Wednesday, August 31, 2016

Portfolio Update 31 August 2016

Overall, August has been a quiet month in equity market. The world's attention was drawn to Rio Olympic games. The corporate earnings in Singapore were not impressive, Fed Chief Ms Yellen's hawkish speech on possible rate hike in September, news on Zika virus discovered in Singapore all weighed on market sentiment. STI was in negative territory most of the month.

The Straits times index closed today at 2,820.59, downed 48.10 points, or 1.68% from last month. My portfolio did slightly better than the index. Its value dropped only 0.71% for the month August.

This month, I topped up Lian Beng and Global Investment Ltd. I received shares from Noble Group via rights issue. I also received some shares from Keppel Reit and Fraser Commercial Reit via scrip dividend scheme. There was no sell trade. Total fund injection into the portfolio was S$12,710.00.

Many companies paid dividend in August. My passive income in August amounts to S$20,855, which surprisingly was higher than August last year. Most of the dividend this month was from stocks. YTD the dividend received was about the same as last year. The dividend from additional investment compensated the reduction of dividend pay-out from some counters.

Below are my top 30 counters as at 31 August 2016. Global Investment jumped up due to new buy-in, while Ascendas H Tr was replaced by Nera Tel. Sing Tel dropped a few position due to price drop in the last few days.

1.       SPH
2.       ComfortDelGro
3.       Ausnet Services
4.       OCBC Bank
5.       DBS
6.       ST Engineering
7.       Kep Inf Tr fKa CIT
8.       Metro
9.       Frasers Comm Tr
10.   SGX
11.   Starhub
12.   AIMSAMP Cap Reit
13.   SATS
14.   Sembcorp Ind
15.   CapitaLand
16.   Tai Sin Electric
17.   CapitaComm Tr
18.   Global Inv
19.   Ascendas Reit
20.   Nam Lee Metal
21.   Keppel Corp
22.   KSH
23.   Sing Inv & Fin
24.   United Engineers
25.   OUE
26.   Nikko AM STI ETF 100
27.   Mapletree Log Tr
28.   Lippo Malls Tr
29.   Nera Tel
30.   SingTel

Friday, July 29, 2016

Portfolio Update 30 July 2016

In most part of the month July, STI was in positive territory compared to last month. It seemed like market has come to term with Brexit, and the US stock price hit record high this month. Then came the shocking news that Swiber is winding up, followed by the disappointing announcement from BOJ. These sent the share prices in Singapore falling in the last few days of the month, and STI was back to negative YTD.

Yesterday, STI closed at 2868.69, up 27.76 points, or 0.98% from last month. My portfolio performed slightly better than the index. Its value was up 1.20% for the month.

This month, I sold my HTL shares when the price hit 92 cents. I sold also all my HG Metal shares at a loss, getting rid of this non-performing stock in my portfolio. I also accepted the de-listing offer from Pacific Health Care. I also subscribed to Noble's right issues.There were no other buy trade this month, so there was a negative cash injection of S$37,430  to the portfolio.

I made a major switching in my UT investment. I switched from the funds that investing in Global, European equities to bond funds. This may affect my dividends from the UT investment as the yields of bond funds are lower. However, in this time of volatility, I try to play it safe.

On the dividend side, I received S$9,744 of dividend this month, mainly from the unit trusts. This is normal for July as there are not many companies paying dividend this month. I am expecting more dividends from shares and less from UT next month.

Below are my top 30 stock holdings as at 29 July 2016. HTL disappeared from the list. Ausnet moved up as its price rose.

2 ComfortDelGro
3 Ausnet Services
4 OCBC Bank
6 Metro
7 ST Engineering
8 Kep Inf Tr fKa CIT
9 Frasers Comm Tr
10 Starhub
11 AIMSAMP Cap Reit
12 SGX
13 Sembcorp Ind
14 CapitaLand
16 Tai Sin Electric
17 CapitaComm Tr
18 Ascendas Reit
19 Keppel Corp
20 United Engineers
21 Nam Lee Metal
22 Sing Inv & Fin
23 KSH
24 Nikko AM STI ETF 100
25 SingTel
26 Lippo Malls Tr
27 OUE
28 Mapletree Log Tr
29 Ascendas-h Trust
30 Global Inv

Thursday, June 30, 2016

Portfolio Update 30 June 2016

The biggest news that affects the global financial market this month is surely the outcome of the British referendum to leave EU. Global equity market lost 2 Trillion USD on last Friday alone. However, after 2 days of sell down, the market began to recover. As at today STI recovered the loss from last Friday. Well, if only we can make sense of the market....

I believe that the effect of Brexit is not over, but will unfold slowly in the next few months. Objectively I don't think it will lead to another GFC, though there may be some negative impact.

As at today, STI has recovered all the lost ground from last Friday and Monday. the index closed at 2,840.93, up 49.87points, or 1.79% from last month. My portfolio did not perform as well. Its value only rose 0.62% from a month ago.

Due to my busy schedule this month, I did not do much trade. I bought some SPH shares when the price dipped. I received some shares from DBS and OCBC via scrip dividend scheme. Total fund invested was S$4,900.00.

On the dividend side, total passive income this month was S$10,018.59 from shares and UT (mainly from shares).

Going forward, I will continue to be cautious in the investment. I may consider to shift some of the UT's to bond fund, which are more defensive in uncertain market. Meanwhile I will continue to build up my war chest and waiting for good opportunities to invest.

below are my top 30 holdings as at 30 June 2016. All members from last month-end stay, except some positions changed.

1.       SPH
2.       ComfortDelGro
3.       OCBC Bank
4.       Ausnet Services
5.       DBS
6.       Metro
7.       Kep Inf Tr fKa CIT
8.       ST Engineering
9.       SGX
10.   Starhub
11.   Frasers Comm Tr
12.   HTL Int
13.   AIMSAMP Cap Reit
14.   Sembcorp Ind
15.   CapitaLand
16.   SATS
17.   Keppel Corp
18.   Tai Sin Electric
19.   Ascendas Reit
20.   CapitaComm Tr
21.   Sing Inv & Fin
22.   United Engineers
23.   Nam Lee Metal
24.   KSH
25.   Nikko AM STI ETF 100
26.   OUE
27.   SingTel
28.   Stamford Land
29.   CWT
30.   SIA