Wednesday, June 30, 2010

30 June2010

From the big drop in May, market faired better in June. The upside was limited by the uncertainty in the US and European recovery, and by the Football World Cup tournament in South Africa. STI closed at 2835.51, up 2.92% from end of May.

My portfolio under performed the market this month. The value rose 2.6%, but this included the fund (S$5400) invested in the month. I receive S$3041 in cash dividend, which I re-invested in the market in the form of script dividend scheme (OCBC, Cambridge)or top-up(Pan United). I also received 400 K-Green Trust shares from KepCorp.

Below are the top 30 holding as at 30 June. Interestingly, this is the first time when there was no change in the list, lest some positional changes.

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


JW said...

Hi Sanye,

I'm considering SP Ausnet. May I know your views on their lawsuit?

Also, do you think their DRP is sustainable in the long run? Will their DPU decrease due to DRP as there will be more and more shares around?


Sanye ◎ 三页 said...

Hi JW,

I think the outcome of the lawsuit will harm SP Ausnet very much. Ths initial panic selling seemed to be overdone. I missed the chance to load more on this counter when I set the entry level at 90cents.

I think SP Ausnet does have a stable business and the DPU should be sustainable at least for the next 3~5 years.

JW said...

Hi Sanye,

I missed the chance to grab too. :x

Sanye ◎ 三页 said...

Oops, just realised that I miss the word "NOT" in my reply. Pai-say...