Dividend by month
1) singtel
2) fcot sgx capitacom lian beng starhillg fct sphreit cmt
3) spost taisin
4) roxy
5) fcot steng sgx uob sph starhillg fct sphreit cmt cdg
6) tcil ocbc lkh
7) singpost
8) fcot singtel plife ocbc capitacom starhillg sci steng fct singpost sphreit cmt
9) uob tcil cdg
10) sgx lian beng ngi
11) fcot taisin sgx spost starhillg fct cmt
12) sph sats ksh
Remarks:
portfolio auto-building in progress :
my comments:
Bought comfortdelgro. trading at 240plus CD is quite an ok price for me.
Lum Chang exited. Dividend cut from $0.0075 to $0.003 is unacceptable to me for a small cap 100m+ company. already seeing a "maintenance"of 2c per year for some many years is becoming an eye sore. why doesn't the dividend gets increased? is the company not making more money over time? share price going up despite XD is because of own buying. Its something like Starhub 5x4c per year for so many years, being unable to increase dividends in this case is simply because they are not earning more and more over time. Whatever the case, its not a good thing.
Singpost is a bit different sort of creature. It a blue chip which has existed for well over a century. It has made a lot of investments, but hard and soft types. Making one bad one out of so many investments is sometimes inevitable, and as a result of it, suffers a dividend cut. The new CEO has work to do anyway. Should this be a small cap, this would mean exit. However there are clear positives in this case, eg singpost centre revenue, improvement of ecommerce and elogistics aspect. personally, I would hold on. Still bullish on this counter in mid to long term.
*forgot to write this earlier :
Metro exited above 110. upside limited. imo special dividends unlikely. its because of the special dividends expectation that drove price up. normal dividends of 4-6c would still be expected.
No surpises to tai sin, just that media has increased its coverage on this counter and hence its bullish run up. Won't unload my stake. Singpost and taisin add to my march dividends.
As can be seen, even after XD, price did not come down, suggesting market already pricing in future gains.
Similarly, roxy results came in as expected as well as dividends...maybe a little bit disappointed cos its a bit less than last year...but we all know ppty sector not doing so well. personally, am bullish on this counter in the mid-long range of at least 5 years. the thomson east coast line will be up in 2023 and roxy mercury hotel is right smack beside it. and the management focus mainly on non leasehold properties, adding to the attractiveness of this counter. barring unforeseen circumstances, this counter should be a winner in time to come.
lian beng. deeply undervalued. of course we wont expect it to trade at nav, but its discount to its nav and its low pe appears attractive. its contract works will keep it busy and provide income till 2021. i wouldnt be surprised if it increases its dividend this october. I think this counter will be a winner in time to come.
low keng huat, another deeply undervalued counters. revamp of paya lebar area will give it a boost. slow and steady counter
tcil, each passing year represents an increasingly wide pb gap. lots of hard asset backing but no clue when would it be unlocked.
noel gifts. i am rather pessimistic about this counter. balmoral ppty stake has been unlocked earlier. government large gift purchase failed to create catalysts to encourage more business. recent announcement informed that company might even make a loss this calender year. should this be true, dividend cut might happen ie 1.5c to 1c or even skipped! moreoever its only a small cap of around 25m. all this are red flags for me.
sph ; price seems stable ard 345-350 plus minus, with digital transformation taking place
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?
1) singtel
2) fcot sgx capitacom lian beng starhillg fct sphreit cmt
3) spost taisin
4) roxy
5) fcot steng sgx uob sph starhillg fct sphreit cmt cdg
6) tcil ocbc lkh
7) singpost
8) fcot singtel plife ocbc capitacom starhillg sci steng fct singpost sphreit cmt
9) uob tcil cdg
10) sgx lian beng ngi
11) fcot taisin sgx spost starhillg fct cmt
12) sph sats ksh
Remarks:
portfolio auto-building in progress :
my comments:
Bought comfortdelgro. trading at 240plus CD is quite an ok price for me.
Lum Chang exited. Dividend cut from $0.0075 to $0.003 is unacceptable to me for a small cap 100m+ company. already seeing a "maintenance"of 2c per year for some many years is becoming an eye sore. why doesn't the dividend gets increased? is the company not making more money over time? share price going up despite XD is because of own buying. Its something like Starhub 5x4c per year for so many years, being unable to increase dividends in this case is simply because they are not earning more and more over time. Whatever the case, its not a good thing.
Singpost is a bit different sort of creature. It a blue chip which has existed for well over a century. It has made a lot of investments, but hard and soft types. Making one bad one out of so many investments is sometimes inevitable, and as a result of it, suffers a dividend cut. The new CEO has work to do anyway. Should this be a small cap, this would mean exit. However there are clear positives in this case, eg singpost centre revenue, improvement of ecommerce and elogistics aspect. personally, I would hold on. Still bullish on this counter in mid to long term.
*forgot to write this earlier :
Metro exited above 110. upside limited. imo special dividends unlikely. its because of the special dividends expectation that drove price up. normal dividends of 4-6c would still be expected.
No surpises to tai sin, just that media has increased its coverage on this counter and hence its bullish run up. Won't unload my stake. Singpost and taisin add to my march dividends.
As can be seen, even after XD, price did not come down, suggesting market already pricing in future gains.
Similarly, roxy results came in as expected as well as dividends...maybe a little bit disappointed cos its a bit less than last year...but we all know ppty sector not doing so well. personally, am bullish on this counter in the mid-long range of at least 5 years. the thomson east coast line will be up in 2023 and roxy mercury hotel is right smack beside it. and the management focus mainly on non leasehold properties, adding to the attractiveness of this counter. barring unforeseen circumstances, this counter should be a winner in time to come.
lian beng. deeply undervalued. of course we wont expect it to trade at nav, but its discount to its nav and its low pe appears attractive. its contract works will keep it busy and provide income till 2021. i wouldnt be surprised if it increases its dividend this october. I think this counter will be a winner in time to come.
low keng huat, another deeply undervalued counters. revamp of paya lebar area will give it a boost. slow and steady counter
tcil, each passing year represents an increasingly wide pb gap. lots of hard asset backing but no clue when would it be unlocked.
noel gifts. i am rather pessimistic about this counter. balmoral ppty stake has been unlocked earlier. government large gift purchase failed to create catalysts to encourage more business. recent announcement informed that company might even make a loss this calender year. should this be true, dividend cut might happen ie 1.5c to 1c or even skipped! moreoever its only a small cap of around 25m. all this are red flags for me.
sph ; price seems stable ard 345-350 plus minus, with digital transformation taking place
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?
