Friday, October 31, 2014

31 October 2014

The equity market experienced some turbulence in the first half of the month. This was due to several bad news: Weak economics data from Europe and China, conflict in ME with Isis, Ebola scares, protest in Hong Kong... etc. By the middle of the month STI dropped more than 100 points.

Indices recovered, however, in the 2nd half of the month. STI closed today at 3274.25, recovering almost all losses from the first half. My portfolio did slightly better. It's value rose 0.33% for the month.

I took advantage of the price drop and bought into OUE, Stamford Land, Amara, Transpac, Midas and Metro this month. I also received some OCBC shares through Scrip Div Scheme. Total dividend received was S$6,587 from shares and UT.

Below are the top 30 holdings as at 31 October. OUE is a new member in my portfolio. It replaces Pan United.

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

Tuesday, September 30, 2014

30 September 2014

Regional conflicts in Middle East, Ebola crisis in Africa, unfavourable business data from Europe and China, all these negative factors weighed on the equity market in September. The latest development in Hong Kong doesn't help at all. STI dropped 50.35 points, or 1.51% in the month, to end at 3276.74 at the end of the month. My portfolio did worst, its value drop 2.02% in the month.

Will the market continue with the down trend in October? Or worst still, will the 2007 market melt down repeat itself since, as some Gurus claim, the 7 year cycle is due? Well, I don't have a crystal ball for that. I will just stick to my plan and seek out undervalue stocks to invest, while maintaining a "war chest" for any opportunity which may appear.

This month, I received quite a number of shares through scrip dividend scheme: First Reit, FraserComm, Mapletree Ind, MapletreeLog, Cambridge, AIMSAMPIReit, CapitaChinaR Tr,  and DBS. I also received OCBC shares through Right issue. I bought Saizen Reit from open market. I sold all my SMRT shares.

Total dividend received this month amounts to S$10,500.00. This number includes those I reinvested via Scrip Dividend Scheme. I injected S$12,000.00 into the portfolio this month.

Below are my top 30 holdings as at 30 September:

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

Monday, September 29, 2014

OCBC Rights Issue

Today the result of OCBC right issue was out. This right issue must have been well received and subscribed by investors, because I was only awarded with 29 excess right shares though I applied for more. The excess shares don't even round my holding to the full lot, but only to the next half lot...hmm...

Full lot or not, it's not so important. Since I am subscribing to the scrip dividend scheme, I am going to receive odd lot anyway. Since the shares (rights and excess rights) received are at a discount, there is also no reason to complain too much. Of course it will be nice to receive a bit more... LOL.

Sigh! 人心不足,在下也不能免俗。