A bit of Tencent and JD.com

Added another 10 shares of Tencent.
Did not buy 20 which is the usual lot I will buy for US share.
This is because it may fall further due to the persistent trade war, so I settled for the middle.

Also bought JD.com. Was looking at it since yesterday.
But was interested in it after watching Richard Liu's interview.
What is the difference between Ali Baba and JD.com?
JD.com ships the product by themselves, Ali Baba relies on 3rd party logistics.
To me, JD.com wants to build a very quality foundation, which is their logistics.
Richard is very focused on the customers' shopping experience.
As the people of China get richer, JD.com's quality will become valuable.
Also, JD.com shares have plunged alot.
Their sales per share in 2017 was US$37, and their current share price is US$26.

Future is China

Bought Baidu and Tencent shares.
Was happy to know that I can buy Tencent shares from TD Ameritrade (under stock quote TCEHY).
Great as I do not need to pay for custodian fees.

I bought Baidu as the PE is good (20), and their half year profit is already up 35% (i think..).
They are like the Google of China, even if they slowly get destroyed by Ali Baba or Tencent, it may not be so soon.
They are also investing in AI, and doing the self driving project in China.
If there is a financial crisis, it will still do okay as people with no money can still surf net for free (and they may use the internet even more).

Out of the BAT (top 3 China shares), I like Tencent the most.
They are omnipresent.
I bought it later than the other 2 because I did not know how to buy them.

I am starting to like China shares, and will look to increase the portion in my portfolio.
And now is a decent time, as US and China might be having a trade war.
And China shares are tanking.
It is impossible or hard to stop China from becoming mighty and powerful.
Their urban population will burgeon even more, due to migration from rural areas.

However, China shares is something that I do not have a good feel of.
I do not use their products or services, I can only read up on them.
All I know is that I feel uneasy about the rising power of China, just as I feel the same for AI and automation.
So investing in them will help me be part of the evolution, turning my fear into an opportunity.

DBS finally

Just bought DBS shares, only the minimal.
Was not hungry for it, rather just bought it as the fundamentals are decent.
My thinking is that there are 2 types of timing to buy shares.
One is to gradually increase your investments, rather than always wait for a crash first.
This should be slow and steady, and when the PE is at least not ridiculous.
DBS PE ratio is around 15.
The other timing is when there is a crash, a great discount for your shopping wants.

One reason for me to pull the trigger was because their half yearly net income was up 20%.
If the price descend into $22.5 area (the next resistance zone), I would buy another portion.

Currently the financial market is uncertain, as there may be a looming trade war between US and China.
So it is always important that you have a stash of fund to inject gradually if there is a crash.
Currently my cash is around 20% of my portfolio.

Liking for Ali again

Bought 5 shares of Ali Baba.
Used to own it with IG account, but lost interest for it to buy it back.
But recently I liked it again.

They worked with Starbucks to open a very futuristic Starbucks.
Shows that they are keen to modernize China.
Buying them might mean catching on China's growing middle class.

They bought Lazada and also many other SEA companies.
I like and use Lazada. They are basically capitalizing on the growth of SEA.

Had a talk with my father about my fear of China.
But I understood more about the situation. China is open in some ways, and I can fairly invest in them. They are open to competition.

They bought and own South China Morning Post. They hired a Ivy League young man of 30+ age to run it, and kept producing quality news on my Facebook.
But recently I read that they may have the mission of changing the world view of China using soft power.

The CEO Jack Ma seems to have a decent character. On the long run, it is important for making sound decisions for the company.

Technically it is also a good time to buy, as they reached one of the support zones @ $171.

I am also grateful to have cleared out most of my shares in IG just before the recent dip.
Now I only have Google and Uniqlo in the account.

Another lot of Tesla added

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.

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.

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.