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