tag:blogger.com,1999:blog-45864406463554045682024-03-17T20:02:31.401+08:00ccloh Strategic Investor ZoneDocument the journey of my stocks investment as a strategic investor. Record of investment portfolio performance, stocks analysis and market analysis. Trade like Jesse Livermore, Invest like Benjamin Graham, Think like 诸葛亮.cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comBlogger3798125tag:blogger.com,1999:blog-4586440646355404568.post-49262483055218757382024-02-29T17:23:00.002+08:002024-02-29T17:23:18.001+08:00Portfolio -- Feb 2024<p> </p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on">1. Entitled Frasers Cpt Trust advanced distribution of 4.23 - 4.27 cents/unit </div><div dir="ltr" trbidi="on">2. Received MapletreeInd Trust dividend of 3.36 cents/unit</div><div dir="ltr" trbidi="on">3. Received Kep DC Reit dividend of 4.332 cents/unit</div><div dir="ltr" trbidi="on">4. Entitled to Lendlease Reit scrip or cash dividend of 2.095 cents/unit</div><div dir="ltr" trbidi="on">5. Entitled to CapitaMall Trust scrip or cash dividend of 5.45 cents/unit</div><div dir="ltr" trbidi="on">6. Received STI ETF dividend of 7.3 cents/unit</div><div dir="ltr" trbidi="on">7. Partial divestment of 16.37% of one of the token in the CryptoCurrency resulting in Realized Gain of 2.38% (w.r.t capital of Income section)</div><div dir="ltr" trbidi="on">8. Total Realized for Portfolio increased from +17.20% to +18.76%</div></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$1.96<span> </span></td><td style="color: blue;">+67.42%</td><td style="color: blue;">+126.16%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.29</td><td style="color: blue;">+151.44%</td><td style="color: blue;">+104.09%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$1.70</td><td style="color: blue;">+70.30%</td><td style="color: blue;">+71.47%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.19</td><td style="color: blue;">+28.57%</td><td style="color: blue;">+42.67%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.575</td><td style="color: blue;">57.50 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+81.49%</td><td style="color: blue;">+82.15%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.45</td><td style="color: blue;">45.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.132</td><td style="color: blue;">13.20 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.151</td><td style="color: blue;">+20.82%</td><td style="color: blue;">+18.53%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+7.37% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+1.04%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+31.35%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+51.84%</span><span style="color: blue;">, +0.00%</span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+31.35% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+19.63%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Crypto)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+2.38% </span><span style="color: #800180;">(% Income cost)</span></td><td>--</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.76%</td><td style="color: blue;">+72.59%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+110.97%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: blue;"><b>+1.77%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/1/2024 = 3153.01</th><th>29/2/2024 = 3141.85<span> </span></th><th>Change = <span style="color: red;">-0.35%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. No Activity</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.335</td><td style="color: blue;">+269.06%</td><td style="color: blue;">+126.86%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.58</td><td style="color: blue;">--</td><td style="color: blue;">HK 153 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.26</td><td style="color: red;">-57.60%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+125.47%</td><td style="color: blue;">+69.01%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+37.20%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+26.81%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+109.27%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-3.43%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/1/2024 = 3153.01 </th><th> 29/2/2024 = 3141.85</th><th>Change = <span style="color: red;">-0.35%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investment</span> </p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-45311329748277494622024-02-13T01:05:00.005+08:002024-02-13T12:14:09.520+08:00Journey To Retirement Part 22.1 -- CryptoCurrency<p>The CryptoCurrency section was added to the Investment Portfolio in 2022 and this is the first time a profit was taken.</p><p>The price of one of the token which have started to accumulate since 2022 (first accumulated was 21st Feb 2022) has appreciated from then less than USD $0.50 to as of now USD $2.49. In fact, the price has dipped to an all time low in 2023 of USD $0.04655 to an all time high of USD $2.98 in January 2024. It is pretty obvious, some profit must be taken given the volatility of cryptocurrency. As such, <span style="color: #2b00fe;">16.37% of that token has been divested in February 2024</span> and that net in a <span style="color: #800180;">profit of 2.38% of the capital of the Income section of the Investment Portfolio</span>. Since there isn't any capital injected into the CryptoCurrency section, the capital injected for the Income section is used as a reference for the performance.</p><p>This divestment resulted in the Total Realized of the Investment increased from +17.20% to +18.76%. </p><p>One thing good about investing in cryptocurrency for my case is in this moment I can make some divestment of certain token, the next moment I can re-accumulate that divested quantity and the whole process does not involve any capital injection.</p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgTke26Td32LaXCf3EH_fBWl3LeaSRsmYXPSIJcoCSZIAO4JKeulTy9q4vQ2J-ZtiyUuOfqDpYJNxw_dlzPCz8UxvAPhz4HpVb9j7g_IeblJ8S4pFwuA79IlQHMx4N7bNKOZVwXgVHikZpNz6ho8EMX1leZgTTJ_cHUsD4uzauE812u2M_SBCH0gaiB7p8/s200/alephium.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="200" data-original-width="200" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgTke26Td32LaXCf3EH_fBWl3LeaSRsmYXPSIJcoCSZIAO4JKeulTy9q4vQ2J-ZtiyUuOfqDpYJNxw_dlzPCz8UxvAPhz4HpVb9j7g_IeblJ8S4pFwuA79IlQHMx4N7bNKOZVwXgVHikZpNz6ho8EMX1leZgTTJ_cHUsD4uzauE812u2M_SBCH0gaiB7p8/w200-h200/alephium.png" width="200" /></a></div><br /><p><br /></p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-13997144545642827562024-01-31T17:27:00.005+08:002024-02-01T17:34:51.299+08:00Portfolio -- Jan 2024<p> </p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on">1. No Activity</div></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$2.01<span> </span></td><td style="color: blue;">+71.72%</td><td style="color: blue;">+126.16%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.45</td><td style="color: blue;">+169.08%</td><td style="color: blue;">+100.39%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$1.69</td><td style="color: blue;">+62.76%</td><td style="color: blue;">+62.76%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.30</td><td style="color: blue;">+35.07%</td><td style="color: blue;">+42.67%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.63</td><td style="color: blue;">63.0 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+87.51%</td><td style="color: blue;">+78.06%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.43</td><td style="color: blue;">43.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.144</td><td style="color: blue;">14.40 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.225</td><td style="color: blue;">+23.93%</td><td style="color: blue;">+15.46%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+7.49% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.99%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+19.88%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+28.59%</span><span style="color: blue;">, +0.00%</span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+19.88% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.76%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+17.20%</td><td style="color: blue;">+71.91%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+109.04%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-1.23%</b></td><td><br /></td></tr><tr><th>STI</th><th>29/12/2023 = 3240.27</th><th>31/1/2024 = 3153.01<span> </span></th><th>Change = <span style="color: red;">-2.69%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. No Activity</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.355</td><td style="color: blue;">+291.23%</td><td style="color: blue;">+126.86%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.61</td><td style="color: blue;">--</td><td style="color: blue;">HK 153 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.33</td><td style="color: red;">-55.21%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+138.55%</td><td style="color: blue;">+69.01%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+41.08%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+26.81%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+113.15%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-0.77%</b></td><td><br /></td></tr><tr><th>STI</th><th>29/12/2023 = 3240.27 </th><th> 31/1/2024 = 3153.01</th><th>Change = <span style="color: red;">-2.69%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investment</span> </p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-30806204857143910022024-01-16T20:46:00.006+08:002024-01-17T17:23:16.657+08:00Strategic Investor 2023 Review<p>FTSE STI ended the year 2023 at 3,240.27 compared to 3,251.32 a year ago, down 11.05 points or 0.34%. Pretty much a flat performance for the year. If not for a late upsurge in December, the loss would have been bigger. Individually, a review of the various stock portfolio in holding as followed.</p><p><br /></p><p><u><b>Investment Portfolio</b></u></p><p><br /></p><center><table border="1" style="background-color: #fefdfa; color: #333333; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 14px; line-height: 18.2px;"><tbody><tr><th></th><th>2023</th><th>2022</th><th>Variant</th></tr><tr><td>Non-Strategic (Income) Unrealized Gain/Loss </td><td> +99.17% </td><td> +82.49% </td><td><span style="color: red;"> </span><span style="color: #2b00fe;">+20.22%</span></td></tr><tr><td>Strategic Unrealized Gain/Loss </td><td> +7.94% </td><td> +9.75% </td><td style="color: red;"> -18.56%</td></tr><tr><td>Crypto Unrealized Gain/Loss </td><td> +16.06% </td><td> +2.84% </td><td style="color: blue;"> +465.49%</td></tr><tr><td>Portfolio Unrealized Gain/Loss </td><td> +20.11% </td><td> +15.53% </td><td><span style="color: blue;"> +29.49%</span></td></tr><tr><td>Realized Gain/Loss</td><td> +18.37%</td><td> +18.37%</td><td><span style="color: blue;"> </span><span style="color: blue;"> 0%</span></td></tr><tr><td>Dividend Return</td><td> +71.91%</td><td> +70.16%</td><td style="color: blue;"> +2.49%</td></tr><tr><td>Cash Holding</td><td> +83.37%</td><td> +83.37%</td><td style="color: blue;"> 0% </td></tr><tr><td>Portfolio</td><td> +110.39%</td><td> +104.05%</td><td style="color: blue;"> +6.09% </td></tr><tr><td>STI</td><td> 3240.27</td><td> 3251.32</td><td><span style="color: red;"> -0.34%</span></td></tr></tbody></table></center><br /><center><span style="color: red;"></span><table border="1" style="background-color: #fefdfa; color: #333333; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 14px; line-height: 18.2px;"><tbody><tr><th> </th><th>Annualized (w/o dividend) </th><th>Annualized (with dividend) </th></tr><tr><td>CapitaMall Trust</td><td>+4.12%</td><td>+8.22%</td></tr><tr><td>MapletreeInd Trust </td><td>+8.11%</td><td>+10.73%</td></tr><tr><td>Kep DC Reit</td><td>+7.73%</td><td>+11.11%</td></tr><tr><td>Frasers Cpt Trust</td><td>+4.13%</td><td>+8.36%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>--</td></tr></tbody></table></center><div><br /></div><div><br /></div><div><span style="color: #2b00fe;">Investment Portfolio performance gain 6.09% for the year</span>. Despite the positive performance of the portfolio with most of the category returning positive, there was a dip in the <span style="color: red;">Strategic Unrealized section registering a decline of 18.56%</span>. The reason was due to the underperforming of InnoTek and Fu Yu. Overall, the portfolio performance was boosted and holding up by the <span style="color: #2b00fe;">Crypto investment registering a gain of 465.49% for the year</span>. This eventually led to the 6.09% of the Investment Portfolio compared to a dip of 0.34% for FTSE STI.</div><div><br /></div><div><br /></div><div><br /></div><div><u><b>Stock Incubator</b></u></div><div><br /></div><div><br /></div><div><br /></div><center><table border="1" style="background-color: #fefdfa; color: #333333; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 14px; line-height: 18.2px;"><tbody><tr><th><br /></th><th>2023</th><th>2022</th><th>Variant</th></tr><tr><td>Unrealized Gain/Loss </td><td> +41.96% </td><td> +64.78% </td><td><span style="color: red;"> -38.09%</span><span style="color: red;"> </span></td></tr><tr><td>Realized Gain/Loss</td><td> +45.26%</td><td> +32.29%</td><td style="color: blue;"> +40.17% </td></tr><tr><td>Dividend Return</td><td> +26.81%</td><td> +22.74%</td><td style="color: blue;"> +17.90% </td></tr><tr><td>Cash Holding</td><td> +70.35%</td><td> +65.39%</td><td style="color: blue;"> +7.59% </td></tr><tr><td>Portfolio</td><td> +114.03%</td><td> +119.82% </td><td><span style="color: red;"> -4.83%</span><span style="color: red;"> </span></td></tr><tr><td>STI</td><td> 3240.27</td><td> 3251.32</td><td><span style="color: red;"> -0.34%</span></td></tr></tbody></table></center><div><br /></div><div><br /></div><span><center style="color: #2b00fe;"><span style="color: red;"></span><table border="1" style="background-color: #fefdfa; color: #333333; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 14px; line-height: 18.2px;"><tbody><tr><th> </th><th>Annualized (w/o dividend) </th><th>Annualized (with dividend) </th></tr><tr><td>Nordic</td><td>+16.55% </td><td>+20.20% </td></tr><tr><td>Valuetronics </td><td> --</td><td> --</td></tr><tr><td>Creative</td><td><span style="color: red;">-13.58% </span></td><td> --</td></tr></tbody></table></center><div style="color: #2b00fe;"><br /></div><div><br /></div><div>Stock Incubator portfolio registered a decline of 4.83%. The negative performance was not actually due to poor performance of the 3 stocks in the portfolio but rather a re-adjustment for Nordic Group (refer <a href="https://patiencemarketzone.blogspot.com/2023/05/nordic-group-part-15-another-objective.html" target="_blank">here</a>). Due to the re-adjustment, Nordic Group closing price for 2023 was $0.36 vs $0.4242 in 2022. On the other hand, Valuetronics was $0.595 vs $0.52 and Creative was $1.43 vs $1.42.</div></span><div><br /></div><div><br /></div><div><b><u>Looking Ahead</u></b></div><div><br /></div><div>Global economy continues to be uncertain for 2024 and this should be the case for stock markets. For the Investment Portfolio, the wild card should be the Crypto investment. This is even more unpredictable than stocks in general. It could record further gain thus pushing up the performance of the portfolio, it could spring a surprise drop either. The Income section of the Investment Portfolio shall continue to collect dividend and maintaining a steady growth. For the Strategic section, will be looking out for opportunity to increase holding. As for the Stock Incubator Portfolio, capital recovery shall be continued for Creative Technology.</div><div><br /></div><div>Though inflation has shown signs of cooling down, it is still at elevated level with interest rate maintaining at elevated level too. Many might be looking toward rate cut this year, this is not the main focus point. The problem still remain at how fast inflation can be bring down. Prolong period of elevated inflation and interest rate could eventually lead to stagflation. Stagflation is a thorny crisis. There isn't any quick fix for it. To make matter worse, whatever policies dish out to counter that are nothing but trial and error type. <span style="color: red;">Stagflation can last for decades !!!</span></div><div> </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhwdBrEwscixTA5-dpT4BeRUk1YJXT2I-LTaDbMkEcNWBe1fM_TrfIA45e1kehAjFcG1k_mFvUgdNErF31gu3izWkE3w924HVBu-HDP4ZQxV1jH81HFlyJnEYb9fg3pbyAdTJ00p3rhgWUKjEsPxV7Aus4ghyphenhyphens6RuTj3e9otu_6uNShnmoL8R_8Ep7AsEA/s12000/crypto.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="4000" data-original-width="12000" height="134" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhwdBrEwscixTA5-dpT4BeRUk1YJXT2I-LTaDbMkEcNWBe1fM_TrfIA45e1kehAjFcG1k_mFvUgdNErF31gu3izWkE3w924HVBu-HDP4ZQxV1jH81HFlyJnEYb9fg3pbyAdTJ00p3rhgWUKjEsPxV7Aus4ghyphenhyphens6RuTj3e9otu_6uNShnmoL8R_8Ep7AsEA/w400-h134/crypto.jpg" width="400" /></a></div><br /><div><br /></div>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-88996463575799518202024-01-02T08:18:00.014+08:002024-02-29T17:35:14.514+08:00Corporate Result -- Jan/Feb 2024<p>1. Frasers Cpt Trust -- 22nd Jan 2024</p><p>2. Mapletreelog Trust -- 24th Jan 2024</p><p>3. MapletreeInd Trust -- 25th Jan 2024 </p><p>4. Kep DC Reit -- 26th Jan 2024</p><p>5. MPACT -- 29th Jan 2024</p><p>6. FLCT -- 30th Jan 2024 (Business Update)</p><p>7. Kep Reit -- 30th Jan 2024</p><p>8. Kep Infra Trust -- 31st Jan 2024</p><p>9. Lendlease Reit -- 1st Feb 2024</p><p>10. SGX -- 1st Feb 2024</p><p>11. Parkway Life -- 1st Feb 2024</p><p>12. Kep Ltd -- 1st Feb 2024</p><p>13. CICT -- 6th Feb 2024</p><p>14. DBS -- 7th Feb 2024</p><p>15. Creative -- 7th Feb 2024</p><p>16. Starhub -- 8th Feb 2024</p><p>17. SIA -- 20th Feb 2024 (Business Update)</p><p>18. Genting Singapore -- 22nd Feb 2024</p><p>19. UOB -- 22nd Feb 2024</p><p>20. UOL -- 27th Feb 2024</p><p>21. OCBC -- 28th Feb 2024</p><p>22. ST Engg -- 29th Feb 2024</p><p>23. Nordic Group -- 29th Feb 2024</p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-57914751688381491532023-12-29T17:55:00.006+08:002024-02-01T17:35:00.085+08:00Portfolio -- Dec 2023<p> </p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on">1. No Activity</div></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$2.06</td><td style="color: blue;">+76.03%</td><td style="color: blue;">+126.16%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.51</td><td style="color: blue;">+175.69%</td><td style="color: blue;">+100.39%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$1.95</td><td style="color: blue;">+95.42%</td><td style="color: blue;">+62.76%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.26</td><td style="color: blue;">+32.71%</td><td style="color: blue;">+42.67%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.645</td><td style="color: blue;">64.5 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+99.17%</td><td style="color: blue;">+78.06%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.44</td><td style="color: blue;">44.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.157</td><td style="color: blue;">15.70 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.31</td><td style="color: blue;">+27.50%</td><td style="color: blue;">+15.46%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+7.94% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.99%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+16.06%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+68.58%</span><span style="color: blue;">, +0.00%</span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+16.06% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+20.11%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+17.20%</td><td style="color: blue;">+71.91%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+110.39%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: blue;"><b>+3.34%</b></td><td><br /></td></tr><tr><th>STI</th><th>30/11/2023 = 3072.99</th><th>29/12/2023 = 3240.27<span> </span></th><th>Change = <span style="color: blue;">+5.44%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. Received Valuetronics dividend of HKD 8 cents/share</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.36</td><td style="color: blue;">+296.77%</td><td style="color: blue;">+126.86%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.595</td><td style="color: blue;">--</td><td style="color: blue;">HK 153 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.43</td><td style="color: red;">-51.80%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+156.69%</td><td style="color: blue;">+69.01%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+41.96%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+26.81%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+114.03%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-3.51%</b></td><td><br /></td></tr><tr><th>STI</th><th>30/11/2023 = 3072.99 </th><th> 29/12/2023 = 3240.27</th><th>Change = <span style="color: blue;">+5.44%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investment</span> </p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-71124935046266546322023-12-27T21:19:00.005+08:002023-12-27T21:19:43.454+08:00STI Analysis -- the next peak and trough ? (122)<p>Continued from <a href="https://patiencemarketzone.blogspot.com/2023/10/sti-analysis-next-peak-and-trough-121.html" target="_blank">STI Analysis -- the next peak and trough ? (121)</a></p><p><br /></p><p>FTSE STI closed 3,170.76 on 27th Dec 2023</p><p><br /></p><p><u><span style="color: #800180;">Magenta -- STI Positive</span></u></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-YfhYeS2rG0vUL9bZsfXvTQJtoEsE27iONybEvvCwn1FxyzEVvK981mIp4vxGtP9_eiZOXCvzcap_ysG_23BSbOlvUQs5SbJ5m3kX8-68qjKEYpuv_EUdlsFNhpVSrWlHbNWH9A6LuqpYYlMZ0KBjzNYL7M2nkeIepw6uPpRRkAfotD31aa_-qdgwvEM/s1672/sti-positive-27122023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="873" data-original-width="1672" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-YfhYeS2rG0vUL9bZsfXvTQJtoEsE27iONybEvvCwn1FxyzEVvK981mIp4vxGtP9_eiZOXCvzcap_ysG_23BSbOlvUQs5SbJ5m3kX8-68qjKEYpuv_EUdlsFNhpVSrWlHbNWH9A6LuqpYYlMZ0KBjzNYL7M2nkeIepw6uPpRRkAfotD31aa_-qdgwvEM/w400-h209/sti-positive-27122023.jpg" width="400" /></a></div><br /><p>STI experienced an upturn since early December 2023. However, don't get too carried away as this pretty much the anti direction of the Intermediate wave ((c)) of Primary wave 2 in the STI positive scenario. The year end window dressing and probably the Capricorn effect might continue to drive STI up in the next few weeks.</p><p><br /></p><p><u><span style="color: #38761d;">Green -- STI Negative</span></u></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjYGC1xrZUykXCNdRNL28ggaTGjvkcWavffZbyRyMgrqx5xy0718dVgEBO1Jgcy0IHQ30h6jexfP2mM7nzgTElPrQiI0OeQ2eLhgaZNbw8pfqkXh4Eob4UBooSTwh8KouXc_W2eJXUxvJvyxzl_vXbb0Ughsc-76KGrd3LZQvtDaULEJXJ5EIr9y3DQhZw/s1674/sti-negative-27122023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="871" data-original-width="1674" height="208" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjYGC1xrZUykXCNdRNL28ggaTGjvkcWavffZbyRyMgrqx5xy0718dVgEBO1Jgcy0IHQ30h6jexfP2mM7nzgTElPrQiI0OeQ2eLhgaZNbw8pfqkXh4Eob4UBooSTwh8KouXc_W2eJXUxvJvyxzl_vXbb0Ughsc-76KGrd3LZQvtDaULEJXJ5EIr9y3DQhZw/w400-h208/sti-negative-27122023.jpg" width="400" /></a></div><br /><p>There isn't much change for the STI Negative scenario, STI still in Intermediate wave ((c)) of Primary wave A or Cycle wave (C) of SuperCycle wave ((C)). While for the STI Positive scenario, the downside might be pretty much limited and shorter duration to reach, this is not the case for the STI Negative scenario. There is much more downside to go and a much longer time frame for it to achieve.</p><p><br /></p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguHjmmjQIzXwo0sa6PPMYdstJ2PntiGepcxvvSoVqtMd9JxLqKT9P41w_UHBvaGC_4rbmjp18xTa1e8nU2uCXy16Ofcg3n36WYIXAZlPmW2prYC0EYAV-3UXpqNshBnsM92TCk0U6ld-qLwybKaJCg45LjGj6mxUJmGnlrkQXQDDkOpkVYYI2lbbNIg8E/s2220/sti-27122023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1312" data-original-width="2220" height="236" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguHjmmjQIzXwo0sa6PPMYdstJ2PntiGepcxvvSoVqtMd9JxLqKT9P41w_UHBvaGC_4rbmjp18xTa1e8nU2uCXy16Ofcg3n36WYIXAZlPmW2prYC0EYAV-3UXpqNshBnsM92TCk0U6ld-qLwybKaJCg45LjGj6mxUJmGnlrkQXQDDkOpkVYYI2lbbNIg8E/w400-h236/sti-27122023.jpg" width="400" /></a></div><br />The above is the larger picture of both the STI Positive and Negative scenario for the past 10 years. <p></p><p><br /></p><p><u><span style="color: #2b00fe;">Food For Thoughts</span></u></p><p>Global inflation is tapering and there are already talk of Central Bankers starting to cut rate next year. This in general is a positive news to global stock market. However, thing is not so straight forward and as easy as ABC. Inflation still have to monitor carefully and not putting the foot off the pedal. Inflation still at elevated level despite the taming for the past months. A little over complacent will jolly well see inflation rebound and stay at the stubborn elevated level. Have to remember, prolong period of elevated inflation with elevated interest rate will do no good for the economy in the long run and is a time bomb to enter stagflation.</p><p><br /></p><p> <u><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" target="_blank">Tiger Brokers Singapore Invitation Code</a></u></p><div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="164" data-original-width="164" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv-aOEL3HBpzodai6LLecjpdJdQoBgDwuqYGu7EwQp-qpDpwtXdANIJgzdnLEumehMk_XhOpW81iQF7hlximzkjtfYGfZrvXMT35s0933sgFuAXupCDby4b-GHjL_C0tBqXIHXdcPkA28/s0/tigerbroker.png" /></a></div></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both;"><p><u><b>Singapore Covid-19</b></u></p><p><b style="color: #800180; font-size: large;">柏杨写了一本丑陋的中国人,Covid-19却写了一篇丑陋的新加坡人</b></p><p><u><b><br /></b></u></p><div><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><u>打油诗</u></b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><br /></b></span><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>主将无能垮三军</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左士缺策只砸钱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右士辱人自被辱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左象无计只会泣</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右象理人理出祸</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左马略识色不分</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右马讲据终慢拍</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>小卒仗权乱闹事</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>大敌当前夸本领</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>火烧眉头方才悟</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>城门紧闭称闭窗</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>高傲自大多借口</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>知错不认真懦夫</b></span></div><p><br /></p><div><span style="font-size: medium;"><b><span style="color: #800180;">主动是它的名字<br /></span></b><b><span style="color: #800180;">领导者最佳战友<br /></span></b><b><span style="color: #800180;">为何小红点缺乏<br /></span></b><b><span style="color: #800180;">是否无勇气拥有<br /></span></b><b><span style="color: #800180;">是否缺远见拥有<br /></span></b><b><span style="color: #800180;">是否不知怎拥有</span></b></span></div><div><b style="font-size: large;"><span style="color: #800180;">还是不想去拥有</span></b> </div></div><p><br /></p><p><br /></p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-79329745993123607592023-12-10T22:35:00.001+08:002023-12-15T08:49:40.554+08:00Year 2023, 30 Years In Stock Market<p>Year 2023 would be ending soon. Year to date so far nothing drastic has happened to global stock markets and probably the next 3 weeks would be the same. However, year 2023 spells a significant milestone for me in stock market. This year marks the 30th year that I have been invested in Singapore stock market. While the past 3 decades wasn't a very eventful periods but did encounter the ups and downs of the stock market. Of course not to mention the mistakes that were made and the precious lessons that were learnt throughout.</p><p><br /></p><p><u><b>The Early Year (1993)</b></u></p><p>Singapore stock market in 1993 was a total difference as of now. There wasn't online trading, every transaction has to call up broker or remisier to place the order. Commission then was 1% per transaction, contra period was 7 days and only aged 21 and above was allowed to open CDP account to trade or invest in stock. Payment of share has to be settled in either bank cheque or ATM transfer as there wasn't any online banking then. IPO adopted a dual system in which apart from the normal application, investors were allowed to bid for it at the same time. </p><p>After opening a CDP account in 1993 and with limited capital since still an undergraduate then, the only mean to get into stock market was applied for IPO. After numerous unsuccessful attempts, SingTel IPO was the first successful and needless to say SingTel was my first stock holding. Due to popular demand, every normal application of SingTel share were allocated a small portion of it. I also managed to successfully bid for the IPO. The bidding price if remembered correctly was $2.10 compared to IPO price of $1.90. Then IPO was like a sure bet as price highly likely surged on the first day of trading. Managed to sell the bid portion and got myself a decent profit for it. The normal application portion decided to hold for long term to collect dividend annually. After SingTel, again met with several failed IPO applications and finally managed to get the second one through bidding. The stock was Pan United and the bidding price was $1.80. Every good thing must come to an end, of course the bull run then eventually stop and very unfortunately, was caught at the wrong end with the Pan United IPO. As a novice then, probably didn't know of risk management so just held onto Pan United share to collect annual dividend despite the paper loss. </p><p><br /></p><p><b><u>The Passive Year (1994 - 2006)</u></b></p><p>With the bull run came to an end, decided to take a back seat and refocus back to my varsity education. For the 1997 Asian Financial Crisis, I was lucky enough to not taking big hit from the stock market as was in the early part of the working life so focus was more on career than any other things. The only stocks I have then were SingTel and Pan United. Paper loss was there (which stocks not in paper loss from 1997 AFC ?) but with annual dividend to collect so just practically shelved them aside to concentrate on my career. That was the same for the stock market crash in 2003 due to SARS. Well, the cons was missed the golden opportunity to buy some cheap blue chips. So, that the first mistake and lesson learned from stock market. </p><p>For that period onwards till 2006, I would consider myself a passive investor by just holding onto those 2 stocks and collect annual dividend. Somewhere down the road, probably Lady Luck shone on me as firstly, managed to get some discounted SingTel share in my CPF account (not the CPFIS account, some special scheme which can't remember the exact name though) and some Pan Marine share from Pan United when it span of that unit. Of course years later Pan Marine was privatized and delisted from Singapore Stock Exchange.</p><p><br /></p><p><u><b>The Aggressive Year (2006 - 2014)</b></u></p><p>2006 was the year decided to return to stock market or rather came out of hibernation. This was mainly other aspect of life has pretty much stabilize and refocus to gaining some financial for future retirement. Then stock market was in a bull run so the attractiveness was there. With a little more knowledge on stock market and the introduction of online trading (very much lower commission than in 1993 and not to mention DIY), I started actively doing stock trading (contra to be exact) on top of investing. Since it was a bull run, chances of gaining from stock trading was very highly and every Technical Analysis you've learned and applied to it all seem so accurate. Apart from that also decided to build a portfolio of stocks for long term investing. </p><p>Firstly, talked about building up portfolio for long term investing. Pan United was sold at a loss (dividend collected so far and profit from Pan Marine wasn't enough to offset), that the first realized loss in my stock investing after holding for 13 years. Robinson, Genting, MMI, ChinaESave, Cambridge Industrial Trust and First Reit were bought between 2006 to 2007. SingTel was sold off in 2007 after holding for 14 years (both the CDP and CPF holding) netting myself the first realized profit in investing. Along the way, Robinson and MMI were both privatized and delisted so getting myself another investing profit. Genting was bought before being announced winner of Singapore 2nd IR (just confident they will win). Both Cambridge Industrial Trust and First Reit were bought purely on Reit play, collect high dividend yield annually and hoping somewhere down the road the amount of dividend collected is able to recover the whole of capital being put in. ChinaESave was purely a bet on the future about reading about those sexy stories painted by analysts. When the US sub-prime crisis kicked-in in 2007 leading to global financial crisis, this time really took hit. ChinaESave was cut loss while Genting, Cambridge Industrial Trust and First Reit continued to hold on. ChinaESave was my 2nd realized loss in investing. That the 2nd mistake and lesson learned, never ever trust analysts and till today, this notion remain the same. However, lesson learned from 1997 and 2003 market crash has taught me to grab the opportunity to bargain hunt in the 2007 Global Finance Crisis. To continue to build up my 2nd Investing Portfolio, I began to buy SingPost (2008), CapitaMall Trust (2009), SIA (2009), Kep Corp (2010), Sem Marine (2010), MapletreeInd Trust (2010), CapMallsAsia Bond (2012) and Kep DC Reit (2014). Together with Kep Reit which was given as an entitlement from Kep Corp in 2013, that form the 2nd Investing Portfolio. </p><p>It was also these periods that I started investing with CPFIS and SRS. For CPFIS, there was STI ETF (2008) and First Reit (2009). In SRS was mostly short term investing.</p><p>During these periods also started to gain more knowledge by reading up on Value/Fundamental Investing and started an Incubator Portfolio. As the name incubator suggested, it is looking at those mostly neglected stock with good fundamental and invest during cheap for the future. The first stock in that portfolio was Nordic (2014).</p><p>Next, talked about trading. Before 2007 market crash, stock trading was like out of 10 times, 9 times you would gain. Even the one time you cut loss, the next trading gain will recover back that loss. As the saying good thing never last, stock trading was taken a badly hit when stock market crashed in 2007 and practically unable to make any gain in 2008. However, when global stock markets hit the bottom in March 2009 and recovered, stock trading was back with a vengeance. I took this opportunity and actively traded from 2009 till 2014 to not only fully recover whatever was loss during the 2007 - 2008 period but also build up capital to inject into the Investing Portfolio. During these periods, contra trading to me was like daily ATM money withdrawal, everyday can profit from it. Record like more than 20 consecutive contra without a single loss and contra for whole month without loss were achieved. </p><p>Basically for these Aggressive Years, was playing a dual role of both a stock trader and a value/fundamental investor. Wouldn't termed it as hybrid investor as whatever stocks being traded in were not in the investing frame and vice versa.</p><p><br /></p><p><b><u>The Transitional Year (2015 - 2019)</u></b></p><p>2015 started the transitional years that lasted till 2019. Trading conditions have started to deteriorate from 2013 due to adopting smaller bid size (risk reward no long attracting) and stock market undergone periods of uncertainty from global events (US Fed QE, Euro crisis dragging on, China bubble burst, Oil crisis, US-China trade war, etc). There were some changes in the Investing Portfolio. Sem Mar was divested in 2015, Cambridge Industrial Trust was divested in 2015, STI ETF from CPFIS in 2015 and CapMallsAsia Bond was redeemed in 2017. The divestment of Sem Mar or rather cutting loss (but overall still net profit with inclusion of dividend collected) has triggered a reaction to think out of the box in investing for me. Putting aside the traditional of using Technical Analysis and Fundamental, I started to try out using Sun Tzu Art of War in investing. Well, we probably heard of success stories of people using Sun Tzu Art of War in politics and business but never heard of using in stock investing. Then I do not think it was impossible, just need to understand the underlying and essence of Sun Tzu Art of War and how to translate to stock investing. It was never a straight forward thing for sure as for every principles (13 of them) I have to figure out how it could be translated to stock investing. At the same time, I have to experiment those translated concepts with real investing to determine the feasibility. It took me a few years to realize some basic essence of Sun Tzu Art of War, the 13 principles form a system for stock investing. Said system is able to self defense and attack at the same time. Coupled with Warren Buffett's advice of not losing investing capital, this translated to defense in protecting capital and attack as in capital gain (<i><span style="color: #800180;">凡战者,以正合,以奇胜</span></i>). This was when I started using CPFIS and SRS account to experiment with the concept. That was further extended to CDP holding later. The principle is simple, I would accumulate stocks with either very little or no capital injected. Exactly how that was done afraid is confidential. As such, should anything happen like market crash, fundamental of the company worsen and etc, I won't suffer heavy capital loss. The initial experiment was using Reits. This is because Reits unlike other stocks do not suffer from great volatility frequently and the high dividend yield is an additional gain on top of capital gain. FrasersCom Trust was experimented with both CPFIS and SRS. After few months, the feasibility of the the concept was positive and this led to further extended to CDP holding with Cambridge Industrial Trust (reinvested), Kep Reit (shifted from Investing Portfolio), FrasersCom Trust, MapletreeCom Trust, Mapletreelog Trust and CapitaR China Trust. Feeling too much holding, Cambridge Industrial Trust was fully divested in 2016. Since it was of little or no capital being injected, Cambridge Industrial Trust didn't suffer any capital loss.</p><p>While focusing on experimenting the Sun Tzu Art of War system, I still manage to keep a lookout of bargain hunting opportunity for the Investing Portfolio. The 2016 market crash due to China economic growth concern helped me to pick up Frasers Cpt Trust. The Incubator Portfolio wasn't neglect too, Valuetronics was added to it in 2017 at $0 cost and Creative Technology in 2018. There was also some changes made to Nordic. A partial divestment was carried out in 2017 when the prices rose to a point that gain of the partial divestment was able to offset the whole of the capital being injected in 2014. As such, Nordic has reached the objective of being mathematically impossible to lose money in just 3 years of investing. There was also a significant milestone being achieved for First Reit. In 2017 after 10 years of investing, the amount of dividend collected was 100% of the capital being injected. Thus, it has also became mathematically impossible to lose money.</p><p>The Sun Tzu Art of War system of stock investing is not just about self defense and attack at the same time, it is also about ability to analyze the future and make preparation for it. This is the part where Technical Analysis comes in. Looking at all the TA tools, the one that found suitable was none other than Elliott Wave Analysis. It has a steep learning curve but once got the concept right, it is pretty deadly accurate especially looking at long term. To assist me in Elliott Wave analysis, I even developed an app for it and the STI Analysis which I have started in 2016 (still continue as of now) was using Elliott Wave to analyze.</p><p>From the Elliott Wave analysis, in 2019 sensing STI would be going into big correction next, decided to divest all of the experiment stocks from CPFIS, SRS and CDP holding. That divestment netted me a profit return of +105.70% for CPFIS, +106.48% for SRS and +639.12% for CDP (27.34% with respect to total capital for the Investing Portfolio, refer <a href="https://patiencemarketzone.blogspot.com/2019/12/investment-portfolio-strategic.html" target="_blank">here</a>) for just purely investing in a 4 years duration. These outcome more or less concluded the feasibility of the Sun Tzu Art of War system. </p><p>The Sun Tzu Art of War experiment has taught me another precious lesson though not a single mistake was made. If sensing something wasn't right and didn't think out of the box to make changes, just like the political party who always pride themselves in white only know one direction, sooner or later will fall off the cliff. The Sun Tzu Art of War experiment that I carried out with CPFIS suggested to me that the present CPF retirement scheme which many believe is one of the best in the world can be better if you willing to put hard work for it. The Sun Tzu Art of War system which used on CPF monies will overperform over purely letting the money sitting there to collect the higher than bank interest.</p><p>During the transitional year, I see myself transforming from a traditional trader and traditional investor into a strategic investor.</p><p><br /></p><p><b><u>The New Phase (2020 -- )</u></b></p><p>2020 was the year in human history that nobody can forget, the Covid-19 pandemic which many infectious specialists all gotten their analysis of the virus wrong in the early phase. Remembered the "Health No Wear Mask" advice ? Like SARS in 2003, global stock markets were not spared from Covid-19 when the whole world went into lock-down mode. Well, my 2019 Elliott Wave analysis that stock market will undergo a big correction next didn't prove wrong. Not that I have a crystal ball to see Covid-19 coming, just that when it is about to have a big stock market correction, somehow something will trigger it. Thus, the full divestment of the Sun Tzu Art of War part was a shrewd move. Whenever there is crisis, there will be opportunity. I took the opportunity of market crash to restart the Sun Tzu Art of War part (which I termed it as Strategic section in the Investing Portfolio) for CPFIS, SRS and CDP holding and this time wasn't an experiment. CapitaR China Trust, Lendlease Reit and STI ETF was added to the CDP holding in 2020. Except for STI ETF which small amount of capital was injected, the other 2 were at $0 cost. For CPFIS, MapletreeCom Trust was added and Mapletreelog Trust was for SRS. In 2021 adjustment was made to swap all of CapitaR China Trust to Lendlease Reit and added both InnoTek and Fu Yu to the CDP holding all at $0 cost. </p><p>At the same time, First Reit was fully divested when its fundamental has gone from bad to worse. While the selling price was below holding price, didn't make any net loss as the dividend collected already way way exceeded the total capital being put in. SingPost was next to be fully divested in 2021 and again the dividend collected managed to offset the capital loss to conclude a net positive return. These 2 divestment taught me another precious lesson. Though the dividend of the 2 divestment managed to offset capital loss to give a net profit, this method of investing cannot sustain. Sooner or later, will be hit with dividend collected unable to offset capital loss. This was when I started to think of rebuild and restructure the 3rd Investing Portfolio. For the whole of year 2022 divestment of stocks that didn't fit into my 3rd Investing Portfolio was carried out. SIA, Kep Corp and Genting were divested. Except for Genting, both SIA and Kep Corp suffered capital loss but the dividend managed to offset to give a net profit gain.</p><p>What I have in mind for the 3rd Investing Portfolio is to build on the Sun Tzu Art of War system. </p><p></p><ul style="text-align: left;"><li>An Income section to house all the Reits to collect dividend, the dividend is the self defense part (正兵) of the Sun Tzu Art of War system. As such, Lendlease Reit was shifted from the Strategic part to the Income section. In actual fact, CapitaMall Trust and MapletreeInd Trust have achieved the mathematically impossible to lose money status in 2020 as dividend collected all those years exceeded the capital injected. As of now, CapitaMall Trust (CICT), MapletreeInd Trust, Kep DC Reit, Frasers Cpt Trust and Lendlease Reit compromise the Income section. </li><li>A Strategic section (STI ETF, InnoTek and Fu Yu) is the attack part of the system whereby little or no capital is being put in, the so-called 奇兵. </li><li>Also added Cryptocurrency in the Blockchain section. Frankly speaking, sooner or later cryptocurrency will be forming an essential part of any investing portfolio in the future. However, the risk is still relatively high at the moment mainly due regulatory. As such a $0 cost policy was adopted. This is another part of the 奇兵 in the Sun Tzu Art of War system</li></ul><p></p><p>Not only in investing moving into new phase, stock trading too. Stock trading nowadays is more of strategic oriented rather than the old aggressive style. While might not be making more profit than in the past, still able to create a little side income and keep myself active in the stock market.</p><p><br /></p><p><b><span style="color: #800180;">关羽过五关斩六将寻刘备,吾三十载历五阶段. </span></b></p><p>That practically sum up my 30 years in stock market so far, made 2 investing realized loss, not afraid to admit mistakes instead of giving excuses for it and most important of all not just learn the lessons but put that in action.</p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhLiyZUuYFr8LOjOMhxwfg4c8rQ9JGoXwgNr4pIVLv-TG7neALqt9VwxWBiE4xx-3dYiy6ecxAOXxb_Tn1s4CeMFIC3m_WGJ5A8-A4ncXk62P-FKvInQvwW6LjylPSo0c8OllNMp2WqB2JuooHxtMR7K-NbzxVZLPUl4DEq23ua_icv-VBoR_7G__fEpLQ/s6000/DSC02868.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="4000" data-original-width="6000" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhLiyZUuYFr8LOjOMhxwfg4c8rQ9JGoXwgNr4pIVLv-TG7neALqt9VwxWBiE4xx-3dYiy6ecxAOXxb_Tn1s4CeMFIC3m_WGJ5A8-A4ncXk62P-FKvInQvwW6LjylPSo0c8OllNMp2WqB2JuooHxtMR7K-NbzxVZLPUl4DEq23ua_icv-VBoR_7G__fEpLQ/w400-h266/DSC02868.jpg" width="400" /></a></div><br /><p><br /></p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-30388221743767966912023-11-30T17:34:00.001+08:002024-02-01T17:35:09.835+08:00Portfolio -- Nov 2023<p><br /></p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on">1. Received MapletreeInd Trust dividend of 3.32 cents/unit</div><div dir="ltr" trbidi="on">2. Received Frasers Cpt Trust dividend of 6.02 cents/unit</div></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$1.82</td><td style="color: blue;">+55.38%</td><td style="color: blue;">+126.16%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.28</td><td style="color: blue;">+150.34%</td><td style="color: blue;">+100.39%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$1.84</td><td style="color: blue;">+84.37%</td><td style="color: blue;">+62.76%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.18</td><td style="color: blue;">+27.98%</td><td style="color: blue;">+42.67%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.605</td><td style="color: blue;">60.5 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+84.58%</td><td style="color: blue;">+78.06%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.42</td><td style="color: blue;">42.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.139</td><td style="color: blue;">13.90 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.146</td><td style="color: blue;">+20.61%</td><td style="color: blue;">+15.46%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+7.22% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.99%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+9.52%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+74.79%</span><span style="color: blue;">, +0.00%</span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+9.52% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+16.54%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+17.20%</td><td style="color: blue;">+71.91%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+106.82%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: blue;"><b>+2.91%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/10/2023 = 3067.74</th><th>30/11/2023 = 3072.99<span> </span></th><th>Change = <span style="color: blue;">+0.17%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. Entitled to Valuetronics dividend of HKD 0.08/share</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.40</td><td style="color: blue;">+341.11%</td><td style="color: blue;">+126.86%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.555</td><td style="color: blue;">--</td><td style="color: blue;">HK 147 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.46</td><td style="color: red;">-50.77%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+156.69%</td><td style="color: blue;">+67.82%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+46.21%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+26.46%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+118.17%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-0.50%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/10/2023 = 3067.74 </th><th> 30/11/2023 = 3072.99</th><th>Change = <span style="color: blue;">+0.17%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investment</span> </p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-17078096652467519222023-10-31T17:31:00.006+08:002024-02-01T17:35:19.436+08:00Portfolio - Oct 2023<p><br /></p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on">1. Received Lendlease scrip dividend, increasing holding by 3.67%</div><div dir="ltr" trbidi="on">2. Received MapletreeInd Trust dividend of 3.32 cents/unit</div></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$1.76</td><td style="color: blue;">+50.22%</td><td style="color: blue;">+126.16%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.15</td><td style="color: blue;">+136.01%</td><td style="color: blue;">+96.72%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$1.69</td><td style="color: blue;">+69.29%</td><td style="color: blue;">+62.76%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.07</td><td style="color: blue;">+21.48%</td><td style="color: blue;">+39.10%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.51</td><td style="color: blue;">51.0 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+72.64%</td><td style="color: blue;">+76.47%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.38</td><td style="color: blue;">38.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.118</td><td style="color: blue;">11.80 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.129</td><td style="color: blue;">+19.90%</td><td style="color: blue;">+15.46%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+6.34% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.99%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+5.45%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+8.72%</span><span style="color: blue;">, +0.00%</span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+5.45% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+13.79%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+17.20%</td><td style="color: blue;">+71.65%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+103.80%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-3.07%</b></td><td><br /></td></tr><tr><th>STI</th><th>29/9/2023 = 3217.41</th><th>31/10/2023 = 3067.74<span> </span></th><th>Change = <span style="color: red;">-4.65%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. No activity</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.415</td><td style="color: blue;">+357.73%</td><td style="color: blue;">+126.86%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.505</td><td style="color: blue;">--</td><td style="color: blue;">HK 147 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.44</td><td style="color: red;">-51.46%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+158.68%</td><td style="color: blue;">+67.82%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+47.04%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+26.46%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+118.76%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-1.62%</b></td><td><br /></td></tr><tr><th>STI</th><th>29/9/2023 = 3217.41 </th><th> 31/10/2023 = 3067.74</th><th>Change = <span style="color: red;">-4.65%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investment</span> </p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-40514124460585144972023-10-21T14:10:00.004+08:002023-10-21T14:10:33.173+08:00STI Analysis -- the next peak and trough ? (121)<p>Continued from <a href="https://patiencemarketzone.blogspot.com/2023/08/sti-analysis-next-peak-and-trough-120.html" target="_blank">STI Analysis -- the next peak and trough ? (120)</a></p><p><br /></p><p>FTSE STI closed 3,076.69 for the week ended 20th Oct 2023.</p><p><br /></p><p><u><span style="color: #800180;">Magenta -- STI Positive</span></u></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgOwjkVOLBB2_RRthbXxCi6dxFLAYpwhXj777hD5AiWr7iQ9N7LpfOmhe9Uh44KMd66925tGwlnr0HHfrmsMb3b9iAjksGpOTlZeRItZyzbVOTQBu8LidmaM22euqbR-9z9VpFIonyQidmYgqAerBa4T0tT7voRMlIzEqloWsuAfTdLqMZxWuJRRe1qQG4/s1671/sti-positive-21102023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="870" data-original-width="1671" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgOwjkVOLBB2_RRthbXxCi6dxFLAYpwhXj777hD5AiWr7iQ9N7LpfOmhe9Uh44KMd66925tGwlnr0HHfrmsMb3b9iAjksGpOTlZeRItZyzbVOTQBu8LidmaM22euqbR-9z9VpFIonyQidmYgqAerBa4T0tT7voRMlIzEqloWsuAfTdLqMZxWuJRRe1qQG4/w400-h209/sti-positive-21102023.jpg" width="400" /></a></div><br /><p>The selling off for the week broke down from the triangle boundary and highly indicating that wave (e) of the triangle has ended meaning Intermediate ((b)) for the Primary wave 2 has completed. The subsequence downside shall be Intermediate ((c)) of Primary wave 2. That is for the blue label of the STI Positive scenario. The alternate wave count, the purple label should by now be invalidated. Primary wave 2 typically retracts to 61.8% of wave 1 meaning the fall shall continue to at least 2,687, which is 389.69 or 12.67% fall from 20th Oct 2023 closing. The fall would not be a straight free fall as it will at least doing a zig-zag pattern with a mini rebound along the way.</p><p><br /></p><p><u><span style="color: #6aa84f;">Green -- STI Negative</span></u></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEionhBTahxOn5FcCrMyssTo-z6_vkX48b5aW9b6cXvQ_lqefFLJl-1WOEt1A4d_EcVww3_aE5SeIHEEoBJIv-U_HopFgd18rDD8hxCMWP1oPd_wNn8bGVOexYpr_i9qqFaSd6KGkXK_I9dn-L2R8Ebzd_9iwDDLINqdQbzmvxCRfQiCpOyxguU2NHQqsaA/s1671/sti-negative-21102023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="869" data-original-width="1671" height="208" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEionhBTahxOn5FcCrMyssTo-z6_vkX48b5aW9b6cXvQ_lqefFLJl-1WOEt1A4d_EcVww3_aE5SeIHEEoBJIv-U_HopFgd18rDD8hxCMWP1oPd_wNn8bGVOexYpr_i9qqFaSd6KGkXK_I9dn-L2R8Ebzd_9iwDDLINqdQbzmvxCRfQiCpOyxguU2NHQqsaA/w400-h208/sti-negative-21102023.jpg" width="400" /></a></div><br /><p>Similar to the STI Positive scenario, the triangle pattern has been broken indicating Intermediate ((b)) of Primary wave A of Cycle (C) of SuperCycle ((C)) has completed. Unlike the STI Positive scenario, the ending point for the correction still far away. After Primary wave A, a rebound will be followed for Primary wave B and finally follows by Primary wave C to complete the whole SuperCycle correction which started in 2007.</p><p><br /></p><p><u><span style="color: #2b00fe;">Food For Thoughts</span></u></p><p>Global inflation at elevated level less China still the issue for the performance of global stock markets. Recent data might have shown sign of inflation getting a pause but that is not the outcome that will be good for global economy in the long run. It is not pause but rather cooling down to the acceptable level in the shortest possible time that is the answer. As long as inflation remains at elevated level, interest rate will continue to stay high, nevertheless a pause in rate hike. Prolong period of that will trigger stagflation, a scenario that could take decades or even a century to fully resolved. <span style="color: #2b00fe;">A possible way to fasten deflate the elevated inflation is none other than economy recession. Global economy might not be facing one based on data, inducing one is one of the method to overcome the elevated inflation</span>. Unfortunately, none of the countries willing to induce one as to them this is a sign of political weakness to the nation government. With that, global economy is facing the risk of stagflation as days go by. <b><span style="color: red;">Selfishness in politics leads to long term suffering in the future</span></b>.</p><p> </p><p> <u><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" target="_blank">Tiger Brokers Singapore Invitation Code</a></u></p><div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="164" data-original-width="164" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv-aOEL3HBpzodai6LLecjpdJdQoBgDwuqYGu7EwQp-qpDpwtXdANIJgzdnLEumehMk_XhOpW81iQF7hlximzkjtfYGfZrvXMT35s0933sgFuAXupCDby4b-GHjL_C0tBqXIHXdcPkA28/s0/tigerbroker.png" /></a></div></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both;"><p><u><b>Singapore Covid-19</b></u></p><p><b style="color: #800180; font-size: large;">柏杨写了一本丑陋的中国人,Covid-19却写了一篇丑陋的新加坡人</b></p><p><u><b><br /></b></u></p><div><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><u>打油诗</u></b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><br /></b></span><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>主将无能垮三军</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左士缺策只砸钱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右士辱人自被辱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左象无计只会泣</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右象理人理出祸</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左马略识色不分</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右马讲据终慢拍</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>小卒仗权乱闹事</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>大敌当前夸本领</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>火烧眉头方才悟</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>城门紧闭称闭窗</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>高傲自大多借口</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>知错不认真懦夫</b></span></div><p><br /></p><div><span style="font-size: medium;"><b><span style="color: #800180;">主动是它的名字<br /></span></b><b><span style="color: #800180;">领导者最佳战友<br /></span></b><b><span style="color: #800180;">为何小红点缺乏<br /></span></b><b><span style="color: #800180;">是否无勇气拥有<br /></span></b><b><span style="color: #800180;">是否缺远见拥有<br /></span></b><b><span style="color: #800180;">是否不知怎拥有</span></b></span></div><div><b style="font-size: large;"><span style="color: #800180;">还是不想去拥有</span></b> </div></div>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-72360044749673276302023-10-02T08:36:00.009+08:002023-11-02T19:44:30.517+08:00Corporate Result -- Oct/Nov 2023<p>1. Kep DC Reit -- 16th Oct 2023 (Business Update)</p><p>2. Kep Reit -- 17th Oct 2023 (Business Update)</p><p>3. Kep Pac Oak US Reit -- 18th Oct 2023 (Business Update)</p><p>4. Kep Corp -- 19th Oct 2023 (Business Update)</p><p>5. Mapletreelog Trust -- 24th Oct 2023</p><p>6. MapletreeInd Trust -- 25th Oct 2023</p><p>7. Frasers Cpt Trust -- 25th Oct 2023</p><p>8. UOB -- 26th Oct 2023 (Business Update)</p><p>9. CICT -- 26th Oct 2023 (Business Update)</p><p>10. Ascendas Reit -- 27th Oct 2023 (Business Update)</p><p>11. MPACT -- 26th Oct 2023</p><p>12. SingPost -- 2nd Nov 2023</p><p>13. Kep Infra Trust -- 2nd Nov 2023</p><p>14. FLCT -- 2nd Nov 2023</p><p>15. SIA Engg -- 2nd Nov 2023</p><p>16. DBS -- 6th Nov 2023 (Business Update)</p><p>17. Lendlease Reit -- 7th Nov 2023 (Business Update)</p><p>18. SIA -- 7th Nov 2023</p><p>19. Valuetronics -- 9th Nov 2023</p><p>20. OCBC -- 10th Nov 2023 (Business Update)</p><p><br /></p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-26754924888619723252023-09-29T17:26:00.007+08:002024-02-01T17:35:30.157+08:00Portfolio -- Sep 2023<p> </p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on">1. No activity</div></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$1.85</td><td style="color: blue;">+57.96%</td><td style="color: blue;">+126.16%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.26</td><td style="color: blue;">+148.14%</td><td style="color: blue;">+93.06%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$2.08</td><td style="color: blue;">+108.49%</td><td style="color: blue;">+62.76%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.19</td><td style="color: blue;">+28.57%</td><td style="color: blue;">+39.10%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.545</td><td style="color: blue;">54.50 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+93.25%</td><td style="color: blue;">+75.71%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.41</td><td style="color: blue;">41.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.132</td><td style="color: blue;">13.20 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.278</td><td style="color: blue;">+26.15%</td><td style="color: blue;">+15.46%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+7.07% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.99%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+5.01%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: red;">-1.42%</span><span style="color: blue;">, +0.00%</span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+5.01% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.08%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+17.20%</td><td style="color: blue;">+71.52%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+107.09%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-1.20%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/8/2023 = 3233.30</th><th>29/9/2023 = 3217.41<span> </span></th><th>Change = <span style="color: red;">-0.49%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. No activity</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.415</td><td style="color: blue;">+357.73%</td><td style="color: blue;">+126.86%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.525</td><td style="color: blue;">--</td><td style="color: blue;">HK 147 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.68</td><td style="color: red;">-43.26%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+165.29%</td><td style="color: blue;">+67.82%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+49.00%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+26.46%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+120.72%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: blue;"><b>+1.96%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/8/2023 = 3233.30 </th><th> 29/9/2023 = 3217.41</th><th>Change = <span style="color: red;">-0.49%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investment</span> </p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-80106294073043345692023-08-31T17:23:00.003+08:002024-02-01T17:35:43.900+08:00Portfolio -- Aug 2023<p> </p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div></div><div dir="ltr" trbidi="on">1. Received MapletreeInd Trust dividend of 0.91 cents/unit</div><div dir="ltr" trbidi="on">2. Received CapitaMall Trust dividend of 5.30 cents/unit</div><div dir="ltr" trbidi="on">3. Entitled to Lendlease Reit scrip or cash dividend of 2.2453 cents/unit</div><div dir="ltr" trbidi="on">4. Received STI ETF dividend of 7.3 cents/unit</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$1.91</td><td style="color: blue;">+63.12%</td><td style="color: blue;">+126.16%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.30</td><td style="color: blue;">+152.54%</td><td style="color: blue;">+93.06%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$2.20</td><td style="color: blue;">+120.55%</td><td style="color: blue;">+62.76%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.24</td><td style="color: blue;">+31.53%</td><td style="color: blue;">+39.10%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.575</td><td style="color: blue;">57.50 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+100.60%</td><td style="color: blue;">+75.71%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.43</td><td style="color: blue;">43.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.146</td><td style="color: blue;">14.60 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.29</td><td style="color: blue;">+26.66%</td><td style="color: blue;">+15.46%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+7.58% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.99%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+5.08%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: red;">-12.77%</span><span style="color: blue;">, +0.01%</span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+5.08% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.08%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.49%</td><td style="color: blue;">+71.52%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+108.39%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-0.05%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/7/2023 = 3373.98</th><th>31/8/2023 = 3233.30<span> </span></th><th>Change = <span style="color: red;">-4.17%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. Received Nordic dividend of 1.001 cents/share</div><div dir="ltr" trbidi="on">2. Received Valuetronics dividend of HKD 16 cents/share</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.42</td><td style="color: blue;">+363.28%</td><td style="color: blue;">+126.86%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.53</td><td style="color: blue;">--</td><td style="color: blue;">HK 147 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.16</td><td style="color: red;">-61.02%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+157.47%</td><td style="color: blue;">+67.82%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+46.68%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+26.46%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+118.40%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-1.81%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/7/2023 = 3373.98 </th><th> 31/8/2023 = 3233.30</th><th>Change = <span style="color: red;">-4.17%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investmen</span> </p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-54241274678542347342023-08-27T14:06:00.002+08:002023-08-27T14:06:52.207+08:00STI Analysis -- the next peak and trough ? (120)<p>Continued from <a href="https://patiencemarketzone.blogspot.com/2023/07/sti-analysis-next-peak-and-trough-119.html" target="_blank">STI Analysis -- the next peak and trough ? (119)</a></p><p><br /></p><p>FTSE STI closed 3,189.88 for the week ended 25th Aug 2023.</p><p><br /></p><p><u><span style="color: #800180;">Magenta -- STI Positive</span></u></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidZySFL4XceCn3KQdcWzW-NoqdmpUq4WRxP100DYTsZT4yzp5PAH_w4U3e1ZCZkvn7tb3Nkiuj1OU2unbh-HrNn7P-7xmou9J2fL18wFnxVz7m8pQflxi3wQDgPnD-VWG0twLxGL3tfzFVifjcT9GVoF06mhhJkdlXHsZ6IjxTnMtWgpm-efKKCnF2_K0/s1679/sti-positive-27082023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="873" data-original-width="1679" height="208" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidZySFL4XceCn3KQdcWzW-NoqdmpUq4WRxP100DYTsZT4yzp5PAH_w4U3e1ZCZkvn7tb3Nkiuj1OU2unbh-HrNn7P-7xmou9J2fL18wFnxVz7m8pQflxi3wQDgPnD-VWG0twLxGL3tfzFVifjcT9GVoF06mhhJkdlXHsZ6IjxTnMtWgpm-efKKCnF2_K0/w400-h208/sti-positive-27082023.jpg" width="400" /></a></div><br /><p>STI corrected since 11th Aug 2023 for 7 days in a row before staging a rebound in the last 4 days. This movement could potentially give a clearer picture of which wave count is the one for the STI Positive scenario. For case 1 where STI is in Primary wave 2, the sideway movement since hitting a low of 2,968.87 could be developing into a triangle pattern for Intermediate wave ((b)) as shown (blue label) in the above chart. On the other hand, for case 2 (purple label), the sideway movement poses a questionable wave count for this case and could be invalidated going forward.</p><p><br /></p><p><u><span style="color: #38761d;">Green -- STI Negative</span></u></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiv_5sWe7mkSlmjSJMU0PA1h39b84I0_XIkfy6cR3bsjka-MxaeMgu8NcwwtPg_l09chFPRP_g2u8N2K5A2gAWoZYlhgE1fGx4Y_wsqRUrvrqJfOxbHpaxcVp-fAd8ZdaUDy4V7BDnt4miF6NFZnKJa_f2_66lFVGidnG1M78-8wregllMqiX4ROhXHpcI/s1673/sti-negative-27082023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="873" data-original-width="1673" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiv_5sWe7mkSlmjSJMU0PA1h39b84I0_XIkfy6cR3bsjka-MxaeMgu8NcwwtPg_l09chFPRP_g2u8N2K5A2gAWoZYlhgE1fGx4Y_wsqRUrvrqJfOxbHpaxcVp-fAd8ZdaUDy4V7BDnt4miF6NFZnKJa_f2_66lFVGidnG1M78-8wregllMqiX4ROhXHpcI/w400-h209/sti-negative-27082023.jpg" width="400" /></a></div><br /><p>For STI Positive scenario, the sideway movement potentially could identify which case should be it, this however, does nothing significant to the STI Negative scenario. The sideway movement just identified as a triangle pattern (potentially) for Intermediate wave ((b)) of Primary A of Cycle (C) of SuperCycle ((C)).</p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsGr3EFLXCZWWnZsiaDdmLfltbT2AOvubFwAbXz0O-47mw-GQdl71xTDm867sjgr_yKxOZQtRv1JkfPcFSHKlAZ42O0VQt_aLmHKHx91OjU8abeJcG6Olwf6NRVGky77AttvpTs1XuaAgUADd5mMuDFHvTfcYqwihII2xnLTfsWC2rPThukwktCfs25uk/s2132/sti-27082023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1042" data-original-width="2132" height="195" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsGr3EFLXCZWWnZsiaDdmLfltbT2AOvubFwAbXz0O-47mw-GQdl71xTDm867sjgr_yKxOZQtRv1JkfPcFSHKlAZ42O0VQt_aLmHKHx91OjU8abeJcG6Olwf6NRVGky77AttvpTs1XuaAgUADd5mMuDFHvTfcYqwihII2xnLTfsWC2rPThukwktCfs25uk/w400-h195/sti-27082023.jpg" width="400" /></a></div><br /><p>Above is the overall wave count for both the positive and negative scenario in the perspective of Primary, Cycle and SuperCycle degree of Elliott Wave.</p><p><br /></p><p><u><span style="color: #2b00fe;">Food For Thoughts</span></u></p><p>China facing the risk of deflation is not going to disappear in the near future and potentially could develop into one. Should it enter one, it will be having different impact to global economy compared to Japan past few decades of deflation. Global inflation might be slowing sign of cooling, it is still at elevated and unacceptable level. Talk of pausing or even cutting of interest rate is still too early. Stress again, prolong period of elevated inflation couple with high interest rate can trigger into stagflation. Stagflation is not something can easily navigate out. It could take few decades (just like deflation) or even a century period to finally resolve.</p><p>Singapore will be going to poll on 1st Sept 2023 for Elected Presidential Election. While the scale of that is nothing compared to General Election, in certain aspect, it brings out one important factor. Who will be the next Elected President to safe guard the nation reserve ? Going forward Singapore economy landscape is not at all rosy (risk of deflation from China and still at elevated inflation which could turn into stagflation), how competent the government can dish out policies to navigate the tough road will in one way or another link to the nation reserve. Any incompetent policies will only lead to keep on dipping into the nation reserve for aids. With that, sooner or later, Singapore will be in trouble with its nation reserve. The Elected President MUST have the courage to challenge the Government and say no dipping into the reserve should it become clear cut that the policies are incompetent. Rather than keep dipping into reserve, the correct way should be changed another Government with alternate policies. </p><p>Regrettably, majority of the people just vote for the Elected President as if they are polling for a popularity contest. Just <b><span style="color: red;">refer to those comments from the Straits Times article and you can tell who these dude are. These dudes should be named in the Singapore Hall of Shame</span></b>. The topics of Elected President being independent and having a close and good working relationship with the Government is nothing but side tracking the most important factor of which of the 3 candidates are the better choice. The key is can this Elected President sees the economy and policies danger and have that courage to say a NO to the Government when comes to dipping into the nation reserve. Let me tell you, being experienced in managing finance (Finance Minister or Investment Chief or CEO of an financial institution) doesn't mean they cannot be wrong in seeing the economy and policies aspect. Their mindset can be trapped and blinded by their experience that they fail to see the risk and danger compared to an outsider.</p><p><br /></p><p><br /></p><p> <u><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" target="_blank">Tiger Brokers Singapore Invitation Code</a></u></p><div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="164" data-original-width="164" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv-aOEL3HBpzodai6LLecjpdJdQoBgDwuqYGu7EwQp-qpDpwtXdANIJgzdnLEumehMk_XhOpW81iQF7hlximzkjtfYGfZrvXMT35s0933sgFuAXupCDby4b-GHjL_C0tBqXIHXdcPkA28/s0/tigerbroker.png" /></a></div></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both;"><p><u><b>Singapore Covid-19</b></u></p><p><b style="color: #800180; font-size: large;">柏杨写了一本丑陋的中国人,Covid-19却写了一篇丑陋的新加坡人</b></p><p><u><b><br /></b></u></p><div><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><u>打油诗</u></b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><br /></b></span><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>主将无能垮三军</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左士缺策只砸钱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右士辱人自被辱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左象无计只会泣</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右象理人理出祸</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左马略识色不分</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右马讲据终慢拍</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>小卒仗权乱闹事</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>大敌当前夸本领</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>火烧眉头方才悟</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>城门紧闭称闭窗</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>高傲自大多借口</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>知错不认真懦夫</b></span></div><p><br /></p><div><span style="font-size: medium;"><b><span style="color: #800180;">主动是它的名字<br /></span></b><b><span style="color: #800180;">领导者最佳战友<br /></span></b><b><span style="color: #800180;">为何小红点缺乏<br /></span></b><b><span style="color: #800180;">是否无勇气拥有<br /></span></b><b><span style="color: #800180;">是否缺远见拥有<br /></span></b><b><span style="color: #800180;">是否不知怎拥有</span></b></span></div><div><b style="font-size: large;"><span style="color: #800180;">还是不想去拥有</span></b> </div></div>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-91959628175538458892023-07-31T17:49:00.003+08:002024-02-01T17:35:57.538+08:00Portfolio -- Jul 2023<p> </p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div></div><div dir="ltr" trbidi="on">1. Received MapletreeInd Trust dividend of 2.48 cents/unit</div><div dir="ltr" trbidi="on">2. Received Kep DC Reit dividend of 5.051 cents/unit</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$2.04</td><td style="color: blue;">+74.30%</td><td style="color: blue;">+121.60%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.24</td><td style="color: blue;">+145.93%</td><td style="color: blue;">+92.06%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$2.19</td><td style="color: blue;">+119.54%</td><td style="color: blue;">+62.76%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.17</td><td style="color: blue;">+27.39%</td><td style="color: blue;">+39.10%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.68</td><td style="color: blue;">68.00 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+100.70%</td><td style="color: blue;">+74.69%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.43</td><td style="color: blue;">43.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.168</td><td style="color: blue;">16.80 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.447</td><td style="color: blue;">+33.25%</td><td style="color: blue;">+12.39%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+8.19% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.93%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+5.81%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+5.77%</span><span style="color: blue;">, +0.01%</span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+5.81% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.08%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.73%</td><td style="color: blue;">+71.35%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+108.45%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: blue;"><b>+0.99%</b></td><td><br /></td></tr><tr><th>STI</th><th>30/6/2023 = 3205.91</th><th>31/7/2023 = 3373.98<span> </span></th><th>Change = <span style="color: blue;">+5.24%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. No activity</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.445</td><td style="color: blue;">+390.99%</td><td style="color: blue;">+115.76%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.55</td><td style="color: blue;">--</td><td style="color: blue;">HK 131 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.22</td><td style="color: red;">-58.97%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+171.73%</td><td style="color: blue;">+60.91%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+50.91%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+24.41%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+120.58%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-1.67%</b></td><td><br /></td></tr><tr><th>STI</th><th>30/6/2023 = 3205.91 </th><th> 31/7/2023 = 3373.98</th><th>Change = <span style="color: blue;">+5.24%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investmen</span> </p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-76844415536881795382023-07-23T20:26:00.002+08:002023-07-23T20:26:16.248+08:00STI Analysis -- the next peak and trough ? (119)<p>Continued from <a href="https://patiencemarketzone.blogspot.com/2023/06/sti-analysis-next-peak-and-trough-118.html" target="_blank">STI Analysis -- the next peak and trough ? (118)</a></p><p><br /></p><p>FTSE STI closed at 3,278.30 for the week ended 21st July 2023</p><p><br /></p><p><u><span style="color: #800180;">Magenta -- STI Positive</span></u></p><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg-zshT0RWRnP7ssMbiuUB02WLcvpYO8Gs9wnWgII6d8_GISNOOv9A4Kq20vy5honHScCmZZ1y37iaL1QSDw07wayMZsYAGWBq9UJCCxi_qFOzitXx0jp1OwapxCZ0a_J8k21tBI2hPpI6FDX_EcFL899avulyJTcPzlCaMbJEakrAPuHq25DSc4Ey2Tck/s1676/sti-positive-23072023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="874" data-original-width="1676" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg-zshT0RWRnP7ssMbiuUB02WLcvpYO8Gs9wnWgII6d8_GISNOOv9A4Kq20vy5honHScCmZZ1y37iaL1QSDw07wayMZsYAGWBq9UJCCxi_qFOzitXx0jp1OwapxCZ0a_J8k21tBI2hPpI6FDX_EcFL899avulyJTcPzlCaMbJEakrAPuHq25DSc4Ey2Tck/w400-h209/sti-positive-23072023.jpg" width="400" /></a></div><br /><p>For the past 2 weeks STI closed positive for 8 out of 10 days, staging a rebound since hitting a low of 3,128.70. It does look a promising sign given the events in particular economic events during those periods were not all on the negative aspect. However, nothing has changed from the above chart, at least from Elliott Wave count perspective. STI for the positive scenario still in Primary wave 2 corrective stage.</p><p><br /></p><p><u><span style="color: #38761d;">Green -- STI Negative</span></u></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhpzCZ2YRn5ljyEhOeY4B3K3gyM7vfI-ewkCeik8_C0_QC-B7I6CpOOzY8LBAuRMBmHiZhGHOWF-CYkIPKcNHm_9DEX5v1GzBV6n8VUTRt395XIkipCyEIAKKnUf4CmWBD6_NzXWs1oDY0MAfgkSrXhL4737lgwGrTmcSUjCVJzdOZB5Ryw1MMQ69hIMLo/s1670/sti-negative-23072023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="873" data-original-width="1670" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhpzCZ2YRn5ljyEhOeY4B3K3gyM7vfI-ewkCeik8_C0_QC-B7I6CpOOzY8LBAuRMBmHiZhGHOWF-CYkIPKcNHm_9DEX5v1GzBV6n8VUTRt395XIkipCyEIAKKnUf4CmWBD6_NzXWs1oDY0MAfgkSrXhL4737lgwGrTmcSUjCVJzdOZB5Ryw1MMQ69hIMLo/w400-h209/sti-negative-23072023.jpg" width="400" /></a></div><br /><p>Given the fact that the Elliott Wave count from the positive scenario didn't change anything despite the rebound for the past 2 weeks, there is definitely nothing change for the negative scenario. In this case STI is in the Cycle wave (C) of the SuperCycle wave ((C)).</p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHGfd6rfUrt-vEVkuRVirai10egV1Bcj_WkmboXk94OLtYZ2FHNzCBeUbZWqG5SzNpvHIMueZJh4c5G6qvSr59S_A-9DO4-T026WaCbDpwoAeWo4HZClo9f_cQXfLJx_P0zsQc91njQ9rk_HTL6rK4nZ0l-IQjQ7rJfCOowuQdiJNxxdBKL06nE0wg82M/s2234/sti-23072023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1252" data-original-width="2234" height="224" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHGfd6rfUrt-vEVkuRVirai10egV1Bcj_WkmboXk94OLtYZ2FHNzCBeUbZWqG5SzNpvHIMueZJh4c5G6qvSr59S_A-9DO4-T026WaCbDpwoAeWo4HZClo9f_cQXfLJx_P0zsQc91njQ9rk_HTL6rK4nZ0l-IQjQ7rJfCOowuQdiJNxxdBKL06nE0wg82M/w400-h224/sti-23072023.jpg" width="400" /></a></div><br /><p>Above is the overall wave count for both the positive and negative scenario in the perspective of Primary, Cycle and SuperCycle degree of Elliott Wave.</p><p><br /></p><p><u><span style="color: #2b00fe;">Food For Thoughts</span></u></p><p>For past 2 weeks, global inflation data showed some promising sign by easing. However, they are still way above the targeted level of 2%. Hence, there isn't any reason for Central Banks to lift the pedal off from tightening. At most they could do a temporary pause to observe for the next step. As long as inflation stays elevated for prolong period with high interest rate there to stay, the risk of entering stagflation is still very much there. Apart from this, there is another big risk coming from China. China unlike rest of the world is not facing high inflation but rather they are in risk of getting into deflation. Needless to say what will happen should China get into deflation. Just look at Japan since the late 80s till recently, regardless what policies the Japanese Government rolled out, they couldn't get out of deflation. They are out now is mainly because global inflation negates that effect and not due to their policies finally working. While Japan in deflation doesn't hurt global economy much, that cannot be say for China. China unlike Japan is presently the main net import and export nation for the world. The deflation status might help US to ease the inflation problem but in longer perspective is never a good thing for global economy. </p><p><br /></p><p> <u><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" target="_blank">Tiger Brokers Singapore Invitation Code</a></u></p><div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="164" data-original-width="164" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv-aOEL3HBpzodai6LLecjpdJdQoBgDwuqYGu7EwQp-qpDpwtXdANIJgzdnLEumehMk_XhOpW81iQF7hlximzkjtfYGfZrvXMT35s0933sgFuAXupCDby4b-GHjL_C0tBqXIHXdcPkA28/s0/tigerbroker.png" /></a></div></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both;"><p><u><b>Singapore Covid-19</b></u></p><p><b style="color: #800180; font-size: large;">柏杨写了一本丑陋的中国人,Covid-19却写了一篇丑陋的新加坡人</b></p><p><u><b><br /></b></u></p><div><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><u>打油诗</u></b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><br /></b></span><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>主将无能垮三军</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左士缺策只砸钱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右士辱人自被辱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左象无计只会泣</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右象理人理出祸</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左马略识色不分</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右马讲据终慢拍</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>小卒仗权乱闹事</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>大敌当前夸本领</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>火烧眉头方才悟</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>城门紧闭称闭窗</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>高傲自大多借口</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>知错不认真懦夫</b></span></div><p><br /></p><div><span style="font-size: medium;"><b><span style="color: #800180;">主动是它的名字<br /></span></b><b><span style="color: #800180;">领导者最佳战友<br /></span></b><b><span style="color: #800180;">为何小红点缺乏<br /></span></b><b><span style="color: #800180;">是否无勇气拥有<br /></span></b><b><span style="color: #800180;">是否缺远见拥有<br /></span></b><b><span style="color: #800180;">是否不知怎拥有</span></b></span></div><div><b style="font-size: large;"><span style="color: #800180;">还是不想去拥有</span></b> </div></div>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-58796513564170595972023-07-03T17:22:00.015+08:002023-08-18T21:02:51.194+08:00Corporate Result -- Jul/Aug 2023<p>1. Keppel DC Reit -- 24th Jul 2023</p><p>2. Keppel Reit -- 25th Jul 2023</p><p>3. Frasers Cpt Trust -- 25th Jul 2023 (Business Update)</p><p>4. Mapletreelog Trust -- 25th Jul 2023 (Business Update)</p><p>5. Keppel Pac Oak US Reit -- 26th Jul 2023</p><p>6. MapletreeInd Trust -- 26th Jul 2023</p><p>7. Keppel Infra Trust -- 26th Jul 2023</p><p>8. Parkway Life -- 26th Jul 2023</p><p>9. Keppel Corp -- 27th Jul 2023</p><p>10. SIA -- 27th Jul 2023 (Business Update) </p><p>11. UOB -- 27th Jul 2023</p><p>12. Capitaland China Trust -- 27th Jul 2023</p><p>13. Capitaland Ascott Trust -- 27th Jul 2023</p><p>14. CDL HTrust -- 28th Jul 2023</p><p>15. MPACT -- 31st Jul 2023</p><p>16. Capitaland Ascendas Reit -- 31st Jul 2023</p><p>17. CICT -- 1st Aug 2023</p><p>18. DBS -- 3rd Aug 2023</p><p>19. OCBC -- 4th Aug 2023</p><p>20. Semb Corp -- 4th Aug 2023</p><p>21. Lendlease Reit -- 7th Aug 2023</p><p>22. Nordic Group -- 7th Aug 2023</p><p>23. Genting -- 10th Aug 2023</p><p>24. City Dev -- 10th Aug 2023</p><p>25. UOL -- 10th Aug 2023</p><p>26. Fu Yu -- 10th Aug 2023</p><p>27. Capitaland Investment -- 11th Aug 2023</p><p>28. ST Engg -- 11th Aug 2023</p><p>29. UMS -- 14th Aug 2023</p><p>30. SGX -- 17th Aug 2023</p><p>31. Netlink NBN Trust -- 17th Aug 2023 (Business Update)</p><p>32. SingPost -- 18th Aug 2023 (Business Update)</p><p>33. Creative -- 18th Aug 2023</p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-10822170316266971892023-06-30T17:49:00.003+08:002023-06-30T17:49:46.022+08:00Portfolio -- Jun 2023<p> </p><p><br /></p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div></div><div dir="ltr" trbidi="on">1. Entitled MapletreeInd Trust advanced distribution of 2.48 cents/unit (pay Jul 2023)</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$2.00</td><td style="color: blue;">+70.86%</td><td style="color: blue;">+121.60%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.27</td><td style="color: blue;">+149.24%</td><td style="color: blue;">+89.32%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$2.09</td><td style="color: blue;">+109.49%</td><td style="color: blue;">+57.68%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.13</td><td style="color: blue;">+25.02%</td><td style="color: blue;">+39.10%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.665</td><td style="color: blue;">66.50 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+96.99%</td><td style="color: blue;">+72.18%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.44</td><td style="color: blue;">44.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.21</td><td style="color: blue;">21.00 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.305</td><td style="color: blue;">+27.29%</td><td style="color: blue;">+12.39%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+8.23% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.93%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+5.49%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+10.21%</span><span style="color: blue;">, +0.01%</span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+5.49% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.08%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.37%</td><td style="color: blue;">+70.94%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+107.39%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: blue;"><b>+0.18%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/5/2023 = 3158.80</th><th>30/6/2023 = 3205.91<span> </span></th><th>Change = <span style="color: blue;">+1.49%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. No activity</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.46</td><td style="color: blue;">+407.61%</td><td style="color: blue;">+115.76%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.54</td><td style="color: blue;">--</td><td style="color: blue;">HK 131 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.27</td><td style="color: red;">-57.26%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+178.64%</td><td style="color: blue;">+60.91%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+52.96%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+24.41%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+122.63%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: blue;"><b>+0.86%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/5/2023 = 3158.80 </th><th> 30/6/2023 = 3205.91</th><th>Change = <span style="color: blue;">+1.49%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investment </span></p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-6178711147144768552023-06-25T15:25:00.003+08:002023-06-25T15:25:31.681+08:00STI Analysis -- the next peak and trough ? (118)<p>Continued from <a href="https://patiencemarketzone.blogspot.com/2023/05/sti-analysis-next-peak-and-trough-117.html" target="_blank">STI Analysis -- the next peak and trough ? (117)</a></p><p><br /></p><p>FTSE STI closed 3,191.60 for the week ended 23rd Jun 2023.</p><p><br /></p><p><u><span style="color: #800180;">Magenta -- STI Positive</span></u></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEingBVUQd73AWuYPJ1eQOEQhbAn4FjI1ZEjnNO7pCthYK56y_l5k_DU_6lscQJ4OE0xlhQd8zw4B_HO5Cr14X1n-oz_1eW79-SNyyc3d8DGud48MrRavy4_ttEzx2woXyIFqzWoVaZSUD7juIZQVKq4t-bY9GAVSEH-IRfp6ijkPDR20O_IOyF4ZlWazF4/s1673/sti-positive-25062023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="872" data-original-width="1673" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEingBVUQd73AWuYPJ1eQOEQhbAn4FjI1ZEjnNO7pCthYK56y_l5k_DU_6lscQJ4OE0xlhQd8zw4B_HO5Cr14X1n-oz_1eW79-SNyyc3d8DGud48MrRavy4_ttEzx2woXyIFqzWoVaZSUD7juIZQVKq4t-bY9GAVSEH-IRfp6ijkPDR20O_IOyF4ZlWazF4/w400-h209/sti-positive-25062023.jpg" width="400" /></a></div><br /><p>For the week of 19th - 23rd Jun 2023, STI tried to capitalize on the rebound from the previous week but was unable to move higher. Instead, it is now pointing towards a downside bias. As mentioned before, in the positive scenario, there are 2 possible wave counts. </p><p>Case 1 (magenta labeled) which puts STI in the Intermediate wave ((a)) of Primary wave 2 having completed Primary wave 1 at 3,408.19. For this case, the going forward downside shall be the end of Intermediate wave ((a)). </p><p>Case 2 (blue labeled) which puts STI in the Intermediate wave ((c)) of the Primary wave 2, again pointing toward more downside going forward.</p><p>The positive aspect of Case 2 is it is the final downside of Primary wave 2 compared to Case 1 whereby more downside to follow as still have Intermediate wave ((b)) and ((c)) to complete.</p><p><br /></p><p><u><span style="color: #38761d;">Green -- STI Negative</span></u></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ59iRMK_Qr9_A8QDNBIdIC8jthHd5hHhH5ul9X9a2gSel2cjLa53miJMjb-Gfcaa2mp26RMPjFuhkahCP2KUGHkt3zIivIqNoy1lxpUL2R9odsE_3lxRha5nlz5P6bbZ4HFkQQluWZILa14PjRT8YN38lxBmhcqTzgr2iYEP6Y8FRd5FjlrHD79JujFo/s1674/sti-negative-25062023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="871" data-original-width="1674" height="208" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ59iRMK_Qr9_A8QDNBIdIC8jthHd5hHhH5ul9X9a2gSel2cjLa53miJMjb-Gfcaa2mp26RMPjFuhkahCP2KUGHkt3zIivIqNoy1lxpUL2R9odsE_3lxRha5nlz5P6bbZ4HFkQQluWZILa14PjRT8YN38lxBmhcqTzgr2iYEP6Y8FRd5FjlrHD79JujFo/w400-h208/sti-negative-25062023.jpg" width="400" /></a></div><br /><p>The silent killer wave count, STI Negative scenario still remain intact and will be a long battle to fight before the actual bottom of Cycle wave (C) of SuperCycle wave ((C)) is reached. This is the case whereby STI could reach or even break below the low of 2009. Since it is in the Cycle degree, it could take several years to complete.</p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgA6D4MOzhX1gtQsY6_DldCrdkwaZw8G0S-ecsnEsElt-UYhBaMsG3FA-DLcIxVaLQsgFQYuSn_UrSgYOLhCm_xr5L_qawqhWmcdwwlDXF3-d24ODPilv_-9eZSi3L31F2Gibfn2uDzzcbu3hpOI5OuTxgas4eCnBN_vZnnjlXzhEfmP28SFxGFwJtRMM0/s2210/sti-25062023.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1198" data-original-width="2210" height="216" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgA6D4MOzhX1gtQsY6_DldCrdkwaZw8G0S-ecsnEsElt-UYhBaMsG3FA-DLcIxVaLQsgFQYuSn_UrSgYOLhCm_xr5L_qawqhWmcdwwlDXF3-d24ODPilv_-9eZSi3L31F2Gibfn2uDzzcbu3hpOI5OuTxgas4eCnBN_vZnnjlXzhEfmP28SFxGFwJtRMM0/w400-h216/sti-25062023.jpg" width="400" /></a></div><br /><p>Above is the overall wave count for both the positive and negative scenario in the perspective of Primary, Cycle and SuperCycle degree of Elliott Wave.</p><p><br /></p><p><u><span style="color: #2b00fe;">Food For Thoughts</span></u></p><p>While inflation might be slowing down and Central Bankers either doing a small rate hike or pause, the fight to inflation still a long way to go with the exception probably China. Majority are still focus on will or will not the economy going into recession or will it be a mild or deep recession. Focusing on the wrong thing !!!</p><p>It is not the state of economy but rather inflation that should be focused on. Prolong period of elevated inflation and interest rate will only move a step closer to <b><span style="color: red;">STAGFLATION</span></b>. Mentioned previously, not a single one presently have ever experienced stagflation, all we know of is just from academic knowledge. Thus, should stagflation really occur, any solution by the Central Bankers or Government in the world is nothing but trial and error approach. Stagflation is decades long or worse century long problem. While stagflation needs 3 criteria (high inflation, stalled economy growth and high unemployment rate) to qualify for it, it just need prolong elevated inflation to kick start into it. <span style="color: red;">Misses the window of opportunity to curb elevated inflation either by slowing the pace of interest rate hike will be nothing but one step toward stagflation</span>.</p><p> </p><p><br /></p><p> <u><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" target="_blank">Tiger Brokers Singapore Invitation Code</a></u></p><div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="164" data-original-width="164" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv-aOEL3HBpzodai6LLecjpdJdQoBgDwuqYGu7EwQp-qpDpwtXdANIJgzdnLEumehMk_XhOpW81iQF7hlximzkjtfYGfZrvXMT35s0933sgFuAXupCDby4b-GHjL_C0tBqXIHXdcPkA28/s0/tigerbroker.png" /></a></div></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both;"><p><u><b>Singapore Covid-19</b></u></p><p><u><b><br /></b></u></p><div><span style="color: #800180; font-size: medium;"><b>柏杨写了一本丑陋的中国人,Covid-19却写了一篇丑陋的新加坡人</b></span></div><p><u><b><br /></b></u></p><div><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><u>打油诗</u></b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><br /></b></span><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>主将无能垮三军</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左士缺策只砸钱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右士辱人自被辱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左象无计只会泣</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右象理人理出祸</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左马略识色不分</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右马讲据终慢拍</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>小卒仗权乱闹事</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>大敌当前夸本领</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>火烧眉头方才悟</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>城门紧闭称闭窗</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>高傲自大多借口</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>知错不认真懦夫</b></span></div><p><br /></p><div><span style="font-size: medium;"><b><span style="color: #800180;">主动是它的名字<br /></span></b><b><span style="color: #800180;">领导者最佳战友<br /></span></b><b><span style="color: #800180;">为何小红点缺乏<br /></span></b><b><span style="color: #800180;">是否无勇气拥有<br /></span></b><b><span style="color: #800180;">是否缺远见拥有<br /></span></b><b><span style="color: #800180;">是否不知怎拥有</span></b></span></div><div><b style="font-size: large;"><span style="color: #800180;">还是不想去拥有</span></b> </div></div>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-29503250809034416992023-05-31T17:28:00.004+08:002023-06-01T01:26:35.914+08:00Portfolio -- May 2023<p> </p><p><b><span style="color: purple; font-size: medium;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></p><div dir="ltr" trbidi="on"><div dir="ltr" trbidi="on"><br /></div></div><div dir="ltr" trbidi="on">1. Increased Fu Yu holding by 3.57% at $0 cost</div><div dir="ltr" trbidi="on">2. Received Frasers Cpt Trust dividend of 6.13 cents/unit</div><div dir="ltr" trbidi="on">3. Received MapletreeInd Trust dividend of 3.33 cents/unit</div><div dir="ltr" trbidi="on">4. Received InnoTek dividend of 2 cents/share</div><div dir="ltr" trbidi="on">5. Received Fu Yu dividend of 0.6 cents/share</div><div dir="ltr" trbidi="on">6. Entitled to MapletreeInd Trust advanced distribution of 2.38 - 2.58 cents/unit</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$2.00</td><td style="color: blue;">+70.86%</td><td style="color: blue;">+121.60%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.27</td><td style="color: blue;">+149.24%</td><td style="color: blue;">+89.32%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$2.09</td><td style="color: blue;">+109.49%</td><td style="color: blue;">+57.68%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.13</td><td style="color: blue;">+25.02%</td><td style="color: blue;">+39.10%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.665</td><td style="color: blue;">66.50 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+96.28%</td><td style="color: blue;">+72.18%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.44</td><td style="color: blue;">44.00 cents/share</td><td style="color: blue;">4.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.21</td><td style="color: blue;">21.00 cents/share</td><td style="color: blue;">5.95 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.305</td><td style="color: blue;">+27.29%</td><td style="color: blue;">+12.39%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+8.28% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.93%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+4.98%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: red;">-18.58%</span><span style="color: blue;">, +0.02%</span><span style="color: red;"> </span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+4.98% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+17.89%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+18.37%</td><td style="color: blue;">+70.94%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+107.20%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-1.04%</b></td><td><br /></td></tr><tr><th>STI</th><th>28/4/2023 = 3270.51</th><th>31/5/2023 = 3158.80<span> </span></th><th>Change = <span style="color: red;">-3.42%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. Received Nordic dividend of 0.906 cents/share</div><div dir="ltr" trbidi="on">2. Readjusted Nordic Market Place after affirming the partly divestment.</div><div dir="ltr" trbidi="on">3. Readjusted Total Realized, Total Unrealized and Cash holding due to affirming the partly divestment of Nordic</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.455</td><td style="color: blue;">+402.07%</td><td style="color: blue;">+115.76%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.53</td><td style="color: blue;">--</td><td style="color: blue;">HK 131 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.25</td><td style="color: red;">-57.95%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+175.10%</td><td style="color: blue;">+60.91%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+51.91%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+45.26%</td><td style="color: blue;">+24.41%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+70.35%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+121.58%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: red;"><b>-0.63%</b></td><td><br /></td></tr><tr><th>STI</th><th>28/4/2023 = 3270.51 </th><th> 31/5/2023 = 3158.80</th><th>Change = <span style="color: red;">-3.42%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investment </span></p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-74823252313224646712023-05-27T14:29:00.005+08:002023-06-25T14:47:56.710+08:00STI Analysis -- the next peak and trough ? (117)<p>Continued from <a href="https://patiencemarketzone.blogspot.com/2023/04/sti-analysis-next-peak-and-trough-116.html" target="_blank">STI Analysis -- the next peak and trough ? (116)</a></p><p><br /></p><p> FTSE STI closed at 3,207.39 on 26th May 2023, practically unchanged for the whole week.</p><p><br /></p><p><u><span style="color: #800180;">Magenta -- STI Positive</span></u></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnFN1-0OjlOElZHhok1egrBUy0vwIgA4oTt93MrmmQtgXrpDc9Gl9aRGQH5KsLI7iPXz0Q2rapmZLqvy8S1wuxFzy2v0ERfAGjJWHxT_WURoC4lUhJ_-c4MewlL8VbVNJ3jm1xJP-oapeGY4cvb5IYQH8WVLqjXy70oaswC4xoW0QaIPEXBkIaR15w/s1673/sti-positive-27052023.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="867" data-original-width="1673" height="208" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnFN1-0OjlOElZHhok1egrBUy0vwIgA4oTt93MrmmQtgXrpDc9Gl9aRGQH5KsLI7iPXz0Q2rapmZLqvy8S1wuxFzy2v0ERfAGjJWHxT_WURoC4lUhJ_-c4MewlL8VbVNJ3jm1xJP-oapeGY4cvb5IYQH8WVLqjXy70oaswC4xoW0QaIPEXBkIaR15w/w400-h208/sti-positive-27052023.jpg" width="400" /></a></div><br /><p>Despite look like a rebound is coming, the EW count for this positive scenario still largely remain the same. For case 1 in which STI is in Intermediate ((c)) of Primary wave 2, the trajectory remain on course for further downside before Primary wave 2 ends. However, for case 2 in which STI could still be in Intermediate wave ((v)) of Primary wave 1 is still possible (lower possibility than case 1). This case is true if the rebound for the next couple of weeks allow STI to move above peak of Intermediate wave ((iii))) -- 3,466.23 so as to complete the Primary wave 1. Regardless which case, STI still yet to hit the bottom of Primary wave 2.</p><p><br /></p><p><span style="color: #38761d;"><u>Green -- STI Negative<br /></u></span></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbSJyMzhp-8YV36P9u759oUX3Y3rtgUkPs2VIvd5SFl4sJAqcvCXgRHZKG8l55XJjUi88Vx357gkgKlFntXh0fJ9-uJOnL-IBf_FDfpkgi5FUBQgtlfvFYzbEF0PKLzmJWk68jImLYVRxeZc5z3x5hyYaeG5dWCJUutnO7T_QetNYk4hJ9-6Dklazi/s1675/sti-negative-27052023.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="872" data-original-width="1675" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbSJyMzhp-8YV36P9u759oUX3Y3rtgUkPs2VIvd5SFl4sJAqcvCXgRHZKG8l55XJjUi88Vx357gkgKlFntXh0fJ9-uJOnL-IBf_FDfpkgi5FUBQgtlfvFYzbEF0PKLzmJWk68jImLYVRxeZc5z3x5hyYaeG5dWCJUutnO7T_QetNYk4hJ9-6Dklazi/w400-h209/sti-negative-27052023.jpg" width="400" /></a></div><br /><p>Largely expected, there shouldn't be any major movement in this scenario in term of EW count. For this scenario, STI is in Primary wave A of Cycle wave (C) of SuperCycle wave ((C)). Looking the perspective from time duration, the downward bias or bottom of SuperCycle wave ((C)) could drag for another 1 to 3 years.</p><p><br /></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPQSTk3Syw0FfBdqBpqkP-1GZ72gOlA744e0edOAYaMHs71LWJNu2uWRhMQDtHU6Nt7zcq9S6ls1KMpi2hfKVZ_9C_vz8u-yWv8UYyBJv_nQm3cHTomtaNuNNOErxUVBZ1GBFRvoYRZfskVbq5ZUZVnV3qSGyfZhW67UMjpRcsUHYCRoKieWbWRdwl/s2568/sti-27052023.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1342" data-original-width="2568" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPQSTk3Syw0FfBdqBpqkP-1GZ72gOlA744e0edOAYaMHs71LWJNu2uWRhMQDtHU6Nt7zcq9S6ls1KMpi2hfKVZ_9C_vz8u-yWv8UYyBJv_nQm3cHTomtaNuNNOErxUVBZ1GBFRvoYRZfskVbq5ZUZVnV3qSGyfZhW67UMjpRcsUHYCRoKieWbWRdwl/w400-h209/sti-27052023.jpg" width="400" /></a></div><p></p><p><br /></p><p>Above is the overall picture for STI EW count for both the positive and negative scenario from 1994 till now.</p><p><br /></p><p><u>Final Thought</u></p><p>On 25th May 2023 according to data, Germany has entered into recession after 2 consecutive quarters of GDP contraction. 2022 Q4 was hit with a 0.5% contraction and 2023 Q1 was 0.3% contraction. Though what it looks like was a shallow recession, Germany probably became the first nation in the world to enter recession now. Other nations include US are not spared too going forward. Majority of the policy makers and economists are just solely focusing on whether will or will not enter recession but forgetting the bigger picture. The elevated inflation couples with high interest rate is a big shark in the waiting to swallow the world economic situation. It is not a question of recession any more, it is a question of <span style="color: red;"><b>stagflation</b></span> should inflation remains at a elevated level and high interest rate for a prolong period of time. To avoid that, Central Bankers should not miss the window of opportunity to curb the inflation down to an acceptable level with tightening rather than trying the avoid recession and either halt or slow down in tightening. If stagflation does occur, this can easily develop into decades long or even a century long of problem for the world.</p><p><br /></p><p><br /></p><p><u><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" target="_blank">Tiger Brokers Singapore Invitation Code</a></u></p><div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="164" data-original-width="164" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv-aOEL3HBpzodai6LLecjpdJdQoBgDwuqYGu7EwQp-qpDpwtXdANIJgzdnLEumehMk_XhOpW81iQF7hlximzkjtfYGfZrvXMT35s0933sgFuAXupCDby4b-GHjL_C0tBqXIHXdcPkA28/s0/tigerbroker.png" /></a></div></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both;"><p><u><b>Singapore Covid-19</b></u></p><p><u><b><br /></b></u></p><div><span style="color: #800180; font-size: medium;"><b>柏杨写了一本丑陋的中国人,Covid-19却写了一篇丑陋的新加坡人</b></span></div><p><u><b><br /></b></u></p><div><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><u>打油诗</u></b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><br /></b></span><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>主将无能垮三军</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左士缺策只砸钱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右士辱人自被辱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左象无计只会泣</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右象理人理出祸</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左马略识色不分</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右马讲据终慢拍</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>小卒仗权乱闹事</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>大敌当前夸本领</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>火烧眉头方才悟</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>城门紧闭称闭窗</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>高傲自大多借口</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>知错不认真懦夫</b></span></div><p><br /></p><div><span style="font-size: medium;"><b><span style="color: #800180;">主动是它的名字<br /></span></b><b><span style="color: #800180;">领导者最佳战友<br /></span></b><b><span style="color: #800180;">为何小红点缺乏<br /></span></b><b><span style="color: #800180;">是否无勇气拥有<br /></span></b><b><span style="color: #800180;">是否缺远见拥有<br /></span></b><b><span style="color: #800180;">是否不知怎拥有<br /></span></b><b><span style="color: #800180;">还是不想去拥有</span>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-25449466456719487152023-05-13T15:52:00.000+08:002023-05-13T15:52:06.024+08:00Nordic Group Part 1.5 -- Another Objective Achieved<p>Nordic Group went XD on 8th May 2023 with a dividend distribution of 0.906 cents/share. With that dividend, the total dividend collected since 2014 (year of first investment) has breached the 100% mark. That is to say, the amount of dividend collected for all these years has surpassed the total capital being injected initially. Another perspective to look at it is <b><span style="color: #800180;">mathematically this investment is impossible to make a loss</span></b> even if divested.</p><p><br /></p><p>While delighted with this achievement, realized that a strategic action was being taken in 2021 in which <span style="color: #2b00fe;">30.12%</span> of the holding was being locked in <span style="color: #2b00fe;">at $0.355/share </span>(refer <a href="https://patiencemarketzone.blogspot.com/2021/11/stock-incubator-part-14-nordic-group.html" target="_blank">here</a>). That portion unfortunately didn't contribute to any dividend distribution since then. Now, want to consider that portion as <span style="color: #2b00fe;">being divested away</span>. This movement has some major implication to the overall holding and rate of return nevertheless. To make adjustment for that, the capital of that 30.12% was removed and whatever dividend collected since 2014 till 2021 for that portion also being chalked off from the total amount of dividend as recorded. However, one thing remained unchanged is the overall holding price, still being at $0.0902/share. To my shock, after rectifying those figure, the 100% dividend return mark was actually being achieved in the previous distribution in 17th Aug 2022 with a distribution of 1.162 cents/share. That is to say, <span style="color: #2b00fe;">the objective and mathematically impossible to make a loss was being achieved in 2022 instead</span> now. That was like a <span style="color: #2b00fe;">8 year period to achieve</span> that.</p><p><br /></p><p>So, what so special that it takes 8 years to achieve that ? Well, prior to this, the fastest was First Reit which took me 10 years (refer <a href="https://patiencemarketzone.blogspot.com/2017/07/journey-to-retirement-part-23-first-reit.html" target="_blank">here</a>). The next fastest was CapitaMall Trust (now known as CICT) 11 years (refer <a href="https://patiencemarketzone.blogspot.com/2020/11/journey-to-retirement-part-52.html" target="_blank">here</a>). MapletreeInd Trust was another that took me 11 years to achieve that but unfortunately, soon after achieving that due to a subsequent subscription of preferential offering, the dividend return fell back below 100%. For those that have done the 100% dividend return were all Reits and Reits are renowned for higher dividend rate compared to normal stocks. For Nordic Group, a normal stock, to be able to outperform a Reit in a knockdown fashion is something extraordinary !!!</p><p><br /></p><p>As of now, after considering the strategic action in 2021 as divestment, at current price of $0.46/share (as of 12th May 2023), the <span style="color: #2b00fe;">dividend return stood at 115.76%, an unrealized profit of 407.64%</span> with a holding price of $0.0902/share. This translate to <span style="color: #2b00fe;">an annual return w/o dividend of +19.78% and with dividend +22.55%</span>. If you think this statistic is very impressive, this is not the overall picture yet. Backtracking all those actions (strategic) that were being carried out since 2014, there is more to it.</p><p><br /></p><p>In 2017, 48.39% of the initial holding was divested at $0.32/share netting a capital gain of 207.60% and a dividend return of 19.95%, translating to a total gain of 227.45%. As a result of this divestment, the amount of profit is already more than the initial capital being injected, making the stock already mathematically impossible to lose money (refer <a href="https://patiencemarketzone.blogspot.com/2017/03/stock-incubator-nordic-group.html" target="_blank">here</a>). That was the first objective being achieved and took 3 years only. As such, now this dividend return hitting the 100% mark is just another increased in realized profit technically speaking. In additional, since 2014, strategic actions were carried out to increase the holding at $0 cost. As of now, the amount of holding being increased at $0 cost is 11.33% with reference to the initial holding. Due to this, the holding price also went down from the initial of $0.1072/share to $0.0902/share as of now without additional capital being injected. It is perhaps due to this strategic action that managed to hit the 100% dividend return mark just 8 years after first investment.</p><p><br /></p><p>Now, consider the perspective that since first investment in 2014 and nothing was done (divestment, increasing holding at $0 cost, etc) is it possible to hit the 100% mark dividend return all these years. Below are the list of dividend distribution since first investment in late 2014 (year 2014 didn't collect a single distribution as investment was done after 2014 dividend distribution)</p><p><br /></p><p>Year 2015 -- dividend of 0.65 cents/share</p><p>Year 2016 -- dividend of 1.1872 cents/share</p><p>Year 2017 -- dividend of 1.384 cents/share</p><p>Year 2018 -- dividend of 1.652 cents/share</p><p>Year 2019 -- dividend of 0.782 cents/share</p><p>Year 2020 -- dividend of 0.606 cents/share</p><p>Year 2021 -- dividend of 0.562 cents/share</p><p>Year 2022 -- dividend of 1.314 cents/share</p><p>Year 2023 -- dividend of 0.906 cents/share (as of now)</p><p><br /></p><p>The sum of dividend being added up all those years is 9.0432 cents/share. This is till below the initial holding price of 10.72 cents/share. It is still short of 1.6768 cents/share of dividend to hit the 100% mark and given the dividend record of the company, this might be able to achieve in <span style="color: red;">2024 fastest (10 years)</span> and very highly likely in 2025 (11 years). Even if it is able to achieve in 2024, that <span style="color: red;">is just get back the initial capital being injected (a mathematically impossible to lose money scenario).</span> On the performance, as of now, at price $0.46/share, this will translate to approximately +329% return and add in another +84.38% from dividend all with reference to the initial capital cost. This is what plain buy and hold can achieve.</p><p><br /></p><p>Now factoring in all those strategic actions that were being carried out since 2014 (partial divestment and increasing holding strategically at $0 cost, etc), the followings are achieved :-</p><p><br /></p><p>-- mathematically impossible to lose money achieved in just 3 years after first investing</p><p>-- dividend return hit 100% mark in 8 years compared with 10 years (fastest) on existing holding</p><p>-- realized profit from partial divestment in 2017 and 2021 translating to +203.18% with reference to initial capital cost</p><p>-- dividend return of those partial divestment in 2017 and 2021 translating to +19.76% with reference to initial capital cost</p><p>-- dividend return of existing holding since 2014 translating to +43.51% with reference to initial capital cost</p><p>-- <span style="color: #2b00fe;">Total realized (divestment + dividend) since 2014 translating to +266.46% with reference to initial capital cost</span></p><p>-- <span style="color: #2b00fe;">Unrealized profit at $0.46/share translating to +190.80% with reference to initial capital cost</span></p><p><br /></p><p>Should I divest the whole investment now at $0.46/share, with the plain buy and hold method, I could register a return of approximately +413% from both capital and dividend. On the other hand, for the one with strategic actions, this return would be +457.26% from both capital and dividend. It might look very little difference and one might argue if continue holding for another few years, the plain buy and hold method might be better (if price moves higher up). Well nobody can assure share price going forward will be higher or drop lower. Whereas for the strategic action method, one thing can be assured of is continue to increase holding at $0 cost going forward which will contribute to both dividend and capital return. <span style="color: #2b00fe;">Another key difference is as of now, the plain buy and hold method has yet to achieve mathematically impossible to lose money status whereas the later has already achieved that in 2017</span>.</p><p><br /></p><p><span style="color: #800180;">All those strategic actions are what being adopted from years of research on using Sun Tzu's The Art of War (孙子兵法) as a system for investment.</span></p><p><br /></p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-86452979096412086712023-04-30T11:33:00.004+08:002023-04-30T11:33:46.553+08:00Portfolio -- Apr 2023<p><br /></p><div dir="ltr" trbidi="on"><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/portfolio_12.html" target="_blank">Investment Portfolio</a></span></b></h3><div dir="ltr" trbidi="on"><br /></div></div><div dir="ltr" trbidi="on">1. No activity</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><!--<tr><td>CapitaR China Trust</td><td>--</td><td>$1.38</td><td style="color: blue;">138.0 cents/share</td><td style="color: blue;">6.35 cents</td></tr>--><!--<td><b>Cost</b></td><td style="color: blue;"><br /></td><td>$0/share</td><td></td><td><br /></td></tr>--><!--<tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><div style="color: blue;"></div><span style="color: blue;">+2.88%</span><br /><div style="color: blue;"><span style="color: purple;">(% of Income cost)</span></div></td><td style="color: blue;"><span style="line-height: 18.2px;"></span></td></tr>--><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock</th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><th>Income</th><th></th><th></th><th></th><th></th></tr><tr><td>CapitaMall Trust (CICT)</td><td>$1.155</td><td>$2.03</td><td style="color: blue;">+73.44%</td><td style="color: blue;">+121.60%</td></tr><tr><td>MapletreeInd Trust</td><td>$0.9067</td><td>$2.38</td><td style="color: blue;">+161.36%</td><td style="color: blue;">+85.65%</td></tr><tr><td>Kep DC Reit</td><td>$0.9946</td><td>$2.15</td><td style="color: blue;">+115.52%</td><td style="color: blue;">+57.68%</td></tr><tr><td>Frasers Cpt Trust</td><td>$1.6908</td><td>$2.21</td><td style="color: blue;">+29.75%</td><td style="color: blue;">+35.48%</td></tr><tr><td>Lendlease Reit</td><td>--</td><td>$0.70</td><td style="color: blue;">70.00 cents/share</td><td style="color: blue;">17.6329 cents</td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+102.94%</td><td style="color: blue;">+70.57%</td></tr><tr><th>Strategic</th><th></th><th></th><th></th><th></th></tr><tr><td>InnoTek</td><td>--</td><td>$0.48</td><td style="color: blue;">48.00 cents/share</td><td style="color: blue;">2.0 cents</td></tr><tr><td>Fu Yu</td><td>--</td><td>$0.21</td><td style="color: blue;">21.00 cents/share</td><td style="color: blue;">5.35 cents</td></tr><tr><td>STI ETF</td><td>$2.3423</td><td>$3.305</td><td style="color: blue;">+27.29%</td><td style="color: blue;">+12.39%</td></tr><tr></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+9.35% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;">+0.60%<span style="line-height: 18.2px;"></span></td></tr><tr><th>Blockchain</th><th></th><th></th><th></th><th></th></tr><tr><td>Crypto<span> </span></td><td><br /></td><td><br /></td><td style="color: blue;">+6.12%</td><td style="color: blue;"><br /></td></tr><tr></tr><tr><td><b>Variant (Value, Quantity)</b></td><td><br /></td><td><br /></td><td><span><span style="color: red;">-1.57%</span><span style="color: blue;">, +0.01%</span><span style="color: red;"> </span><br /></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td><span><span style="color: blue;">+6.12% </span><br /><span style="color: #800180;">(% Income cost)</span></span></td><td style="color: blue;"><br /><span style="line-height: 18.2px;"></span></td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized</b></td><td>**</td><td><br /></td><td style="color: blue;">+19.33%</td><td>--</td></tr><tr><td><b>Total Realized (Strategic)</b></td><td>**</td><td><br /></td><td><span style="color: blue;">+639.12%<br />+122.94% </span><span style="color: #800180;">(% Income cost)</span></td><td style="color: blue;">+54.89%<br />85.256 cents/unit</td></tr><tr><td><b>Total Realized (Portfolio)</b></td><td>**</td><td><br /></td><td style="color: blue;">+17.73%</td><td style="color: blue;">+70.62%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+83.37%</td><td>--</td></tr><tr><td><b>Total Portfolio</b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+108.33%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant</b></td><td><br /></td><td><br /></td><td style="color: blue;"><b>+0.48%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/3/2023 = 3258.90</th><th>28/4/2023 = 3270.51<span> </span></th><th>Change = <span style="color: blue;">+0.36%</span></th><th><br /></th></tr></tbody></table><br /><h3><b><br /></b></h3><h3><b><span style="color: purple;"><a href="http://patiencemarketzone.blogspot.com/p/potential.html" target="_blank">Stock Incubator Portfolio</a></span></b></h3><br /></div><div dir="ltr" trbidi="on">1. No activity</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on"><br /><table border="1" style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;"><tbody><tr><th>Stock </th><th>Holding Price*</th><th>Market Price</th><th>Unrealized Profit/Loss</th><th>Dividend Return</th></tr><tr><td>Nordic</td><td>$0.0902</td><td>$0.4388</td><td style="color: blue;">+384.69%</td><td style="color: blue;">+93.94%</td></tr><tr><td>Valuetronics</td><td>--</td><td>$0.515</td><td style="color: blue;">--</td><td style="color: blue;">HK 131 cents/share</td></tr><tr><td>Creative</td><td>$2.9272</td><td>$1.34</td><td style="color: red;">-54.87%</td><td style="color: blue;"><br /></td></tr><tr><td><b>Unrealized</b></td><td><br /></td><td><br /></td><td style="color: blue;">+197.06%</td><td style="color: blue;">+57.55%</td></tr><tr><th>Summary</th><th></th><th></th><th></th><th></th></tr><tr><td><b>Total Unrealized </b></td><td>**</td><td>--</td><td style="color: blue;">+67.31%</td><td>--</td></tr><tr><td><b>Total Realized </b></td><td>**</td><td><br /></td><td style="color: blue;">+32.29%</td><td style="color: blue;">+22.74%</td></tr><tr><td><b>Cash</b></td><td>--</td><td>--</td><td style="color: blue;">+65.84%</td><td>--</td></tr><tr><td><b>Total Portfolio </b></td><td>***</td><td><br /></td><td style="color: blue;"><b>+122.34%</b></td><td>--</td></tr><tr><td><b>Portfolio Variant </b></td><td><br /></td><td><br /></td><td style="color: blue;"><b>+0.55%</b></td><td><br /></td></tr><tr><th>STI</th><th>31/3/2023 = 3258.90 </th><th> 28/4/2023 = 3270.51</th><th>Change = <span style="color: blue;">+0.36%</span></th><th><br /></th></tr></tbody></table><br /><br style="background-color: #fefdfa; color: #333333; font-family: arial, tahoma, helvetica, freesans, sans-serif; font-size: 13px; line-height: 18.2px;" /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">* = Initial Buy Price + Average on Right Issue</span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: #333333; font-size: 13px; line-height: 18.2px;">** = Unrealized or Realized gain/loss in term of percentage with reference to total investment capital</span><br /></div><p><span style="background-color: #fefdfa; color: #333333; font-size: 13px;">*** = (total unrealized + total realized) with reference to total investment </span> </p>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.comtag:blogger.com,1999:blog-4586440646355404568.post-13381170201028271122023-04-22T20:23:00.001+08:002023-05-27T13:58:10.300+08:00STI Analysis -- the next peak and trough ? (116)<p>Continued from <a href="https://patiencemarketzone.blogspot.com/2023/03/sti-analysis-next-peak-and-trough-115.html" target="_blank">STI Analysis -- the next peak and trough ? (115)</a></p><p><br /></p><p>FTSE STI closed at 3,321.82 on 21st Apr 2023</p><p><br /></p><p><u><span style="color: #800180;">Magenta -- STI Positive</span></u></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhe8OwZyjkqaBrQQnMpp_Cp31WA1Yxyt-zsRB5v_7HeXzWDVxGP_J-V9ljU_4L5zMKCbQNk5CixTGFmEd1u-z2jizjqq79kdRtoQjLkqY9kbtgCSgdvk4_gddq09ILntYtzNIA0ud4-BhWhcL1sI8kx8r3QN8WSs6GdQB5uc22_cKfql0_yyCr4LLE1/s1676/sti-positive-22042023.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="876" data-original-width="1676" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhe8OwZyjkqaBrQQnMpp_Cp31WA1Yxyt-zsRB5v_7HeXzWDVxGP_J-V9ljU_4L5zMKCbQNk5CixTGFmEd1u-z2jizjqq79kdRtoQjLkqY9kbtgCSgdvk4_gddq09ILntYtzNIA0ud4-BhWhcL1sI8kx8r3QN8WSs6GdQB5uc22_cKfql0_yyCr4LLE1/w400-h209/sti-positive-22042023.jpg" width="400" /></a></div><br /><p>Like it or not after 1 month, there isn't any significant changes to the wave count for this scenario. STI probably is slowly edging toward the peak of the B wave for either Intermediate wave ((a)) or Intermediate wave ((c)) of Primary wave 2. Do note that for this scenario of the wave count, the near term upside is very limited before STI commences on the final fall of the corrective wave.</p><p><br /></p><p><u><span style="color: #38761d;">Green -- STI Negative</span></u></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjNtom8IBUg1EUNYgoFVRrbE_RwVXkfl3m1wqXAop3C22sqHW79jN7zmu3mcAx1_CGVsI-fxK9RDg1kGpykHzgz0_Nr8IYaoJ9VGzByJclyNPFQbrXCXLN1ivJQysfd_55cPRr_JZ3x0kwI7PPPu7RgpyJA7Ex4VQZ3tBHNbagzk6dmIZdby8siiU6P/s1674/sti-negative-22042023.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="874" data-original-width="1674" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjNtom8IBUg1EUNYgoFVRrbE_RwVXkfl3m1wqXAop3C22sqHW79jN7zmu3mcAx1_CGVsI-fxK9RDg1kGpykHzgz0_Nr8IYaoJ9VGzByJclyNPFQbrXCXLN1ivJQysfd_55cPRr_JZ3x0kwI7PPPu7RgpyJA7Ex4VQZ3tBHNbagzk6dmIZdby8siiU6P/w400-h209/sti-negative-22042023.jpg" width="400" /></a></div><br /><p>If the positive scenario shows little change, this negative scenario practically can be considered stall in which STI is in the Primary wave A of Cycle wave (C) of SuperCycle wave ((C)). For this scenario, the worst is yet to come and when it does, it shall be worse than most expected.</p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-eRDYAzH9ilfM5avTFEmYlTWRoyqcRnTW_C6bIyv_4DQhcaXM2XL3mfPHWcIy81smTkO1nIXZyFDuU-anLPn9ZHWBWVN1vZaZJBxHRl6m9Lb3prX5z6P9kbaInfa7YJXpEOMzhsOx3f-E25afdvLgbLNE567_hz4dSZgc6O9Nm_lnuQ7F7T3aC0q2/s2164/sti-22042023.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1128" data-original-width="2164" height="209" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-eRDYAzH9ilfM5avTFEmYlTWRoyqcRnTW_C6bIyv_4DQhcaXM2XL3mfPHWcIy81smTkO1nIXZyFDuU-anLPn9ZHWBWVN1vZaZJBxHRl6m9Lb3prX5z6P9kbaInfa7YJXpEOMzhsOx3f-E25afdvLgbLNE567_hz4dSZgc6O9Nm_lnuQ7F7T3aC0q2/w400-h209/sti-22042023.jpg" width="400" /></a></div><br /><p>Above is the overall wave count for both the positive and negative scenarios in the perspective of SuperCycle, Cycle and Primary degree of Elliott Wave analysis.</p><p><br /></p><p> <u><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" target="_blank">Tiger Brokers Singapore Invitation Code</a></u></p><div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://www.tigersecurities.com/accounts?invite=DEED6C" style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="164" data-original-width="164" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv-aOEL3HBpzodai6LLecjpdJdQoBgDwuqYGu7EwQp-qpDpwtXdANIJgzdnLEumehMk_XhOpW81iQF7hlximzkjtfYGfZrvXMT35s0933sgFuAXupCDby4b-GHjL_C0tBqXIHXdcPkA28/s0/tigerbroker.png" /></a></div></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both;"><p><u><b>Singapore Covid-19</b></u></p><p><u><b><br /></b></u></p><div><span style="color: #800180; font-size: medium;"><b>柏杨写了一本丑陋的中国人,Covid-19却写了一篇丑陋的新加坡人</b></span></div><p><u><b><br /></b></u></p><div><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><u>打油诗</u></b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b><br /></b></span><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>主将无能垮三军</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左士缺策只砸钱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右士辱人自被辱</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左象无计只会泣</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右象理人理出祸</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>左马略识色不分</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>右马讲据终慢拍</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>小卒仗权乱闹事</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>大敌当前夸本领</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>火烧眉头方才悟</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>城门紧闭称闭窗</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>高傲自大多借口</b></span><br /><span face=""arial" , "tahoma" , "helvetica" , "freesans" , sans-serif" style="background-color: #fefdfa; color: purple; font-size: medium;"><b>知错不认真懦夫</b></span></div><p><br /></p><div><span style="font-size: medium;"><b><span style="color: #800180;">主动是它的名字<br /></span></b><b><span style="color: #800180;">领导者最佳战友<br /></span></b><b><span style="color: #800180;">为何小红点缺乏<br /></span></b><b><span style="color: #800180;">是否无勇气拥有<br /></span></b><b><span style="color: #800180;">是否缺远见拥有<br /></span></b><b><span style="color: #800180;">是否不知怎拥有</span></b></span></div><div><b style="font-size: large;"><span style="color: #800180;">还是不想去拥有</span></b> </div></div>cclohhttp://www.blogger.com/profile/14152741233829141611noreply@blogger.com