27 February 2015

This is a very short month and with Chinese New Year falling in the middle of it, my priority is definitely not on stock market, though I still read the business news to keep myself informed what was going on.

"Grexit" is still in the news very often. China's slowdown has somewhat affected the Asian investors' sentiment. So it seems that only US is doing well, with the fed chief indicated that she may not raise the interest rate so soon and too drastically. Local corporate earning results are a mixture, with some companies doing well and some don't. Most of the companies are still profitable but their margins are squeezed. So for those companies in my portfolio which have announced dividend, quite a few have reduced the dividend declared.

STI closed today (27 Feb) at 3402.86, up 11.66 points or 0.34% from last month. Noble Group's negative surprise today and other reasons helped to wipe out most of the gain this month. My portfolio value increased only 0.17% this month (net of new funds invested), not as good as STI.

I sold away all my Pac Andes shares this month. I bought some Aztech shares. I also received shares from Cambridge Tr, First Reit, Frasers Comm Tr and Mapletree Log Tr. from scrip dividend scheme. Net fund invested was S$2,512.82. Total passive income received in February was S$9,655.60. I also accepted Popular's conditional cash offer.

Below are the top 30 holdings as at 27 February 2015. Besides some swopping of positions, there is not much change in the list. The SG market has been quite dull with low volume.

1. ComfortDelGro
2. SPH
3. OCBC Bank
4. DBS
5. Ausnet Services
6. Metro
7. Starhub
8. Sembcorp Ind
9. ST Engineering
10. Frasers Comm Tr
11. SGX
12. CapitaLand
13. OUE
14. CitySpring Trust
15. CapitaComm Tr
16. United Engineers
17. AIMSAMP Cap Reit
18. Nikko AM STI ETF 100
19. Mapletree Log Tr
20 Ascendas Reit
21. YZJ Shipbldg SGD
22. SIA
23. SingTel
24. Sing Inv & Fin
25. Global Inv
26. SATS
27. Lippo Malls Tr
28. Sembcorp Marine
29. Frasers Cpt Tr
30. SingShipping

30 january 2015

The equity market has been very volatile this month. Stock indices went up and down like a yo-yo. Oil price crisis still are still haunting the market. Negative economic data from China and Europe further depressed the market sentiment. ECB’s QE decision gave a boost to the market sentiment, which improved in the 2^nd half of the month. Positive results reported by the S-Reits also helped the market to recover. The MAS' shifting of strong S$ policy seemed to have positive impact on the stock prices as well.

As at 30 January, STI closed at 3,391.20, rose 26.05 points, or 0.77% compared to last month. My portfolio performed better than the STI this month. As at 30 January, its value increase by 2.15%. Certain counters benefited from oil price drop and performed very well in this month.

I bought some Tat Hong shares this month, and received some Boustead shares through scrip dividend scheme.I tried to nibble on SCI and Keppel Corp in vain. I also participated in the right issues of Pac Andes. The total fund invested in stock market was S$9,850.

The major share holder of Popular Holdings Ltd, one of my flavoured dividend producing counter, has announced their plan to take the company private. Looking at the way things go, I think I will have no choice but to sell my small stake to them. I will miss the constant dividend from this counter, though I will sell the shares with a handsome profit.

Total passive income amounted to S$5,168 this month, from both shares and UT portfolio. Below are the top 30 counters as at 30 January 2015. ComfortDelGro overtook SPH and took the top spot due to recent price run-up. The number of position changes showed the volatility of the market. Keppel Corp and Ascott Reit was replaced by Fraser CT and SingShipping.

1.     ComfortDelGro
2.     SPH
3.     OCBC Bank
4.     DBS
5.     Ausnet Services
6.     Sembcorp Ind
7.     Metro
8.     Starhub
9.     Frasers Comm Tr
10.  ST Engineering
11.  SGX
12.  CapitaLand
13.  United Engineers
14.  CitySpring Trust
15.  OUE
16.  CapitaComm Tr
17.  AIMSAMP Cap Reit
18.  Nikko AM STI ETF 100
19.  SIA
20.  YZJ Shipbldg SGD
21.  Ascendas Reit
22.  Mapletree Log Tr
23.  SingTel
24.  Global Inv
25.  Sing Inv & Fin
26.  Lippo Malls Tr
27.  Sembcorp Marine
28.  SATS
29.  Frasers Cpt Tr
30.  SingShipping