To The Moon

The SGX Dividend Stocks Closest to Passing My Forensic Floor (And Why None Have Cleared It Yet) 🦖 🔍 The Angle I ran every SGX dividend name I track against the 4.7% yield hurdle. None cleared it. The closest miss sits 49 basis points away, the widest 167 basis points out. That gap is not a rounding error, it decides whether your income actually clears the floor. 💰 What It Means For You A 49-basis-point miss like DBS can close through calendar mechanics alone, SingTel's 167-basis-point gap needs a real move. Your CPF and SRS income depend on understanding which gap you are holding. Iggy's Forensic Zone: Zone 4, Caution. 📺 YouTube: https://youtu.be/-ZDEryRvFhw 📩 Substack: https://investingiguana.com/p/the-sgx-dividend-stocks-closest-to

Beansprout Says Wait For The Next SSB. My Question: Wait For What, Exactly? 🦖 🔍 The Angle Everyone is asking whether to apply for this month's SSB or wait for next month's rate. The real question is whether this money should be earning SSB rates at all. My forensic floor sits at 3.2%, and neither 2.25% nor the projected 2.33% clears it. 💰 What It Means For You If your CPF Special Account is yielding 4% guaranteed, it already beats every SSB rate on the table. SSBs earn their keep for liquidity, not retirement income, so know which job your cash is actually doing. If you are treating the same pool as both safety buffer and retirement drawdown, it usually does both badly.

How to Spot a Dividend Cut Coming, 5 Signs I Check on Every SGX Stock 🦖 🔍 The Angle I keep seeing SGX dividend stocks that look safe on yield until the balance sheet tells a different story. The five signs I check all show up before the cut, not after. Revenue or profit declining for two straight periods is the single most common precursor, and it's hiding in plain sight inside filings you already have access to. 💰 What It Means For You If your CPF or SRS income depends on distributions that look fine on paper, check whether the payout is actually earned from recurring core earnings or propped up by one-off monetisation gains. A stock showing one of these signs isn't automatically a sell, but it buys you time to notice pressure months before the announcement. Iggy's Forensic Zone: Zone 4,

Hong Kong Is Poaching Singapore's Fund Managers. DBS And UOB's Results Prove It.🦖 🔍 The Angle OCBC's latest results show non-interest income at 43.9% of total, up 8.2 percentage points. That is not a side business anymore, it is nearly half the bank's earnings. MAS just announced tax breaks to stop fund managers from walking to Hong Kong, and that fight lands directly in this income line. 💰 What It Means For You Fee income growth supports future dividends, but it does not fix today's yield gap. DBS sits at Zone 4+, UOB at Zone 4-, OCBC at Zone 5, all three still failing the 4.7% yield hurdle. Watch non-interest income across the next quarters, not the policy headline. Iggy's Forensic Zone: Zone 4, Caution.

Indonesia Just Raised Rates to Defend Its Currency. Singapore Can't Do That, And That's the Point 🦖 🔍 The Angle Indonesia just hiked rates to 5.75% to defend the rupiah. Singapore did not raise a rate at all, because MAS does not set one. That is not inaction, it is a different lever entirely. MAS manages the exchange rate band, and that choice is why your CPF SA return does not need to chase foreign capital. 💰 What It Means For You Your CPF Special Account pays 4.0% per annum, guaranteed, without competing for footloose foreign money. Indonesia's higher yield exists to compensate for capital flight risk. Singapore's framework, CPF chief among its domestic buffers, was built to avoid that exposure. Sometimes the quieter number is doing more work. 📺 YouTube: https://youtu.be/SuZqOe0IKpk 📩 S

My Sister Asked If A Bond Issuance Is Good News Or Bad. It Is Not That Simple 🦖 🔍 The Angle When a company issues a bond, are you looking at fresh growth, or a balance-sheet hole being quietly patched? I do not judge the headline. I check whether the new debt changes gearing, interest cover, Net Debt to EBITDA, and the reason for borrowing. UOB’s £1 billion covered bond shows why context matters: bank funding can be routine, not a stress signal. 💰 What It Means For You For a CPF, SRS, or dividend investor, the key question is what happens after the borrowing. Gearing can rise immediately, interest cover can fall below my 4 times floor, and Net Debt to EBITDA becomes a yellow flag at 5 times. UOB remains a Zone 4, Caution forensic signal in my Ledger, but this bond itself does not change th

Koh Brothers Drops a $57.6 Million Bomb Hours Before a Shareholder Vote. Coincidence? 🦖 🔍 The Angle Koh Brothers just disclosed S$57.6 million in potential legal liabilities hours before shareholders voted on its mainboard transfer. The stock had already slipped 2.6% to 11.4 cents the day before, so price moved first, filing came after. That sequencing is the real story, not the headline number. 💰 What It Means For You For CPF and SRS investors, this is a governance pattern to track, not a verdict to trade on. SIA's July traffic rose 2.6% with an 86% load factor, yet the share price drop from 7.77 to 7.10 narrows a yield gap in my framework without flipping the call. Iggy's Forensic Zone: Zone 4, Caution, remains a timing signal, not a permanent rejection. 📺 YouTube: https://youtu.be/p1k6S

How I Actually Read a Financial Report (Using a REIT That's Failing One Number 🦖 🔍 The Angle Keppel DC REIT’s 1H 2026 DPU rose 11.3% to 5.714 cents, yet portfolio occupancy slipped to 92.5% from 95.6% last quarter. The gap comes from one asset: the Cardiff data centre in the UK is now vacant, dragging the headline even though 95% of revenue-generating power capacity remains contracted. 💰 What It Means For You For CPF and SRS investors, the balance sheet still clears: gearing at 34.0% and ICR at 6.9x leave real headroom, but the 92.5% occupancy sits 2.5 percentage points below a 95% floor for prime assets. Iggy’s Forensic Zone: Zone 4, Caution. Watch for a Cardiff re-leasing update before assuming the yield fully reflects the risk.

Mapletree Industrial Trust's DPU Just Fell. But That's Not Even the Real Problem.🦖 🔍 The Angle A REIT yielding 6.6% just cut its DPU by 4.9%. That is not the problem. Gearing crossed 35%, occupancy fell below 95%, and interest coverage missed 4.0x cleanly. Three hard gates failed in one quarter. 💰 What It Means For You If you hold MIT for CPF-S or SRS income, the question is not the 6.6% yield. It is whether gearing at 37.5% and data centre occupancy at 82.5% normalise in the next two quarters. Iggy's Forensic Zone: Zone 4-, Caution. Legacy holders watch the next print. Fresh capital waits for two of three gates to clear.

Planners Say Ditch T-Bills Now. My Question: Why Weren't You Asking This In July? 🦖 🔍 The Angle Why did everyone wait until the six-month T-Bill yield fell from 1.59% to 1.56% before questioning it? The headline focuses on a three-basis-point move, but the bigger forensic issue is that 1.59% was already 1.61 percentage points below my 3.2% Forensic Floor. 💰 What It Means For You If your cash is needed within a year, the T-Bill is still doing a parking job, and this auction changes very little. But if you are comparing retirement income options, CPF OA at 2.5% already exceeded the strongest T-Bill auction this year, while CPF SA and RA at 4% came much closer to the hurdle. The question is not whether this week's yield dipped, but which bucket your money actually belongs in.