1.  SPH REIT  --  6th Oct 20202. SPH  --  13th Oct 20203. Keppel REIT  --  19th Oct 2020  (Business Update)4. Mapletreelog Trust  --  19th Oct 20205. Keppel DC Reit  --  20th Oct 2020  (Business Update)6. Keppel Pac Oak US REIT  --  21st Oct 2020  (Business Update)7. Keppel Infra Trust  --  21st Oct 2020  (Business Update)8. CapitaCom Trust  --  21st Oct 20209. MapletreeCom Trust  --  22nd Oct 2020 10. CapitaMall Trust  --  22nd Oct 202011. Ascendas Reit  --  26th Oct 2020  (Business Update)12. MapletreeInd Trust  --  27th Oct 202013. Starhill Global REIT  --  28th Oct 2020  (Business Update)14. Kep Corp  --  29t

COVID-19 has impacted various sectors in dramatic ways and yet benefitting totally different sectors altogether. This post tries to connect the dots and to crystallize some of these thoughts. Hope this helps!1. Business and long distance travel. This will be impacted for a long time. Some say air traffic will not return to 2019 level even in 2024. As such, airlines are in a lot of trouble. Related to that, inflight meals (SATS), aircraft servicing (ST Engineering and SIA Engineering), hotels, tourism goods, luxury products, demand for gasoline, the whole aerospace industry, in short, the better half of Singapore's listed companies and even business travel solutions - SAP is down 20% in one day!2. Social distancing. This has impacted restaurants, cinemas, live events, spectator sp

Having a strong sponsor or major shareholder is crucial for stock investment, especially during period of uncertainty such as COVID-19 stock crisis.  In this article, Dr Tee will review these 7 Temasek stocks with 4 major corporate actions: 1) Keppel Corp (SGX: BN4) – Abandon of Partial Acquisition by Temasek 2) Sembcorp Industries (SGX: U96) & Sembcorp Marine (SGX: S51) – Successful Demerger under Temasek 3) Singapore Airlines, SIA (SGX: C6L) – Impact of Rights & Bonds Issues for Survival 4) CapitaLand Mall Trust (SGX: C38U) & CapitaLand Commercial Trust (SGX: C61U) – Merger of CapitaLand (SGX: C31) Giant REITs with coming change in 30 STI component stock with Keppel DC REIT (SGX: AJBU) Temasek helps to manage national wealth of Sin

The Straits Times Index drifted to a 19-points or 0.76% loss at 2,490.09; US tech sector selloff weighed on sentiment; Also disappointing markets was US failure to agree on relief package; Singapore economists expect local economy to contract 6% this year; China’s exports rose for 3rd consecutive month in August; Worst could be over for earnings of listed companies but cap on bank dividends could extend into 2021: DBS; Sembcorp Marine’s rights issue was undersubscribed; Maybank Kim Eng raised its STI target to 2,995   A lacklustre week with US tech stocks at the forefront The Straits Times Index dropped 19 points or 0.76% to 2,490.09 over five relatively featureless trading sessions last week, with the main consideration being the fate of a US technology sector that has been un

1. SIA Engg  --  17th Jul 2020  (Business Update)2. Semb Corp  --  17th Jul 20203. Kep REIT  --  20th Jul 20204. Mapletreelog Trust  --  20th Jul 20205. Kep DC REIT  --  21st Jul 20206. MapletreeInd Trust  --  21st Jul 20207. CapitaMall Trust  --  22nd Jul 20208. Kep Infra Trust  --  22nd Jul 20209. Kep Pac Oak US REIT  --  22nd Jul 202010. First REIT  --  22nd Jul 202011. CapitaCom Trust  --  23rd Jul 202012. Ascendas Reit  --  23rd Jul 202013. Suntec REIT  --  23rd Jul 202014. Frasers Cpt Trust  --  23rd Jul 2020  (Business Update)15. MapletreeCom Trust  --  23rd Jul 2020  (Business Update)16. Mapletree NACT  --  27

This year's dividend list is out! Dividend related topics have consistently been popular and this year we would like to introduce Poems screening tool to generate your own list. Poems have been one of the strongest Singapore brokers over all these years, despite it not being part of a bigger conglomerate. Perhaps, it's precisely because it's not part of any conglomerate that it understands what the small investors need.Here's how the screener looks like (below). There are only a couple of factors to choose from, but it's good enough. For this year's list of Singapore stocks, I have chosen just a few criterias:1. Market cap of more than a billion2. ROA and ROE of more than 4% and 12% respectively.3. Dividend yield of 3%.Poems stock screener for SGXThis year's list is interesting given the b

Temasek stocks of Sembcorp Industries SGX: U96, parent stock) and Sembcorp Marine (SGX: S51, subsidiary stock) just announce 2 bundled corporate actions of rights issue for Sembcorp Marine and then demerger from Sembcorp Industries. In this article, Dr Tee will compare both Sembcorp stocks and share the possible causes and effects of such actions with deeper analysis. Recently, Temasek stock of Singapore Airlines, SIA (SGX: C6L) just completed the rights and mandatory convertible bonds (MCB) issues to inject extra capital to save the company from Covid-19 crisis encountered in airlines sector with over 90% drop in number of flights. Temasek would become the sponsor to take up additional rights and bonds if not taken up by other shareholders. Temasek may have modified the “res

SillyInc is a small boutique investment two man show company. Recently the company has stepped out of Singapore markets and has been actively putting its cash to use. We are pleased to interview the CEO of SillyInc, Sillyinvestor in this maiden Issue of Bi Sai TimesFirst of all, to see the amount of actions taken, at the end of 2019, "Vested amount is 66K in cash account, SRS 9.3K and CPF 5.7K", but in 1H 2020, Vested amount in cash account is 117K, SRS 11.8 k  and CPF 20.4 K. There is a maiden venture into HK Ex of 5KQ: Why the venture to Hong Kong Exchange, and why not US? A: We did look at US ETFs, but the reason why we went to HK at around Feb is because we find Strong free cash flow generating companies giving yield in excess of 7%, and after studying the companies, we find

Sign up & unlock articles! SPH share price is in crisis. 22 June 2020 marked the end of 22 years of journey in the Straits Times Index (STI) for SPH, which was being replaced by Mapletree Industrial Trust. Given that the revamped STI was created by SPH in 1998, the latest development is indeed a terrible setback for SPH share price. But in my view, this move could be a strategy by the management to ward off short-selling attacks. SPH share price in Halloween nightmare SPH share price plunged to record 14-year low SPH share price in disaster From 2 December 2019, SGX has dramatically reduced the borrowing rates for index stocks from 6% to 0.5%. This means that if SPH continued to remain in the STI, SPH share price will be vulnerable to short-selling attacks. Currently, investors had l

Sign up & unlock articles! What a gut-wrenching ride. SIAEC share price staged an impressive come-back as it surged from a low of $1.50 on 23 March 2020 to the current $2.20. The uptick in SIAEC share price represented a whopping 46% increase. Is it the right time for parent company, Singapore Airlines (SIA), to launch a privatization of SIAEC? SIAEC plunged into hell SIAEC share price and ST Engineering in bizarre tales SIAEC share price in bloodbath with Temasek Holdings The major catalyst for SIAEC share price is the potential privatization by SIA. Rumour of privatization had been ongoing for several years as SIA CEO Goh Choon Phong aggressively consolidated SIA’s portfolio assets in a bid to rationalize cost and create synergy among the Group entities. The consolidation eff

1. SPH REIT  --  1st Apr 20202. SPH  --  7th Apr 20203. Kep Infra Trust  --  20th Apr 20204. MapletreeCom Trust  --  22nd Apr 20205. Kep REIT  --  22nd Apr 20206. Parkway Life  --  22nd Apr 20207. Suntec Reit  --  22nd Apr 20208. Frasers Cpt Trust  --  23rd Apr 20209. Mapletreelog Trust  --  23rd Apr 202010. SGX  --  24th Apr 202011. MapletreeInd Trust  --  27th Apr 202012. Starhill Global REIT  --  28th Apr 202013. MNACT  --  29th Apr 202014. Kep Corp  --  29th Apr 202015. CapitaMall Trust  --  30th Apr 202016. DBS  --  30th Apr 20020 17. NetLink NBN Trust  --  6th May 202018. SingPost  --  8th May 202019. SIA E

Nestlé Malaysia Berhad owns a number of well-known household brands in Malaysia like the Nescafé, Maggi, and Milo brands. In fact, over nine million cups of Milo are consumed by Malaysians on a daily basis. It’s probably due to this ubiquity that Nestlé Malaysia’s share price has hardly fallen despite the COVID-19 pandemic. The company has also embarked on the premiumisation of a number of its products like establishing an alliance with Starbucks to launch ‘Starbucks at Home’ premium coffee products. At the same time, Nestlé Malaysia engages with social influencers and has set up a Kit Kat Chocolatery store to appeal to younger consumers of its products. In 2019, it expanded its Chembong Factory in Negeri Sembilan to manufacture Milo and divested its chilled dair

The bear market has brought intense reactions. Everyone has different plans or coping mechanisms.My friend ask for divine advice. I am not kidding. The advice he got is stay out of the market for the time being. That is when I started buying when STI is at 3000. The way I see it, there are a few ways.1) Exit to a level of comfort, taking some loss if necessary and stay out of the market 2) Accumulate at various points and continue buying3) Short the market4) Rotate your holdings, buy and sell at the same time and liquid some bonds (if u have)5) Look at signals (whatever sect u below) and trade in and out of marketIf u have a different option that I have not heard of, please leave a comment below.The point I am trying to make is, no matter which path u take, u will most probably b

This will be a short post.I believe in investing, we need the connect the numbers to a story to make better sense of a business. U can call it growth modeling or revenue projection, but I feel both u can't really make it buy or sell call without both.For a stock that I owned, I usually sit up when it falls 20 percent. I will ask my self to do 3 things. 1) Buy more, 2) Sell some or all, 3) find out more so that I can do 1) or 2) within days or a week.This approach has mix results but it keeps me sanity and allow me to sleep well. I will share examples and what I have learn from themA few examples. Sembcorp Industries, SIA engineering etc. Both I have been accumulating as they retreat. SIA engineering has rebound from a low of near 2 dollars and to a high of close to 3 dollars before th

Chairman message:Dear readers, it has been a while. 2020 has turned out quite unexpectedly. When your truly is preparing the CNY just more than a week ago, he could not have expected how serious the Wuhan virus could become. Nonetheless, we keep our steel and purchase several counters that were on our radar and hit our alert price. We will discuss more of that later in our future plans to 2020. In 2019, there were many firsts. We start investing using CPF, SRS and for the first time, enjoyed the rights to subscribe to Areit. We apologize to the lack of data for year 2018 as the management team went into depression mode.Operation ReviewDividends received:2016 - $38492017 - $22002018 --2019 - $2375Vested amount is 66K in cash account, SRS 9.3K and CPF 5.7K2019 is a year of accumulation but o

I am becoming lazy to doing updates... Time flies and 2019 is gone.  All my tradings are done and all dividends are collected.  It is time to do a final review on my portfolio's performace in 2019.Top 30 positions of my portfolio at end 2019:1. SGX2. UOB3. CMT4. SATS5. OCBC6. FCT7. Keppel DC Reit8. ParkwayLife Reit9. AIMS APAC Reit10. Keppel Corp11. CDL HTrust12. Mapletree Com Tr13. SPH14. Suntec Reit15. SingTel16. SPH Reit17. Frasers Com Tr18. Ascendas Reit19. Starhill Global Reit20. Capitaland21. Frasers L&I Tr22. Keppel InfraTr23. Bukit Sembawang24. SIA Engg25. Sembcorp Indust26. VICOM27. ST Engg28. Frasers Property29. Cache Log Tr30. Netlink NBN TrTotal dividends collected in 2019: $17,124.43Average monthly dividends: $1,427.04 (7.2% up cf. 2018)Portfolio yield: 4.78

STI closed at 3222.83DBS  ($25.88)UOB ($26.41)SPH   ($2.18)NetLink Trust ($0.945)SingTel ($3.37)StarHub ($1.42)CityDev ($10.95)Keppel Infra Trust ($0.54)Olam ($1.81)Wilmar ($4.12)SIA ($9.04)Keppelcorp ($6.77)SembCorp ($2.29)SIA Engineering ($2.82)CDL Trust ($1.62)AsiaPay TV Trust ($0.169)Capital China Trust ($1.61)Ascendas India Trust ($1.55)Lippo Malls Trust ($0.225)SuntecReit ($1.84)OUE Comm Trust ($0.565)StarHillGlobal Reit ($0.725)MapleLogistics Trust ($1.74)SATs ($5.06)First Reit ($0.995)KReit ($1.24)Accordia Golf Trust ($0.67)SoilBuild Trust ($0.52)HPH Trust ($0.235)AscotReit($1.33)SingPost ($0.935)Comfortdelgro ($2.38)Noble ($0.081)Dutech ($0.27)Ezion ($0.046)SunningdaleTech($1.33)Kimly($0.245)UOL ($8.32)DBS$800M4.7%NCPS ($102.8)SBDEC17 GX17120W (25,000)SBJUN18 GX1806

Another 2 more days, and we will enter 2020. For the investors, looking back at 2019, it has been a year filled with market excitements and the ever erratic Twitter messages from Mr Trump which most of the time causes Mr Market to react.My overall portfolio performance as follow:Dividend received = $16,800Profit from sale of stocks = $14,000Total profit 2019 = $30,800Below are my worst performing counter:SIA Engineering (-25%)Sing Shipping (-15%)Sunningdale Tech (-20%)Below are my best performing counter:UMS (40%)YZJ (22%)Mapletree North Asia Commercial Trust (19%)ComfortDelgro (18%)My transactions for 2019, I had added the following stocks from the last 2 weeks:HongKong LandGenting SGYZJSilverLakesSingapore O&GMoving into 2020, let us all HUAT together ... ... :)

Top 30 in my portfolio: No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1SGX6,00013.458.202UOB1,0477.1424.963CapitaLand Mall Tr9,0006.522.654FCT7,0005.262.755SATS4,0005.254.806OCBC Bank1,4994.3610.657ParkwayLife Reit5,0004.223.098AIMS APAC Reit10,5844.081.419CDL HTrust9,0003.941.6010Keppel DC Reit7,4003.701.8311Keppel Corp2,3003.675.8412SPH6,0003.261.9913Suntec Reit5,8003.061.9314Mapletree Com Tr4,8002.992.2815SingTel3,1902.763.1716SPH Reit8,5002.531.0917Starhill Global Reit12,0002.460.7518Frasers Com Tr5,3182.381.6419Frasers L&I Tr6,0002.001.2220CapitaLand2,0001.903.4721Keppel InfraTr12,0001.690.51522Ascendas Reit2,0001.683.0823Bukit Sembawang1,0001.395.0724Sembcorp Indust1,8001.022.0725SIA Engg1,5001.002.4326ST Engg8000.863.9427Frasers Property1,8000.861.7528Cache Log Tr4,0

Top 30 in my portfolio: No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $ 1SGX6,00012.837.922UOB1,0477.4626.403CapitaLand Mall Tr9,0006.372.624SATS4,0005.214.825FCT7,0004.932.616OCBC Bank1,4994.6711.547AIMS APAC Reit10,5844.231.488ParkwayLife Reit5,0004.133.069CDL HTrust9,0003.991.6410Keppel Corp2,3003.976.4011SPH6,0003.582.2112Keppel DC Reit7,4003.421.7113Suntec Reit5,8002.991.9114SingTel3,1902.873.3315Mapletree Com Tr4,8002.682.0716Starhill Global Reit12,0002.580.79517SPH Reit8,5002.461.0718Frasers Com Tr5,2412.281.6119CapitaLand2,0001.953.6220Frasers L&I Tr6,0001.941.2021Ascendas Reit2,0001.653.0622Keppel InfraTr12,0001.650.5123Bukit Sembawang1,0001.485.5024Sembcorp Indust1,8001.142.3425SIA Engg1,5001.072.6526ST Engg8000.924.2427Frasers Property1,8000.881.8128Cache Log Tr4,0