I DID MENTION TO YOU GUYS EARLIER that the dividend payouts from the 'angmoh countries' are very haphazard,...

I'll share this,.. I have invested in the TSX for many years,... many a time in the last few years, the CRA will send tax notices to my apartment at Yonge Street telling me I need to pay more taxes,...

I am in the legal industry myself,... I have read up all their acts,... still, they can 'make adjustments' at times....

To me,... IRAS is still the best, very certain in their procedures. ATO is better than CRA,... but still have their problems,...

Tq bro,...

Emm,... Yeah, there are discounts today,... but not as much as the one in Mar 22,... As of now,.. CMT, Sasseur REIT and Cromwell have fallen below my averaged-down price from the first wave of the pandemic.

The other red ones are because they have not climbed back up during the pandemic OR I have not averaged-down on them during pandemic.

Split shares of Vicom are running well.

Entered a new counter this morning after discussions at ShareJunction.

Micro-Mech, bro ? How abt UMS ??

Edited by adding this for records : As of now as I write, my overall portfolio is 22.75% green.

This post has been edited by Hansel: Jun 12 2020, 12:02 PM

Ok bro,...

Hi bro,... yes, most of my REIT hldgs are in SG,.. I have some in Aus and in Canada too. Your concept is right abt land scarcity.

This is a good time for a fresh entrant like you, bro,... congrats,... but choose your REITs carefully, do you have a brokerage acct to buy SG REITs ?

Tq for your replies, bros,... I was waiting for S&P to dip below the psychogical 3k level last night,... it did not happen. See if any chance for this to happen on Monday night,...

My average price for OCBC is $8.50. Logically, as a proper investor, if I am to enter further into OCBC, the mkt price has to be below $8.50. At this price, my yield is only 6.23%.

If I buy any OCBC above $8.50, I'd be averaging-up,.. reducing my margin-of-safety AND reducing my yield.

Yes bro,...

The way I look at it is like this : if one is going for cap gains, it is still not late because I believed,... the 'normal price' for OCBC was,.. what,.. $10.xx during 'normal times' ? But for an income investor like myself,.. I certainly consider myself a late entrant because at $8.50, my yield is only at 6.23%. I am making an assumption of the dpu here to be, as per last year,...53c.

If dpu payout dips, that's a diff story then,...otherwise,... I shld say I shld have gone in immediately after Mar 23rd... or beginning of April,....

Edited to add more points : If I bought low,.. then I would still be able to average-up and hot a good yield above 6.50%,... but today,.. at a 'high' average price of $8.50,... how can I afford to buy up at higher prices and lower my yield ?

This post has been edited by Hansel: Jun 13 2020, 05:06 PM

I have read the same wordings everywhere what you said in the above, bro,... you and them may be right - that's why I have to go in with a price as low as possible. And,........ I must go in,... not to wait at the sidelines only,... so,.. life is hard !

If don't go in now,... chances wasted.

I am very happy I did not go in to UOB and OCBC prior to the crash. I am a freshie investor into these two banks. Hence, I stand to gain more by investing fresh now. I went into DBS at a high earlier because I couldn't let it go higher,.. and I hit $26.00 as my average price pre-crash.... During crash,... till today,.. I have averaged al the way down to $21.48 as of now,...

Sometimes,.. it's not too good to read too much blogs or teleram chats that kept pushing people to buy banks. But,.. decision to buy at the readers' hands.

If our prices are low enough, if the dpu does drop,... the yield may drop to.... 5.8% / 5.9% thereabout,... hence,.. the key to the whole thing abt buying SG banks is : our average holding prices.

Just to elaborate more :-

I don't do Msian banks - I'd be investing in a weak currency environment,.. In the long run generally... investing in a string currency environment is more beneficial for investing into banks. Of course, the quality of the banking stock must be good too. Hence, I am satifsied concentrating into the three SG banks.

Everytime the RM weakens further vs the SGD, my wealth position will strengthen further in Msia. My investments into SG banks will be even more valuable. I have not made the comparison,... but I suspect the SG banks' capital ratio is stronger than the strongest Msian banks',...

I started with HK banks - HSBC, but the dividend got 'suspended',.. ,.... and a large hedge fund is betting that the HKD's peg to the USD can't be maintained. But,.. I ask myself then : what if the peg is reduced,... or even totally removed ? Will the HKD strengthen instead ?

Jmho, bros,...

YES, bro TOS,... tq for the heads-up !

Good day this morning,... queued UOB yesterday evenng at 21.99,... this monring struck at 21.08 ! ,...........

But still an averaging-up lar,... my average price was 20.30 !!!!!!!!!!

Well,... lots of work done yesterday is not wasted,... Father's Day paid-off,...

MOrning bros,...

Emm,.... just a thought here : there could also be the possibility that the 'new normal' for the STI may not be back to the cliff-level prior to the fall over the cliff. On my side,... I am gauging for 60% up from the trough !

But,... no doubt in the longer term, STI would reach back to the cliff level.

S&P Futs dipped below the psycholgical level of 3k this morning,... gf woke up me,....

Agreed, bro,...

Hmm,... the problem is the 3 indices are turning less and less redder as the morning goes by now ! Soon will turn green,... but I see the REITs and ctrs in my watchlist have all turned green from this morning !!

Tq for updating,... appreciated it !

Tks again, bro,....

Tq for reminder, bro,... emm,... last Saturday morning, Wall St closed green,.. I was a bit disappointed,.. for if Wall Street had closed red last Saturday morning our time, then I would know that I will have a chance to attack UOB at below my holding price today.

Then I said to myself,.. hmm, if Futures start red on Monday morning, will still have a chance - and this came true.

Just sharing my experience, bro,... tq again. I've been watching for this XDate day,... but frankly,.. if Futures started very green today,... do you think UOB would drop beow $22.00 this morning ?

S&P, bro,.. Dow cannot drop to 1800,...

As of now, S&P has dropped below the psychological of 2K.

I'm bro Hansel,.... ohh, if you meant the quantum of drop for Dow,.. then as of this moment,.. dropped 852 points,...

Ok bro,... I'm not so good in trading stocks,... unfortunately,... after I take profit, the ctr never came back,...

Very good, bro AV,....

Hmm,... bro TOS,.. I stopped uing the bell curve for the STI fwd PE sometime ago,... can't use that in tody's environment. If the second wave really comes back,.. MM will join the downward move.

Yeah bro,...