tag:blogger.com,1999:blog-7944902213075756335.post4159660755987904416..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): Sabana REIT: 1Q 2012 DPU 2.26c.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger47125tag:blogger.com,1999:blog-7944902213075756335.post-71761261541198531122012-06-01T22:28:06.498+08:002012-06-01T22:28:06.498+08:00Hi William,
It doesn't matter which broker yo...Hi William,<br /><br />It doesn't matter which broker you use because it should be credited into your bank account on the day it is payable.<br /><br />However, if you are using a margin account, then, it could take a few more days because the money goes into your broker's account and they have to issue a cheque to you or bank it in for you. <br /><br />Have a good weekend. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71692194776793235402012-06-01T19:11:41.254+08:002012-06-01T19:11:41.254+08:00Hi AK,
I am using dbsvickers. My broker ask me to...Hi AK,<br /><br />I am using dbsvickers. My broker ask me to just wait and never tell me how long ? Hmmm... 1 week, 2 weeks ? Guess I will just wait for 1 week and see. If still not received, I will ask again next week.<br />Anybody using dbsvickers and having the same issue ?<br />It's Friday again, enjoy your weekend. :)<br /><br />Tks.Williamhttps://www.blogger.com/profile/14358957134016476157noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-34813375176810961942012-06-01T12:01:02.680+08:002012-06-01T12:01:02.680+08:00Hi William,
The REIT went XD on 25 April, iirc. S...Hi William,<br /><br />The REIT went XD on 25 April, iirc. So, you should be eligible for income distribution. I got paid a couple of days ago.<br /><br />I think you should give your broker a call.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-4347846171531694032012-06-01T11:23:04.965+08:002012-06-01T11:23:04.965+08:00Hi AK
Do you know how long do we need to wait to r...Hi AK<br />Do you know how long do we need to wait to receive sabana's dividend ? <br />Remember I mentioned earlier in the post that in purchased sabana on 23-apr. Till now I have not received the dividend credited to my account yet, so far all my dividends are credited on same date.<br />Who should i check with ? Any advice appreciated.<br />Thanks.<br /><br />Rgds William.Williamhttps://www.blogger.com/profile/14358957134016476157noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17135311778297470242012-05-08T14:54:08.432+08:002012-05-08T14:54:08.432+08:00Hi Kah Hwee,
Officially, all trades have to be se...Hi Kah Hwee,<br /><br />Officially, all trades have to be settled T+3 but brokers could look the other way if payment is a day or two late. Some don't give face though and would just close your position...AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-66206646949749915322012-05-08T01:33:26.705+08:002012-05-08T01:33:26.705+08:00INVS 2.0, i think is just like normal trading wher...INVS 2.0, i think is just like normal trading where you need to make paymet by T+3, after which the broker will force sell for you if you did not make payment. Then depending on price, you will get contra wins or pay contra losses.<br /><br />Most brokers allow until T+5 thoughLKHhttps://www.blogger.com/profile/02824932131042542771noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-72635602587652619902012-05-07T20:42:57.792+08:002012-05-07T20:42:57.792+08:00Hi INVS 2.0,
I have no idea how it works but that...Hi INVS 2.0,<br /><br />I have no idea how it works but that is good news! :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-76746757445726542742012-05-07T17:14:28.494+08:002012-05-07T17:14:28.494+08:00Hi Ak71,
Got a reply from DBSV that my cash acco...Hi Ak71, <br /><br />Got a reply from DBSV that my cash account is not a margin account and does not incur penalties when prices are down. :/INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-40247478719058926322012-05-07T15:22:45.608+08:002012-05-07T15:22:45.608+08:00Hi INVS 2.0,
Hope that everything turns out OK fo...Hi INVS 2.0,<br /><br />Hope that everything turns out OK for you. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-13162488779174185212012-05-07T14:25:10.470+08:002012-05-07T14:25:10.470+08:00Hi Ak71,
And also time to clean up the mess that...Hi Ak71, <br /><br />And also time to clean up the mess that the margin causes. :(<br /><br />Hope I won't be asked by the bank to pay up. My warchest is reserved for a time like this, not for margin call ups.INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-13772560699803681892012-05-07T13:48:25.613+08:002012-05-07T13:48:25.613+08:00Hi INVS 2.0,
Mr. Market does not like the electio...Hi INVS 2.0,<br /><br />Mr. Market does not like the election results in France and Greece. Let us hope it is not going to be a contagion.<br /><br />If things should do a Titanic, it would be time to roll out the war chests. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-39962473013065929222012-05-07T13:15:09.781+08:002012-05-07T13:15:09.781+08:00Hi Ak71,
Oh well, let's hope the AIMS and Sa...Hi Ak71, <br /><br />Oh well, let's hope the AIMS and Sabana shares that I purchased using the "test water" money can be sold at a profit later on. I have no guts to play margin. :)INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-72230434949213125582012-05-07T12:52:28.083+08:002012-05-07T12:52:28.083+08:00Hi INVS 2.0,
I only use my own money to buy stock...Hi INVS 2.0,<br /><br />I only use my own money to buy stocks. I don't use borrowed money. Borrowed money must ultimately have a higher cost than my own money. That is logical to me. :)<br /><br />However, some people would use borrowed money too. If they are able to secure higher returns than the cost of borrowings, good for them. I know many savvy investors who are doing this. I am AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-19166734785764135622012-05-07T12:39:58.549+08:002012-05-07T12:39:58.549+08:00Hi Ak71,
The DBSV's cash account works like ...Hi Ak71, <br /><br />The DBSV's cash account works like a normal top-up cash upfront except that it has higher commission and is based on trading limits. <br /><br />I used it now as I am "testing the water" to see what are the consequences of using trading limits to buy instead of my cash top-ups but I never thought it could be a margin account in disguise. Blame my inexperiences. INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-37873450018141859822012-05-07T12:34:12.853+08:002012-05-07T12:34:12.853+08:00Hi Ak71,
In its first reply, the broker only att...Hi Ak71, <br /><br />In its first reply, the broker only attached a document that states the difference between the cash upfront account (using your own money to buy shares) and the cash account (using the trading limit aka broker's money to buy shares). <br /><br />These people ah, always give technical answers. Need to push them further to squeeze out the answer that I am seeking. :(INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-34093670106181777292012-05-07T11:53:30.712+08:002012-05-07T11:53:30.712+08:00Hi INVS 2.0,
I have a margin account but I use it...Hi INVS 2.0,<br /><br />I have a margin account but I use it more as a tool of convenience because I do not have to pay T+3. Sometimes, I am a bit slow and could pay 4 or 5 days later. So, it is still my money.<br /><br />If you are using a margin account to finance your purchases, you usually have to incur some fees or borrowing cost. You really should check with your broker. I know if prices AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85135290211741618672012-05-07T11:24:56.363+08:002012-05-07T11:24:56.363+08:00Hi Ak71,
Well, if it is really a margin account....Hi Ak71, <br /><br />Well, if it is really a margin account. What's next? I know AIMS and Sabana are experiencing a shock today, would I not be penalised as long as I don't sell anything to incur losses? :/INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-50938099148101778382012-05-07T10:23:36.861+08:002012-05-07T10:23:36.861+08:00Hi INVS 2.0,
Well, unless your broker is Santa, I...Hi INVS 2.0,<br /><br />Well, unless your broker is Santa, I doubt that he would let you use his money for buying shares, reaping the benefits indefinitely without a bigger benefit for himself. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32982728593549567872012-05-07T10:17:57.236+08:002012-05-07T10:17:57.236+08:00Hi Ah John,
Yes, keeping the status quo is what I...Hi Ah John,<br /><br />Yes, keeping the status quo is what I am doing too although I did buy some stocks like Yongnam, Wilmar and China Minzhong in recent weeks. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23242185852271751912012-05-07T10:08:48.418+08:002012-05-07T10:08:48.418+08:00Hi Ak71,
I have no idea whether it is a margin a...Hi Ak71, <br /><br />I have no idea whether it is a margin account or not. But your reminder here sends a chill down my spine. I heard a lot of horror stories about margin account. <br /><br />I guess I better ask my broker for further info. <br /><br />But the difference between using my cash is a higher commission and settlement date is typically 3 working days.INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-36713423127173752362012-05-07T09:09:38.889+08:002012-05-07T09:09:38.889+08:00Hi INVS 2.0,
So, this is a margin account or do y...Hi INVS 2.0,<br /><br />So, this is a margin account or do you still have to pay at T+3?AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-36073652252768423052012-05-05T22:21:26.814+08:002012-05-05T22:21:26.814+08:00Seems Euro debt crisis worsen, but anyway, can'...Seems Euro debt crisis worsen, but anyway, can't predict market move, just think have to wait at this moment. Current stocks are not cheap, although not very expensive too.Ah Johnhttps://www.blogger.com/profile/08143011578144039532noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-60816852005200030172012-05-05T11:53:31.858+08:002012-05-05T11:53:31.858+08:00Hi Ak71,
I bought more of Sabana and AIMS when t...Hi Ak71, <br /><br />I bought more of Sabana and AIMS when their prices retreated to $0.960 and $1.18 respectively. However, I used my broker's money (buy limit) instead of mine. :) Let's see what is the consequence. Hmm...INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23247718068657223202012-04-30T12:54:17.264+08:002012-04-30T12:54:17.264+08:00Hi INVS 2.0,
Annualising the DPU of 2.26c gives u...Hi INVS 2.0,<br /><br />Annualising the DPU of 2.26c gives us 9.04c. At a unit price of 95c, you get a distribution yield of about 9.52%. Nice. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-59034315145834826612012-04-30T12:34:09.225+08:002012-04-30T12:34:09.225+08:00Hi Ak71,
I got Sabana once again at 0.95. At the...Hi Ak71, <br /><br />I got Sabana once again at 0.95. At the DPU of 9.5% accordinng to REIT Data, it is impressive. :)INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.com