STI touches 3000

Took a look at the market at lunch break today. STI stands at 3002. Coincidentally, my share portfolio total return (excludes dividend) turns from red to black!

while celebrating the turnaround, I must remind myself not to let greed overcome the rationale. As STI approaching the pre-crisis level, caution, caution, caution! should be the theme. Value, dividend should be the focus, not market darlings.

31 March 2010

The global economy seems to be on route to recovery. Corporates reported good earning in the past quarter. The US stock market rose steadily, depite the crisis reported from the Euro zone. STI rose 136.6 points (or 4.9%) in the whole month. If not for today's correction (yet to find out why the market corrected so much today) it would have ended above 2900.

As the index got higher, I became more cautious in buying stocks. This month, I only injected S$7,400 into the portfolio. I subscribe to FCOT CPPU and script dividend from Cambridge Industrial Trust and Pac Andes. Net of the fund injetted, portfolio rose by 5.14%. I received S$1,368 cash dividend also. Below are the top 30 holdings.

1.   SPH

2.   ComfortDelGro
3.   OCBC Bk
4.   DBS
5.   Semb Corp
6.   ST Engineering
7.   SP AusNet
8.   F & N
9.   CapitaLand
10.  CitySpring
11.  SGX
12.  Starhub
13.  SembMar
14.  FraserComm
15.  SAT Svcs
16.  Kep Corp
17.  SIA
18.  CoscoCorp
19.  SSH Corp
20.  FrasersCT
21.  CapitaComm
22.  MapletreeLog
23.  Aztech
24.  AscottReit
25.  MetroHldg
26.  SingTel
27.  Yangzijiang
28.  Pac Andes
29.  UE
30.  Sp Ship

As compared with last month, the top 30 holdings are little changed. Pac Andes re-enter due to price increase and the new units bought through dividend. SuntecReit was squeezed to 31st position. In the near future SSH will disappear due to KS Energy's business consolidation plan (approved during AGM).
 
In the coming month, I will continue to look up for value stock to build up the portfolio, but will be cautious because STI has run up quite a lot.

26 February 2010

For the whole month of February, stock market was boosted by good corporate results on one hand, but hit by the Greek financial crisis on the other. At the end of the month, STI only moved 5.5 points compared to end January. At least it moved up!.

Net of the new fund injetted, portfolio value moved up S$6,000 in the month of February. I bought bought SGX, SuntecReit, kepCorp and CapitaLand in this month. Suntec is new member of the portfolio, the rest are top-up.

Received cash dividend of S$1649. A dividend of S$446 went to CPF account. Below are the top 30 holdings:

1. SPH
2. ComfortDelGro
3. OCBC Bk
4. DBS
5. Semb Corp
6. ST Engineering
7. SP Ausnet
8. F & N
9. Cityspring
10. SGX
11. CapitaLand
12. Starhub
13. FraserComm
14. SembMar
15. SAT svcs
16. Kep Corp
17. SIA
18. CoscoCorp
19. frasers CT
20. CapitaComm
21. SSH Corp
22. SingTel
23. mapletreeLog
24. AscottReit
25. Yangzijing
26. MetroHldg
27. Aztech
28. sp Ship
29. SuntecReit
30 UE