Saturday, May 23, 2015

"May 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
72,450
1.06
76,800.00
25.0%
2.
Vicom
8,000
6.00
48,000.00
16.0%
3.
Fraser Centerpoint Trust
10,000
2.12
21,200.00
7.0%
4.
Nam Lee Metals
70,000
0.30
21,000.00
7.0%
5.
Fraser Commercial Trust
11,000
1.57
17,270.00
6.0%
6.
ST Engineering
3,000
3.60
10,800.00
4.0%
7.
Stamford Land
10,000
0.60
  6,000.00
2.0%
8.
Noel Gifts
18,900
0.30
  5,670.00
2.0%
9.
King Wan
5,000
0.32
  1,600.00
1.0%
10.
Warchest*
96,000.00
32.0%

Total SGD


304,340.00
 100.00%

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




May was an exciting month for investors because that's when we received most of the dividends this month. I blogged about it a couple of weeks ago which you can view here.

There's a couple of changes made to the portfolio from the last update I did in April. First, I divested all my shares in Sembcorp Industries, followed by a couple more for FCT. Then, I added a core position in Nam Lee Metals and recently accumulated more Vicom into the portfolio. I'm also entitled to the bonus from CMP after they announce a 20 for 1 which increased the position for this month.

The amount of warchest has now increased to about a third of the overall portfolio, a position that I am looking to increase if there are not suitable investment to add. With the many products out there yielding quite a bit of good interests out there, I will not need to be in a hurry to utilize them to an average investment.




The portfolio has dropped a little from the previous month due to the volatility of the market to the downside. I won't be too concerned about the daily or monthly movement as they only represent short term vision which does not coincide with my goal. If market continues to be weak and presents opportunities to add on, it would be a good chance to accumulate for the long term. I will continue to look for value in the market in the meantime.

With the Fed looking to hike interest rate finally in the next few months, we could possibly see some hiccup in the market especially those with high gearing. We may also want to see the refinancing capability of the management to ensure that they can continue to refinance at a higher but reasonable rate.

Thanks for reading.

How was the month of May been for you? Let me know!!!


12 comments:

  1. Great portfolio. Fed rates are giving me a slight headache too, esp on the REITS side of things....lets see how things progress

    ReplyDelete
    Replies
    1. Hi Paul

      Thank you. As long as we focus on valuations we'll be doing just fine ;)

      Delete
  2. I sure wish I was more familiar with the names you are invested in. Seems like a great update and as you stated May is a big month for dividends coming in. I guess this is part of the fun of reading other investment blogs as you get to learn and see what other people are buying that you may never have heard of.

    ReplyDelete
    Replies
    1. Hi Divhut

      They are part of shares listed outside of US but big in its own. They do hv great financials so its really what I need for in the long term.

      Delete
  3. Hi B,

    Wondering if you will or will not be buying into any O&G counters soon as prices seems to be bottoming out and seem to offer value? Also wondering if you might take a nibble at Sembcorp Industries since they've been beaten down and also they're connected to O&G via Sembcorp Marine?

    ReplyDelete
    Replies
    1. Hi Machi

      I might actually if market continues to present opportunities. I just feel like the downside is not done yet so I might wait a little more, not a hurry anyway :)

      Delete
  4. May has been pretty awesome, not going to lie. I'm learning how to code so that I can develop an algorithm to help me trade. Once I've finished building the algorithm I can put my trading/investing on autopilot.

    ReplyDelete
    Replies
    1. Hi Inequality Today

      Wow that looks like a sellable piece of software there where you can put your investment into auto pilot.

      Delete
  5. Thanks for your share of thoughts :)

    ReplyDelete
  6. Hi B,

    Thanks for the updates. How it is sitting on a warchest of ~100k doing nothing??

    ReplyDelete
    Replies
    1. Hi David

      They are not technically earning nothing. They earn a paltry interest in the banks which I put in ocbc 360 yielding about 2.4% I believe. They are more of a call option to me which I can deploy as and when is necessary.

      Delete
    2. lol....B, what I mean is about holding the cash and not buying. It takes great courage to hold them $$$$....

      Delete

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