Category: Singapore Stocks Investing
Dear readers, recently the US dollar has retreated slightly versus the Singapore dollar. As it now stands, 1 USD equals to SGD$1.34; down much lower than the SGD $1.38 which the USD dollar has managed to climb to on expectations of the interest rate hikes. If you are of the view that it is a matter of when and not whether US dollar will trend higher versus the Singapore dollar, it may be time now to make use of this market opportunity. Read more »
Dear readers, recently we have a slew of IPOs. To recap, we had RES Holdings IPO, followed by MindChamps IPO. And for this week, we have No Signboard IPO as well as Cromwell IPO. I would like to share with you some important updates here in relation to the four IPOs. Read more »
Dear readers, you would have agreed with me that MindChamps stock which recently made its debut on the SGX amidst a much oversubscription has performed well. Yesterday, MindChamps stock closed at $0.96 per share which is $0.13 (or 15.66%) above its IPO per share of $0.83 per share. I believe investors who are invested into MindChamps did so for a couple of reasons like the MindChamps brand name, the growth prospects of private early childhood education in Singapore and the fact that SPH, a Temasek-linked company has a stake in MindChamps. MindChamps owns, operates and franchises infant care centres, pre-schools, enrichment centres as part of its business.
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Dear readers, it was announced that yesterday civil servants will get a full month bonus, on top of their 13th month bonus for year 2017. For the whole year 0f 2017, inclusive of the 0.5 month bonus paid in July 2017, the total bonuses for a civil servant works out to be 1.5 months bonus. This is not including performance bonus as well as the 13th month bonus paid to a civil servant. I think the news of the year-end bonus is a positive one for civil servants though I myself am not one. I am happy for my friends who are civil servants as they will be getting the one month bonus. Read more »
Dear readers, there are currently five stocks trading at over 9% dividend yield on the Singapore Stocks Exchange. Are you ready to find out what these five stocks are?
First, Hi-P International stock is now trading at 11.15%; following Hi-P are two other stocks which trade at over 10% dividends yields; they are Asian Pay Television Trust and ManuLife US Reit. The remaining two stocks which offer more than 9% to 10% dividend yields are Karin Technology and Global Investments Limited.Read more »
Dear readers, yesterday, in my blog post of the update of Jeff Bezos, the CEO of Amazon becoming the world’s richest person at US $100 million, I also highlighted to the effect that if an investor invested just US$2,000 into Jeff Bezo’s Amazon stock in year 1997 (when Amazon stock was just trading at US$1.73), did nothing about it and put this investment into a chest box. Twenty years later (which is now), when Jeff Bezos became the world’s richest at US$100 billion, you opened the chest box, and your original investment of US$2,000 would have become a 686 times multi-bagger (since the last closing price of Amazon was US$1,186). Congrats, you have become a millionaire at around US$1,300,0000! And your chest box has become a treasure box!
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