Thursday, November 27, 2014

"Nov 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
1.90
57,000.00
20.0%
2.
SembCorp Ind
9
4.62
41,580.00
15.0%
3.
Vicom
6
6.40
38,400.00
14.0%
4.
China Merchant Pacific
40
0.99
39,600.00
14.0%
5.
Ascott Reit
15
1.27
19,050.00
7.0%
6.
Mapletree Greater China Commercial Trust
20
0.98
19,600.00
7.0%
7.
FraserCommercial Trust
11
1.46
16,060.00
6.0%
8.
Neratel
20
0.77
15,400.00
5.0%
9.
ST Engineering
4
3.37
13,480.00
5.0%
10.
OUE Ltd
5
2.05
10,250.00
4.0%
11.
Ascendas Hosp. Trust
7
0.70
  4,900.00
2.0%
12.
Stamford Land
10
0.55
  5,500.00
2.0%

Total SGD


280,820.00
 100.00%

There has been quite a number of buying activities for the month of Nov as I accumulated more China Merchant Pacific, Sembcorp Industries and Stamford Land. You can review my previous posts on the analysis of these purchase at Here and Here.

The portfolio has increased from previous month to $280,820 mainly due to the buying activities and the good stock performance of China Merchant Pacific and Vicom. A couple of stocks performance like Sembcorp and ST Eng have disappoint in the short term but fundamentals still remain solid for the long term. No panic at this time.



The amount of annual dividend income for this portfolio is estimated to be at $14,428. This represents an average of 5.13% yield based on current market price.

It is quite evident that savings towards the last 6 months have deteriorated quite a bit because expenses have been going up due to family commitments. In this regard, I might do a revised rolling forecast towards the 10 year target sometime in the early of 2015 to make it more sustainable.

As we draw towards the final month of the year, I hope everyone will stay vigilant towards any volatility in the market while enjoying the upcoming festive season to the year end.


20 comments:

  1. Hi B,
    Solid port. I wanted to add more of CMP when go below 0.9 but was frequently overseas. Now having 16 lots. You think still good to buy at 1.00?

    Rolf

    ReplyDelete
    Replies
    1. Hi Rolf

      From the earnings point of view, CMP would most likely retain its 7 cents a share dividends to shareholders. This represents a 7% yield at 70+% payout taking into account fully dilution effect.

      I feel the management of the company is doing a great job but given that you and I are already holding majority of the shares, maybe it's good that we diversify some bits of the risk that may be involved.

      Delete
  2. your portfolio looks good, the 5%+ yield is also pretty decent.
    just curious, how much % of your portfolio do you keep in cash?

    ReplyDelete
    Replies
    1. Hi Felix

      In terms of emergency, I do keep a sufficient amount to buffer for them.

      In terms of warchest, I am lacking at this at the moment. My current warchest probably stands at around 8% now after all the buying activities but building this up will be my main goal in 2015.

      Delete
    2. I see, that's nice. I'm holding very little cash too, mostly vested with all the buying activities this year too.
      Hope SCI will pay good full year dividends ^_^

      Delete
    3. Hi Felix

      Building up cashflow and more warchest would be my focus for 2015.

      Delete
  3. Looks like you're doing great B, and hope you can hang in there while the expenses are a little more difficult and the portfolio keeps performing well for you. Almost $15k in dividends is very nice!

    ReplyDelete
    Replies
    1. Hi Jason

      Appreciate your comments.

      Expenses are high with kids onsite as you had probably experienced but hopefully we will go with how things turn out slowly.

      Delete
  4. Replies
    1. Hi PIB

      Thanks.

      Hope your rental is doing well as well :)

      Delete
  5. B : Solid sia! Keep going and keep growing...

    ReplyDelete
    Replies
    1. Hi Richard

      Thanks for your kind comments.

      You are doing very well on your part as well. :)

      Delete
  6. Hi B,

    Impressive portfolio. :)

    I just added 3 lots of Ascendas Hospitality Trust today.

    ReplyDelete
    Replies
    1. Hi SRSI

      Care to share your insight on AHT?

      I've been holding to AHT since they went IPO two years ago and I think it's still underwater even though I've been collecting the dividends since then.

      I've been pretty disappointed with the way the management handle things especially with regard to the late hedging of the AUD to SGD. The currency dump will now affect their distribution until at least Q4 15 I last heard.

      Would love to hear your views on this.

      Delete
    2. Hi B,

      To be honest, I hadn't looked closely at their hedging strategy. My main concern is the lack of transparency concerning the management contracts they have with their master lessee and hotel operators.

      It is an average REIT in my view. I bought only a small exposure due to the current attractive yield and discount to NAV. But it will never have a heavy weight in my portfolio like FCT.

      If you don't need the money, why not just keep it for the dividends? :)

      Delete
    3. Hi SRSI

      Im.not sure if AHT pays a huge dividend. I think their yield is only at around 6.8% which is way below.my comfortable level the way they managed the stock. I may want to review them in 2015.

      Delete
  7. Hi B,

    That's your highest ever amount, right? Hope you break the $300k level soon! =)

    And good to see you blogging so often these days. Hope to catch up with you soon.

    ReplyDelete
    Replies
    1. Hi 15hww

      Yes this is my highest ever but I think I will have to go much slower in 2015. Things were great but now circumstances have changed so got to accept to adjust for it.

      Hope to see you soon at the BFP gathering

      Delete
  8. Hi B.

    Its my first visit here and the site looks great!

    Do you have anywhere on the site which shows your historical annual returns from your portfolio alone (not including additional capital injections or savings)?

    Keep up the good work!

    ReplyDelete
  9. Hi Moneystepper

    Thanks for visiting the site. Appreciate it.

    My XIRR return for 2013 is at around 11% including dividends. I think so far, it has been pretty well, given that it is a bull market all around.

    I visited your site and saw that you have a great website as well.

    Please keep it up and in touch.

    ReplyDelete

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