Covid Vaccination Letter

I read a newspaper article that seniors above age 70 will receive a letter to arrange for the covid vaccination.

Many of these seniors already have SingPass.

I suggest that they be notified through their SingPass and not by a physical letter.

Only those without SingPass need to be notified by letter.

This will reduce the volume of physical mail by perhaps 50%.

It is time to move towards a Smart Nation. We should not continue with outdated practices!

https://tklcloud.com/Feedback/feedback2.aspx?id=4013

WOTC - Isolate incoming travelers

 Wisdom of the Crowd: 56% of the respondents said that incoming travelers should be isolated for 14 days to stop the spread of the virus.

https://tklcloud.com/Crowd2/chart3.aspx?id=2212

Investing in health care stocks

 I share my experience in investing in health care stocks

https://fisca.sg/ArticleDisplay.aspx?ID=869

Why I prefer to buy stocks rather than options

 In this post, I explain why I prefer to invest in the underlying stock, rather than to buy call or put options.

https://fisca.sg/ArticleDisplay.aspx?ID=865

My holdings of China stocks listed in Hong Kong

Here are my holdings.

https://fisca.sg/ArticleDisplay.aspx?ID=864

Selling and buying a third party life insurance policy

 Someone asked me to explain the risk in selling and buying a third party life insurance policy.

https://fisca.sg/ArticleDisplay.aspx?ID=863

Wisdom of the Crowd - New Issues

1. Petrol hike in Budget 2021

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https://tklcloud.com/Crowd2/vote.aspx

WOTC - Use of Trace Together data

 Wisdom of the Crowd: 53% of the respondents do not accept the minister's explanation on the use of Trace Together data.

https://tklcloud.com/Crowd2/chart3.aspx?id=2211

My investment in Barrick Gold and gold ETF

 I invested a total of USD 192,000 in the following

SPDR Gold ETF $106,000

Barrick Gold $86,000

Total $192,000

My strategy was to hold 10% of my portfolion in gold and gold miner.

It turned out to be a bad strategy. I now have a paper loss of $30,000, representing 15% of my investment.

However, I will hold on to these investments for the near term

future.

https://fisca.sg/ArticleDisplay.aspx?ID=862

My investment in Capitaland

 I had a disappointing time with Capitaland during the past month.

https://fisca.sg/ArticleDisplay.aspx?ID=861

Wisdom of the Crowd - New Issues

1. What is your experience with the Fave app to buy discount vouchers

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https://tklcloud.com/Crowd2/vote.aspx

WOTC - Unmanned kiosks for safe entry and temperature recording

 Wisdom of the Crowd: 55% of the respondents preferred to have manned kiosks for safe entry and temperature recording to ensure compliance and to create jobs.

https://tklcloud.com/Crowd2/chart3.aspx?id=2210

My investment in China Petroleum

 I hold 250,000 shares of China Petroleum (0386.HK) at an average cost of $4.06 HKD. Four months ago, the stock price reached a low of $2.95. I suffered a paper loss of $277,500 ($47,600 SGD).

I was not worried, as the stock had a price earning ratio of 8 times and a dividend yield of 9%. I could keep the stock for the attractive dividend and wait for the price to recover.

I did not have to wait long.

The price has now recovered to $4.36. Instead of a paper loss, I am now seeing a paper gain of $75,000 ($12,800 SGD).

I helped a friend to invest in this stock during the past few months. He has seen a large paper gain, and also look forward to an attractive yield.

https://fisca.sg/ArticleDisplay.aspx?ID=860

Wisdom of the Crowd - New Issues

1. What are your views of Budget 2021?

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https://tklcloud.com/Crowd2/vote.aspx

How to turn your customers off

 I saw an advertisement for digital subscription to the Straits Times at $9.90 per month.

My immediate reaction was - at last. SPH has now got the right business model. At $9.90 per month, I am willing to subscribe to the online platform and read the local news.

Previously, they offered a low subscription for 3 months and revert to a subscription of $60 or $90 a month. That is too high. I refused to subscribe to this kind of bait.

There was a link to read the Terms and Conditions. It was a very, very long document. After reading a few pages, I gave up. I did not want to subscribe to onerous terms and conditions.

SPH has, once again, turned me off.

This seems to be a bad habit among Singapore managers. They really know how to turn off their customers with impractical, unnecessary and onerous requirements.

You tell me. Singapore got future or not?

https://tklcloud.com/Feedback/feedback2.aspx?id=4004

WOTC - Covid testing centers

 Wisdom of the Crowd: 91% of the respondents said that the government should set up covid testing centers and provide free covid tests to people with symptoms of covid.

https://tklcloud.com/Crowd2/chart3.aspx?id=2209

I sold Singapore REITS and invested in China stocks

Last month, I sold about $400,000 in Singapore REITS and invested the money in China stocks. The investment is doing well.

https://fisca.sg/ArticleDisplay.aspx?ID=857

My investment in China stocks

 This excludes my investment in Baidu listed in America which shows a good gain. I invested $6.1 million HKD ( $1.05 million SGD) in China stocks listed in Hong Kong. The current market value is break even compared to cost. It used to show a loss of 15% compared to market value.

This excludes my investment in Baidu listed in America which shows a good gain. 

I prefer the China stocks because their average PE ratio is 5 to 6 times and dividend yield is over 4% (except for Alibaba). The PE ratio is less than half of Singapore stocks and one third of American stocks. I invested in the following stocks - China Mobile (0941), China Petroleum ((0386), China Railway (0390), Country Garden (2007), ICBC (1398), Kerry Property (0683). PICC P&C (2328) and Alibaba (9988). I expect these stocks to move up 50% in value when the US and international funds decided to move to emerging markets (i.e. China and other Asian markets). In the meantime, I can look forward to a good dividend yield. My China stocks moved an average of 2.5% today. I hope that this is the start of a trend to reflect the value of these stocks. https://fisca.sg/ArticleDisplay.aspx?ID=857

Wisdom of the Crowd - New Issues

1. Do you agree with the circuit breaker restrictions?
2. How should supermarkets manage the loss of trolliers

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https://tklcloud.com/Crowd2/vote.aspx

WOTC - Reason to be vaccinated

 Wisdom of the Crowd: 62% of the respondents will get vaccinated to protect against the virus and for travel.

https://tklcloud.com/Crowd2/chart3.aspx?id=2208