Free 2GB of Mobile Data Per Day

TPG Mobile is offering a free 12 months trial on their mobile service right now. I bet no Telcos in Singapore can offer you free 2GB of mobile data per day except TPG mobile. My current mobile plan offers only 3GB of data per month!

For those who are interested to sign up for the free trial, you can do so at their website. But please do take note that the registration is closed once they have enough registrations for the day. Even though their website has mentioned that they will open registration daily at 9am, the registration remained closed for a couple of days. I have to keep monitoring the registration page and I was lucky to register for the free trial when they opened last week.

Collection of the SIM card was easy at Shaw Center. You only have to flash the barcode in the email that TPG emailed you immediately after the registration and do bring along your NRIC for identification.

With such fantastic deal like above, it is no wonder TPG mobile can be a threat to Singtel, Starhub and M1.

Singtel Power Fixed Price Plans

This is probably old news. I only found out today that Singtel and Geneco has announced a partnership on 10th January 2019 to offer Geneco electricity plans. Singtel will be reselling these plans through Singtel Power. Since the electricity re-seller scheme has not been rolled out in the area that I am staying, I am still paying for electricity to SP Power (SP Group).

Below is the plan advertised by Singtel Power which looks very attractive to me as it offers up to 30% savings.

Fixed Price plans Fixed Price plans Discount off the Regulated Tariff plan
Contract term 36 months 24 months 24 months
Geneco electricity plan Get It Fixed 36 Get It Fixed 24 Get It Less  24
Price (incl. GST) 17.88¢ per kWh 17.98¢ per kWh 22% off regulated tariff
Estimated savings in reference to Q1 2019 regulated tariff 30% 30% 22%

T&Cs apply and rates are subject to change. 

Q1 2019 regulated tariff (incl. 7% GST) = 25.52¢ per kWh

Which re-seller of electricity have you switched to?

Alpha Summit 19 – 20 Jan 2019

While others spent their weekend shopping for the upcoming Chinese New Year, I spent my weekends at the Alpha Summit event that was organized by The Fifth Person. The event was packed with mind blowing contents that are all related to stock investing, stock portfolio management and investing experiences sharing. I am proud to attend the event.

At the event, we were taught how to spot ten bagger stocks by looking at the free cash flow on equity. I also learnt that asset light businesses can scale without excessive capital which means asset light businesses can grow at a faster rate as compared to asset heavy businesses. It is also interesting to know that we cannot find 10 bagger stocks in Singapore stock market. If we want 10 bagger stocks, we have to look at the US stock market.

Victor also shared some tips for investing into growth stocks. He shared that the timing to buy must be crucial and the business of the stock that you are buying into must be scalable. The size of the stock also matters. Last but not least, the holding period must be long which means we should learnt to be long term investors (5 to 10 years) as compared to being short term investors (sell within 2 years).

Kenny shared how to identify valued growth companies like Facebook and Google Alphabet by teaching us how to calculate the Return On Incremental Invested Capital.

On the second day, iFAST CEO, Mr Lim Chung Chun came down to the event to share his past experiences as a stock broker and how he started Fundsupermart. He also shared his thoughts on iFAST expansion into the China market. The china market is currently still lost making for iFAST. As a CEO, he has consistently bought shares of iFAST. He shared with us that his reason for buying iFAST shares is that he want to put his heart and soul into his company. By buying his own company shares, he can focus on growing the company.

The event ended with an expert panel discussion by Tay Jun Hao, Victor, Kenny and Rusmin who answered many of our questions that we posted.

I have learnt a lot over these two days and I look forward to more of such fruitful events.

Thank you The Fifth Person!