30 November 2010

The stock market started well in November. STI closed above 3300 on 8th and 9th November. Unfortunately the market lost steam after that. major incidents afftecting the market are: Euro Zone debt crisis, China's measure to cool property market, Conflict between South and North Korea.

Affected by the above, market gave up the gain in early month, and closed eventually almost flat, only 2 points above last month-end. My portfolio, however, faired worst than that. As at 30 November, it is 0.3% lower than 31 October level.

I did not invest very much this month. At the first half of the month, as the STI was high, I didn't try to purchase any share. Subsequently, when prices soften, I tried to queue for some dividend stock, but was not successful. The only investment made this month was the participation in script dividend scheme from Cambridge industrial trust and OCBC. Another reason for not investing was I was tied up with my work this month.

I received S$3,600 in dividend this month. Below are the top 30 holdings. There isn't much changes compared with last month(no change in first 11 positions). SingTel replaced Suntec.

1.   SPH
2.   OCBC Bk
3.   Semb Corp
4.   ComfortDelGro
5.   DBS
6.   ST Engineering
7.   F & N
8.   SP AusNet
9.   SIA
10. Starhub
11. SGX
12. SembMar
13. CoscoCorp
14. CitySpring
15. CapitaLand
16. FraserComm
17. Kep Corp
18. Noble Group
19. SATS
20. MetroHldg
21. DBS STI ETF 100
22. Yangzijiang
23. CapitaComm
24. MacqIntInfra
25. MapletreeLog
26. AscottReit
27. FrasersCT
28. KS Energy
29. UE
30. SingTel

29 October 2010

STI gained further ground in the month of October, even touched briefly the 3200 height. It finally closed at 3142.62. Compared with Septermber End, it rose 44.99 points, or by 1.45%. My portfolio value grew slightly better than STI. It rose by 1.68%, net of the funds injetted and dividend received.

I invested S$16,500 this month, which I used to buy K-Green, participated in the IPO of MIT and GLP, right issue and preferential offering of AscottReit, Mapletree Logistics Trust,AmpSampIReit, and Script Dividend Scheme of DBS.

I received S$900 in cash dividend and S$180 in SRS.

The top 30 holdings have little change, besides some position swopping. The only new comer is AscottReit. It replaces SingTel due to new buy in. Below are the top 30 holdings:

1.   SPH
2.   OCBC Bk
3.   Semb Corp
4.   ComfortDelGro
5.   DBS
6.   ST Engineering
7.   F & N
8.   SP AusNet
9.   SIA
10. Starhub
11. SGX
12. CitySpring
13. CapitaLand
14. SembMar
15. CoscoCorp
16. FraserComm
17. Kep Corp
18. SATS
19. DBS STI ETF 100
20. MetroHldg
21. Yangzijiang
22. Noble Group
23. CapitaComm
24. MacqIntInfra
25. MapletreeLog
26. AscottReit
27. FrasersCT
28. KS Energy
29. SuntecReit
30. UE

Comparing the top 30 holdings in October and the one in January, one can see that my portfolio is moving towards more defensive and dividend play, which is the direction I set for the year. Going forwards, I shall continue in this direction, as I have achieve the objective set for portfolio value for the year, and see a good chance in achieving the target set for dividend income.

Two Times Lucky in IPO Application

I am not particularly interested in IPO's, as I thought the chances of getting them is very low, but the GLP and MIT IPO's created so much talk in town that I decided to give them a try. No harm tikam tikam....

To my surprise, I was successful in both application. So now I have two more counters in addition to my already "messy" portfolio. :)