Summary of July 2018 Transactions

I have been holding on to the cash that I had from the delisting of AusNetServices from Singapore Stock Exchange (SGX). After a quick screening through my stock portfolio, I decided to increase my holdings of Frasers Logistics and Industrial Trust from 8% to 11%. The share price of Frasers Logistics and Industrial Trust hovers at S$1.04 to S$1.05 and may possibly go lower due to the weakening Aussie dollar against Singapore dollar. At the point of writing, S$1.00 translates to A$0.99. Given the current share price of S$1.05 and estimated dividend of 7.22 cents for FY18, this translates to a dividend yield of 6.88% which I deem to be pretty attractive.  Read More