Author: Singapore Stocks Investing

A CONFIRMED 5.3% CAPITAL RETURN FROM THIS STOCK?

Dear readers, just some time ago, Global Yellow Page announced that it will be placing out rights shares priced at 20 cents per share in order to raise some funds for its business expansion. What surprised me was that the right shares at 20cents each was at a premium over the then trading price of Global Yellow Pages stock. Since the announcement of the rights issue, Global Yellow Pages stock price has increased. Based on yesterday’s closing, Global Yellow Pages stock are at 19 cents per share, still below the price of the rights. Read more »

FIVE STOCKS WHICH COULD BENEFIT FROM THE DELAYED GST HIKE

Dear readers, the verdict on the GST hike has been out and Singaporeans should expect to see GST increase sometime from year 2021 to 2025 with the current 7% GST increased to 9%. While GST hike means every one of us has to fork out more for our consumption, I am at least heartened that there is still some time away from the implementation of the increased GST. Read more »

BACK TO WORK AFTER CHINESE NEW YEAR: TOM K’S MUSING

Dear readers, I returned to work yesterday after taking some days of leave during the Chinese New Year holidays. Before Chinese New Year, I was really hard at work in my house, tidying and scrubbing during the annual spring cleaning. During Chinese New Year, I have been eating lots of snacks and gaining some fats as well as watching some well-deserved movies on TV. Now after Chinese New Year, it is back to work as usual. Read more »

TOM K: MY ANALYSIS OF THE SINGAPORE STOCKS NOW

Dear readers, the STI carried out a good rebound of 1.14% north yesterday to reach a close of 3,516.23. To appreciate the rally, let us look at the STI ETF, an ETF which tracks the STI. When the Singapore stocks markets corrected recently, the STI ETF went to a low of $3.35 on 9 Feb 2018. Yesterday, the STI ETF, buoyed by the STI rally went to a high of $3.52. This means that if an investor has bought into the STI ETF at $3.35 for a cool 3,000 shares at a total investment of $10,050 and sells the ETF at $3.52 for a profit of $0.17 per ETF share (around 4.82% profit margin), the investor would have profited a cool $510 before transaction fees.Read more »

GST TO INCREASE TO 9%, WHAT SHOULD YOU DO NOW?

Dear readers, yes, finally, the government announced that it would increase GST to 9% between 2021 and 2025 as per the Budget Speech delivered by Finance Minister yesterday. While many of us would have already picked up the clues prior to the Budget Speech of an increased GST, I think not many of us would know the exact quantum of GST increase as well as the timeframe of implementation. Hence it is with great relief that we all know that yes GST will increase by 2 percentage points and that the implementation will only start between year 2021 and 2025. Read more »