Wednesday, 24 December 2014

Christmas Gift!!??!!


Out of the extraordinary, I made USD54 after deducing all fees/options trades on CMCSA(Comcast Corp). This is purely a speculation played on 3rd Dec when I placed a CALL options spread of 57/57.5 with total debit of USD40. At that point of time, the stock was trading at USD57.02. I'm betting that by expiration on 19th Dec, if the stock stay above USD57.50, I'll make a total of 150% return. This trade was done entirely on technical analysis.

Wednesday, 17 December 2014

Recent Buy


Bought 1000 shares of Lippo Malls Indonesia Retail Trust at the cost (including commission/fees) of S$320.74. This purchased is in addition to existing holding. Overall cost per unit is S$0.366. Based on the latest dividend of S$0.0069, my forward dividend income will increase by another S$27.60 annually. The yield on cost is 7.54%.

If you are interested, the updated stocks portfolio can be view by clicking on the link below. It is updated once at the end of the month:

Stock Portfolio

Wednesday, 3 December 2014

Options Trades




With the O & G sector badly beaten, my holding on Seadrill (SDRL) had dropped tremendously. After looking thru, I decided to sell PUT options:-

  • sell-to-open SDRL Dec 14 14.5 PUT @0.93.

When this trade was send, SDRL was trading at ~$14. In order to gain maximum profit with this trade, the stock would have to move up and stay above $14.50. If that happens we will see the maximum profit of $93 (6.42%). As long as the stock stay above $13.57, it will gain partial profit.

 You will be able to see my realised P/L here. Feel free to give your comment.

Monday, 1 December 2014

Monthly Review - November 2014



My 4th post on my monthly review. While updating, I realised that the past values which were updated last month were increased. This is cause by the strengthening of USD:SGD rate. USD$1 will be SGD$1.30 which is good for me, as I'm reporting my portfolio in SGD.

Saturday, 29 November 2014

Recent Buy






I initial a new position with Tai Sin (SGX: 500) into my portfolio last week. I like the numbers of the company. Excellent earnings growth track record with CAGR of 17% on the past 16 years. Consistent profitability growing from 2005 to 2014 with 16.93%.

Based on this year dividend payout of 0.0225(twice yearly), this purchased will increase ny dividend income with an additional of S$22.50 per year and carry a YOC of 6.17% with payout ratio (TTM) 45.37%. My valuation of this stock with 30% margin of safety is S$0.52. Sean Seah had done a very good analysis on this company. You can read it here.

If you are interested, the updated stocks portfolio can be view by clicking on the link below. It is updated once at the end of the month:

Wednesday, 26 November 2014

Options Trades


Since my last trade(10th Nov) of a covered call, the stock price of EBIX had moved from $15.60 to $16.26. I had already queued to roll this into Jan15 waiting to be filled.


Nov expiration had passed. Here is my best trade in term of return which expired worthless:-

  • EBIX Nov 14 14 PUT @1.55.
  • EZPW Nov 14 10 PUT @1.15.
Trade remain open:-
  • sell-to-open EBIX Dec 14 15 CALL @0.75 It is the average premium collected with 2 contracts traded.
You will be able to see my realised P/L here. Feel free to give your comment.

Thursday, 13 November 2014

Options Trades





With the rallying of EBIX, I had opened a new options trade on a covered call:-

New Trade

  •  sell-to open EBIX Dec 14 15 CALL @1.00.

Trades remain open

  •  sell-to-open EBIX Nov 14 14 PUT @1.55.
  •  sell-to-open EZPW Nov 14 10 PUT @1.15.
  • sell-to open EBIX Dec 14 15 CALL @0.50.
With this new trade, now I hold 2 contracts of Dec 14 strike 15 CALL at an average of $0.75. The continuing run up on the price of EBIX above the $16, will enable me to close both the Nov 14 $14 PUT trades before expiration. 

                                                       image: www.google.com
 
You will be able to see my realised P/L here. Feel free to give your comment.

 

Friday, 31 October 2014

Monthly Review - October 2014



My 3rd post on my monthly review. 

Sunday, 26 October 2014

Options Trades


With the recovered of EBIX price, the premium is high enough for me to sell a covered called on my holding.

New Trade

Saturday, 18 October 2014

Options Trades


With the general market in a bear mood.....my 2 positions are in the RED for the month of Oct. I repaired both trades by rolling over them into Nov trades as I do not want it to be assigned with the stock. 

EBIX
  • buy-to-close EBIX Oct 14 14 PUT @1.03
  • sell-to-open EBIX Nov 14 14 PUT @1.55

EZPW
  • buy-to-close EZPW Oct 14 10 PUT @0.70
  • sell-to-open EZPW Nov 14 10 PUT @1.15
You will be able to see my realised P/L here. Feel free to give your comment.

Sunday, 5 October 2014

Recent Buy

http://www.sgx.com/wps/portal/sgxweb/home/!ut/p/a1/04_Sj9CPykssy0xPLMnMz0vMAfGjzOKNHB1NPAycDSz9wwzMDTxD_Z2Cg8PCDANdjYEKIoEKDHAARwNC-sP1o8BK8JhQkBthkO6oqAgAzDYPQQ!!/dl5/d5/L2dBISEvZ0FBIS9nQSEh/


Few days back in the beginning of Oct, I added SGX into my portfolio(CPF investment account). This will be the 2nd largest holding in my portfolio after OCBC. Bought at S$7.00 per share (excluding fees/commissions).
Based on FY13 dividend payout of  S$0.28(quarterly payout), this purchased will increase my dividend income with an additional of S$280 per year and carry a YOC of 4.0% with payout ratio (TTM) 93.49%. Even though it is expensive with P/E of 23.6, I take the opportunity to buy on it's dip due to not so good financial performance last quarter.

I have confidence in this company going forward and with new direction, it will be a good defensive stock in the long term.

If you are interested, the updated stocks portfolio can be view by clicking on the link below. It is updated once at the end of the month:

Stock Portfolio

Saturday, 4 October 2014

Monthly Review - September 2014


Wednesday, 1 October 2014

Options Trades


Been busy with work on business travel and project deadline for the past 2 weeks. The busy schedule will continue in the month of Oct. It will be short post on my trades.


Sep expiration had just passed. Here is my trades which had expired:-

  • EBIX Sep 14 15 PUT @0.40. Stock was assigned.

Trades remain open:-
  • sell-to-open EZPW Oct 14 10 PUT @0.40. If option expire worthless, ROI will be 3.87% for 55 days of holding.

New Trades:-
  • sell-to-open EBIX Oct 14 14 PUT @0.70. If option expire worthless, ROI will be 4.9% for 25 days of holding.

You will be able to see my realised P/L here. Feel free to give your comment.

Wednesday, 17 September 2014

Options Trades


A busy month for trading options! There was only 1 trade open for Sep expiration - A covered CALL play on EBIX at strike price of $14. This trade sto on 24 Jul with premium collected of USD50 and btc on 11 Sep with payment of USD120.

Sunday, 14 September 2014

Recent Buy

 
By the end of last week, I added my 19th business into my portfolio. My number 9 in US listed businesses, bought at US$59.50 per share (excluding fees/commissions). It passed thru my funnel with beautiful results.
 
 
Based on last dividend payout of  US$0.37(quarterly payout), this purchased will increase my dividend income with an additional of US$23.68 per year and carry a YOC of 2.47%, dividend payout ratio is just slightly above 23%. Shares are trading relatively cheap with P/E (ttm) of 9.45 as compare with the industry of 15.2.


If you are interested, the updated stocks portfolio can be view by clicking on the link below:
 

Stock Portfolio

Tuesday, 9 September 2014

My 1st Purchased of SG Listed Business


The 1st Singapore listed stock I bought was in Dec 1993 when the Singapore Government started the Special Discounted Share (SDS) Scheme. It is part of the Government's asset enhancement programme to make Singapore a share-owning society, thus giving Singaporeans a greater stake in the country.

The SDS, happened twice in Dec 1993 and Aug 1996 with prices of S$1.90 & S$2.50 per share respectively. Every citizen who qualify are entitled to purchase either one or both during the specified period. I used my fund from the CPF to made both purchases (of my entitlement) of 600 shares @S$1.90 in Dec 1993 and 500 shares @S$2.50 in Aug 1996. These were discounted price as compared to the market price during that time. In order to discourage shareholder from selling to obtained a fast profit of these discounted shares, bonus shares were given for loyal shareholders. Total numbers of shares I received during the whole period till 2002, were 440 shares without paying a single cent.

Friday, 5 September 2014

Recent Buy



On Thursday, I added my 17th business into my portfolio. 1st business bought in the open market with my CPF Investment Account. The largest holding to date with weightage of ~24% of the overall portfolio! Bought at S$9.65 per share (excluding fees/commissions).

Based on last dividend payout of  S$0.18(semi-annually payout), this purchased will increase my dividend income with an additional of S$360 per year and carry a YOC of 3.7%, dividend cover(times) is ~2.3. P/E at 10.5, it is relatively cheap among the 3 local banks of Singapore.

If you are interested, the updated stocks portfolio can be view by clicking on the link below:
 

Stock Portfolio


Tuesday, 2 September 2014

Monthly Review - August 2014


Friday, 29 August 2014

Recent Buy



Bought 1000 shares of Lippo Malls Indonesia Retail Trust at the cost (including commission/fees) of S$410.95. Based on the latest dividend of S$0.0068, my forward dividend income will increase by another S$27.20 annually. The yield on cost is 6.62%. Why do I open this position?

Tuesday, 26 August 2014

Options Trades

Been looking high and low in the options market. There seen not to have any interesting trade which is suitable for me in the Sep expiration month. I opened a trade for Oct expiration:-

Thursday, 21 August 2014

Dividend Income

I'm getting excited!

I was meddling with my portfolio goggle spreadsheet trying to merge both my Singapore & US listed holding into a summary worksheet. The main objective was to get an overall picture (in percentage) of the individual holding in term of cost and market values relative to each other.


While working on the file, 

Tuesday, 19 August 2014

Options Trades

Hi there,

As I will like to have another stream of income, I begin to sell options to generate this small amount every month. Since Oct 2013, realized ROI is ~3.5% till today. As you can read from my Goal, this had already surpassed my this year target. I'm changing this target to be at 4% ROI going forward.

Sunday, 17 August 2014

My 1st Purchased of US Listed Business

The 1st US listed stock I bought was in Jan 2014. It was Usana Health Sciences, Inc.(USNA).I will like to give appreciation to the coaches of Mind Kinesis, who had taught me on Value Investing - how to read and interpret financial reports, which important points to look out for when selecting good companies which are undervalue, how to evaluate businesses, how to seep opportunities.......

Tuesday, 12 August 2014

Watching Kinder Morgan Inc

The gapped up of Kinder Morgan Inc. (NYSE:KMI) on Monday morning, was due to the announcement made by KMI CEO, Mr Richard Kinder, that KMI is purchasing its underlying MPLs and entities: Kinder Morgan Energy Partners, L.P. (NYSE:KMP), Kinder Morgan Management, LLC (NYSE:KMR) and El Paso Pipeline Partners, L.P. (NYSE:EPB).

Friday, 8 August 2014

Happy Birthday Singapore!!!

In another 6 hours, Singapore will be celebrating 49 years of independent. My wish for Singapore and its people:- Stay healthy, Stay happy, peace be upon the world.

http://www.ndp.org.sg/index.php

Wednesday, 6 August 2014

Recent Buy

Mr Market had been in a free fall for the past few days. My portfolio also had shredded a few percentage down. Do I need to worry about it?

Alert! Been observed that GE had gone into my buy zone. Bought 40 shares at $25 each. Cost per share including commission is $25.13. Based on current quarterly dividend of $0.22, it will increase my dividend income with an additional of $35.20 per year and carry a YOC of 3.5%. dividend payout ratio is just under 60%. Shares are trading relatively cheap with P/E ttm of 19.7 as compare with the industry of 24.3.

What do you think of this buy? Please drop a comment or two....

Sunday, 3 August 2014

Options Trades

Hi there,

As I will like to have another stream of income, I begin to sell options to generate this small amount every month. Since Oct 2013, realized ROI is ~3.5% till today. As you can read from my Goal, this had already surpassed my this year target. I'm changing this target to be at 4% ROI going forward.

Friday, 1 August 2014

Contemplating between KO or PEP?

Both businesses had been in my watch list. But right now, I only have enough fund for one of them. Which should I purchase this month? Let's take a look while I think aloud!

The 10 years growth rate on revenue, EPS & dividend of both company were very similar.

Tuesday, 29 July 2014

Should I or shouldn't I?

Been thinking for quite some time if I should start blogging about my investing journey. What do I hope to achieve by sharing this journey? Will it be sustainable? Will I be discipline enough to continue writing for years to come?

All bloggers out there, do you have similar dilemma when you first started writing? Please comment and suggest your thoughts with me on this catch22 situation.