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Saturday, 30 July 2016

My Stock Portfolio @ end Jul 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
4,000
13.36
7.53
2
Starhub
6,700
11.65
3.92
3
SPH
6,000
10.06
3.78
4
SATS
3,000
5.82
4.37
5
UOB
600
4.84
18.20
6
OCBC Bank
1,238
4.72
8.60
7
AIMS AMPI Reit
6,800
4.43
1.47
8
SingTel
2,190
4.06
4.18
9
CapitaMall Trust
4,000
3.80
2.14
10
Suntec Reit
4,900
3.63
1.67
11
FCT
3,800
3.61
2.14
12
Keppel Corp
1,400
3.26
5.25
13
SPH Reit
6,700
2.87
0.965
14
Starhill Global
8,000
2.84
0.80
15
CapitaLand
2,000
2.81
3.17
16
Keppel DC Reit
4,500
2.42
1.21
17
Sembcorp Ind
1,800
2.21
2.77
18
ParkwayLife Reit
1,800
2.04
2.55
19
CDL HTrust
3,000
1.96
1.47
20
FCOT
2,800
1.66
1.34
21
SIA Engg
1,000
1.64
3.70
22
Keppel InfraTr
6,000
1.34
0.505
23
MapletreeCom
1,800
1.27
1.585
24
ST Engg
800
1.17
3.29
25
Cache Log Tr
2,700
1.04
0.865
26
FE HTrust
2,800
0.80
0.64
27
FCL
900
0.60
1.515
28
Saizen Reit
1,800
0.08
0.101
Movement in my portfolio in July:-
Sold:- Nil
Bought:- FCL, SPH.

Dividends collected in Jul: $0
2016 avg dividends/month: $975.03 [62.6% up at this stage cf. 2015]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Just when the STI is heading towards 3,000 points, the Swiber liquidation news (later changed to judicial management) hammered the O&G counters as well as the banks.  Perhaps Swiber could be the tip of one huge iceberg that might trigger a great domino effect on the stock market?

2. Big fat "0" dividend in July.  Well, a good rest in July for the dividend harvesting in August.  Set to be the second highest record for me next month (after May this year), as 18 of my 28 holdings are paying dividends in August. I'm all agog for August harvesting.

3. Current worst performing counter: Keppel Corp (25.5% unrealised loss).  Look like a long and harsh winter for Keppel Corp...

Sunday, 24 July 2016

IPO - EC World REIT

EC World REIT is the third REIT IPO in 2016.  Only one Reit (BHG REIT) was listed in 2015.  But in 2016, we are getting into Reit fatigue already, and maybe there are a few more coming.

Both Manulife US Reit (price recovered) and Frasers Log & Ind Tr are doing fine at the moment; and are both above their IPO prices.

I have no luck for both these two earlier IPOs, but I am not interested in this new EC World REIT.  The reasons:

1. China. Hmm..... 
And all the six properties in one single city, Hangzhou, which means high geographical concentration risk.

2. Sponsored by a China-based group
Of course not all China Reits are bad.  Capitaland Retail China Tr and Mapletree GCC Tr are doing fine, but they are managed by Capitaland and Mapletree.  For comparison, BHG Reit, sponsored by a China-based group, is currently trading below it's IPO price.

3. Track Record
Lack of track record for the sponsor Forchn Holdings Group Co., Ltd.

4. Projected Yield of 7.1%
7.1% is not that fantastic and my holdings of AIMSAMPI Reit, Cache Log Trust, Frasers Com Tr and Far East HTrust all have higher yield than that.  DYODD.

I will sit out this IPO despite its listing price below its NAV price.

Friday, 1 July 2016

My Stock Portfolio @ end Jun 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
4,000
13.84
7.62
2
Starhub
6,700
11.53
3.79
3
SPH
5,500
9.87
3.95
4
SATS
3,000
5.60
4.11
5
UOB
600
5.02
18.42
6
OCBC Bank
1,238
4.89
8.69
7
AIMS AMPI Reit
6,800
4.31
1.395
8
SingTel
2,190
4.11
4.13
9
Suntec Reit
4,900
3.94
1.77
10
CapitaMall Trust
4,000
3.87
2.13
11
FCT
3,800
3.68
2.13
12
Keppel Corp
1,400
3.50
5.50
13
Starhill Global
8,000
2.85
0.785
14
SPH Reit
6,700
2.83
0.93
15
CapitaLand
2,000
2.79
3.07
16
Sembcorp Ind
1,800
2.31
2.82
17
Keppel DC Reit
4,500
2.27
1.11
18
ParkwayLife Reit
1,800
1.98
2.42
19
CDL HTrust
3,000
1.92
1.41
20
SIA Engg
1,000
1.67
3.68
21
FCOT
2,800
1.62
1.275
22
Keppel InfraTr
6,000
1.35
0.495
23
MapletreeCom
1,800
1.21
1.48
24
ST Engg
800
1.14
3.15
25
Cache Log Tr
2,700
1.05
0.86
26
FE HTrust
2,800
0.78
0.61
27
Saizen Reit
1,800
0.08
0.098
Movement in my portfolio in June:-
Sold:- Nil
Bought:- Cache Log Tr, SPH, OCBC Bank (DRIP).

Dividends collected in Jun: $451.88
2016 avg dividends/month: $1,137.54 [62.6% up at this stage cf. 2015]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Dropped my glasses as I expected Brexit a non-event.  However, Brexit was no black swan event and just one incident on our investment journey.  One likely outcome is no interest rate hike soon.

2. My total portfolio values declined $3.7K on the Brexit day Friday 24th June.  The market bounced back immediately the following week and my total portfolio values has increased more than $11K just the 4 trading days to end June.  Look like the day to add more stocks was the Brexit day, but I had meeting for that whole day and missed the chance.  Well, stuck in the rat race, so be a good rat and run a good race.

3. Current worst performing counter: Keppel Corp (22.3% unrealised loss).

4. Another barren month coming in July...

Saturday, 4 June 2016

Remebering Noble...

Noble Group was one of my first few purchases from the open market.  Actually I do not remember now the reason why I bought Noble.  Perhaps some hot tips?  But during the days of the 1,000 shares per lot time, Noble was the first counter that I held more than a single lot size.

When I decided to embark on my dividend investment journey, Noble was the first counter that got the cut because of its low dividend payouts.  I exited Noble with some profits when it was still a low $2+ stock.

Not that I am paying particular attention to the stocks that I have in the past, but Noble was always in the news.  Muddy Waters, Iceberg reports and the non-stop procession of bad news keep Noble in the forefront of financial news.

Now the CEO had left and the Chairman is abandoning ship.  And the issue of 1:1 rights at massive discount to the current share price.  This is a sad story of a commodity giant turning into a penny stock.

Well, you win some and you lose some.  I also cut off Raffles Medical which is turning into a big mistake now..... 

Wednesday, 1 June 2016

My Stock Portfolio @ end May 2016

No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
4,000
14.55
7.75
2
Starhub
6,700
11.10
3.53
3
SPH
5,000
9.06
3.86
4
SATS
3,000
5.86
4.16
5
UOB
600
5.13
18.22
6
OCBC Bank
1,215
4.91
8.62
7
AIMS AMPI Reit
6,800
4.37
1.37
8
SingTel
2,190
3.98
3.87
9
Suntec Reit
4,900
3.83
1.665
10
CapitaMall Trust
4,000
3.81
2.03
11
FCT
3,800
3.60
2.02
12
Keppel Corp
1,400
3.53
5.38
13
SPH Reit
6,700
2.96
0.94
14
Starhill Global
8,000
2.91
0.775
15
CapitaLand
2,000
2.81
2.99
16
Sembcorp Ind
1,800
2.36
2.79
17
Keppel DC Reit
4,500
2.28
1.08
18
ParkwayLife Reit
1,800
2.08
2.46
19
CDL HTrust
3,000
1.96
1.39
20
SIA Engg
1,000
1.78
3.79
21
FCOT
2,800
1.69
1.285
22
Keppel InfraTr
6,000
1.44
0.51
23
ST Engg
800
1.21
3.23
24
MapletreeCom
1,800
1.21
1.435
25
FE HTrust
2,800
0.80
0.61
26
Cache Log Tr
1,800
0.73
0.865
27
Saizen Reit
1,800
0.08
0.091
Movement in my portfolio in May:-
Sold:- Nil
Bought:- UOB, OCBC, SPH Reit, MapletreeCom, Keppel DC Reit.

Dividends collected in May: $2,795.10
2016 avg dividends/month: $1,274.67 [78.3% up at this stage cf. 2015]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Sell in May and go away?  No, not for me.  May is the most important month in the year for me.

2. Bumper month in May.  New high record dividend fruits harvested

3. Current worst performing counter: Keppel Corp (23.8% unrealised loss).  I tried to add more, but queued too low......

Friday, 20 May 2016

Manulife US Reit - Feeling before and after

What a different feeling.

Yesterday I felt sad and frustrated that I got zero allocation for the Manulife US Reit IPO units.

Today I feel relief that I got zero allocation for the Manulife US Reit IPO units.

It was surprising to me that Manulife US Reit opened trading at USD 0.82, even below its IPO price of USD 0.83.  It ends the day at USD 0.79, 4.8% lower than its IPO price.  Well, I think the market has spoken that the Reit was priced too high.

Surprising on Manulife US Reit's performance as today is a green day for the STI index.  Also, not too bad on my Reit counters too as only Fraser Comm Trust declined today.

I may pick up some Manulife US Reit if it falls to a more appetizing level.  No hurry as I think the first dividend distribution from Manulife US Reit comes only in March 2017. 

Thursday, 19 May 2016

No luck on Manulife US Reit IPO

Received full refund back to my bank account.  So I did not get any allocation for this Manulife US Reit.

It seems like I have no luck with these "M" counters.  I did not get the previous Mapletree groups and now also missed out on this Manulife.  Haha.

I can only comfort myself that perhaps headwinds are likely blowing on the Reits now.  All my Reit holdings (except Cache Log Trust) declined today.  Perhaps I can switch my fund to accumulate some other counters.

Interesting day tomorrow.  Good luck to all who got this Manulife US Reit.