31 October 2011

Stock market rallied when the EU leaders annouced their agreement to the rescue plan Greek's debt crisis. October turned out to be the best month of this year so far for STI. The index ends the month in positive note, rising 6.75% in one month to end at 2855.77. Good corporate results announced in the 3rd quarter also helped the restore investors' confidence.

My portfolio value rose 5.54% this month (net of fund injetted), slightly lower than STI. I think this is because I have more defensive stocks. I bought Sabana Reit, DBS STI ETF, and received some OCBC shares through script dividend scheme this month. I received S$1,800 in dividend.

Going ahead, the uncertainty still remains. It remains a concern if the EU plan is able to solve the debt crisis (or for how long?). US unemployment is still high. Our Minister warned of low Growth ahead. So market volatility poised to stay.

For me, the strategy of building cash and improve passive income through high yield stocks remains. I will continue to position my stock portfolio towards defensive and high dividend. Total dividend this year will exceed target of S$50,000, the next target is set at S$60,000 for 2012.

Below are the top 30 holdings. Basically not much change except Sabana Reit replaces Pacific HC.

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

30 September 2011

September has been a bad month for equity investors. STI dropped 7.28% in this month and ended at 2,675. Main reason was the European dept crisis, resulting in fear of a recession. My portfolio value dropped 7.2% (net, excluded the fund injected), so in line with STI.

I did not do much buying except the buying of some Capitacomm Trust from open market. I also participated in Citysprings' right issue. Going forwards, I intend to seek out value stocks with good dividend payout. As the market is expected to continue its volatility, purchases will be in 'nipping' form.

This month I collected S$6,223 in dividend.

Below are the top 30 holding. Their relative positions do not change very much. Citysprings and Capitacomm advanced their position due to new purchases. Shipping counters did badly. Cosco dropped to the bottom and Pacific Health Care replaced Yangzijiang.

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

31 August 2011

Stock market has been extremely volatile in August. Since beginning of the month, the global market retreated due to Eurozone debt crisis and US credit down grade. though the US market rallied towards the end of the month in anticipation of the Fed pushing out stimulant packet (QE3), it did not manage to recover the lost.

STI swung wildly with the global market. Despite good corporate results reported, STI lost almost 10% in the month of August, and settled at 2885.26 on 31 August. My portfolio dropped with the index and its value suffered a 10% loss in August(net of new investment).

I bought Sabana Reit and AIMSAMPIReit when their price dropped. I also bought SGX shares and participated in Mappletree Industrial Reit right issue. I received S$8,600 of dividend in this month.

Market is likely to remain volatile in the coming months. While sitting tight to ride through the volatility, I will continue to invest spare cash in defensive stocks with high yield. I will participate in CitySprings right issue, and DBS script dividend scheme next month.

Below are the top 30 listings. AimSampIReit replaces Transpac due to new purchase. SGX jumped up also due to new top-up. Cosco and Yangzijiang have suffered price drop.

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