Singapore Exchange (SGX)

(08-12-2013, 10:41 AM)kelvesy Wrote: Just sharing something I've saw at Tampines Library's studying corner where all the business books are kept as well.

SGX set up a sleek-looking unmanned fixture aka booth to promote and educate more about investing. Looks like a permanent fixture. There was a wide-screen computer showing SGX education website, and some brochures beside it. Looks like they're trying to increase the retail investor participation rate. I realised, it is not so effective. There were 0 people who went inside to explore it after staying there for 30 minutes. Or maybe, I should hang out longer.

"Huge potential beckons. SGX’s internal studies show that despite Singapore’s reputation as a financial hub, its retail market is underpenetrated compared to its regional peers. The Republic has only 350,000 active Central Depository (CDP) accounts out of a resident population of 3.79m. This penetration rate of about 9% pales in comparison to Hong Kong’s 35% and Australia’s 43%"

http://sbr.com.sg/retail/news/singapore-...trated-sgx - dated 09 April 2012.

Wow! only 9% to 35% & 45%.
i think i will buy more SGX when it suits me.

(08-12-2013, 10:41 AM)kelvesy Wrote: Just sharing something I've saw at Tampines Library's studying corner where all the business books are kept as well.

SGX set up a sleek-looking unmanned fixture aka booth to promote and educate more about investing. Looks like a permanent fixture. There was a wide-screen computer showing SGX education website, and some brochures beside it. Looks like they're trying to increase the retail investor participation rate. I realised, it is not so effective. There were 0 people who went inside to explore it after staying there for 30 minutes. Or maybe, I should hang out longer.

"Huge potential beckons. SGX’s internal studies show that despite Singapore’s reputation as a financial hub, its retail market is underpenetrated compared to its regional peers. The Republic has only 350,000 active Central Depository (CDP) accounts out of a resident population of 3.79m. This penetration rate of about 9% pales in comparison to Hong Kong’s 35% and Australia’s 43%"

http://sbr.com.sg/retail/news/singapore-...trated-sgx - dated 09 April 2012.

Yup. I saw a similar booth at Jurong East Regional Library too.

Clearly, SGX is a counter which has little or no competition from anyone else.

10 yrs ago in 2003, it paid dividends twice a year which amount to about 10c.

No skipped dividends, even in crisis times.

Now in 2013, it's paying 4 times a year, which total up to 28c, an almost 3 times increase in dividends!

If dividends are used to buy more shares, u can work out how much 100k invested in 2003 at a stock price of less than $2 are worth today's stock price of ard $7.

simple and stress free. that's the power of compoundation. money just snow balling.

If they require brokerage fee to fall further, retail participation should shoot

(08-12-2013, 12:18 PM)gautam Wrote: Clearly, SGX is a counter which has little or no competition from anyone else.

10 yrs ago in 2003, it paid dividends twice a year which amount to about 10c.

No skipped dividends, even in crisis times.

Now in 2003, it's paying 4 times a year, which total up to 28c, an almost 3 times increase in dividends!

If dividends are used to buy more shares, u can work out how much 100k invested in 2003 at a stock price of less than $2 are worth today's stock price of ard $7.

simple and stress free. that's the power of compoundation. money just snow balling.

i think dividend yield of a stock whether increasing or decreasing must based on the current market stock price and not absolute value. The same goes with yield on cost.

And,
Talking about SGX Historical price it had reached 2 digits; i am quite sure just base on my memory (i hate to google unnecessary).
But alas (stupid me lol), i had taken profit in single digit. But that's my style lol - No regret.

O. K. , O. K. Maybe a bit if you insist.
We all have to learn the 4Ws and 1H of ourself ma.
Right now, i still have 6 lot since the last crash in 2009.
2 lots transfer to my only son on his 21st birthday.
Want him to learn and interested in Stock Investing ma?
Since he is not a professional, he has to learn about "passive income" ma.
Or else he will have to work until what the Japanese call "KAIROSHI".
No chance for "retirement" lol!

Well, 4% yield at $7 now is actually technically >10% yield at purchase price in 2003 which does not change. Similar for banks shares, certain large companies like singtel, kepcorp etc
Economy as a whole must move forward if we are talking of long term.
10yr later, we wld not see sgx below $10 n div 10yr later might go up above 50c pa. Yet if u buy now, purchasw price is locked in at $7.

i don't know about others, but i can't accept dividend yield base on when i first purchased 10 years ago. That's why there is YOC comparison and how we should look at it.

Hmm..put it another way. If u own a share which costed u $1 a decade ago which pays u a yield of 4c, wldn't u be delighted to own it if it has gone up to $10 today and pays a similar yield % which amounts to 40c today?
If not, wat r ur thoughts?

(08-12-2013, 01:54 PM)gautam Wrote: Hmm..put it another way. If u own a share which costed u $1 a decade ago which pays u a yield of 4c, wldn't u be delighted to own it if it has gone up to $10 today and pays a similar yield % which amounts to 40c today?
If not, wat r ur thoughts?

YOC is my thought.
And when SGX price was 2 digits then what was the D. yield then? (i don't know as i have said i don't like to google unless necessary. i am quite lazy in that sense).

Will you buy SGX at that time at 2 digits price?
Or did you buy some due to your "DRIP"?
i do but it's for "HP" for 22- 25 years.
Ha! Ha!

"i believe in learning from fair "exchanges of experiences". As for knowledge it is limitless as you can read as much as you want but still not able to finish reading till the day you call it a day."
Shalom.

Currently sgx is trading at about 20 times earnings. Seems fairly priced and the yield is decent at 4%. Net cash position. I would pick sgx over reits for sure, especially when we know that interest rates are gonna move up. Its far better to pay a fair price for a great company that a great price for a fair company.