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%.

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

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

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

New discovery to hedge

Just realized that I can hedge
cause I wanted to buy DBS shares
With share financing
But both Poems and OCBC are taking very long to open account
The way to hedge it to take a position with CFD
using my IG account, which was there all along
It really eases the anxiety,
when I am not sure when I can get my new accounts
and also fearful that the share price will go up
currently, DBS shares is below 20
it is a great price, as it has dividend yield more than 6%
and that is based on the old dividends
moving forwards, dividends may increase to 1.33
which will bring dividend yield to 7.3%

Later in the day, Singapore government will announce another stimulus package
Called Fortitude
Not sure how much will it cause DBS to rise
I am hoping to buy another 1000 DBS shares on CFD
as I hope to own 5k DBS shares coming out of the crisis.
Coincidentally, today is supposed to be the day we receive DBS dividends
Hopefully I am getting 2k if I am not wrong
Once I see it in my account, I might pump that money into IG again
and buy the other 1000 DBS CFD

Also did some stress testing on the CFD positions
The 1000 DBS shares that I buy,
if it falls to $18, it will incur a loss of $1400.
And good thing is it will not be margin called yet.
Maybe it is a good thing that I only have limited funds in IG account
It can be an auto stop loss
But to me, it may not be very likely
The price seems quite stable now
The SNP 500 is starting to breaking the resistance zone of 2975

So what does this have to do with the share financing account?
When the share financing account is set up, I will buy 500 shares each in Poems and OCBC
and every time I buy 500 shares, I will sell 500 shares in IG
So in a way, I am using the CFD positions as a hedge in case the price rise in future.

Nibbled Cromwell Reit

Its frustrating waiting for my share financing account
with Poems and OCBC
Using them because I want to use DBS shares as a collateral
and buy more DBS shares
To make myself feel a bit better
I bought a bit of Cromwell
After reading their Q1 report
Looks good

I think this is a first time I describe my purchase as nibble
only spent around 2k SGD
and it is done using share financing with DBS
will transfer 4k more worth of shares into that account

when times are good like now
when things are on discount
it is good to buy periodically
maybe fortnightly.

Mental stress test

Went to OCBC bank today
To open securities account
and also tried signing up for Peoms
Both for share financing
Peoms is surprisingly easy to sign up
but i had fear about put my biggest counter outside of CDP
but thought that it is a gd idea to put 1k shares in each for collateral
hopefully by the time they are set up, DBS is still at a good price

also did some mental stress test
and realization
that my DBS share financing account
should hold on about purchasing more shares
wanted to buy 500 OCBC today
as they have a lower non-interest income
which will not be affected so much by interest rate cut

so the calculation of the stress test
i injected 23k worth of shares into the dbs share financing
i bought 15k shares (capitamall, Cromwell, Aims)
but 5k (cromwell) is not marginable
the main thing is you have to imagine when shares fall 50%
less likely especially now that shares have already fallen 20%
but peace of mind is more important

so 23k + 10k = 33k (total asset value)
33k /  = 16.5k (another crisis hit, 50% drop)
16.5k / 15k = 110%, which is lower than 140%
and will trigger a margin call

I need 21k as the nominator, which is 4.5k extra
but it can be solved by adding cash funds
50% drop is unlikely at this moment
but it is always good to prepare mentally