Saturday, June 18, 2016

"Jun 16" - SG Transactions & Portfolio Update"‏

No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
Kingsmen
80,000
0.63
50,400.00
12.0%
2.
Ho Bee Land
22,000
2.25
49,500.00
12.0%
3.
Fraser Centerpoint Trust
25,000
1.89
47,250.00
11.0%
4.
China Merchant Pacific
45,000
1.02
45,900.00
11.0%
5.
IReit Global
62,000
0.72
44,640.00
11.0%
6.
ST Engineering
13,000
3.15
40,950.00
10.0%
7.
UOL
6,000
5.43
32,580.00
8.0%
8.
CapitaCommercial Trust
15,000
1.40
21,000.00
5.0%
9.
HK Land*
1,500
8.30*
12,453.00
3.0%
10.
Ascott Reit
10,000
1.10
11,000.00
3.0%
11.
Keppel DC Reit
10,000
1.08
10,800.00
3.0%
12.
Nam Lee Metals
35,000
0.33
11,550.00
3.0%
13.
First Reit
8,000
1.23
9,840.00
2.0%
14.
OCBC
1,134
8.36
9,480.00
2.0%
15.
Warchest*
29,000.00
7.0%
Total SGD
426,343.00
 100.00%

Just a quick update on the Jun portfolio as there isn't a lot of activities going on.




I managed to divest OCBC partially when the share price hits $8.92 last week before it plunges down quite a bit to where they are today. My rationale for doing so is because the valuation seems rich enough at around 1.1x P/BV which warrants justification for taking off those profits. Banks are never going to be in the portfolio for the long term because of its exposure to the direct economy in nature so it will be a trading position for now. 

I have also received a scrip of 134 shares which I have kept it for now. The divestment has pushed my holdings in OCBC from the top to the bottom for Jun.

I managed to redirect the proceeds to buying UOL at $5.42 which I had blogged here in more detail. I remain convinced that this will be a good prospective returns sometime in the future which will bring me double digit returns, which has always been a target for any purchase.

Last but not least, I also managed to redirect the rest of the proceeds to buying FCT which I blogged here not long ago. FCT remains part of my long term portfolio and I can't be more than happy to get them at a cheaper valuation than I did a month or two ago. I can be sure that I will add on more of the company should the share price goes down further in the short term.



The portfolio continues to outperform the market by increasing from the previous month of $420,834 to $426,343 this month (+1.3% month on month; +42.1% year on year). In the midst of the market volatility, some of the companies in the portfolio remain strong due to their fundamentals.

Also, I've started to input my transactions into the sgxcafe platform yesterday which would directly compute my returns for this year. As of today, the XIRR YTD return for the portfolio is at 12.2% while the benchmark for STI has returned -3.9% this year. Even though it's trending downwards, I am generally pleased with how the portfolio has performed.

In terms of dividends, it will be a dry month until August where most of the companies are once again dishing out dividends after they announced their quarterly results shortly.

The cash portion remains low at 7% though I am awaiting for the CMP offer to go unconditional to finalize pretty soon. Once that happens, the cash portion would bump up to around 18%.

The Brexit event continues to headline the market and we are 4 days away from what could possibly be a game changer to the market in the short term.

How about you? How has the month of Jun does for you?


8 comments:

  1. B, nicely done!
    on your way to the 500k milestone by this year, i reckon!

    ReplyDelete
    Replies
    1. Hi FC

      Thanks for your kind words.

      $500k milestone would be a big achievement. I'm unlikely to reach there this year unless the market rebounds in a big way. I'm still hoping quietly for 2018 to reach that milestone.

      Delete
  2. Do a quick check on your top 6 holdings. None has 30+ to 40+ return YoY. Can share how did you achieve (+42.1% year on year) ? Really impressive.

    ReplyDelete
    Replies
    1. Hi Anonymous

      Thanks for your words.

      The +42% is inclusive of capital injection. Without it, its more accurate to use the annualized xirr return.

      Delete
    2. Ass...saya tidak menyanka kalau saya sudah bisa sesukses ini dan ini semua berkat bantuan MBAH RAWA GUMPALA,saya yang dulunya bukan siapa-siapa bahkan saya juga selalu dihina orang dan alhamdulillah kini sekaran saya sudah punya segalanya,itu semua atas bantuan beliau.Saya sangat berterimakasih banyak kepada MBAH RAWA GUMPALA atas bantuan nomor dan dana ghaibnya,alhamdulillah kini saya sudah bisa membuka usaha kembali yang dulunya pakum karna masalah faktor ekonomi dan kini kami sekeluarga sudah sangat serba berkecukupan dan tidak pernah lagi hutang sana sini,,bagi anda yang punya masalah keuangan jangan sungkan-sungkan untuk menhubungi MBAH RAWA GUMPALA karna insya allah beliau akan membantu semua masalah anda dan baru kali ini juga saya mendaptkan para normal yang sangat hebat dan benar-benar terbukti nyata,ini bukan hanya sekedar cerita tapi inilah kisah nyata yang benar-benar nyata dari saya dan bagi anda yg ingin seperti saya silahkan hubungi saja MBAH RAWA GUMPALA di 085==316==106==111




      (((( BUKA BLO DANA GHAIB DAN NOMOR GHAIB MBAH RAWA GUMPALA ))))







      Ass...saya tidak menyanka kalau saya sudah bisa sesukses ini dan ini semua berkat bantuan MBAH RAWA GUMPALA,saya yang dulunya bukan siapa-siapa bahkan saya juga selalu dihina orang dan alhamdulillah kini sekaran saya sudah punya segalanya,itu semua atas bantuan beliau.Saya sangat berterimakasih banyak kepada MBAH RAWA GUMPALA atas bantuan nomor dan dana ghaibnya,alhamdulillah kini saya sudah bisa membuka usaha kembali yang dulunya pakum karna masalah faktor ekonomi dan kini kami sekeluarga sudah sangat serba berkecukupan dan tidak pernah lagi hutang sana sini,,bagi anda yang punya masalah keuangan jangan sungkan-sungkan untuk menhubungi MBAH RAWA GUMPALA karna insya allah beliau akan membantu semua masalah anda dan baru kali ini juga saya mendaptkan para normal yang sangat hebat dan benar-benar terbukti nyata,ini bukan hanya sekedar cerita tapi inilah kisah nyata yang benar-benar nyata dari saya dan bagi anda yg ingin seperti saya silahkan hubungi saja MBAH RAWA GUMPALA di 085==316==106==111

      Delete
  3. 12% XIRR is good. I am around 4% currently and i use 31st dec 2016 as end date. If based on today end date will be around 6 to 8% i think. The fresh injections in recent years will pull our score down.

    ReplyDelete
    Replies
    1. Hi Cory

      Cash is indeed a drag to the return but if we are investing for the long term, I think a year or two of underperformance would not matter so much.

      You are doing well. 6 to 8% is not an easy feat either especially when the market is going down.

      Delete
  4. Assalamu alaikum.wr.wb..saya pak guncoro mengutarakan kalau saya menang togel lagi,itu semua atas bantuan MBAH SANGKIL,terima kasih banyak ya MBAH yang telah memberikan angka jitunya kemarin kepada saya yaitu 4D SGP (5709) TGL 14-07-2016 dan alhamdulillah berhasil,berkat bantuan MBAH SANGKIL saya sudah bisa membahagiakan kedua orang tua saya,bahkan semua hutang-hutang saya bersama hutang kedua orang tua saya semuanya sudah pada lunas,dan bahkan saya juga sudah bisa membuka usaha kecil-kecilan,bagi saudarah-saudarah yang ingin merubah nasib seperti saya silahkan hubungi (-0852-1049-3757-) MBAH SANGKIL saya akui angka ghoib MBAH SANGKIL meman selalu tepat dan terbukti tembus 100%..ini asli bukan rekayasa,silahkan buktikan sendiri karna kesempatan tidak akan datang dua kali terima kasih..

    ReplyDelete

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