Month: May 2021

SIA share price rises from the ashes

SIA share price

LIFETIME MEMBERSHIP Will SIA share price see daylight soon? Confidence in air travel has taken severe knocks following multiple waves of COVID-19 infections in various countries, not to mention the devastating second wave in India. Yet against this backdrop, USA and European countries are seeing drastic drops in COVID-19 infections and deaths due to aggressive vaccination programmes.

SIA share price

In March 2021, I wrote that SIA share price could be in for an explosive destiny following the release of full-year financial result FY20/21. Back then, I had predicted that the full-year losses to be around $3.5 billion but it turned out that the actual losses amounted to $4.2 billion. Prior to the result release, SIA share price suffered some correction, falling from $5.70 in April to the current $4.80.

SIA share price in explosive destiny

SIA share price smashed into rock

SIA share price in darkest chapter

SIA share price faces brutal meltdown

As expected, the correction for SIA share price is limited as most investors had anticipated the record losses prior to the release of the result. The question now is: how would the market react to the $6.2 billion mandatory convertible bonds (MCBs). For sure, the MCBs will strengthen …

Seeking happiness amid pandemic

happiness

LIFETIME MEMBERSHIP It has been more than a year since the outbreak of COVID-19. Just when we thought that the vaccines would enable the world to see light at end of tunnel in 2021, mutant variants have led to multiple waves of infections across countries. In Singapore, we are in a month-long of heightened alert, with new measures being implemented to curb the spread of the virus. Against this depressing backdrop, I thought it is useful to pen down some thoughts on happiness habits.

No doubt about it. Pandemic has caused many to feel anxious, depressed and stressed out. The social restrictions and public health measures not only upend our social and work routines, they have also contributed to plenty of financial woes as those working in sectors badly hit got laid off. With these challenges confronting us on a daily basis, finding happiness may seem like easier said than done.

happiness

Indeed, I am not going to sugar-coat and claim that finding happiness is a straightforward thing. It does take effort but it is not unattainable. To achieve happiness, there is a need to shift our mental modal. Given that there are reports of rising mental health cases in Singapore, …

Singtel share price to blow up in pieces?

Singtel share price

LIFETIME MEMBERSHIP 27 May 2021 will be destiny day for Singtel share price as the full-year financial result will be unveiled. Yet on 14 May 2021, Singtel management shocked investors by revealing that the results for financial year ended 31 March 2021 are expected to include net exceptional losses of $1.21 billion. Should investors run for their lives before Singtel share price blew up in pieces?

In my opinion, credit must be given to the management for giving retail investors ample warning about the upcoming headwind. Hand on heart, I am impressed by the management’s transparency. With this upfront caveat, at least most investors will be mentally prepared for the 27 May result. However, at the back of most investors’ mind must be the scale of collateral damage on the final dividend.

Singtel share price

Widely viewed as a dividend stock, Singtel is extremely popular among Singaporean investors as many retirees depend on this evergreen counter for passive income. For FY2020, underlying net profit declined 13% to $2.46 billion. As a result, the total dividends decreased to 12.25 cents from 17.5 cents in FY2019. With the bombshell revelation of net exceptional losses, I expect Singtel share price to come under severe pressure …

Mapletree Logistics Trust (SGX: M44U) is better than fixed deposits

Mapletree Logistics Trust (M44U)

LIFETIME MEMBERSHIP After I published my investment portfolio in the previous article, an SG Wealth Builder requested me to do a deep dive into another stock in my portfolio – Mapletree Logistics Trust (SGX: M44U). As this counter is my largest investment in 2021 so far, I am more than happy to share an in-depth analysis on this S-REIT.

I have been covering Mapletree Logistics Trust (M44U) since 2018. The reasons for my conviction in this S-REIT are due to the rising unit price and the distributions in recent years. Since IPO, share price has surged from $0.63 to the current $1.90. On the other hand, annual distributions had increased from $0.0686 in FY12/13 to $0.08326 in FY20/21. Loyal investors of Mapletree Logistics Trust (M44U) must be laughing all the way to the bank!

Mapletree Logistics Trust (M44U)

For the uninitiated, Mapletree Logistics Trust (M44U)’s principal strategy is to invest in a diversified portfolio of income-producing logistics real estate as well as real estate-related assets in the fast-growing Asia-Pacific logistics sector. Sovereign wealth fund, Temasek Holdings, has about 33.1% stake in this S-REIT, holding 1.42 billion shares.

During COVID-19, Mapletree Logistics Trust (M44U) went on an aggressive acquisition spree to scale its business across …

AEM share price dented my portfolio

AEM share price

LIFETIME MEMBERSHIP As a matter of policy, I do not usually share my stock investment portfolio in this blog. This is because I do not want to create the impression that I am showing off my wealth. However, at the request of an SG Wealth Builder member, I will provide at an update on my investment portfolio as at 12 May 2021. The recent devastating meltdown of AEM share price has dented the market value of my portfolio. So this update will be quite unflattering to say the least.

Given the current crisis of confidence for AEM share price, the thought of cutting losses did cross my mind to be honest. But my portfolio diversification and contra gains helped to mitigate the unrealized losses from AEM. Furthermore, AEM constituted just 11.5% of my portfolio. Henceforth, the damage from the fallout of AEM share price is largely contained. In view of this, I have decided to hold this stock for the time being and give the management the benefits of the doubt to prove themselves.

AEM share price

From $4.18 on 29 April to a low of $3.40 on 11 May, AEM share price plunged by a whopping 18.7%. The crash of …

Hour Glass share price at 10-year high

Hour Glass share price

LIFETIME MEMBERSHIP My last coverage of Hour Glass share price was in June 2019. That was nearly two years ago. Recently, a new member of SG Wealth Builder requested for my insights on the potentials of Hour Glass share price and Cortina share price. In this regard, I thought it is timely to blog about these two counters.

Between the two home-grown luxury watch retailers, Hour Glass has a much bigger market capitalization ($662.7 million) as compared to Cortina ($374.2 million). But what is puzzling to me is that both counters enjoy incredible bull runs from 2020 until now. Given that luxury watch retailers’ business is highly sensitive to economic condition, the performances of Hour Glass share price and Cortina share price have exceeded expectations.

Mind you, the global economy is still struggling under the devastating impacts of COVID-19. In view of this, what could be the key catalysts that turbocharged Hour Glass share price and Cortina share price?

Hour Glass share price

In my opinion, the biggest factor for the explosive runs of Hour Glass share and Cortina share price should be the restored stability of Hong Kong market, which is the world’s largest market for Swiss luxury watches. Back in …

Integrated Shield Plan (IP) with full rider

Integrated Shield Plan (IP)

For the longest time, I wanted to blog about Integrated Shield Plan (IP) but have been putting it off due to various reasons. The impetus for this article is due to a recent request by a lifetime member. He is seeking my views on the recent saga between the medical professionals and the insurers over the Integrated Shield Plan (IP).

The latest sparring between Singapore Medical Association (SMA) and insurers came after Ministry of Health (MOH) banned the sale of new Integrated Shield Plan (IP) with full rider on 7 March 2018. What riled many Singaporeans was the manner in which the policy was implemented. To prevent people from rushing to buy full riders, those buying a rider from 8 March 2018 had to switch to the new scheme by 1 April 2021 at the latest. Back then, MOH has not mandated any change to the 1.1 million policyholders who have full riders.

Integrated Shield Plan (IP)

I am one of the 1.1 million policyholders who have full riders. When MOH announced that new Integrated Shield Plan (IP) must come with the co-payment feature, I feared that the insurers would do the same for existing policyholders. Indeed, my worst fear came true on …