Friday, May 29, 2009

29 May 2009

The stock market continues its rebound in the month of May, despite the H1N1 flu pandemic and the still not so positive economic situation. Good news that the economics may have been bottoming out fuel the strong rally.

My portfolio staged a strong rally inline with the market. Compared with end April, the portfolio value increase by S$107,700. Minus the S$11,000 new investment, the value of the portfolio increased by S$96,700, or 21.5%, and stand well above the 500K mark. On top of that, I received S$6,700 in cash dividend.

I top up ST Engineering and Comfort Delgro this month. I sold Celestial at 17cents per share (realised lose of S$20,000) as it was reported that the company is facing difficulty in repaying the bonds and has to raise more than 200 million SGD by mid-June.

Below are the top 30 holdings:

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