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Total Dividend Collected between Jan – May 2018 : SGD $ 12,686.14
Income distribution in Apr and May came from Nikko Asia Ex Japan Reit ETF, M1, ST Engineering, SGX, Keppel Corp, Starhub, DBS, Sabana, Capitalmall, Suntec, Keppel Reit, Mapletree, Apple, Citibank, Bank of America,
Total Profit/Loss from Sales of Stock between Jan – May 2018: SGD 5414.10 (Structured Note Knock-Out, Lion Philip S-Reit ETF) .
In the past months, I added Ping An Insurance, Tencent, Alibaba during the market dip and sold away Lion Philip S-Reit ETF. There’s alot of volatility in the market and I am definitely not a fan of using tweets as the art of the deal. I learnt that the biggest challenge with a growth portfolio is managing noise in the market and keeping zen.
What better way to keep zen than listening to Hyukoh’s new album launched just 2 days ago :-). The Singapore reits is undergoing a downtrend, let’s see whether I can pick up some bargains to rebuild my passive portfolio. In the meantime, safe investing everyone !
혁오 (HYUKOH) - 24 : How to find true love and happiness 전곡 듣기 - YouTube
From their song Am I Wrong:
“The world’s goin’ crazy. And you? How bout ya? You think it is okay? I really don’t think it is. Even with ears, there’s no listening; even with eyes, there’s no seeing. A fish lives in everyone’s hearts – Its name is SELFISH SELFISH”
From their song Baepsae:
They call me a try-hard. Our generation has had it hard. Hurry, chase ‘em; My teachers were born with it all. At my part time job, it’s “all for experience”. At school, there’s the teachers. My superiors use violence. In the media they go on about ‘the generation that’s given up.’”
From their song N.O:
“Dreams disappeared: There was no time to rest, it’s a cycle of school, home or an Internet cafe. Everyone lives the same life; students who are pressured to be number one, live in-between dreams and reality.”
“Who is the one who made us into studying machines? They classify us to either being number one or dropping out; they trap us in borders, the adults; there’s no choice but to consent. Even if we think simply, it’s the survival of the fittest.”
5. Creative Team (Storytelling / Alternative Universe MVs)
6. Active Social Media Engagements with Fans
I have to say however I think their ARMY (or, Adorable Representative M.C. for Youth) fanbase are the ones that really pushed them to the global stage. The way the fandom operates on social media is AMAZING. They create a calendar of hashtag keywords that they wish to trend on twitter and it will start appearing in the worldwide and local top trend list on the exact day that they have planned. They even have two twitter groups called “BTS ARMY Statistics” @btsarmystats and “BTS Voting Team” @btsvotingteam which keeps track of all their tweets, retweets, vote and view counts across all the different social media platforms and music charts. I’m not sure whether there’s any digital agencies today that can be as dedicated, coordinated and effective as them. Their hard work resulted in BTS topping many music charts worldwide and winning many music awards. They overtook Justin Bieber for the Billboard Music Award for Top Social Artist in 2017. They even earned a Guinness World Record 2018 for the most Twitter engagements for a music group.
The ARMY are also extremely creative group when it comes to content creation. If you do a simple search on youtube, you will see a huge range of entertaining and sometimes high quality contents.
I thought these analysis made by the fans were extremely deep and impressive. Probably could be used as teaching aid materials in class. Never thought one could analyze an MV like that. Here are some samples :
Fascinated, I decided to take a peek at the quarterly reports of Twitter to explore whether BTS were responsible for expanding Twitter’s international user base and helped them achieved profitability for the first time in Q4 2017. Apparently, BTS started gaining worldwide popularity during their release of The Most Beautiful Moment in Life, Part 1 album launched on April 29 2015. Looking at the user growth charts, there were 12 million new users added to Twitter between Q2 2015 to Q4 2017. With BTS gaining more exposure in US and launching new album in Japan, I will be keenly interested to see whether that would significantly influence this growth
There were talks that BIGHIT might launch an IPO. If they do, they probably should do it in the US. Looking at the way ARMY is ran, who knows it might become the biggest IPO in history.
Let’s celebrate this day by cheering a Singapore lady who always speaks with her heart during budget every year!
“We are a nation well-versed with fear as a motivating force. We’ve come very far in surviving as a country by not ignoring our fears. But it is not the only emotion worth listening to. Fear alone cannot bring us past a space of surviving into a space of thriving.
When I live-poll youths in JCs, polys and ITEs about what is one word they associate with the future of Singapore, you know what word consistently emerges as the biggest on their word cloud?
It’s the word – “Uncertain”.
So yes, I think we have definitely succeeded in engraining in them the message of our vulnerabilities. I think they got it.
The emotion of fear while useful can become uninspiring and paralysing as a mood. Our youths are hungry for a new certainty.
And that certainty can only come from the promise of a new story, a story of a Who and Why that is bigger than the sum of our fears about What and How.
Our youths need to hear the greater story of all the things we want to do for love – not just fear. A story straight from the heart of every leader in the land about all the meaning that money can buy – not just for ourselves but for each other.
At some point, we need to discern when to stop operating in fear that the bottom will fall out of Our Singapore Story.
There is a time for fear. And there is also a time for courage
– courage born from the fire of fighting for our ideals – to simply say in the face of fear:
We have enough.
We are enough.
It’s time to let more of us have enough too.
In that space of sufficiency, we shall find our satisfaction.
I do see the Finance Minister’s heart for the people. I support his openness to finding new ways forward and his courage to make hard choices.
I hope the Minister and the government can work together with a new generation, idealists and pragmatists alike, to help them dream of a better future that they would be proud to call their own.
Snippets from Shiao-yin Kuik Budget 2018 speech “The True Cost of Living” –
Here’s my favorite speech from her during the last Budget.
NMP Kuik Shiao Yin's passionate speech about the poor... Well Done! - 01Mar2017 - YouTube
Total Dividend Collected between Jan – Feb 2018 : SGD $ 2,650.71.
Income distribution in Jan and Feb came from Aimsamp Cap Reit, Nikko Asia Reit ETF, Singtel, Sabana Reits, Keppel Reits, Capitalmall Trust, SGX and Suntec Reit.
Total Profit/Loss from Sales of Stock between Jan – Feb 2018: SGD 0.
Gong Xi Fa Cai ! Happy New Year ! Don’t forget the 12 Million Toto draw tomorrow.
I added some Tencent, MapleTree Logistics, MapleTree Industrial and ST Engineering during the market dip this month. February has been a roller coaster ride for the US stock market, the Volatility Index surged to almost 30 and the stock market plunge almost 1000 points giving back 50% of all the gains in 2017. While I was shopping for bargains, the market went up again recovering what it has lost before I could take any concrete actions. Looks like we are now trading in an environment where the robots have a certain set of stop loss rules thus triggering this panic sell despite a relatively healthy and vibrant economy. Did you managed to get some bargains during the flash sale ? If yes, congratulations !
Songs that are in my playlist these months : (Yeap, I caught a Hyukoh virus :-p)
HYUKOH (혁오) – Paul ['23'] LYRICS [Han/Rom/Eng] - YouTube
Yes ! I finally sold off bulk of my Starhub stock and I am heart broken.
Starhub has been one of my favourite stock that I have kept close to my heart for more than 10 years (since 2005 where I first started my investment journey). Total gains from Starhub todate is $ 383,340 (+95%). (Dividends : $272,666; Capital gain : $97,658; Unrealised Profit : $13,016 ).
When the management announced that Starhub was going to cut dividend Q1 2017 this year, I decided to trim a significant % of the stock.
Why did I fall in love with Starhub
Solid history of paying and increasing dividends.
Yearly dividend distribution commitment and forecast by management.
Loved their Hubbing Strategy.
Telecom sectors are typically deemed defensive sectors during market corrections.
The Art of Selling
Although I have made seemingly good profits from Starhub, I felt that I could have done better in terms of the timing of the sale.
Looking at the chart, if I had sold at it’s peak at $4.73 in year 2013, I would be looking at a profit of 581,767 (+144 % Capital Gain : $454,133 Dividend : $127,634). Although I was aware of these signs of trouble, I only decided to take action when the dividend cut was confirmed as I was hoping that the management will still try to keep it’s 20 cents dividend commitment for 2017. Even if there was a dividend cut, I wasn’t expecting the price to fluctuate so badly. The share buyback and CEO Tan Tong Hai acquisition of 100K stocks at $2.795 in Nov 2016 also gave me the false assumptions that maybe the dividend cut wouldn’t happen.
Signs of Trouble
Uprising of Over-The-Top Players resulting in declines in value-added services revenues and lack of transformation strategy.
Year 2008 – Launch of iPhone with Appstore.
Year 2013 – Facebook mobile growth.
Year 2016 – Netflix launch in Singapore.
2. Dividend-to-Free-Cash-Flow Ratio > 100%
If a company has a dividend-to-free-cash-flow-ratio over 100% then that means that the company is paying out more to its shareholders than it’s free cash flow. This is typically not a good recipe for the company’s financial health; it can be a sign that the dividend payment will be cut in the future. Sure enough, Starhub experienced dividend-to-free-cash-flow-ratio > 100% in 2013. It managed to hang on to 5 years before it eventually surrenders and cut it’s dividend in 2017.
Hubbing strategy didn’t managed to keep them from losing customers to competition.
4. Shareholder Exit & Sell Off – Q4 2016
17 Aug 2016 Robert JaySachs dispose 100K at $3.90.
30 Dec 2016 Robert JaySachs Resigns
5. Dividend Cut – Q1 2017
Moving forward, I probably need to set some rules to protect capital gains in my dividend stocks. Thinking back, if I had sold it off at it’s peak, would I have picked it up later at a higher price and is now suffering from a capital loss ?
Do you have an exit strategy / checklist for your dividend stocks or similar experience to share? I would love to hear from you !