Added FRASERS COMM TRUST into Portfolio =)

Welcome back to the dream team,
Frasers Commercial Trust

=)

Monthly Review of my Passive Income [March 2017]

Last year, i made a goal to see how much Passive Income i can generate from Stock Market and Unit Trust, be it from Dividend Income or Capital Growth. 

i had then shared the data collected in the earlier post.

below is the link if you had missed it earlier.

http://myfinancedepartment.blogspot.sg/2017/01/review-of-passive-income-for-2016-draft.html

this year, i thought i can made full use of the data i collected last year as a baseline to do a comparison for me to improve further. i always believe by comparing, makes you a better person.  

the post came abit late for March 2017 due to my work commitment and house shifting lately.

nevertheless, i present to you my kid's play.

Please click on the Picture to enlarge.

phew....

glad that i m still on the right path.

with this, i would like to end off the post with the picture below.

Continue to believe,

Eric Khoo

Jan 2017 Monthly Update

(click on the picture to enlarge)

For the month of Jan, capital gain had increase slightly from $800+ to $1100+,

however dividend income from Unit Trust dropped from $280+ to $240+ due to the divestment of certain funds for capital gain during last year.

好的开始是成功的一半 !

DBS initiates coverage on Jumbo at 'buy' rating with 68 cents price target

reference text from DBS

http://smr.theedgemarkets.com/article/dbs-initiates-coverage-jumbo-buy-rating-68-cents-price-target

Jumbo Group (Buy, target price at 68 cents)

Following the group’s 1H16 performance that saw a 14% y-o-y revenue increase and 42% earnings growth, he says Jumbo is on track to record even higher core earnings growth for FY16F. “Jumbo’s business fundamental is strong and cash generative. Its margin has been higher than its regional peers, with strong net cash balance and close to 30% ROE,” reflects Yong. DBS projects an earnings growth of 27% for FY15-18F through the seafood restaurant chain’s rapid outlet growth and better profitability.

Soilbuild REIT latest acquisition

The manager of Soilbuild REIT is buying an industrial property at 2 Bukit Batok Street 23 for $100.5 million. Soilbuild plans to enter into a master lease arrangement with the seller of the property, SB Westview Investment, which is a subsidiary of sponsor Soilbuild Group Holdings. 

The lease is for seven years. 

SB Westview will pay rent of $8 million in the first year with a step-up of 2% a year. 

Eric's view: lease of seven years with rent of $8 million for the first year with a step-up of 2% a year. where to find such good deal? 2 thumb up

A Day at FSM Invest Expo 2016

it was a fruitful day for my gf and i.
earlier yesterday morning along with her bff, we went to the "biggest" event hosted by Fundsupermart which they call it as "FSM Invest Expo 2016" hosted at Suntec Convention Hall 404.

well.. as compare to last year, it was indeed consider "big".
saw big names like Schroders, Aberdeeen, UOB, Nikko, Legg Mason and more.
visited most of their booths, but if u ask me what is the aim of visiting their booth. i couldn't answer it.

i went over one of the booth and asked the personnel, "any particularly reason(s) why u guys are prompting only this/these funds?"

he/she replied "oh, basically we base on the theme of this event and we came out with this/these." and then there was a awful silent, so i went off but back in my mind i was thinking, what is the aim of their sharing? i mean i can read these stuff online, all they have is just factsheet in their booth where these factsheet is readily available online. moreover they dont share alot on their fund. end result, they passed me their factsheet and i have to read myself. well...

crowds was consider ok for event like this.
there are basically 2 seminar halls. one was rather small (if u were there, u will know which one i referring to). because of the small seminar size, people was seen standing outside of the seminar hall. me? i skipped most of the seminars.

nevertheless there are alot of freebies to be grab. UOB Asset Management actually hired llao llao for free frozen yogurt to be given away. from the moment i reached the hall till the time i left the hall, the q is everlasting. another highlight is the free coffee booth by OWL Cafe. free coffee with every coupon exchange (found inside the goodie bag). not much q for the coffee. =)

overall, i collected alot of goodies from the event (see below) haha. and basically the only knowledge i took away is that FSM is offering 0% sale charge promotion from 11th June to 17th June 2016. with this, i declare a fruitful trip ! haha.