Hi everyone, it's been a while since my last post which I do apologise for since my life has been rather busy with work and external commitments. I wanted to make this quick post to reflect on my investment journey in 2024, and some key points that I've learnt along the way.      Overall, my investment portfolio significantly underperformed the broader market, returning only approximately 10% throughout the year compared to the S&P500's 25%. I believe my biggest loser was Raffles Medical whereas my biggest winner is still United Hampshire US REIT.  ..read more

Introduction     Hello everyone! It's been quite a while since I updated my blog given the fact that I was busy with my work, but I'd like to think that I've learned a lot about Fundamental Analysis during this period. It has been a rather tumultuous period for the Singapore stock market as of late, so it is only appropriate that I review a stock that I've recently taken a small position in (although I've previously reviewed it here); Sheng Siong! Sheng Siong's Logo (Source: BrandsoftheWorld)     To start off, let's conduct a quick recap with regards ..read more

Introduction  It's no secret that the US Retail REIT comprises the majority of my portfolio. It could even be said that my portfolio IS UHREIT, and I can safely say that this will continue to be the case. If you're a regular reader of my blog, then you may recall in a previous post that I mentioned the fact that I would cut my UHREIT holdings if it reached 0.60 USD per unit. Obviously, that never materialised and instead of shooting up to 0.6, it has recently fallen to 0.44. Hence, in the spirit of doing things in an "opposite" sense, I believe this calls for a time of accumulation, fooli ..read more

Introduction Keppel Limited (SGX: BN4) is a stock ticker I hold dearly to me. I went all in on the counter just around the time when the Seatrium spin-off was announced and I must say it's been an extremely rewarding journey. I've been looking forward to whatever updates the conglomerate has provided and since it's been a while since the last time I took a look at Keppel, I wanted to see if it's still a BUY.  In this brief article, I'll cover Keppel's FY23 Financial Performance and how it holds up against previous years, Balance Sheet health, and find an approximate fair intrinsic value o ..read more

Author's Notice: Hello everyone! Before I begin this post, I would just like to point out that I recently started a Youtube Channel, rebranding myself as "The Incipient Investor", and have posted a rather comprehensive analysis & valuation of Raffles Medical on there so do check it out if you've missed that! I'll be creating videos to accompany every blog post now moving forward, even this one! Thanks for the support! To start off this post, I'd just like to say that I know I'm rather late when it comes to analysing my portfolio performance for 2023.  I'd first like to commemorate an ..read more

Introduction In recent times, we've seen the rather fierce comeback of REITs, evident from the fact that the iEdge S-REIT index rebounded by approximately 14% from its recent October 26 lows. If you ask the average Singaporean investor, they'll tell you that the Singapore stock market is only renowned for two assets: The trio of banks, alongside S-REITs. However, with the recent run S-REITs' prices have undergone, I can't help but wonder if there are any other quality stocks our little red dot can offer. After all, we don't want our portfolio to simply consist of real estate and financials now ..read more

Introduction With interest rates rocketing to decade highs, it's no wonder dividend stocks, especially REITs, have taken a huge beating. The Singapore Stock Market has widely been known for its REITs, filled with large cap firms backed by corporate giants. But have the smaller, newer REITs been overshadowed and neglected? More importantly, can investors make money from them? Well, that's what we're here for.  Daiwa House Logistics Trust Logo (Source: DHLT Website) Daiwa House Logistics Trust, hereby abbreviated as "DHLT", is sponsored by Daiwa House Industry, and is an industr ..read more

I think it's rather apt to say that the market has been an absolute bloodbath in recent times, with REITs as an asset class taking an especially heavy beating. Today's post will be a short one, in which I will discuss what are my personal views when it comes market downturns and how I respond to them. Source: ET Money Firstly, I just want to outline how I've personally been affected by the onslaught on REIT prices. It's no secret that my portfolio is heavily concentrated in United Hampshire US REIT, with the sole ticker having a whopping 65% weightage in my portfolio. The security's pric ..read more

Since time immemorial, there have been two rather straightforward business models when it comes to real estate: Rental and Development. For the case of rental specifically, you have tenants locked into lease contracts which more or less guarantees a steady cash flow from your rental properties, and that's exactly what LHN Limited (SGX: 41O) has been doing, dipping its fingers into some pretty special pies.  Over time, I must admit that I've developed quite an inclination towards high recurring income and cash flow businesses, which naturally led LHN Limited t ..read more

 Hello everyone! PL here with just a short portfolio update to rid the radio silence of my blog! I'm currently undergoing my vocational training and hence still don't have too much free time to continue writing detailed blog posts regularly. Nevertheless, here are just some updates on my portfolio :) Screenshot of my Tiger Brokers Portfolio Initially, my portfolio had Keppel Corp in 100% weightage, but I took profit on half of the proceedings when Keppel neared the $6.50 range and put the available cash into United Hampshire US REIT, which is a counter I've covered in the past. Ove ..read more