First REIT

Another stock that is added into my portfolio.

Like Silverlake, it was also hit by bad news.
Some reports mentioned that they plan to list in Indonesia, after Widodo took over the government and offer better incentives for companies to list.
Because of Widodo, I also foresee good potential in Indonesia.
Widodo seems to have quite a modern thinking, and there is a surge in internet start-ups.

I always liked First REIT, and the price has dropped to a level where I feel I am better off than those people who bought at the peak of 1.4.

Their PE is around 12, which is boring.
But their current Dividends is around 7%. A good boost to the free money I can collect monthly.

And I like the business of health care, and I wanted something to capture the trend of rising aging population.

Another thing is that the CEO has also been recently amassing its share.

Silverlake

I bought it. Currently their decline was due to a short seller saying bad things about them (around august 2015). Things like the CEO is doing things for his own benefits, or the company has many funny transactions to make itself seem more profitable.

In Jan this year, their audit report came out and say that they are pretty ok.

The price has not yet picked up.
I researched on the company.
Their CEO seems to be a math genius.
I always wanted to invest in internet companies.
The only one I have is iFast, which I do not really have a good idea what they are doing.
Silverlake help major banks with their back end systems.
They are further integrating even more things.
And also expanding their type of clients.
They mentioned that they do not want to expand so fast to an extend that it is not sustainable. Something that I like to hear.
In many things, I always believe in having a strong foundation.

I am happy to have another tech stock in my portfolio.
And hopefully they can go on to take over a greater portion of the world.
It has the most potential to have a nuclear growth among all my shares.

Switch of construction stocks

Relative to the size of my portfolio, there had been some heavy transactions in the start of 2016.

I sold Low Keng Huat and bought Lian beng.

Both transactions were around the same amount, just different no. of shares.

I did this as I do not want to add another construction share.

I always liked Lian Beng.

Their low-budget website (I interpret it as they do not spend on fancy stuff).

Their crazy PE ratio of 1.8.

Their annual net income growth.

Their agility due to smaller size. They seem to bid for minor government projects that they can earn. They seem to be practical and take on jobs that are required and they can earn.
They also went into JV with another company to build dormitories for foreign workers, and did a decent and clean job.
I think there are many big companies that do not want to take on smaller jobs, because they may think they are more glamorous.
Lian Beng gives me a feeling of they are practical, and they do not mind doing things what others do not want (hardworking and down to earth).

Many other reasons.

And I sold Lau Keng Huat as their earnings are declining.

And the reason why I bought them in the first place was not very valid.

They own Carnivore, a restaurant that has decent food, but seems to be disappearing into the dark.

They do not really have any properties that I respect.

So it made perfect sense to be to swap my share of LKH to Lian Beng.

Trading comeback?

Its been a long time since I posted.
And now when I am looking at my screen, I think it is a different monitor.
For my job, I bought a big monitor as I needed to bring work back sometimes.
And boy, is it a good change.
It is much better for my back and eyes.
O, and a new table too, about 2 times bigger.
Feels good too, I have more space and more stuff.
But organized at the same time.
And o, I also bought 2 new watches.
To switch around at work.
They are not expensive, but I got inspiration from youtube channel Urban Gentry.
Ya, I wasn't a big fan 6 months ago.
Well, many changes, but there are still many things to learn and improve.

So, I was thinking about trading again.
This time, I want to follow the flow.
Like silver's decline, I want to be part of that.
Like stocks' rise, I want to be part of it.

Many of the things I learnt and read before, I still remember.
3 portions of bet to allow for flexibility in decision making.
Support and resistance.
Maybe this time, I want to know what I am playing.
I do not really know about currencies.
But I know commodities is doing like shit.
Oil is sinking.
This time, maybe I should just follow the trend.
But still playing by old rules.

The above is silver daily chart.
I drew 2 lines.
I am looking to sell (long term trend).
But I am waiting for the price to rise close to the 2 lines.
Then maybe I will enter.
But I think the amount to bet is very high.
But the idea is something like that.

Sembcorp, new job, etc

Looking back at my previous post, surprisingly its was May.

Today is the first day of August, and I have gathered many thoughts.

I am 1 month and 2 weeks into my new job.

I got my first pay check, and was glad about the amount I have. 

It seems like a pretty good jump, even though it is for 1 mth and 2 weeks.

But it will be a good push for my resources compared to my previous job.

I learnt so many within this 6 weeks, and if I update my resume, it will make it look significantly better.

Hopefully I can continue to hang on to this job, and accumulate more skills and experience.

Few days ago, I also had a few thoughts on shares that I am interested in.

For now, it is quite an favourable period of time.

Many stocks are dipping, but not drastically.

My feelings are that stock market may longer be like the past, where there are very big falls, causing recessions and crisises.

I believe the people and the media are now smarter and knowledgeable, and high lights weakness and problems much faster than before.

So my thoughts are that stocks may be more stable than compared to the past.

But the downside is that it may be harder to buy stocks that are severely under-valued.

4 shares I am monitoring are SMRT, SBS, SPH and Sembcorp Industries.

I might buy Sembcorp Industries next week, maybe on Wednesday.

Why?

Previously when I bought SI, I only bought half of what I wanted.

I like to buy progressively, to give me more peace of mind and better control.

Currently, it is reaching its previous low, which is around 3.2.

I hope to get it at around 3.3.

If it dips further, I might buy around 2, which is the price in 2009 crisis.

The other share that I am enamored with is SPH.

Recently, it purchased some shares of QOO10, which I believe is one of the game changers of retail industry.

Nevertheless, what I like about SPH is that it is starting to change its direction, and invest in many small internet companies.

I fear the internet, as I fear the advance in technology might make me jobless one day. 

So to allay the fears, I try to start investing in them now.

I still did not dive in and buy the shares, as the PE ratio is 17.

I think I will just wait and see patiently, as my comfortable PE ratio is 15.

SBS has PE of around 30+, and I prefer SMRT.

I like SMRT because I see it also as the future of transport.

My management friends at the new job all have a view that they might be switching to take public transport in future.

Renewing of COE is crazily expensive, and also it is stressful to drive in the morning.

The government is also aggressively trying to improve the standards of public transport.

But the PE ratio is also quite high, and I will continue to wait and see.

Job

Job gives better return than stocks at this moment in my life.
I have a 20% increase for my next job. Pretty awesome and higher than my expectation (and considering I just got 5% increment 2 months ago).
Can you imagine if it is stocks, it is like saying that my monthly dividends grew by 20%. That is only plausible in a career. Stocks is a very slow and steady game.

Anyhow, for the new job, what matters most is the job scope
(I would have accepted a much lower pay package. But thanks to my outspoken headhunter, I got a good deal).
Nowadays, I see it as investing in myself to become a more valuable person.
So I will grow in value in the working world.
I start the new job in June 2015.
Most importantly, I hope all goes well til then. Although I am excited, I can only take one step at a time.

When my new job starts, I hope I can survive and prove my worth.
If I can at least survive in the job for 2-3 years, the future may be brighter.
It looks quite impressive on a resume.

Though it is a smaller listed local company, I am working under one of the big shots there.
She described the role as a right-hand man, and I am the only analyst under her.
I am hired to analyze all aspects of the company's business in Singapore.
So I really get to learn a lot, at the same time, learn from the best.
The new job will give me a big leap in business and social education.
The reasons why I was chosen for the job is because of my stellar excel skills (vba) and decent presentation ability. Both of which I am grateful for my current company for the opportunities.

For my level of academic achievements (which is crap), it is not easy to find someone impressive to work with and learn from.
This time, my perception of working is different.
I am highly motivated, and put the job above many things.
It is the first time in work where I feel I really want to strive hard.
The previous jobs I had, I do not have the feeling that I am willing to be a dog for the boss. It is because, it is pretty hard to win my respect.

Anyway, I just leave the stock market as it is now.
Currently. it is just dancing up and down, nothing special.
Buffet said, when there is nothing to do, do nothing.
So now, I am focusing my attention on the current main income of my life, which is work.
If there is a substantial collision that happens in the market, I have an amount of cash (not big, it should be viewed as an allocation of your total cash and stocks) ready to be injected into shares.

But for now, my mind is all on the new job.
I hope all goes well til I start my next job, I survive in the new job, I learn and I can do well in it gradually.

Cheers.

742 - New love in Stocks, but I still care for Forex

Above 1st chart has some good price actions. Weak bearish pin, followed by bearish engulfing.
But looking at the long term trend (Daily candles), it is bullish. So, I will still leave trading alone.