FTSE STI ended 2018 at 3068.76 compared with 3402.92 a year ago, representing a loss of  334.16 point or 9.82%.  It was never a good year for global stock market not just STI.  Most of the year STI was in correction mode with a high of 3641.65 in May and a low of 2955.68 in October.  The following summarized my Investment Portfolio performance for 2018 vs 201720182017Variant Non-Strategic Unrealized Gain/Loss              +34.89%         +68.72%      -49.23%Strategic Unrealized Gain/Loss              +22.20%         +21.29%      +4.27%Portfolio Unrealized Gain/Loss          &nbs

Investment Portfolio1. Received MapletreeInd scrip dividend, increasing holding by 1.64%, reducing holding price from $0.8537 to $0.8399StockHolding Price*Market PriceUnrealized Profit/LossDividend ReturnNon-StrategicCapitaMall Trust$1.155$2.26+93.26%+85.66%First REIT$0.5973$0.985+64.52%+114.82%Genting SP$0.5314$0.975+82.89%+25.40%KepCorp$7.4156$5.91-20.67%+43.97%SIA$12.0697$9.42-22.36%+35.17%SingPost$1.0093$0.915-9.92%+48.27%MapletreeInd Trust$0.8537$1.91+126.03%+72.54%Kep DC Reit$0.9174$1.35+49.83%+22.74%Frasers Cpt Trust$1.6314$2.17+31.32%+21.51%Unrealized+34.89%+63.39%StrategicKep REIT--$1.14114.00 cents/share20.47 cents/unitFrasersCom Trust--$1.36136.00 cents/share7.20 cents/unitMapletreeCom Trust--$1.65165.00 cents/share19.92 cents/unitMapletreelog Trust--$1.26126.00 cents/share17.06

We highlight two investment themes that UOBKH recommends for investing: Dividend From Cash Machines and M&A Plays. Investors Takeaway: 2 Cash Rich Stocks For Dividend Seekers With the rising interest rate environment, UOBKH recommends investors to focus on high dividend yield stocks that are less correlated with higher rates. For this investment theme, UOBKH favours CSE Global and Valuetronics. There are also large caps that UOBKH prefers, like SingTel, DBS, SATS and ST Engineering. According to UOBKH’s estimates, these stocks offer sustainable dividend yields of at least four percent. They are also forecasted to grow their dividends in the next 1-2 years. CSE Global CSE Global has benefitted from higher oil prices in 2018. Going forward, there are potential synergies from its new

For the past quarters, manufacturers have been enjoying a boom in investors’ demand as Singapore’s economy recovers. But ever since US President Trump started his trade war rhetoric against China, manufacturers have fallen out of favour. Trade War, Rising Labour Costs And Rising Raw Material Costs Among Headwinds For Manufacturers The concern was largely surrounding the impact of the trade war on global trade and global economic growth. As businesses turn more cautious on increasing risks of trade tensions, some of the manufacturers are facing pricing pressure from their customers. Some customers have even delayed orders to wait for a recovery in consumers’ sentiment. Apart from worries of the macro economic environment, there are also challenges within the manufacturing sector. Risi

Integrated electronic manufacturing services (EMS) provider Valuetronics Holdings’ (Valuetronics) share price fell roughly 37.2 percent from its peak of $1.09, which it touched in late-March this year. Its share price has been battered in recent months as investors are cautious about the impact of the on-going US-China trade war. For the EMS provider, all of its manufacturing plants are located in China and it derived a significant 41.9 percent of revenue from the US in FY18. On top of that, Valuetronics delivered a mixed earnings performance in the latest quarter. Is the beaten-down share price an opportune entry point for investors? We dive deeper to see if Valuetronics could rekindle better performances in coming quarters. Latest Earnings In 1H19, revenue remained flat at HK$1.4 bill

Is the worst of the trade conflict finally behind us? On Monday, stock markets in Asia reacted positively to the announcement that the United States and China have agreed not to impose further tariffs on each other for 90 days. China is hoping that the US will remove tariffs imposed in July, while the White House said that talks will take place to resolve specific US complaints such as “forced technology transfer” within the next 90 days. If the trade conflict does resolve, it will certainly be good news for investors around the world. Lower trade barriers mean more efficient use of resources and larger markets for companies around the world in a time where trade has become a major part of the world economy. While the lifting of trade tariffs do not directly impact Singapore,

The Straits Times Index (SGX: ^STI) has rallied 2.1% as of the time of writing today. The spike comes after US President Donald Trump and Chinese President Xi Jinping agreed to a truce on the trade war over dinner on Saturday after the G20 summit. If you are wondering what stocks you should consider for your portfolio amid the rally, you have to look no further. Using data from S&P Global Market Intelligence and the Magic Formula investing strategy developed by investor Joel Greenblatt, I found some of the best Singapore-listed stocks for December that could go on to do well. The basic premise of the Magic Formula is to find the 30 best shares in the market as ranked by their cheapness and their quality, and to hold on to that basket shares for a year before repeating the ranking proc

Investment Portfolio1. Received CapitaMall Trust dividend of 4.35 cents/unit2. Received SingPost dividend of 0.50 cents/share3. Received SIA dividend of 8 cents/shareStockHolding Price*Market PriceUnrealized Profit/LossDividend ReturnNon-StrategicCapitaMall Trust$1.155$2.25+92.40%+85.66%First REIT$0.5973$1.04+73.70%+114.82%Genting SP$0.5314$0.97+81.95%+25.40%KepCorp$7.4156$6.06-18.64%+43.97%SIA$12.0697$9.51-21.61%+35.17%SingPost$1.0093$0.99-2.49%+48.27%MapletreeInd Trust$0.8537$1.90+121.19%+72.54%Kep DC Reit$0.9174$1.36+50.94%+22.74%Frasers Cpt Trust$1.6314$2.16+30.71%+21.51%Unrealized+38.56%+63.39%StrategicKep REIT--$1.15115.00 cents/share20.47 cents/unitFrasersCom Trust--$1.38138.00 cents/share7.20 cents/unitMapletreeCom Trust--$1.66166.00 cents/share19.92 cents/unitMapletreelog Trust--$

Valuetronics Holdings Limited (SGX: BN2) is an integrated electronic manufacturing service provider headquartered in Hong Kong. It offers a combination of design, engineering, manufacturing, and supply chain support services for electronic and electro-mechanical products. At the current price of S$0.68 (at the time of writing), the company’s stock is trading at 209% higher than its price of S$0.22 five years ago.This captured my attention and got me interested in finding out more about the company. In particular, I want to understand: Does it have a high-quality business? This question is important. If Valuetronics has a high-quality business, it might be a good long term investment opportunity. Unfortunately, there’s no easy answer to the question. But, a simple metric can help shed

1. SPH Reit  --  11th Oct 20182. Keppel Reit  --  15th Oct 20183. Keppel DC Reit  --  16th Oct 20184. Kep Infra Trust  --  16th Oct 20185. First Reit  --  16th Oct 20186. Kep-KBS US Reit  --  17th Oct 20187. Kep T&T  --  17th Oct 20188. Kep Corp  --  18th Oct 20189. FrasersCom Trust  --  19th Oct 201810. SGX  --  19th Oct 201811. Mapletreelog Trust  --  22nd Oct 201812. MapletreeInd Trust  --  23rd Oct 201813. Frasers Cpt Trust  --  24th Oct 201814. MapletreeCom Trust  --  24th Oct 201815. Suntec Reit  --  24th Oct 201816. M1  --  24th Oct201817. Semb Mar  --  25th Oct 201818. Parkway Life  --  25th Oct 20181

I just want to share the spate of bad luck that has I have experienced over the past 3 days.If you'll indulge me in a spate of superstition, the thing started with me plundering the spare cash I've been keeping behind my altar of deities because I needed some spare change. While I am an atheist but I collect Gods of Wealth from countries I visit, I populate my altar with the deities along with characters from Pop Culture like Tywin Lannister, Batman, Ironman and Ozymandias.These are, after all,  various gods and icons of wealth, after I took $100 from their stash, shit started to happen :a) APTVI keep APTV not because it's part of any quantitative model I have.APTV is a legacy holding from my yield pig days before I started upping my investment game after gaining access to unlimited B

Valuetronics Holdings Limited (SGX: BN2) is an integrated electronics manufacturing services provider with its headquarters in Hong Kong. The firm was founded in 1992 and offers a wide range of design, engineering, manufacturing, and supply chain support services for electronic and electro-mechanical products. Valuetronics has two business segments – consumer electronics (CE), and industrial and commercial electronics (ICE). Yesterday, the electronics manufacturing services provider announced its financial results for the second quarter ended 30 September 2018. Let’s look at the key takeaways from the announcement here. 1. Overall revenue inched down by 1.3% year-on-year to HK$ 716.2 million. The fall was due to lower revenue at the CE segment, which was offset slightly by the ICE segm

From its peak in early May 2018, the Straits Times Index (SGX: ^STI) has fallen by some 17%. Even though the stock market has been jittery of late, some stocks could go on to beat the market. Using data from S&P Global Market Intelligence and the Magic Formula investing strategy developed by investor Joel Greenblatt, I found some of the best Singapore-listed stocks for November that could go on to do well. The basic premise of the Magic Formula is to first find a list of the best shares in the market as ranked by their cheapness and their quality, then buy that list of shares and hold them for a year, before repeating the ranking process. For a deeper understanding of how the formula works, here’s an article explaining the strategy. With that, here are the top 20 stocks in Sin

Investment Portfolio1. Received Kep Reit dividend of 1.36 cents/unit2. Received First REIT dividend of 2.15 cents/unit3. Received FrasersCom Trust dividend of 2.40 cents/unit4. Entitled to MapletreeInd Trust scrip or cash dividend of 3.01 cents/unit5. Received Frasers Cpt Trust dividend of 2.862 cents/unit6. Received MapletreeCom Trust dividend of 2.27 cents/unitStockHolding Price*Market PriceUnrealized Profit/LossDividend ReturnNon-StrategicCapitaMall Trust$1.155$2.11+80.35%+81.92%First REIT$0.5973$1.20+100.43%+114.82%Genting SP$0.5314$0.88+65.02%+25.40%KepCorp$7.4156$6.20-16.76%+43.97%SIA$12.0697$9.48-21.86%+34.50%SingPost$1.0093$1.04+2.46%+47.77%MapletreeInd Trust$0.8537$1.85+115.34%+72.54%Kep DC Reit$0.9174$1.33+47.60%+22.74%Frasers Cpt Trust$1.6314$2.16+30.71%+21.51%Unrealized+44.61%+

Valuetronics Holdings Limited (SGX: BN2) is an integrated electronics manufacturing service provider headquartered in Hong Kong. It offers a combination of design, engineering, manufacturing, and supply chain support services for electronic and electro-mechanical products. In a previous article of mine, I looked at Valuetronics’ revenue streams to understand its business. In this article, I will take the next step to understand the company’s cost structure. Doing so is important – after all, a company’s profit is what is left after deducting costs from revenue, and it is a company’s profit that determines the performance of its share price over the long run. Here’s a breakdown of Valuetronics’ costs for its financial year ended 31 March 2018 (FY2018): Sourc

Never have I invested in a stock in the past was first looking at its Technical Analysis instead of its fundamental.  Normally, the nature of the company's business, the quality of the products or services being offered, the quality of management, etc will be the first few factors that will attract me to do more research on the company and determine is it worth to invest in.  However, for Creative Technology, this will be the first stock (and hopefully last) that I get attracted to initially is from the Technical Analysis of its price performance.  I was analyzing for the price to move in Elliott Wave pattern after the company announced its new product, the Super X-Fi, which many said is the "holy grail" (refer here and here).  I wasn't impressed with the product initia

The following is the Elliott Wave Supercycle degree chartTo ensure the Supercycle wave count is more accurate, the following criteria are being adopted.1. Any economic recession shall occur in Supercycle degree corrective wave2. Any severe weakness in company or industry fundamental shall occur in Supercycle degree corrective wave3. Any weakness in company or industry fundamental can occur in Cycle degree corrective waveThe followings are the possible wave count.Wave Count 1 (Black)Supercycle Wave ((1)) in 2007 and Wave ((2)) in 2009 due to 2008 GFC.  It completed Wave ((3)) in Mar 2018 and now in Wave ((4)).  Though during these periods there isn't any economic recession, the ongoing US-China trade war and the concern of oversupply from its client on smart lighting which are hav

The woes of the global market continue to drag down performance of the STI and investors are seeing the warning signs to be more selective in stock picking. Here are five stocks that UOBKH thinks will be better positioned. Investors Takeaway: 5 Stocks To Make Your Portfolio More Robust Valuetronics Valuetronics continue to enjoy healthy demand for the industrial and commercial electronics (ICE) segment. While it has not yet transpired to strong earnings this time round, UOBKH foresees a better earnings report for Valuetronics in the upcoming quarter. UOBKH highlights that recovery in the smart lighting segment is progressing smoothly. Valuetronics has also been focusing on more product innovation, which will help its consumer electronics division to continue driving stable growth in th

Valuetronics Holdings Limited (SGX: BN2) is an integrated electronic manufacturing service provider headquartered in Hong Kong. It offers a combination of design, engineering, manufacturing, and supply chain support services for electronic and electro-mechanical products. In this article, let’s look at how the company makes its money. Here, I will look at this aspect from two perspectives — by segment and by region. By segment Source: Valuetronics 2018 Annual Report The first aspect that we will look at is Valuetronics’ revenue breakdown by segment. From the above, we can see that Valuetronics breaks down its revenue into two segments — consumer electronics, and industrial and commercial electronics. Examples of products supplied by the company are smart lighting pr

United Overseas Bank Price – $26.85 Target – $33.30 The Federal Open Market Committee (FOMC) raised the US federal funds rate (FFR) by 25 basis points (bps) on 26 Sep-2018, and indicated the possibility of another FFR hike in December with three more to follow next year. Historically, there is a positive correlation between FFR and 3-month SIBOR, which has also risen to an average of 1.63% in 3Q18 from 1.51% in the prior quarter representing a 12 bps q-o-q increment. This will help to widen the 3Q18 net interest margin for United Overseas Bank (UOB). Furthermore, healthy sales in recent property launches indicated that the Government’s property cooling measures in early July might have limited impact on mortgage growth. Meanwhile, UOB pressed on with its plans for a digital bank, whi