Wednesday, March 1, 2017

Portfolio Update 28 February 2017

The Trump rally continued this month but started to show some weakness towards the end of the month, as people now start to doubt if President Trump can turn all his promises into policies. STI "chiong" pass 3,100 but pulled back in the last 3 days. The index closed at 3,096.61 today. Compared with a month ago, it rose 49.81 points or 1.63%.

My portfolio performed very well this month. Its value increased by 3.15% in one month, thus narrowed the year to date gap between its performance and that of the index.

This month, I bought some SingPost shares. I also subscribed to the right issues from Tat Hong, and participated in the scrip dividend scheme of First Reit and Keppel Reit.  Net cash injection into the portfolio is S$8,656.00. Besides, I increased my bond investment this month and reduced Equity fund investment.

I received a total of S$11,931.00 in dividend, from  both shares and UT.

Below are my top 30 holdings as at 28 February 2017.

1.       SPH
2.       ComfortDelGro
3.       DBS
4.       OCBC Bank
5.       Ausnet Services
6.       ST Engineering
7.       Metro
8.       Kep Inf Tr fKa CIT
9.       Frasers Comm Tr
10.   Sembcorp Ind
11.   SGX
12.   CapitaLand
13.   CapitaComm Tr
14.   AIMSAMP Cap Reit
15.   SATS
16.   Starhub
17.   Keppel Corp
18.   Tai Sin Electric
19.   Sing Inv & Fin
20.   United Engineers
21.   Global Inv
22.   OUE
23.   Nam Lee Metal
24.   Ascendas Reit
25.   Nikko AM STI ETF 100
26.   Cache Log Trust
27.   KSH
28.   Lippo Malls Tr
29.   Mapletree Log Tr
30.   Stamford Land



2 comments:

King Yoland said...

hi,

with digital disruption affecting sph which happens to be your biggest holdings, what are your thoughts?

Sanye ◎ 三页 said...

Hi Paul,

I agree that the digital tech will affect the traditional newspaper and publications. However I don't think the people's behaviour will change over night. There should be time for SPH to transform itself and move ahead with the technology and find a place in the new economy.

I think the management of SPH has taken some actions to embrace the digital technology. Give them some time for them to take effect.

Though SPH is my biggest holding, it is only about 6% of my entire stock portfolio. I am keeping an eye on the development but not taking any action now.