Tuesday, August 31, 2010

31 August 2010

Despite the good results reported by most of the listed companies, stock market did not perform well in August. This was largely due to the uncertainty in US, caused by bad numbers in housing market and unemployment rate. In fact the good corporate performance locally helped to keep the drop in check.

My portfolio under perform the STI in August. While STI dropped 1.25% to 2,950.33 point, my portfolio, net of fresh fund injected, dropped 2.33%. I bought into CWT, Stamford Land and K-Green this month.

On the dividend side, I received S$4,658 in cash and 780 in CPF-OA. Below are the top 30 holdings as at 31 August.

1.   SPH
2.   OCBC Bk
3.   ComfortDelGro
4.   Semb Corp
5.   DBS
6.   ST Engineering
7.   F & N
8.   SIA
9.   SP AusNet
10. Starhub
11. CapitaLand
12. CitySpring
13. SGX
14. SATS
15. SembMar
16. CoscoCorp
17. FraserComm
18. DBS STI ETF 100
19. Kep Corp
20. CapitaComm
21. Yangzijiang
22. MacqIntInfra
23. Noble Group
24. FrasersCT
25. KS Energy
26. MetroHldg
27. MapletreeLog
28. SingTel
29. SuntecReit
30. AscottReit

There was not much change in the top holdings. UE was replaced by SuntecReit. UE now stood at 31st position.
 
Going forwards, if the market continues to move side way, I will try to build up my cash position and wait for good opportunities to further expand my portfolio. One opportunity is the rights issue from AIMSAMPIREIT. I plan to participate and apply for excess rights to build up this counter.

6 comments:

Rose said...

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Sanye said...

Dear Rose,

I created this blog to record my share investment journey. Along the way, if there are comments from fellow forumers, I am happy to share knowledge and opinions, and learn from them.

I have no intention to treat this as an "investment". :)

JW said...

Hi Sanye,

welcome to the K-Green boat!

I did think of Stamford Land, but at this juncture, I think I will wait. My income is low, so I will have to wait for AIMS Rights Issue to be completed before thinking of any newer acquisitions.

Sanye said...

Hi JW,

Initially I thought of buying a 2nd batch of K-Green, but the price didn't drop enough. So I diverted the fund to Stamford Land.

I am looking at Starhill Global also. Price has gone up abit, but the yield is still above 6% at the current price.

Marubozu said...

Wow! Your portfolio is too big to monitor closely. You may want to consider STI ETF so that you trim your portfolio into a manageable number. STI ETF provides a diversification instead of holding 30 STI key components stock.

Marubozu
http://mystocksinvesting.com

Sanye said...

Hi Marubozu,

Thanks for the suggestion. Believe me or not, I don't really monitor my portfolio closely. I just buy and keep them.

I only review them periodically.

I have STI ETF in my portfolio too. ETF goes according to the weightage of the companies in term of size, I like to have my own say in that. :)