Monday, May 31, 2010

31 May 2010

Volcano Ash, Eurozone debt crisis, China's measure to curb overheating property market, tension between the two Koreas, bloody protest in Thailand, all these bad news come together made May the worst month for the stock market in the past 18(?) months. STI plunged more than 320 points from last month-end to 2650 on 25 May. It has since recovered slightly and stood at 2,752.60. Compared to 30 Apr, it is 222 points or 8% lower.

My portfolio value dropped about 8.97% this month, thus underperforming STI. Only consolation is the S$12,000 cash dividend received, which I reinvested together with the proceed I received from sale of SSH shares. I bought FSL Trust, Lee Metal, Noble, SIA, SPH, Sing Inv and DBS STI ETF (using SRS) this month.

Below are the top 30 holdings. SSH, Pac Andes and Sp Ship were replaced by DBS STI ETF100, KS Energy and SMRT.

1.   SPH
2.   OCBC Bk
3.   ComfortDelGro
4.   DBS
5.   Semb Corp
6.   ST Engineering
7.   SP AusNet
8.   F & N
9.   SIA
10. CitySpring
11. SGX
12. CapitaLand
13. Starhub
14. SembMar
15. SAT Svcs
16. FraserComm
17. Kep Corp
18. DBS STI ETF 100
19. CoscoCorp
20. KS Energy
21. MacqIntInfra
22. CapitaComm
23. FrasersCT
24. Yangzijiang
25. MapletreeLog
26. UE
27. MetroHldg
28. SingTel
29. AscottReit
30. SMRT

Look forward to a better performing Jund....:)

Thursday, May 13, 2010

SSH Corporation

Under KS Energy's privatisation plan for SSH and Aqua Terra, my SSH shares are gone wef today. For every SSH shares I receive 0.1 KS Energy share and S$0.16. If consider S$1.25 as KS Energy share price, then I made a small profit of 6%, excluding the dividends received from the past 3 years.