Grabbed up KDC REIT and ParkwayLife REIT today. Good long-term prospects for IT and healthcare industry.

Already owned OCBC, Ascendas REIT, CMT and SATS.

OCBC entered at 8.94 accidentally... Forgot to cancel my trade...
SATS entered at 3.07, now giving me a lot of headache. It's a baby blue in the past and has solid fundamentals.

Ascendas is the only one in green, entered at 2.88.

Indeed. SATS is what we call a cyclical stock. I see it battered down almost half, so I buy right now and when the industry takes off again, I would profit. The only question is when.
That said, SATS has other businesses as well. It's not entirely on aviation. Whether the virus is around or not, people would still travel, go overseas to study, work etc. Planes would still be flying. Cargo business is a bright spot for now. That would keep the company running in the short term. (They have associates/JV with other companies on freight business).

And if things really go bad, they could consider venturing into catering industry based on their experience in the food solutions business. In the long run, at least within the next 5-10 years, Singapore (and asia-pacific) would still do well. And so would SATS.

They are still on positive cash flow and currently in a very low debt level, not to mention Temasek is a major shareholder. These need to be factored into consideration. I won't lose much if things go south, just 100 shares.

Yup. 1.98 P/BV ratio when I entered. But I have some 40 years of compounding interest for the dividends paid and 40 years of capital gains awaiting me ahead. A fall of 10-20% today is nothing compared to a 1600% return 40 years later. Stay invested all round, in any kind of environment. I think that's more important.

But well, I still have cash to invest in any further downturn. So, not an issue. Patience is all you need to generate wealth. In any case, I am a long-term investor, not a trader.

(About 10 years later I would be getting married, so let's see how much is my wedding present from shares invested today. )

https://www.todayonline.com/business/sats-b...se-centre-s110m

According to the link above, they do own the ferry terminal.

For those who still hold SATS.

http://www.sharejunction.com/sharejunction...tm?topicId=5340

Members from sharejunction suggest that SATS is running at 60-70% capacity, well above SIA's 5%.

No source is quoted though. It make me wonder where do they get the 60-70 % number. But if true that would certainly be a positive news.

(The comments on the forum about "123" make me laugh. Apparently traders are abound there.)

Ever heard of IBKR, TSG or captrader?

https://www.tradestation-international.com/...ng-commissions/

Thanks for sharing. VICOM (and Micro Mech) are the ones with solid fundamentals. ROA/ROE of around 20-22% with almost zero debt.

To me both are fully valued. P/BV of 4-5 times. But dividend yield of 4.5-5% is still okay.

Apparently, the stock split is to encourage more "small fishes" (like me ) to enter, but still think it's too much for me. If you are off for the dividend, certainly a good one to pick.

Given the flux of market liquidity, would expect some small spikes on that day, but should die down quickly some time later. Just my 2 cents.

On another news, I am very worried about my holdings in blue chips REITs and shares. They (except SATS) are all in green, and REITs kind of give me double digit returns within 2 months.

Even the "overvalued" KDC REIT is now giving me 6% in 2 months.

Now I am wondering if they are overvalued...

Damn it! CMT hit circuit breaker! 10% rise.

Eh, just rethink everything, I am a long-term investor, why should I be worried?

Just hold on everything and average down if the worse happens. Blue chips are blue chips as long as fundamentals unchanged, have to learn from Ramjade!

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

So far, Nomura analysts suggest that we retailers are the winners. (https://www.sinchew.com.my/content/content_2282518.html)

Dip? Yesterday? SGX data shows it's in green territory...

It rallied 1.5%.

https://www.sgx.com/securities/equities/O39

Thanks for pushing my OCBC shares upward!

My OCBC holdings now sitting on a 9% gain (10% gain in MYR terms). Even bank shares are on similar profit levels with S-REITs. Either the market is pricing it correctly, or they are all in overbought territory.

No, I bought when it was the most expensive during the recession in the last 3 months, around 9 dollars. (8.94 SGD, 1 lot + 3.75 SGD fee, so break even price around 8.98 SGD)

Was still thinking to average down as I anticipated gloomy session ahead, and now this rally upset everything. Have to wait for another 10 years...

SATS surge 5%, another crazy counter. It seems like markets are pricing in far ahead of what I thought.

Parkway LIFE and KDC REITs are the only 2 "normal" counters now, and that still means 8% and 6% gain for me.

Banks certainly have upside, cyclical stocks are like that.

This post has been edited by TOS: Jun 8 2020, 10:46 AM

Hmm... I disagree.

This is Keppel Data Center website: https://www.keppeldatacentres.com/ Check the properties under "Locations" tab.

KDC REIT has plenty of ROFR properties from its sponser, Keppel Data Center (subsidiary of Keppel Corp.) I still see bright upside from this counter.

But indeed, you shouldn't have sold KDC Reit in first place. That's a very big mistake.

What? VICOM at P/BV of 6 times. Huh.

I was thinking P/BV of 4 times already very expensive.

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

This post has been edited by TOS: Jun 8 2020, 04:22 PM

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.

Are you sure? I checked here also 0.3% only (referring to 1-3 months rate). https://www.cimbbank.com.sg/en/personal/sup...d-deposit-rates

Moreover, I don't have CIMB MY account, better stick to Maybank as I am their existing customer in Malaysia.

EDIT: Maybe you are referring to Fastsaver, but I don't have CIMB MY account, so never mind.

This post has been edited by TOS: Jun 9 2020, 03:55 PM

Hah. Smart idea. That would be later though. Too many bank accounts to manage. (I still have one more account in HK Hang Seng Bank.) Thanks for the input. Earlier, I thought need CIMB MY in order to open CIMB SG.

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.

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!

This post has been edited by TOS: Jun 10 2020, 08:41 PM