My Stock Dividend Income For Nov 2018

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Stock Portfolio (Cash)

The following companies will be contributing to my Nov 2018 Dividend Income:

Among the companies above, I will be looking to accumulate more shares for Ascendas Hospitality Trust and SATS when the opportunities come. Looking forward to getting my money back from RHT Health Trust after the buyout deal. I am not sure if there will be any further dividend since the dividend paid was for the period until 30 Sep 2018. Hopefully, there will still be dividend paid to shareholders after the deal. I will probably stay away from healthcare related stocks moving forward. First REIT and RHT have not been good for my wealth and health so far. keke

P.S - Stay tune to my blog as I will be updating my annual dividend collected for 2018.

Will I Buy Asian Pay Television Trust's Shares?

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

The Figures

I like to check out a company's financial figures in SGX's website before doing further research into a company.

Screencap taken from SGX's website. I am not aware they have business in Singapore...hmmm

Payout Ratio More than 100% for a few years!! Can sustain meh?

Debt/Equity increasing over the years

The Business

Personally, I feel Cable TV business is a sunset industry. Millennials and those who are tech savvy are consuming content on the go or via other channels. This business segment is not likely to grow further unless they could produce original content (such as what Netflix is doing).

From my understanding, APTT offers 300 Mbps maximum speed for broadband access. I do not know what's the highest current speed available in Taiwan. I think the likelihood of broadband prices increase is very low. However, they will need to upgrade their equipment to keep up with Internet speed. There's other choices for internet access such as mobile broadband. 5G another potential threat? In Singapore, broadband prices has also been coming down over the years due to intense competition.

Companies that are technology driven has to be innovative and quick to react to changes in their industry. Remember Nokia? When other handset manufacturers adopted Android OS, they were still stuck in Symbian Era. Imagine if Netflix is still sending DVD or Blu-Ray movies by mail, would they still be around? Customers do not want to wait for days in order to watch a movie.

My Verdict

Even though the company could be undervalue from P/B and PE ratio perspective, I would avoid investing in a company which is operating in a sunset industry and doesn't have a turnaround story to tell.

I Did A "Share Buyback" Today

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Background

I previously wrote a few blog posts regarding SATS. My purchase price was $4.66. However, I sold off when the price hit $5.44.

Recently, the price has fallen. I am still liking the business and so I decided to buy back the 1000 shares which I have sold earlier.

Who Else Is Buying?

Is now a good time and price to invest in SATS? The company has been buying back it's own shares over the last 2 months. The price which they pay for is between $4.82-4.93.

Screenshot from Spiking

Both revenue and profit of the company is still growing. The dividend has also been growing over the years. Based on my purchase price of  $4.85, my dividend yield would be 3.71%. Even though the current yield is not exactly attractive, I am also looking for capital appreciation in this company. DBS gave a Buy recommendation today: link.

I Will Take More Units Please

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

I just received the DRP letter from Frasers Commercial Trust yesterday. The offer price is $1.3582 for each Unit. As the title of the post suggests, I would be taking more Units again. But is FCOT a good buy currently?

At the time of writing this Post, it has the lowest gearing and P/B among the commercial REITs with local assets in Singapore. P/B is 0.85 based on issue price of $1.3582.

AEI for China Square Central target to complete by 2H2019

Based on the recent DPU of 2.4 cents, I forecast the dividend yield for the DRP's price to be (2.4 x 4)/1.3582 = 7.07%. Alexandra Technopark's occupancy stood at 70.2% as at 30 Sep 2018. Hopefully, the occupancy would improve and give a boost to the subsequent distribution as Alexandra Technopark's AEI should be nearing completion.

My Stock Dividend Income For Oct 2018

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Stock Portfolio (Cash)

The following companies will be contributing to my Oct 2018 Dividend Income:

Some of the above companies are doing pretty badly currently. I would not buy more even if their price drops.

On a side note, I got a pleasant surprise last night when I saw the dividend news from Religare Health Trust. This will probably be the final dividend from RHT following their buyout. The recent result looks pretty bad. It might not be a bad idea to say goodbye to this company. Notwithstanding the bad result, this distribution from RHT would give a bump to my dividend income for Nov.

My Stock Dividend Income For Sep 2018

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Stock Portfolio (Cash)

The following companies will be contributing to my Sep 2018 Dividend Income:

Huge drop in dividend income for Sep compared to last 2 months

Dividend Income increases y-o-y for Sep

Freecash Anyone? Part 2

Part 1 link: here

Method 2:

Today, I will share a way how I get free cash in Singapore. It is through a mobile app which is known as soCash. The app could be downloaded through my referer link: here. If download using my link, both of us would earn additional $3 each. Only the referer would earn extra $3 Freecash at the time of writing of this post. Once you download and sign up with the service, you could also refer your family and friends via your own referer link. This app simply allow allows users to withdraw cash from provision shops such as 7-11 instead of the traditional method of queueing at atms. In order to use this app to withdraw cash, a DBS IB account or Paylah! is required. The amount withdrawn can be deducted from either your DBS/POSB Savings or Multiplier account. 

The mobile app can track your location if GPS is on or you may also key in your postal code to check if there's any nearby shops that support cash withdrawal. For first timer, you will also earn free $5 which can only be offset from the amount that you withdraw during your second time using of the app. Overall, you will earn minimal $8 by downloading and using this app. The best part is you can earn even more cash just by withdrawing more frequently.

Minimal withdrawal is $10. I always tell the shop how much I wish to withdraw first in case they don't have sufficient cash.

Earning More

In order to earn free cash everytime you withdraw cash, choose those shops which show PROMO as shown in the screencap below. Click > to view the Promo. From my own experience so far, 7-11 requires purchase. The app would indicate if any purchase is required.

How Safe Is It?

The minimarts are equipped with a handheld device which either generates a barcode for you to scan or they scan a barcode that's generated on your mobile phone. After that, you will be prompted to either using DBS IB or Paylah!. For Internet Banking, you will need to key in your userid and password. After which an OTP will be sent to your mobile phone via SMS. You will need to key in this OTP into the App in order to proceed to withdraw. Upon successful authentication, the minimart's device would also get an acknowledgement that the transaction is valid. 

Free 30-day OFO pass

There's also a free 30-day OFO pass promo now for new users who does 2 soCash withdrawals within 7 days of signing up. The code will be sent to the registered mobile no with soCash. 

So sign up today! Use my link please so I know I am not talking to the wall.

7-10-2018 Update - Do check out soCash's latest T&C's at this link: here. Some of the conditions may change overtime and this post may not be up-to-date with these changes.

My Stock Dividend Income For Aug 2018

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Stock Portfolio (Cash)

The following companies will be contributing to my Aug 2018 Dividend Income:

There's double records for CRCT and Starhill Global as I bought them on different occasions. For recent purchases, I separate them from previous purchases for my own record purposes. I managed to clock another $2k+ dividend for Aug 2018.

As an income investor, the below chart is what I strive to achieve. My dividend income received is growing over the years. A steady stream of income coming in month after month is achievable if you put your mind to it. Of course, we should not invest simply based on high dividend yield. 1 of the criteria is the company needs to be able to increase or maintain the DPU over the years. It would be nice if the company has some dividend policy where they are committed to pay certain amount of their profits back to shareholders in the form of dividends.

I will create a separate post for my Sep result which would see a sharp decline in dividend compared to July and Aug.

Freecash Anyone?

For today's blogpost, I will be talking about how to get free money if you are residing in Singapore. No, I am not referring to signing up for some credit cards in order to get some cashback.

Method 1:

If you are a Singaporean, you probably have heard about SG Bonus by now and how much you would be eligible for. The amount is either S$100, S$200 or $300. If you are unsure, check out this CNA link: here. The key takeaway from the article to receive the money sooner is to register NRIC number to PayNow.

I will now cover the steps to register your NRIC no to PayNow.

Step 1: Login to DBS Internet Banking website. Choose Transfer > To PayNow (Mobile Number, NRIC, or UEN). Click on Register My NRIC.

Step 2: Select the DBS Account which you would like to link to your NRIC. Also input your Name as shown below. Next step is the verification of the info that you have entered.

Upon verifying the details are correct, the Completion screen would similar to the screencap as shown below. You would also receive an SMS from the bank that you are registered for PayNow.

By now, you might be thinking the money is taking too long to arrive. What if you want some free money sooner. Fret not. I will cover method 2 in my next article. Stay tuned. Do share this blog post if you find the info useful and know someone who might be interested.

My Speculative Play Result With Religare Health Trust

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Background

I first bought RHT's shares in 2017 when there were news that their Sponsor was going to do a buyout of RHT's shares. My intial purchase was done on 28th Feb for 3000 shares at $0.85. I was doing a queue and I managed to get 3000 shares before the Market closed. I subsequently sold off my 3000 shares on 11th Aug at $0.87 after getting a round of dividend in May 2017. I will exclude this purchase when I calculate if I profit or lose from the buyout deal.

Majority of Shareholders seem to be satisfied with the deal. 94.24% voted Yes! Wow!

Next, I will calculate if I made or lose money with the deal. Hopefully, the result will not send me to hospital.

The Result

On 20th Nov 2017, I made a purchase of 10000 RHT's shares at $0.845. This time round, my intention was to hold until the deal ended. Another purchase of 12000 shares was done on 14th Feb 2018 at a price of $0.815. A final purchase of 10000 shares was done on 16th April at a price of $0.79. 

I have tabulated the total dividends that I have received so far from RHT which worked out to $1321.20. The Total Cost below included commissions that I paid when I bought the shares. I am aware that there is a so-called 5% retention of the net proceeds. I do not know what will happen to this amount of money. Pay year-end bonus to the Management for a well done job? Huge support from shareholders ought to justify a fat bonus. Or return remaining amount back to shareholders eventually? To be honest, I rather they just delist the company and return remaining proceeds back to shareholders sooner than later. Who's going to pay for RHT's daily operations and staff salary when there's no more rental income? Where's the money going to come from? I am rather disappointed with the deal. Hopefully, I can still squeeze some final dividend from RHT before the deal is finally concluded and $0.766 is returned to shareholders.

Call me an ambulance please!

I wouldn't expect to get back much more after the $0.766 payment. I would be happier or should I say less angry if another $0.03 is returned to me for the lousy deal. NAV was $0.786. In my opinion, it's like buying the assets with a slight premium above the NAV (which was around a year of dividends). Technically, those of us who bought RHT's shares this year and in the $0.8x range are getting a bad deal. I wander what did the Management team said during the EGM to convince shareholders to take the bitter pill. 苦口良药？

Lesson learnt: If buying a company's share that's trading above the NAV, there's a chance of getting screwed if a buyout or delist occurs. The share price may have fallen during that time and the offer price could only be a slight premium above NAV or worse still current price. Of course, there are good REITs like Capital Mall Trust and Parkway Life which is often trading above the NAV. I would not mind buying them above the NAV price. One important criteria when we want to build a huge position in any company is the Management's interests need to be aligned with the shareholders. Are they getting the best deal for investors such as yield-accretive acquisitions? Or are they buying properties just to earn fees? Unfortunately, I have already liquidated my positions in CMT as I find the yield no longer attractive.

P.S - Watch out for my next blog post where I talk about how to get free money for those living in Singapore. If not free money I chop! 

Dividend History of RHT. Screencap from Dividends.sg

Give Me More Dividend Pls. 

...

I Bought Tesla Shares Hours Before CEO Got Charged!

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

I bought Tesla stocks before I went to bed last night. I got a shock in the morning when I turned on the TV and saw Ceo Elon Musk was charged by SEC for misleading investors with his tweet. The tweet was sent on 7th Aug that he was considering taking Tesla private for $420 per share and funding was already secured. Hmm..can I sue SEC for making my Tesla share price fall? The event had taken place for almost 2 months ago. Why charge him only now when investors thought that's water under the bridge?

 See? I really bought Tesla and suffered more than 10% drop in 1 day!

Did I mention I bought JD shares weeks before Ceo was arrested on allegation of rape? I also bought Alibaba shares few days before Ceo Jack Ma announces he was going to retire in a year's time. Hmm...I wander what would happen if I buy Berkshire Hataway B shares. Maybe I should start a business to help shortists to short the Market.

我命犯天煞股sink, 买哪只股，它就掉

Why There's No updates to My Blog Recently? :(

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Stocks

I am currently in China and my laptop is unable to circumvent the Great Firewall Of China. I always blogs using my laptop as it is easier compared to using a tablet. That's why I have yet to update my dividend results for Aug 2018.

With the ongoing trade war between US and China (or issit rest of the world?), there could be further opportunities for stock investors to go bargain hunting.

HSI has experienced an 18% drop from it's peak in Jan 18!

China giant stocks such as Alibaba, Tencent and JD has also taken a tumble. To make things worse for JD.com, the ceo was recently arrested on allegation of rape. Investigations are still ongoing and he was released without any charges as of publication of this blog post. For Alibaba, Jack Ma just announces he would be retiring on Mon to devote his time to philanthropy causes. I am currently invested in Alibaba and JD. These 2 companies together with Tencent are the 3 China stocks that I would focus on if China stocks continue to dip.

Forex

I am still demo trading Forex. My method of trading Forex would be automated using EAs and without having to look and study technical charts. Based on current market conditions and statistical performance of the EAs, I would select which EAs to use to trade. It is still a work in progress and I am still in the midst of tweaking how to choose which EAs to choose and when to switch them. I hope to achieve an average gain of 5% per month from a 10K account when I eventually go live. The reason why I am considering Forex trading is to diversify risk from stocks investing. I am also putting money into safer investments such as Singapore Savings bonds. SSB is a good place to park our money while waiting for investing opportunies. Always choose the instruments to buy or sell based on your own risk appetite and comfort level.

Greetings from China!

That's all folks! Happy trading and investing!

Is this REIT a value Buy at it's Current Price? - Conclusion

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Part 1 :  Link

Capitaland Retail China Trust has recently released it's quarterly result. I have highlighted the portion which I as a shareholder would be interested in. The headline may looks good that distributable income have risen by 10% but more Units could be issued which end up diluting our income. End of the day, growth of DPU matters most to income investors. Fortunately, DPU does improve y-o-y amid not exactly a stellar result. With that said, would CRCT still be a good buy?

Based on an annualised DPU of 10.59 cents and a closing price of $1.54, an annualised dividend yield would be 6.9%. Whether that's an acceptable yield would be up to individual. My recent purchase price was $1.49. Based on that purchase price, my dividend yield would be 7.11%. The total number of CRCT shares that I owned at the time of writing this post is 11422 shares. 

Latest Financial figures:
Occupancy - 97.4%
Gearing - 32.1%
2Q 2018 DPU - 2.64 cents , 0.8% increase y-o-y
NAV - $1.71 (discount to NAV)
Average Cost of Debt - 2.60%
Interest Coverage - 5.9%
Unencumbered Assets - 100%
80% of debt is hedged into fixed rates

Those interested in purchasing some retail REITs shares, could compare some of these  metrics with other retail REITs to decide which stock would make a better purchase at their current price and dividend yield. What I like about CRCT is the option to receive dividends in the form of Units. If the price continues to fall, I could elect to receive Units instead of Cash. The downside is ending up with odd lots. Since I plan to hold this stock for longterm, this issue doesn't matter to me.

My Stock Dividend Income For July 2018 - Crossing the 2k mark

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Stock Portfolio (Cash)

The following companies will be contributing to my July 2018 Dividend Income:

Contemplating selling 1 of the companies in the above table. 

Good news for Frasers Logistics & Industrial Trust shareholders who hold the company shares on 18th May. We will be receiving extra pocket money on 7th Aug. XD should be 19th May and not 16th May as shown above. I also bought more Frasers L&I Trust shares using CPF OA this month.

RHT Health Trust has also finally repaid the outstanding amounts for 9MFY2018 and 4QFY2018 due from Fortis. My dividend income in a single month has also finally crossed over 2K with this payment. This will probably be the highest amount I would ever see for 2018.

A dividend of a thousand dollars begins with a single step. Save. Invest. Repeat.

Is this REIT a value Buy at it's Current Price?

Disclaimer: This blog post is for entertainment purposes only where I share my findings and opinions about stocks. It does not constitute any buy or sell recommendation. Always DYODD before making any trade or investment decision.

Background

The company that I want to blog about today is none other than Capitaland Retail China Trust. This REIT may have slipped under the radar of many investors as I don't really hear many people talk about it and the transacted volume is not as high compared to it's big bro, Capitaland Mall Trust. Disclosure: I currently own some shares in this REIT .

I have read it's presentation slides for Citi ASEAN C-Suite Investor Conference 2018 held in June 2018. As usual, I will highlight some points in the slides that I find worth noting for this REIT.

The beginning of the slides already caught my attention. The dividend yield was reported at 7.1% based on annualised 1Q 2018 distribution per unit of 11.15 cents at closing price of $1.58 on 31 March 2018. That's a very attractive yield compared to most of the Retail REITs with malls located in Singapore. However, yield is not everything. Let's look at other financial figures to find out if CRCT is really attractive at current pricing. The share price is currently lower than $1.58 at the time of writing this blog post. This means the yield is even higher!

Above 7% dividend yield! Nice!!

The REIT Manager is capable of growing the assets and distributable income steadily over the last 10 years.

Gearing looks good at 32.5% . Cost of debt is only 2.51%. As a comparison, CMT's cost of debt is 3.2% and interest coverage is 4.8%. Since we are now in a rising interest rate environment, it is especially important that the REITs that we own has a low cost of debt and a high interest coverage. Similar to CMT, all CRCT's properties are 100% unencumbered. 

The Manager has completed a 51% stake acquisition of Rock Square Mall in Jan 2018 as a joint venture. Occupancy of this Mall has improved to 97.1% from previous 96.4% and the rental reversion rate has improved immensely by more than 20%. This demonstrates the capability of the REIT manager to improve occupancy and rental rate of it's malls.

The slide below shows the occupancy rate of it's various malls. 1 thing to note is there are currently 2 malls under stabilisation. We should expect the DPU to further grow after the stabilisation has completed. 

The slide below shows the rental reversion of the Malls. Most of the Malls have positive rental reversion. There are only 2 malls with negative reversion and the reasons are shown under Notes.

Current NAV is $1.67. Share price as at 18 July 2018 is trading at a discount to NAV.

To Be Continued ...