Saturday, August 24, 2013

"Aug 13" - SG Transactions & Portfolio Update"


 No.
 Counters
No. of Lots
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
FraserCenter Point Trust
26
1.765
45,890.00
24.0%
2.
Vicom
6
4.66
27,960.00
14.0%
3.
SPH
6
3.97
23,820.00
12.0%
4.
FraserCommercial Trust
13
1.215
15,795.00
8.0%
5.
First Reit
13
1.05
13,650.00
7.0%
6.
Ascott Reit
9
1.225
11,025.00
6.0%
7.
Neratel
20
0.76
15,200.00
8.0%
8.
SembCorp Ind
2
4.97
  9,940.00
5.0%
9.
Boustead
7
1.325
  9,275.00
5.0%
10.
Ascendas Hosp. Trust
7
0.745
  5,215.00
3.0%
11.
Second Chance
12
0.455
  5,460.00
3.0%
12.
China Merchant Pacific
6
0.845
  5,070.00
3.0%
13.
Noble
4
0.83
  3,320.00
2.0%

Total SGD


191,620.00
 100.00%


The portfolio has gone down quite a bit from last month due to small market correction we had in the market. The portfolio was down about S$7K this month but I am not overly concerned about it as I am keeping it for income and it has served purposefully the past few years. In fact, I have taken the opportunity during the correction to load a little bit more of these shares. I've also changed the layout for the portfolio to reflect the allocation % so that it will be easier to see how heavy is the portfolio leaned towards a certain industry.

I've sold off all QAF shares at the peak of its price at $1.05 before it reported its earnings which I had expected to disappoint. Margins and EBIT were compressed heavily and the price plummeted downwards before hitting stable at ~$0.90.

I have also added more First Reit this month due to the heavy correction it has made in the past few days. I think we'll see $1.00 to be a strong support and the shares seem to be stabilised around that price now. After these additions, my portfolio has now about 48% allocation of Reits and Trusts.

I think there will be much volatility during these and next month so I am keeping more cash on hand to take advantage of any further correction.



8 comments:

  1. wow you are getting rich young man!

    ReplyDelete
    Replies
    1. At this rate of wealth building, you add 1 to the Number of Millionaires in SG soon.

      Well done!

      :-)

      Delete
    2. It's early days but thanks guys for the encouragement.

      Delete
  2. Can you share how did you manage your investment?

    Example:

    1) when did you start your investment journey?
    2) how much did you start?
    3) How much % of your monthly income do you put investment?
    4) what are the criteria before you invest in any shares?

    Kindly share with all of US :D

    ReplyDelete
    Replies
    1. Hi Anonymous

      The investment journey is nothing sort of new. Basically I'm ploughing active income into my passive income portfolio every month, saving a huge chunk of percentage in the meantime.

      One of the criterias that I usually take a look in a company is the future prospect earnings, dividend yield and payout ratio and debt leverage. I generally prefer company with a strong balance sheet, which is why I used to own companies like SIA Eng and ST Eng but now have sold them due to their extensive valuations when I sold them. If the price is fair, I will go back to invest in their shares.

      Delete
  3. Hi B,

    I am also curious about the % of salary you plough into investments, since you really have quite a large portfolio for your age.;)

    Prices are getting fairer and fairer and I am getting ready to fire a second bullet. Getting a little concerned that I might be using up my bullets too fast.

    ReplyDelete
    Replies
    1. Hi HWW

      I think similar like you, I saved a huge chunk of my income before I got married. In months where I received dividends income, I saved almost the full 100% of my income. But after since I got married, the percentage has now dropped to about 70%. Still relatively good imo.

      Are you still looking at Reits in this market selldown or other bluechips. I am waiting for SIA Eng and ST Eng to go down but Reits are getting more and more attractive.

      Delete
  4. Many people don't realize that the truly wealthy people don't look rich, while the people who look rich aren't truly wealthy.Strategies wealth building

    ReplyDelete

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