Friday, August 31, 2012

31 August 2012

August has been a 'quiet' month for the market. Local stocks are trading within a tight range. STI swung between positive and negative during the month, but as said, range bound. As at today, STI closed at 3.025.46, dropped 10.94 points, or 0.36% against last month. My portfolio did slightly better. Its value rose 0.57% in this month, net of new investment.

I sold off my Fraser Comm CPPU 500, as the period of no redeeming is going to expire at the end of this month, and the convesion rate of 1.1845 is not favorable to investor. So I rather sell the stocks with a small profit, than wait for the manager to redeem them at cost.

I bought into Saizen Reit and Global Inv Limited this month. I received some bonus shares from KSH.

This month has been another "dividend" month for me. I received S$13,000 of dividend in total. Below are the top 30 holdings as at today. There are not much changes in the list. GIL made the list after I bought more of the shares.

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

Friday, August 17, 2012

Dividend Focused Investment Strategy

My blog is essentially a record of my investment journey. So this blog is only meant to share my thought ....

Over the time, my investment focus has shifted - focusing on Dividend and generating Cash Return. There are 2 main reasons for this shift:
  1. I have not been very successful in investing in growth stock.
  2. Age is catching up with me and the investment horizon is getting shorter.
  3. I am contemplating to quit my job in 2~3 years.
My SG share portfolio has been shifted to one that overweights dividend paying blue chip, Reits, and defensive stocks paying good dividend.

Selectively, I have been participating in script dividend scheme, rights issues etc offered by companies, e.g. DBS, OCBC, AimsampIreit, Cambridge, SP Ausnet, etc.

With STI crossing 3,000, I have slowed down in my new purchase to build up cash portion.

I have added high yield/bond/fix income Funds /  that pay regular dividend to my UT portfolio.

I use an Excel sheet to record dividend incomes from shares and funds. As and when dividends are annouced/received I record them to monitor the dividend income. As of today, it seems I am well on track to achieve or exceed my dividend target of 60K of this year.

Wednesday, August 1, 2012


Okay, this is not the usual blog recording my investment portfolio. It is a puzzle I received via email. I find it very interesting (and difficult) so just share it here. If you are interested give it a try. Otherwise, have a good day!


There are thirty books of the Bible hidden in this paragraph. Can you find them?

This is a most remarkable puzzle. It was found by a gentleman in an airplane seat pocket, on a flight from Los Angeles to Honolulu, keeping him occupied for hours. He enjoyed it so much he passed it on to some of his friends. One friend from Illinois worked on this while fishing from his john boat. Another friend studied it while playing his banjo. Elaine Taylor, a columnist friend, was so intrigued by it she mentioned it in her weekly newspaper column. Another friend judges the job of solving this puzzle so involving, she brews a cup of tea to help her nerves. There will be some names that are really easy to spot. That’s a fact. Some people, however, will soon find themselves in a jam, especially since the book names are not necessarily capitalized. Truthfully, from answers we get, we are forced to admit it usually takes a minister or scholar to see some of them at the worst. Research has shown that something in our genes is responsible for the difficulty we have in seeing the books in this paragraph. During a recent fund raising event, which featured this puzzle, the Alpha Delta Phi lemonade booth set a new sales record. The local paper, the Chronicle, surveyed over 200 patrons who reported that this puzzle was one of the most difficult that they have ever seen. As Daniel Humana humbly puts it, “the books are all right here in plain view hidden from sight.” Those able to find all of them will hear great lamentations from those who have to be shown. One revelation that may help is that books like Timothy and Samuel may occur without their numbers. Also, keep in mind, that punctuation and spaces in the middle are normal. A chipper attitude will help you compete really well against those who claim to know the answers. Remember, There is no need for a mad exodus, There really are 30 books of the Bible lurking somewhere in this paragraph waiting to be found.