As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday, 31 August 2021

How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation??? (3)

Read? How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation??? (2)

Read? Mee Siam 17% Inflationary Rate Over Mee Rubus

Is there something missing on year-on-year inflationary fear based on actual data points?

What went wrong?

No big ticket inflation like housing and private medical health care?



22 Years Portfolio vs 17 Months New Stocks Pick Since Feb 2020

New investment costs (Feb 20 to Aug 21) is now at the same level as old investment cost holding costs (Jan 2000 to Jan2020). More exposure to the next market crash liao!





ComfortDelgro : Bought @ $1.62 for Round 2

 Read? ComfortDelgro : Bought @ $2.01


SGX : Bought Back @ $9.98 for Round 13

Read? SGX : Bought Back @ $10.68 for Round 12

Old man. Slow motion. It is normal! Right?


Sunday, 29 August 2021

The Past is not the Present. The Present is not the Future!

Read? Investing Made Simple by Uncle8888 (29)

Return of The King method!

The Past is not the Present. The Present is not the Future - CW8888!

10 years later!

1. One Returned King is Dead and become ZERO-bagger - Noble The Dead!

2. Biosensor taken private i.e. forced profits taking for capital re-cycling! 

3. Kep Corp and Sembcorp became so smelly that many investors cut losses and move on!

4. Olam - fully divested at Round 11 but back to play again for Round 12 and upsize for Round 13 for right issue and excess rights!  Trust Temasek can do! LOL!

Read? Round 13 : Bought Olam @ $1.58

Let see what happen in the next 5 to 10 years!

Sunday, 30 October 2011















Saturday, 28 August 2021

ComfortDelgro

 


Investing Your Hard Earned Savings Is NOT Same as Topping Up Your CPF To Join 1M65 or 4M65 Movement

When you join 1M65 or 4M65 movement; EVERY CPF members will win by earning 2.5% to 4% compounded interests into your 65 and beyond!

When you invest in the stock market; you better know the difference! 

Not every investors will made 2.5% to 4% compounded investment gains!

Uncle8888 has attended countless number of investing or trading seminars on how to earn passive income or becoming millionaires from stock market; but nowadays these seminars have been rebranded as Masterclass to early retirement to be inline with current FIRE movement! LOL!

Not a single trainer from past previews mentioned Investing Made Simple by Uncle8888 (6)

Read? No selling free investment webinar

Read? Me, No multi-baggers (7)


























Wednesday, 25 August 2021

Owning Singapore stocks has been a poor bet even for investors with long horizons

Read? Owning Singapore stocks has been a poor bet even for investors with long horizons

Alamak!

Another one from BT laughing at Panda and Koala retail investors in local market! 

Chun bo?

Hmm .. then we can look at Temasek's investment performance supported by an army of professionals and invest globally and privately.

Read? Temasek’s net portfolio value rebounds to record high

CW8888 One-man gang vs Temasek's Army of Professionals

22 yrs at 5.9% as of today market closing  vs 8% 20 rolling yrs at FY 21

Did Panda perform so badly meh?









----------------------------------------------------

WEALTH management experts often advise investors not to put any funds they might immediately need in the stock market.

To maximise the benefit of traditionally high returns from owning stocks, and mitigate the inherently volatile nature of this asset class, investors should plan to have as long a holding period as possible.

So, what is a suitable holding period for stocks?

Some might say three years is sufficient. More conservative advisers might suggest five years. But almost nobody would argue that 10 years is not enough time to derive the full benefit of a diversified stock portfolio.

Yet, investors who invested in a portfolio of stocks that mirrored the benchmark Straits Times Index (STI) a decade ago would probably be feeling less than satisfied right now.

During the 10-year period to Aug 20, the STI has climbed just 13.5 per cent. On a dividend reinvested basis, this widely referenced local market benchmark delivered a total return of 60.3 per cent over the past decade.

This return pales in comparison to major market indices around the world.

The S&P 500 index is up 295.3 per cent during the same 10-year period. With dividends reinvested, it has returned 383.8 per cent.

The Nasdaq 100 is up 640.5 per cent over the past decade; and it has returned 729.9 per cent with dividends reinvested.

The more globally diversified FTSE All-World index is up 148.9 per cent over the last 10 years. It delivered a total return of 220.2 per cent.

The MSCI Europe index, which has no exposure to the tech-heavy US market, is up 100.4 per cent over the past decade, and delivered a total return of 179.6 per cent.

Reits the exception

Could it be that the STI fails to include some hot sector in the local market? Not really.

Other major Singapore market benchmarks have delivered similar returns as the STI. For instance, the FTSE Singapore index has risen 16.7 per cent over the last decade. With dividends reinvested, its total return was just slightly ahead of the STI, at 68.2 per cent.

Similarly, the MSCI Singapore index climbed 13.6 per cent over the last 10 years and returned 67.5 per cent with dividends reinvested.

Within the Singapore market, being exposed to a wider selection of stocks, including smaller-cap stocks, would probably not have helped a long-term investor.

The FTSE ST All-Share index, which has 107 component stocks versus the STI's 30, rose 15.1 per cent over the last 10 years and delivered a total return of 66.1 per cent with dividends reinvested.

Then, there is the FTSE ST Catalist index, which comprises 170 relatively small cap companies. Over the last 10 years, this index sank 60.8 per cent. Its total return with dividends reinvested was minus 55.9 per cent.

One way investors in the Singapore market could have come close to matching the performance of globally diversified indices like the FTSE All-World index was by focusing on locally listed real estate investment trusts (Reits).

The FTSE ST Reit index rose 40.3 per cent over the last years, and delivered a total return of 152 per cent with dividends reinvested.

Indeed, this STI-beating performance is probably the reason why Reits have become so popular with local investors.

It is also perhaps why seven of the STI's 30 components are now Reits.

Survivorship bias

Some market watchers may well be surprised that the STI has performed so poorly over the last 10 years, especially given the performance of its leading component stocks.

For instance, DBS - the largest of the STI's components, with a more than 18 per cent weighting - has generated quite respectable returns. The stock is up 123.2 per cent over the last 10 years. With dividends reinvested, it returned 230.4 per cent.

Like any stock index, the STI suffers from a phenomenon called "survivorship bias" - that is, many stocks that weighed it down over the years are no longer among its components.

So, to understand why the STI has performed so poorly, it is probably more instructive to study the stocks that have been dropped from the index than the ones that have remained.

Among the stocks that have been pushed out of the STI over the last five years are Sembcorp Marine, StarHub, HPH Trust, Golden Agri-Resources and Singapore Press Holdings.

What do they have in common? At the risk of over-generalising, they are all arguably on the wrong side of 21st century megatrends such as technological disruption and environmental sustainability.

They have also delivered total returns that partly explain the STI's abysmal long-term performance. Over the past decade, Sembmarine's total return was minus 95 per cent; StarHub's minus 19 per cent; HPH Trust's minus 20.5 per cent; Golden Agri's minus 52.6 per cent; and SPH's minus 12 per cent.

Regulation needed?

So, what can be done to revive the local stock market?

Clearly, what's missing from the local market are companies that are on the right side of big global trends. Yet, even Singapore's homegrown technology companies often look to markets with more liquidity to raise capital.

One often-heard complaint is that local investors are turned off by the poor performance of companies - especially foreign ones - that come to market in Singapore. And, if Singapore wants a more vibrant stock market, it needs tougher regulation to separate the wheat from the chaff.

This column does not pretend to have an easy answer. But it may be insightful to consider what the top tech executives and business owners from Singapore do once they become liquid.

Last month, The Business Times reported that TikTok's recently appointed chief executive, Singaporean Chew Shou Zi, was looking to buy a property in Queen Astrid Park for S$86 million.

The BT report also noted that Razer co-founder and CEO Tan Min-Liang was buying a property along Third Avenue for S$52.8 million, and that Grab co-founder and CEO Anthony Tan's wife had purchased a property on Bin Tong Park for S$40 million.

Tommy Ong, who sold his e-commerce marketing platform Stamped.io in April for some US$110 million, was also reported to be purchasing a bungalow on Cluny Hill for S$63.7 million; while Ian Ang, co-founder of gaming chair maker Secretlab, had bought a bungalow on Olive Road for S$36 million.

Why are these risk-takers pouring money into Singapore real estate?

Unlike locally listed stocks, there are tough restrictions and hefty taxes on the purchase of Singapore real estate - especially for foreigners. And, any sign of the residential property market getting overheated is likely to be met with further cooling measures.Yet, it is perhaps the seriousness with which the real estate market is regulated, to ensure it remains an attractive and viable asset class for Singaporeans of all walks of life, that makes it such a sensible long-term investment.

Tuesday, 24 August 2021

Local Market SGX Not many multi-baggers - Fact or Fiction?

 Read? IS THE LOCAL STOCK MARKET DEAD?

Read? 10% dividend yield for 10 years? Fact or Fiction? (2) - updated after 9 yrs!

Read? Cut your losses short and let your winners run??? (2)

Read? Just a few multi-baggers may be enough for your kid's university fund - Updated

Uncle8888 smiled when he read this

Over the past 30 years or so, there are only a handful of multi-baggers. Of course, if our timing is perfect, we can hit a few multi-baggers in some super-penny stocks, but even that a lot of them are not able to maintain their highs, sliding down almost as fast. Medtecs Investors in the mid-cap space is a good example. iFast, Frencken and Wilmar International made the grade of multi-baggers. Nanofilm almost made through, but the recent slide had defied it. Going back into the 90s till now, perhaps OCBC is one of them. Furthermore, OCBC made a share split in 2005 and should have at least doubled by today. DBS could also be a 3x-bagger if one gets his timing right by buying it during the global financial crisis. It hit its all-time high just ten days ago, but was quickly pulled back even to below $30 level before regaining some terroitory to above $30 as of yesterday. There could have more, such as OSIM and Cerebos International, but they have all been de-listed. So, on the whole, there are really not many multi-baggers. Even that, we need to be pin-point accurate in our timing in buying and selling them.

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We can't find blue chips multi-baggers over past 30 yrs in local market, SGX?

Fact or fiction?

Those lucky veterans! Read? Keppel Corporation Retail Shareholders' Day.

Holding Freehold multi-baggers to generate dividend income for life may also be possible! 100% passive income!















Sunday, 22 August 2021

Cut your losses short and let your winners run??? (2)

 Read? Cut your losses short and let your winners run???

Read? Singapore Stock Market Is Crap! Can Panda/Koala Investors Still Survive On Scraps???

Uncle8888 is trying to understand how veterans with decades of experience across market cycles in local market and in the recent years they are pointing to lousy SGX for their losses.

A) AS a seasoned stock market investor since the 1990s, Ken is no stranger to market fluctuations and paper losses. As of today, the 56-year-old has lost some S$300,000 in the Singapore stock market, while his investments in the United States and Hong Kong have given him sizeable profits. "Retail investors don't have much confidence here, they're getting toasted," he tells The Business Times. "I've lost so much money that I'm scared."

B) It is a similar situation for 65-year-old retiree CK Law. He has been investing since 2000, and has been more active in the stock market since his retirement last year. (Same time investing as Uncle8888 and same age some more)

The Covid-19 pandemic made things worse. Mr Law, who invests only in Singapore, is now staring at a "six-figure paper loss" while his friends are reaping gains from rallies in other markets around the world.

Since 1990s i.e. AFC, Sep 11 WTC, SARS, and GFC and since 2000 Sep 11 WTC, SARS, and GFC

How come?

Fail to let their Winners run but hold on their Losers?

What can we really learn from the news or nothing new to learn?





Friday, 20 August 2021

Singapore Stock Market Is Crap! Can Panda/Koala Investors Still Survive On Scraps???

 Singapore stocks: Once bitten, twice shy

Why retail investors are shifting away from the local bourse, and how SGX plans to stay ahead

UMA DEVI

umadevi@sph.com.sg@UmaDeviBT

AS a seasoned stock market investor since the 1990s, Ken is no stranger to market fluctuations and paper losses. As of today, the 56-year-old has lost some S$300,000 in the Singapore stock market, while his investments in the United States and Hong Kong have given him sizeable profits. "Retail investors don't have much confidence here, they're getting toasted," he tells The Business Times. "I've lost so much money that I'm scared."

While Singapore continues to be lauded as a financial hub, drawing big business and billions in foreign investment, the local stock market appears to have lost some of its appeal to retail, or non-professional, investors like Ken. Concerns like regulatory lapses and lack of liquidity, he says, have diminished confidence.

"I would generally avoid the Singapore market unless there are sound stocks like the blue-chips," he says, "but I have allocated less for Singapore unless we see a marked improvement in the supervisory environment here".

Some of Ken's biggest losses in the local market to date include S$20,000 in embattled commodities trading company Noble Group, and about S$200,000 in entertainment production company Spackman Entertainment Group which has incurred the ire of regulator Singapore Exchange Regulation (SGX RegCo) for issues related to its management and certain acquisitions, and is currently trading at about 0.5 Singapore cent. The counter's high was 50.5 cents back in July 2014.

It is a similar situation for 65-year-old retiree CK Law. He has been investing since 2000, and has been more active in the stock market since his retirement last year. (Same time investing as Uncle8888 and same age some more)

The Covid-19 pandemic made things worse. Mr Law, who invests only in Singapore, is now staring at a "six-figure paper loss" while his friends are reaping gains from rallies in other markets around the world.

Since the end of March 2020 when the Covid-19 pandemic decimated most stock markets around the world, the benchmark Straits Times Index is up about 24.4 per cent. In comparison, the Shanghai and Hong Kong markets are up 26 per cent and 7.3 per cent respectively, while the Malaysia market is up 12.1 per cent. Key Wall Street indices are also up. The Dow Jones Industrial Average has risen 59.1 per cent, the Nasdaq has added 88.9 per cent, while the S&P 500 is up 70.5 per cent.

Declining investor confidence

Although the Singapore market is known for its stability, some have identified shortcomings that could threaten its ability to attract investor interest. Younger investors also appear to be shying away from the local bourse.

Investment analyst Jennifer Franslay says her current portfolio allocations are 60 per cent in the US, 30 per cent in the rest of Asia, and 5 per cent each in Singapore and cryptocurrencies. The 25-year-old says that her US holdings have recovered to pre-Covid levels, while most of her Singapore holdings are still in the red.

"When someone invests in the Singapore market, they're losing out on all the gains they can get from overseas markets, which is why I find it quite unattractive," she says.

Financial adviser Liu Minghao says the market movement of the Singapore market is "way too small" compared to that of the US. The types of counters listed in Singapore also have limited appeal, he suggests.

"In Singapore, we all know about Walmart and probably invest in it, but I doubt there is anyone in the US looking to buy Sheng Siong shares," says the 25-year-old.

In order to shore up retail activity, the Singapore stock market needs to urgently improve on two things - liquidity and attracting "good quality companies", says S Nallakaruppan, president of the Society of Remisiers.

Homegrown unicorns like Grab and SEA are venturing abroad for listings. MyRepublic plans a Hong Kong IPO, while Olam opted for London for the primary listing of its unit Olam Food Ingredients with a concurrent listing on SGX.

A rising number of companies have also come under investigation or have been voluntarily suspended from trading for long periods of time, which he says is the stock market equivalent of a "black hole". Investors are left in the lurch holding "zombie companies".

According to a report from SGX, 56 stocks have been suspended from trading for 12 months or longer as at May this year, while another 9 stocks are set to be delisted in due course. This translates to about 10 per cent of counters currently listed on the bourse. In 2016 when SGX first started giving half-yearly updates of such stocks, there were only 20 stocks on this list.

Mr Nallakaruppan recalls his own experience with railway parts maker Midas Holdings, which shocked shareholders with litigation suits and enforcement orders. The stock has been suspended from trading since February 2018, but remains listed on SGX.

"It's sad when you see all your money wiped out like this, and all these affect investors' confidence overtime," he says. "This isn't like Monopoly money, it's real money that people are losing."

Delistings have also been on the rise, notes Maybank Kim Eng's (MBKE) chief executive Aditya Laroia. "Since 2012, delistings on SGX have outpaced new listings by 40 per cent," he notes. "This is largely driven by the limited niche, specialised sectors offered on SGX compared to other regional exchanges. Notable valuation discounts have been the result, encouraging delistings."

A lack of liquidity has prompted listed companies to head for privatisation, including BreadTalk, Fragrance Group and SK Jewellery.

SGX's latest financial results released on Aug 5 reflect some of these sentiments. SGX posted net profit of S$205.6 million for the second half of FY2021 ended June, down from S$258.6 million in the year-ago period. The group's H2 operating revenue fell 6.8 per cent year-on-year to S$535.1 million, with the decline coming from its equities segment, amid a fall in treasury and other revenue as well as trading and clearing revenue.

For the full FY2021, SGX's largest business segment, equities, saw operating revenue decline 7.7 per cent to S$701.1 million.

SGX market strategist Geoff Howie notes that STI constituent stocks typically "dominate" the inflows and outflows of the Singapore market in terms of market value. However, in July this year, only six out of the 30 stocks that saw the highest net institutional inflows were constituent stocks.

The health of the stock market is largely dependent on the authorities and regulators here, argues Mak Yuen Teen, a corporate governance advocate and associate professor at the National University of Singapore.

Prof Mak notes that 10 years ago, Singapore was home to more than 150 "S-chip" companies, or Chinese companies listed on SGX. This number is down to just 71 today, and could drop even further, he warns.

"Just over the first six months of this year, another six S-chips have disappeared. I am not saying they are all going to collapse, but I think we will continue to see more doing so," he says.

What was once an "S-chip problem" has spread to the rest of the market over the past few years. Big companies like Hyflux and Noble, Singapore-based companies like Best World and Trek 2000, and Eagle Hospitality Trust are some of the names that have collapsed, wiping out investors' money along with them.

Mom-and-pop investors also have limited protection in the market, notes Prof Mak, and may not have the resources to make up for losses. As such, the bourse regulator needs to do more to protect the interests of these investors in terms of holding relevant parties responsible for stock market scandals. These include the likes of company directors, issue managers, sponsors and auditors.

"While SGX Regco has strengthened certain rules and improved its surveillance, and there are signs of them and other regulators stepping up, we have yet to see results," says Prof Mak.

"We should aim for a market with good quality companies, not aim to increase the number of listings regardless of quality."

Changing investment landscape

Over the years, more people have piled into capital markets as they realise the importance of alternative sources of income. Financial literacy too has increased, and with it, awareness of the need to diversify portfolios.

"Singapore investors have become more aware - not just of opportunities but more importantly, risks," says Thomas Rupf, head of VP Bank Singapore.

Financial institutions and brokerages report similar trends. MBKE's Mr Laroia says that in the past, opportunities on the SGX could represent as much as 80 per cent of the bank's retail business.

"One would expect that to be reflective of many firms in Singapore," says Mr Laroia. But investors became "more informed holistically about opportunities globally".

Without commenting on exact proportions, Mr Laroia says the Singapore market is "still a significant portion" of MBKE's retail business, but interest in the US and Hong Kong markets have seen "significant increases" over recent years, and continue to grow.

Samuel Rhee, chairman and chief investment officer of Endowus, says that the firm offers several "ready-made investment portfolios" that are designed to serve different investment objectives. "Most portfolios are globally diversified and Singapore's representation in the global allocation is very small," he says.

"Endowus' clients are generally more interested in global markets which have provided consistently better returns over time than being just exposed to a single market, but most will maintain some small exposure to Singapore."

Exposure to Singapore securities in Endowus's Cash Smart portfolios - which have shorter-term goals - currently range from 16.4 per cent to 30.2 per cent. The Selected General Investing portfolios for cash and Supplementary Retirement Scheme (SRS) funds have allocations of 0.11 per cent to 0.63 per cent.

Digital wealth manager Syfe's chief executive Dhruv Arora notes that Singaporeans "already have a lot of exposure to the Singaporean market by working and owning property in Singapore".

"The most attractive and popular overseas markets for our clients are definitely the US and China."

While Syfe's core portfolio, which offers "global diversification", has a "negligible" allocation to Singapore, its real-estate, income-focused portfolio is fully made up of Singapore-listed real estate investment trusts and Singapore government bonds. Its cash management solution, Cash+, has about 50 per cent of its holdings in Singapore through government bonds and investment grade corporate bonds.

Stashaway says: "In general, we try to build portfolios that give our clients as much global exposure as possible for diversification."

A majority of clients at Tiger Brokers have holdings in equities directly, says chief executive Eng Thiam Choon. US holdings are the most popular, with a notional value of about 68 per cent. Hong Kong's stands at 24 per cent, while Singapore has just 5 per cent.

"Today, there is a huge interest in technology and digitalisation due to the pandemic, and the US stock markets are getting more interesting with theirs reputation for attracting big technology companies," says Mr Eng.

Staying ahead of the curve

SGX is ramping up its efforts to provide a diversified experience for investors, and has been increasing its focus on derivatives. The result? An ability to offer investors "two forms of economic participation", says Michael Syn, head of equities at SGX. Mr Syn used to look after SGX's currency and commodity derivatives before he assumed his current position.

"One is ownership, which you do through shares. But the other one is really through the economic ripple effects through the economy," he says, which makes the market "both horizontally and vertically integrated".

SGX had long ago noticed that most customers wanted things that exist both in the stock market and in the futures market, and the exchange has had to adapt accordingly in order to secure a "bigger share of (customers') wallets.

"If I don't do it, someone else will do it, and then they will be number one in Asia," says Mr Syn. He recalls how, a decade ago, investors were interested in China commodities and currency. Three to five years ago, SGX offered access to different countries and themes through launching more currencies and commodities.

Today, the exchange has broadened its range of ESG derivatives even further. In January this year, SGX launched four new derivatives which have been certified by the Commodity Futures Trading Commission, enabling market participants to trade them directly from the US. These include the SGX FTSE Blossom Japan Index Futures and the SGX FTSE Emerging ESG Index Futures.

SGX has also increased its focus on foreign exchange. In June 2020, the exchange fully acquired BidFX - a cloud-based foreign exchange (FX) trading platform for institutional investors. In July 2021, it also acquired global multi-asset execution and order management systems provider MaxxTrader.

But competition is on the rise. SGX is looking to grow its non-equities business, which constitutes commodities, derivatives and FX. This segment has also seen the largest increase in liquidity, says Mr Syn.

"The largest increase in liquidity that we've seen reflects very much Singapore's increasing role in commodities, derivatives, and FX... that's why we derive so much of our revenue and growth from derivatives."

SGX is also actively looking into allowing special purpose acquisition companies (SPACs) to list in Singapore, and is said to be considering lowering the minimum value for SPAC listings, DealStreetAsia reported on Thursday.

Robson Lee, a Singapore-based partner of US law firm Gibson Dunn, says that while there could be some initial interest by promoters and cornerstone investors to set up SPACs in Singapore when this is allowed, sustained demand will depend on the market's ability to attract potential unicorns or serious businesses to list here.

He says: "While finalising the regulatory requirements for SPAC listings, SGX should concurrently address the fundamentals to promote Singapore as a holistic market for high liquidity and sustainably high valuation securities listings in Asia."

For equities, meanwhile, the historical challenge for Singapore is that its market "matures and grows very early", says SGX's Mr Syn. For instance, domestic names such as Singtel and DBS were listed in the 1990s. Today, the exchange is a 50:50 between domestic and international companies, but newer platforms and companies are emerging. And SGX will have to continue to take heavy bets to keep its attractiveness to investors.

Staying ahead of the curve has been the focus of SGX, says Mr Syn.

"I often tell my guys this, it's not because we're smarter. It's because we have to be. Otherwise, there's nothing left for us... Because if we don't anticipate and build in advance of demand, by the time the demand comes, it's very hard for us to compete for attention and for credibility.


Wednesday, 18 August 2021

In the market Always There Are Buyers and Sellers i.e. one man's poison can be another man's meat!

Read? The stock market is weird. (2)

Real examples from our local investment bloggers!

Blog post 1 on Monday, August 16, 2021

Cut loss: Diary Farm 30 Percent loss.

I finally decided to part way with Diary Farm.

Maybe years down the route, they might recover, or maybe mainland visitors will start visiting and give a boast to the health care and beauty segment. Maybe YongHui loss is one off.

Blog post 2 on Tuesday, August 17, 2021

BUY INTO DAIRY FARM INTERNATIONAL, CHINESE TECH AND CONSIDER SECURED WEALTH LENDING

Anyway, Jardine-owned Asian retail giant Dairy Farm International announced its 1H21 earnings more than 2 weeks ago and it was bad. Since then, its share price has fallen significantly. It seems like shopper behaviour during this Covid pandemic is still erratic and given the ongoing restrictions, outlook for the year remains glum. I didn’t have a big position in Dairy Farm International before the announcement but I was consistently averaging down as the share price fell. It has now become one of the major stock holdings in my investment portfolio.

I expect the earnings recovery for Dairy Farm International to start from next year 2022 onwards so I will continue to buy into it if the share price keeps falling for the rest of the year. I don’t have much exposure to this industry sector in my investment portfolio so I’m ok to take a bigger position in it. As long as its Covid-related affecting consumer spending in this area, I have no problem waiting for the eventual recovery. It may take longer than I think but I reckon patience is key for this to pay off.


Round 13 : Bought Olam @ $1.58

Read? Olam XR

Wilmar : Round 13-2 Sold at $4.38

Switch Wilmar XD to Olam CD for another 4 cts Panadol and becoming a yield hog!



Wilmar : Round 13-2 Sold at $4.38

Read? Wilmar : Bought @ $4.36 for Round 13 - 2

XD today! Collected 5 cts Panadol!

Tuesday, 17 August 2021

ComfortDelgro

 


Fu Yu : Bought $0.31 For Round 3

Read? Higher Dose Of Panadol's For Panda

Not always Pyramid Down! :-)



SGX : Bought Back @ $10.68 for Round 12

Read? SGX : Bought Back @ $11.22 for Round 11

Saturday, 14 August 2021

Harvesting Season For 2021 Is Over and Planning for 2022 Harvest Begins!

Read? Panda's Investment Income From His Home Biased And Lousy Market In Retirement

The investing strategy to plant Winter seeds is unlikely to happen soon; Panda may need to re-strategize to plant a few Autumn seeds to harvest in 2022. Where to find Autumn seeds?

















Friday, 13 August 2021

Panda's Investment Income From His Home Biased And Lousy Market In Retirement

 










Total dividends has been counted for 2021 and total investment income including trading is same as in 2020 i.e. 9.6% ROC.

More free time in the market doesn't mean more trading income; but more capital deployed in the market is likely to be more dividend income.

Investing for dividends easier! No?







Wednesday, 11 August 2021

Higher Dose Of Panadol's For Panda

Yearly dividends collected slowly added year on year and always go up! 

Read? Fu Yu : Bought $0.30 For Round 2

Read? Wilmar : Bought @ $4.28 for Round 14









Fu Yu : Declared higher ordinary interim dividend of 0.4 cents per share and special dividend of 3.3 cents per share for 1H21

Wilmar : Proposed interim tax-exempt dividend of S$0.05 per share, the highest interim 

dividend since listing

Saturday, 7 August 2021

Why many people prefer the psychological comfort of dividend distributions, rather than having to sell portions of their stocks?

 Spur 6 August 2021 at 15:27:00 GMT+8

Good timing Uncle8888!

Those batch of investors who all-in during 2008/2009 will also be talking about 20+% yields in 2030 LOL.

For now though, most are still into capital gains. They've been spoilt by US stocks & cryptos in the last 2 years!

Logically though, we should focus on total returns. Although I get why many people prefer the psychological comfort of dividend distributions, rather than having to sell portions of their stocks. :P

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Collecting accumulated dividends always goes UP as time passes! LOL!

Selling and buying back is harder than we thought!

For examples:

Sold but it kept going up to ATH @ $31.17!

Read? DBS : Round 24 - 1 : Sold @ $24.89

Read? Stop Loss, Cut Loss and Trailing Stop

Read? SGX : Sold @ $11.28 as Round 10; but it went up all the way up to 13 yrs high @ $12.13

Bought but it goes down!

Sigh!

Read? SGX : Bought Back @ $11.22 for Round 11

Read? Kep Corp : Bought @ $5.64 for Round 98

Read? Venture Corp : Bought @ $19.88 for Round 5
































Friday, 6 August 2021

10% dividend yield for 10 years? Fact or Fiction? (2) - updated after 9 yrs!

Interim dividend for Sembcorp Ind is $0.02 and core holding for long-term all accounted for 2021!

Greatsage said...

"I dun think such stocks exist in our SGX. 10% dividend yield for 10 years? Absolutely no, as least not in SGX."

Friday, 6 January 2012

Read? 10% dividend yield for 10 years? Fact or Fiction?

Greatsage, chun bo?  Absolutely no, as least not in SGX???

Average annual dividend yield on investment cost

Kep Corp (2001 - 20 yrs) : 26.1%

Sembcorp (2002 - 19 yrs) : 19.8%

Kep Corp (2004 - 17 yrs) : 11.6%

DBS (2003 - 18 yrs) : 9.4%

Sembcorp (2003 - 17 yrs) : 9.3%

Sembcorp (2005 - 15 yrs) : 5.3%

KIT (2010 - 11 yrs) : 6.7%

9 years after Greatsage has commented here. Panda is still chewing his yield and not extinct yet!

The answer to 10% dividend yield for 10 years? Fact or Fiction?











Thursday, 5 August 2021

SGX - Singapore Exchange tumbles from 13-year high as profit drops

Cut losses when they got their SGX earning numbers wrong?

8 cts quarterly Pandaols are useless for big boys and traders.



SGX : Bought Back @ $11.22 for Round 11

Read? SGX : Sold @ $11.28 as Round 10

Last sold SGX at own personal high at $11.28 as Round 10.

See can sell at new personal high! LOL!


Tuesday, 3 August 2021

Kep Corp : Bought @ $5.48 for Round 100 to Upsize!

Read? Kep Corp : Bought @ $5.48 for Round 99

Suck more Panadols for Vision 2030!


Sunday, 1 August 2021

Backtesting???

Backtesting is the general method for seeing how well a strategy or model would have done ex-post. Backtesting assesses the viability of a trading strategy by discovering how it would play out using historical data. If backtesting works, traders and analysts may have the confidence to employ it going forward.

Investing/trading course trainers or FAs love to use backtesting data or past performance as marketing tool or snake oils to sell! You see how much you can make! Don't wait! You will regret!

But; Uncle8888 realized on the ground is NOT that simple! Nobody know how future will turn out! AI knows better?

The Past is NOT the Present and the Present is NOT the Future - CW8888

Is there any hints or backtesting data to show that we one day will have to wear Mask for such long time?

First batch of surgical masks; Uncle888 bought from ex-colleague's Vietnamese friend at $18/box and second batch $30+(then the price shot up to $50+, heng ah! Already bought enough at 30+), $20+, $10+ at pharmacy and recently free box from vaccination centre! LOL!


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