Category: SG Wealth Builder

Asian Pay Television Trust (APTT) share price on red alert

Call it sheer madness or whatsoever. Within the span of two days, Asian Pay Television Trust (APTT) share price plunged by nearly 50%. Investors with weaker hearts might have suffered serious heart attacks watching in horror at the meltdown of Asian Pay Television (APTT) share price. After all, you don’t often get to see value of business trusts being eroded by so much in a matter of days. Well, that’s investing in SGX stocks for you.

In my previous article, Asian Pay Television Trust dances with the wolves, I wrote that investors should “hope for the best but expect the worst”. I was also bearish on this counter as I was not convinced that the management had the ability to turn around the trust. My view was that the unit price would come under further pressure. Recent Asian Pay Television Trust (APTT) share price vindicated my thesis.

As the saying goes, cheap things don’t come good and good things don’t come cheap. When a business trust is trading at such abysmal level, the price level may not represent value. There are investors who insisted on accumulating more units of Asian Pay Television Trust instead of cutting losses. Well, they …

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Frasers Property Bond and CapitaMall Bond

Another day, another marker correction. The recent stock market performance must have freaked out many investors new to the game. Long-term investors and financial bloggers should be having great difficulties sleeping well at night as their stock portfolio plunged in value. Should stock investors run for their lives and turn to bonds like Frasers Property Bond and CapitaMall Bond?

In the pursuit of investment returns, many had ignored the age-old wisdom of wealth diversification. In this article, the investment merits of retail bonds (Frasers Property Bond and CapitaMall Bond) and government-linked bonds are discussed.

Frasers Property

Dark side of bonds

Most wealth builders dismiss bond investing because of the perceived low yields and illiquidity. Furthermore, investing in bonds is less exciting than stocks, which is comparatively more dynamic. In my perspective, I am not a big fan of bonds either because I am currently at the asset accumulation life-stage. However, as a fixed-income asset, bonds could offer a viable form of financial instrument, especially for retirement planning purposes.

In 2018, Temasek Holdings decided to join in the fun by offering the Astrea IV Private Equity Bond (4.35%) and the Temasek Retail Bond with 2.7% interest. The difference between the two is that …

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Sembcorp Marine share price see red

The past is history and the future remain a mystery. Would Sembcorp Marine continue to fulfil its destiny as the world no.2 oil rig builder or would it collapse in style? Sembcorp Marine share price is set for a roller-coaster ride as the company faces yet another explosive full-year loss for FY2018. The last time Sembcorp Marine reported an annual loss was in FY2015, which saw it recording a massive loss of $289 million.

For sure, the winter had lasted longer than expected. It has been four years since Sembcorp Marine share price was trading at $4.00. Currently trading at $1.66, Sembcorp Marine share price is a shadow of its former self.

Although Sembcorp Marine is operating in a cyclical industry, there is no guarantee that the share price would restore to its heyday form. Should investors throw in the towel or keep faith with the management? In my view, I fear the worst for Sembcorp Marine share price if things do not improve in the coming quarters because of its grim financial data. In this regard, investors should brace themselves for a potential meltdown of Sembcorp Marine share price.

Sembcorp Marine

A whole new world

On looking back, 2018 has proven …

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Programming your mind to financial success

Have you ever been told that you are stupid and that you will never achieve financial success? I ever did suffer from such traumatic experience when my Chemistry tutor (who happened to be my civic tutor) labelled me as “stupid” in front of the class during a laboratory experiment.

In life, our encounters and experiences shape our perspectives. Subconsciously, the actions and words of those around us could have significant impacts on us,  though they may not harbour any ill-intentions. To achieve financial success, we need to overcome such negativity.

But simply telling people who are slow to “buck up” or “work harder” will not serve to motivate that person to improve. Conversely, you are likely to trigger a defensive mechanism than inspiring him to change for the better.

In this article, I will share my insights on how we can achieve financial success by programming our mind to accomplish greater things. Read on if you are interested to become a better wealth builder and achieve financial success in your life.

In school, we don’t learn such stuff. And nobody ever coached me on mind programming. Thus, when I was being labelled as “stupid”, I felt lost. But through this …

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Return of the Structured Deposit and Structured Note

For many years, the loose monetary policy of United States led to a period of low interest rates across many countries, fuelling investors’ interest for alternative high yield products to grow their wealth. Singapore is no exception. Since 2014, Structured Products like Structured Deposit and Structured Note had been making their way back into Singapore market due to the low interest rate environment. Local banks have been promoting these financial products to satisfy investors lust for yields.

While Structured Deposit and Structured Note are in vogue (again), it does not mean you should throw all caution to the wind. On the contrary, you must understand the catch behind such alternative products to avoid losing your hard-earned money.

structured deposit

Era of wealth

Many wealth builders would recall that Structured Products like Minibonds and High Notes 5 were notorious for triggering the Great Financial Crisis in 2008. Thousands of Singaporeans lost their life savings when they bough these risky products, which they thought to be safe instruments.

As a result of the financial crisis, Monetary Authority Singapore (MAS) banned these products for a period of time to conduct investigations on whether the financial institutions selling these products complied to the guidelines and regulations. …

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Best price for bullion in Singapore

Where can wealth builders find the best price for bullion in Singapore? Against the backdrop of plunging stock market performance, plenty of investors must be on standby to purchase gold bullion to protect and de-risk their wealth portfolios.

Best Price Guaranteed

Amid the challenging operating environment, BullionStar go one step further by signalling its intent to be the price leader for bullion in Singapore through its “Best Price Guaranteed” for bullion in Singapore. If you find a bullion product with a lower listed price for an available identical bullion product with the same delivery method at one of their Singaporean competitors, BullionStar will match this price and add a FREE GIFT to your order completely free of charge.

Since 2012, Singapore government exempted Goods and Services Tax (GST) for investment grade precious metals. This pro-enterprise move led to a slew of bullion dealers setting up shops in Singapore. Among the first movers was BullionStar. Initially located in the Marina Bay Financial Centre, BullionStar had gone from strength to strength and had expanded into its current location at 45 New Bridge Road, adjacent to both Clarke Quay MRT.

BullionStar

Over the years, BullionStar had become a leading bullion deal in Singapore. Such …

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OUE share price plunged to 14-year low

Since my last coverage on 28 March 2018, OUE share price had a devastating spell of run. Share price nose-dived from $1.80 to a shocking low of $1.37. After being walloped left, right, centre, OUE share is currently trading at a stunning 14-year low. Even during the dark days of The Great Financial Crisis, OUE share price had never crashed to such abysmal level. What could have happened?

A quick look at OUE shares revealed that the average 3-month volume stood at a mere 0.33mm. This means that OUE shares are thinly traded and may present some form of liquidity for long-term investors. In addition, despite having a market capitalization of $1.23 billion, this counter is seldom heavily shorted over the past three months. This means that even the big boys cannot be bothered with this real estate giant. Is OUE a value trap for retail investors?

OUE share price

Troubles come in troops

In all respect, 2018 has proved to be a mighty difficult year for most real estate developers in Singapore. The increase of Additional Buyer Stamp Duty (ABSD) to 12% and the tightening of loan limits had dampened demand for investment properties.  Of course, the unexpected cooling measures knocked …

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iFAST share price on steroid!

Against the backdrop of market correction, the share price of numerous Singapore blue chips have retreated to new lows over the past one year. But one shining stock stands out among the sea of red. Of note-worthy, iFAST share price runs against the turn of tide and continues to be bullish despite headwinds in the market.

And I am still slapping myself for missing this multi-bagger as iFAST share price went on a majestic bull run since mid-June 2017. The stunning pace of iFAST share price caught many investors by surprise. Can iFAST share price continue to run? A lot will depend on how the management writes the next chapter of growth for this enigmatic listed company, which has a lofty ambition of hitting $100 billion group asset under administration by 2028.

The attractive aspect of iFAST is that the company is debt-free, has strong cash-flow and a scalable business that thrives in good times and bad times. Apart from Singapore Exchange, I struggle to find similar stock. In addition, iFAST has managed to reinvent itself successfully through significant capability enhancements. Henceforth, this article will examine whether iFAST share price is a good buy at current price level.

iFAST share price

iFAST turns

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Genting Singapore share price stormed by casino raiders

Being the only listed casino operator, Genting Singapore stands out as a rare breed of billion dollar enterprise among the pantheon of banks, GLCs and Reits counters in Singapore Exchange. Current market capitalization is $11.4 billion, while liquidity for this counter is also excellent, with average 3 month volume of 32.33 mm. Genting Singapore is also crazily rich, with $4 billion cash on hand. With such pedigree, it certainly makes sense for investors to invest in Genting Singapore shares.

However, since the start of the year, Genting Singapore share price has corrected by 30%. The plunge in Genting Singapore share price had given investors a wild ride, not least plenty of sleepless nights. Indeed, it had been a turbulent period for Genting Singapore as it had to retrench 400 staff in 2016 as a result of regional economic slowdown and bad debts problem. Should investors run for their lives or hang on for their dear lives?

While the past has been a treacherous journey for Genting Singapore investors, the future could be an exciting one as the casino operator prepare its bid to enter Japan, the world’s third largest economy which recently just legalized gambling.

In my opinion, Genting Singapore …

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Alibaba’s Jack Ma to revive SingPost share price?

Nowadays, it is not surprising that many of the blue chips in Singapore Exchange suffer from poor stock performance because of the global headwinds and challenging operating environment. But this is certainly not the case for SingPost share price, which plunged after the announcement of 40% decline in net profit for Q1FY18/19.

Upon the release of the financial result in August 2018, investors sent SingPost share price reeling from $1.38 to as low as $1.03. Till now, SingPost share price has not recovered its form and is on course to retreat below the $1.00 mark. Should investors run for their lives?

Before writing this counter off, it should be noted that Alibaba’s Jack Ma is a major shareholder of SingPost, with stake amounting to 14.5%.

Question now is: will Jack Ma buy over SingTel’s stake of 21% in SingPost? Given that Alibaba’s stakes were bought in two tranches – 2014 and 2017 – at SingPost share price of about $1.40, the current valuation seems attractive for a surprise buyout. In life, never say never. Just look at M1 buyout offer by Keppel and SPH a couple of weeks ago.

Those who enter at current SingPost share price should be betting …

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