Dow futures rebound strongly....glad that i bought some sg reits today...

Aimsamp reit 1.37

i heart pain... high dun want sell. now want sell?

I also regret didn't sell some stocks when profits were ~18% .... now negative already.

TSHTF?? 

Singapore’s battle to fight the coronavirus outbreak is intensifying, while industries such as tourism and aviation are virtually dead, Prime Minister Lee Hsien Loong said.

Global supply chains are also affected, hurting the ability for the city-state to get its supplies, and in turn hurting its exports, Lee said in an interview with CNN.

“That’s an impact that’s not going away in a hurry,” Lee said.

The island republic reported its third death on Sunday, but has been seen as an example as a country that has seemed largely successful in containing the outbreak.

“I don’t see this problem going away in a couple of months,” Lee said. It will be “several years” before the virus runs its course, he said.

©2020 Bloomberg L.P.

Coronavirus could take years to run its course, world must brace itself: PM Lee
https://www.straitstimes.com/politics/pm-le...st-brace-itself

Singapore’s energy sector, which comprised one-fifth of the city-state’s gross domestic product in 2019, is experiencing negative earnings, in other words, incurring losses — an issue for the cash-strapped sector, ANZ said.
..
In Singapore, corporations seem to be “more vulnerable,” as they face cash flow and foreign exchange risks, the report said.
“Six out of 10 corporate sectors are heavily leveraged and cash-constrained,” it said.
Singapore companies are more susceptible to foreign exchange risks as compared with the other two countries; 60.9% of outstanding corporate bonds are denominated in U.S. dollars, and only a third in local currency. That’s in contrast to South Korea, which has only a fifth of outstanding bonds denominated in foreign currency, according to the report.
https://www.cnbc.com/2020/05/04/coronavirus...-is-rising.html

brokerage fee is damn high around 1.2%, using itradecimb..any other good platform to recommend?

Really?? wow..pls teach me how to negotiate ?? 0.35% is reasonable.

I meant the brokerage charges for trading in LSE, not SGX. Are we on the same page?

oh wow nice !!!! i didn't know this is possible. I watched DBS jump from 18 to 19.2 and i cant buy it when it was 18 

I bought many rounds n the way up, bro,... I averaged ALL THE WAY down from $26.00 to $21.00+ when this pandemic started. Threw in more than 100K for just one counter 

Guessed I am late into DBS too,... was watching REITs and Forex (Forex Thread) all the time,...  shld have started averaging down earlier from 16.00 bucks a few weeks ago.

Tq bro,....

For myself,.. on REITs and Stocks worldwide,... how I have played the game in the current pandemic is with four actions :-
1) I average down counters which I bought expensive and for which I believe the dpu will return after recovery.
2) I leave alone counters under my ownership to continue earning the dpu, and which I think will recover to their former prices after recovery.
3) I continue to search the universe for NEW REITs and stocks (which I have not held before) to buy, since there was a strong mis-pricing on Mar 23rd., 2020.
4) I cutloss on counters which I think will be risky and whose dpu may not be growing and/or which may not provide capital growth.

I provide below some examples of counters that I have acted on with the above 4 tactics :-
1) Prime US REIT and Sasseur REIT listed in the SGX.
2) KIT and FLCT in the SGX.
3) UOB, OCBC in the SGX and Slate REIT in the TSX.
4) Lendlease REIT and Netlink NBN Trust.

As we speak,... I still have some counters which are still in the red,.. a big eg would be MNACT, still in 22% red.

The mkt has certainly decoupled itself from earnings this time,... and has runaway,... as the mkt runs, the opportunity for investors to go in will be smaller and smaller,.. but I say this too,... there's nothing wrong to keep cash. Don't worry abt earning FD interest or bond coupons whatever,... we know the direction that these rates are heading in. I am wondering how long will the interest rate stay low.

I believed the mkt bounced up fast because investors the world over have learnt from previous crises, and secondly,... the monetary stimulus flowed down from many central banks truly did its work. Hence,... those analysts who kept referring to previous events of meltdowns to gauge how the recovery will be like will most likely be wrong this time round. But nothing wrong with being wrong, though,... you just miss the boat this time.

Just wait for the next crisis !

My portfolio is 25.21% green at this moment.

DBS rose 5%. Huh. I will be closely watching at retailers and institutional flow of money.

Overbought yes. Overpriced?  Who knows? What the pandemic has done to businesses? Some may never come back. Some will come back and not be the same. Only time will tell.

I will continue to keep my DBS for the 'willingness to payout dpu' quality of DBS. 

It's so hard to enter these three banks when times were good,... why sell, bro ?

Ok,... there will always be risks,... it's what counter that we hold that will determine if our investment is resilient.

If the second wave does not trigger another meltdown (for which I doubt it will), then we are approaching the tailend of this crash, or BUY opportunity.

JMHO,...

Singtel is a telco,.. I feel Singtel has stil not found its footing yet. The telco industry is hard to do, it's cutthroat,...

Capitaland is a real estate developer,... fundamentally and structure-wise, it's strong, but I feel it manages its dividend policy quite tightly. I'm a dividend investor most of the time,.. though I may punt a bit here and there.

Major markets in Asia Pacific jump as much as 49% from their March lows

Major markets in Asia Pacific have bounced back strongly following a historic period of volatility and uncertainty in March, as the world grappled with a rapidly spreading coronavirus pandemic that left many economies on pause as lockdown measures were put in place.

In fact, some regional indexes — such as South Korea’s Kospi — surged as much as 49.45% as of Thursday’s market close, according to calculations done by CNBC with data from Refinitiv.

Here’s a look at how other major stock indexes regionally have performed since touching their 52-week low in March, as of their Thursday closing figures:

Australia’s S&P/ASX 200: +36.1%
China’s Shanghai composite: +10.29%
Hong Kong’s Hang Seng index: +15.27%
India’s Nifty 50: +33.52%
Japan’s Nikkei 225: +38.74%
Singapore’s Straits Times Index: +22.59%
Taiwan’s Taiex: +33.67%
Thailand’s SET Composite Index: +45.6%

Stocks elsewhere in the world also saw major gains, with the S&P 500 stateside up 42% from its 52-week lows in March, while the pan-European Stoxx 600 surged 36.37%, based on calculations by CNBC with data from Refinitiv Eikon as of Thursday’s closing numbers.

Global markets made a strong comeback from their plunge a few months ago, as central banks and governments around the world pumped money into the economy through massive stimulus packages.
https://www.cnbc.com/2020/06/05/investing-a...march-lows.html

Look at the SG banks,... read-up on some forward PE infos,.. and dividend payout amts pre-Covid19. I think at today's level, there are still values in the SG banks.