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Showing posts from January, 2013

SingPost Still Going Upwards

My last update on SingPost if anyone is interested.

Currently SingPost is trading at S$1.215, I can choose to sell at S$1.21 and take a profit of S$273.01. By the way, it's currently trading with dividend until 6 Feb.

The question is, how high can the price go? Let's look at the following table:

DateTargetPrice CallSource28 Jan 20131.23HOLDOCBC28 Jan 20131.21HOLDMaybank Kim Eng28 Jan 20131.14HOLDDBS Vickers
Now who should I believe? Actually I think SingPost can go above S$1.22 no problem, even after dividend, it will probably stay around S$1.2x or more, it's a good place to park money. And STI seems to be a bit high, some people are expecting a correction to come soon, but then again, it's hard to say, the US economy seems to be quite stable for now as they have avoided the fiscal cliff by pushing the deadline to March plus they have unlimited borrowing until 19 May.

So from now until March, I expect SingPost to steadily go up.

Path of Exile (PoE) Open Beta

I downloaded this game yesterday and played for a few hours, this game reminds me of Diablo 2 (D2), the dark and evil feeling, the map looks like D2 map, but especially the many different kinds of build that I can possibly try out, just look at the skill tree, ahem, skill FOREST to exact.

I'm playing a summoner witch, now at level 9 and having fun so far, still thinking of how I'm going to play it out, there's just so many possibilities, I can choose between having more health or more energy shield because some items provide a boost to energy shield, and I'm thinking of whether to go full summoning or a balance between damage dealing and summons.

Then they have this skill gem system, instead of learning skills or getting it through level-ups, you get your skills through gems from drops or questing rewards, I'm not sure of other ways but I got a skill gem off a monster that I killed, and a couple more through questing. There's also support gems that modify your …

SingPost Announced Dividend of 1.25 Cents (S$0.0125) Per Share

Source

Broadcast
Date: 25 Jan 2013 (Fri)
Time: 17:42:08

Dividend
Interim: S$0.0125

Record
Date: 13 Feb 2013 (Wed)
Time: 17:00

Include Dividend (CD)
Now until 6 Feb.

Exclude Dividend (XD)
7 Feb (Thu)
8 Feb (Fri)
13 Feb (Wed)

Note that 11 (Mon) Feb and 12 (Tue) Feb are holidays according to MOM website.

Payable
Date: 28 Feb 2013 (Thu)

Eligibility to Purchase Public Housing in Singapore for Married Couples

Residency Status
There are 3 main types of residency status in Singapore: Singapore Citizen (SC)Singapore Permanent Resident (SPR)Foreigner (F) Based on the 3 main types, there are 6 possible groups of couples: SC/SCSC/SPRSC/FSPR/SPRSPR/FF/F For clarity purpose, SC/SC is a couple who are both Singaporeans, and SPR/F is a couple made up of a Singapore Permanent Resident and a Foreigner.
Public Housing Eligibility
Out of the 6 groups of couples, only 4 are eligible for public housing as illustrated in the following table:

SC/SCSC/SPRSC/FSPR/SPRSPR/FF/FNew FlatYesYesNoNoNoNoResale FlatYesYesYesYesNoNo
SPR/F and F/F couples can only purchase private properties in Singapore.

SingPost Hits S$1.20

As mentioned in my earlier post, I had expected the price to go above S$1.20 when it is trading CD, but today, the stock is already trading at S$1.20, and it seems like the buying volume is still increasing, I think probably before it even go CD, the price would have gone over S$1.20.

If I sell now at S$1.195, I would have a slightly higher profit of S$198.04, tempting, but I wouldn't know what to buy next if I sell now because it seems like the other counters that I'm looking at are all at quite a high price, plus there is still potential for growth.

Actually SingPost is a decent 5%+ dividend stock if one wishes to hold for a long time, even if buying at S$1.20 per share, it's still a 5.09% yield, not bad at all.

ICA FAQ - Appeal for Visit Pass (for long term stay)

Source

1. How can I appeal if the application is not approved? Do I have to fill up any form(s)?

You may appeal in writing. No verbal appeal will be accepted. When writing in, please indicate applicant's full particulars (i.e. name, date of birth and Foreign Identification Number) and our file reference number in the letter.
You do not have to fill up any form if you are sending your appeal letter via post, email or through our Information Counter. However, if you wish to obtain a queue ticket to submit by hand at our counters, you will then be required to fill up an application Form 14 and attach your appeal letter together.

2. What should I write in my appeal letter?

You may include any information that you deem relevant in supporting your appeal for the pass that you wish to apply for (e.g. relate your needs to the application) and enclose any additional supporting documents that you think might be beneficial in justifying your case.

3. How long does it take to process the appeal?

There's No Need to Set a Price to Everything

Last year, a co-worker asked for my help with her printer at home, she said she bought it and installed according to the manual but she had no idea why it's still not working. She asked me what can go wrong, and I told her that I cannot advise further without taking a look at the printer, the connection and etc, so I offered to check it out during my lunchtime, and good thing is that her house is only a few bus stops away from our workplace.

So we took a bus to her house together, when I was about to swipe my EZ-Link card, she offered to use hers instead; she had two cards, I think one is for backup.

When I arrived, I did some basic checking, plugs checked, driver installed checked, and found that there was no problem. Actually her default printer is some other printer, maybe it's her old printer, I asked her to try to do a printing like what she would normally do, and yeah, she just printed without selecting the printer, which means she was trying to print to a non-existent p…

M1 Announced Dividend of 8 Cents (S$0.08) Per Share

Source

Broadcast
Date: 21 Jan 2013 (Mon)
Time: 17:31:05

Dividend
Final: S$0.063
Special: S$0.017
Total: S$0.08

Record
Date: 15 Apr 2013 (Mon)
Time: 17:00

Include Dividend (CD)
Now until 10 Apr.

Exclude Dividend (XD)
11 Apr (Thu)
12 Apr (Fri)
15 Apr (Mon)

Payable
Date: 25 Apr 2013 (Thu)

Bullish SingPost Stock Price

On 20 Dec 2012, I bought 5 lots of SingPost (S08) at S$1.145, after factoring in all the fees involved, it costs S$5,747.17.

Reason why I bought it is simple, it's stable, even if the US were to fall into the fiscal cliff, I'll just collect that neat 5.4% yield and average down whenever I have spare cash; SingPost have a history of paying constant dividend of S$0.065 per share per annum, even during the 08/09 financial crisis.

Today 21 Jan 2013, SingPost is valued at S$1.18, what I will get after fees is S$5,870.25.

S$5,870.25 - S$5,747.17 = S$123.08, small little profit.

But I'm not going to sell, I expect the price to go above S$1.20 when the stock is trading on Cum-Dividend (CD) because by the end of this month, they should be announcing their dividend payout. Let's see whether my prediction is accurate ;)

DBS Vickers Cash Upfront Comission-Free Trades Promotion

In Dec 2012, I made 3 DBS Cash Upfront trades, the total commission that I paid was S$18 * 3 * 1.07 = S$57.78.

Yesterday I received a letter stating that they refunded exactly S$57.78, I checked my cash upfront account and indeed the refund has already been credited, great, extra moola.

Google Chrome Causes System to Freeze for a Short While

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I can't remember when I started having this problem but sometimes when I open up a new tab, my Google Chrome browser will cause my computer system to freeze for a couple of seconds and I can't see nor move my mouse cursor. But lucky for me, I found a solution by Gautam Doddamani and it worked for me.

Just want to highlight a slight difference in Step 2, it stated to disable the following item,
C:\Users\[your-username]\AppData\Local\Google\Chrome\Application\16.0.912.77\gcswf32.dll But it's quite different from mine,
C:\Documents and Settings\userName\Local Settings\Application Data\Google\Chrome\Application\24.0.1312.52\PepperFlash\pepflashplayer.dll

But what is similar is the NPSWF32 thingy, so what I did was disable pepflashplayer.dll, install the latest flash player, restart Chrome, viola, problem solved!

My Financial Master Plan

My wife is not working and I intend to keep it that way because she's not very healthy like most people are, and to achieve that, I need to be very clear of where I'm going financially. One thing for sure is, I'm not cut out to be an entrepreneur so I'm better off just working for others instead.
My ultimate 4-steps plan!
1. Have a stable job with a steady stream of income
I have already achieved this as my company does not have any history of retrenchment (at least none that I know of) even during the last 08/09 financial crisis; what they did was freeze hiring and annual increment, but bonus was not affected though. Prospect-wise, I believe anyone in my company who is willing to put in extra effort will be rewarded, I have personally experienced this as I got slightly more bonus (and some other stuff) than my peers. And this company pays accurately and on time. My only complain is that they pay noticeably lower than other companies, but then again, job stability is w…

Tiger Airways Singapore to Bangkok Sale Fare

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Damn it! Just a few days after I bought my tickets (travelling 09 Apr) at Early Bird price of S$50, they came out with a Sale Fare of S$33.50! I could have saved at least S$60 because I bought 4 tickets! Anyway, if your seeing this and your thinking of dropping by Bangkok for Songkran (13 to 15 Apr), make your booking now! Have fun!




Thailand Household Census List

First of all, I'm not sure for other countries but in Thailand, they do have this document; it's actually a booklet. So what is inside this booklet?

In the first page of the booklet, it will contain detailed information of a house i.e. the house address, registration number and official verification (signature and stamp).

In the following pages, it will contain detailed information of persons living in the house i.e. identity card number, birth date, date when this person started living in this house and official verification (signature).

When applying for Permanent Residence (PR) in Singapore, you need to bring along this document, don't forget.

Cost of Applying or Renewal of Long-Term Visit Pass for Foreign Spouse

1. Processing Fee
After successfully submitting application or renewal of long-term visit pass online via e-VP, you need to make payment of S$30 as processing fee. Note that the processing time can take up to 6 weeks.

2. Issuance Fee
Within 6 weeks, your application should be approved in-principle, you will then have 14 days to make payment of S$60 as issuance fee.

3. Medical Check-up
Once you have made payment for the issuance fee, you will need to print out a medical check-up form, the foreign spouse is required to go for Tuberculosis X-ray and Human Immunodeficiency Virus (HIV) testing. This can be done at any General Practitioner (GP) clinic.

My wife as example, the HIV testing was done at our neighbourhood GP for S$38, the X-ray was referred by the GP to a nearby clinic with X-ray equipment, and done for S$12.80.

Note that before submitting the results to ICA, it's valid for 3 months, after submission, it's valid for 2 years, what this means is that for all new application,…