Updates for Sep 2018

Time flies... it is finally 3 quarters of a year gone and 笨mummy has been in her new workplace for 9 months. She also received news that her buddy at workplace just throw in the letter. It is sad to have someone that you look up to advices and assistance at work leaving. His resignation also indirectly benefit her as she has been assigned to take over most of his current portfolio. But it also indirectly highlighted some of the problems with the current management. 

Investment wise, it was an exciting month with news of a GO for M1 which 笨mummy is holding on to 20k units with an average cost of $2.1 after accounting for dividend. The offer of $2.06 is less than the average cost but the overall loss is not too huge to bear. Of course, she is still hoping for a higher counter offer. Meanwhile, she would just wait and see. 

Added 5,000 units of Ascendas REIT
笨mummy also did a bit of shopping this month and added 5,000 units of Ascendas REIT on 7 Sep 2018 when the private placement news was released.  Some may argue that the purchase price of $2.63 may be a premium compared to the private placement price of $2.54. But  笨mummy, being a long time vestor in this REIT has seem a number of early private placement where the share price would raise eventually again and much higher than the private placement price after a while. It is always good to go in during such opportunities to get the shares even at a slightly premium.

On hindsight, the purchase is not a bad decision since the price has recovered to 2.64 at the last day of the trading this month. 

Dividend / interest for month of Sep 18:  
Nera Tel - S$ 50
Kingsmen - S$ 50

Dividend received in Year 2014	S$ 8,241.99
Dividend received in Year 2015	S$ 8,978.59
Dividend received in Year 2016	S$ 12,145.15
Dividend received in Year 2017	S$ 12,964.44
Dividend received in Sep 2018	S$ 100
Dividend received in Yr 2018 to date	S$ 10,933.20