Stockcafe No transactions were made. I am just watching and reminding myself to be patient. Reits like MIT are so attractive once again, but with interest rate not coming down and the fact that MIT is already my biggest portfolio, I am mindful of purchasing it. Maybe in the month of Feb, my fingers will be itchy and I will give in to temptation.  Meanwhile, I am waiting eagerly for our Singapore Bank stocks financial result in Feb. Will DBS give a special dividends with the change in command? Will there be a stock split in the plan? We shall see come 10 Feb!  Meanwhi ..read more

Transactions:  -  Added 5,900 units of Keppel DC Reit via the recent Preferential Offering at $2.03 As a result of the recent Keppel DC Reit preferential offering, I have taken advantage of it and applied for excess rights, averaging up my average price for Keppel DC Reit.   As of 24 Dec 2024, Market has priced in just one rate cut for 2025. Currently, we are at 425-450. We can expect more changes in expectations in early 2025 when Trump becomes the President and starts to try to implement some of his policies.  As always, I will just continue what I am do ..read more

Although 2024 started off as a year where investors were anticipating whether rate cuts would happen (rate cuts eventually happened on 18 September 2024), it would be remembered as the year Donald Trump made an incredible historic comeback and was elected the 47th president of the United States. As a result of Trump's comeback, the market has priced in an inflationary environment, with rate cuts projected to slow down. With this being factored in, Reits got sold down while banks stocks went up.  Although my portfolio went briefly into the red in 2nd quarter of the year, it bounced up and ..read more

  stockcafe No transactions were made. I was waiting for a knee jerk reaction after the 2024 United States elections, but it never came for the US market. With Trump's victory, we are likely in for an inflationary environment. Although Trump made several positions including 60% tariffs on all China products, it is unlikely the tariffs will be so high.  Meanwhile in Singapore, REITs went down sharply while Banks went up. This is due to the expectations that Fed Bank will slow down rate cuts as we approach an an inflationary environment.  While my warchest is fully real ..read more

  Stockcafe Transactions: - Added 3,500 units of CapitaLand Integrated Commercial Trust from preferential offering. I was very surprised when I was allotted all my excess units that I applied for from CapitaLand Integrated Commercial Trust's preferential offering. I have not encountered such a scenario before and I was so pleased to get them and increase my holdings in this share.  Meanwhile, I am sitting on the sidelines until the USA result is out. There may be a knee jerk reaction in the stock market when the result is announced, and it may present a good buying opp ..read more

  Transactions: - Added 150 units of Mapletree Logistic Trust at $1.276 via scrip dividends - Added 200 units of Mapletree Industrial Trust at $2.2209 via scrip dividends The Federal Reserve on 18 September 2024 lowered the interest rates by 0.50 percentage points instead of 0.25. I have not made any purchase for now since I have been preparing my portfolio for this day since 2 years ago.   Meanwhile the 2024 United States elections will be held on 5 November while the next Federal Reserve meeting, the next opportunity to lower interest rate, is on 7 November. The ma ..read more

  Source: StockCafe No transaction was made in the month of August 2024. I am just waiting to see if September rate cut happens and by how much. The market has priced in a 100% probability of rate cut in the next meeting, 18 September and is expecting at least a 25% rate cut. In fact, the market has priced in rate cuts for all 3 remaining meetings for 2024, a 0.5% cut in December meeting.  While the market has priced in these probabilities, nothing is cast in stone until it actually happens. It's not over until it's over. It is not done until it is done. Global development ..read more

Transactions: - Bought 4,500 units of Astrea8A1 4.35%390719 during its IPO - Bought 2,000 units of Astrea8A2 6.35%390719 during its IPO Bought Astrea 8 since I need to park my cash somewhere. My last successful application for Tbill was in 31 October 2023, which was a 6 months Tbill. My last Tbill, a 1 year one, had matured on 30 Jul 2024. I have no more Tbills in my portofolio. Within a short time of a few months, instead of the narrative that rate cuts may not happen in 2024, market has priced in a 100% probability of rate cut happening in Sep 24. Market is also pricing in rate for ev ..read more

  Transactions: - Added 3,000 units of Mapletree Industrial Trust (MIT) at $2.11 My first purchase with my money since March 2024. I had wanted to add either Ascendas Reit or MIT. In the end, I added on MIT as it got whacked down more compared to Ascendas Reit. I had purchased something as it has been several months since my last purchase and I wanted to deploy some of the dividends I had received in 2024. Also, my portfolio value has turned red which means it is time for me to buy too.  I am tempted to sell my holdings in Singapore Technologies Engineering. But I am holding it off ..read more

  This update is late as I went overseas for a holiday. There was no transactions made in the month of May as I had to rush work and also plan for the overseas trip.  Now, I need to catch up with the updates and think about what to buy purchase next.  Meanwhile, I received the highest amount of dividends received in a month, in the month of May. With the news that interest rate will remain high of longer, dividends will likely to be impacted negatively. There is a chance that I may receive a lower dividends amount this year compared to last year. This is also partly because ..read more