CDG's price has fallen to a 3-year low, amidst competition from Grab & Uber on it's Taxi business.
Depending on how you look at it, this makes the current price of $2.44 attractive in my opinion.
SG Young Investment did a nice analysis of CDG: ComfortDelGro Stock Analysis
With that in mind, I have added 600 shares in CDG. With my previous purchase of 400 shares at $2.60, this purchase of 600 shares at $2.44 brings down my average share price to $2.50. It's still a little high but let's see where this will go, especially with the recent announcement of the opening of DTL Stage 3 in October 2017.
Friday, 16 June 2017
Tuesday, 30 May 2017
SingTel & ComfortDelGro
Both SingTel and ComfortDelGro share price fell this month.
Here's what I know:
SingTel fell to the 3.6 range and ComfortDelGro fell to the 2.4 range.
Singtel's drop was due to a large sellout from Henderson Global Investors (HGI), a US130b global fund manager, due to the rising competition in SingTel's key markets, resulting in a 4% drop.
It was deemed to HGI that aside from Indonesia, most of Singtel's regional businesses aren't very attractive.
As for ComfortDelGro, it released it's 2017 Q1 earnings, which showed a revenue decline though it was able to grow its profit.
It expects to see growth in the Public Transport Services business but expects revenue declines in almost all of its other businesses including Taxis, Automotive Engineering services, Inspection and Testing, and Car Rental.
Hence the drop in share prices for each of them respectively. Now that I've invested my money in them, it is essential for me to track each counter in the news and monitor them closely. I wouldn't have been so interested in these had I not been in investing. Nice to know how things are unfolding out. A new learning experience everyday!
Another recent lesson:
After speaking to some of my friends, I was told to take a look at the 52-week price of the particular Counter. One mistake I did was buying SingTel at such a high price ($3.91). SingTel's 52-week range was $3.59 - $4.35. Now that I've known, Singtel would have been attractive in the $3.60 to $3.70 range. So I clearly bought it at the higher end and could have waited and monitored it for a better price. Silly me.
Nevertheless, I will still be holding on to both Counters and will be using Dollar-Cost Averaging to help me bring down the price I've paid for each Counter. For example, if I buy 500 shares of Singtel again at $3.60, it brings down my average price paid per share to $3.75. Not bad considering I have the advantage of time and will be holding them in the long term.
Here's what I know:
SingTel fell to the 3.6 range and ComfortDelGro fell to the 2.4 range.
Singtel's drop was due to a large sellout from Henderson Global Investors (HGI), a US130b global fund manager, due to the rising competition in SingTel's key markets, resulting in a 4% drop.
Singtel owns Optus, the second-largest telecommunications company in Australia, and also has stakes in Advanced Info Service Pcl and Intouch Holdings Pcl in Thailand; Bharti Airtel in India; Globe Telecom Inc in the Philippines; and Telekomunikasi Selular PT in Indonesia.
As for ComfortDelGro, it released it's 2017 Q1 earnings, which showed a revenue decline though it was able to grow its profit.
It expects to see growth in the Public Transport Services business but expects revenue declines in almost all of its other businesses including Taxis, Automotive Engineering services, Inspection and Testing, and Car Rental.
Hence the drop in share prices for each of them respectively. Now that I've invested my money in them, it is essential for me to track each counter in the news and monitor them closely. I wouldn't have been so interested in these had I not been in investing. Nice to know how things are unfolding out. A new learning experience everyday!
____________________________
Another recent lesson:
After speaking to some of my friends, I was told to take a look at the 52-week price of the particular Counter. One mistake I did was buying SingTel at such a high price ($3.91). SingTel's 52-week range was $3.59 - $4.35. Now that I've known, Singtel would have been attractive in the $3.60 to $3.70 range. So I clearly bought it at the higher end and could have waited and monitored it for a better price. Silly me.
Nevertheless, I will still be holding on to both Counters and will be using Dollar-Cost Averaging to help me bring down the price I've paid for each Counter. For example, if I buy 500 shares of Singtel again at $3.60, it brings down my average price paid per share to $3.75. Not bad considering I have the advantage of time and will be holding them in the long term.
Friday, 7 April 2017
Second Step In
Upon realizing the disadvantages of owning shares in small numbers, I've expanded my share volume in each of the counters.
So now let me just wait and see how it goes from here.
Addition of 300 shares in Ascendas REIT, 200 shares in ComfortDelGro, and 300 shares in SingTel.
I have also added 1000 shares of Keppel DC REIT into my portfolio.
No.
|
Counters
|
No. of Shares
|
Market Price (SGD)
|
Total Value Based on Market Price (SGD)
|
Allocation (%)
|
| 1 | Ascendas REIT | 400 | 2.520 | 1008 | 19.4 |
| 2 | ComfortDelGro | 400 | 2.520 | 1008 | 19.4 |
| 3 | Keppel DC REIT | 1000 | 1.215 | 1215 | 23.4 |
| 4 | SingTel | 500 | 3.910 | 1955 | 37.7 |
| Total SGD | 5186 | 100% |
So now let me just wait and see how it goes from here.
Tuesday, 4 April 2017
The Outcome of my First Purchase
Somehow, for unknown reasons (to me), the purchase for Keppel DC REIT and SPH REIT did not materialize. So what I am left with is Ascendas REIT, ComfortDelGro and SingTel.
So this is my current portfolio:
So this is my current portfolio:
No.
|
Counters
|
No. of Shares
|
Market Price (SGD)
|
Total Value Based on Market Price (SGD)
|
Allocation (%)
|
| 1 | Ascendas REIT | 100 | 2.520 | 252 | 16.4 |
| 2 | ComfortDelGro | 200 | 2.520 | 504 | 32.8 |
| 3 | SingTel | 200 | 3.910 | 782 | 50.8 |
| Total SGD | 1538 | 100% |
It is interesting to note now that through this purchase I have found out the fees charged for buying stocks.
| Contract 1 | Contract 2 | Contract 3 | |
Security
|
Ascendas REIT
|
ComfortDelGro
|
SingTel
|
| Price | 2.520 | 2.580 | 3.910 |
| Quantity | 100 | 200 | 200 |
| Proceeds | $252.00 | $516.00 | $782.00 |
| Brokerage: | |||
| Amount | $25.00 | $25.00 | $25.00 |
| Clearing Fee | $0.08 | $0.16 | $0.25 |
| SGX Trading Fee | $0.02 | $0.04 | $0.06 |
| Total Amount | $277.10 | $541.20 | $807.31 |
| GST @ 7% | $1.76 | $1.76 | $1.77 |
| Net Amount | $278.86 | $542.96 | $809.08 |
| Average Price | $2.79 | $2.71 | $4.05 |
So in essence, even though Ascendas REIT sells for $2.52/share, I paid $2.79/share due to brokerage fees. This is my first lesson here that purchasing shares in small amounts is expensive and the charges add up to a larger percentage of my purchase.
I believe this also means that for me to Break-Even with my purchase, lets say for Ascendas REIT, the share price has to go up to $2.79. And then there is also another set of fees charged on selling shares. So the break-even point could be somewhere around $3.06 if the fees charged are similar.
With all that in mind, I have added in another $3000 into my portfolio and the details will come in the next blog post.
Thursday, 30 March 2017
Day 1
Today is my first day into the world of investing...
So I've started this blog to note down my decisions on my journey in investing. One day I can look back and track my growth as an investor and learn from whatever mistakes I've made.
I'm totally new to all this and I'm learning along the way. So far, I've only read a book; The Little Book of Common Sense Investing. Definitely still have a long way to go. Now I am now reading The Five Rules For Successful Stock Investing.
I have put aside $6000 for investing, and for this first step, I am going to take it a little at a time and limit myself to $2000.
So, for today's purchases, my decisions are based on the Market Research by OCBC sent from my representative broker daily.
Based on their research, these stocks are part of a list of undervalued shares given the BUY rating.
My choices below are based on their stability, dividend returns and total returns in terms of their growth.
So here's my first portfolio:
So I've started this blog to note down my decisions on my journey in investing. One day I can look back and track my growth as an investor and learn from whatever mistakes I've made.
I'm totally new to all this and I'm learning along the way. So far, I've only read a book; The Little Book of Common Sense Investing. Definitely still have a long way to go. Now I am now reading The Five Rules For Successful Stock Investing.
I have put aside $6000 for investing, and for this first step, I am going to take it a little at a time and limit myself to $2000.
So, for today's purchases, my decisions are based on the Market Research by OCBC sent from my representative broker daily.
Based on their research, these stocks are part of a list of undervalued shares given the BUY rating.
My choices below are based on their stability, dividend returns and total returns in terms of their growth.
So here's my first portfolio:
No.
|
Counters
|
No. of Shares
|
Market Price (SGD)
|
Total Value Based on Market Price (SGD)
|
Allocation (%)
|
| 1 | Ascendas REIT | 100 | 2.52 | 252 | 12.8 |
| 2 | ComfortDelGro | 200 | 2.52 | 504 | 25.5 |
| 3 | Keppel DC REIT | 200 | 1.205 | 241 | 12.2 |
| 4 | SPH REIT | 200 | 0.97 | 194 | 9.8 |
| 5 | SingTel | 200 | 3.91 | 782 | 39.6 |
| Total SGD | 1973 | 100% |
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