CPF – Aged 55 & above

This post is meant to summarised what you need to know about CPF when you’re turning 55

  1. You have to choose the 3 levels of retirement sums that you want
    • Basic Retirement Sum (BRS)  – ($83k)
    • Full Retirement Sum (FRS) – ($166k)
    • Enhanced Retirement Sum (ERS) – ($$249k)
  2. After 65 you can choose from 3 CPF Life plans  // You can choose when you want to start the payouts
    • Standard plan
      • Pays you more today less for your kids in the future
    • Basic plan
      • Pays you less today more for your kids in the future
    • Escalating plan
      • The payout increases as you grow older while ur kids gets a smaller pay
  3. Healthcare
    • Your basic healthcare sum as of 2017 is $52k
  4. Interest Rate
    • Like mentioned previously in my other CPF post, you will have additional interest rate (1-2%) on all your accounts.


  1. Can I do lump-sum withdrawals?
    • Not unless you turned 55 before the year 2013
  2. How much can I withdraw from my CPF?
    • $5k and below — Haven’t meet BRS/FRS (Requirements)
    • $5k – Your FRS  — Excess in your RA after the BRS (Requirements)
    • More than your FRS — Excess in your RA after the FRS (Requirements)
      • Example : You have $120k, You can withdraw $37k ($120k – $83k).
  3. What if the total amount in your CPF doesn’t even meet BRS
    • You can only withdraw up to $5k
  4. Can I don’t sign up for CPF LIFE?
    • Yes, ONLY  if you dont want to be a citizen, have certain illness (that requires that money), reduced life expectancy.
    • or else, You HAVE TO sign up

p.s Let me know if I missed out on other informations that could really benefit everyone 🙂

“+1 Knowledge point”


Swee Hong – What really matters in a Stock?

“Swee Hong Limited, an investment holding company, engages in the civil engineering and tunneling works in Singapore. It offers construction engineering services comprising micro tunneling/pipe-jacking and tunneling services; parks and services in architectural, mechanical and electrical, civil and structure, soil improvement, and landscaping sectors; and infrastructure construction services, including roads, bridges, flyovers, canals, and sewers. The company was founded in 1962 and is based in Singapore.” – SGX


  • Price to book ratio : 6.281 (600% Above fair value)
  • Price to earning ratio : 2.124 ( Below industry standard – 20.83)


  • Debt To Equity : 64.9%
  • Growth Performance : –
  • Dividend Yield : 0.23%[ 5 years]
  • Current Ratio : 0.913
  • Book Value per share : 0.0029
  • Cash Flow per share : 0.0233
  • Poor management ability ( dividend growth  | High net profit margin | Low Net Income  | overall Positive cashflow within its business / Heavy reliance on financing )Screen Shot 2017-07-22 at 9.33.06 amScreen Shot 2017-07-22 at 9.33.01 amScreen Shot 2017-07-22 at 9.32.57 am

3) Technical Analysis

Screen Shot 2017-07-22 at 9.40.05 am.jpg

Price action on the Daily Chart, indicates that market is still in a long term bearish trend, but somehow bullish momentum is building up on short-term. The big gap looks like a huge institutional sell off with great volume. A market execution order will put you in a 1:0.3 RR ratio.

4) Would I be vested into this company?



  • Overvalued
  • Cost of doing business is crazy
  • Average days of inventory has increase like crazy even with the increase of spending
  • Poor current ratio


  • Low RR ratio
  • Market still has a long way to signify a greater bullish momentum

Disclaimer: This information is biased and doesn’t act as an advise for your actions.

p.s as many people have kept commenting on the limited about of numbers or information is because I want those lazy nut sacks to do their own due diligence.

“+1 Knowledge Point”

#13 – AUDSGD ( Will Australia dollar beats Singapore’s?)

Screen Shot 2017-07-22 at 9.01.57 am.jpg

On the Monthly Chart of AUDSGD, market seems to indicate that the Australian dollar is picking up strength against the Singapore dollar. It has failed to break key level ($0.99) and has since then built a bullish momentum.

Screen Shot 2017-07-22 at 9.05.42 am.jpg

Weekly Chart, has clearly shown how buyers in control for the past few weeks. It fought back 1 month worth of sellers desperate pull down. Last week, market broke mini key level, while closed with a “uncertain” doji.

Screen Shot 2017-07-22 at 9.09.26 am.jpg

Daily Chart, puts current market analysis in a spot where market candlestick is showing signs of reversal to the bear side. Market will have to retest daily before a better probable trend trade can be made.


Australian dollar looks pretty strong technically as compared to the dollar on recent trend line analysis (bigger timeframe). Singapore requires a bigger growth/event to signify greater market as compared to Australia.

My trading conclusion?


I’ll be waiting for Daily market price action before making an entry into this pair. If market would to break daily key level, it would also justify that weekly is in a bearish trend that requires a decent retracement before gaining momentum.




United Engineers Limited – What really matters in a Stock

Founded in 1912 | Property/Engineering/Manufacturing

Comparison will be done with Boustead (F9D)


  • Price to book ratio : 0.873 (22.7 Below fair value) F9D – 1.553
  • Price to earning ratio : 65.12 ( Above industry standard – 35.86) F9D – 14.521


  • Debt To Equity : 50.35% | 27.44%
  • Growth Performance : -42.99% | -10.33%
  • Dividend Yield : 2.09%[ 5 years] | 2.84% [ 5 years]
  • Current Ratio : 2.11 | 2.17 [Stable]
  • Book Value per share : 3.06| 0.6166
  • Cash Flow per share : 0.0583 | 0.1231
  • Average management ability ( dividend growth  | Weak net income/gross profit margin | overall Positive & Strong cashflow within its business )Screen Shot 2017-07-15 at 11.06.37 amScreen Shot 2017-07-15 at 11.06.21 amScreen Shot 2017-07-15 at 11.06.04 am

3)Technical Analysis

Screen Shot 2017-07-15 at 11.13.16 am.jpg

Price action on the weekly chart shows that market is in a bullish trend for the past few weeks before forming a Head and Shoulder pattern. The stock seems to be respecting the pattern as you can see the immediate retracement when price tries to break above (ignoring the trend). An entry in this trade would not be wise as market in the past few weeks has been forming bearish characteristics.

4) Would I be vested into it?

No for now (because of technical), but might in the future.


  • Good cashflow management and undervalue
  • zero dividend growth
  • Low profit margin might be due to the size of the company


  • H&S pattern is respect
  • RR ratio is not worth the entry


” +1 Knowledge Point”

“+1 P.I”

#12 – AUDUSD (Dollar weakening)

Majority of the currency pairs are gaining on the dollar

Screen Shot 2017-07-15 at 10.32.09 am.jpg

Spotted USD weakness over on its index and an opportunity to hedge against it through AUDUSD. Monthly trend seems to be forming bullish characteristic as it tries to break off previous high. Bullish momentum is strong in the volume indicator.

Screen Shot 2017-07-15 at 10.35.02 am.jpg

During May, price action has failed to break key Weekly level and since then, market has been making strong progressive bullish candlestick. As you can see, multiple rejection of a bearish pull down.

Screen Shot 2017-07-15 at 10.37.58 am.jpg

On the Daily Chart, Market bearish channels were broken as soon after formed bullish trend characteristic. This was what got me into preparing an entry into this pair.

Screen Shot 2017-07-15 at 10.41.18 am.jpg

On the 4Hour Timeframe, A channel was spotted, and the immediate break off it with a doji was what led to a market entry. My exit strategy on the this was to exit when market showed weakness, which led to the 1:5 RR ratio.

Hopefully everyone caught it too 🙂

“Habit is built through repeated actions”


Is CPF really that bad? (Part 3 – Healthcare)

What does Medisave do?

“Medisave is a national savings scheme which helps CPF members save for future medical expenses, especially after retirement.” – CPF.GOV.SG

What can you do with your Medisave account?

Use it at all public healthcare institutions, and approved private hospital and medical institution – Click here if you want to know which specific one

Benefits of Medisave?

  1. Use it for yourselves (of course) and for you family members
  2. For all medical issues
    • “The Medisave Withdrawal Limits are generally enough to pay for the charges incurred by a patient staying in a Class B2/C ward in a restructured hospital. If you decide to stay in a higher class ward or a private hospital, you may have to pay part of the bill in cash. It is therefore important to choose a ward or medical institution that you can afford. For a rough estimate on the medical charges, you can check the hospital bill sizes by medical condition / procedure at the Ministry of Health (MOH) website. If you know your estimated medical charges, you may use our Medisave/MediShield Life Calculator to estimate how much you can claim.” – Cpf.gov.sg

Cons about Medisave?

  1. There are limits on medical issues
    • For example; outpatient scan of $600 per year for cancer treatment
    • How to go about it?
      • use your family’s member
  2. There’s a cap amount of $52,000 called basic healthcare sum (BHS)

Still think Medisave is not enough for your future healthcare needs?

Medishield Life was created in 2015 to replace Medishield. ” It is a basic health insurance plan, administered by the Central Provident Fund (CPF) Board, which helps to pay for large hospital bills and selected costly outpatient treatments, such as dialysis and chemotherapy for cancer. ” – CPF

Do you have to apply for it?

No! it is a replacement of the old Medishield plan that everyone has.

Why should you max out your MA account?

Similar to your SA, it gives the same interest rate and any amount above the BHS will go into you your other CPF A/C. Additionally, the amount for BHS rose by 4.4% within a year, which means you require a higher amount of $$ in your MA when you’re older. Remember compounding now and at a larger number beats “most of the future” compounding.


All in all, the money in your medisave account acts like a full basic healthcare insurance plan which can be used mainly everywhere in Singapore. If you need better care, an insurance plan is needed to cater to that need. 

The question to you is whether it is suffice? How knowing this can plan your insurance needs?



AEM Holdings – What really matters in a Stock

3 Manufacturing Plant (China, Malaysia, Singapore) | Presence is in 8 countries | Precision / Plating & Chemical /  Equipment Solution | Many famous directors in its board

Maybank holds 5 %,  while 40% are hold by two separate Novo Tellus companies

Comparison will be done with Micro-Mechanics (5DD)


  • Price to book ratio : 4.364 (436.4% Above fair value) 5DD – 3.385
  • Price to earning ratio : 17.798 ( Above industry standard – 23.74) 5DD – 13.01


  • Debt To Equity : 0.19% | – No data Available-
  • Growth Performance : -6.48% | 11.68
  • Dividend Yield : 2.38%[ 5 years] | 0% [ 5 years] – They pay dividend
  • Current Ratio : 1.68 | 4.83
  • Book Value per share : 0.5316 | 0.3604
  • Cash Flow per share : 0.1421
  • Below average management ability ( Average dividend growth (Only started paying in 2015) | Weak net income/gross profit margin | overall Positive cashflow but weak)Screen Shot 2017-07-08 at 10.35.56 amScreen Shot 2017-07-08 at 10.35.33 amScreen Shot 2017-07-08 at 10.35.29 am

3) Technical Analysis

Screen Shot 2017-07-08 at 10.43.47 am.jpg

This is definitely a popular stock as you can see the price jump of 10.5 times in a span of 1 year. Market is a overall bullish trend but is not in a short-term perspective. A live entry puts you in a 1:0.74 RR ratio. Technical entry would be very speculative at this

4) Would I be vested into it?

Nope but I would love to know more about this company. The amount of money you will make in one year is ridiculous.

Fundamentally :

  • $2.58 million debt dropped to a mere $85k within 5 year (is absolutely amazing)
  • Current ratio can’t beat competitor’s
  • Heavily overvalued
  • Poor cashflow

Technically :

  • An entry would be quite speculative

“+1 Knowledge Point”