Tuesday, 6 July 2021

Olam Rights Issue

Summary


3 Rights for Every 20 shares Held at $1.25

Rights Issue Fully Sub Under Written by Temasek

Proceeds to partially repay debt used to complete acquisition of Olde Thompson and position Olam for future growth 


Olam Rights Trading Period 5-13 of July 2021

Last Date of Subscription via ATM is 19 July 2021 5pm.

Expected date of Trading of Rights Shares 28 July 2021


Either subscribe or sell off the olam rights if you do not wish to subscribe. Investors will lose out more if no action is taken.




Thursday, 1 July 2021

Live with Ark Invest

 



oin us in “Disruptive Innovation – Relevance in Today’s Environment”, as we bring you a 1 hour 30 minutes online session with our honoured guest speaker, Catherine D. Wood, Chief Executive Officer / Chief Investment Officer of ARK Investment Management.


📝 She will be sharing on the market outlook and how it relates to the ARK portfolio (Unit Trusts and ETFs). Come and find out more about the five innovation platforms that she believes have the most growth potential. 


💡 You will also discover about the difference between mainstream technology and what she feel is truly Disruptive Innovation. Thereafter, there will also be a Q&A-based discussion on investing in disruptive innovation.


Register here 👉 https://bit.ly/3qFm8BL

Tuesday, 29 June 2021

US Pre-Market Trading is available on POEMS 2.0, POEMS Mobile 2.0 & POEMS Pro with effect from 1 July 2021

Please note that Poems will be launching US Pre-Market trading on POEMS 2.0, POEMS Mobile 2.0 and POEMS Pro with effect from 1 July 2021. The Pre-Market session will start two and a half hours earlier from 7:00pm (SGT) to 9:30pm (SGT). 

What is Pre-Market Trading?

Pre-market trading is also known as extended-hours trading that happens before the regular trading day of a stock exchange. Broadly, extended trading hours refers to the trading hours outside regular trading session which includes both pre-market and post-market. Currently, POEMS is offering you Pre-Market trading for US Markets (NYSE, AMEX, NASDAQ) between 0700hrs to 0930hrs (EST).


What are the Pre-Market timings?

 

Pre-Market Start Time

Pre-Market End Time

Regular Market Start Time

Regular Market End Time

Eastern Standard Timing (EST)

07:00

09:30

09:30

16:00

Singapore Timing (Daylight Savings)

19:00

21:30

21:30

04:00

Singapore Timing (Non-Daylight Savings)

20:00

22:30

22:30

05:00

 

Please note that Pre-Market orders can be placed from 0700hrs (EST) onwards till before market opening at 0930hrs (EST) but only Limit orders are allowed. Clients need to acknowledge the Risk Disclosure Statement Form before they can access to Pre-Market trading.

 

*Risk Disclosure Statement Form is a risk warning disclosure that highlights the key risks of trading in the US extended trading hours. This includes the risk of lower liquidity, risk of higher volatility, risk of changing prices, risk of unlinked markets, risk of news announcement, and the risk of wider spreads. 

 

To acknowledge, please refer to the following steps:

  1. Login to POEMS 2.0 and click oWhat are the Pre-Market timings?

     

    Pre-Market Start Time

    Pre-Market End Time

    Regular Market Start Time

    Regular Market End Time

    Eastern Standard Timing (EST)

    07:00

    09:30

    09:30

    16:00

    Singapore Timing (Daylight Savings)

    19:00

    21:30

    21:30

    04:00

    Singapore Timing (Non-Daylight Savings)

    20:00

    22:30

    22:30

    05:00

     

    Please note that Pre-Market orders can be placed from 0700hrs (EST) onwards till before market opening at 0930hrs (EST) but only Limit orders are allowed. Clients need to acknowledge the Risk Disclosure Statement Form before they can access to Pre-Market trading.

     

    *Risk Disclosure Statement Form is a risk warning disclosure that highlights the key risks of trading in the US extended trading hours. This includes the risk of lower liquidity, risk of higher volatility, risk of changing prices, risk of unlinked markets, risk of news announcement, and the risk of wider spreads. 

     

    To acknowledge, please refer to the following steps:

    1. Login to POEMS 2.0 and click on Acct Mgmt tab 
    2. Click on RDS-Extended Hours under category 
    3. Tick the check box and click Submit




 

Alternatively, you may also login to POEMS Mobile 2.0 to acknowledge RDS: 

  1. Login to POEMS Mobile 2.0 
  2. Open a trade ticket 
  3. Click on Pre-market Session and RTH 
  4. Click on RDS Form on the pop-up^ 
  5. Click on Acknowledge in the form 



Sunday, 20 June 2021

Unit Trust that outperforms US S&P 500

Franklin U.S. Opportunities Fund

Summary of Investment Objective 

The Fund aims to achieve capital appreciation by investing principally in equity securities of US companies believed to possess sustainable growth characteristics and which meet growth, quality and valuation criteria. These include small, medium, and large capitalisation companies with strong growth potential across a wide range of sectors that have exceptional growth potential and fast growing, innovative companies within these sectors.

For this Unit Trust, you can use Cash, SRS and CPF OA account to invest.


Please click below to see Chart that shows its outperformance relative to US S&P 500.

https://doc.morningstar.com/document/88fde9b799b86b5ff5b529dacbd76531.msdoc/?clientid=phillipssec&key=52c4533bcc966857


Please click below to see Poems Unit Trust Promotion and contact me if you have further queries.

https://unittrust.poems.com.sg/transfer-in-promotion/





GTD Limit Order is now available in six markets on POEMS Pro

Poems have recently added BURSA as one of the six markets available for GTD Limit Order. The GTD Limit Order is also available in NASDAQ, NYSE, AMEX, HKSE and SGX markets on POEMS Pro. Poems are also pleased to inform that the GTD Stop Limit Order is also available in NASDAQ, NYSE, AMEX and SGX markets on POEMS Pro.

 

If you are keen to use GTD orders for advanced risk management in your trading, we encourage you to download POEMS Pro: https://bit.ly/3zhw4VW

 

Poems have also prepared some educational materials to help you to better utilise advanced order types on the POEMS suite of platforms. Feel free to check them out below:

 

 

For any enquiries, you can contact me at +65 90400848 or lionellimtp@phillip.com.sg.

 

Note: GTD Limit Order is currently available in SGX market on POEMS 2.0 and POEMS Mobile 2.0.

Wednesday, 26 May 2021

Corporate Actions: Dividends

Dividends


Counter Name                                            Ex Date          Payment Date   Rate/ Security/Unit

Sunpower                                                   9 June 2021      18 June 2021      SGD 0.1406

Frasers Logistics & Commercial Trust      1 June 2021      24 Aug 2021      SGD 0.00721

Mapletree Ind Trust                                    28 May 2021    28 June 2021     3 Cash Options

Jiutian Chemical Group                             2 June 2021      18 June 2021      SGD 0.0035

Thai Beverage                                            27 May 2021    11 June 2021      THB 0.15

Sasseur Reit                                               10 June 2021     25 June 2021     SGD 0.01759

UMS                                                           13 July 2021     27 July 2021      SGD 0.01


Extracted from SGX Website. Click Here to see more. 


Corporate Actions: SIA Rights Issue

SIA Proposed Renounceable Rights Issue

Every 100 SIA shares that you owned will be entitled to 209 Mandatory Convertible Bonds at an Issue Price of $1.00.

Conversion Price is $4.84(Maturity Date 8th June 2030)


Important Timelines

Shares Trade Ex Rights                                                                         27th of May 2021

Commencement of Trading of Rights                                                   2nd of June 2021

Last Date of Trading of Rights                                                             10th of June 2021

Last Date and Time for Subscription via ATM                                     11 June 2021 at 930pm

Expected Issuance Date of Rights 2021 MCBs                                    24 June 2021

Expected Date of Commencement of Trading of Rights MCB 2021   25 June 2021


For more information on the Rights Issue, please click Here