31 May 2013

For many years, May has always been a month when I received big dividend, but at the same time suffered loss in share prices. So this year, when STI did well in the first half of the month, I thought: "Hmm...., finally this year is different." Then came the bad numbers from China and Mr. Market reacted adversely to it. Alas.. history repeated itself.

Personally, I feel the sell down in the past few days was overdone. The market was waiting for a trigger to "correct" the run-up earlier. So when it found one it did just what everyone was waiting for - correction. Of course this is my personal opinion and I am not an expert. I may be wrong and this may be the beginn of the bear market. Who knows?

At the end of today, STI closed at 3,311.37, 56.81 ponts or 1.69% lower than last month. My portfolio performed poorly. Its value dropped 3.8% compared with last month. Most of the property related counters did badly this month.

For the MIIF capital reduction, I opted to receive APTT shares, as I thought the yield was okay. I applied for IPO but got nothing. On hindsight, "heng ah". When the counter started weak, I bought some from the open market to round my shares to full lot. I bought some Boustead shares and Sabana Reit. I received some K-Reit shares from KepCorp. I also received some Cambridge IT, Mapletreelog shares through Script Dividend Scheme. All in all, I invested S$20,000 in the stock market this month. This month I also  invested in Schroder Global Multi-Asset Income Fund, a UT which pays dividend monthly. I will start to receive dividend from this fund next month.

Going forward, if the market weakness continues, I will invest in some stocks/reits with good yield. 

This month, my total dividend income amounts to S$19,500 which is a record high. Looking at the chart, I should be well on track to hit or exceed my S$80,000 dividend target this year, baring unforeseen circumstances.

Below are my top 30 holdings as at 31 May 2013:

1.   SPH
2.   OCBC Bk
3.   ComfortDelGro
4.   DBS
5.   SP AusNet
6.   ST Engineering
7.   Semb Corp
8.   Starhub
9.   FraserComm
10. SGX
11. MetroHldg
12. SembMar
13. CitySpring
14. CapitaComm
15. Nikko AM STI ETF 100
16. Sabana Reit
17. Sing Inv
18. Ascendasreit
19. Kep Corp
20. SATS
21. MapletreeLog
22. SIA
23. AIMSAMPIReit
24. CapitaLand
25. FrasersCT
26. PanUnited
27. Asian Pay TV Tr
28. Yangzijiang
29. GlobalInv
30. CWT

Compared with last month, property related counters don't do so well this month. Sabana moved up due to new purchase. APTT and CWT replace MIIF and Cambridge.

30 April 2013

This month, US market seemed to perform pretty well, following some good corporate results. Not so for the local market. Corporate results was mix, and the ST Index was hovering up and down without a clear direction. Most of the months it stayed slightly below March closing, until the last week. Then it suddenly moved forwards to new high on the last few day, at a time when GDP forecast was revised downwards by some local bank. You ask me? I don't understand.

As at today, STI closed at 3368.18, up 1.82% from last month.Most of the gains were recorded during the last few days of trading, which looks to me like window dressing. My portfolio did slightly better, up 2.11% from last month.  I received a total of S$3,070 in dividend from shares and UT this month.

I did not do much trade this month, except received some KS Energy shares through right issue and Global Inv Ltd shares through script div scheme. I just continued to build up cash since index was high. (From the past experience, Stock price may correct a bit in May). I bought some Unit Trust that is investing in Gold stock.

Below are the top 30 holdings as at 30 April.

1.   SPH
2.   OCBC Bk
3.   ComfortDelGro
4.   SP AusNet
5.   DBS
6.   ST Engineering
7.   Semb Corp
8.   Starhub
9.   FraserComm
10. SGX
11. MetroHldg
12. CapitaComm
13. CitySpring
14. SembMar
15. Ascendasreit
16..Nikko AM STI ETF 100
17. Sing Inv
18. MapletreeLog
19. Kep Corp
20. AIMSAMPIReit
21. FrasersCT
22. CapitaLand
23. SIA
24. SATS
25. Sabana Reit
26. MacqIntInfra
27. Yangzijiang
28. PanUnited
29. Cambridge
30. GlobalInv

KepCorp, SembCorp, Sembmarine (oil rick builders) lost some ground. GIL replaces AscottReit due to buy up. Reits are performing well in this month.

28 March 2013

Time really flys! Before one realises it, a quarter of the year has passed. Since it's a public holiday tomorrow, today is the last trading day of the month. The biggest news this month affecting the stock market must has been the banking crisis in Cypus. The worst seems to be adverted, but as the problem was not yet solved, it may come back again. With the news that this problem was somehow released, the equity market did quite well in the past few days.

STI movement was somehow rangebound, staying slightly negative (relative to last month), but managed to get into positive territory towards the end of the month. It closed today at 3308.10, up38.15, or 1.17% from last month.

My portfolio value rose  1.4% this month, slightly better STI contributed by smaller counters. I bought some HTL shares and Mapletree Greater China Commercial Trust (IPO). I received some shares from MLT, MIT and CIT thrugh script dividend scheme. I also subscribe to rights of KS Energy. I opted for script of GIL in script dividend scheme too.

I received S$2,884 dividend this month, which was reinvested.

Below are the top 30 holding as at today. UE and GIL dropped off the list and were replaced by Cambridge and AscottReit.

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