Bought straight 2 lots OUE @ 2.85 today despite the low transaction volume these few days. Hopefully situation changes once special dividends announced!
Awaiting for special dividends!!! Mooncake festival coming can buy mooncake wahahhaaha
Fortune favors the brave
SGBoy94
Tuesday, 30 July 2013
Saturday, 27 July 2013
Overseas Union Enterprise
I find it quite surprising why there isn't much talking point about OUE. With its recent asset spin off to OUE Trust, it has been rumored that a special dividend of about 30 cents per share is coming up.. At share price of 2.85 present, it would represent a 10% special yield. This excludes the usual dividend OUE will be giving out..
In addition, its current share price is at a 20% discount to its NAV. However, its recent q1 report reflects a drop in profits due to increase in finance and admin cost etc. Nevertheless,its revenue still enjoyed a rise. An important note is that OUE has still consistently gave out dividends in May 2013.
Back to its recent asset spin off, it is likely to improve its gearing ratio and debts will be significantly reduced. At the same time, finance cost would be reduced which is gd news since interest rates is likely to increase based on reports.
OUE also has a diversified portfolio ranging from retail to commercial to hospitality in different countries. Revenue is produced from different sources. An area affected might not be too detrimental to the group as a whole.
An imminent special dividend will definitely bring rise to its current share value. It represents a good investment now from my point of view..
Signing off
SGBoy94
In addition, its current share price is at a 20% discount to its NAV. However, its recent q1 report reflects a drop in profits due to increase in finance and admin cost etc. Nevertheless,its revenue still enjoyed a rise. An important note is that OUE has still consistently gave out dividends in May 2013.
Back to its recent asset spin off, it is likely to improve its gearing ratio and debts will be significantly reduced. At the same time, finance cost would be reduced which is gd news since interest rates is likely to increase based on reports.
OUE also has a diversified portfolio ranging from retail to commercial to hospitality in different countries. Revenue is produced from different sources. An area affected might not be too detrimental to the group as a whole.
An imminent special dividend will definitely bring rise to its current share value. It represents a good investment now from my point of view..
Signing off
SGBoy94
Friday, 26 July 2013
First Investment Didn't Start Off As Plan
Ok I am rather unlucky, as demand GREATLY exceeds the supply of SPH reit shares, I am so unfortunate to not even get 1 lot of SPH reit shares.
Anyway, with such high demand for d reit shares, I expected the share price to open at a higher price to its IPO - indeed, at the end of day 1, closed at 0.985. Impressive I would say, based on its debut performance.
Another reit IPO - OUE HTRUST, made its debut at a price near its IPO price of 0.88, which is quite disappointing as reports did reflect high demand for the IPO as well. Those who wanted to stagg might have failed based on its debut performance..
Well, seems like I have to park my savings aside first before making my first move in the stock market. All blue chips in SGX now seems too overpriced to invest on, I shall bide with time before investing in a good one.
Anyway, I've been following RafflesMG quite closely these few days. As of today down 1.5%. As people starts getting more health conscious and the stable need for healthcare services, it seems like a good investment. Healthcare sector should grow from strength to strength.
Continue to bide with time!
HUAT
SGBoy94
Anyway, with such high demand for d reit shares, I expected the share price to open at a higher price to its IPO - indeed, at the end of day 1, closed at 0.985. Impressive I would say, based on its debut performance.
Another reit IPO - OUE HTRUST, made its debut at a price near its IPO price of 0.88, which is quite disappointing as reports did reflect high demand for the IPO as well. Those who wanted to stagg might have failed based on its debut performance..
Well, seems like I have to park my savings aside first before making my first move in the stock market. All blue chips in SGX now seems too overpriced to invest on, I shall bide with time before investing in a good one.
Anyway, I've been following RafflesMG quite closely these few days. As of today down 1.5%. As people starts getting more health conscious and the stable need for healthcare services, it seems like a good investment. Healthcare sector should grow from strength to strength.
Continue to bide with time!
HUAT
SGBoy94
Friday, 19 July 2013
SPH reit
This is my first post! Decided to create a blog to document all my learnings, investment etc as i find it meaningful to see my learning curve!
I have decided to splash $4,500 of my hard-earned savings on SPH reit - priced at $0.90/share. (subject to balloting)
What i really like about SPH reit is that, despite its rather low yield of about 5.5% (which would earn me about $270/year), it has rather fundamentally strong SPH as its backing. In addition, it has rather healthy gearing ratio of <30% which means that it has relatively low debts to its equity. With Paragon and Clementi under its properties, I would say both are rather strategically located which would enjoy good crowd. Both malls are enjoying 100% occupancy as well. Future rental prices are likely to increase, and with asset enhancement strategy, its future growth can be anticipated (slow growth though).
I would say that investing on SPH reit is a rather low risk investment which would guarantee respectable dividend yield, which encouraged me to fork out the money to dive into this IPO.
Based on reports, apparently it is receiving extremely strong demand from institutional and private investors. So i might predict that during its first few days after listing (25 July), the demand is likely to push up the share price of 90 cents. Nevertheless, that is my not my main focus as i am planning to hold it for long-term! - enjoy unrealized gains (if share price goes up) and dividends! Well, like what Warren Buffet said, we should buy a stock and have the intention to hold it indefinitely!
Till then!
SGBoy94
I have decided to splash $4,500 of my hard-earned savings on SPH reit - priced at $0.90/share. (subject to balloting)
What i really like about SPH reit is that, despite its rather low yield of about 5.5% (which would earn me about $270/year), it has rather fundamentally strong SPH as its backing. In addition, it has rather healthy gearing ratio of <30% which means that it has relatively low debts to its equity. With Paragon and Clementi under its properties, I would say both are rather strategically located which would enjoy good crowd. Both malls are enjoying 100% occupancy as well. Future rental prices are likely to increase, and with asset enhancement strategy, its future growth can be anticipated (slow growth though).
I would say that investing on SPH reit is a rather low risk investment which would guarantee respectable dividend yield, which encouraged me to fork out the money to dive into this IPO.
Based on reports, apparently it is receiving extremely strong demand from institutional and private investors. So i might predict that during its first few days after listing (25 July), the demand is likely to push up the share price of 90 cents. Nevertheless, that is my not my main focus as i am planning to hold it for long-term! - enjoy unrealized gains (if share price goes up) and dividends! Well, like what Warren Buffet said, we should buy a stock and have the intention to hold it indefinitely!
Till then!
SGBoy94
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