Jan 15, 2011

Starhill Global Reit - result release date for Q4FY10

And the date is on 26 Jan 2011 (Wednesday).

AimsAmpsReit Q3FY11 result release date

The announcement date is fixed at 25 Jan 2011 (Tuesday).

FSL to release result for Q4FY10

The announcement date will be on 19 Jan 2011 (Wednesday).

First Reit Q4FY10 result release date

First Reit is going to announce its forth quarter for year 2010 on 21 Jan 2011 (Friday).

Jan 11, 2011

New Year, New Start

uhmm ... I have not been updating my blog recently, because there aren't much things to update. Perphaps that is the boring element in investing.

A review of this year's investment plan, I have mentioned that I will begin to buy some blue chip stocks slowly, and I mean really slowly, little by little. The reason being, I am parting some of my funds to invest in myself for continuing education. I believe that is very important too, because with better education, I should be able to command a higher paycheck, and be able to invest more in Singapore Stock Market, and the cycle repeats itself.

Nonetheless, I will still keep a lookout for good buys and update my purchase in my blog regularly.  :=)

Dec 31, 2010

First Reit Rights Subscription - Result is out

I just checked my CDP for the First Reit rights subscription result.  It turns out to be a pleasant surprise !!

Before the result was out, there was news released about the almost full subscription for this rights excercise and I did not have much hope to get any excess allocation to me. However, I am lucky to get it afterall. Hence, below is the summary on the total First Reit shares I am now holding :



Open market purchase : 4000 shares (4 lots)

Entitled shares through rights subscription : 5000 shares (5 lots)

Additional shares obtained through excess rights subscription : 1000 shares (1 lot)

Total First Reit shares bought : 10000 shares (10 lots)




A happy ending for investment year 2010 indeed !!   :=)

Dec 22, 2010

2010 year-end thoughts

It is almost Christmas and a new year is about to begin.

Looking back at this year, it has been wonderful to me so far. First of all, I formalised my passive income investing plan and it is progressing well. Secondly, I managed to increase my average monthly income from S$36 to S$147, and expecting it to hit S$200 per month. Although it is still a far cry from my target plan of S$3000/mth, I strongly believe when I do the right things and the things right, this target is achievable.

Looking forward into next year, I plan to accumulate blue-chip stocks into my humble portfolio slowly. As usual, I will update my portfolio once they are bought.

At this point of time, I will like to wish all a Merry Merry Christmas and a Wonderful New Year !!  :=)

Dec 9, 2010

First Reit Rights Subscription

Finally, the long awaited moment has arrived !!

Today is the second day opening for First Reit rights subscription via ATM. I proceeded to subscribe my 5000 rights as per planned.  On top of that, I am trying my luck for an additional 5000 excess rights, hope I can be lucky to get at least 1000 shares out of it.  Looking forward to the right subscription announcement day !!  :=)

Nov 30, 2010

Dividends for Q310 - Final

Ok, I finally received my PST dividend and it is just 1 cent off my calculation of S$108. With that, my final dividends received for Q310 is as calculated before :

S$(108 + 123 + 100 + 111) / 3 = S$147

I am very eagerly looking forward to 4Q10 dividends now !!   :=)

Nov 11, 2010

First Reit - my first healthcare reit

Just two days ago, First Reit announces that it is going to issue rights to fund the purchase of two hospitals in Indonesia. According to the announcement, it is going to issue rights at S$0.50 per unit and the TERP is estimated to be at S$0.70. It is also a yield accretive acquisition as the distribution yield is to rise from 8.57% to 9.14% (based its calculation on the closing price of S$0.95 on 4th Nov 2010).

All along, I have been interested to own some units of this reit and now it provides me a very good opportunity to do just that. Due to my capital limitation, I intend to own about 10000 shares (10 Lots) of it. After some calculation and consideration, I decided to do this :


1. Buy from open market = 4000 shares (4 Lots)
2. Rights to be received = (4000/4) * 5 = 5000 rights units
3. Shares own after rights conversion = 4000 + 5000 = 9000 shares
4. For the balanced shares :
  • To apply excess rights for at least = 1000 units => 1000 shares
  • Or, buy again from open market = 1000 shares

 Net shares to own = 9000 + 1000 = 10000 shares

So far, I have completed Step 1 today. Hence for now, I shall wait for the window of rights application to open and then proceed with my rights and excess rights application.

I will continue my update about this purchase in my later posts.