30 April 2010

Global stock market continues its advances in most of April. However in the last week of the month, market experienced some turbulance due to trouble in the EuroZone. STI briefly went above 3000 but ended the month below (2974.61). Good GDP forecast and corporate earnings should help to sustain the uptrend in the coming months.

As a whole, the portfolio is doing well in this month. net of the funds injetted, portfolio rose about 4%.  I bought Popular, FSL shipping trust and top up MIIF this month.

Below are the top 30 holdings. There isn't much changes, except MIIF re-entered the list due to top up and Aztech dropped off, as share price dropped after XD.

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

Due to some timing issue I did not receive any dividend this month. With most of divideng paying counter timing their payout dates in May, I can look forward to a"big bonus" next month. On the other hand, someone reminded me again of the saying: "sell in May and go away."  Let's see.....

STI touches 3000

Took a look at the market at lunch break today. STI stands at 3002. Coincidentally, my share portfolio total return (excludes dividend) turns from red to black!

while celebrating the turnaround, I must remind myself not to let greed overcome the rationale. As STI approaching the pre-crisis level, caution, caution, caution! should be the theme. Value, dividend should be the focus, not market darlings.

31 March 2010

The global economy seems to be on route to recovery. Corporates reported good earning in the past quarter. The US stock market rose steadily, depite the crisis reported from the Euro zone. STI rose 136.6 points (or 4.9%) in the whole month. If not for today's correction (yet to find out why the market corrected so much today) it would have ended above 2900.

As the index got higher, I became more cautious in buying stocks. This month, I only injected S$7,400 into the portfolio. I subscribe to FCOT CPPU and script dividend from Cambridge Industrial Trust and Pac Andes. Net of the fund injetted, portfolio rose by 5.14%. I received S$1,368 cash dividend also. Below are the top 30 holdings.

1.   SPH

2.   ComfortDelGro
3.   OCBC Bk
4.   DBS
5.   Semb Corp
6.   ST Engineering
7.   SP AusNet
8.   F & N
9.   CapitaLand
10.  CitySpring
11.  SGX
12.  Starhub
13.  SembMar
14.  FraserComm
15.  SAT Svcs
16.  Kep Corp
17.  SIA
18.  CoscoCorp
19.  SSH Corp
20.  FrasersCT
21.  CapitaComm
22.  MapletreeLog
23.  Aztech
24.  AscottReit
25.  MetroHldg
26.  SingTel
27.  Yangzijiang
28.  Pac Andes
29.  UE
30.  Sp Ship

As compared with last month, the top 30 holdings are little changed. Pac Andes re-enter due to price increase and the new units bought through dividend. SuntecReit was squeezed to 31st position. In the near future SSH will disappear due to KS Energy's business consolidation plan (approved during AGM).
 
In the coming month, I will continue to look up for value stock to build up the portfolio, but will be cautious because STI has run up quite a lot.