Saturday, October 15, 2016

"Oct 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
0.73
53,290.00
12.0%
2.
ST Engineering
13,000
3.36
41,340.00
9.0%
3.
Kingsmen
45,000
0.64
28,800.00
6.0%
4.
FCL
10,000
1.49
14,900.00
3.0%
5.
Singtel
3,000
3.88
11,640.00
3.0%
6.
Ascott Reit
10,000
1.14
11,400.00
3.0%
7.
First Reit
8,000
1.37
10,960.00
2.0%
8.
OCBC
1,134
8.41
  9,537.00
2.0%
9.
Warchest*
260,000.00
60.0%
Total SGD
441,867.00
100.00%

We are heading towards the final last 3 months to the end of the year and it has been a rather forgettable moment in terms of where the market went from the start of the year as it has been mostly consolidating within the same range for over a few months.

Having said that, I think there has been a couple of decent opportunity throughout so I think not everything is a lost cause. I think we just need to keep a close eye on these opportunities and strike when it happens. Waiting for a big recession is not the only sole opportunity out there for low hanging fruits.




From the previous month's portfolio, I have added Singtel into the portfolio which I have blogged over here. There is currently an overhang on the share price of the company which is related to the impending results of the 4th telcos. I believe this is merely a short term knee jerk reaction which will much be a non-event in the mid to long term.

I have also added FCL into the portfolio which I have blogged here. I'd like to thank some of the comments from readers who pointed out that they need much lesser to pay out the dividends than what I originally thought to be. So that's a good thing. In any case, I also believe that there is an overhang on the share price of the company which is related to the health of the Thai King. Fundamentals are still decent, so I thought it is still a decent company to have in the portfolio.




The portfolio has decreased from the previous month of $445,120 to $441,867 this month (-0.7% month on month; +27% year on year).

The market has been rather volatile and some of the stocks in my company are impacted as a result, hence the lower share price. Still, I do not think that is by any means a concern at this point. Economies are getting tougher to adapt but i think the underlying fundamentals are still solid.

In terms of personal cashflow, it has been extremely tight this month as I managed to eke out negative cashflow due to the many events that are happening. In addition to the bone bare no dividends, there are also unexpected events that happened such as doctor visit for my wife, pediatrician visit for my son who is sick and also the passing away of my grandmother where I need to book tickets to go back and visit. Still, I'll need to figure out how to increase these cashflow in the near future in order to avoid such a problem (negative cashflow!!!).

How has October been for you? Did you manage to do better this October than the last year October?


12 comments:

  1. Hi B,

    With kids, you're going to have to get used to -ve CF months!
    It's practically unavoidable... but as long as it's +ve CF on an annual basis, that'll be very good already.

    Cheers
    TTI

    ReplyDelete
    Replies
    1. Hi TTTI

      Thanks. I guess so it cannot be avoided. That only means we need to be better in terms of money management. Not only investing but also personal finance.

      Delete
  2. HI B,
    Hope your FCL will turn out as good as your investment in HGK Land .
    Cheers !๐Ÿ‘๐Ÿ‘

    ReplyDelete
    Replies
    1. Hi STE

      I hope so too.

      I do think they have some value at this buy but anyway lets hope i am right.

      Delete
  3. This comment has been removed by the author.

    ReplyDelete
    Replies
    1. Hi Han Cheng

      Singtel is back to my earlier buying price so not far progress yet hahaha

      Delete
  4. Hi B, saw you are heavy weight on IREIT Global. How is the prospect after the buyout by another manager?

    ReplyDelete
    Replies
    1. Hi SR

      I blogged about my thoughts on ireit a few weeks ago. Generally my conviction stays for now until there are further evident development.

      Delete
  5. Added UMS and MM a few days after my Oct update.

    ReplyDelete
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