21 May 2015

Fraser Centrepoint Retail bond(3.65%) Results are out !

Yesterday 20 May 2015 was the due date for subscribing to the IPO of Fraser Retail Bond.  In the past, I tried to subscribe to IPO and I usually ends up with single lots. To my surprise, I got all the lots allocated for this bond.

If you have balloted, do login to your bank account either DBS, UOB or OCBC to check your status.
Here is how it looks like on UOB.

So it will be 7 years to hold till maturity or I can sell it straight off for a small profit if I don't intend to keep it. The yield for this retail trench is 3.75% .

Why waste time on Savings Bond or Insurance that pays lesser than 3%.

18 May 2015

CIMB StarSaver is giving up to S$75 credit when you top up your existing StarSaver account

CIMB StarSaver is giving up to S$75 credit when you top up your existing StarSaver account. Do read the Terms & Conditions as the amount will be earmarked till October 2015.

Beyond the existing benefits from a CIMB StarSaver, we are giving our customers up to
 cash credit* when they top-up their existing CIMB StarSaver, CIMB StarSaver (Savings)
or CIMB Junior Saver Account(s) with fresh funds. On top of that receive an additional S$5 cash credit1when you top-up via FAST (Fast and Secure Transfer).
Here is an example of how it works:
Account Balance
on 16 April 2015
Top Up Amount2to Qualify
(Fresh Funds)
Minimum Eligible Account Balance2on 15 June 20153RewardBonus
(top-up via FAST)
e.g. S$5,000S$10,000S$15,000S$15 Cash Credit+S$5 Cash Credit1
S$20,000S$25,000S$30 Cash Credit
S$50,000S$55,000S$75 Cash Credit
To apply, simply:1. Complete the ‘Participation Form For CIMB StarSaver Top-Up Promotion 2015’ by clicking on the
    ‘Register Now’ button below and mail it to us using the Business Reply Envelope (BRE).

2. Top-up your funds via these methods:
    •  Fund Transfer via FAST from other banks (receive S$5 cash credit1)
    •  Cheque/Cashier’s Order
*Terms and conditions apply for the CIMB StarSaver Top-up Promotion 2015. Promotion is from 17 April to 15 June 2015 ("Promotion Period") and is limited to the first 1,000 customers who register via the registration form or at any of our branches.

1The entire top-up amount as indicated in the Participation Form must be done via FAST (Fast and Secure Transfer) transfer to qualify for the additional S$5 cash credit.

The deposit of the minimum top-up amount must be accompanied by an increase in the Customer’s Total Current/Savings Account Balance of an amount of at least S$10,000, S$20,000 or S$50,000 (as the case may be) at the end of the Promotion Period (i.e. 15 June 2015) (as compared against his/her Total Current/ Savings Account Balance as at 16 April 2015). Total Current/Savings Account Balance refers to the total balance of all personal savings or current accounts which the Customer may have with CIMB.

3The minimum top-up amount placed and credited into the eligible account will be earmarked ("Earmarked Funds") within 1 month from the end of the Promotion Period until 15 October 2015 ("Earmarked Period"). Earmarked Funds are not available for withdrawal before the expiry of the Earmarked Period.
Deposits Insurance Scheme 
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

17 May 2015

What stocks do I hold ?

A number of readers asked me what stocks do I hold ? Well, I have dividend stocks and some growth stocks.

Here is a breakdown of stocks which I think has potential.

$800 SUPER
Golden Agr*

A couple of days I just got rid of Golden Agriculture at $0.45 just before their announcement. The price dipped because of poor results. I intend to use the proceeds and invest partially into $800 SUPER or any other counters. I am holding onto REX as it is bottoming and once oil recovers, it should rebound.

Super Group is a counter I like although the valuation if a bit on the high. The results were a bit disappointing and the price dropped from $1.50 to $1.265 within 4 days. Nevertheless, I find that this counter do have it's potential, it also gives dividend.