Saturday, 30 April 2022

May 2022 cash refunds from Frasers and SPH


SPH

 I have been holding a small amount of SPH for about 12 years with an average buying price of around $2.25. I have accepted the buyout offer to surrender my SPH shares for $2.36. So after 12 years, my CAGR is 0.4% So this shows the shortcomings of my inability to sell stocks.

Fortunately, thanks to the power of CD, the overall picture is slightly better. Between 2009-2021 (12 years of dividend) I collected total dividends of $2.475 which I used to reinvest into other stocks/ETFs.

I'll be getting about $12k back for my warchest.


Frasers 3.65% Retail Bond

I have been holding the bond since IPO and collecting 3.65% coupons every year. This has been a really worthwhile place to park my spare cash. After IPO I even bought a little more when it went below the $1 IPO price. However, its finally maturing in May and I'll be getting $42k back for my warchest.


 


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