portfolio update december 2016

Dividend by month

1) singtel
2) fcot sgx capitacom lian beng starhillg fct sphreit
3) spost lum chang taisin
4) roxy
5) fcot steng sgx  uob sph starhillg fct sphreit
6) tcil ocbc lkh
7) singpost
8) fcot singtel metro plife  ocbc  capitacom starhillg sci steng fct singpost sphreit
9)  uob tcil
10) sgx lian beng ngi
11) fcot taisin sgx spost  lum chang starhillg fct
12) sph sats ksh


Remarks:



portfolio auto-building in progress :

my comments:

Added sph reit, this counter usually XD and pays 2 weeks before the other reits counters in my portfolio. Useful in the sense that the dividend from sph reit can be used to add to the other reits and then the increased dividends enjoyed used to add more sph reits. defensive nature of reit and low gearing.

As mentioned in previous month comments, lkh is trending upwards as anticipated.

Nothing sold.

Will continue to add more reits, as reits constitute slightly less than 20% of my portfolio.



Overall,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.

No further input is necessary. Portfolio creates the income every month and gets reinvested. One reinvestment move means one more continuous stream of income in the future.

Market up or down doesn't matter too much, in fact is not a bad thing after all. Dividends provided new cash flow as compounding and dollar cost average tool.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

portfolio update nov 2016

Dividend by month

1) singtel
2) fcot sgx capitacom lian beng starhillg fct
3) spost lum chang taisin
4) roxy
5) fcot steng sgx  uob sph starhillg fct
6) tcil ocbc lkh
7) singpost
8) fcot singtel metro plife  ocbc  capitacom starhillg sci steng fct singpost
9)  uob tcil
10) sgx lian beng ngi
11) fcot taisin sgx spost  lum chang starhillg fct
12) sph sats ksh

Remarks:



portfolio auto-building in progress :

my comments:

Sats and ksh added earlier in the month using dividends received. these counters both supply dividends in 8 12 months. sats has corrected downwards from a high of 520 and ksh has a growing nav trend and a consistent dividend history. Entered before results announced.

Added more starhill during a selldown which gave dividend 7%pa yield on this counter. this would reinforce the incoming 2 5 8 11 months

i did not add more lian beng as i wanted to spread out more evenly. i'd like to add some comments on lian beng. this counter is deeply undervalued imo. pb less than 1/2. and in the last 1-2years up to as recent as 1 week ago, its been on a buying spree when others are watching their pockets closely. if my memory serves me right, it spent more than 200m on hdb heartland commercial properties, khong guan building and melbourne building. good if it can maintain its feb 1c dividend.

i added lkh at around 54c. this counter is slowly going up. rnav is est. more than $1. dividend in june. so i would expect it to trend beyond 60c in the coming months, barring unexpected events.

taisin is holding up at 36.5-37c. it made a very bullish move of increasing its dividend from 1.5c to 1.6c after quite a long time, and in the midst of a troubled economic environment. nav moved up to 38c making its current price a bit undervalued. this counter is rather steady and progessively growing.






Overall,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.

No further input is necessary. Portfolio creates the income every month and gets reinvested. One reinvestment move means one more continuous stream of income in the future.

Market up or down doesn't matter too much, in fact is not a bad thing after all. Dividends provided new cash flow as compounding and dollar cost average tool.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

nam lee pressed metals

http://paullowinvestmentjourney.blogspot.sg/2016/10/portfolio-update-for-september-2016.html

i divested my entire nam lee pressed metals about two to three months ago, after it hit a high of 40c.

my net net price was about 25c.

my thinking was that

1) dividend wise, it has reached a high of 2.5c in 2016 and it has been paying out 1.5c since 2011. thus i feel that this might not be able to be sustained in the coming year.

2) my overall gain from this counter was about 20% pa for my 2-3 years time frame. if this could be extrapolated theorectically, i would be looking at 46-50c by next year, which i feel is not likely at all.

3) thanks to hopeful analysts who wrote very bullishly about this counter and even had a target price of 60c+, the crowd came in and help push it up beyond 40c.

4) normally my preferred holding period is long term to perhaps forever, but then, presented with such bullish prices well beyond my expectation, it really leaves me with little choice but to sell off my entire stake

Indeed, when the result were announced a couple of days ago, earnings came down. the nav retreated. and naturally, the dividend also came down to 2c, 1c normal and 1c special. As expected, following that announcement, the price took a beating.


2/12 price did recover. however, imo risk is higher as this means yield is just around 5%, a yield which an investor have other choices in bigger companies with greater safety profile.

portfolio auto-building update - october 2016

Due to a few requests that my profolio update is useful for their reference, I decided to update it.

Dividend by month

1) singtel
2) fcot sgx capitacom lian beng starhillg fct
3) spost lum chang taisin
4) roxy
5) fcot steng sgx  uob sph starhillg fct
6) tcil ocbc lkh
7) singpost
8) fcot singtel metro plife  ocbc  capitacom starhillg sci steng fct singpost
9)  uob tcil
10) sgx lian beng ngi
11) fcot taisin sgx spost  lum chang starhillg fct
12) sph

Remarks:



portfolio auto-building in progress :

tcil dividend used to add to lian beng.

lian beng dividend used to add to sgx.

sgx dividend used to add to lum chang.



Overall,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.

No further input is necessary. Portfolio creates the income every month and gets reinvested. One reinvestment move means one more continuous stream of income in the future.

DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 




( Advertisers who want to advertise pls drop me an email paulcoke8@gmail.com, All proceeds will be donated to charity)



disclaimer :


The contents of this Website are provided to you for general information only and should not be used as a basis for making any specific investment, business or commercial decision. These pages should not be construed as a recommendation or an offer or solicitation for the subscription for, purchase or sale of, any stocks mentioned herein, or, in any jurisdiction to any person to whom it is unlawful to make such a solicitation or invitation in such jurisdiction. They do not have any regard to your specific investment objectives, financial situation and any of your particular needs. Author's gains from investment might not be replicable by merely following what is being presented, as the quantity purchased or sold and the time in which the action was carried out, are not being stated. Blog forms a record of the author's investment portfolio and thoughts. Should readers find any ideas or actions useful for themselves, use it at your own risk.


Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any

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Dividends still don't lie - look at this case study

SAKAE HOLDINGS LTD.DIVIDEND04 Jun 201508 Jun 201519 Jun 2015SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND15 Sep 201417 Sep 201424 Sep 2014SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 201409 Jun 201420 Jun 2014SGD 0.015 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND13 Sep 201317 Sep 201324 Sep 2013SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND06 Jun 201310 Jun 201321 Jun 2013SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND04 Sep 201206 Sep 201220 Sep 2012SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND06 Jun 201208 Jun 201221 Jun 2012SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND03 Jun 201107 Jun 201121 Jun 2011SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND01 Sep 201003 Sep 201020 Sep 2010SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND07 Jun 201009 Jun 201023 Jun 2010SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 200809 Jun 200823 Jun 2008SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND19 Apr 200723 Apr 200708 May 2007SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND19 Apr 200723 Apr 200708 May 2007SGD 0.035 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 200607 Jun 200621 Jun 2006SGD 0.01 LESS TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 200607 Jun 200621 Jun 2006SGD 0.0018 LESS TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 200607 Jun 200621 Jun 2006SGD 0.0042 ONE-TIER TAXSAKAE HOLDINGS LTD.BONUS17 Mar 200621 Mar 2006OFFER OF 1 FOR 5SAKAE HOLDINGS LTD.DIVIDEND03 Jun 200507 Jun 200521 Jun 2005SGD 0.01 LESS TAXSAKAE HOLDINGS LTD.DIVIDEND03 Jun 200407 Jun 200421 Jun 2004SGD 0.01 LESS TAX


Bonus issue. No rights issue. Sounds good. Looks like a lot of dividends. Looks good too.

Wait a min.

Dividends increased to 2c in 2014. Then cut to 1c in 2015. This represents a cut of 50%. This would mean exit from the counter totally, according to my SOP.

Now take a look at the share chart.

Lo and behold.  After 2015, share price took a dive. So DIVIDENDS STILL DON'T LIE


Next post, will analyse tat hong dividend, another interesting company.

will update my portfolio every quarterly, since its quite boring... :)

Dividends every month portfolio - $13k basic portfolio

"I want more months filled with dividends"


Ok, let me think aloud and talk to myself again.

My aims:

* I don't like to monitor prices frequently

* I want income every month

* I don't want too much risk



Here's it what I might consider.

Each counter is worth approx $1,000. total portfolio value is approx $13,000.

On the right is the number of shares

sph 200
singpost 600
singtel 250
capitalmall reit 400
frasers ct  400
parkway life  400
capitacom  600
comfort delgro  300
st eng  300
sheng siong  900
suntec  600
uol 200
m1 400
sgx 200


January singtel $17
February Reits sgx $94.9
March singpost $9
April m1 $33
May Reits Comfort St E Sheng siong sph sgx $143
June uol $30
July singpost $9
August Reits singtel singpost comfort shengsiong m1 $160
Sept St E $15
Oct Sgx $26
Nov reits sgx $76.5
Dec sph $26


I added 200 shares sgx to make dividend of 3 of its quarters ($0.05) more meaningful.

I considered roxy and m1 to fix up april dividend, but decided on m1 as it is a larger and more well known company. 4th telco risk is there, dividends might reduce in amount in short-mid term due to competition but long term wise it should be ok.

I have added a solid blue chip uol which pays june every year. ( prefer this to low keng huat or uob kay hian).

I would not worry too much about prices going up and coming down as this is part of normal market functioning. But I would worry if any of them would cut dividends. But i know that even during the GFC, all these companies still pay faithfully. So unless we have something worse than the 2009 GFC, my dividends should be pretty safe.

There are close to 15 counters, so diversification automatically mitigates some risk. Single counter failure is quite unlikely, even if does, the overall effect to my portfolio is even far less.

The purpose of such a portfolio is simply to provide me with income every month, to supplement my current income and in case I lose my job. It might seem a little, but hey, at least we have fresh funds coming in every month.

If this also would keep me awake at night, then I might consider to simply put my money in the bank.

haha, well, I might be kept awake, thinking of what meal to eat with my incoming dividends.......:)

I would try to check on my portfolio at least half yearly.


( Advertisers who want to advertise pls drop me an email paulcoke8@gmail.com, All proceeds will be donated to charity)



disclaimer :


The contents of this Website are provided to you for general information only and should not be used as a basis for making any specific investment, business or commercial decision. These pages should not be construed as a recommendation or an offer or solicitation for the subscription for, purchase or sale of, any stocks mentioned herein, or, in any jurisdiction to any person to whom it is unlawful to make such a solicitation or invitation in such jurisdiction. They do not have any regard to your specific investment objectives, financial situation and any of your particular needs.

Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of you acting based on this information.

portfolio update for september 2016

Dividend by month

1) singtel
2) fcot sgx capitacom lian beng starhillg fct
3) spost lum chang taisin
4) roxy
5) fcot steng sgx  uob sph starhillg fct
6) tcil ocbc
7) singpost
8) fcot metro singtel plife  ocbc  capitacom starhillg sci steng fct singpost
9)  uob tcil
10) sgx lian beng ngi
11) fcot taisin sgx spost  lum chang starhillg fct
12) sph

Remarks:

nam lee exited at 40c. cost price was around 25 cents around 2-3 years ago.
roxy added. deeply undervalued. april dividend useful to complete list.

Some rotation of positions but overall, still,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

what a 10k dividend portfolio can do for you - safe and sound.

We all want stability and to be able to sleep in peace.

So familiar are these companies that almost everyone would know most of them and are comfortable buying what they know. Who doesn't have mails delivered by singpost? Who doesn't use singtel or call someone who uses singtel? Who doesn't know capitalmalls and frasers malls? Who doesn't know Mount E is the premier medical centre?
and the list goes on.....

and notice that a lot of these counters have vested interests overseas, thus reducing single country risks.

Here is a portfolio made up for all the familiar brand names in singapore. very likey they will continue to exist for the many years to come

Each counter is worth approx $1,000. total portfolio value is approx $10,000

On the right is the number of shares

singpost 600
singtel 250
capitalmall reit 400
frasers ct  400
parkway life  400
capitacom  600
comfort delgro  300
st eng  300
sheng siong  900
suntec  600


January singtel $17
February Reits $84.9
March singpost $9
May Reits Comfort St E Sheng siong $118.25
July singpost $9
August Reits singtel singpost comfort shengsiong $141.5
Sept St E $15
Nov $66.5


By february, the dividend would have hit a three digit mark. By May, we can start to compound!

Best of all, we don't really have to monitor this. Unlikely any of these counter will go bust any time soon.

This would be my reply to a retiree who asked me for help in investing his money in familiar stocks and want regular income yet dislike too much risk. I told him I am no expert financial adviser, but if I were him, I could consider the above counters.  Of course, we should just check on our investments every now and then to see if there are any changes. We shouldn't be too bothered about price changes. Price goes up, don't be too happy. Likewise price goes down, don't be too sad. If too bothered about price, maybe the best place is to keep our money in the bank.

Anyway,...we have 8 months filled up with dividends.

Small money to some...but they can turn handy to a lot of people out there.

portfolio action - added roxy pacific

found a good price to add roxy pacific. price drop is due to weaker property sentiments leading to weaker earnings and hence lower dividends, which is broad market based effect rather than company.
would have dividend fixed up for 4 & 8 month

portfolio action - added low keng huat

seems undervalued at 54c, thus added some.

expect it to maintain 4c dividend. last 6mth earning already nearly 7c. assuming 40-50% payout.

pays in june 

portfolio recent action - trimmed fcot and starhill

fht recent rights served as warning. fcot is its siblings. what happened to the former might happen to the latter.
i trimmed fcot to around 5%. so that if the same happens to fcot, the effects to my portfolio is mitigated.
fcot last rights was more than 5 years ago. and its been having scipt to conserve cash, thus chance of rights should be less. moreover, hotel redev at ccs site would feed it some 40m cash.
still, better to play safe.
i trimmed starhill to the same proportions.
that way, i can collect 6-7% yield with reduced risk.

Portfolio recent action- nam lee pressed metal

sold off nam lee
- thanks to a recent analyst report, nam lee ran up to 40c and beyond
- my net net price, taking into account dividends would be around 25c and i held nam lee for 2-3 years
- cagr would be around 20%
- i am doubtful if this cagr can be repeated
- thus better to take money off table

portfolio update 29/8/2016

Dividend by month

1) uob
2) fcot sgx capitacom lian beng namlee starhillg
3) spost lum chang taisin
4)
5) fcot steng sgx  uob sph starhillg
6) tcil ocbc
7)
8) fcot metro plife  ocbc spost capitacom starhillg sci steng
9)  uob
10) tcil sgx lian beng ngi
11) fcot taisin sgx spost  lum chang starhillg
12) sph

Remarks:

1) more ocbc added using singpost dividend, with the result of more dividend from ocbc
2) taisin - good results, dividend up
3) tan chong - drop in revenue with corresponding drop in dividend 2.5c to 2c
4) lum chang - no surprises 1.25 + 0.75
5) hupsteel - still surviving. unbroken dividend record
6) noel gift - so so 1.5c dividend more or less expected
7) sci and steng this year paying in august.
8) singpost 2 dividend in august this year.


Some rotation of positions but overall, still,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

Tai Sin Electric - Slow and Steady

Taisin announced a good set of results yesterday.

I found what I had been anticipating - dividend rise.

Its about time it did anyway.

Indeed, it was raising its dividend from 1.5c to 1.6c. Nav inched up to 36c plus.

What's the big deal about 0.1c dividend raise? No need to make a big fuss what, some might even comment.

I invite those interested to look up taisin dividend history.

1) consistent dividend throughout all these years it was listed
2) paid dividend and did not cut them even during GFC
3) raised payment frequency from once a year to twice a year, in 2006
4) last but not least, we can discern a pattern of raising dividend over the years

With the above points, its not hard to see why its price is slowly trending upwards.

why i ditch the benz for the lexus

Disclaimer : this is NOT to promote any car brand and I don't receive any payment from any sources. I don't monetarise my blog anyway.

thought i could use my S class till its end of life.

alas,

car was serviced at Cycle and carriage and specialised workshop all the way.
at 8 years of age, gear box issue, rear airmatic gave way. rotor disc worn out
at 9 years of age, aircon blower motor problem, undiagnosed loud acceleration sounds
at 9.5 years of age, the straw that broke the camel neck: car broke down near entrance of expressway. diagnosed to have snapped alternator belt.

I must say a big thank you to my dear wife who insisted on a change of car otherwise she will grab a grab taxi, I am glad I listened to her

i changed to a lexus and never regretted it since. It is the 3 year free servicing and unlimited mileage 5 year warranty which won me over. And this warranty is transferrable to the next owner. benz don't give that me that sort of warranty.

1) welcome message at lexus collection room
2) free breakfast and snacks/drinks at service centre.
3) free use of business centre
4) free use of massage chairs
5) free private area to watch movie
6) free chauffered service to nearby

so far nil problems and driving with a complete peace of mind.

why is it harder to succeed through investing in singapore?

 I had a lengthy but productive discussion with a friend recently. i shall share it below.

as usual, no lengthy essays as i like to present in a short and concise manner.

we can see the obvious gains we can achieve through the effects of compoundation, and it is one of the more proven method, if not the most.

why then is it harder to succeed in singapore through the same principles of dividend investing and reinvesting?

we can see in the usa, there are numerous companies such as mcd, colgate, general mills, coca cola and more, which are perpetual dividend raisers. a lot of these companies have raised their dividend yoy for the past 25 years, some even more. u can google them out. And more importantly, a lot of these companies pay a quarterly dividend. and last but not least, no rights issue exists for them.

so we see a lot of investors in usa, are basically 'passive' dividend investors and sticking to the strategy of investing and reinvesting in these companies will lead to serious wealth being created. 15% pa is quite normal, if the plan is stuck to and no early cashing out occurs. this basically means doubling in less than 5 years. and if one starts at 20 and ends at 60, it will mean a multiplication factor of some 267 times. He won't want to end this cash generation machine in the first place!

now, there are NO companies in singapore which satisfy the above 3 important qualities, at least at the current moment. even pure blue chips, we hardly see them increase dividend yoy and they don't pay quarterly dividend. If you use 10 year as time frame, none fit the criteria. Correct me if I am wrong. JMH comes close, but it pays twice a year. If you use 5 years, then some reits come into the picture.

thus, unless one is prepared to invest in companies outside of singapore, the above points very very important factors to consider, if one is in the serious business of building solid wealth.

thus because it is not clear cut at all in singapore, hence the singapore dividend machine is not the same per se. It is basically not as simple here and more likely than not, a lot will end up buying and selling more frequently than what is necessary, buying and selling the wrong stock, or holding on to the stock which represents lost opportunity costs. 

portfolio update 30/7/2016

Dividend by month

1) uob
2) fcot sgx capitacom lian beng namlee starhillg
3) spost lum chang taisin
4)
5) fcot steng sgx  uob sph starhillg
6) tcil ocbc
7)
8) fcot metro plife  ocbc spost capitacom starhillg sci
9) steng uob
10) tcil sgx lian beng ngi
11) fcot taisin sgx spost  lum chang starhillg
12) sph

Remarks:

1) sold of singtel and plife during recent run up as yield is compressed to less than that acceptable to add to fcot and starhill
2) 3/8 singpost dividend will be in. recent swiber case causing banking slump could be timely to add ocbc, as it is still CD and dividend will be paid later this month. bonus effect to singpost dividend.



Some rotation of positions but overall, still,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

portfolio update 30/6/2016

Dividend by month

1) uob singtel
2) plife sgx capitacom lian beng namlee starhillg
3) spost lum chang taisin
4)
5) steng sgx  uob sph plife starhillg
6) tcil ocbc
7)
8) metro plife uob singtel spost capitacom starhillg
9) steng sci ocbc
10) tcil sgx lian beng ngi
11) taisin sgx plife spost  lum chang starhillg
12) sph

Comments:

Decided to take profit from the runs up from frasers ct and suntec and place them in starhill where the run up is less.
Locked in capital gains as well as gained about 1% more dividend.



Some rotation of positions but overall, still,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

why i sold engro and singre? and portfolio question.

a reader asked me a couple of questions, i just finished replying and then realised that i wrote so much. thus decided to open a page to share with other readers.

Hi Paul, I have just finished reading your blog from very first post to this one. Thank you for sharing your investment strategy and portfolio. May I ask you two questions?
1) Why did you sell Engro and Singre?
2) It seems that you are slowly transforming your portfolio from undervalued penny stocks to blue chips, would you mind to share the reason for doing so? Is is to lower the risk? 
Thank you in advance
hi. of course.

1) Engro - yield is a low 2-3%, and this year will see its dividend being cut. nav stopped increasing. 
- placing money there is not necessary as safe as before
- risk benefit makes lesser sense 
- there are better counters around
- last but not least, at the time i decided to divest engro, st eng happened to be on low side, in fact, very low..270plus. thus it was a golden opportunity to transform engro to st eng.
--> give up a undervalued 2-3% yield monopaying company for a blue chip at 52w 5.5%pa low bipaying company. 
--> it is one of the best decisions I made, shortly after I made the switch, st eng went up fiercely while engro stayed suppressed at sub90c level. 
singre
i bought singre below 30c level. i know that this counter is erratic in terms of eps and dividends too. recently it even paid special dividend. i noticed that the eps is not doing well. true enough, the may dividend is less and I would expect the same for the september dividend. thus sold off at ard 32c level.
2) i think your observation might be right to some extent, but whether its undervalued penny stocks or blue chips, it must have one common denominator ie...ability to pay dividends. the ones which we discussed earlier had weakened earnings and even cut dividends. but some penny stocks are still worth adding...eg i added a few hundred lots taisin at 32c, to me, its undervalued at 32c, and its eps and dividends can very likely support this. True enough, BOBBY LIM came in and pushed it up to 34c. I will not buy any more at 34c as I think its sort of fairvalued. I believe a lot of investors feel so. This recent BREXIT we don't see taisin being sold down. It still stable at 33.5-34c level. I have taken this opportunity to add more frasers ct too. 

portfolio update 27/5/2016

Dividend by month

1) uob singtel
2) plife sgx suntec capitacom lian beng namlee fct
3) spost lum chang taisin
4)
5) steng sgx suntec uob sph fct plife
6) tcil ocbc
7)
8) metro suntec plife uob singtel spost capitacom fct
9) steng sci ocbc
10) tcil sgx lian beng ngi
11) taisin sgx plife spost suntec lum chang fct
12) sph

Comments:

14/6 ocbc payable - i have opted for script (at 8.11).
15/6 tcil payable - usually will be paid about 1week later.

Stamford land divested into taisin and capitacom

Sgx added.

singpost decided to pay in August instead of July.



Some rotation of positions but overall, still,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

why i divested stamford land

I have been holding onto stamford land for some time, rather pleased with the 3c dividend it has paid every August, like clockwork.

certainly, its eps has been able to support this 3c payout for these years.

however, the dividend cut to 0.5c was not something i was able to accept, the company could at least afford to be pay 2c imo.

maybe the management is changing, i am not sure.

I am even not sure of future dividends.

such is the uncertainty leaves me with only one option, to divest.

I divested 1/2 into taisin at 32c and 1/2 into capitacom at 139c.

At least, capitacom will give dividend in august in place of stamford land.

Portfolio Update 29/4/2016

Dividend by month

1) uob singtel
2) plife suntec capitacom lian beng namlee fct
3) spost lum chang taisin
4)
5) steng sci  suntec uob sph fct plife
6) tcil  ocbc
7) spost
8) metro stamland suntec plife uob singtel spost capitacom fct
9) steng sci ocbc
10) tcil lian beng ngi
11) taisin plife spost suntec lum chang hupsteel fct
12) sph

Comments:

3/5 plife XD
4/5 sph XD
26/5 tcil XD

payable 10/5 steng
payable 11/5 uob
payable 17/5 sci
payable 24/5 sph
payable 26/5 plife, suntec
payable 31/5 fct

Some rotation of positions but overall, still,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

Portfolio Update 26/3/2016

Dividend by month

1) uob singtel
2) plife suntec capitacom lian beng namlee fct
3) spost lum chang taisin
4)
5) steng sci  suntec uob sph fct
6) tcil plife ocbc
7) spost
8) metro stamland suntec plife uob singtel spost capitacom fct
9) steng sci ocbc
10) tcil lian beng ngi
11) taisin plife spost suntec lum chang hupsteel fct
12) sph

Comments:

Frasers centrepoint trust added. Now have 4 reits in my portfolio. Most probably will add one last one, perhaps MCT, to increase 3,6,9,12 dividend.


Nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

Portfolio Update 27/2/2016

Dividend by month

1) uob singtel
2) plife suntec capitacom lian beng namlee
3) spost lum chang taisin
4)
5) steng sci singre suntec uob sph
6) tcil plife ocbc
7) spost
8) metro stamland suntec plife uob singtel spost capitacom
9) steng sci singre ocbc
10) tcil lian beng noel gifts
11) taisin plife spost suntec lum chang hupsteel
12) sph

Activities:

Taisin will pay its dividend in March instead of April which it did last year.

Considered M1 and Roxy which pays regularly in April, but little point in putting capital in companies just for the sake of filling up my April dividend, when my other investment objectives are not fulfilled in these counters. M1 never invested before and probably will not since 4th telco coming in. Roxy, if price is attractive enough, i could consider, since it has hard asset backing.

I will now be waiting for my singpost lum chang and taisin dividends which will be paid in March.
-singpost dividend will be more as the amount was raised from 1.25c to 1.5c
-taisin dividend will be more as some of last mth dividend was used to add to it.

I am now looking at another counter, frasers centrepoint, possibly to reinvest some of my March dividends into. FCT has a unblemished record of raising dividends so far, fitting into the profile of plife, capitacom and suntec.

Some portfolio rearranging but overall:

Nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

my hupsteel investment

i had some discussion with my friend and here are the points. i bailed out way before its 5:1 consolidation and before it slumped further.

- true that it is heavily undervalued with hard asset and cash backing but:

- warning signs started in 2013 when it was paying out double its earnings as dividends. Most probably the boss himself did not see this oil crisis and he thought that he probably could ride it out with so many years in this industry and with the company's long history, moreover its new property was coming up and rental income could bolster its cash flow. But the oil crisis hit hard and the property market, industrial one which it was in, caused a double whammy effect. End effect is a 90% cut in dividends. This should be a clear signal to investors.

-dividends are important to the investor. But we need to check the sustainability of it. 

how people make money from the stock market

1) trading, buying and selling with little regard for stock fundamentals. can buy low and sell high and complete the trade within a day is ideal.  but how many people can really do that sort of thing?

2) value investing. quite the reverse of 1). lots of people call themselves VI. but how many people really are? True VI is hard. how many people have the patience to wait for the stock price to realise its potential? What if the calculation is incorrect? Does the returns commensurate the risks of waiting?

3) waiting for GO. there are a number of counters falling into this catogory. when this will happen? really no one knows? What if it does not happen? does one get paid while waiting? these are the questions one should ask

4) peter cundil/ warren buffet style...these involves skills. skills in picking up the right counters, which not everyone would be able to master however hard he/she tries. but the reward can be immense for the successful ones

5) dividend investment. construction of a portfolio which pays dividends mthly and just keep adding. to me, this is one of the easiest.

what's your method?

Portfolio simulation. 50k is enough to pay 9months of dividends a year. Bao Chi

A friend of mine said that my investment method is only reserved for pple with more funds.

Not true!

i decide to do a portfolio simulation with less than 10 counters, probably good for people with little time for monitoring yet want to reap the benefits of investing in the stock market.
(I am vested in these counters)

$50,000 is enough to buy into these counters to earn meaningful dividends for reinvestment, since now the lot size is 100 instead of 1000. 8 counters means an allocation of about $6,000 per counter.

1) Singtel
2) Singpost
3) Reit ( plife, suntec, capitacom)
4) SPH
5) ST ENG
6) OCBC

Notice these are big blue chip counters, probably the bluest of the blue chips in singapore. And notice that most of these counters have gone international, thus reducing the risk of single country.

Any of the above counters going bust is very unlikely.

They will likely be around 10 years time.

Buying into these counters will give the investor dividends in

January
February
March
May
July
August
September
November
December

Whenever dividend comes, simply invest them into counters which would be paying dividend soon. And repeat the process.

Using this strategy, a cagr of >10%, (usually 12-15%pa) is easily achieveable.

NOTE; FOCUS ON USING CASH FLOW TO INCREASE CASH FLOW. DON'T KEEP LOOKING AT PORTFOLIO SIZE. OVER TIME, THE PORTFOLIO HAS TO KEEP UP WITH THE INCREASED CASH FLOW(IE DIVIDENDS)

happy chinese new year!

Wish all readers a happy and prosperous CNY 2016!!!




so far into 2016, 4 of the counters in my portfolio raised dividends: plife capitacom suntec and singpost.

this shows that doing the necessary research and buying into the correct counters is very important

in my next post, i shall show how to play this investment game with a porfolio simulation

Portfolio update 31/1/2016

Dividend by month

1) uob singtel
2) plife suntec capitacom lian beng namlee
3) spost lum chang
4) taisin
5) steng kepcorp sci singre suntec uob sph
6) tcil plife ocbc
7) engro spost
8) metro stamland suntec plife uob singtel spost capitacom
9) steng sci singre ocbc
10) tcil lian beng noel gifts
11) taisin plife spost suntec lum chang hupsteel
12) sph

Activities:

Plife suntec and capitacom all announced an increased DPU.

Lian Beng maintained 1c in Feb 2016 as it did in Feb 2015, a testament of its dividend paying commitment to shareholders

Nam Lee is paying on 17/2/2016, which is different from the past, when it used to pay in March.

Nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

Wish readers a Prosperous Chinese New Year!!!

features of my portfolio which made me survive this crisis so far

1) diversification to 20 counters - which involves mixture of big mid small caps, and widely different industries with national and international businesses

2) organising the counters such that I receive a good payout every month

3) nearly exiting one counter left a few shares - hupsteel in oct/nov 2015.
- reasons for buying are no longer valid : core business survival is a question mark and dividend cut of 90%. this proved to be a very good decision!

4) as usual, none of my counters will account for more than 10% of my portfolio. the O & G counters : keppel corp and semb corp will not keep me awake at night. anyway, they are very unlikely to go bust or even skip dividends, at most reduce the amount payable.

the winning event is actually my portfolio itself, the fact that it's supplying me with the cash flow to buy even more at low fire sale prices.

cheers!

Strategy for 2016

much the same from 2015

core concepts and principles

1) dividend every month and keep adding every month

2) slow shift from local to international for added safety reasons ;

-increasing stake in companies with international biz eg singtel singpost ocbc uob capitacom suntec just to name a few.

- looking at Mapletree log/greater china, frasers centrepoint trust,  cdl trust.

3) with this increasing emphasis and stakes in companies with international businesses, i don't care too much about interest rates hikes, economy good bad etc...as far as my portfolio is concerned. they all do not matter really, in the long term.

No one can tell what's on whose mind and no one can tell where the next bomb might fall, basically. So I'd rather have an all-weather and an all-conditions workable portfolio than worry about things which no one knows.



SIMPLE QNS TO ASK URSELF

1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY
IF THE ANSWERS ARE NO, STAY VESTED AND/OR ADD MORE



thanks for reading!