Sunday, February 3, 2013

31 January 2013

The stock market got onto a good start this year with STI powered to 3,280, or up 3.58% in January. Investors worldwide seem to have shrugged off their concerns and got on to a risk-taking mode. Recent datas from US and China also gave investor confident a boost.

My portfolio performed even better than STI in January. Its value rose 5% in January, due to price movement of some mid-cap counters.

I did my first sell trade this year and sold off Union Steel shares. I bought some Yangzijiang shares. I received a total of S$2,412 in dividend, mainly from income funds (Unit Trust).

As STI is nearing the pre-crisis level again, I will be more cautious in buy shares. My plan is to build up my "warchest" (borrow the word from AK47) and wait for good opportunity to strike again.

Below are the top 30 counters as at 31 January. Yangzijiang and Pan United enter the list. Yanzijiang due to buy in, Pan United due to price movement(up >20%).

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

2 comments:

FBB said...

Hi Sanye, nice blog u have. You must be referring to AK71 rather than the notorious rifle AK47.

Wanted to ask u on YZJ. Given the recent weakness in the share price (last close 0.935), do you intend to accumulate more and with little signs of reversal in shipbuilding industry fortunes, how long are u prepared to long this stock?

Thanks.

FatBoi

Sanye ◎ 三页 said...

Hi FBB,

Thanks for pointing out the typo error. I was indeed referring to AK71.

Yes I have bought some YZJ shares on weakness, as I believe this is a good company well managed. I am a "buy and hold" investor, so I will hold this stock for very long time. :)