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Sunday, April 19, 2015

"Apr 15" - SG Transactions & Portfolio Update"

 No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
China Merchant Pacific
69,000
1.16
80,040.00
26.0%
2.
FraserCenter Point Trust
24,000
2.06
49,440.00
16.0%
3.
SembCorp Industries
10,000
4.71
47,100.00
15.0%
4.
Vicom
6,000
6.70
40,200.00
13.0%
5.
FraserCommercial Trust
11,000
1.52
16,720.00
5.0%
6.
ST Engineering
4,000
3.81
15,240.00
5.0%
7.
Stamford Land
10,000
0.58
  5,800.00
2.0%
8.
Noel Gifts
18,900
0.30
  5,670.00
2.0%
8.
King Wan
5,000
0.31
  1,550.00
1.0%
9.
Warchest*
45,000.00
14.0%

Total SGD


306,760.00
 100.00%

*Does not include emergency, social security (CPF), insurance endowment, and short term (1 month) funds for immediate working capital.




There's a couple of changes made to the portfolio since the last Mar update here which was roughly more than a month ago. I've added new counters into the portfolio for Noel Gifts which I blogged at over here and divested part of the stake in FCT which I also blogged here.

I have not made any transaction yet for the month of Apr but there's a few more days to go before the end so we'll see if that works out well in the end. I have been researching for at least two of the counters which attracted my attention and I may go for them depending on the market conditions. I'll blog about it should I be able to get them.

There's a flurry of good news for the month of April which I am very fortunate to be part of it and would like to share with fellow friends and readers. They are not entirely financial related, but to a large extent a big part of my life which I hope to do well in.

The first is the extended bull run which we've seen over the past few weeks and being heavily vested in equities, I've managed to participate in a lot of the recent run-up which pushes the market valuation of the counters rather high. I've considered the options about locking in some of the gains to some extent and I'll be honest to say that I've thoroughly looked at the counters in my portfolio and doing review after review to each and every one of them but have yet to come up to a decision. In the previous post, I've blogged much about finding the right conviction to sell and I certainly do not want to end up having to liquidate because of fear in the market for the short term. If I decide to sell, it'll probably mostly because of the right reasons I believe in - either an asset allocation rebalancing or valuations for stocks which I think has been overvalued.

The second good news is about the performance bonus which was distributed based on past year performance. Due to moving out to another company in the middle of last year which I blogged here and then going back halfway, the amount of bonus was pro-rated. Although the amount isn't anywhere significant, the timing of the bonus was perfect as I am in the midst of increasing cash as part of overall portfolio allocation. The recent run up has allowed equities to gain much and the cash portion would come in really handy to balance the increase value in the equities. I'm also glad that I am able to use part of the cash from the bonus to top up $7,000 for my special account which I have blogged about here.

The third good news is still somewhat related to my corporate role. I am extremely fortunate to be promoted within my organization this month which rather comes at a surprise. I wasn't definitely expecting any promotion to come so this is definitely a bonus for me. Human assets in an organization play a very important role in the capital I've managed to put in so far so this is something that I think many active workers out there have to fight for especially in the first few years in the corporate role. Even though my aspirations to quit the corporate world one day may resemble across many other aspiring financial independence bloggers out there, we still need to make it count for as much as we can. Just like dividend investing, the more we get out of our active income early in our life, the faster the compounding effect will kick in once you get to the 30s.

The fourth good news is probably by far the biggest impact I have for the month. My baby son is finally turning 1 year old this month and as a parent, I must say that I am delighted to be able to watch him grow and by his side every single day after my working hours and weekends. To make it more pleasing, the first word that he can mutter out of his mouth was "Daddy", which really makes it count for the amount of quality time I have been able to spend with him and my wife all these long. I thank every part of my lucky stars, including my wife for that to happen and probably what makes Financial Independence really about one day.

Last but not least, the final good news is my portfolio has finally been able to breach across the $300K for the first time ever. This is a great milestone I have been patiently waiting since my last milestone at $250K which was exactly a year ago (original post here) and even though the market run-up has been the major culprit, I must thank the spirit of continuous perseverance and persistence which have somewhat paid off rather nicely.




So that's it for the month of April. 

Having recounted all the positive news that has happened this month, I just want to thank a lot of these things to my families, friends and fellow bloggers who have supported me and make me who I am today. I know I can count on them for almost anything that happened in my life and I am so grateful to have them in my life.

Next month will be huge in terms of dividends. A lot of companies will be going ex-dividend in May and with market volatility as high as we are seeing right now, it's probably prudent to keep our eyes close for our investment.

Thanks for reading.

What about you? How did you do for your April month?


16 comments:

  1. Good job for both human and financial assets. Well done!

    ReplyDelete
    Replies
    1. Hi Uncle CW

      Many thanks for your encouragement.

      Delete
  2. B,

    Congrats!

    It's better to fly with 2 engines than with 1!

    If 1 engine goes kaput, can still fly and land safely if the pilot is skilled.

    But if only 1 engine... Then that's that!


    P.S. Milestones, bous, promotion, etc - these are passing clouds. What's real? Wife and son ;)

    ReplyDelete
    Replies
    1. Hi SMOL

      You are right. I see many of these as passing clouds that aims to contribute to the final phase of what I'm looking for eventually. As long as I don't compromise on the latter, I'm fine with going for a lower former :)

      Delete
  3. Hi B,

    Promotion, Portfolio milestone met, Baby growing healthily, good bonus.... Congratulation to all the achievements!

    Way to go! Cheers!

    ReplyDelete
    Replies
    1. Hi Sanye

      Thanks for popping by.

      It'll be a long while before I can probably reach your FI state. Good to have you around the blogosphere.

      Delete
  4. Replies
    1. Hi PIB

      Many thanks for your kind words and encouragement.

      Delete
  5. Thanks for this portfolio update. Of course, I'm not really familiar with any of these names but it's still interesting to see what others are buying.

    ReplyDelete
    Replies
    1. Thanks Divhut

      They are all listed in the Singapore and not US market so you might not have heard of them.

      Delete
  6. Hi B,

    Really happy that things are working out for you! Hope things continue as smoothly as they are right now. =)

    ReplyDelete
    Replies
    1. Hi 15Hww

      Thanks for your encouragement and kind words.

      Hope things go on well for you and Mrs HWW too :)

      Delete
  7. Hi B,

    Congrats on your achievement and good news!

    Cheers,
    Farmer.

    ReplyDelete
    Replies
    1. Hi Farmer

      Thank you and may you achieve good things too!!

      Delete
  8. Congrats B,

    Actually, you have one more good news.

    Your wife's shop is opening! or already opened?

    May you huat big big...

    I am busy selling. Only one counter attract my attention, and I am waiting for the price to fall if I get the next quarter results right and hopefully I also get the long term competitive strength right. LOL

    ReplyDelete
    Replies
    1. Hi SI

      Ah yes, it's already opened and ongoing since, good so far, we have sold a number of apparels since the inception.

      Like you, I am reviewing their valuations closely as well as increasing my cash allocation to my comfortable level. We'll see if that will happen ;)

      Delete

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