, it is a compilation of key takeaways from his previous interviews/podcasts with the hundreds of successful heavyweights over the world, including Tony Robbins, Arnold Schwarzenegger, Seth Godin, Jamie Foxx, Peter Thiel and many many more... 

Tim cleverly categorized zillions of gems into three key segments : HEALTHY, WEALTHY and WISE. I am still at page 587 of 1,596 of the ebook and it just happens to be the interview of one of my favorite author : Seth Godin (he maintained a blog with daily nuggets of meaningful post, check it out here). So, the title of this blog post is not from me, it was actually from Seth Godin (under the WEALTHY segment). The complete sentence (extracted from the book, Tools Of Titans) is as follows:

"Money is a story... And it's better to tell a story about money you're happy with" 

I like it because it's kind of abstract (from the first sight) but when you think deeper, it's kind of true too. The way I interpret it is : money can be a friend or foe, depending on how we manage it (or it manages us in some situation), we should always aim to share an happy story about money (whatever it is to you).   

How do you interpret this...?

Cheers!

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