Author: My Sweet Retirement

Kingsmen Creatives Maintain Interim Dividend of 1 Cents for 1H 2019

On 8th August 2019, Kingsmen Creatives Ltd has released their 1H2019 financial results. Even though Kingsmen Creatives have reported an increase of 17.7% in revenue to S$172.8m, net profit fell a whopping 39.9%. Earnings per share fell 40.5% to 0.88 cents. The increase in revenue was mainly due to the contribution from several key events and projects in 1H 2019. However, the profit was eroded by higher operating expenses and employee benefit expenses incurred due to higher cost resulting from increased headcount from the new experiential attractions business and increased average wage. If you have followed Kingsmen Creatives closely, you...

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Screening For Dividend Stocks In August 2019

How do you find stocks to buy on the stock market? One of the way is to use a stock screener. There are several websites that offer such a tool to screen for stocks using conditions that you can set such as dividend yield, P/E ratio, P/B ratio and Market Capitalization etc. Some website that offers such a tool are Singapore Exchange, FSMOne and StocksCafe. For myself, I prefer to run my dividend stocks screening using StocksCafe as it allows me to save the conditions that I can pre-set. You can check out my review here on the StocksCafe...

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Get Three Dollars Free From ShopBackGo

I hope you guys have enjoyed the ShopBackGo promotion that I have shared previously (Read more: Shop For Free at Guardian Using ShopBackGo ) If you have linked your credit card to your ShopBackGo account and bought an item S$10 or less from Guardian during the promotion period, you should have seen how easy it is to get the S$10 cashback in your ShopBack account. Here is another great promotion from ShopBackGo. Simple link your Citibank Visa Card to your ShopBack Go and receive S$3 cash back immediately! No purchase required! If you use ShopBackGo and dine at another 3...

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Singtel Q1FY20 Results Dragged Down By Airtel

Currently, Singtel makes up 9% of my wife’s stock portfolio. On 8th August 2019, Singtel has released their 1QFY20 financial results. Singtel has posted a net profit of S$541 million that was down a whopping 35%. This was due to Airtel’s losses. There was no surprises that an associate losses can have a lot of impact on Singtel as 48% of Singtel’s net profit comes from its Regional Associates which consists of Airtel, AIS, Telkomsel and Globe. If we put the negative news about Airtel aside, below are the positives from the rest of the associates: Telkomsel in Indonesia posted...

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Three Common Workplace Problems

I was promoted to a manager in the year 2017. Time flies and it has been 2 years that I have been in the role of being a manager. In simple terms, a manager is suppose to manage people. Recently, I came across a book that highlights the common workplace problems that burden managers. It hit the nail right on the spot and this is the problem I faced currently at my workplace without myself realising it! Here are the 3 major problems that I currently faced at my workplace: 1. Staff Being Overdependence Being competent at work, I...

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Maybank Singapore National Day Time Deposit Promotion

If the OCBC Bank Singapore National Day Savings Promotion didn’t attract you, you may be interested in the above Singapore Dollar Time Deposit promotion from Maybank. You can choose between a 9 months or 12 months tenure period whereby the interest rate per annum is 2.10% p.a. and 2.22% p.a. respectively. This promotion is the best one I have found so far in terms of the interest rate it offers. Here is the catch for the time deposit offered by Maybank: You need to have a Maybank Current or Savings account. For every S$1,000 deposited into Maybank Current or...

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OCBC Bank Singapore National Day Savings Promotion

It seems that nobody is writing about this National Day Savings Promotion and I thought of sharing this with you. OCBC Bank is having a savings promotion whereby for every S$5,000 of fresh funds deposited into your OCBC Passbook and Statement Savings Account, you get S$54 in cash credit. However, here is the catch: Minimum is S$5,000 Must be fresh funds The funds deposited must be maintained in your OCBC account for 7 months It looks like a fixed time deposit promotion to me. If you are wondering how much interest rate per annum the above promotion is worth,...

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Frasers Logistics and Industrial Trust 3QFY19 DPU Is 1.82 Australian Cents

On 26th July 2019, Frasers Logistics and Industrial Trust announced their 3QFY19 financial results. The manager has declared a Distribution Per Unit (“DPU”) of 1.73 Singapore cents. This was a 3.9% decrease as compared to 1.80 Singapore cents in 3QFY18. If we looked at the Distribution Per Unit (“DPU”) in Australian cents, the Distribution Per Unit (“DPU”) was 1.82 cents as compared to 1.76 cents in 3QFY18 which was 3.4% higher. The DPU is still suffering due to the softening of AUD and EUR against the SGD. The exchange rate was A$1.00: S$0.9504 (3QFY18: A$1.00:S$1.0214). Occupancy Frasers Logistics and...

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September 2019 Singapore Savings Bonds is 1.95%

If you think the effective interest rate for August 2019 Singapore Savings Bonds is bad, this month is worse. The effective interest rate for September 2019 Singapore Savings Bonds (GX19090H) is 1.95% if you held it for 10 years. The interest rate is the lowest and the worst for the past 12 months. The minimum amount you can purchase for Singapore Savings Bonds is S$500. I am likely to skip this month issue of the Singapore Savings Bonds as the interest rate for 1 year is 1.65% which is lower than what fixed deposit offers (Read more: The Best Fixed...

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Summary of July 2019 Transactions

I have not made any buy or sell transactions this month except for my regular monthly purchase of the Singapore Savings Bonds. The effective interest rate for August 2019 Singapore Savings Bonds (GX19080E) is the lowest at 2.01% for the past 12 months if you held it for 10 years. Fixed deposits interest rates seem to have beat the Singapore Savings Bonds interest rate. (Read more: The Best Fixed Deposits of July 2019 ) As you can see above, Singapore Savings Bonds have taken up a major share of my stock portfolio. While some may argue that I should...

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My Personal Analysis of IREIT Global

I was casually screening for office REITs to add to my stock portfolio when I came across IREIT Global. Based on what I read about, the dividend yield of IREIT Global was estimated to be as high as 8%. The thought of “Is it really true?” came across my mind as most of the dividend yields of the REITs that I know of has dividend yield ranging from 4.7% to 5.5% given the current run up in most REIT prices which in turn cause the dividend yield to decline. On 30 April 2019, IREIT announced the introduction of a...

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Shop For Free at Guardian Using ShopBackGo

You are losing out if you have not heard of ShopBack. Basically, if you browse and buy something from an online store in ShopBack, you earn cashback from your purchases. You can withdraw the cash to your Bank account once you accumulated the minimum withdrawal amount of $10. ShopBack now has an added feature called ShopBackGo which is a cashback for restaurants and eateries. All you need to do is to link the ShopBackGo with any credit card, activate the cashback before you use your credit card to pay and the cashback will be credited to your ShopBack account....

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My Sweet Retirement Donates to Hair For Hope 2019

Half of the year 2019 has gone by. One of the goals I have set for myself for 2019 is to contribute back to the society and this is something I have not forgotten. I was inspired by The Fifth Person when I attended their Alpha Summit earlier this year. I have made a donation of S$200 to the Children’s Cancer Foundation. The amount may not seem a lot but I hope it does make a difference. In fact, the contribution comes from my Adsense earnings from My Sweet Retirement website. The purpose of starting this website is not...

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The Hour Glass Increases Dividend For The First Time

The Hour Glass is one deep value stock that has been paying investors consistent dividends over the past decades. Currently, The Hour Glass makes up 3% of my stock portfolio. Despite the company holding lots of cash, The Hour Glass has been paying investors a consistent pay out of 2 cents over the past few years. With the recent runup in stock price from S$0.65 to S$0.82, I thought I share some updates that I read about on The Hour Glass. The Hour Glass which deals with luxury watches has been suffering from the economy downturn over the past...

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SPH REIT 3QFY19 DPU is 1.39 Cents

I have recently added SPH REIT into my stock portfolio. SPH REIT has announced their 3QFY19 financial results on 11th July 2019 which kind of surprised me as their 3QFY19 financial results were pretty good and better as compared to the same quarter in FY18. Distribution Per Unit (DPU) increased  by 1.5%. Gross Revenue increased by 12.7% and Net Property Income increased by 14.2%. Below are the 3QFY19 financial results. 3QFY19 Financial Results 3QFY19(S$’000) 3QFY18(S$’000) Change Gross Revenue 58,333 51,769 12.7% Net Property Income 46,328 40,559 14.2% Distributable Income 35,953 35,205 2.1% Distribution Per Unit (“DPU”) (cents) 1.39 1.37...

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