Saturday, December 14, 2013

"Dec 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
30
1.75
52,500.00
24.0%
2.
SPH
7
4.00
28,000.00
13.0%
3.
Vicom
6
4.85
29,100.00
13.0%
4.
Ascott Reit
15
1.17
17,550.00
8.0%
5.
FraserCommercial Trust
14
1.23
17,220.00
8.0%
6.
Neratel
20
0.68
13,600.00
6.0%
7.
First Reit
13
1.04
13,520.00
6.0%
8.
SembCorp Ind
2
5.22
10,440.00
5.0%
9.
ST Engineering
3
3.78
11,340.00
5.0%
10.
China Merchant Pacific
8
0.91
  7,280.00
3.0%
11.
Plife Reit
3
2.18
  6,540.00
3.0%
12.
Second Chance
13
0.455
  5,915.00
3.0%
13.
Ascendas Hosp. Trust
7
0.73
  5,110.00
3.0%
14.
Mapletree Logistic Trust
1
1.015
  1,015.00
1.0%

Total SGD


219,130.00
 100.00%

This is the last portfolio update for the month in the year 2013. Before we know it, we'll soon head out into the year 2014 and be welcoming the horse year :)

This month, I've done a couple of early year end shopping for a couple of my favorite list of stocks: ST Engineering, Ascott and Mapletree Logistic Trust.

I've bought the first round of ST Engineering at a price of $3.80. As mentioned in my previous post, I think it is fair to say that it is trading at fair historical valuation, nothing sort of compelling buy everyone is shouting for. Earnings growth has disappoint so far this financial year and it looks to stay the same in the 4th quarter. Having said that, I am expecting EPS to remain flat for this year and dividends to remain at $168/lot, giving in excess of 90% payout to investors.

I've also finally received the results for my Ascott Reit rights allocation this month. I applied fully for my 2,200 rights and also successfully received my 1,800 excess allocation application at $1 a share, bringing my Ascott allocation up to my top 5 holdings.

Last but not least, I've also open a small position in Mapletree Logistic Trust (MLT) at $1. MLT, having the most geographical industrial location and longest lease structure as compared to other industry Reit, is giving a greater earnings visibility of their future earnings. With more than 7% yield, I am watching this by opening a small position.

That's it!!! I'll be reviewing my investment for the year 2013 in my next post and the upcoming goals and resolution for 2014. Until then, hope everyone is well and take care to celebrate the festive season :)




5 comments:

  1. Can you have another column with your Buy Prices? Very curious to see your average buy prices for each counter.

    ReplyDelete
  2. Hi Vansontan/Inquisito

    I've previously mentioned in my previous post that the reason I don't put my buy price is because I don't see it as anything meaningful other than knowing how much paper gain you have gained.

    My investing method is such that if I feel the price is right, I will buy and conversely if the price is too high for my valuation liking, then I would sell.

    Some of my average price for the above are higher than the current market price, and some are lower. They are all in the "Recent Transactions" column. Again they are either unrealised profit/loss or realised profit/loss.

    ReplyDelete
  3. Hi,

    Ok thanks.

    Btw, what do you think about HPH trust?

    Is it a counter to avoid?

    ReplyDelete
    Replies
    1. Hi Inquisito

      I don't usually buy trust as backed from historical data that most trusts tend to trade below their IPO. They assets are generally depreciating in nature and it is difficult to treat them as a business that can grow over time and enhance shareholders value as a result.

      Delete

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