Dividends Collected: Feb 2021

 

A lot of S$ dividends collected in Feb. STI ETF, CDL HT, Ascott RT, etc

Subscribed Astrea VI, Frasers Property rights issue

 

I've subscribed to all the previous Astrea retail offerings, so Astrea VI bond was no different. I pressed for $21k and got $10k. 3% for 5 years (i.e. they will probably call it after 5 years rather than allow the step up to 4% for another 5 years), while lower than previous offerings, is still more attractive than fixed deposit. 

Also, like other Astrea offerings, I also encouraged my relatives to apply and they were happy to do so as its much better than savings/FD for them.

Fraser's Property Rights Issue is a bit trickier as the offer price is the same as the current market price of $1.18. 

But if you recall I accepted my entitlement for the Frasers Centrepoint Trust Rights Offering at $2.34 without subscribing for excess (except what was necessary to round up to the nearest thousand), price dropped to $2.25, then rebounded and is now $2.55. So maybe there's a chance for a rebound after the rights issue overhang for this. Anyway, I want to be cautious as this counter is not in my priority list of counters to accumulate, so I applied for my entitlement rounded up to the nearest 500.

https://buyaftercrash.blogspot.com/2020/10/strategy-oct-2020.html

March 2021: STI 3,100 / IBKR portfolio up.

 

Year to date STI is up 9.31% while my IBKR portfolio is up 11.81%. Looks like I am on track for 10% return this year. Since it is only March, it makes me wonder whether I need to upgrade my forecast. That would also mean that there is still more upside to go and I should buy more instead of only building up my warchest.