Hi Bro yck,... thank you for the heads-up. Where did you see this announced please ?

Check your letter box in recent times for SCB users.

Thanks bro yck.

I guess I need to do placement more before 1st Aug. Grrrr.

Min sgd10... can share brokerage fee for other online platforms.

Haizzzs..

This post has been edited by prince_mk: Jun 1 2016, 08:23 PM

Thank you, bro YCK for the detailed infos, you've taken quite some trouble to display the items for us to see,.... thank you.

At a minimum brokerage fee of $10, to make it worthwhile, the transacted amount must be at least $5000.00.

And in order not to have the minimum brokerage amount, one must become a Priority Banking client,... But still at $10 minimum fee, this deal is still the best in Sgp,....

A min of sgd5000 is equivalent to rm15000. I m just a small investor. Oh gosh, got to really plan for coming investment.

Thanks.

Not forgetting you sell also need minimum $10, so make sure u get enough and enjoy the no comm service before its gone. Or you may request SCB to switch to others broker co with $10.70 per counter.

Bro yck,... other brokers are more expensive in SG, where else to go to ?

You may consider this if you wish to get lower sales charge: OCBC BCIP offers min $5 broker fees or 0.3% but look out on their terms & condition especially the date they place order for you and the selected counters which offer from their platform.

http://www.ocbc.com/personal-banking/inves...s/bluechip.html

Other than that, you may just switch to traditional broker co with standard minimum broker fees $18/$25 but kept with CDP, conditions is we must buy big cannot nibble abit abit anymore. Let me know what's your action after that.

Bro,... tq again. OCBC restricts us to certain counters only with that fee,... it's not very flexible,...

Actually, we don't have to buy big also, if we buy small, the average price per unit will go up, that's all. If we re earning dividends from a counter, the dividend earned will slowly offset this minimum brokerage too.

I can share this : If you are a DBS Wealth Banking Client, there is no minimum brokerage fee, and the fee is just flat 0.2% of your share purchase or share sale amount.

What s d requirement to be DBS Wealth Banking client?

I m earning RM instead of Sgd

This post has been edited by prince_mk: Jun 2 2016, 09:54 PM

If we joined years ago, it was SGD150K of investable assets. I was lucky,... The condition for joining today is SGD350K of investable assets.

Oic. Too bad. You were lucky to have this privilege.

Does FD consider as investable assets?

This post has been edited by prince_mk: Jun 3 2016, 11:42 AM

Advisable to buy Capitalmall as the price is 2.02 now?

I was told that some shopping malls were left vacant. D occupancy was dropping.

Any insights on this reits?

i was also wondering the same thing. Price looks attractive.. but hv the fear of the QUIET SHOPPING news in Sg that is going round.

this month DBS having brokerage promotion 9.88 min... looking around dunno what to buy.

Looking at Cheung Woh Technology. D dividend is quite decent. Anyone has this counter?

But the net income for past few year not so decent.

This post has been edited by prince_mk: Jun 9 2016, 10:49 AM

Prince, i hv this UMS HOLDINGS since 2013. been collecting consistent div. i am wondering if I should top up at current price.

UMS Holdings Limited, an investment holding company, manufactures high precision front-end semiconductor components; and offers electromechanical assembly and final testing services. It operates through two segments, Semiconductor and Contract Equipment Manufacturing (CEM). The Semiconductor segment provides precision machining components and equipment modules for semiconductor equipment manufacturers. The CEM segment supplies base components to oil and gas original equipment manufacturers. The company provides precision machining services, including milling, lathe, horizontal, cleaning, anodizing, and CMM services; metal finishing services comprising electroless nickel, selective nickel, anodizing, plating, e-polish, chemical cleaning, and parts refurbishment; and system integration, refurbishment, prototyping, and vendor managed inventory services, as well as electroplating and anodizing services. In addition, it is involved in the manufacture and assembly of stainless steel gaslines and weldment; and holding investment property. The company serves semiconductor, electronic, machine tools, aerospace, and oil and gas industries. It primarily operates in Singapore and the United States, as well as in the People’s Republic of China, Poland, Malaysia, Taiwan, and South Korea. UMS Holdings Limited was incorporated in 2001 and is headquartered in Singapore.

http://www.sgx.com/wps/portal/sgxweb/home/...kfacts?code=558

I guessed if we believed in Venture Corporation, then we should believe in UMS Holdings. Quite similar nature of business, Venture Corp was setup 16 years earlier, whereas UMS came later in 2000.

hmmm... can think think also.. div yield above 6%

https://www.fool.sg/2016/04/07/how-risky-is...-an-investment/


Electronics manufacturing services provider Venture Corporation Ltd (SGX: V03) is a company that could attract income investors right now with its high dividend yield.

To the point, at its current share price of S$8.39, Venture Corp has a yield of 6.0% thanks to its annual dividend of S$0.05 per share in 2015. For perspective, the SPDR STI ETF (SGX: ES3) – an exchange-traded fund which tracks the fundamentals of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI) – has a yield of ‘just’ 3.6%.

But, when it comes to investing, it’s not just the potential rewards that matter – the risks are worth considering too. So while Venture Corp has a high yield, investors might also want to think about its downsides.

When it comes to a stock’s risk, there are many areas to look at, but let’s focus on just two here.

Balance sheet risk

A company can be made fragile by the presence of high levels of debt on its balance sheet.

When a company has been borrowing money wantonly, it could run into trouble with servicing or repaying its loans at some stage. In such events, the company’s shareholders could face painful outcomes such as dilution, an elimination of dividends, involuntary sales of assets, and in the worst-case scenario, bankruptcy.

Walter Schloss, an investor with a phenomenal long-term track record, once said, “I like to look at the balance sheet and I don’t like debt because it can really get a company into trouble.”

On the other hand, a strong balance sheet – one that has plenty of cash and little debt – can help a company tide over tough times and even be a source of opportunity for a company when its financially weaker competitors have to batten down the hatches to survive stormy weather.

For Venture Corp, its balance sheet looks to be in great shape in my view. The company currently has S$459 million in cash and just S$135 million in total debt.

Customer concentration risk

It can be dangerous for a company to have just a handful of customers. Just think of what can happen to its business if one customer collapses or simply decides to walk away? A high level of customer centration has killed companies before and the sapphire glass manufacturer GT Advanced Technologies is a great example.

The company was listed in the U.S. stock market and had to file for bankruptcy in late 2014 when its product failed to meet the requirements of its customer, Apple Inc. At that time, Apple was likely to be responsible for the lion’s share of GT Advanced Technologies’ revenue.

There may be some worries here with Venture Corp. In its latest 2015 annual report, the company revealed that there was one customer which made up “more than 10%” of its total revenue of S$2.656 billion in that year.

“More than 10%” is a little vague, but it’s not the precise number I’m concerned with here. What’s more important to know is that Venture Corp has a big customer and that’s a risk to note.

That said, the company need not necessarily be in danger in the future. The situation has been going on since at least 2013 (there was also one customer that accounted for over 10% of Venture Corp’s total revenue in each year in both 2014 and 2013) but the company has still managed to grow its revenue in 2014 and 2015.

A Fool’s take

In summary, Venture Corp is a company with a low level of balance sheet risk but high (and possibly very high) customer concentration risk.

But on the earlier question on just how risky is the high-yielding Venture Corp as an investment, there’s still insufficient information in here to be able to reach a conclusive answer. While a study of the company’s balance sheet and customer concentration profile is important, there are other key aspects of the company’s business fundamentals to consider, as I had mentioned.

Lately i have been topping up ocbc. What else to buy before SC imposing minimum brokerage charges. What US or Sg counters should i buy for long term basis?

Lately i have been topping up ocbc. What else to buy before SC imposing minimum brokerage charges. What US or Sg counters should i buy for long term basis?