Thursday, September 25, 2014

"Sep 14" - 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
1.88
56,400.00
21.0%
2.
Vicom
6
6.03
36,180.00
13.0%
3.
SembCorp Ind
7
5.20
36,400.00
13.0%
4.
China Merchant Pacific
25
0.955
23,8755.00
9.0%
5.
SPH
5
4.21
21,050.00
8.0%
6.
Ascott Reit
15
1.225
18,375.00
7.0%
7.
Mapletree Greater China Commercial Trust
20
0.925
18,500.00
7.0%
8.
Neratel
20
0.79
15,800.00
6.0%
9.
FraserCommercial Trust
11
1.36
14,960.00
5.0%
10.
ST Engineering
4
3.68
14,720.00
5.0%
11.
OUE Ltd
5
2.16
10,800.00
4.0%
12.
Ascendas Hosp. Trust
7
0.72
  5,040.00
2.0%
13.
Stamford Land
4
0.575
  2,300.00
1.0%

Total SGD


274,400.00
 100.00%

The Portfolio is down of about 1% compared to previous month due to the drop in two of my biggest holdings in FCT and Vicom. I am really not too concerned with the drop as these are in relation to market sentiments which have seen more volatility this month.

The notable highlight for this month has been the divesting for First Reit as I look to pare down on my Reits holdings. It has seen a nice run-up since I last bought them in stages last year and the year before. The dividends received has been well taken as well. I would be interested to add this counter back to the portfolio should there be opportunities to do so. I have also divested all my holdings in Second Chance.

I have added some asset play in OUE and Stamford Land to the portfolio. You can see my previous posting for the review here on OUE. This is in line with the growth play that I would like to have on the portfolio other than pure dividend counters. Last but not least, I have accumulated further on China Merchant Pacific which makes them my 4th largest holdings in the portfolio.

Earnings season is up and coming for next month so we'll probably see some good opportunities abound and a nice round-up to the last 3 months of the year.


6 comments:

  1. Nice and well balanced portfolio, looks like OUE Ltd is quite hot recently...

    ReplyDelete
    Replies
    1. Hi Richard

      OUE has always been trading at quite a high volume but I guess the local community has heard it more after AK blog it I guess ;)

      Delete
  2. Hi B,

    Hmm, notice you have been buying quite fervently for the last few days. =p

    Basically, you have swoped First REIT with OUE Ltd. A dividend stock replaced with an asset play. Hope it works out for you and this represents some food for thought for me.

    ReplyDelete
    Replies
    1. Hi 15hww

      The dividend counters still provide me with consistent cashflow I need for the month while diverting them a bit into growth stocks which hopefully will reap good results sooner.

      Collect money while waiting too I guess.

      Delete
  3. Hi B

    What is the reason of divesting Second Chance? Will you give it a second chance?

    ReplyDelete
    Replies
    1. Hi Rick

      Second Chance is divesting their business properties and their core stores are facing some headwinds and shutdowns. As business owners of the company, I like to see some concrete plan to the future and at the moment nothing much yet. I might come back though as I like the management of this company.

      Delete

UA-57154194-1