31 May 2011

The month May was a quiet one in term of stock market. Trading volume was not high and STI was in negative territory the whole month. Eurozone crisis, Account irregularity in S-chips related Chinese state own companies casted shadow over the market. My portfolio performed somehow worst than the markt. At the end of the month, it dropped 2.33% compared with last month, whereas STI recovered its lost and ended only .63% below last month. The big drop was contributed by: Sembcorp, SembMar, KepCorp, Capitaland, UE, Cosco, Yanzijiang.

This month was also the month with huge dividend payout. I received S$14,000 in cash dividend. I used this to buy shares in SPH when the price dropped, Sing Inv and converted Pac Andes warrant. I also received some bonus shares from KepCorp.

Below are the top 30 holdings:

1 SPH

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

There are not much changes except SingTel and Transpac replaced CWT and UE. Transpac's stay in this list will be short, its price will drop when the huge cash distribution exercise is over.