How or where to buy Bitcoin or alt coins?

Lately, I have got friends and family members asking me how or where to buy Bitcoins.

This is a pretty interesting transition, a few months ago, i hear people say that Bitcoin is a bubble, to now, a lot of people asking, how or where to buy Bitcoin.

Anyway, I thought I will write out a step by step guide on buying and storing Bitcoin in Singapore my way.

Open an account with Coinbase. You can use this referral link where if you buys or sells $100 of digital currency or more, both of us will get $10 of free bitcoin. Win – Win for both of us.

For Singapore users, you can fund your account either by Credit/Debit card, or through Xfers.

Do note, only Bitcoins, Litecoins and Etherum are available on Coinbase as of now

Once you have linked you Credit/Debit card, Coinbase will put in a random transaction amount, and ask you to verify the amount in order to successfully link the card. For Debit cards, you can go online banking and check on the unbilled transactions. But for Credit Card (in my case), i didn’t see the amount reflected online, so had to call up and ask. Weekly limit for buy/sell is only $200 when you first start out.

This is where you will want to open an Xfers account. The weekly limit for Xfers is $3000. You will need to upload some documents for verification. Once your account is approved, you can then transfer funds over from your bank account to Xfers account.

Once you have either your CC/debit card, or Xfers account set up, this is when you can start buying Bitcoins, Litecoins and Etherum.

So what do i do if i want to buy other coins other than the 3 mentioned above? The way i do it, is just to buy any of the 3 coins from coinbase, and then use either Changeally or ShapeShift to exchange to the coins i want. You can always open up a account with an exchange, but i’m a very lazy person, and the hassle to go through another round of account opening, verification etc is just too much for me. 🙂

And with ShapeShift, you don’t even need to register. All you need is your coin address and you can do the exchange. E.g. if I want to buy Ripple(XRP), all i need is my Bitcoin address, and XRP address.

Lastly, get a hardware wallet to store your coins. I got a Ledger Nano S. You can check out the site to see the supported currency.

So there you have it, buying and storing coins my way.  There are of course other ways to buy and store, but i’m just writing out the ones that I’ve used...  How or where to buy Bitcoin or alt coins?

Singapore Stocks- Ho Bee Land - Q3 FY17 Results Review

You might recall I re-initiated a position back in Ho Bee Land just a month ago. You can refer to the earlier post here.

The company announced its Q3 results today after market trading which I thought was pretty good.

The first that was brought to my attention was the recurring income from the rental. Unlike the model of my other vested company FEO, Ho Bee recurring income has steadily increased over the years and we are seeing another quarter of increase from this quarter. Year on year, the recurring income was up 12.4% to $39m in Q3, so if we extrapolate that to 4 full quarters, we should see it reach at around $160m. This was higher than my earlier expectation of $150m which I forecast when I bought earlier. It could be well due to the favorable pounds exchange rate in recent times.

There was nothing much to shout for the sale of the development properties. Much of the Aussie project for The Pearl in Melbourne and Rhapsody in Goldcoast have been recognized so this quarter was not much different.

There's no mention of any sales from its Sentosa project.

The biggest impact that came out of this quarter is the contribution from the joint venture project in Shanghai and Tangshan.

What was once an incident that I have much concern in the past turned out well at the end, given the recent bullishness in the China market. The company managed to book in profits from associates and JV combined of $31m this quarter, a huge boost to its earnings.

What made it better was that the associates declared a dividend which was well received in this quarter under the investing cashflow. The company used it to repay some of its borrowings and cash balance was boosted significantly.

As of Sep 17, net gearing for the company has reduced to 0.3x. 

NAV has increased to $4.55 as compared to $4.39 in previous year.

The company has no next available project that I am aware of that will need the cash, hence I trust that the company will move for another acquisition in UK shortly, which seems to be Chua's favorite playground right now.

Yoma Strategic Holdings: Placement of 155m Shares

• S$0.53 per placement share
• Capex requirements of ~US$150- 200m
• Maintain HOLD

~S$82.2m Raised Through Share Placement

Yoma announced that it has raised gross proceeds of ~S$82.2m following the closure of a placement exercise involving the issuance of 155m new ordinary shares at S$0.53 per placement share. This comes at a ~9.4% discount to the volume weighted average price of S$0.5852 per share for trades done on 2 Nov-3 Nov 2017 up to the time of the trading halt.

We understand that the pricing range to investors was between S$0.53 – S$0.54 per placement share. This placement will represent ~8.2% of the enlarged issued and paid-up share capital of the company, subject to approval-in-principle being granted by the SGX-ST.

Various Fund Raising Avenues Expected

Yoma will be setting aside ~50%-60% of the net placement proceeds for the group’s Real Estate businesses, ~15-20% for the group’s Automotive & Heavy Equipment businesses, and another ~15-20% for its KFC store expansion and potential new F&B investments. We understand that the group foresees capex requirements of ~US$150-200m and this is to be funded through a mixture of equity fund raising (which this latest placement exercise falls under), additional debt, as well as the sale of non-core assets, possibly including its interest in a retail mall in Dalian, PRC. We expect the group to gear up once it has built up a steady stream of recurring income.

Streamlined Business Units

While this latest round of equity fund raising would likely be dilutive in the near term, we are of the opinion that this is congruent with management’s intention of growing its core businesses and streamlining its non-core operations. Specifically, management has decided to focus and organize the group into three verticals: Yoma Food, Motor and Land. In light of more focused growth, we incorporate slightly firmer assumptions, but adjust for the enlarged share base following the placement exercise. All considered, our fair value estimate dips from S$0.58 to S$0.55. Maintain HOLD.

SINGAPORE MARKET OVERVIEW

MARKET OVERVIEW

- The market could pull back on some profit-taking ahead of a slate of economic data and appointment of a new Fed chief. 

- Apple component supplier, Hi-P could be supported by the strong demand for iPhone X.

- Technical indicators suggest the STI is overbought with downside support at 3,320 and immediate resistance at 3,380.

CORPORATE RESULTS

*Ascendas REIT

- 2QFY18 DPU inched up 1.1% to 4.059¢, meeting estimates, despite a larger unit base (+3.9%).

- Gross revenue and NPI rose 5.1% and 5.3% to $215.8m and $160.5m, respectively, benefitted from new Singapore and Australia acquisitions, higher portfolio occupancy and positive rental reversion of 3.1% across all segments.

- Occupancy rate ticked up 0.4ppt q/q to 92%, while aggregate leverage stood at 33.1%.

- Trading at annualised 2Q yield of 6% and 1.27x P/B.

*Hutchison Port

- 3Q17 net profit sank 37.1% to HK$270.4m, missing expectations, dragged by a 37% spike in finance cost and share of loss at newly acquired Huizhou port.

- Revenue slipped 1.3% to HK$3.2b as higher container throughput voume (+12.8%) were eclipsed by lower average revenue per TEU in both HK and China terminals on more concessions offered and revision on tariffs following consolidation of some liners.

- Trades at 6.3% FY18 forward yield and 0.74x P/B.

*Roxy-Pacific

- 3Q17 net profit dived 82% to $1.5m, amid lower revenue of $60.2m (-34%) from a broad-based reduction across property development (-39%), hotel ownership (-5%) and property investment (-11%).

- However, gross margin widened 9ppt to 29% on a write-back of an over-provision of development cost.

- Bottom line was also weighed by a $3.5m provision to be written off from the sale of Goulburn Street building in Sydney, as well as a $3.5m drop in associate profit.

- Net gearing crept up q/q from 0.95x to 0.98x.

- Adjusted NAV/unit at $0.8231.

POSITIVE NEWS

*AIMS AMP Capital REIT

- Received TOP for the greenfield build-to-suit development at 51 Marsiling Road.

- The 231,738 sf gfa property will be fully leased to Beyonics Intl in 1QFY19 for 10 years, with annual rental escalations and first year NPI of $3.5m.

- MKE last had a Buy with TP of $1.60.

*Singapore Myanmar Investco

- Entered into an exclusive 3-year dealer agreement with Sanya Intl, to distribute heavy equipment in Myanmar.

- Counter is loss-making and trades at 3.7x P/B.

*Trendlines

- In response to the SGX trading query, group cited it is exploring potential exits of some of its portfolio companies.

- Separately, group will adopt a dividend payout policy, consisting 90% of dividend payments received from "Most Valuable Portfolio Company".

- Further, the policy will provide a 40% payout ratio of net proceeds received in FY18/19 from exit events. 

NEGATIVE NEWS

*Luzhou Bio-Chem

- Expects to report a 3QFY17 loss.

- Results slated to be released on or before 14 Nov.

NEUTRAL NEWS

*SATS

- Proposed JV with AirAsia to provide airport services and ground handling services in Malaysia.

- The deal will consist of a share swap agreement between their subsidiaries, namely Ground Team Red Holdings (GTRH) and SATS Ground Services (SGS).

- In addition, SATS would acquire another 38.6% equity stake in GTRH for $119m.

- Upon completion, SATS will effectively hold 60% stake in SGS and 49% stake in GTRH.

- Last traded at 21.2x forward P/E.

*Halcyon Agri

- Acquired a 25% stake in transportation company Jadeblue Connection for US$1.8m.

- The deal gives Halcyon Agri the right to use Jadeblue's principal asset, a 2010 Citation Sovereign 680 aircraft, for 75 days/year.

- Last traded at 7.8x trailing P/E.

*Spackman Entertainment

- Recently-acquired film production firm, Studio Take, will commence production on a new film, Damaged.

- Filming is expected to be completed by end Dec '17 with expected release by 2H18.

- Damaged joins a growing pipeline of films (currently includes Zip Cinema-produced Sovereign Default) that Spackman will be releasing in 2H18.

*Hong Leong Asia

- Undertaking a restructuring exercise of the consumer products unit Xinfei.

- The exercise will include the cessation of manufacturing and production activities at Xinfei, and explore strategic opportunities with business partners using Xinfei's trademark and intellectual property.

*Nam Cheong

- Granted a six-month moratorium extention by the Singapore High Court on certain legal proceedings against the group. 

- This allows Nam Cheong to proceed with debt restructuring under a scheme of arrangement.

Singapore share Market News Headlines

• Interpol-led operation uncovers more than 9,000 malware-hit servers in Asean - 12:27
• Low gearing leaves room for Mapletree Industrial Trust growth - 11:46
• Bleeding-edge test handler gives AEM order book boost - 11:38
• Can Raffles Medical Group count on its China expansion for an earnings boost? - 10:01
• Parkway Life, Frasers Centrepoint, CapitaLand, Cambridge Industrial, Mapletree Industrial, HPHT, Singapore Medical, Neratel - 08:55
• mm2 Group Red Carpet Club membership extended to UnUsUaL shareholders - 08:36
• Parkway Life REIT sees 9.6% rise in 1Q DPU to 3.3 cents - 08:10
• Cambridge Industrial Trust's 1Q DPU falls 9.7% to 1 cent - 07:46
• Frasers Centrepoint Trust reports flat 2Q DPU of 3.04 cents - 07:28
• Sabana REIT paid fees totalling 0.81% of properties, not 0.86% - 22:09
• Old Chang Kee says unaffected by CAD investigation of independent director Zainudin Nordin - 20:34
• Hyflux appoints DBS, China International Capital as financial advisers for Tuaspring plant divestment - 20:27
• Singapore Medical Group undertaking review of acquisitions strategies - 20:21
• Neratel announces new contract wins worth $7.15 mil - 19:49
• Yanlord inks $1.5 bil credit facility with consortium of 26 financial institutions - 19:30
• Mapletree Industrial Trust's FY16/17 DPU rises 2.2% to 11.39 cents - 19:11
• Malaysia to pay Abu Dhabi US$1.2 billion to settle 1MDB's debt - 18:39
• Hutchison Port Holdings Trust's 1Q earnings per unit falls 70% to 1.92 HK cents - 18:31
• Cheung Woh's FY17 earnings fall 64.8% to $3.6 mil on lower revenue - 17:56
• Sing Investments 1Q earnings more than double to $5.6 mil on absence of allowances - 17:51
• UMS wins 7 projects worth $13 mil - 17:48
• CITIC Envirotech wins 2 projects in China with total investment value of $88 mil - 17:37
• Sino-Singapore Jilin Food Zone starts development of pig farm and cheese factory - 15:11
• CapitaLand Retail China Trust's operational performance 'very encouraging' - 14:31
• MAS & CAD launch government-industry partnership to battle financial crimes - 14:06
• Sheraton acquisition, Japan divestment, part of Ascott REIT's strategic recycling - 13:28
• StarHub home broadband network was disrupted by legitimate traffic surge, not DDoS attack: IMDA - 13:20
• GuocoLand to launch luxury condominium Martin Modern in 2H17 - 12:10
• Jackson Square integrated manager seeking liquidation: Viva Industrial REIT - 12:09
• Singapore Medical Group growing stronger with string of acquisitions - 11:44
• This industrial REIT offers the 'meatiest' returns as a prime sector pick - 11:31
• Uncertainties remain for Frasers Commercial Trust after delivering marginal growth in 2Q - 10:57
• Raffles Medical, Nam Cheong, GL, CRCT, Keong Hong, Delfi, ISR, Healthway Medical - 08:55
• DeClout launches incubator programme for local ICT startups - 08:33
• AGV wins some 15,000 tonnes of new contracts year to date - 08:22
• Nam Cheong announces over $300 mil in liabilities; mulls restructuring - 08:07
• Macron, Le Pen in French runoff as establishment crashes out - 07:25
• Raffles Medical 1Q earnings stay flat at $15.5 mil - 07:15

Should You Buy Shares of Kimly’s IPO?

Numerous Singaporeans are scrambling to purchase shares of Kimly, Singapore's biggest kopitiam administrator. Would it be a good idea for you to put resources into a kopitiam as well? 

Kimly has turned into the principal kopitiam administrator in Singapore to be recorded on the share trading system. This implies, surprisingly, you could put resources into a kopitiam by opening an exchanging account. 

In any case, can a bistro truly be enormous business, and is it a decent place to put your cash? 

What is Kimly? 

Kimly is a powerhouse on the kopitiam scene. The organization works very nearly 500 slows down, appropriated between 56 coffeehouses, five nourishment courts, and three work-range containers. 

Of these 500 slows down, 121 are specifically worked by Kimly, while alternate slows down are leased to different administrators. On the whole, it's evaluated that Kimly has around 5.8% of Singapore's kopitiam showcase. 

Kimly's money stores were S$29.4 million a year ago, and they have no remarkable obligation. 

Why Would a Kopitiam Go on the Stock Market? 

The reason is capital. Kimly needs to raise S$40.4 million by offering offers, mostly with a specific end goal to make more acquisitions (i.e. purchase up contenders or different organizations to build their piece of the overall industry). 

They additionally require the cash to grow their focal kitchen, in which nourishment is arranged and after that conveyed to their slows down. A greater focal kitchen implies they can work more slows down and benefit more clients. 

Offering offers in the organization is the other option to getting. It is conceivable that Kimly needs to hold its obligation free status. Additionally, an organization is constantly obliged to pay its obligations paying little respect to how the business is faring. With shares, the profit payouts can be raised or lessened (or non-existent) contingent upon the chiefs' choices. 

Nonetheless, Kimly's official chief, Mr. Vincent Chia, said in a Straits Times report that they plan to pay half of the benefits as profits. 

At present, Kimly has issued 173.8 million shares, of which 3.8 million shares are accessible to people in general. The shares were valued at 25 pennies each amid the Initial Public Offering (IPO), however, the cost will more likely than not be diverse when you're perusing this. 

Why Would Anyone Invest in a Kopitiam? 

Continuously counsel your Financial Advisor or Wealth Manager before putting resources into anything. All things considered, Kimly represents a fascinating speculation opportunity. One viewpoint that will emerge is the way of its industry: it is a minimal effort supplier of basic administrations. 

Much like Sheng Siong, another effective nearby organization, Kimly is in an entrenched business that is not inclined to many high points and low points. Regardless of whether times are great or terrible, hope-teams will have clients. Truth be told, it's even conceivable that kopitiams will have more clients amid monetary downturns, as customers move from more costly eatery snacks to café sustenance. 

Besides, numerous coffeehouses are arranged near schools, production lines, and HDB pads (they have purposely situated that approach to filling in as ordinary enhancements). Urban arranging for all intents and purposes guarantees the kopitiam business has a portion of the best areas. 

These make Kimly very not the same as the run of the mill eatery network. Combined with the organization's absence of obligation, it can be a feasible resource in an enhanced portfolio.

Source - www.sharetradeforum.com

Share Market News

Wed,14- 15 February 2017

• CIMB sees strong DPU visibility for this robust retail REIT
• SingPost may have high growth potential, but the stock isn't cheap 
• More calls to sell OCBC, but has the bank truly gone south? 
• Beer segment brings cheer to Thai Beverage - 11:32
• What happens to Global Premium Hotels when room glut is looming while China tourist arrivals is faltering - 10:48
• CapitaLand, ThaiBev, CDL, Silverlake Axis, Stamford Land - 08:56
• Yellen sees more rate hikes ahead if economy stays on course - 
• CapitaLand posts 74% rise in 4Q earnings to $430.5 mil on higher handover of China projects - 08:49
• Asia goes back to the future on trade to manage in Trump times - 08:02
• USP Group's 3Q losses double to $2.7 mil on higher expenses - 07:51
• Singapore still sees Formula One allure, tourism chief says - 07:03

• Cortina reports 8% fall in 3Q earnings 
• Thai Beverage posts 28% rise in 1Q earnings to $313 mil - 22:38
• Disgruntled Sabana REIT unitholder lodges complaint with CAD over valuation of Changi South property - 19:50
• Swee Hong posts 1H17 turnaround with $27.4 mil net profit - 19:13
• Lum Chang posts 55% fall in 2Q earnings to $5.5 mil - 19:08
• FJ Benjamin net loss widens to $7.2 mil in 2Q - 19:02
• FJ Benjamin widens net losses in 2Q to $7.2 mil - 19:02
• Tat Hong swings back to profitability in 3Q - 18:39
• Tat Hong swings back to profitability in 3Q on better overall topline growth - 18:39
• Parkson Retail Asia sinks into 2Q loss on weak sales, losses from new stores - 18:23
• Vard wins contract for krill fishing vessel in Norway - 18:19
• Global Yellow Pages records 9.8% fall in 2Q17 earnings - 18:14
• Stamford Land's 3Q earnings edge up 2.6% to $11.4 mil on higher revenue - 18:11
• CityDev subsidiary acquires Shanghai commercial project for $186 mil - 18:00
• Silverlake Axis 2Q earnings quadruple to $79 mil on disposal - 17:45
• Jho Low trusts ask to file late claims in forfeiture lawsuits - 17:12
• Tata Communications, ST Telemedia add 3 colocation facilities in Singapore under data centre partnership - 17:08
• Time to take profit on OCBC? - 15:35
• Privacy and cyber security concerns mount in world's most tech ready country - 15:24
• Southeast Asia just minted its second paint billionaire - 15:16
• Singapore to allow foreign acquisitions of finance companies - 15:07
• Why CEI shareholders have cause to celebrate despite less-than-stellar results - 13:38
• Why Pan United's outlook has yet to be cemented - 13:36
• CITIC Envirotech to see acceleration in execution of new deals but... - 13:33
• Noble confirms it is in talks with strategic investor - 12:32
• Analysts see great value in this electronics stock - 12:21
• Jumbo's results were within expectations, but why is UOB sticking to its 'hold' call? - 11:20
• This REIT is a play on exposure to an improving US office market - 11:15
• It's gonna get darker before S-REIT sector sees breaking dawn - 10:48
• OCBC, Jumbo, Hyflux, Old Chang Kee, Metro - 08:55
• The China X-factor that puts steel's surprise comeback at risk - 08:40
• AusGroup swings back into profitability with 2Q earnings of $1.2 million - 08:28
• Croesus Retail Trust's 2Q DPU rises 5.2% to 1.81 cents - 08:05
• Singapore eDevelopment acquires 53% stake in network marketing distributor of health supplements - 07:57
• One reason staffers quit Google's car project? The company paid them so much - 07:34
• OCBC reports 18% fall in 4Q earnings to $789 mil - 07:32
• China's getting under the hoods of more American cars - 07:26

Best Strategy for Share Investment Singapore .

Most of the people more than half who are around 30 years old or older than them have their investments in the stock market and approximately 80% of them are investing and gaining $75,000 per year have share investment Singapore. Those investments contain individual equities and bonds, in addition to mutual finances and ETFs. As investor self-assurance returns, many analysts expect that the marketplace is going to hold its bullish conduct. Whether or not you choose individual shares or bonds or rely on an investment supervisor to do it for you, it's far important that you pick an investment method fitting to your attitudes and dreams.

Components of Stock investment Success:-

The constructive outlook for equities provides an incredible possibility for current and new traders to check strategies and alter funding philosophies to optimize their results in future. Finance experts agree that stock investment success is especially established upon the following:-

Savings:-

Any investing plan should be based totally upon a stage of financial savings that you could continuously maintain over an extended duration. Every trader should plan to reach a projected balance at a certain factor in time by way of calculating the yearly net return needed to achieve it. To increase you net returns use of Equity tips would be beneficial.

For example, in case you save $5,000 in a consistent year and need to have a portfolio of $500,000 in 30 years, your annual net return ought to average approximately 7%. If you will be content with $250,000 at the end that identical duration, your required annual average net return could be extensively lower at 3.1%.

Strategy:-

A method of investment should return parameters and balance risk consistent together with your personality, understanding, interest, and aptitude. Some people are comfortable with the risk of loss than others. Some enjoy the jobs of research and analysis, at the same time as others favor to dedicate their time and strength to different pursuits. An ideal share investment approach considers your specific personality and takes advantages of your and dreams and abilities.

An investment strategy that requires five to ten hours consistent with a week of research is most probably to be abandoned, just as searching for noticeably risky investments and chasing unrealistically large returns within the hopes of meeting an incredible future portfolio value is probably to fail. Making an investment in a professionally controlled mutual fund or an index fund is probably a better option. The strategy should also include stock picks with a huge awareness so that can gain more and more profit.

Risk Management:-

Powerful investment risk management requires knowledge of the elements (magnitude and frequency) of compensating and risk for them with the aid of doing one or greater of the following:

You could keep away from risk with the aid of electing not to make any investment, by means of selling securities, or by way of buying bonds in place of common stocks. One common way to lessen risk is to maintain a different portfolio of securities, which usually results in less loss than a security. There is another way of lessening the risk is by taking the help of Equity tips provider for making profits and to gain more and more money. The providers can help in making money by providing accurate share investment tips.

Be Alert:-

Having a conceivable annual return goal and a philosophy of investments that fits you and condition is not always enough. The investment environment constantly modifies as the economy reflects the movements of governments, technological improvements, and worldwide events. Successfully making an investment requires often monitoring information, assessing probable affects, and adjusting to varying circumstances. Always be alert in selecting the stock for investment and you can take help of a Stock investment picks provided by advisors.

Bottom Line:-

For Share Investment Singapore securing a return consistent together with your risk, and letting your portfolio recognize over the years are critical factors for investing successfully. With thought and discipline, you may achieve higher results and set yourself for the future you deserve.