Denver’s Portfolio

These are the dividend that were announced so far based on my holdings. I did not receive dividends from sph reit as I bought it after the Ex date. Ex date 2020 8/5/2020 $0.015 3000 units Koufu  2020 4/52020 $0.0529 1100 units cdg 2020 19/2/2020 USD 0.02(dividend) 0.015(capital) 1000 units prime 2020 date not cfm $0.025 1400 units Genting sing

Bought 600 more units of comfort delgro at $1.96. The market has been dropping consecutively for the past few days. The amount of time that I waited for my order to be filled was around 1 minute. Immediately I set up my order, price drop to $1.95. At $1.96 is just nice about 16 PE for cdg 2019 full year EPS. Even thought comfort delgro cut their dividend recently, this is more of a long term play for me. In Long term, I think comfort delgro business is still quite defensive due to the public transport segment. I will wait for the taxi segment to be stabilised. As of now I am still down 7 plus percent after add more cdg.

Today I bought more Koufu. I bought 1400 shares more, currently my average cost price is around $0.70. My first tranche I bought around $0.675. As you can see, ever since then, Koufu stock price is on a upwards trend until recently it goes back down to 0.72 range again. I think that the coronavirus is temporary, it will be over sometime. Koufu business is still strong. Besides the double digit growth in the last quarter report, Koufu has minimal debt and ample of cash. In 2020, Koufu will be launching The Central kitchen building. That should be potential catalyst for Koufu. I am also very interested to see how Koufu milk tea business is going to be. Personally, I have seen the queue for R&B tea, there are quite a lot of people. At a PE of 14, I think Koufu is still cheap.