Track the companies we are "Vezted" in.

Ever wondered how to keep track of all the news regarding our companies?

Hey AK, would like to seek your advice on a question I've been pondering: how do you recommend keeping track of press releases regarding the companies in your portfolio? For instance, dividend info, quarterly earnings report, etc. I currently manually google them now and then, but I find that I tend to miss some of them until it appears on blogs like yours or thefinance.sg. it must get especially tougher to stay on top of things when the portfolio gets larger

thanks in advance! bought your tickets again to your upcoming tea session too

Here is the answer.

Kenji Tay: 
"Its a new service call Vezted that helps readers get all the investing news of the company they invest."

At the first "Evening with AK and friends" of 2016, Rusmin Ang introduced the app to an appreciative audience.

Choose the companies we want to follow and all the news related to those companies will appear in chronological order. 

As investors for income, we will know when our companies are going to pay dividends and how much they are going to pay (including CD and XD dates). 

Go on and try it: here.

This service is FREE. AK likes!

Note: This is not a paid advertorial.

Another special dividend from SPH in future.

One of the larger investments in my non-REIT investment portfolio is in SPH. Actually, SPH is also one of my oldest investments for income. 

Most of my investment in SPH is priced between $2.86 to $3.55 a share with a more recent tranche at $4.20 a share purchased in 2013 when SPH REIT was created. 

Wah! $4.20 a share? Then, lost money already lah. Well, some might look at it that way. 

For me, as an investor for income, assuming a DPS of 21c at the time, I was looking at a 5% dividend yield. With a much stronger balance sheet than SPH REIT, SPH made more sense to me as an investment for only a slightly lower dividend yield.

When SPH REIT was created, SPH declared a special dividend of 18c a share while retaining major ownership of both Paragon and Clementi Mall. In fact, when the counter went XD back then, I added to my investment again at $4.03 a share. (See: The mystery of the extra money in my account.)

Will SPH declare another special dividend when it sells a percentage of its stake in Seletar Mall to SPH REIT? Very likely.

Seletar Mall is 70% owned by SPH and the other 30% is owned by UE. It would probably be cleaner for SPH to take 100% ownership of Seletar Mall before injecting the asset into SPH REIT. 

Of course, only time will tell how things progress but we know for a fact that SPH REIT has been granted right of first refusal on Seletar Mall by SPH.

Visiting Seletar Mall has been on my to do list for a while and, recently, I did. 

I didn't see any vacant shop space and I saw a pretty good crowd on a weekday evening.

I am sure it will be a matter of time before SPH REIT is offered Seletar Mall and, as a SPH shareholder, I am looking forward to that day. 

Patience will surely be rewarded.

Related post:
SPH or SPH REIT?

SPH Reit Management CEO Susan Leng said that SPH has granted a right of first refusal to the Reit, but it is only when the sponsor has decided to divest the property that the Reit can evaluate the opportunity... - Source: AsiaOne