31 March 2011

The world's attention this month was surely on Japan, after the triple blow from a 9.0 magnitude earthquake, a tsunami and the treatening meltdown of the nuclear reactors in Fukushima. Meanwhile the unrest in Middle East continues, with the Western Power establishing a no-fly zone over Lybia and bombarded Col. Gadaffi's forces. Stock market tumbled after the 3-11 Quake hit Japan and hit the lowest point on18 March. However market recovered somewhat in the last week of March.

STI when down and up in tendem with the global market, but ended in positive territory for the month of March. After trading close today, STI stands at 3,105.85, up 3.17% from February End. My portfolio went up by 2.67% (excludes fund injected), under performed the STI.

When the market was down, I tried to buy some stocks. I managed to buy AscendasIReit, topped up Pacific HC and Metro. I participated in the right issues of Global Investment, and received shares from Pac Andes through Script Dividend scheme. I received S$2,240 in cash dividend.

From the top holding list, there are some re-positioning in the mid-field due to relative price movement. Overall there are not much changes, except ASL Marine was replaced by UE.

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

Going forward, I shall be investing mainly in the dividend stocks and adopt a more defensive stance. I will also try to build up my cash position, since STI has reclaimed 3,100 level. With the crisis in Japan and M.E. unsettled, opportunities may arise anytime....

28 February2011

The political turmoil in Middle East and North Africa, coupled with inflation fear affected the stock market badly. STI showed the worst performance since the last financial meltdown. The good news is that most of the corporate results published were good. IMHO, this is not another financial crash but a correction.

STI dropped 6.25% for the month of February. My portfolio dropped 5.63%, slightly better. I did not buy much shares this month, because I was bogged down by work, and was on business trip in Europe last week. The only purchase was Cache. I received S$2,500 in dividend this month.

I will be very busy next month also. Hope that I can't squeeze some times in between my schedule to dig out some good buy. Otherwise I will just sit tight and ride through the correction wave. Below are the top 30 holdings as at 28 Feb. Not much changes except at the bottom of the table.

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

31 January 2011

Stock market started very good this month, but loss steam towards the end. Reason? European credit crisis, bad weather, Korean problem, Egyptian unrest, Chinese rate hike..... So at the end of January the STI index is back to where it started - 3,179,72, 10 points lower than 31 Dec.

My portfolio followed the STI through the ups and down, ending some 0.16% lower than last month. SIA, UE, STEngineering and Capitaland were the worst performer, where CWT and KepCorp were the stars.

I was given 4,000 ASL Marine shares as Bonus, and I bought another 6,000 shares. No othere purchase was made this month. I received S$528 in dividend this month. Below are the top 30 holdings this month:

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

ASL replaces Suntec Reit. No other big change in the list except Capitaland dropped a few positions.