Portfolio Update 28 February 2018

Global equity market experienced a correction at the beginning of February. Market corrected about 10% before the indices recovered. Local market was not spared. Some counters, including REIT's dropped more than 10% and presented "good buying opportunities", so said some analysts.

Market recovered some lost ground later in the month. As at month end, STI dropped 3.71%, or 131 point from end January. This effectively wiped out all the gain in January. My stock portfolio dropped even more. Its value drop 5% in the month. The apparent poor performance was due to the conversion of comfortdelgro shares from the FCN (fixed coupon notes, a structure product). I received comfortdelgro shares at a price higher than the current market price, and it was booked in to February account. (This was my last FCN. NO MORE structure product!)

I bought some SingTel shares in February. I also received some shares from ESR REIT, Keppel REIT and First REIT through scrip dividend scheme. The net cashflow into the stock portfolio in February was S$113,471.36.

Total dividend received in February was S$17,550, therein about 40% from shares, 30% from Bond and 30% from UT.

Below are my top 30 holdings as at 28 February. ComfortDelgro now is my biggest holding.

1.         ComfortDelGro

2.         M1

3.         DBS

4.         OCBC Bank

5.         SPH

6.         Ausnet Services

7.         Metro

8.         Kep Inf Tr fKa CIT

9.         CapitaComm Tr

10.     ST Engineering

11.     Frasers Comm Tr

12.     Keppel Corp

13.     Sembcorp Ind

14.     SGX

15.     SATS

16.     CapitaLand

17.     AIMSAMP Cap Reit

18.     SingTel

19.     Sing Inv & Fin

20.     Global Inv

21.     Tai Sin Electric

22.     Lippo Malls Tr

23.     Cache Log Trust

24.     YZJ Shipbldg SGD

25.     Mapletree Log Tr

26.     Starhub

27.     Ascendas Reit

28.     Nam Lee Metal

29.     Nikko AM STI ETF 100

30.     OUE

Portfolio Update 31 January 2018

Global stock market started well this year, with DJI hitting new high several times. STI moved up also in the beginning, but appeared to have lost steam in the last week of the month. At the end of the month January, STI moved up 131.07 points, or 3.85% compared with last month.

My portfolio moved up also, but in a slower pave. Compared with last month, its value rose only 3.54%. Nevertheless, this is still a very good start in the new year.

There was no trade done in this month. As the index moved beyond 3,500 (it touched 3,600 this month but did not stay there), I am slowing down the investment in shares.

Total dividend collected in January was S$13,260. Most of the dividend this month came from bond and UT investment, as not many share counters payout dividend in January.

Below are my top 30 holdings as at 31 January 2018.

1.         M1

2.         DBS

3.         OCBC Bank

4.         SPH

5.         ComfortDelGro

6.         Ausnet Services

7.         Metro

8.         CapitaComm Tr

9.         Kep Inf Tr fKa CIT

10.     ST Engineering

11.     Frasers Comm Tr

12.     Keppel Corp

13.     SGX

14.     Sembcorp Ind

15.     SATS

16.     CapitaLand

17.     AIMSAMP Cap Reit

18.     Starhub

19.     Sing Inv & Fin

20.     Mapletree Log Tr

21.     Lippo Malls Tr

22.     Global Inv

23.     Tai Sin Electric

24.     OUE

25.     Cache Log Trust

26.     YZJ Shipbldg SGD

27.     Lian Beng

28.     Nam Lee Metal

29.     Ascendas Reit

30.     United Engineers

Portfolio Update 22 December 2017

As I will be travelling after Christmas and only be back in Singapore 30 December, I decided to do the monthly update earlier for this month.

While US stocks were moving higher in light of tax cut this month, local stocks didn't seem to have the same sentiment. Up till today, STI lose 47.83 points, or 1.39% this month. Since everyone is preparing to enjoy the well deserved year end break, I don't think much will happen next week. (personal opinion, don't hold me for it)

Compared to the index, my portfolio did better this month. Its value dropped only 0.4% compared with end November.

This month, CWT finally was de-listed. I bought it at 95 cents years ago and now sold it at S$2.33. So it was not so bad. No other transaction was done.

For the year 2017, Singapore share market has done well. The STI index gained 504.95 points, or 17.53% for the whole year. My portfolio did not perform as well. Its value rose only 10.41% for the year. That was due to poor performance of some heavy weights in it, e.g. SPH, Comfortdelgro, M1 etc. Net cash flow into the portfolio (fresh fund invested) this year was S$188,000.

Total dividend received this month was S$14,000, from stocks, bonds and UT. The full year passive income amounts to S$178,000, surpassing that from last year and exceeded my target. I have invested in a small business run by a friend and the dividend which I was supposed to receive last year was only received in January this year. If we shift the dividend to last year, then total passive income received this year would be almost the same as last year. All in all, dividend from shares has decreased this year but was compensated by dividend from bonds and UT's.

Below are my top 30 holdings as at 22 December 2017.

1.         M1

2.         DBS

3.         OCBC Bank

4.         SPH

5.         Ausnet Services

6.         ComfortDelGro

7.         Metro

8.         CapitaComm Tr

9.         Kep Inf Tr fKa CIT

10.     Frasers Comm Tr

11.     ST Engineering

12.     Keppel Corp

13.     SGX

14.     SATS

15.     Sembcorp Ind

16.     AIMSAMP Cap Reit

17.     CapitaLand

18.     Starhub

19.     Sing Inv & Fin

20.     Mapletree Log Tr

21.     Global Inv

22.     Tai Sin Electric

23.     Cache Log Trust

24.     Lippo Malls Tr

25.     Nam Lee Metal

26.     YZJ Shipbldg SGD

27.     Ascendas Reit

28.     United Engineers

29.     Lian Beng

30.     Nikko AM STI ETF 100