Update on Cache Logistics Trust's rights issue

- 18-for-100 rights issue at $0.63 apiece has been subscribed by 1.87x.

- The $102.7m rights proceeds will be used to pare debt, with aggregate leverage expected to be lowered from 43.4% to 35.5%.

- Pro forma FY16 DPU will be diluted to 6.882¢ from 7.725¢ from the 18% increase in unit base

Received MM2 Asia 2MM Talent Hub F&B Voucher Worth $38 =)

MM2 Asia Shareholders Benefit =)

Quote of the Day

Sold CMT with nett profit ;)

STI Market has been running high non stop, this few days market has been rather weak. Only Bank stocks (DBS, OCBC & UOB) are running and basically the bank counters determine if STI should landed in green or red for the day.

For me, i prefer to take profit.
These few days, i had been take profit on few of my favourite counters such as FEHT, ThaiBev and today CMT.

No right or wrong answer. Market might go up and higher or go down and lower, only god knows and big boys know.

Sold FEHT with nett profit ;)

Not intending to fight the Market, decided to sell off all my holding in FEHT. FEHT has been a slow and steady counter. Last month, it finally wake up from his long sleep.

Nevertheless, FEHT is one of the undervalue REIT comparing to all its REIT peers and is yielding around 6% dividend yield per year.

My only concern is that FEHT does not have fancy growth news like its industry peers such as OUE HT or CDL HT. Therefore came to my conclusion: Fight another day!

Sold ThaiBev with nett profit ;)

Market has been quite weak lately, SG Market had been affected and I decided to take profit on one of my Favourite Counter: ThaiBev.

See my older ThaiBev related post below

1. Added THAIBEV into Portfoilio =)
2. Sold Thaibev and ST Engineering with nett profit ;)

Singapore and Brunei celebrate 50 years of Currency Interchangeability Agreement

 Yeah! Manage to get 1 copy for personal collection!

Have you gotten yours too?

Yeo's Fun Series Can Drink

In the earlier post,
I shared about Yeo's Fun Cola.
You can view it here again.
https://myfinancedepartment.blogspot.sg/2017/03/yeos-fun-cola.html?m=1

Today, I was at Giant supermarket (by Dairy Farm) I notice another new "Fun" series product. This time round are Zesty Citrus and Lemon Lime Twist (both comes with Vitamin C some more)

Another plus point is that they are selling at 3 for $1 only and if you have Passion Card or is using Credit Card to pay, you get some rebate back. In short, it is less than a dollar for 3 cans.

Havnt try it yet. Therefore no sharing on the taste portion but I guess it won't be that bad either. How bad can it be with sugar inside? Haha.

NetLink Trust & Union Gas IPO

Yeah! Manage to get 3000 shares via IPO balloting.

1st Sigh: for the past dont know how many IPOs, price always (without fail) open higher than indicated IPO amount. This time round, open flat. Zzzz

2nd sigh: ok fine... price open flat.

2 days had past, price didnt went up but instead it went down till $0.80. Hello... Is it a trap or what? haha. quite disappointing.

well... it's a business trust, people say.

lets wait for the consistent dividend payout.

Next Upcoming: Union Gas IPO

applied but didnt manage to get any shares.

Union Gas IPO 7.1 times subscribed

Good luck to those who got shares allocated.

i guess it should open higher tomorrow.

=)

Added FRASERS COMM TRUST into Portfolio =)

Welcome back to the dream team,
Frasers Commercial Trust

=)

4 Reasons to buy OUE Hospitality Trust

4 Reasons to buy OUE Hospitality Trust

1. According to Changi Airport Group (CAG) traffic numbers, passenger movements were up +4.6% YoY in May, and up +5.3% YoY for the Jan-May period. 

2. Changi Airport will see the first commercial flights use Terminal 4 in the coming weeks, as part of the final phases of trials ahead of the new terminal's official opening. 

3. Lastly, Luxury skincare line: Cle de Peau Beaute has opened its 1,012 sq ft flagship store at Mandarin Gallery; taking up previously unoccupied space at the mall. 

4. OUEHT is currently trading at 6.4% dividend yield.

BreadTalk 17th Anniversary Special Offer

Calling for all BreadTalk's lover!!

From 7 to 14 July 2017
Breads (Excluding Floss series Bread) are selling at $1 each.

FYI, Floss Series breads are selling at 5 for $7.
still consider cheap ($1.20 each).
=)

Secura Group Limited has been awarded a contract of ~S$3.15m for the provision of security services at two purpose-built facilities in Singapore for a duration of two years.

Another million dollars deal

: )