SG Wealth Builder

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Temasek Holdings laughing all the way to the bank despite Tencent share price meltdown

Tencent share price

The bloodbath of Tencent share price must have rattled numerous investors. Since early 2018, Tencent share price free fell after the Chinese authorities’ criticism on the addictive effect of mobile games on children. Following that, Tencent started to implement self-imposed limitations on games for minors. In August 2018, it didn’t help that the group announced its first quarter profit drop in 13 years. The slew of bad news created the perfect storm for Tencent share price.

So did the meltdown of Tencent share price injure Temasek Holdings? From a high of HK471 to a low of HK260, Tencent share price suffered a massive correction in 2018, making it one of the worst performing stocks globally.

Temasek Holdings hold a small stake of less than 1% in the Chinese internet firm as at 31 March 2018. While Tencent share price crashed in the past one year, Temasek Holdings  can still laugh all the way to the bank despite the meltdown in Tencent share price. Why is this so? Tencent share price Tencent share price hit the skids

It appears to me that Temasek Holdings invested USD98 million in Tencent since 2015 because the investment shown up in the FY2015 financial report. Assuming that Temasek …

Does inheritance property attract ABSD?

Inheritance property

Many people view inheritance property as a windfall. In my point of view, this may not necessary be true. When crafting a will, you have to put in thoughts and make the effort to consider important areas like applicable taxes ABSD (Additional Buyer Stamp Duty) and SSD (Seller Stamp Duty). Otherwise, you may end up causing more harm than good to your beneficiaries.

Recently, a member wrote in to enquire about the applicable taxes on inheritance property. I thought they were very good questions because he had raised concerns on areas that I have never considered before. So, I put forward his questions to Inland Revenue Authority of Singapore (IRAS) for an official reply. This is one of the merits of being SG Wealth Builder member – the opportunity to solicit official responses from government agencies concerning important financial issues.

Inheritance property

The reply from IRAS revealed some dark sides that may lead to potential traps for beneficiaries of an inheritance property. And there are even serious implications if you are not careful about it. Thus, I am sharing this article to raise financial awareness.

Basically everyone can craft his own will without the aid of legal advisors. There are even free …

Alibaba share price in wonderland with Temasek Holdings

Alibaba share price

With the onslaught of the unfolding trade war between United States and China, the past six months had been a dark chapter for Alibaba share price. From USD208 in June 2018 to a low of USD132 in December 2018, Alibaba share price had experienced a terrifying loss of form. When will Alibaba share price rise from the ashes or has the bubble really burst for this iconic e-commerce giant?

To put things into perspective, Alibaba share price had increased substantially since the company got listed in 2014. Within a short span of time, Alibaba surged from IPO price of USD68 to a record USD208 in June 2018. But this is not to say that investors had a jolly good ride as the increase of Alibaba share price was nether linear nor exponential. As a matter of fact, Alibaba share price had gone through a period of soft landing, falling to a low of USD59 in 2015. However, the stunning entry of big boys from Singapore changed the dynamic of Alibaba share price forever.

Read my other articles on Alibaba share price: Dark Side of Alibaba Group.

Alibaba share price

Fairytale run of Alibaba share price

Singapore’s Temasek Holdings was an early investor …

UOB share price flying again

UOB share price

UOB Chairman Emeritus Wee Cho Yaw is certainly larger than life. At the age of 16, I had a brief encounter with him when I received a school award from the banking legend (Mr Wee is an old boy of Chung Cheng High School (Main)). Back then, he was already very well-known, and I was totally overwhelmed by his aura. Indeed, Wee Cho Yaw is synonymous with UOB, the third largest Singapore bank. For the longest time, UOB share price has been running neck-and-neck with DBS share price.

Like DBS and OCBC, UOB share price had a mixed form in 2018. But on the business fronts, it has been a fantastic year for all three banks as earnings surged as a result of interest rate hikes. In this regard, will UOB share price rock or roil the market?

Rally of UOB share price halted

Since October 2016, UOB share price went on a berserk run, surging from $18.40 to reach the incredible height of $30 in May 2018. The dazzling run of UOB share price was certainly intriguing as it occurred at a time when the banking sector was struggling with toxic loans issued to the ailing oil and gas …

OCBC share price at threshold of an era

OCBC share price

Being the oldest bank in Singapore, OCBC was born out of the Great Depression through the consolidation of three banks in 1932 – the Chinese Commercial Bank Limited, the Ho Hong Bank Limited and the Oversea-Chinese Bank Limited. Through the decades, OCBC had weathered numerous storms and went on to become one of the largest banks in Southeast Asia. In May 2018, OCBC share price even hit a sensational high of $14. The powerful surge of OCBC share price created much wealth for wealth builders.

Will OCBC share price recapture its magical form again? A lot will depend on the management long-term strategies. Indeed, OCBC has a rich heritage as its founding father is Lee Kong Chian, the son-in-law of Mr Tan Kah Kee. Former Singapore President, Dr Tony Tan, also used to be OCBC Chairman and CEO in the early nineties. The uncle of Tony Tan was the late Tan Chin Tuan, the man responsible for the numerous investments of OCBC such as Fraser & Neave, Raffles Hotel, Robinson, Straits Trading, Wearnes and Great Eastern Life.

OCBC share price

Under Lee Kong Chian’s leadership, OCBC embarked on overseas expansion since 1950s, opening branches in China and Malaysia. The early days’ overseas …

DBS share price poised for explosive come-back?

DBS share price

For many Singaporean investors, the New Year resolution must be to avoid losses in the stock market at all costs. Indeed, 2018 had been a terrifying year as numerous blue chips got thumped. DBS share price is no exception. Being one of the leading lights of Straits Times Index (STI), DBS endured a challenging year which saw new property cooling measures and global trade tensions roiling DBS share price.

On a brighter note, 2018 had been a milestone year for DBS as the bank celebrated its 50th anniversary. To put the icing on the cake, DBS had a better-than-expected financial results in 2018 as it emerged victorious from a devastating war against toxic loans farmed to the ailing oil and gas industry. On the basis of the 9MFY2018 results, full year net profit is very likely to exceed that of FY2017. Thus there is a strong possibility of DBS share price staging a magnificent come-back in the coming weeks.

DBS share price

DBS share price pulled back

Obviously, many investors would complain that DBS share price dropped like flies from a record high of $31 in April 2018 to the current low of $23.75. But if you look back, DBS share price …

Warren Buffett and Berkshire Hathaway chased the wrong dragon?

Warren Buffett

From hero to zero. Investment guru Warren Buffett recently saw his wealth eroded by billions of dollars after Apple share price plunged in value.

Widely regarded as the Godfather of Investments, Warren Buffett is revered by numerous global investors for his god-like investment acumen. Being a value investor, Warren Buffett showed the way how to make money from stock market through value investing. In short, he is not afraid of going against the herd when it comes to investing.

However, Warren Buffett’s shock purchase of Apple shares, through Berkshire Hathaway, is considered bizarre because it ran against his contrarian principle. Where is the safety margin and mitigations for downside risks that our guru always preach?

Warren Buffett

Over the years, Warren Buffett had made a number of poor investment judgements that proved costly to Berkshire Hathaway investors. Among the worst mistakes should be funding the acquisition of General Re through issuance of Berkshire Hathaway shares. That was a whopping USD 70 billion misjudgement.

In this regard, it should be noted that Warren Buffett do make major mistakes. Thus, investors should not blindly follow what he invests in. Always remember that as a retail investor, you are not in the same league as …

Apple share price to strike back?

Apple share price

Being one of the tech heavy-weights of Nasdaq, Apple share price had taken a severe beating in recent months after a magnificent run that saw Apple becoming the first USD 1 trillion company in United States. Shortly after that impressive feat, Apple share price lost steam unexpectedly as the stock plunged from a high of USD 230 in October 2018 to USD 145 recently.

Would Apple share price strike back in style or continue to spiral out of control? 2018 turned out to be a revelation for Apple share price as it hit the skid shortly after reaching the epic high in October. The roller coaster ride of Apple share price must be giving investors plenty of sleepless nights.

Man proposes, God disposes

It doesn’t help that Apple got off to a poor start when CEO Tim Cook announced it would lower revenue guidance for Q1FY2019 on the first working day of 2019. Following the shock announcement, Apple share price got roiled.

Apple share price

Among the biggest institutional investors is Warren Buffett, whose Berkshire Hathaway owned 252,478,779 of Apple shares. The roil in Apple share price caused billion of dollars of capital loss for Warren Buffett. Ouch!

Although investors are sweating …

SingPost share price crashed to 10-year low

SingPost share price

Can SingPost share be your ticket to financial freedom or is it a value trap in the making? Perennially seen as a dividend counter, SingPost stock should have many supporters. But reality started to sink in for investors as SingPost share price plunged to a 10-year low recently.

On 28 December 2018, SingPost share price was trading at the level of $0.90, a complete disaster as the counter saw a massive correction of almost 30% since the start of the year. Indeed, the devastating spell of run for SingPost share price must be giving investors plenty of sleepless nights.

Defending SingPost share price

A reassuring note to SingPost investors is that the management religiously conduct share buy-backs throughout the year. Since January 2018, a series of share buy-backs saw the treasury shares rising from 9.3 million to 21 million in December 2018. The share buy-backs had provided much support for SingPost share price, which could have suffered a worse form if not for the share repurchases. SingPost share price Obviously, the case for SingPost share price is not unique as numerous counters were affected by the recent market sell-offs. But for SingPost, the correction started long time ago. In January 2015, the shares …

SPH share price plunged to record low

SPH share price

On 26 December 2018, SPH share price plunged to a record low of $2.33, a terrifying level not seen even during the dark days of The Great Financial Crisis in 2009. Given the devastating spell of run, investors must be sweating whether to run for their lives or buy on the dip.

And then there may be investors who are tempted to enter this counter on the premise that this could be a value stock in the making. For this group of investors, they must realize that fundamentally, SPH don’t make money from selling newspapers.

Traditionally, the media giant derives its revenue from selling advertising spaces. In this regard, the emerging challenges posed by social media and digital platforms are giving SPH a serious run for its monies. For SPH, revenue from print advertisements had been declining for the last few years. On this basis, whether SPH can stay relevant in this new digital economy would really depend on management’s execution in transforming its businesses to embrace digitisation. It is now or never. SPH share price For sure, the management is not fighting fire with fire. Rather, the strategy is to diversify revenue sources, with a focus in property investments. I …

SingTel share price and that “uh-oh” feeling

Singtel share price

Apparently, the fierce winter has lasted longer than expected as SingTel share price hit the skids. On 17 December 2018, SingTel share price plunged to an outrageous 7-year low. The last time that SingTel shares were trading at such price level was in 2011.

In my previous article on this counter, I predicted SingTel share price to nose-dive to $2.60. While this nightmare scenario has not materialized (yet), the current SingTel share price bring little cheers for investors.

It has been an awful year for investors as SingTel share price suffered an explosive 19% correction since the start of the year. The rapid decline caught many analysts and investors by surprise. On the basis of the current run, it seems certain that this counter would enter 2019 in bad shape.

SingTel share price

SingTel share price see red!

All hell broke loose for SingTel share price after the announcement of 1H results which saw SingTel recording a massive drop of 60% in net profits. Excluding the divestment of NetLink Trust in 2017, underlying net profit fell 21%, due mainly to lower contributions from Airtel and Telkomsel, and a stronger Singapore dollar against the regional and Australian currencies. With such a report card, …

Dark side of Alibaba Group

Alibaba Group

When Alibaba Group got listed in NYSE in 2014, the IPO was considered an earth-shattering event among investment community. At that point, the market valued the e-commerce conglomerate at a staggering USD231 billion. While many investors salivated at the massive prospect of Alibaba Group, it is important to pay attention to the downside risks as well.

With a name based on legendary folklore, Alibaba Group’s rise to global prominence is nothing short of fairy-tale. Widely touted as the China’s answer to Amazon, can Jack Ma’s team fulfil their destiny?

A whole new world

Indeed, Alibaba Group share price didn’t fail to live up to its initial hype, surging from strength to strength to reach the incredible height of USD210 in June 2018. Back then, the sky is really the limit for this e-commerce giant as investors cheered the berserk run of Alibaba Group share price. Immense wealth has been created and many people became insanely rich overnight as Alibaba Group share price stormed to unchartered waters.

Alibaba Group

The recent trade war between United States and China has installed some form of sanity on Alibaba Group share price. But then again, will this trade dispute be able to hold the leash on …

Can City Developments Limited CDL share price shake the blues?

CDL share price

Investors of City Developments Limited (CDL) can be forgiven for punching the wall. From a high of $13.50 in March 2018, CDL share price collapsed to the current dismal level of $8.23. Out of nowhere, CDL share price suffered a devastating train wreck, causing many investors to lose their pants. What has gone wrong with this leading light of SGX?

As one of the biggest real estate developers in Singapore, CDL share price has withstood the test of time and has weathered numerous property cycles through the decades. This time, I am absolutely convinced it will be no different. CDL share price With market capitalization of $7.6 billion, CDL is certainly one of the largest components among the prestigious Straits Times Index (STI). This means that CDL share price is extremely prone to fluctuations because short-sellers are likely to target the shares when Singapore property outlook turns sour. The 5-year beta of 1.125 vindicates CDL share price volatility. Of course, you can make money out of this stock but in my opinion, CDL share price remains an enigma to me.

If you look back, CDL share price went on a spell-binding bull run in 2017, surging from $8.30 in January 2017 to almost …

Perfect storm for Facebook share price

Facebook share price

It is a battle that Facebook chief executive Mark Zuckerberg can ill-afford to lose. In July 2018, Facebook share price suffered a brutal decline, falling from USD218 to USD172. The devastating plunge of Facebook share price wiped out at least USD140 billion market capitalization from Facebook’s valuation. The frightening meltdown was largely attributed to its poor Q2 earnings and also a series of bad news. Since then, Facebook share price never looked back, continuing to roll down the slope.

For a social media giant like Facebook, its stock performance will always be measured by revenue growth. Indeed, for Q2’18, the revenue was an impressive 43% increase year-on-year. Thus, widespread concerns over its slowing growth had been grossly misplaced and blown out of proportion. For Q3’18, Facebook continued to achieve great revenue growth, recording 33% increase year-on-year.

Apart from its outstanding earning performance, another significant investment merit of Facebook is that it has zero long-term debts. For a technology company, this is indeed a very unique advantage because it does not need to leverage to fund its growth and investors do not need to worry about insolvency issues for Facebook. To put the icing on the cake, Facebook’s business …

Rampant Sheng Siong share price on magical form

Sheng Siong share price

Crisis? What crisis? In a year in which numerous SGX blue chips retreated to multi-year lows, Sheng Siong share price defied gravity and went on a rampant bullish form. The surprise form of Sheng Siong share price confounded many critics, including myself. How did the management achieve such feat against the backdrop of market correction?

Since IPO price of $0.33 in 2011, Sheng Siong share price had been surging in recent years and even smashed a record high of $1.18 in August 2018. The selling point for Sheng Siong is that it does not have any debts and the business model generates much cash flow. These drivers caused Sheng Siong share price to be immune to market uncertainties. Given the bullish form, should investors enter this counter or is it a value trap to avoid?

In response to my previous article, “From pork seller to CEO of Sheng Siong”, a member wrote an insightful view of Sheng Siong. I found his perspective refreshing and therefore decided to publish his reply (with his consent). In this article, I will also provide some updates and views in relation to the member’s reply.

Member’s view on Sheng Siong share price

Disaster for SIA share price

SIA share price

As the year-end festive season approaches, investors of Singapore Airlines (SIA) have little to cheer about as SIA share price plunged to epic low of $9.17 on 30 October 2018. The last times that SIA share price was traded at such abysmal level were during the 2001’s terrorist attacks in United States and 2003’s SARS outbreak. Both events were black swan events that affected the industry immensely and changed the aviation landscape forever. But hey we are not having any crisis now, aren’t we?

As one of the major components among the prestigious Straits Times Index (STI), SIA is one of the biggest blue chips in the stock market. But investing in this leading light of SGX is not so straightforward as challenging operating environment and industry shifts make this stock highly unpredictable.

Given that SIA is the pride of our nation, can investors really sleep well with its stock? Are there any dark forces behind the recent meltdown of SIA share price? In this article, I will share my insights on the prospects for SIA share price and also explain why the ROE has always been terribly low.

SIA share price

Big boys fled SIA shares?

A review of market data on …

Dow Jones plunged 800 points

Dow Jones

On 4 December 2018, Dow Jones crashed 800 points due to concerns over the intriguing trade wars between United States and China. The devastating decline in Dow Jones wiped off billion of dollars from the stock market as investors ran for their lives. Evidently, the spectre of a recession looms large, casting a dark shadow on Wall Street as investors are not convinced of the trade tariffs ceasefire.

The latest stock market rout came as Dow Jones emerged from a black October in 2018 which saw Dow Jones plummeted from 26,800 to 24,400. The massive decline of Dow Jones must have freaked out investors new to the game. But then again, it is important to note that Dow Jones had one of the longest bull runs in stock market history, surging from 7,000 points in 2009 to a high of 26,600 in January 2018.

Obviously, what goes up must come down. Investors must brace themselves for such corrections and avoid making rash moves that could result in losses. Indeed, it turns out that 2018 is a year of revelation as Dow Jones had experienced serious bouts of corrections.

Dow Jones

On 5 February 2018, US Dow Jones plunged nearly 1,200 points, the …

Transforming the Concept of “Business as Usual”: How Augmented Reality (AR) is Impacting the Asian Marketplace

AR

It is no secret that Asia is quickly becoming a global economic powerhouse. In fact, some analysts believe that American dominance within this portion of the world is coming to an abrupt end (1). There are many reasons behind this paradigm shift and one of the most relevant involves the ways in which technology is being deployed across the online retail sector. Augmented reality is a perfect example of how smart businesses are leveraging the power of the digital revolution. Let’s take a closer look at how these innovative systems function before highlighting some of their primary benefits.

AR 101: Taking the Online Shopping Experience to an Entirely New Level 

We should first appreciate that the concept of AR has been in existence for some time. It was first seen within the real estate sector, as potential customers could access 360-degree perspectives of a home or an apartment. However, these systems were rather crude and their capabilities were decidedly limited. Technology has come a long way and AR can now be used by even smaller online enterprises in order to actively promote their top-selling products.

AR

AR essentially employs a series of images so that a specific item can be viewed …

Dark chapter for high-flying First REIT

First REIT

Is this the best window of opportunity to enter First REIT? The unit price of the health-care service provider had taken a severe knock after crashing 16% from 15 to 20 November 2018. Such devastating decline is unheard of among S-REITs and perhaps, illustrated a strange dark chapter for First REIT.

For sure, First REIT is widely regarded as one of the most established S-REITs and possesses a proven track record of solid distributions. First REIT was listed on the SGX mainboard on 11 December 2006. Since IPO, the unit price of First REIT had experienced an explosive bull run, surging from an IPO price of $0.53 to a peak of $1.47 in 2015.

First REIT

Even with the recent correction, long-term investors should be laughing all the way to the bank because of the mighty unit price appreciation and the long history of distributions paid out.

Notwithstanding the above, many investors should be having difficulty sleeping well at night as unfolding events threaten to derail the growth prospects for First REIT. Out of nowhere, First REIT unit price suffered an unexpected train wreck. Should investors start running for their lives? Or should investors stay put and hope for a windfall from …

Halcyon Agri share price suffered horrendous train wreck

Halcyon Agri

Despite being hailed as the world largest listed rubber supply chain manager, Halcyon Agri is ironically seldom covered by stock analysts in Singapore. In recent years, the company had experienced quite a massive transformation that saw them being acquired by China big boy, Sinochem. As a result, total revenue rocketed from $635 million in FY2014 to an amazing $2.66 billion in FY2017. Nonetheless, Halcyon Agri share price suffered a serious loss of form recently. What on earth has happened?

In investing, the key to winning is investing in companies with top market positions because you would want to invest in companies with competitive advantages and investment moats. Halcyon Agri has certainly positioned itself well by becoming the biggest listed rubber supply chain manager. But this does not mean that this counter is low-risk. On the contrary, the volatility of Halcyon Agri share price had been giving investors plenty of sleepless nights in 2018.

As a commodity supply chain player, Halcyon Agri share price can be vulnerable to the volatility of commodity prices. What this means is that market timing is important. So, you must set appropriate entry and exit strategies to avoid losing your pants.

Profile of Halcyon Agri

Halcyon …

Yanlord share price tumbled 30%

Yanlord share price

From a high of $1.86 in early 2018, PRC-based Yanlord share price suffered a severe decline to reach a startling low of $1.29. The crash of Yanlord share price is particularly mystifying given that it came on the back of a consistently solid financial results over the last 5 years.

Is the current Yanlord share price reflecting the true value of the real estate company or is the God of Wealth playing a trick on investors? To be frank, the issue facing Yanlord is not company-specific. Rather, the whole S-chip industry is currently suffering from a crisis of confidence among investors.

Loss of faith in S-chips

The lack of confidence in S-chips is not new and has been a well-known recurring problem in Singapore stock market for the past decade. It had been a devastating period of time as investors had lost much wealth when errant S-chips either went into financial difficulties or were “creative” in their accounting. As a matter of fact, the SGX Watch-list is littered with so many dead S-chips while there were cases of S-chips embroiled in corporate scandals.

Yanlord share price

Recent move by SGX regulators to require new S-chips to have cornerstone investors or state-owned enterprise brings …

Golden Agri Resources share price crashed to 10-year low

Golden Agri Resources

Golden Agri Resources holds a special place in my heart. This is the only blue chip which I tried to trade and subsequently lost $1200 in a single day more than 10 years ago. I can still remember that raw feeling when cutting losses on this counter. At the end of the day, I knew that I had made a mistake and decided to move on. Incidentally, Golden Agri Resources share price hit a low of 10 year recently. So I decided to initiate a review on this palm oil producer.

On looking back, losing money in stocks is never a good feeling but I had gained a lot of valuable lessons. Firstly, I had mentioned that there is no such a thing as good or bad stocks because in life, there are only flawed or right strategies.

At that point of time, I suffered losses on Golden Agri Resources because I had not done sufficient homework. I had failed to see that Golden Agri Resources operate in a cyclical industry and the shares are therefore prone to volatility. If I had held on the stock for a few more years, I would have enjoyed substantial capital gain because Golden …

Will gold price return to crazy high form?

gold price

Will gold price ever return to its crazy high form? The recent meltdown of Asian Pay TV Trust (APTT) share price must have depressed many investors. Indeed, the Straits Times Index (STI), as a whole, had been performing poorly in 2018. Wealth builders who had ignored the wisdom of diversifying their portfolio in different assets are paying a heavy price now. Should stock investors run for their lives and shift their attention to gold instead?

Recent stock market corrections do not represent a full-blown crisis. But it does not reflect a signal for investors to enter the stock market either. Wealth builders should heed the warning and start insulating their portfolios against the risks unfolding in the market. You certainly don’t want to be caught with your pants down when there is a violent stock market correction.

BullionStar

Then again, it is naïve to assume that the current unrest in the stock markets would lead to higher gold price in the coming months. This is because gold price is intricately linked to the monetary system, financial markets and central bank policies. In short, the drivers for gold price are not as simple as one would think.

Long seen as a safe …

Buying Silver as an investment in Singapore

Silver

The market for purchasing a variety of precious metals in Singapore has steadily increased in the last few years due to the removal of income tax or capital gains tax on imported investment grade precious metals such as gold and silver.

Investors are keen to take advantage of the savings they can make to ensure their deposits are even more profitable. Many of the products available include silver ingots but large numbers of silver coins are being imported from different countries around the world. Some of the coins have beautiful designs and are becoming popular as investments with collectors. You will probably recognise some of them fairly easily but others may be a little more obscure.

Silver

Canadian Maple Leaf

This incredibly popular coin was launched in 1988 and is produced by the Royal Canadian Mint. It has the country’s national symbol of the Maple Leaf on the front and overleaf has a portrait of Queen Elizabeth II.

Fiji Silver Taku

The beautifully etched turtle featured on this coin has seen it become an instant hit since its launch in 2010. It is issued on behalf of Fiji’s government by the Sunshine Minting Inc.

Australian Kangaroo

The purity of silver in …

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

Halcyon Agri

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 …

Frasers Property Bond and CapitaMall Bond

Apple share price

Another day, another market 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 …

Sembcorp Marine share price see red

Sembcorp Marine share price

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 …

Programming your mind to financial success

AR

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 …

Return of the Structured Deposit and Structured Note

structured deposit

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 bought 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. …

Best price for bullion in Singapore

BullionStar

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 dealer in Singapore. Such …

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