Maybe the cash is the way she could maintain the volatility ?

I have seen her presentation before. I think she is a lousy presenter lar, despite the fact that she is tall, and her profile in cheongsam is good and she speaks with some kind of accent.

when mkts crashed...companies still commits to paying the same 10% dividend they cannot no pay?
the 10% dividend is from the stock price...the stock prices dropped then companies stuggling...can pay?

even bond paper can default....

Kungfu Cat allocation 17/18

Interpac safi
Interpac Dinamik
KAF Tactical
CIMB Greater China
Manulife Dragon
Manulife India
CIMB Asia Pac

% of allocation. Evenly divided is fine.

Allocation for reference only. Please do not follow as I am the most attacked cat in lowyat. Many disagree and attack kao kao. Leaving this here to see end 2018 am I just bluff or with substance. Let time tell. Whoever feels he is the de facto admin can keep score. Feels like everyone here including 'sifu' like to talk shit. Best way is just put out our fund recommendations and let public be the judge year on year our credibility.

This post has been edited by HahaCat: Jul 30 2017, 11:43 AM

my old record did shows KGF did hold 24% in cash too somewhere in 2015
so has some of the Affinhwang funds
I think it is "norm" for some fund/fundhouse to do that....provided it is not that long a period.....

or it can be .....they anticipates a dips in the current mini bull or over valued prices?

with the variance of % allocated...so will the result......

Already edited to evenly divided. How many pros here who like to give all the theories and arguments. Please put your foot down and show your portfolio recommendations. Or else just talk cock. I have revealed portfolio, i also had shown at least one fund allocation and how much i put in previously. Already show a lot of transparency compared to this sifu that said made 200% or that sifu that said 20 years experience and that sifu who claim to be value investor etc. All talk but where is substance? Let's have healthy competition here. Next year see who are the best

This post has been edited by HahaCat: Jul 30 2017, 11:47 AM

a lot of people also talok cock in here...
just last month
some mentioned the goodness of a certain funds and how good his research and evaluation are
how good M'sia economy will be.
how he studied the situation with the 3 scenarios.....
posted how "calculated investing" he practised
no time for safe sex like investing.....
blah blah balh

then thing can just changed so suddendly....

where got substance and who cares if I make or lose money here....just talk cok can lah.
things can change and change is good at times.
what I planned now will be and can be changed too.
there are so many unknown and situation out there for me to safely "FIX" a permanent portfolio to place my bet...at a risk appetite, outlook, financial situation that are changing frequently too....for till now.....I too is unsure what is the best for me for the next 3 months.....for for the past many years...my port funds and allocation kept on changing frequently......
Well....it that good or bad?....yes to me.....my money and I learnt who and what I am and most importantly...I liked doing it.

so I cannot join in to compete who is the best next year.

This post has been edited by MUM: Jul 30 2017, 12:27 PM

Don't tell me you are one of those who got swung by those cock talk and now don't know whether to do reverse gear or not ?

Just like our house doctor complaining about sifu Xuzen changing his gears too fast.

- Normally a company pays says 3% dividend. But because the price drop drastically, the dividend yield goes up (even if the payout is maintain) so your 3% dividend may now become 6-9% (depending on purchase price). Not all companies stop paying dividends. So even if they cut dividend by 50%, when the the price drops, your 3% yield become 1.5% (at ori price before it drops) but ecause the price drops drastically, your actual yield could be now 5% compare to ori of 1.5%.

Div yield = div amount (sens/cents)/price you buy.
Eg
0.04/4.00 = 1%

Now they cut it by 50%
0.02/0.50 = 4%

This is just eg.
- Look for companies that are able to pay money during down time.
- Companies with low or no debts are most likely to survive
- Don't forget, reits need to pay 90% of their income (so bad time or good time, reits will still need to pay. The question is how much you get).Then need to see whether a reit can survive or not. A reit with lower gearing (debt level) will be able to survive. Are there reits which burst during GFC? Yes there are. Which brings us to the last point.
- Well managed reits!!

This all OT. If you want to further discuss (we can continue to SGX thread - only interested in SGX market and not bursa or we can continue via PM).

This post has been edited by Ramjade: Jul 30 2017, 12:11 PM

thanks for the insight....
for I read these danger of dividend stocks
https://www.google.com/search?q=danger+of+d...0.0.qWZs50woM0E
yes off topic.
stopping now.

There are 2 schools of thoughts.
- One a stock with 40-50% payout ratio is more sustainable although although there are exception like companies which payout 90%+ of their earnings still can payout during crisis (Nestle). These people avoid reits at all cost.
- Those who look at how well is the reit management able to handle such crisis.(aims amp, captialand mall, ascendas are some example of S-reit with good management and survived the GFC).

Refering to point 1, funds which look at how sustainable is the company are like Ponzi 2 and First State Dividend Advantage (SG UT).These are funds which focus on dividends but during bull run, dividend funds should not do so well.

We actually have a cimb asia pacific growth fund which benchmark is 9% vs ponzi 2 at 8%. Cimb growth are not available on FSM. It's mentioned that Cimb growth doesn't focus on dividend while ponzi 2 focus on dividends.

This post has been edited by Ramjade: Jul 30 2017, 12:22 PM

Toking kok is gud

Or else how would this LYN - FSM thread grow so big? If no tok - kok, we would be like that other UTF thread... still stuck at ver one nia...

I already stated from day one, I am on wrap account, I can switch 365 times in a year also won't kena one single cents of sales or switching charge. I do it because I can....

And if you do recall I have previously given the simile of the pony express analogy....remember that.

Xuzen

But how much platform fees need to be paid? 1%?

I don't know but right now , manulife Reits outperforms amasia Reits by a factor of 3 so....

So which fund you are holding ? Jangan you also like Ramjade talking bad about Selina but still hold her tight for so long .....

Eh, where can amasia go to Japan? Their mandate is Asia ex Japan. Unless it's listed on other market (like AU/SG) then can. Japan reits memang sucks about <=5%yield But there are exceptions. Eg. there's this Japanese business trust which behave like a reit in SG which give 8-9% dividend p.a. (I am vested in it) Now got people want to buy that up and relist it in Japan as a reit at 5% yield and below. Don't think amasia can invest in business trust.

Power of SG govt to attract other country reits to list in SG. hence bypassing hefty dividend with holding taxes back in their home. Eg.
Manulife US reit a pure play US reit. If list in US, investors kena charge 30% with holding tax. List in SG, no tax for individual. But 15% tax for funds.

I sell already la

This post has been edited by Ramjade: Jul 30 2017, 01:02 PM

Likely Manulife REIT fund would have investment in Manulife US REIT but don't see it as major holding ?

jfyi,
Manulife has been historically out performance AmReits as pointed by Ramjade
just the it's risk reward ratio is abt 20% lower than Manulife's

Never had her but just curious.

No. I am talking about the Manulife US reits counter listed on SGX http://investor.manulifeusreit.sg/. Manulife AP reit fund does not have that while Amasia have that. Manulife US reits is a good counter. Amasia are holding some good counters (some same as mine) but I do not know why amasia is not performing vs my own portfolio. My own portfolio beats Manulife AP reits fund by 2% (last I check) but to be fair to Manulife, I am not subjected to withholding tax while Manulife AP reits fund are subjected to with holding tax.