Friday, February 27, 2015

27 February 2015

This is a very short month and with Chinese New Year falling in the middle of it, my priority is definitely not on stock market, though I still read the business news to keep myself informed what was going on.

"Grexit" is still in the news very often. China's slowdown has somewhat affected the Asian investors' sentiment. So it seems that only US is doing well, with the fed chief indicated that she may not raise the interest rate so soon and too drastically. Local corporate earning results are a mixture, with some companies doing well and some don't. Most of the companies are still profitable but their margins are squeezed. So for those companies in my portfolio which have announced dividend, quite a few have reduced the dividend declared.

STI closed today (27 Feb) at 3402.86, up 11.66 points or 0.34% from last month. Noble Group's negative surprise today and other reasons helped to wipe out most of the gain this month. My portfolio value increased only 0.17% this month (net of new funds invested), not as good as STI.

I sold away all my Pac Andes shares this month. I bought some Aztech shares. I also received shares from Cambridge Tr, First Reit, Frasers Comm Tr and Mapletree Log Tr. from scrip dividend scheme. Net fund invested was S$2,512.82. Total passive income received in February was S$9,655.60. I also accepted Popular's conditional cash offer.

Below are the top 30 holdings as at 27 February 2015. Besides some swopping of positions, there is not much change in the list. The SG market has been quite dull with low volume.

1. ComfortDelGro
2. SPH
3. OCBC Bank
4. DBS
5. Ausnet Services
6. Metro
7. Starhub
8. Sembcorp Ind
9. ST Engineering
10. Frasers Comm Tr
11. SGX
12. CapitaLand
13. OUE
14. CitySpring Trust
15. CapitaComm Tr
16. United Engineers
17. AIMSAMP Cap Reit
18. Nikko AM STI ETF 100
19. Mapletree Log Tr
20 Ascendas Reit
21. YZJ Shipbldg SGD
22. SIA
23. SingTel
24. Sing Inv & Fin
25. Global Inv
26. SATS
27. Lippo Malls Tr
28. Sembcorp Marine
29. Frasers Cpt Tr
30. SingShipping

Sunday, February 1, 2015

30 january 2015

The equity market has been very volatile this month. Stock indices went up and down like a yo-yo. Oil price crisis still are still haunting the market. Negative economic data from China and Europe further depressed the market sentiment. ECB’s QE decision gave a boost to the market sentiment, which improved in the 2nd half of the month. Positive results reported by the S-Reits also helped the market to recover. The MAS' shifting of strong S$ policy seemed to have positive impact on the stock prices as well.

As at 30 January, STI closed at 3,391.20, rose 26.05 points, or 0.77% compared to last month. My portfolio performed better than the STI this month. As at 30 January, its value increase by 2.15%. Certain counters benefited from oil price drop and performed very well in this month.

I bought some Tat Hong shares this month, and received some Boustead shares through scrip dividend scheme.I tried to nibble on SCI and Keppel Corp in vain. I also participated in the right issues of Pac Andes. The total fund invested in stock market was S$9,850.

The major share holder of Popular Holdings Ltd, one of my flavoured dividend producing counter, has announced their plan to take the company private. Looking at the way things go, I think I will have no choice but to sell my small stake to them. I will miss the constant dividend from this counter, though I will sell the shares with a handsome profit.

Total passive income amounted to S$5,168 this month, from both shares and UT portfolio. Below are the top 30 counters as at 30 January 2015. ComfortDelGro overtook SPH and took the top spot due to recent price run-up. The number of position changes showed the volatility of the market. Keppel Corp and Ascott Reit was replaced by Fraser CT and SingShipping.

1.     ComfortDelGro
2.     SPH
3.     OCBC Bank
4.     DBS
5.     Ausnet Services
6.     Sembcorp Ind
7.     Metro
8.     Starhub
9.     Frasers Comm Tr
10.  ST Engineering
11.  SGX
12.  CapitaLand
13.  United Engineers
14.  CitySpring Trust
15.  OUE
16.  CapitaComm Tr
17.  AIMSAMP Cap Reit
18.  Nikko AM STI ETF 100
19.  SIA
20.  YZJ Shipbldg SGD
21.  Ascendas Reit
22.  Mapletree Log Tr
23.  SingTel
24.  Global Inv
25.  Sing Inv & Fin
26.  Lippo Malls Tr
27.  Sembcorp Marine
28.  SATS
29.  Frasers Cpt Tr
30.  SingShipping

Tuesday, December 30, 2014

31 December 2014

From the stock market point of view, this month could be split into 2 half. The first half of the month was nominated by the oil price slump. Together with the weak performance in Chinese and European economy, the STI, together with the regional indices, dropped more than 4%. There was a great fear in the market that a crisis was on its way. However Santa Claus came and brought with him the Christmas and Year End rally (Frankly, how else can you explain this rally?). As at today, STI closed the year at 3,365.15, up 0.44% from end of November.

My portfolio did not perform as well as the index this month. Compared to last month, its value on rose 0.06%. I think it is because I have quite a few counters that are correlated to oil price. I tried to nibble on Keppel Corp and SembCorp Industry but was not successful in the bid. So I end up watching the prices recover empty handed. Too greedy - sigh. I received some shares from Mapletree Ind Tr, Cambridge Ind Tr and AimsampIReit through Scrip Dividend Scheme.

Total passive income (incl. dividend from shares and UT) amounts to S$12,471. 75. Below are the top 30 holdings as at 31 Dec 2014. There are not much changes. Keppel advance a few positions as price recovered. Lippo Mall moved down as its price dropped. Sabana Reit was replaced by Ascott Reit.

1.   SPH
2.   ComfortDelGro
3.   DBS
4.   OCBC Bank
5.   Ausnet Services
6.   Sembcorp Ind
7.   Starhub
8.   ST Engineering
9.   Metro
10. SGX
11. Frasers Comm Tr
12. CapitaLand
13. CitySpring Trust
14. United Engineers
15. CapitaComm Tr
16. OUE
17. AIMSAMP Cap Reit
18. Nikko AM STI ETF 100
19. YZJ Shipbldg SGD
20. Mapletree Log Tr
21. Ascendas Reit
22. SIA
23. SembCorp Marine
24. Sing Inv & Fin
25. SingTel
26. Global Inv
27. SATS
28. Lippo Malls Tr
29. Keppel Corp
30. Ascott Reit

For the whole year, STI advanced 197.72 points, or 6.24%. However, My portfolio value (net of the investment added this year) rose only 2.13%. This is quite a distance from the index. Total dividend received from shares amounts to S$69,767. Take this into my calculation, than the total return of share investment in 2014 was 7.22%, which is not too bad.

Besides shares, I also received regular dividend from my Unit Trust Investment. The total passive income this year was S$111,188, which is in line with the target of S$110,000 I set for myself.

Going forwards, I will stick to my plan of investing for income. I will be holding a larger cash portion to seek out new investment opportunities. I will review the counters in my portfolio and may get rid of some non performing stocks. Passive income target for 2015 will be set at S$120,000.

Wishing everyone a prosperous and healthy new year.