Exercise Warrants for the First Time

Call it luck, call it blessing...

I realised that I had 2,000 warrants from Transpac in my portfolio, with exercise price of S$1 one day before XD! With the dividend of 40cts declared by Transpac, it seemed too good an opportunity to miss. (Simple calculation: Pay $2,000 for 2 lots of Transpac shares worth $3,800.)

I called up the agent and was informed that if I submit the form and cashier's order by the "record date", i.e. 10 December, I would still be entitled to the dividend. Well I did just that - with help from my wife who works in Shenton Way.

Besides the profit made, now I have a better idea on Warrant exercising.

30 November 2009

The initially "no event" November month was suddenly rocked by the Dubai Crisis on 27.11.09. STI was spared because 27 was a public holiday. However, when market resumed on 30.11.09, STI dropped more than 1% while the rest of Asia recovered. STI ended this month at 2732.12, still 80 points higher than October.

My portfolio gave up almost all the gains on the last day of trading. Compared to the last month, portfolio value rose only S$275. There is a negative net cashflow 0f S$1,085 into the portfolio. So effectively portfolio rose by S$1,160.

I sold off Tiong Woon after holding the shares for more than a year. After deciding that this counter isn't going to grow much further and isn't going to give good dividend.

I receive S$2,073 in cash dividend this month.

The top 30 counters made little changes. Tiong Woon and Raffles Edu dropped off, SMRT and Midas took their place at the bottom of the table.


1. SPH
2. ComfortDelGro
3. OCBC Bk
4. DBS
5. Semb Corp
6. ST Engineering
7. SP AusNet
8. F & N
9. CitySpring
10. Starhub
11. SAT Svcs
12. FraserComm
13. SembMar
14. CapitaComm
15. SIA
16. CoscoCorp
17. FrasersCT
18. Yangzijiang
19. SSH Corp
20. SingTel
21. MapletreeLog
22. Sp Ship
23. MetroHldg
24. AscottReit
25. Aztech
26. Tat Hong
27. ASL Marine
28. KS Energy
29. SMRT
30. MIDAS

30 October 2009

Global stock market tumble in the 2nd half of October. Asian market followed the trend, including Singapore. STI ended the month at 2651.13, 21 points lower than last month. My portfolio gave up gain achieved earlier and ends up in RED this month. Though Portfolio value rose by S$8,200, it was due to fresh fund injected. I bought into AscottReit and Yangzijiang this month. Net lose of portfolio value is S$11,950.

I received S$700 dividend from OCBC this month, but in form of shares. No other cash dividend was received this month.

The top 30 holdings have little change, as the correction seemed to be across the board. AscottReit and Yangzijiang replaced Midas and Pac Andes.


1. ComfortDelGro
2. OCBC Bk
3. DBS
4. SPH
5. ST Engineering
6. Semb Corp
7. SP AusNet
8. F & N
9. CitySpring
10. Starhub
11. FraserComm
12. SembMar
13. SAT Svcs
14. SIA
15. CoscoCorp
16. CapitaComm
17. FrasersCT
18. SingTel
19. MetroHldg
20. MapletreeLog
21. TiongWoon
22. Sp Ship
23. SSH Corp
24. AscottReit
25. Tat Hong
26. Aztech
27. ASL Marine
28. Yangzijiang
29. Raffles Edu
30. KS Energy