Strategy Report Feb 2018: Initiating Position in SSE

I have already taken a position in National Grid (NGG) and will also take a position in SSE  (previously known as Scottish and Southern Energy) . When I find a sector attractive due to its dividend yields, I prefer to diversify by buying more than 1 stock from that sector. 

To help me with my decision-making, I decided to subscribe to the purely quantitative Robo-Analyst Report Stockreports+ by ThomsonReuters. IBKR gave me a free trial and I liked the way it summarised useful quantitative information and also gave a peer comparison.  Also, Morningstar did not have a recent report of National Grid. As for Motley Fool, they love this share, just like they love almost any share with a high dividend yield. 

In the fundamentals section of the report, the Robo-Analyst Looks at:

• Profitability:  Revenue Growth, Gross Margin, RoE, Net Margin
• Debt: Current Ratio, Debt-to-Capital, Interest Funding, Interest Coverage
• Earnings Quality: Operating Cash Yield, Accruals, Days Sales to Inv, Days Sales in Rec.
• Dividend: Dividend Growth, Dividend Payout, Dividend Coverage, Current Div. Yield

Obviously, the importance (or relevance) of factors like Days Sales to Inv may vary across sectors, so you have to take that into account. 

Strategy Report Jan 2018: Small dip

A small market correction in a overheated market occurred shortly after I received my $20k+ for the GLP privatisation. Bought US$11k and GBP4,060 and used it to purchase shares during the small blip. 

I haven't had much practice buying shares in a downturn since Brexit, so this was an opportunity to get back into practice by starting off with purchases of small amounts. This way, when the prices get really good, I'm ready to press the order button on bigger amounts. 

Each time I buy, the price goes down further, which is something I am familiar with. I guess I am more comfortable with averaging down as opposed to averaging up. 

I also bought some Singapore spares, namely Singtel, Frasers HT and Fraser LITR.

Dividend Report: Jan 2018

Average dividends per month: Jan 2018

S$1,253.1   [2017: $408]  SCB FHT dividends were late.

£645.51        [2017: £352.21]

US$951.10    [2017: US$627.24]

A$72.21        [2017: none]

Notes:

Average dividend per month = total dividend collected / number of months in the year so far.+ and - are used to indicate whether the average monthly dividend has gone up or gone down.Vanguard quarterly dividends reported on Jan/April/Jul/Oct