Saturday, January 30, 2016

Portfolio Update - 29 January 2016

The equity market got on to a very volatile start in Jan 2016. Economics slowdown in China and falling oil price (to below 30USD) sent the global stock prices into a tailspin. On some day there were even panic selling from investors.

STI plunged right from the start of the month. It dropped more than 12% before recovered slightly. Not even today's rally can recover the loss. As at today, STI closed at 2,629.11, dropped 253.62 points, or 8.80% compared to end of last month. My portfolio value also dropped 6.78% from the end of last month. The only consolation is that it dropped less than the STI.

I did some buying trade this month, when the share prices dropped. I bought into SPH, KepCorp, and AimSampIReit shares. I received 1,000 Ascendas Reit shares through preferential offer, and some Boustead shares via scrip dividend scheme. I injected a total of S$29,600 into my share portfolio this month.

Dividend is one bright spot in this bear market. Though the share prices declined, the dividend I received this month, and will receive in the next 2 months do not decline. Total dividend received in January was S$12,500.00, mainly from UT dividend.

Below are my top 30 holdings as at 29 January 2016. There are quite a few changing of positions, reflecting the volatility of the market. SPH regain the lead over ComfortDelGro due to new buy in. SembCorp Ind moved down a few positions as its price dropped. Sing Inv & Fin replaces UE at the bottom of the table as its price dropped less.

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

Thursday, December 31, 2015

Portfolio Update - 31 December 2015

December has been a relatively quiet month in equity market. US Fed finally made the first step to hike the interest rate to 0.25%, officially ending the long era of cheap money. The hike was not excessive and the market took it as a confirmation of US economics recovery. Global stock market rallied the next day after the Fed's announcement.

STI rose moderately in quiet trading sessions, as there lacks positive news from the corporate world. At 5:10pm  today, STI stood at 2,882.73, up 26.79 points, or 0.94% from last month. My portfolio moved slightly ahead of the index, its value rose 1.17% this month. HTL and Ascendas H-Trust were among the best performers this month, after news of acquisition surfaced.

This month, I bought shares from KSH, Tai Sin and Lee Metal. I also received Mapletree Ind Tr and Cambridge Ind Tr shares through scrip dividend scheme. Net cash injected amounts to S$15,138.00. I also received some bonus shares from KSH.

On the dividend side, total dividend this month from shares and UT amounts to S$11,335.00. Below are the top 30 holdings as at 5:10pm on 30 December.

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

There are 5 new entries (compared with last month) in the bottom half of the table. Share prices HTL and Ascendas-h Trust surged after news of acquisition was announced. They will disappear from the list in near future. KSH and Tai Sin entered the list due to new purchase and bonus share issue, while SIA share price rose over a dollar this month.

As a whole, 2015 has not been a good year for equity investment. STI started well this year, and was above 3,400 in April. Then came a slew of bad news and now it stood at 2,882.73, down 482 points, or 14.34% from December last year.

My share portfolio took a beating this year as well. Although there was a net cash injection of S$170,000 into the portfolio, its value only increased by S$33,644. Even if I take the dividend received into consideration, there is still a net lost of about 4%. The only consolation is, the lost is smaller than the index. This shows again one advantage of dividend investment. In time of market volatility, dividend income can be used to reinvest into the market and hence cushioned the effect of volatility. UT portfolio value dropped about 10% for the year, or 4% when dividend income is taken into consideration.

The dividend income from both shares and UT investment was higher this year, as I continued to invest in dividend yielding stocks, UT and retail bonds. Total dividend received this year was S$151,364.00, which was above the target set a year ago. This was with the help of some special dividend following merger of City Springs and Keppel Inf Tr, and the return of  capital from MIIF after the fund closure. In the coming year, some of the dividend yielding counters will disappear from my portfolio. So I will not raise the dividend target, but keep it at S$150,000.00 The chart below shows the monthly dividend.



May I take this opportunity to Wish everyone a healthy, peaceful and successful 2016.

Monday, November 30, 2015

Portfolio Update - 30 November 2015

The market recovery in October proved to be short lived. Looming US rate hike and Slowdown of Chinese economy determined the market sentiment and the stock prices moved south this month. Other negative factors included terror attack in Paris, lacklustre corporate earning results, China probe in the brokerage firms, etc.

STI closed today at 2,855.94 for the month of November, dropped 142.41, or 4.75% compared with last month. My portfolio, though performed better than the index, saw its value decreased by 2.99% from last month (exclude new investment).

This month, I bought some shares from Nera Tel, Cache Log Trust and KSH. I also received shares from MapletreeLog Trust via scrip dividend scheme.

Total dividend received this month amounts to S$10,852.26, including dividends received from Bond(FCL retail bond) and UT.

Below are my top 30 holdings as at 30 November 2015. SIA and Ascendas HT dropped off the list, and were replaced by Saizen Reit and SingShipping. Total fund injected was about S$19,000.

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