Saturday, September 10, 2016

"Sep 16" - SG Transactions & Portfolio Update"‏

No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
IReit Global
73,000
0.74
54,020.00
12.0%
2.
ST Engineering
13,000
3.36
43,680.00
10.0%
3.
Kingsmen
45,000
0.67
30,150.00
7.0%
4.
Ascott Reit
10,000
1.14
11,400.00
3.0%
5.
First Reit
8,000
1.36
10,880.00
2.0%
6.
OCBC
1,134
8.81
  9,990.00
2.0%
7.
Warchest*
285,000.00
64.0%
Total SGD
445,120.00
100.00%

I still can't believe that we are finally in the month of September and heading towards the end of the year very shortly.

This is by far one of the easiest update for my portfolio for a very long time because there is very little activity in the market that I engaged in this month.




The only changes I made in my portfolio this month was the divestment of 2,500 shares of HK Land at a price of US$6.65. This recent upsurge was on the back of the recent equity run this past week due to a poor job market in the US, triggering a potential rate hike delay. What an irony sight. Bad news leading to a higher market. I quickly take advantage of the market irrationality by divesting and going further more in cash.

The sale returned me a decent 11% over a short term period. Again, the intention was always to hold for longer periods but market irrationality means there are opportunities to cash in. HK Land went to surge higher by the time I divested for the next few days. I guess I just have to be satisfied with what I get.




The portfolio continues on an uptrend direction, albeit very slowly, though at least a comfort knowing that the strategy is working out fine.

The portfolio has increased from the previous month of $440,009 to $445,120 this month (+1.1% month on month; +37% year on year). 

The XIRR YTD on the equity has increased this month by standing at 19.8% on an annualized basis. STI continues to go up and down meanwhile and remains at about -0.5% year to date.

The cash portion has now increased to 64% of the overall portfolio. It appears that I failed to get any sort of buying activity in the past 1 month when I queued for Singtel and CDLHT. This will continue to be in my watchlist if they present good opportunities again.

The US market has a bloody red Friday by dropping almost 400 points on the index. Let's see if we can get more opportunities next few weeks to come.

Stay safe everyone.

13 comments:

  1. Hi B ,
    19.8% of XIRR is very impressive ,, :p
    Holding 64% in war chest is rather high ,, well ,, nobody know ,, this might turn out to be extraordinary move if crisis hit ,,,
    Cheers ! ,,, I'm still holding my HKG land ,,,, haha :)

    ReplyDelete
    Replies
    1. Hi STE

      Thanks. Im sure it will even out lower for the longer run.

      I doubt i will be keeping that much cash for the longer term. As soon as some of the opportunities are there, I'll be in the market again. Well, hopefully that chances will come sooner the better.

      Delete
  2. Saw that u bought advancer global but not in your current portfolio?

    ReplyDelete
    Replies
    1. Hi Anonymous

      Sold within the 1st day of trading at 44 cents.

      Delete
  3. Is Keppet Corp possibly below $5? This is long term blue chip at 5% yield to keep, what's your take?

    ReplyDelete
    Replies
    1. Hi Anonymous

      I think in the short term the 5% yield will not be sustainable but still think it will be a pretty decent investment if one can take keppel at below $5, which is not entirely impossible given how close they closed near to $5.

      Delete
  4. Hi, your ireit pe ratio quite high above 20..may consider UMS holdings, design studio, viva reit all ard 10% yield with consistent performance at least for the former 2 stocks for long term

    ReplyDelete
    Replies
    1. The companies you mentioned are all in different sectors. How well do you know about each of those company other than the basics information everyone knows?? :)

      Viva has an income support, try to remove that financial engineering and see what you get.

      Design studio is in my watchlist, they have great balance sheets and have been dishing out very well dividends especially in the past 2 years. I am doubting it will continue for this year though as their residential is pulling them down. Still a great company imo.

      UMS is a yield whore. Great yield, great financial health but inherent risk as the sole dependent on amat will always be there. 2017 contract renewal is up, it will be interesting to see how they cope up when amat is not doing well. Semicon is a cyclical industry.

      Go beyond just the yield and understand each of the company further. You will see a lot of different aspects of each company.

      Delete
    2. Design studio has a new CEO. Have to observe if he can manage the company well like previous CEO

      Delete
  5. Thanks for your inputs:) one of my considerations is history of consistent yield..how's abt valuetronics?

    ReplyDelete
    Replies
    1. You're welcome :)

      Sadly to say in an environment of low interest rate, we always look for something that can give us decent yields and i have to say it appeals to me too. Valuetronics is another with great history of yields, financials and strong balance sheet. Also one of my watchlist that i am monitoring some development on it.

      Delete
    2. sshhh.... not so loud about VT.
      its still kinda under the radar (i hope?)
      just divested half @ 0.52.. looking to unload the rest..

      i think at the moment, not much catalyst though

      Delete

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