Saturday, November 7, 2015

"Nov 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
45,000
0.96
43,200.00
12.0%
2.
Vicom
6,000
6.11
36,660.00
11.0%
3.
Kingsmen
37,000
0.78
28,860.00
8.0%
4.
Accordia Golf Trust
38,000
0.64
24,320.00
8.0%
5.
ST Engineering
5,000
3.22
16,100.00
4.0%
6.
Stamford Land
30,000
0.51
15,300.00
4.0%
7.
Ho Bee Land
6,000
1.98
11,880.00
3.0%
8.
Fraser Centerpoint Trust
6,000
1.93
11,580.00
3.0%
9.
CapitaCommercial Trust
8,000
1.36
10,880.00
2.0%
10.
IReit Global
16,000
0.68
10,880.00
2.0%
11.
Nam Lee Metals
35,000
0.30
10,500.00
2.0%
12.
First Reit
8,000
1.21
  9,680.00
2.0%
13.
Silverlake Axis
14,400
0.69
  9,936.00
2.0%
14.
Dairy Farm*
1,000
8.62
  8,620.00
2.0%
15.
MTQ
7,000
0.56
  3,920.00
1.0%
16.
Warchest*
104,000.00
29.0%
Total SGD
356,316.00
 100.00%



 
I am doing the update a little earlier than usual because I will be traveling with my family away on a holiday trip shortly for about 2 weeks sometime next week. It's a long awaited trip I am excited about because this will be the first time we are traveling with a kid on a plane. It'll be a well equipped experience I'm sure. I'll try as much to disconnect from the real world and the stock market, though I'll be interested to find out about how my companies are doing when they report their results next week.

The market continues its ascend towards the consolidated range of around the 3,000 point and I've seen most of my holding gaining momentum from the previous month, especially my top 3 holdings. Meanwhile, I've also accumulated a few counters for this month.

First, I accumulated another 16,000 shares of Accordia Golf Trust at a price of $0.64 to make this into my top 4 holdings. The investment thesis remains similar to what I've blogged about previously here and I remain confident on what I see in their operations in the last quarterly results. They will be reporting their updates on the results shortly and the distribution would most likely be in around December.
 
Second, I also took the opportunity to purchase 8,000 shares of First Reit at a price of $1.17 after the stock price plummeted due to rumors that the Lippo group were going to delist them. I wrote a detailed post on it here. Given the company's strong fundamentals, I think this would be a good candidate to own when people are generally more bearish towards its uncertainty aspect.
 
For all the transactions listed above, you may refer to the "recent transactions" for the details.
 
 

 
Nov has been another good month in terms of the overall portfolio networth.
 
First, net savings for the last two months of the year would be very favourable because we will be doing most of the traveling and expenses have previously been prepaid and taken care of in the earlier months. So unless any unexpected expenses cropped up, income would go straight to the investment warchest. In addition, there are also the dividends in Nov/Dec (which I will report once all numbers are in) and aws in Dec which will be a big boost for extra funds. I am quietly confident about the rest of the year aspect.
 
The portfolio has increased to $356,316 (+3.1% month on month; +26.8% year on year) mainly due to the much better performance from CMP and Silverlake this month and increased funds. It's another step into the right direction towards the big goal at the end of this whole thing.
 
The warchest has now gone down to below the 30% point and I'll be working to increase this over the next few months to where it should be. Ideally, my preference would be looking at somewhere along the 33% to 35%, but it really depends on how strong the cashflow is. My recent addition towards Reits would mean that I will have a stronger cashflow in favour of cash. That would do for now.
 
With job numbers coming in strongly last Friday, it does look like we are finally (FINALLY) going to see a hike in the interest rate. I still have some more rooms for reits in my portfolio, so that would be my main focus going forward. I am also eyeing on one big growth addition into the portfolio, but I'll have to see if the share price fits my preferred profile.
 
Thanks for reading.
 
How are you doing in the month of Nov? Would you be looking at any strategy changes towards the last 2 months of the year?
 

12 comments:

  1. Hi Brian, I have been following your blog for quite sometime. Notice you have not mention any insurance investment(apart from health & life) in your route to financial freedom. But these kind of investment do constitutes as part of the retirement funds if you are vestrd in them.

    ReplyDelete
    Replies
    1. Hi Ronnie

      What kind of insurance do you mean? Is it something like unit trust or endowment? As far as insurance is concerned, I'm currently taking the hospitalization and whole life insurance, both of which I do not take into account although the latter would have some sort of value in it after I finish paying up.

      Delete
  2. Hi Brian, I have been following your blog for quite sometime. Notice you have not mention any insurance investment(apart from health & life) in your route to financial freedom. But these kind of investment do constitutes as part of the retirement funds if you are vestrd in them.

    ReplyDelete
  3. That's some impressive growth Year over Year growth there. bench mark S&P, you blow the S&P out of the water. :)

    Hi, FYI, I have a super hard time using my ipad to make comment as I have to keep selecting "road side" and "bread" ... and still not able to comment. Do you have a lot of safeguard on your website?

    ReplyDelete
    Replies
    1. Hi B,

      time to take a break! remember to put ur smart phone in the safe in the hotel and dun ever use it! hahaha

      Delete
    2. Hi Vivianne

      The year on year growth there certainly looks much better than I expected it to be, but it does consists a lot from the capital injection as well. As long as they are increasing, I don't think I have much to complain.

      Thanks for your comment on the comments site. Personally, I do not know of any safeguard that I have installed on the blog and they seemed pretty easy for comments usually. But do let me check with my ipad as well to see if they are different. I've used mobile and they are usually fine as well. Thanks again for highlighting that!!

      Delete
    3. Hi Rolf

      I'll definitely be bringing along my phone for taking pictures but I certainly won't be checking the markets during the day. Maybe I'll take a sneak peak when I watched the CNBC news at night to guestimate where the market is ;)

      Delete
  4. Hi B,

    It's looking very strong! A matter of time before you can convince the Mrs about downshifting? :)

    ReplyDelete
    Replies
    1. Hi 15HWW

      Thanks for your compliment.

      Unfortunately, it's still far off from convincing the Mrs. I have a suspect feeling that she is looking more in terms of the cashflow it can provide rather than the absolute number of the networth I am holding right now. I don't know if she truly understand or maybe she did actually. Hmm.

      Delete
  5. Hi B,

    Congrats on your rapid rise in networth.

    Happy holiday!

    Cheers,
    Farmer.

    ReplyDelete
    Replies
    1. Hi PIF

      Many thanks for your compliments and your well wishes :D

      Delete
  6. Hi B,

    Great portfolio you have been building there! Since you have Ho Bee Land and Stamford Land, have you looked at Sim Lian Group before? Seems like a dark horse in the industry to me :)

    ReplyDelete

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