Tuesday, 31 August 2021

August 2021 Updates

Aug 2021
 
Local Portfolio Value after market close (excluding USD and HKD)

S$147,427.16

Purchase
 
3,000 shares of CLCT @ $1.35

500 shares of ESR Reit @ $0.40 (PO + Excess)

84 shares of Support.com @ $50.94 average price

Sold

None

Dividends
 
1) Suntec Reit @ $84.36
 
2) SingTel @ $192
 
3) DBS @ $198
 
4) OCBC @ $265.50
 
Total: $739.86

Short-Term Transactions

Sold 3 x FUTU Put 210820 at $85 strike with $1.90 premium. Closed early at $0.25.
Sold 2 x SPRT Put 210820 at $5 strike with $0.55 premium. Closed early at $0.05.
Sold 1 x NVAX Put 210827 at $200 strike with $0.83 premium. Closed early at $0.05.  
Sold 1 x AMC Put 210827 at $35 strike with $0.41 premium. Closed early at $0.04.
Sold 1 x SPRT Put 210917 at $26 strike with $11 premium. 
 
Summary

02 Aug 2021 STI Open: 3,161.22
31 Aug 2021 STI Close: 3,055.05
 
STI closed lower than the opening of August with a drop of more than 100 points.
 
In my update last month, I've mentioned that the STI is range bound between a narrow band of 3,100 - 3,200 and it would be good if it can break out from the resistance level of 3,250. 
 
Unfortunately it broke below the lower band. I will monitor the market more closely in the coming month.
 
 
For my SGD portfolio, I added 3,000 units of CLCT at $1.35 and 500 units of ESR Reit at $0.40. 

For the former, I was waiting for the price to drop to $1.33 for a long time but it remained steadfast above that level (think I blogged about it in last month's update). So ultimately I decided to pull the trigger and bought in at $1.35.
 
As it turned out, the share price started to drop on the next day. Life's like that.

At least I bought below the issue price of the recent DRP. Since I am invested for the long term, I am not worried on this solid counter.

With this addition, my current holding for CLCT stands at 12,100 units.

For the 500 units of ESR Reit, it is from the latest round of preferential offering + subscription of some excess to round up to lot size. 
 
With this my current holding stands at 10,500 units.

For my Syfe Core Growth portfolio, current TWR is 6.59%. Not too bad. Still a small experimental portfolio.
 
Have DCAed into this portfolio couple of days ago and plan to continue this strategy every month end.

For my USD portfolio, I added 84 shares of Support.com at an average price of $50.94. Silly mistake due to FOMO.
 
Nevertheless I believe many people have benefited from the run up of this stock. I saw some comments that this is a life changing event for them and I really felt happy for these people.
 
It's not everyday that one can experience that so a big congrats to them!
 
This month's options trading is pretty good for me.
 
After making a loss of S$481.99 last month, I made a profit of US$686.55 (~S$922.24) excluding the SPRT Put which I sold at US$11 premium expiring 17th Sept.
 
I was targeting to hit S$1K this month but fell short of it due to early closure of the options for better sleep at night.
 
Moving forward I will continue to use options to supplement my investable income.

For my Cryptos, I have 2.250 BAT from the Brave Rewards worth USD 1.82 currently 😊.

Wednesday, 4 August 2021

moomoo August Promotion - Latest Goodies (Pfizer & Haidilao)

Hey guys, for the month of August, moomoo by Futu SG has launched another refreshing campaign aptly named the "Multi-market Welcome Pack" campaign which runs from 02 Aug 2021, 20:00 hours to 31 Aug 2021, 19:59 hours.
 
 
For your easy sign up, just click on my referral link and proceed from there to start your journey with moomoo.
 
Apart from the usual free access to Level 2 market data for the US stock market and Level 1 market data for the SG stock market, here are the new goodies in the form of treasure boxes for this campaign.
 

Treasure Box No. 1

1) Follow 1 friend: Follow any user in the community and get 50 points.
 
2) Post 1 comment: Post 1 comment in the community and get 50 points.
 
3) Open a FUTU SG securities account: Successfully open a FUTU SG securities account and get 180 days unlimited commission-free trades* for the US stock market, HK stock market and SG stock market effective from the day of account opening upon successful account approval. (Only for New Customers)
 
* Commission-free trades do not apply to options, futures and China A shares.
 
4) Deposit SGD 2,700 into account: Successfully deposit SGD 2,700 or USD 2,000 or HKD 16,000 into your securities account and get 1 free Pfizer share.
 
Treasure Box No. 2

1) Learn to trade: Watch the video in the specified article and get 50 points.
 
2) Complete 3 trades for US Market: Make 3 completed trades for the US market and get 1 free Pfizer share.
 
3) Complete 3 trades for HK Market: Make 3 completed trades for the HK market and get 5 free Haidilao shares.
 
At this point of writing, 1 Pfizer share is worth USD 45.68 and 1 Haidilao share is worth HKD 27.55.
 
So just by completing the above few simple steps, you can receive 1 Pfizer share + 5 Haidilao shares worth about SGD 85.50.
 
It's not difficult to make 3 trades. Buying and selling a stock would count as 2 trades already.
 
Not to mention you will be getting 150 points as well. Notwithstanding these 150 points, it is super easy to earn points in moomoo.

Trust me. I've redeemed this cute Money Box from the list of moomoo's peripheral products before using 9,888 points (now it requires 12,000 points). At the moment I still have another 2,510 points and I am not even trading frequently! 
 
To learn more about the terms and conditions of this offer or to get your answers to some general questions, you can go to this link here.
 
So far my experience with moomoo has been pleasant and nothing short of being impressed by how engaging the platform has become.

A case in point where moomoo has continued to outdo itself: they are currently running a quiz where you can earn cash from it. Yes real cash.

I have briefly touched on this in my earlier July portfolio update. This is just one of the ways which moomoo has been engaging the users community.
 
If you ask me, I would say wait no more and join the platform now. Importantly, make use of this current promotion to earn yourself some free shares too.
 
I would appreciate too if you can sign up through my referral link.
 
Thanks in advance and enjoy the experience.

Review of Hill Street Coffee Shop Nasi Lemak (Looks Good But...)

Recently I read about a review on a certain Nasi Lemak where the reviewer raved about it so much so that being a glutton that I am, I know I have to try it one day.

So today I dropped by to the location which is at 978 Toa Payoh North, Grains & Hops coffee shop.

It took me quite a while to find the stall within the coffee shop because it does not even has a stall front. Only a wall with cabinets and a small wall opening.
 
This Nasi Lemak by Hill Street Coffee Shop is grouped under the Cloud Kitchen together with other stalls. And the ordering is quite a unique concept which I like.

Ordering of the dishes is done via a cash-less self-service kiosk similar to the fast food restaurant nowadays. After that a receipt is generated and your food will be placed inside a numbered cabinet for your collection.

This is a great way in minimising human contact which is especially important in the current climate.

Photo from Google

Now on to the food...
 
Photo by me
 
Upon opening the box, I can smell a nice aroma coming from within.

Photo by me 
 
The rice is nicely cooked.

The chilli while ok, lacks the punch.

The keropok has turned soft. Failed.

The chicken I ordered is lemongrass fried chicken but there is not even a hint of lemongrass.
 
I only managed to taste saltiness overall. And some part of the chicken is undercooked as evident by the pinkish red meat.
 
The skin is not as crispy as anticipated and the chicken is not warm. Hence it has probably been fried for some time already.
 
Photo by me
 
At $6.21, I would not say this is cheap for a Nasi Lemak. It would be worth the price if the above points can be rectified. If not, there's really no differentiation from other more economical (and nicer) Nasi Lemak and definitely nothing to justify this price point.

Would I be back?

Not for this dish. But maybe can give the other dishes a try when dine-in is allowed in future.

After all to be fair, the takeaway process might have affected the quality of it and sometimes a second chance is needed in life.

Sunday, 1 August 2021

July 2021 Updates

July 2021
 
Local Portfolio Value after market close (excluding USD and HKD)

S$146,878.60

Purchase
 
200 shares of Didi Global @ average $9.925

1 free share of Sundial Growers from moomoo's Father's day contest

2 free shares of Blackberry from two other moomoo's contests

Sold

None

Dividends
 
None

Short-Term Transactions

2 x AMC Put 210716 40 with $1.44 premium. Closed out early at $5.21.
1 x NIO Put 210730 40 with $0.30 premium. Closed out early at $0.16.
2 x expired TDOC Put 210730 141 with $1.94 premium
1 x DIDI Put 210723 9.5 with $0.06 premium. Took assignment.
2 x expired DIDI Covered Call 210730 11 with $0.07 premium

Summary

01 July 2021 STI Open: 3,124.19
30 July 2021 STI Close: 3,166.94
 
STI managed to nip the bud and closed above its monthly opening after it has closed below its monthly opening for two consecutive months.
 
However it seems that the index is still range bound between a narrow band of 3,100 - 3,200. It will be good if it can break out from the resistance level of 3,250. Meanwhile there are still individual counters for possible long term investment entry.
 
 
For my SGD portfolio, there is a gain of around S$4K due to the run up in share price of the Reits and banks.
 
No transactions were done. 

Looking forward to the next round of dividends coming next month.

Finally MAS has announced the lifting of restrictions in the dividend payout of our local banks.

I'm not surprised by this news but I am surprised by the timing of it because it was only last month that they gave an indication on this.
 
I must say they acted pretty fast which of course, I am not going to complain about.

This news has likely been priced in since the share price of the 3 local banks did not really rally after the announcement.

However I'm more looking forward to the reinstatement of the dividend payouts to pre-Covid levels which will be a boost to my passive income.

ESR Reit has announced another round of preferential offering. I will likely be subscribing but whether to opt for more, I am still undecided.

Was looking to grab some CLCT at around $1.33 but didn't managed to do so. Its share price moved up to $1.40 after it announced a good set of results.

Either way I am happy. Chances always come back.

For my Syfe Core Growth portfolio, I am seeing a lower TWR which should be a result of the share price plunge of the chinese stocks. However it would be more meaningful to see the returns and review the portfolio when it turns one.
 
Have DCAed into this portfolio couple of days ago and plans to continue this strategy every month end.

For my USD portfolio, I added 200 shares of Didi Global (DIDI) at an average price of $9.925 for this month.
 
100 shares were bought from the market at $10.35. The other 100 shares were assignment from a put that I wrote.

I also received free shares of SNDL and BB, won from some contests in moomoo.
 
I really like the fact that there are frequent questionnaires, quizzes and contests in moomoo that one can participate to win points and free shares which to be honest, are quite easy to get.

If you still haven't sign up with moomoo, here's my referral link if you wish to do so.
 
You can check out the other sign up goodies here too.

By the way they are currently running a quiz where cash coupons can be won. The quiz questions are quite easy and for each correct answer you gave, you get a chance to draw from a gachapon machine.

It's quite fun and so far I have accumulated S$7. Hopefully I can get the S$88 or S$1,888 on the next rounds.
 
This month's options trading is a mixed bag of results for me.
 
After collecting ~S$900 worth of premiums last month, I made a loss of S$481.99 this month mainly due to the 2 AMC Puts which I decided to close early as I did not want to take assignment for now since I already have some existing shares bought in January this year.

I did took assignment for the DIDI Put that I wrote at 9.5 strike price as this counter is one which I have been eyeing but didn't buy when it got listed earlier this month. 
 
Reason is because I felt more margin of safety is necessary for this counter due to its fundamentals and the manner in which it rushed through its IPO despite concerns from the chinese authorities.
 
My personal take is that it was facing pressure from the cornerstone investors to list fast for profit-taking reasons. 

As it turned out, the backlash from the authorities came fast and furious. I'm glad I opted for the increased MoS.
 
Other than these, the other options are profitable ones. The 2 x TDOC Puts expired with decent total premium of US$388 (~S$525).

Moving forward I will continue to use options as part of my tools to supplement my investable income.

For my Cryptos, I have 2.000 BAT from the Brave Rewards worth USD 1.27 currently 😊. Well at least that is something.

Tuesday, 27 July 2021

Half Year Review of My US / HK Portfolio Performance

Time really flies. It seems just like yesterday when I made the first step investing into the US and HK stock markets as part of my plan for geographical diversification as mentioned here.
 
An equally important reason for doing so is because I wanted to add in some growth element into my overall portfolio approach and naturally I turned to the huge potential in these markets.

Notwithstanding the above, my SGD income portfolio is still an important part of my overall investment strategy because it provides a good and stable base for me to 'fight' it out in the overseas markets.
 
In a nutshell,

SGD Income Portfolio - Solid base of regular dividends
US and HK Portfolio - Exciting capital growth
Syfe Core Growth portfolio - Separate passive growth basket

However, this post will be excluding my Syfe portfolio which I am building up separately.

Today marks the half year mark of me depositing my first funds for the overseas market and hence I felt it would be appropriate to do a quick review on my performance so far.

Total Capital Invested: S$20,000

Current Return at Point of Writing: S$22,882.52

Total Realised & Unrealised Profit: S$2,882.52

Well, slightly over 10% returns in 6 months. I can't say I am satisfied with this since just 1 - 2 weeks ago I was looking at about 20% returns.
 
Nevertheless a profit is always better than a loss.
 
This decline can largely be attributed to two main reasons as follows:
 
1) Couple of PUT options which I closed out early with a loss this month as I decided not to take assignment for now. Perhaps I will write more about this in my monthly update for July.
 
2) The fall in share price of the chinese stocks in recent days. 
 
From the beginning to now, I have pivoted from dabbling in a mixture of Growth + "meme" stocks to mainly Growth + Mega Caps + Options now.
 
My current holdings (excluding option positions) are as follows:
 
Microsoft (MSFT)
Apple (AAPL)
Didi Global (DIDI)
BABA (9988.HK)
AMC Entertainment (AMC)
Blackberry (BB)
Sundial Growers (SNDL)

The latter two are free stocks won from some contests in moomoo.
 
Moving forward this shall remain my strategy. Hopefully when I do my first year review the returns will be much better!

Lastly, just sharing my referral links as below for moomoo and Tiger Brokers, both of which I am using.

If you like to sign up for these brokers I would greatly appreciate in you using my link to sign up. Cheers!


 
Referral code for Syfe: SRPTZHC7V

Thursday, 8 July 2021

My Portfolio Lineup (Season 2021)

Since it seems quite fun, I took a leaf from my fellow investors and created my own lineup as well.
 
 
I used my favourite 4-3-3 attack-oriented formation to push forward while maintaining a solid back four.
 
The Achilles heel of my team is the relatively weak bench.
 
Sub Bench
 
ESR REIT - So far failed to perform to expectation
MNACT - Suffering from recent loss of form
SingTel - Former star player, injury prone with potential to recover
Sundial Growers - A free transfer but suspected drug taker
 
Suspension
 
RHT
 
Transfer

Our scouts have recently identified several exciting players and we are in the midst of negotiating on a possible transfer for a potential young player. 

Might be arriving in coming days. We will make the official announcement once the medical has been passed and squad number assigned.

Wednesday, 30 June 2021

June 2021 Updates

June 2021
 
Local Portfolio Value after market close (excluding USD and HKD)

S$142,981.25

Purchase

None

Sold

None

Dividends
 
MNACT @ $131.96
Netlink Trust @ $204
Ascendas Reit @ $534.85
OCBC @ $86.26 + partial scrips
MLT @ $216.10
ESR Reit @ $80
DBS @ $108
 
Total: $1,361.17 + partial OCBC scrips

Short-Term Transactions

1 x expired AMC Put 210604 24 with $1.06 premium
1 x expired AMC Put 210611 24 with $1.65 premium
1 x expired AMC Put 210618 31 with $1.60 premium
1 x expired AMC Put 210618 40 with $0.58 premium 
2 x expired AMC Put 210625 35 with $0.42 premium
1 x expired JD Put 210625 69 with $1.14 premium 
 
Sold 2 x AMC Put 210716 40 with $1.44 premium  

Summary

01 June 2021 STI Open: 3,187.23
30 June 2021 STI Close: 3,134.22
 
STI closed below its monthly opening for the 2nd consecutive month after 4 months for rise. It also dropped below last month's closing.
 
It could have been worse if not for today's jump in the share price of the 3 local banks after MAS signalled the possibility of dividend payouts reverting to pre-Covid levels. However this is subject to further stress test by MAS before anything will be confirmed.
 
For my SGD portfolio, there is a negligible (slight) drop in value with no transactions done. 

This month I received a total of S$1,361.17 in dividends + partial OCBC scrips.

Didn't make any transactions this month for this portfolio.
 
When I have no time to go through annual reports, I usually as a minimum, try to read the Chairman and CEO message in the reports.
 
Read the messages for MLT and MNACT annual reports last week. Gained some insights from the messages.
 
Have wanted to blog about the summarised results and some of my thoughts but didn't managed to do it so far.
 
Anyway in a nutshell MLT is impressive as usual while MNACT is less so. Outlook for the former is great while that of the latter is more uncertain.

For my Syfe Core Growth portfolio, I am seeing a higher month-on-month return so far with this month's reaching the highest based on TWR. However would be more meaningful to see the returns and review the portfolio when it turns one.
 
Have DCAed into this portfolio yesterday and plans to continue this strategy every month end.

For my USD portfolio, no transactions were made for this month.
 
Currently seeing a 260% paper profit for one of my counters. Will continue to let it run and monitor closely. It has been ranging in a tight band recently and has tested the resistance a number of times which should weaken the level.
 
Might have a chance to break out higher.
 
Collected S$903.23 of option premiums this month with the expiry of 7 Puts in AMC and JD.com.
 
Other than these, I have sold another two Puts this month for AMC, expiring 16/7/2021 with a strike price of $40 and premium of $1.44.
 
As seen above, I am making full use of the volatility in AMC to earn some income. I certainly don't mind if this continues.
 
Usually for far OTM Puts with near DTE, premium is usually quite lousy. But the volatility in this counter means one can continue to get decent premiums even for relatively safe options.

Moving forward I will continue to use options as part of my investment / trading tools to supplement my investable income. 

Although I have been saying that I have not touched cryptos yet, recently I realised I actually have a crypto!

And that is 1.750 of BAT, worth a grand total of USD 1.01 currently. Well at least that is something.