Saturday, May 9, 2015

STI ETF RSP (Apr and May 2015)

I bought 200 units of STI ETF at $3.5 earlier this week for my regular savings plan for the month of Apr and May 2015.

Details of all transactions for my rsp are logged here:
STI ETF RSP

Snapshot of my current units:

CounterTotal CostTotal UnitsAverage costLast DoneUnrealized
Profit/ Loss
Unrealized
Gain / Loss %
Realized Profit /
Loss / Dividend
STI ETF7,678.322300$3.34$3.48$325.684.24%$136.20
Nikko STI ETF0.000$0.00$3.53$0.000.00%$114.15

Friday, May 1, 2015

OCBC360 interest rates revision Part 2

The OCBC 360 changes are announced.

 Changes include:
1) "credit your salary" bonus interest increased from 1% to 1.2%
2) "pay 3 bill" bonus interest decreased from 1% to 0.5%
3) "Spend on credit card" bonus interest decreased from 1% to 0.5%
4) "Spend on credit card" bonus interest spending criteria increased from $400 to $500
5) new bonus interest: "insure or invest" bonus interest. To qualify, you must "purchase any new eligible financial product from OCBC of at least the minimum amount, such as Endowment of at least S$8,000 in annual premium, or investment products such as Unit Trust or Structured Deposits of at least S$40,000."
6) bonus interests now applies to the first 60k instead of 50k
7) additional 1% on incremental balances. Incremental account balance is the difference between current and previous month's account average daily balance.This bonus interest will be paid on incremental account balance of up to S$1,000,000.


Other thoughts:
On the whole, I feel it is harder to earn the bonus interest. I am not interested to invest nor insure with OCBC. So the new 1% is out. For the credit card bonus, it makes it harder to qualify and the bonus interest is reduced. Also, UOB seem to be offering a better deal on this.

We will not be able to get much out of the additional interest on the "incremental balances". Unless we find another similar scheme and start transferring  additional balances to and fro on alternate months to earn the bonus on alternate months.

Thursday, April 2, 2015

OCBC360 interest rates revision Part 1


Last year, I blogged on how the OCBC360 account can earn you 3.05% per annum.
http://madstranger.blogspot.sg/2014/04/earn-up-to-305-in-interest-with-ocbc-360.html

Recently, OCBC announced some changes on the revision of interest rates on the account. The details are as follows

Screenshot extracted from: http://www.ocbc.com.sg/personal-banking/notices.html

My thoughts:
The 3 bill payment and credit card bonus interest are reduced from 1% to 0.5%. Not only that, the credit card minimum spend criteria has increased from $400 to $500. This makes it harder to meet the criteria.

OCBC mentioned that there will be 2 new ways to earn bonus interests but did not provide details at this point. I suspect the 2 new ways plus the existing 3 ways are likely to give the same 3% bonus interest. If this is so, it makes it harder for us to hit the full 3% bonus interest. We need to hit 5 criteria instead o the current 3.

With the Singapore Saving Bonds (SSB) releasing in the 2nd half of the year, many people will shift their money to the SSB if the OCBC360's bonus interest are no longer attractive. Will OCBC reduce their bonus interest rates at this juncture? We will know once the details of the 2 new bonus interests are released.


Sunday, March 29, 2015

STI ETF RSP (Mar 2015)

I bought 1 lot of STI ETF at $3.42 earlier this week for my regular savings plan for the month of Mar 2015.

Details of all transactions for my rsp are logged here:
STI ETF RSP

Snapshot of my current units:

-->
CounterTotal CostTotal UnitsAverage costLast DoneUnrealized
Profit/ Loss
Unrealized
Gain / Loss %
Realized Profit /
Loss / Dividend
STI ETF6,976.582100$3.32$3.45$268.423.85%$136.20
Nikko STI ETF0.000$0.00$3.50$0.000.00%$114.15

Sunday, March 1, 2015

REIT Ranking - Feb 2015

REIT Ranking for Feb 2015


REIT
Mkt
Yield
NAV
Gearing
P/B
Total
P/B score
Gearing score
Yield score
Saizen REIT
$0.855
7.251%
$1.100
36.00%
0.777
6
3
1
2
OUE COMMERCIAL REIT
$0.800
7.100%
$1.100
38.30%
0.727
6
3
1
2
Lippo Malls Tr
$0.350
8.114%
$0.424
31.30%
0.825
5
2
1
2
AIMSAMP Cap Reit
$1.460
7.753%
$1.535
31.70%
0.951
5
2
1
2
Sabana REIT
$0.920
7.674%
$1.040
38.00%
0.885
5
2
1
2
Ascendas-hTrust
$0.690
7.536%
$0.690
38.90%
1.000
5
2
1
2
StarhillGbl Reit
$0.840
6.095%
$0.930
28.60%
0.903
5
2
2
1
Fortune Reit HKD
$8.870
4.690%
$11.930
29.40%
0.744
5
3
2
0
SoilbuildBizREIT
$0.810
7.827%
$0.800
35.40%
1.013
4
1
1
2
IREIT Global
$0.865
7.691%
$0.733
31.50%
1.180
4
1
1
2
OUE Htrust
$0.940
7.574%
$0.900
32.70%
1.044
4
1
1
2
Cache Log Trust
$1.170
7.277%
$0.980
34.90%
1.194
4
1
1
2
Cambridge Ind Tr
$0.685
7.251%
$0.681
34.80%
1.006
4
1
1
2
FHT
$0.895
7.083%
$0.861
40.00%
1.039
4
1
1
2
Ascott Reit
$1.300
6.560%
$1.370
38.50%
0.949
4
2
1
1
Frasers Com Tr
$1.495
6.528%
$1.560
37.20%
0.958
4
2
1
1
Mapletree GCC Tr
$1.040
6.339%
$1.060
37.90%
0.981
4
2
1
1
Far East HTrust
$0.810
6.321%
$0.970
31.40%
0.835
4
2
1
1
Keppel DC REIT
$1.040
6.115%
$0.870
27.80%
1.195
4
1
2
1
CapitaR China Tr
$1.680
5.750%
$1.580
28.70%
1.063
4
1
2
1
Frasers Cpt Tr
$2.040
5.606%
$1.850
29.30%
1.103
4
1
2
1
Suntec Reit
$1.955
5.273%
$2.091
34.70%
0.935
4
2
1
1
SPHREIT
$1.050
5.067%
$0.930
26.00%
1.129
4
1
2
1
Viva Ind Tr
$0.810
8.332%
$0.758
44.30%
1.069
3
1
0
2
CDL Htrust
$1.770
6.486%
$1.645
31.70%
1.076
3
1
1
1
CapitaMall Trust
$2.110
5.379%
$1.790
33.80%
1.179
3
1
1
1
CapitaCom Trust
$1.765
4.805%
$1.710
29.30%
1.032
3
1
2
0
Mapletree Ind Tr
$1.545
6.913%
$1.210
32.80%
1.277
2
0
1
1
Mapletree Log Tr
$1.230
6.081%
$0.960
34.70%
1.281
2
0
1
1
First REIT
$1.360
5.919%
$1.018
33.10%
1.336
2
0
1
1
Ascendas Reit
$2.470
5.814%
$2.030
33.60%
1.217
2
0
1
1
Mapletree Com Tr
$1.560
5.333%
$1.170
37.90%
1.333
2
0
1
1
Keppel Reit
$1.240
4.871%
$1.400
43.30%
0.886
2
2
0
0
ParkwayLife Reit
$2.440
4.754%
$1.600
35.20%
1.525
1
0
1
0

For how the scores are being calculated:
Reit Rankings - Mad Stranger's scoring system

Disclaimers:
The score system only serves as an indicator on how the REIT is with respect to its yield, P/B and gearing. The ranking is also heavily dependent on the accuracy of the data shown on reitdata.com, investors are advised to do your own cross checking. It is always prudent to do your own research before making any buys or sells.