Monday, June 11, 2018

"Jun 18" - SG Transactions & Portfolio Update"

No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
Vicom
27,000
6.05
163,350.00
24.0%
2.
Frasers Logistic Trust
126,000
1.05
132,300.00
20.0%
3.
M1
75,000
1.68
126,000.00
19.0%
4.
Far East Hospitality Trust
125,000
0.65
  81,250.00
12.0%
5.
Ho Bee Land
30,000
2.45
  73,500.00
11.0%
6.
Starhill Reit
100,000
0.68
  68,000.00
10.0%
7.
Singtel
8,000
3.24
  25,920.00
4.0%
8.
Warchest
-
-
    1,000.00
1.0%
Total
671,320.00
100%

It is time for another update for the month as we move towards the half year mark, a half-time update to reflect upon how we did in our portfolio.


I'm currently on a 2 weeks break away from work to spend more time with my parents so I have quite a bit of time to blog these 2 weeks.

The big news this month is on the Kim-Trump Summit which will take place in a historic event on the 12th Jun. 

I've been following the news quite closely to see what kind of outcome can they agree and compromise upon with one another.

This month's portfolio did not see much changes.

I participated in the FLT rights offering which I blogged over here.

My entitlement was 14,500, together with my family's which I then applied for an excess of 3,500 at a discounted price of $0.967.

I received 2,700 of those excesses which means it was in the money right away of about 10% return. Really a decent deal.

At a slightly higher than 7% yield, I think this is one Reit that I will keep for the long term as the Reits still continuing to grow.

I have also divested my Tuan Sing at about 10% loss after deciding to switch them to Singtel, which I bought at a trance of around $3.33. The decision was made as I am attempting to switch to a more yield portfolio than growth and it aligns with my strategy for the longer term.

Singtel (and the other telcos) continues to struggle and I should be adding to my position slowly each month with new capital injection.

I also participated in a very small bid towards the Astrea Bond which is immaterial to the portfolio, and will only know by next week. I have no plans to make this a big part of my portfolio but rather switching some emergency funds and warchest into a higher yield right now.

The number of companies remained at 7 equities at the moment, and I will be looking to gradually add this to 10 by the end of the year.


Net Worth Portfolio

The portfolio has increased from the previous month of $657,225 to $671,320 this month (+2.1% month on month; +10.0% year on year).

This is the fifth time in the six month this year that the portfolio is breaking a new all time record high. Most of the gains are due to the capital injection that I received from my dividends.

While it is at a new record high, I am rather disappointed that it has not done as well as I had expected and the year on year increase is getting a lot slower these few months.

The portfolio has year to date this year returned 0.92%, which has underperformed the STI at 2.85%, though I am very confident that by year end I'd be able to catch STI up by surprise.

Family Portfolio

This is to update the part of family's portfolio which I managed together with mine.

The goal is to ensure the portfolio grow at a steady rate especially the children's portfolio until they turned semi-adults, which I will then have it transferred to their own account.

1.) Wife's Portfolio


She decided to reinvest the dividends received for the FLT back into the funds and I've allocated 500 shares for her portion.

No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
FLT
13,500
1.05
14,175.00
70.0%
2.
Sasseur Reit
8,000
0.77
  6,160.00
30.0%
Total SGD
20,335.00
100.00%


2.) Baby B1.0 Portfolio (Age: 4 years and 2 months)


I have also reinvested the dividends received for FLT back into the funds for an additional 500 shares.

This is based on a very long term play so I believe the portfolio will grow together with FLT over time.

No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
FLT
13,500
1.05
14,175.00
86.0%
2.
Singtel
700
3.24
  2,268.00
14.0%
Total SGD
16,443.00
100.00%


3.) Baby B2.0 Portfolio (Age: 1 year and 5 months)

Similarly, I've reinvested the dividends received back into the funds as I've allocated 200 shares to it.

No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
FLT
3,200
1.05
3,360.00
52.0%
2.
Singtel
1,000
3.24
3,240.00
48.0%
Total SGD
6,600.00
100.00%

4.) Mum's Portfolio

For my mum's portfolio, she prefers to take cash so I will be transferring $220 to her.

No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
FLT
6,000
1.05
6,300.00
100.0%
Total SGD
6,300.00
100.00%


Final Thoughts

The portfolio still continue to grow very slowly each month through sufficient capital injection, though the returns this year have not helped much.

I'm still confident that the second half of the year will be a lot better and the objective is to continue looking for dividend companies that has a relatively undervalued valuation.

The next upcoming dividend would be mostly in Aug or Sep, so the bulk of those income would be put to good use by then.

Meanwhile, it's business as usual.

Thanks for reading.

If you like our articles, you may follow our Facebook Page here.


11 comments:

  1. Hi B,

    How nice to see you join me on the ever sinking SingTel ship! :P Looks like you had a similar FLT PO result to me, I assume the 2,700 units includes your family's share? They seem to have split it pretty evenly across all the excess applications.

    Regards,
    KK

    ReplyDelete
    Replies
    1. Hi KK

      Yeah indeed it seems like FLT did a pretty decent job in ensuring everyone gets a decent allotment of the excess even for those who just have 1,000 shares.

      Good to see you having confidence in FLT as well.

      Delete
  2. Hi B,

    I had increase my stake in Singtel a couple of months ago too. I am waiting to see how low it will continue to fall before adding more.

    My reserve is not as deep as yours. =)

    But I will be glad if it rises up to $3.8 level again and I can allocate my reserve elsewhere (eg Kepcorp)

    Enjoy your break!

    ReplyDelete
    Replies
    1. Hi MIM

      As we speak, Singtel keeps making new lows, it looks like the opportunity will be there over the next few months, which I reckon will be good for long term investors happy with its yield to sit and wait for earnings to recover.

      Delete
  3. Any World Cup bets to share with us?

    ReplyDelete
  4. Hi B,

    Had noticed that you are still holding on to M1. Mind to share your thought on it moving forward? Honestly I’m quite disappointed with the recent share price movement. My initial thought on M1 is that being the smallest telco in SG, it has room to grow and that’s the reason I was holding onto it since 2014 from 3.xx and now more than 30% loss. Sometimes I think I should just cut loss and buy into Singtel instead.

    ReplyDelete
  5. Hi B!

    An amateurish question. May I ask where did you get the STI return to date value of 2.85%? Was googling around but can't seem to arrive at this figure.

    ReplyDelete
  6. HI B,

    I have 13k units of Starhill and saw you have 100k, i am quite worried about starhill drop recently. Do you think starhill can still be trusted?

    ReplyDelete
  7. Hi,M1 drop a lot and keep droping, and seems nobody look good to it. Are you ever consider to sell it? You have any stop loss point?

    ReplyDelete

  8. Are you seeking for financial assistance of any kind? We are a private
    loan firm that provides all types of loan/funding for all those who
    desire for financial aid. If interested please give us a feedback with
    loan amount needed and purpose for loan as well as repayment
    period/time frame you require the loan.

    Contact us for a loan via email solutionlogicmoney@gmail.com
    Name
    Amount
    Duration
    Country
    State
    Sex
    Mobile#

    Best Regards
    Mr Ahmed Ibrahim
    +918860675979
    solutionlogicmoney@gmail.com

    ReplyDelete
  9. DAFS POINT PLAN MCX SELL ZINC BELOW 181 TARGET 180-179 SL 182
    OUR FIRST TGT 180 ACHIEVED IN ZINC SELL CALL, BOOK PARTIAL PROFIT AND TRAIL SL AT COST
    Stock Market Tips

    ReplyDelete

UA-57154194-1