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Been a while since my last blog post.
Hope everyone is staying calm as stock markets crash around the world.
I produced a video last night which I hope helped to calm some nerves.
Here is the link,
I do enjoy buying things when there is a sale.
I am dipping into my war chest and nibbling at OCBC and Alibaba
OCBC because I think it is still the cheapest amongst the three banks.
Annualising the regular dividend gives me a 5.5% yield.
Based on a 50% payout ratio, this is attractive to me.
Of course, there is also a special dividend on top of this but that is a bonus to me.
As for Alibaba, I have made videos on this and why I thought there was a good chance of seeing HK$160 per share again.
So, I added to my position as its price plunged to around HK$110 per share.
I will probably add if it goes to HK$100 per share as that is where I see a major support.
I always say we can never be too sure and that is why we need insurance.
A war chest is insurance.
Insurance has a cost.
In the case of a war chest, opportunity cost.
Some people don't like paying for insurance and prefer not to have it.
Well, different strokes.
As for my 1Q 2025 passive income, it amounted to $37,008.44.
This is a slight reduction from a year ago primarily because of a reduction in exposure to Sabana REIT.
Contribution from CLCT also reduced this year as China struggles to recover.
The reduction amounted to $2,000 or so which isn't a tragedy, to be sure.
However, I am aware that I will probably see a larger reduction next year as I expect lower contribution from IREIT as their Berlin property is being repositioned.
The expected higher dividends from DBS, OCBC and UOB should provide some relief as they form almost 50% of my portfolio collectively.
In closing, I apologize for not replying to comments as I do not have the mental or emotional capacity with stuff that has been going on in my life these few weeks.
All of us should have a plan, our own plan.
If AK can do it, so can you.
Bloggy Award
10 comments:
Made a shopping list waiting to buy various stocks! Pls take care AK
Dear Ak, Thank you for the post, truly appreciate it. Your post and video always bring peace and comfort. Am sure you are going through a difficult moment of your life. Stay strong, and do look after yourself well, then you can have the strength to look after other family members. Take good care and hope soon your side will be 雨过天青。 The sky after rain is always so beautiful! Warmest Wishes, SS
Hi AK,
Previously you mentioned that you may buy ireit at the price of $0.23. Is it still valid now? Thanks
Take good care of yourself AK and look forward to happier AK blogging and resuming full time gaming!
Hi AK, hang in there! It will all pass…
What DCF do u usually used for Alibaba, AK?
i'm using FCFE, net income without considering net capex with 8% rate, comes to about HK100
Clct financials getting worse and worse every single year. Doesn't help much now that the trade war going to impact china deteriorating economy even more. It was still ok before it went full retard on the new economy assets. Surprised that a veteren like u still holding
How do you encourage retail investors who are not equipped with institution investors' grand network of data /subscriptions to become better at making investment decisions by themselves?
These nstitutional investors may have better financial info which we may not have access to so then they have higher chance of making sound investment decisions.
Dear AK, I enjoyed reading your blogs and YouTube series, thank you for sharing your thoughts and views. Recently I came across an article by dan consultancy on Keppel Reit. In his article, he mentioned that a few Reit managers like Ireit Global, Lippo Malls pay themselves in units, resulting in downward pressure on the Reit's NAV. May I know your views on this as you had commented on Ireit Global few times. Link of the post below for your reference. Cheers.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.danconsultancy.com/post/why-i-sold-off-my-keppel-reit&ved=2ahUKEwjB1-D-2K-NAxV7RmwGHUkTDFEQFnoECBcQAQ&usg=AOvVaw0ZgVd9tRmq7Bhig9YgpQEU
Hi AK, thank you for sharing your thoughts. I am new here, but just wanted to share my appreciation.
Saw your comment on things going on in your life. Please take care. No matter what, your knowledge both past and present is a treasure chest for everyone who reads and learns!
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