Monday, June 29, 2020

Thinking about Capitamall now

Bought 1000 shares today
to make it a nice number of 8000 shares.
Buy when it is on a dip
and it is approaching the support of 1.9


I was thinking of shifting my focus on Capitamall
Instead of accumulating DBS
recently, there were many topics about the new digital banking license
and I feel that I have shown enough love for DBS for now
depending on whether the markets continue to dip
if it is low enough, I might start going aggressive on CMT
it is similar to DBS, just that DBS price is 10 times more
DBS is now around $20, and capitamall is around $2

Thursday, June 4, 2020

Bought HK land

Decided to buy HK land
now I have 2k worth of their shares
decided mainly because I think it is not likely US and China will split the world into 2.
For all the rhetoric, they will sit down on a table and work something out in the end.
Even if the worst does happen, at least there is still strong revenue from China and SEA.

HK land current valuation is also very good
PB ratio at 0.25, dividend yield at around 5%.
Very good debt ratio of less than 10%.
Dividend payout ratio is also around Capitaland, which is 30%.
Also they recently purchased a very big prime plot of land in Shanghai
So their properties now are equally diversified between SEA, HK and China.

I bought it with DBS share financing.
It might be less conversative than I wanted.
But hopefully my other shares arrive into the account quicker.
maybe I will top up some cash in the coming months.
If my calculation is not wrong, I can survive a 30% dip, but not a 50% one.
That is valuation about 1 mth ago.
Hopefully I can get it to around 50%.

Wednesday, June 3, 2020

Hong Kong Land thoughts

Have been researching on Hong Kong Land for these few days
Wanting to have more of it, but might not
USA removing the special status of Hong Kong will have an impact
Many are saying that USA will not, as it will damage them financially too
but US may want the world to decouple from China
And naturally Hong Kong will also be ignored
and would not mind letting it go into ruination
With China acting strong now, and US being aggressive since Trump
Things might just go that way
US will not mind having some economic damages
If both nations are acting tough, HK will just suffer.

But then again, the leader of China is XJP, not those wolf warriors
at the end of the day, he will use his clear mind to strategize and negotiate
So maybe I can still invest in HKL, by having faith in XJP

Tuesday, June 2, 2020

DBS has moved


Was very lucky, accumulated the number of DBS shares I wanted with CFD
which is 2k of shares. And with that, I have a total of 5000 DBS shares
I just need to pay of this 2k of DBS shares off
which is around 40k
But it is better to invest early than to invest on dips

Was apprehensive at first
after listening to a youtube channel that mentioned about Wedge price action
and the chart is showing a bearish wedge pattern
the resistance is at $20
and the lows have been increasing upwards
the logic is that the resistant is very strong at 20
when it is closer to the sharp point, it will collapse
Lucky I did not strictly adhere to the logic and bought with fundamental thinking
and also knowing that price below 20 is a very good price

I am also looking at Hong Kong Land now
still not really decided on it
the DBS shares is not a done deal, and hopefully it continue upwards with strength

Monday, June 1, 2020

Another 1k DBS

Bought another 1k of DBS CFD
Price is at $19.68
Which I think it fair considering the long term
I am more afraid of the share suddenly surging
and breaking the resistance line at $20.
now I can only hope that it does not go to $17.5
if not, I will lose $4k SGD

Some thoughts about why I bought
US banks have rallied, and Singapore banks may follow soon
SnP 500 do not look like slowing down
and broke another resistant zone recently.
Singapore REITs surged last Friday
and I was afraid they will turn attention to bank stocks soon
as DBS price below $20 is really very good