Monday, December 31, 2012

31 December 2012

December turned out to be a good month for the stock market. Though US fiscal cliff problem is still hanging and the European situation not getting better, the stock market remained quite calm and the indices rose in quiet sessions. STI continues its upward movement and ended the year at 3167.08 , 3.16% higher than last month. My portfolio did not do as well as STI. As at 31 Dec, the value only increased by 3.12%.

In the month of December, I bought some shares of Popular, and got cambride IT shares through rights issues. I received a total of S$11,000 in dividend, including those from UT.

For the whole year 2012, STI has done very well, risingg from 2646.35 to 3167.08, or about 20%. I did a rough computation, taking the increase in my portfolio value, plus the dividend gained from shares, minus the net investment made (in shares) in 2012, to arrived at the gain. To my surprise I have a gain of 32.4%. Of course I am well aware that this is the result of only this year, and I do remember that I had a net lost last year.

I have not been buying shares very aggresively this year, since the index had rose to 3000 level. I only did my purchases when I saw good opportunities. Of cource in that way I missed some good opportunities (on hindsight), but  still maneged to buy about S$70,000 worth of shares this year. I bought into some income generation unit trusts instead, which has so far performed quite well and are generating regular monthly income (around 5% per annum).

I set a target to achieve S$60K dividend from stock holding for this year. I received a total of S$61K, just hit the target. With other dividends received from UT, my total passive income for the year amounts to S73K, or average 6K per month. This would cover my monthly expenses if I do not have to pay income tax. Anyway I hope to achieve S$80~85K in passive income in 2013.

In 2013, I will likely continue to stay invested and focus on dividend/income generating investment. As I am reaching 55 next year, I will sell the UT's I bought using CPF OA. The proceed will be re-invested to generate more income/dividend. I will review my stock portfolio and dis-card those "dead" shares in the portfolio.

Below are the top 30 holdings as at 31 December. There isn't much changes in the list, except UE replaces Yangzijiang.

1. SPH
2. F & N
3. OCBC Bk
4. ComfortDelGro
5. Semb Corp
6. DBS
7. SP AusNet
8. ST Engineering
9. Starhub
10. SGX
11. FraserComm
12. SembMar
13. CapitaComm
14. MetroHldg
15. CitySpring
16. Nikko AM STI ETF 100
17. Kep Corp
18. Ascendasreit
19. Sing Inv
20. CapitaLand
21. SIA
22. MapletreeLog
23. SATS
24. FrasersCT
25. MacqIntInfra
27. Sabana Reit
28. UE
29. AscottReit
30. GlobalInv

Monday, December 3, 2012

SGX My Gateway November Highlights

(Repost - My Gateway Updates)

Today marks the first session of December which is scheduled to see a total of 18 full sessions and two half sessions, with stock market closures on 25 December in addition to the afternoons of 24 December and 31 December. Securities trading on Christmas Eve and New Year’s Eve will be from 9.00 am to 12.30 pm with the Closing Routine from 12.30 pm to 12.36 pm.

Looking at the month of November, the STI appreciated +1.04% in price, with some dividend distributions boosting the total return of the STI to +1.13% over the month. The key highlights of the Singapore Stock Market in November were as follows:

1. On Friday, the last session of November, SIIC Environment Holdings Ltd (5GB), formerly Asia Water Technology Ltd and listed on SGX Catalist Board, transferred to the Mainboard of SGX. SIIC Environment Holdings provides integrated engineering solutions for water purification, water supply and waste water treatment systems and facilities in China. Following the announcement Wednesday, the share price gained 15.00% on Thursday, then another +11.59% on Friday, the day of the transfer.

2. The two strongest STI stocks in November were Global Logistic Properties (MC0) and Capitaland (C31) which gained +9.34% and +7.95% respectively. Likewise, the strongest of the FTSE ST Sector Indices was Real Estate Holding & Development gaining +5.08% over the month which contributed to the +3.13% gain of the Financials Index. Approximately 43% of the net market capitalisation of the FTSE ST Financials Index is made up of the three banks (DBS, OCBC & UOB), 30% from Real Estate Holding & Development, 22% from REITs AND 5% from Financial Services. The broader FTSE ST Financial Index has gained +31.56% in the year-to-date while the Real Estate Holding & Development Index has gained 47.53%.

3. The next best performing FTSE ST Sector Indices for November were Health Care and Telecommunications which posted similar monthly gains of +2.75% and +2.72%. STI components, IHH Healthcare (Q0F) and Singtel (Z74) are biggest stocks of the Health Care and Telecommunications Sector. These two stocks respectively gained +2.80% and +1.56% over the month. The underperforming STI stock in November was Olam (O32), which declined -20.05%, while the underperforming FTSE ST Sector Index was Utilities with a -3.60% decline.

4. Demand continued to grow for the SPDR Gold Shares ETF (O87) listed and traded on SGX. Over the month of November, turnover of SPDR Gold Shares was up +20.80% from the previous month of September, while the price of Gold Shares firmed +0.66% over the month. The SPDR Gold Trust is the world’s biggest ETF (Exchange Traded Fund) backed by bullion, with the five listings of the ETF currently representing 1,348.83 metric tons of Gold Bullion.

5. While the Singapore Dollar has appreciated 5.89% to the US Dollar in the year-to-date, its depreciation to the US Dollar in November was a marginal -0.01%. The relative performance of the Straits Times Index (STI) in 2012 has clearly been underpinned by the strength of the Singapore Dollar. As of Saturday morning, the Dow Jones Industrial Average year-to-date appreciation of +6.61% is pared to a marginal +0.45% in Singapore Dollar terms. Over the same period, the STI gained +16.01%. Reinvested dividends boost the total return of the STI to +19.36% over the first 11 months of 2012.