Saturday, 11 May 2024

Ex div for DBS n OCBC

 Stoks

  • SG banks has released all their earnings with DBS n OCBC still outperforming this Q although talks of potential cuts may hurt their business.
  • UOB was not spared as their results were not as good as the two but still managed to recover slightly over the week.
  • Sold off with dividends for a profit of around $300 after seeing Cory doing the same as well.
  • Tbh, its not worth holding UOB giving 5.5ish% compared to DBS/OCBC at 6+% with higher metrics.
  • Will consider should prices fall to at least 28 and below for a 6% yield.
  • But as AK71 mentioned, the yield may increase should they decide to pay a higher yield by increasing payout ratio.
  • Will continue to buy in if necessary, same go for reits even though some rebound but not all is green even with dividends.
  • Looks like CN/HK are on the rise, too bad paper handed Link and Ping An but oh wells, at least recovered back w SG.
  • Bought into MPCAT after seeing ML video, MIT/MLT/AREIT and some OCBC after their ex-div. 
  • After their results released on Fri morning, they had plans to buy over remaining stake of GE which means a potential higher ROE.
  • Thats the end for ex div in Q1, remaining payouts will be distributed till the end of June.





Notch bad for DBS n OCBC







  • Closed my MSFT 410C on Mon before the runup and walked away with 6.94 USD, even with another 420C profit, still down 297.68 in option play since re-entry.
  • Fortunately offset with the increase in share price for now. 

US P/L 271187.12 

SG P/L 38942.68*

*Not inclusive of MPACT/FCT/ME8U div

HK P/L 192977.35






142775.74 SGD, 40K topup









MPACT addon






30.4% Banks

41.2% Reits

18% Cash*

10.31% US Tech

*Lesser due to pending of Div payouts till end of June

Life
  • Managed to hit 40 push ups for 1min max, good improvement since end of March?
  • Hopefully situps will be trained from running, will attempt in July where weather hopefully becomes better.
  • Being stuck in finding variations for training soon...pkl

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