Wednesday, September 16, 2015

"Sep 15" - SG Transactions & Portfolio Update"


No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
Vicom
8,000
5.90
47,200.00
14.0%
2.
China Merchant Pacific
45,000
0.91
40,950.00
12.0%
3.
Kingsmen
37,000
0.79
29,230.00
9.0%
4.
Accordia Golf Trust
22,000
0.64
14,080.00
4.0%
5.
Stamford Land
30,000
0.49
14,700.00
4.0%
6.
Ho Bee Land
6,000
1.95
11,700.00
3.0%
7.
Fraser Centerpoint Trust
6,000
1.86
11,160.00
3.0%
8.
CapitaCommercial Trust
8,000
1.33
10,640.00
3.0%
9.
IReit Global
16,000
0.65
10,400.00
3.0%
10.
Nam Lee Metals
35,000
0.28
  9,800.00
3.0%
11.
ST Engineering
3,000
2.96
  8,880.00
3.0%
12.
Silverlake Axis
14,400
0.54
  7,776.00
2.0%
13.
Dairy Farm*
1,000
0.85
  8,591.00
2.0%
14.
MTQ
7,000
0.50
  3,500.00
1.0%
15.
Warchest*
100,000.00
30.0%
Total SGD
328,607.00
 100.00%


 
 
September continues to be a very adventurous month after a continued run of purchasing that started in early August.
 
The world seems to be getting gloomy as each day past and we have seen sentiments going the other extreme way to being cautious and nervy. It feels strange that we don’t see these hype of sentiments when the market was charging on and on just the past 2 months or so. These macroeconomic noises are mostly a distraction in my view. I have heard numerous times by now that we will soon be seeing a collapse in the stock market soon due to weakening of the global economy and the tightening of the interest rates. People tend to forget easily that the economic runs in cycle and these are things that should not be a surprise when it comes to you.
 
On a personal note, savings was great in the past month which allows me to have more room for income that can be directed to owning great businesses over the long term. For this month, I have continued my aggressive activities by purchasing (or accumulating) Kingsmen, Dairy Farm, Ireit Global, Ho Bee Land, Stamford Land and FCT. For the details of these purchases, you may refer to “My Recent Transactions”. Some of these purchases remains part of my accumulating strategy over a few batches so the investment thesis remains the same to what I have previously discussed. I have also exited on FEHT and OUE Commercial as part of my short term trading strategy to take advantage of the recent run up, gaining a relatively good 7% and 17% gain but meagre in absolute amount.




The equity networth has gone back up from the previous month low to the current month at $328,607 due to the recent bounce back in the market. It appears that it is still early days so I won’t put too much concentration on where the networth is going to end up at the end of the year but rather focus on where some of the value might be at. In any way, these are investments that are meant to fund my retirement and possibly going into the next generation, so the horizon is much longer than what the economic cycle can threaten. Having said that, it is important to review each investment merits on a constant basis to ensure the thesis does not fade away with the fundamentals.
 
So there it is. They are a step closer to the goal and each month I do look forward to more volatility in the market, especially when people are shunning the market or paying too much attention to the macro news which I deemed as noise, that is when I will continue to look for more value in the market. Janet Yellen having meeting the next 2 days? Really? Do we need to pay too much attention to it? Don't we as investors already know that interest rates can only go up from here?
 
How is September doing for your portfolio? Are you a step closer to your goal?

16 comments:

  1. I thought you have sold Silverlake Axis?

    ReplyDelete
    Replies
    1. Hi Anonymous

      I had planned to earlier but i am in pending mode until further news are out before deciding.

      Delete
  2. Replies
    1. Hi Alcus Trader

      Thanks for pointing out the error.

      Delete
  3. Replies
    1. Hi Sweet Retirement

      No i bought and divested them.

      Delete
  4. Oh..... I see that u have FCT back... loyal supporter of Frasers..... Gd to see u back with us...haha ;)

    ReplyDelete
    Replies
    1. Hi Q

      Sounds like a pretty good deal back at a more decent price than what i have divested months ago.

      Delete
  5. Hi B,

    I noticed there is a significant increase in additional shareholdings of counters like FCT, IReit Global, Dairy Farm, Stamford Land and Ho Bee Land, etc. in your Sep-2015 portfolio as compared to your Aug-2015 portfolio; though you have sold off Noel Gift & FEHT and also without exhausting much of your warchest ...
    Did you inject much more capital into your portfolio in this current month??

    ReplyDelete
    Replies
    1. Hi R55

      Yes it appears so. I had utilized around 20k of the warchest, injected more this month and funds the rest using the proceeds from the sale.

      Delete
  6. Hi B,

    Im really impressed at your portfolio and have been learning a lot from your posts, especially the way you analyse stocks! Im currently 20 years old this year and I am really curious how did you amass such a huge sum of 300k +/- at just an age of 30? Are there any tips that you can provide to beginners like me to acquire a bigger war chest?

    Thank you!

    ReplyDelete
    Replies
    1. Hi Koala

      Many thanks for your kind comments and support.

      Since you are only 20 years old, the best thing you can accelerate is to improve your human assets exponentially, and making sure you get good job that pays well when you graduate. Along with this, save and invest early so that you would accumulate enough experience by the time you hit mid 20s.

      I hope you do well because i have a brother who are exactly 20 years old like you are. You definitely have the edge in thinking early.

      Delete
  7. My portfolio took a beating due to the market pullback/correction. I feel pretty good about this as I've invest 10% of my portfolio during the pullback at higher yield. My YTD dividend is on target to surpass the goal of $3000 in dividend income. My 1 year forward is going to be >$4000 without any more capital invested or dividend increase. This dividend investing strategy is really effective regardless how the market is doing. The cash keeps flowing in.

    ReplyDelete
  8. I am Hwa Jurong, a Private Money Lender do you need a loan to start up business or to pay your bills and a corporate financial for real estate and any kinds of business financing. I also offer Loans to individuals,Firms and corporate bodies at 2% interest rate. I give out loan to serious minded people that are interested of loan if interested contact this email: hwajurong382@yahoo.com or hwajurong12@gmail.com

    ReplyDelete
  9. I noticed that you have invested in Ireit global. Is the falling Euro a cause for concern ?

    ReplyDelete

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