Tuesday, July 16, 2013

"Jul 13" - SG Transactions & Portfolio Update"



 Counters
No. of Lots
Average Price (SGD)
Total Value (SGD) based on average price
Market Price (SGD)
Total Value (SGD) based on market price
FraserCT
25
1.87
46,700.00
1.925
48,125.00
SPH
7
4.18
29,310.00
4.29
30,030.00
Vicom
6
4.84
29,060.00
4.77
28,620.00
First Reit
10
0.89
8,900.00
1.205
12,050.00
Ascott Reit
9
1.305
11,745.00
1.33
11,970.00
Neratel
20
0.46
9,200.00
0.82
16,400.00
SembCorp Ind
2
5.44
10,880.00
5.11
10,220.00
Boustead
7
1.15
8,050.00
1.36
  9,520.00
PLife Reit
3
1.85
5,550.00
2.40
  7,200.00
Ascendas Hosp. Trust
7
0.89
6,250.00
0.85
  5,950.00
Second Chance
12
0.43
5,160.00
0.44
  5,280.00
Ascendas Reit
2
2.17
4,340.00
2.24
  4,480.00
Noble
4
1.02
4,080.00
0.905
  3,620.00
QAF
3
0.71
2,135.00
1.03
  3,090.00
Total SGD
 
 
181,360.00
 
196,555.00


I am getting closer to my goal of S$200K this year in my stock portfolio and this is due to a combination of stronger market, profit-taking, reinvested dividends and picking out winners.
 
For this month, I've accumulated more of Vicom and FCT due to the recent small market correction we had in the month. I thought the price for both wasn't extremely cheap to buy, even with the market correction, but it was reasonable. After all, my plan is to even out the purchase and picking out companies with strong balance sheet and good management. If it gets cheaper, then it becomes a bargain and I will accumulate more.
 
I also accumulate more Noble this month after a more than 10% dip in the last few months. The reason why I purchase it during this time is because I believe the issue with Noble is a cyclical market issue with its commodity price which will improve over time. Unlike with Vard, which I happen to dispose all this month, I trust and like the way the management for Noble operates and believes it has the experience to turn things around. I certainly hope I will be rewarded as a long term shareholder.
 
This month we will see a lot of companies reporting their earnings for the quarter. And that means that many companies are going ex-dividends and dividends are coming in again!!! I just love the way my current cash-flow is running right now and letting compounding works its magic ;)

8 comments:

  1. Hi, I am curious how did manage to accumulate such big sum of cash for investment ? Is it through saving hard? Mind sharing with us because I think you are doing a good job :)

    ReplyDelete
    Replies
    1. Hi anonymous

      Thanks for the compliment.

      I accumulated my investment sum through active income and a high ratio of savings percentage.

      I started off slowly at first but with compounding starts to work its way through dividend reinvestment and so on, you should be able to see and reap the results really fast.

      Delete
  2. Thanks for the sharing and keep up the good job. Do you reinvest all your compounding cash or have any spare cash (warchest) if for example the bear decide to visit the market ?

    ReplyDelete
    Replies
    1. Hi Anonymous

      I usually have a different account for emergency and investment for stock purpose.

      For stock investment purpose, I usually have a habit of reinvesting the remaining cash as soon as I have them for more than 10%. So I don't generally keep cash for more than 10%. If the right opportunity comes in, I might at times use it from my emergency funds and then top it up later. But that isn't done very often.

      Delete
  3. Hi

    Will you be investing in the SPH Reit?

    Grace

    ReplyDelete
    Replies
    1. Hi Grace

      Yes, I was thinking about it and decide to apply for the Reits. I will blog about it upon knowing the results.

      Delete
  4. is it a good time to re-enter Vard?
    price have been hovering around 0.78-0.81 range for sometime.

    world cup 2014 will be hosted in brazil where they are facing problems...will there be any knock on effect for recovery?

    ReplyDelete
    Replies
    1. Hi Anonymous

      The share price for Vard has reached into somewhat a consolidation over the 0.78 to 0.81 range. If you are a risk taker, you could punt on this being either a success or a misery. If successful, I think this could yield investors big time.

      Unfortunately for me, I am somewhat a risk averse and so have liquidated my position in Vard, albeit a little too late.

      On the Brazil operations, I believe there are project margins issues and not something that they can write off in one just one quarter, hence my decision to divest Vard in the meantime.

      Delete

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