Tesla has reached a resistance zone after dipping.
It is probably due to the news about self-driving Uber car killing a person.
Or just bad news about its production line to deliver the crazy demand of its Model 3.
Why did I want to buy again?
I just thought their numbers are very good.
1 Share cost US$313.
Sales per share in 2017 was US$70.
And this sale is when they are very behind schedule to deliver the heavy demand of Model 3.
What will their sale be when their manufacturing starts to improve over time?
In my opinion, US$313 seems like a good price in proportion to their sales when it is still far from their potential.
Go Elon!
Also closed my Amazon position (of 1 share) in IG account.
Think it made more than US$500.
Now, the IG account has only Uniqlo and Google left.
Want to bleed less from the daily charge, and also be more prepared in case there is a crash.
Currently my war chest has been reduced by recent buying of local REITs and US shares.
But it is still at a good amount.
Another push factor for closing the Amazon share was because EU just announced to tax the tech giants more.
Even so, there is not much movement in the share price.
Wednesday, March 21, 2018
Tuesday, March 20, 2018
Another lot of Facebook
Facebook is currently tanking, due to breach of users' data.
They banned Cambridge Analytica (or something), which helped Trump in election before becoming president.
I think the Analytica guys came out with some psychology test to get people to share their data.
But just had some sudden thoughts.
Facebook PE ratio now is 30.
If they doubled their profits again this year, their PE ratio will be 15 next year.
They have doubled their earnings in 16 and 17.
Another thought also hit my mind.
If there is a crash, people will still be using Facebook.
People may not be buying on Amazon or Apple.
I think it is a good chance to take advantage of this downswing and increase my stakes in the FANG.
Also took the chance to offload Apple share in IG account.
Earned me around USD660 profit since I bought it in 2016.
It is my least favorite amongst the tech giants, as I am an Android fan.
Also good to lower my exposure in case of a crash, since I just bought Facebook.
Also cut my daily fees in IG platform.
They banned Cambridge Analytica (or something), which helped Trump in election before becoming president.
I think the Analytica guys came out with some psychology test to get people to share their data.
But just had some sudden thoughts.
Facebook PE ratio now is 30.
If they doubled their profits again this year, their PE ratio will be 15 next year.
They have doubled their earnings in 16 and 17.
Another thought also hit my mind.
If there is a crash, people will still be using Facebook.
People may not be buying on Amazon or Apple.
I think it is a good chance to take advantage of this downswing and increase my stakes in the FANG.
Also took the chance to offload Apple share in IG account.
Earned me around USD660 profit since I bought it in 2016.
It is my least favorite amongst the tech giants, as I am an Android fan.
Also good to lower my exposure in case of a crash, since I just bought Facebook.
Also cut my daily fees in IG platform.
Singtel, Viva Commercial Trust
Bought both shares these few weeks.
Like Singtel for its consistent dividends (5%), and also its business shift into Analytics and Cyber Security.
Also bought it because it dipped to a resistance level. Bought it at 3.39.
For Viva, like it because it is more invested into Business Parks. Smaller % on logistic and others.
Business Park in my view are offices that are not located in prime areas.
The other stock is Mapletree Commercial Trust.
But I did not buy that as it has risen in recent times.
Viva still has very attractive dividend at around 8%.
And though the share price also rose, but not much in my memory.
It was 0.8 in 2015, and I bought it yesterday at 0.89.
Also considered OUE and Mapletree Greater China.
Did not buy them in the end.
Greater China has properties in prime China cities.
But much of its rental yields also come from their retail.
Their properties are mix of retail and office.
I am interested in office.
For OUE, I liked it as it is a simple and elegant stock.
They have 3 beautiful office properties, one facing Marina and another in CBD.
The 3rd one is in China.
Their Price / Book value is very good at 0.5.
But I decided against buying OUE.
Singapore wants to spread offices into all 4 corners in Singapore.
They will also have good transport network, especially MRT in maybe 5 years time.
Properties in CBD will go down.
That is maybe why OUE Price / Book value is so low.
Finance companies might be disrupted in future, and many of them are in CBD.
Even Google, a company that I think will be massive, and is already massive, has Singapore HQ located in a Business Park (owned by Mapletree Commercial REIT).
Nowadays I am hungry for high dividend stocks.
It is a great feeling to earn dividends every year, and I hope it increase it.
It will take pressure away from your job and life.
If ever you don't have a job, you have soldiers of dividend shares to support you slightly.
I have to keep in mind to have a backup cash to pour into when there is a crash.
Need to balance between increasing investments and being defensive at the same time.
Like Singtel for its consistent dividends (5%), and also its business shift into Analytics and Cyber Security.
Also bought it because it dipped to a resistance level. Bought it at 3.39.
For Viva, like it because it is more invested into Business Parks. Smaller % on logistic and others.
Business Park in my view are offices that are not located in prime areas.
The other stock is Mapletree Commercial Trust.
But I did not buy that as it has risen in recent times.
Viva still has very attractive dividend at around 8%.
And though the share price also rose, but not much in my memory.
It was 0.8 in 2015, and I bought it yesterday at 0.89.
Also considered OUE and Mapletree Greater China.
Did not buy them in the end.
Greater China has properties in prime China cities.
But much of its rental yields also come from their retail.
Their properties are mix of retail and office.
I am interested in office.
For OUE, I liked it as it is a simple and elegant stock.
They have 3 beautiful office properties, one facing Marina and another in CBD.
The 3rd one is in China.
Their Price / Book value is very good at 0.5.
But I decided against buying OUE.
Singapore wants to spread offices into all 4 corners in Singapore.
They will also have good transport network, especially MRT in maybe 5 years time.
Properties in CBD will go down.
That is maybe why OUE Price / Book value is so low.
Finance companies might be disrupted in future, and many of them are in CBD.
Even Google, a company that I think will be massive, and is already massive, has Singapore HQ located in a Business Park (owned by Mapletree Commercial REIT).
Nowadays I am hungry for high dividend stocks.
It is a great feeling to earn dividends every year, and I hope it increase it.
It will take pressure away from your job and life.
If ever you don't have a job, you have soldiers of dividend shares to support you slightly.
I have to keep in mind to have a backup cash to pour into when there is a crash.
Need to balance between increasing investments and being defensive at the same time.
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