Denver’s Portfolio

Bought 100 shares of sgx at 8.81 and sold one day later at 8.23. Add in commission, total loss around $85. Important lesson to learn from this trade. It is not the fundamentals of SGX, till the latest 3rd quarter results YTD eps is only 4 cents away from last year full year eps. SGX is doing very well but I sold because the price I bought is to high. Am I willing to hold SGX for years for a merely 3.4 percent yield with 30 cents dividend per share? If there is isn’t any other better stocks I would definitely do it. Now I think there are more chances in other stocks such as  DBS, UOB and OCBC. It will be a mistake for me to hold sgx if there are better chances ahead of me. *Lesson Learnt: Do not rush to buy a stock because of sudden drop in prices

Bought 1000 more units of prime US reit. Average cost now at 0.79. Beat forecasted Gross Revenue, Net Property Income and Distributable Income for quarter 1 2020. Good news that covid 19 did not impact Q1 that much. I think Covid 19 real impact can only be seen from 2nd quarter and onwards. However, based on the outlook, I think mid - Long term should still be okay. Lastly, the management we are able to refinance loan and were able to save 1 million per year through 2023. I like the management takes the initiative to refinance loan due the the Low interest rate now. Will be holding prime for Long term unless any significant change in fundamentals, will not add more for the time being as it has become my largest holding now .