will see tmrw.

all asain bourses will likely shoot up at opening.

i will be up early.

will see how much RM/SGD will move in the coming weeks or months.

msia borrowing to fight cov19; sg using savings/reserves.

ocbc close today 9.76, +3.4%.
dow futures +2xx.

tmr... looks like another winner day.

stock markets are ignoring covid19... gone or what?!!

Big news:

Sembcorp shake-up: https://www.straitstimes.com/business/compa...temasek-demerge

SCI and SCM shares halt from trading.

And Citi upgrades the banking troika to buy. TP for OCBC now at 10.85.

https://www.straitstimes.com/business/compa...ets-on-v-shaped

On the other hand, Phillip Capital downgrades the banks to neutral.

https://www.theedgesingapore.com/capital/br...certain-outlook

------------------------------

Data from SGX suggests net inflow of institutional fund as of last week, reversing the outflow trend from the past 4 trading weeks. And for the first time in 4 weeks, retailers are net sellers.

https://www.sgx.com/research-education/data-reports

Milestone: CMT returns 20% and SATS returns 10% in less than 2 months.

Gonna open Maybank SG account tomorrow. Interest rate only 0.3% p.a. in SG. Alas, still better than nothing.

unless foreign funds start to return in a major way, can expect continuous gradual RM weakening.

more so when the pressure to take more debt is ever increasing.

Don't worry, I know my own risk profile. The short term fund in my SG bank account is mainly to avoid IBKR earning interest on my money, yet not paying me. I want interest on my own dry powder, not going to let them flow into the hands of IBKR shareholders.

As for short-term duration, how short it is really depends on market conditions. When the fundamentals say it's overvalued, there is no reason I have to put more money into it, like you know, right now.

I will monitor my own profile from time to time. Rest assured.

will be green today.

this, i agree...
so... put all yr money on china-singapore!

Oh, missed your question. Was in a hurry to open my SG bank account this morning. Yes I invested back in late April, and portfolio return is around 7-8% to date.

I think I mentioned it somewhere in the past (maybe in S-REIT thread).

OCBC, SATS. Ascendas, CMT, KDC REIT and Parkway LIFE. All in green as of now.

By the way, SG bank account application submitted!

yes, i do think there is v good upside in SGX.

but as lazy as i am usually, i am content with just 3 counters.

not checking or planning a 4th one as this time.

dbs, ocbc, sia.

Whoa. What kind of theory?

I am a very new investor directly in stock market, just opened my IBKR brokerage account back in early April, hastily transferred funds from my HK bank account, converted to SGD and ventured into SG blue chips. Valuations were cheap back then. I have done my due diligence before this, aiming for undervalued counters. My efforts for OCBC and CMT has paid off apparently, judging from the current return, although the magnitude is kind of scary.

I have never hold any counters (didn't even have any brokerage account) before April. I was late to the party apparently, since the panic sell down was in March. But I did one thing right, averaged down my Manulife AP REIT fund substantially in March. Milestone: All constituents in my portfolio is green today for the first time since last year, Manulife AP REIT finally in positive territory since March!

Before April, I only had holdings in 2 mutual funds (bought from FSM), ASNB FP funds and EPF. And my holdings were like 45% equities, 45% fixed income and 10% cash. Today (After venturing into SG markets) my portfolio is like 60-65% equities, 30-35% fixed income and 10% cash. For equity holdings, about half in M'sia and about half in SG. The rest in developing and developed markets of Asia, Europe and the US. 

So, is your theory proven?

All in green, but looking at the sell-off today, should fall back into red territory when the NAV price is released tomorrow.
Wait lah. Be patient. I have 40 years of compounding interests. It's not like I am retiring tomorrow. Need to do homework mah.

MCT has significant exposure to vivocity, portfolio concentration risk is there. But the Sentosa-Brani masterplan should do good to the area for the long run.

Will look into euro and USD area soon.
Same thought. As said earlier, higher yields mean higher risks. It makes no sense to buy if OCBC and DBS pays me the same 5-6% yield yet I am comfortable with it. At least OCBC is more popular (more liquid, talk about liquidity risk) and established compared to WPC. 

Currently looking into JNJ and MSFT for long haul capital gains.

EDIT: Just check-up WPC, looks okay. Very long WALE, recently converted into REIT in 2012, BBB grade, long debt maturity. Good investment target, but need to consider after-tax yield and currency risk. May not be suitable for investors who seek more exposure in emerging markets.

But 30% WHT. Not much is left after the cut unless you take into consideration the capital gain.

For mutual funds, I opted for DCA last year, then began very simple market timing (buy when BOTH SG and HK REITs are in red) towards the end of last year. I stopped investing into my mutual funds around last year as I moved some of my money to EPF and ASNB FP fund. I then averaged down around March this year. So, basically I only average down this March for my mutual funds. The rest of time, let the market force determine the fate.

For the more observant, you would probably notice that KDC finished up green. The only REIT in green today! I have noticed that this counter is highly negatively correlated to the main market, at least in the past sessions. Claimed by many as over-valued, this counter's surge probably suggests that markets are pricing into a second-wave. Traders can consider looking into this.   

EDIT: If you know understand Mandarin, https://www.sinchew.com.my/content/content_2287753.html is perhaps one evidence supporting my thoughts.

is cromwell euro reit good time to go in?