I applied MIT PO with excess. I am allocated with 20 shares and applied for 200. I managed to get all of it. My average cost of MIT now is 2.593 and I own 600 shares now.
I am a new and young investor. Currently I am still in poly, just here to share about my portfolio. Please feel free to advise me as necessary. Dca into Nikko AM sti etf and Abf each at $100 per month. 1600 shares of Koufu bought at $0.675. In terms of dividends received in 2019 : $13.75 from abf $3.4916 from g3b (I just started dca for about 2 months) I am personally more of a dividends growth investor. Looking to increase my investment in Koufu and Sbs transit in the future. The recent purchase of Koufu almost used up half of my savings, I need around 6 months to a year to be able to save up to a lump sum of more than $1000. At the same time will be looking into some of stocks that are trading at a discount of the book value. The quotes that motivates me to continue investing: Time in the market is better than timing the market Success is the progressive realisation of a worthy ideal We become what we think about The opposite of courage in our society is not cowar...
Half year alr can do a review on my stocks. China Construction Bank: Low valuation high dividend, highest roe among the big4 banks in China. Need to worry about China property market, subjected to do national service for ccp. (HOLDING) Genting Sing: On recovery, ongoing expansion of USS (HOLDING) ComfortDelGro: Based on personal experience, bus and mrt ridership increasing, more taxis around and returning of tourists. Still very Low valuation compare to pre covid (HOLDING/ADD) SPHREIT: Sponsor cfm not delisting, business recovering and tourist coming back.Low debt, good yield (HOLDING) MINT: solid sponsor and track record. SG manufacturing increases by 50% by 2030. Strong story for sg industrial. Need to take note of US DC occupancy rate. Good Yield. (HOLDING/ADD) UOB: solid business, acquisition of citi bank in south east Asia, good growth and yield (HOLDING/ADD <1pb and >5% yield) FCT: strong moat, good business, below 1 PB Low valuation and good yield. (AD...
9/7/2019 Sold 1048 units of abf at $1.158. Take back $1213.58, taking in the dividends I got around $39 in profits which is around 3.3% from 2018-May to 2019-Jul. I also stop the rsp for ABF to take in more cash in order to buy into other stocks that I am interested but I will still continue the rsp for ABF. On my watch list now have Koufu Sheng Siong Nam Lee Sats Fraser property BreadTalk CapitaLand Limited Dairy farm Haw Par F&N Sbs transit Sgx Due to my limited capital I can only buy in 1 stock at a time. Currently, most of the talks are quite expensive except BreadTalk and dairy farm that are down quite a lot. However, BreadTalk valuation is still quite expensive compare to her peers. I will be taking a closer look at BreadTalk if it goes cheaper in the future I might buy into it.
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