CDP
| Security | # shares | Price S$ | % |
|---|---|---|---|
| DBS | 400 | 32.85 | 3.56 |
| UOB | 400 | 27.02 | 2.93 |
| OCBC Bank | 700 | 12.68 | 2.41 |
| SGX | 2,700 | 9.47 | 6.93 |
| ST Engineering | 6,900 | 3.76 | 7.03 |
| CapitaLand Investment | 10,100 | 2.94 | 8.05 |
| SATS | 8,200 | 2.46 | 5.47 |
| Powermatic Data | 8,500 | 2.65 | 6.11 |
| TheHourGlass | 15,000 | 1.65 | 6.71 |
| Micro-Mechanics | 14,200 | 1.80 | 6.93 |
| VICOM | 21,500 | 1.29 | 7.52 |
| Sheng Siong | 19,100 | 1.55 | 8.03 |
| Nanofilm | 21,600 | 0.93 | 5.45 |
| Genting Singapore | 11,700 | 0.86 | 2.73 |
| Credit Bureau Asia | 14,300 | 0.90 | 3.49 |
| HRnetGroup | 21,900 | 0.69 | 4.10 |
| TalkMed Group | 14,500 | 0.39 | 1.53 |
| China Sunsine | 41,800 | 0.40 | 4.53 |
| HC Surgical | 35,500 | 0.33 | 3.18 |
| Kimly | 27,000 | 0.305 | 2.23 |
| Silverlake Axis | 15,000 | 0.27 | 1.10 |
YTD Dividends Received = $11,270
YTD SBL Fees Received = $898
Trades
- Bought 10,000 shares of TheHourGlass.
- Bought 3,700 shares of VICOM.
- Bought 2,700 shares of CapitaLand Investment.
SRS
| Security | # shares | Price S$ | % |
|---|---|---|---|
| DBS | 100 | 32.85 | 2.35 |
| UOB | 200 | 27.02 | 3.86 |
| OCBC Bank | 900 | 12.68 | 8.15 |
| SGX | 1,300 | 9.47 | 8.79 |
| ST Engineering | 3,000 | 3.76 | 8.05 |
| CapitaLand Investment | 2,600 | 2.94 | 5.46 |
| SATS | 3,800 | 2.46 | 6.67 |
| Powermatic Data | 3,400 | 2.65 | 6.43 |
| TheHourGlass | 5,000 | 1.65 | 5.89 |
| Micro-Mechanics | 5,400 | 1.80 | 6.94 |
| VICOM | 5,500 | 1.29 | 5.07 |
| Sheng Siong | 8,700 | 1.55 | 9.63 |
| Nanofilm | 5,500 | 0.93 | 3.65 |
| Credit Bureau Asia | 5,700 | 0.90 | 3.66 |
| HRnetGroup | 7,500 | 0.69 | 3.69 |
| TalkMed Group | 5,800 | 0.39 | 1.61 |
| China Sunsine | 10,800 | 0.40 | 3.08 |
| HC Surgical | 19,500 | 0.33 | 4.59 |
| Kimly | 5,800 | 0.305 | 1.26 |
| Silverlake Axis | 6,000 | 0.27 | 1.16 |
Trades
- Bought 7,500 shares of HRnetGroup.
- Bought 5,000 shares of TheHourGlass.
Singapore Savings Bonds
| Security | Amount ($) | Avg Yld % |
|---|---|---|
| GX18070N | 12,500 | 2.63 |
| GX22120S | 14,000 | 3.47 |
| GX23010Z | 15,000 | 3.26 |
| GX23110V | 20,000 | 3.32 |
Commentary:
While the Russia-Ukraine war is still ongoing, another battlefront erupted in the Middle East between the Hamas group and Israel. Neither party seems to be willing to negotiate for peace. Thousands of civilian lives have been lost in the Gaza Strip. It is a horrendous tragedy.
I am grateful Singapore is in a stable geopolitical region. We have cordial relationship with our neighbours and we are relatively shielded from natural disasters, apart from the man-made haze. We are lucky. But we should never take this fortune for granted.
Global equity markets retreated in October. The S&P 500 Index ended the month down 2.2% but our local Straits Times Index tanked 4.7%. For investors who have been patiently waiting on the sidelines, this is a chance to deploy our capital at favourable prices. I took the opportunity to load up on shares of CapitaLand Investment, HRnetGroup, VICOM and TheHourGlass.
Besides stocks, I also subscribed for $20,000 of the latest SSB tranche. The average return of 3.32% is comparable to the dividend yield of most common stocks. Moreover, I like the relatively flat yield curve for this issuance. We earn 3.21% interest consistently for the first six years, before stepping up and ending the last two years at 3.63%.
Rumours on The Street is that the U.S. Federal Reserve will likely do one more interest rate hike. This means the yield may go higher. Conversely, this also means the borrowing cost is likely to stay elevated for some time. Be wary of companies with a high debt load and facing challenges generating cashflow. They are one step away from bankruptcy. Just look at the Chinese developers Country Garden and Evergrande.
October was also the month when my wife and I celebrated our twelfth wedding anniversary. Both of us took a day off from work, spent time shopping, and enjoyed a sumptuous meal. In the evening, I presented my wife with a beautiful floral bouquet. I was never known to be romantic, so it was a pleasant surprise. Sadly, the bouquet lasted only a short while before her Engineering habit kicked in and she started dissecting the bouquet to sort out the flowers. Haha.
I am grateful Singapore is in a stable geopolitical region. We have cordial relationship with our neighbours and we are relatively shielded from natural disasters, apart from the man-made haze. We are lucky. But we should never take this fortune for granted.
Global equity markets retreated in October. The S&P 500 Index ended the month down 2.2% but our local Straits Times Index tanked 4.7%. For investors who have been patiently waiting on the sidelines, this is a chance to deploy our capital at favourable prices. I took the opportunity to load up on shares of CapitaLand Investment, HRnetGroup, VICOM and TheHourGlass.
Besides stocks, I also subscribed for $20,000 of the latest SSB tranche. The average return of 3.32% is comparable to the dividend yield of most common stocks. Moreover, I like the relatively flat yield curve for this issuance. We earn 3.21% interest consistently for the first six years, before stepping up and ending the last two years at 3.63%.
Rumours on The Street is that the U.S. Federal Reserve will likely do one more interest rate hike. This means the yield may go higher. Conversely, this also means the borrowing cost is likely to stay elevated for some time. Be wary of companies with a high debt load and facing challenges generating cashflow. They are one step away from bankruptcy. Just look at the Chinese developers Country Garden and Evergrande.
October was also the month when my wife and I celebrated our twelfth wedding anniversary. Both of us took a day off from work, spent time shopping, and enjoyed a sumptuous meal. In the evening, I presented my wife with a beautiful floral bouquet. I was never known to be romantic, so it was a pleasant surprise. Sadly, the bouquet lasted only a short while before her Engineering habit kicked in and she started dissecting the bouquet to sort out the flowers. Haha.
 |
| Someone is shyly hiding behind the flowers. =) |
School examinations are finally over. My kiddos are now enjoying themselves, waiting for the holiday to start. We have an Australian trip planned in mid-November. Going to tour Brisbane, Sunshine Coast and Gold Coast. The anticipation is building!
Until next time!
Until next time!
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