30 September 2013

“世事如棋局局新”. Whatever were affecting the stock market negatively in August, were suddenly seemed averted: Fed announced that they were not scaling back their bond buying as yet, US military action against Syria was hold back. So the market reacted to the good news positively and rallied.

STI rose 94.95 points, or 3.13% in September. My share portfolio performed even better. Its value rose 5.24% (net of amount invested this month), almost recovered the losses in August.

During the month, all my CPF-OA shares and UT are converted to cash investment. I did not purchase any shares from open market, but received shares of Mapletree Industrial Trust, K-Reit, Boustead, UE and Pacific HC either through script dividend scheme or right issue subscription. Total amount injected was S$10,297.93. Total dividend received this month amounts to S$7,557.91, from shares and UT.

Going forward, I will still stick to my plan of investing for income. Whilst looking for good value stocks to invest, I am mindful that the US QE tapering is delayed but will still come back. The problem in Syria is still not solved. US government shutdown risk is still not resolved, but I think they will somehow find a solution for it. The turbulence it created may present some opportunities.

Below are the top 30 holdings as at 30 September:

1.       SPH
2.       ComfortDelGro
3.       OCBC
4.       DBS
5.       SembCorp
6.       ST Engineering
7.       SP AusNet
8.       Starhub
9.       SGX
10.   FraserComm
11.   SembMar
12.   MetroHldg
13.   CapitaLand
14.   City Springs
15.   Nikko AM STI ETF 100
16.   CapitaComm
17.   Sing Inv
18.   KepCorp
19.   SATS
20.   GlobalInv
21.   Ascendasreit
22.   Yangzijiang
23.   Sabana Reit
24.   SIA
25.   SingTel
26.   MapletreeLog
27.   UE
28.   AIMSAMPIReit
29.   FrasersCT
30.   PanUnited

LippoMalls and Asian Pay TV Trust were replaced by SingTel and UE, as new units of the latter were added to the portfolio.