Added 10,000 shares of CapitaLand Investment (CLI) at $2.48 on 18 Apr 2024. Reason for buying: 1) 52w low Trying my luck to queue at $2.48 when the share price was hovering around $2.52 at that time. Their restructuring launch price was $2.95 on 20 Sep 2021 2) Share buyback in Jan 2024  CLI did 11 days of share buyback in Jan 2024 alone.  The share buyback price range between $2.90 to $3.01 3) 12 cents Dividend   At my buy price of $2.48, 12 cents dividend is 4.8% going XD on 2 May 2024. Although the dividend is nothing to shout out loud, I will treat it as a ..read more

  Sign up Lendlease app can get $20 evoucher for free to use at Lendlease shopping malls (Jem/ Parkway parade / PLQ / Somerset 313)   1. Download Lendlease app   2. Sign up and use referral code 'gW7Gjt' when signing up or click on this link: https://lendleaseplusapp.page.link/LA5vHit7FaevNSZs5 Can be use in shops such as NTUC / IKEA / Donki ..read more

  Lendlease REIT held their AGM on 31 Oct 2023 at 2pm. Shareholders questions were answered before the actual AGM. You can view Lendlease REIT responses here. For the AGM slide, you can view them here. There is nothing special in the AGM slide, so will skip that. In general, today AGM is quite peaceful as the questions asked in the AGM are quite friendly and Mr Kelvin Chow (CEO) did answer each and every questions well. Well Done Mr CEO :D Note: What puzzle me is CFO is not seated on stage, not sure if he is present today. Million dollar question: Will there be any rights i ..read more

  Added 27,000 shares of CapitaLand Integrated Commercial Trust (CICT) at $1.88 on 21 Sep 2023. This bring my total shares of CICT to 41,000. Reason for buying: 1) Similar to why I buy it on 2 Mar 2023 2) Anchoring effect on price at $1.88 The anchoring effect is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the “anchor”) when making decisions. During decision making, anchoring occurs when individuals use an initial piece of information to make subsequent judgments ..read more

  Added 11,000 shares of Lendlease at $0.65 on 10 Jul. In total, I own 86,600 Lendlease shares (Including the DRP of 1600 shares in 30 Mar) Reason for buying:   1) Dividend Yield 7.5% Semi annual payout. Next XD will be in Aug 2023 2) PB 0.83 3) Acquire 10% stake in Parkway Parade Although I would prefer they acquire Paya Lebar Quarter (PLQ) instead of Parkway Parade. Nevertheless, it is a good start to have 1 new asset in the portfolio as long as it is DPU accretion. With direct linkway to upcoming Marine Parade MRT station (TEL) next year, this will drive more shopper traff ..read more

  Added 3,000 shares of Link Reit on 9 Jun at HKD47.40 Reason for buying: 1) Near to 5 years low (Even lower than during Covid) Link Reit is the largest REIT in Asia by market capitalisation Image from Proposed Merger of MCT and MNACT (Apr 2022) I believe one of the main reason for this giant to trade at such low price now is mainly due to Rights Issue in Feb 2023 at 29.6% discount to last trading price (Link). This resulted in lower dividend % due to enlarged share numbers. Nevertheless, the Rights Issue is 240% subscribed (Link). 2) Dividend 5.69% This time round, t ..read more

  Sold 32,000 shares of Digital Core Reit on 7 Jun at US$0.46 Total profit is SGD 1186.29 (6.4%) for around 2.5months. Reason for selling: 1) News of Cyxtera Technologies filed for Chapter 11 (Bankruptcy) On 4 Jun, Cyxtera Technologies (22.4% of Digital Core REIT’s annualised rental revenue) filed for Chapter 11 (Bankruptcy).  Mr Market seem to welcome this long awaiting news which cause Digital Core Reit shares price went up instead.  Since majority of US sponsor who listed in SGX market do not have good history outcome, thus, any profit is consider a good profit. 2) A ..read more

  Sold 16,000 shares of ComfortDelGro at $1.17 on 21 Mar. Total loss including dividend is $5373.30 (-21.5%) Reason for selling:  1) Share price remain weak  I am disappointed with CDG share price especially when the price post COVID is lower than pre COVID. Even with special dividend declared, the share price still remain sideway.  2) Weak Fundamental  Given the current Bus Contracting Model (BCM), I am expecting SBS Transit to further losing market share + lower margin.  The number of taxis on the roads are decreasing too. Final dividend for ..read more

  What is Circle DNA? Circle DNA empower individuals with valuable health insights to live healthier and happier lives. We give everyone the power to be in control of their own health. Why am I interested in Circle DNA? I got to know about Circle DNA via Channel New Asia (CNA) Talking Point - S1E17: DNA Test Kits: Are They Worth My Money? I am interested to gain insight about my DNA in order for me to take preventive steps instead of reactive, so that to have a healthy life. Lucky to get the Circle Premium set during pre Black Friday sales at SGD350 (Usual SGD899). Unboxing ..read more

   Mapletree Industrial Trust (MIT) held their AGM on 19 July 2022 at 2.30pm and it ended around 4pm. Shareholders questions were answered before the actual AGM. You can view MIT responses here. For the AGM slide, you can view them here. During the AGM, they highlight their achievement for 2021 (Above) and ESG (Below). CFO Lily Ler had spent a few minutes on this slide to explain about how the increase in interest rate will affect MIT. If interest rate increase by 50bps, there will be a decrease of 0.13cents DPU per annual. At this moment, MIT had a hedge ratio ..read more