31 March 2009

Market hit a low on 2 Mar 2009 but started to recover a bit. In the 3rd week of March market rallied with the hope that the US Gov rescue plan may work. Then Obama surprised the world by asking the two US Automobile Giants (GM and Crysler) to re-work their plan or face bankruptcy. Market plunged on that news. US continued to declined on Tues night (30 March) but Asia somehow recovered on 31 March.

I continued to buy in on weakness. Finally I own shares of kepCorp, Sembmarine and SMRT. I also topped up SP Ausnet when price dropped to 66cts, and Pacific HC.

My portfolio recovered a bit. As on 31 March it stands at S$371,780. Compared with last month, it increased by S$30,520. Fresh fund injected was S$18,280. So there was a S$12,240 gain. Besides, I received S$950 in cash dividend.

Below are the top 30 holding as at 31 March 2009.

1. ComfortDelGro
2. SPH
3. OCBC Bk
4. Semb Corp
5. ST Engineering
6. SP AusNet
7. DBS
8. F & N
9. S I A
10. SingTel
11. CoscoCorp
12. SembMar
13. SMRT
14. Sp Ship
15. SAT Svcs
16. Raffles Edu
17. FrasersCT
18. KS Energy
19. SPC
20. HG Metal
21. CapitaComm
22. Kep Corp
23. Aztech
24. CitySpring
25. MacqIntInfra
26. ASL Marine
27. FraserComm
28. MIDAS
29. Pteris Global Ltd
30. PanUnited

SMRT, HG Metal and Pteris made it to the top. SMRT is new comer in my portfolio. HG Metal and Pteris price recovered a bit.

Metro, Celestial and Cambridge dropped off the list. Celestial due to price fall, Metro and Cambridge were edged out by HG Metal and Pteris.