Denver’s Portfolio

I have started to do dca for sti etf for quite sometime. Not Long ago, I just received $14.12 of dividends from g3b. Now I am selling all my 262 units of my g3b. This is a lesson to be learn. Due to the Wuhan virus, the market will definitely take a hit especially the tourism sector. I have to sell my g3b to prepare more cash for potentials buys in the coming future. This all can be prevented, if I have more cash on me. I learnt that instead of investing close to 80 percent of my cash in the market. I should keep more cash in my war chest and emergency funds. Therefore, I will save more cash in the future to prevent such scenario.

On 10 jan, I bought 500 shares of CDG at $2.27. ComfortDelGro is a well known and essential company for many Singaporeans. We use their services almost every time we need to go out of our house and travel to another place. Most of their businesses are quite resilient except facing the challenge from companies like grab which hinder on the profits of the taxi segment. Based on the latest third quarter results, so far profits for 2019 is less than 2018.  For 2018 full year eps is 14.01 cents and for the 3 quarters of 2019 is 9.99 cents. Overall, for the full year profits and eps I am expecting it to be lower than 2018. I bought at $2.27 expecting to receive dividend yield of around 4 .5-7 percent if the dividend stays the same or decrease by a little. This is reference from the past 3 years of dividend rate. ComfortDelGro has a very good track record of increasing dividend for many years. If the share price continues to drop I might buy more. Based on the group’s outlook that w