Friday, April 29, 2016

Portfolio Update - 29 April 2016

The stock market went yoyo this month. Towards middle of the month, STI rallied more than 100 points, but soon loss steam. Negative corporate earning news from US and BOJ's decision not to hand out further stimulation caused the market to trade lower. At the end of the month, STI returned to where it started a month ago.

STI closed today at 2,838.52, down 2.38 points, or 0.08% from last month. My portfolio performs slightly better. Its value rose 0.89% from end of March, net of fresh fund injected.

I bought some SingPost shares this month, when the price dipped upon news that the designated new chairman declined the post. This is the only share trade this month. I subscribed to the retail bond from Perennial.

Total passive income received this month was S$11,700. Most of the dividends were from Unit Trust as April is generally a "dry" month from share dividend.

With economy slowing down and still no sight to the end of oil crisis and China problem, I will also adopt a cautious stance and make use of this period to build up the cash portion of my portfolio. I will still invest when good opportunity presents itself. Meanwhile I am looking forward to next month's bumper dividend income.

Below are my top 30 holdings as at 29 April 2016. Ascendas H Trust dropped off the list and was replaced by SingTel.

1.       SPH
2.       ComfortDelGro
3.       OCBC Bank
4.       Ausnet Services
5.       DBS
6.       Metro
7.       ST Engineering
8.       Kep Inf Tr fKa CIT
9.       SGX
10.   Frasers Comm Tr
11.   AIMSAMP Cap Reit
12.   Sembcorp Ind
13.   HTL Int
14.   Starhub
15.   CapitaLand
16.   SATS
17.   Ascendas Reit
18.   Keppel Corp
19.   CapitaComm Tr
20.   United Engineers
21.   Tai Sin Electric
22.   OUE
23.   Sing Inv & Fin
24.   KSH
25.   Stamford Land
26.   Nikko AM STI ETF 100
27.   SIA
28.   Mapletree Log Tr
29.   Nam Lee Metal
30.   SingTel


cookie said...

hi Sanye,

11k for april is not bad at all. mine is about half of yours. i see you have got singpost too. i think this is a counter to hold for long. Having said that, should it run up so much such that its yield becomes very compressed, i would be on a lookout to lock in the gains and go to another counter where the yield is more. recently, i sold off half of my st eng stake at 3.45(yield 4%+) to lock in huge gains and i bought frasers centrepoint trust(yield 6%) with it, in order to enjoy increased cash flow. If no time or cant find or simply too lazy to find, i will simply stay put.


Sanye ◎ 三页 said...

Hi King Yoland,

Your strategy is good. I am the more lazy type so I normally hold my shares for very long time.

Anonymous said...

Hi Sanye,
Noted some small caps like nan lee metal especially metal related counters give v good dividend yield consistently PE, PB all looks ok, are there good to hold for long terms? Example: Lee metal, Sin Ghee Huat just to name a few anything to take note especially with China slow down?


Sanye ◎ 三页 said...

Hi Jason,

I have a few of these counters in my portfolio and they have been giving good dividends in the pass few years. Some of the small caps I have are Lee Metal, Nam Lee and Tai Sin.

I am not too sure how China slowdown will affect their business, but steel and cables are heavily used in local construction as well.

Unknown said...

I am too normally hold, but sometimes temptation is too great to sell off.. of course after xd and when capital gain 10% to 15%..
Would like to seek advice when to sell ? Thanks

Sanye ◎ 三页 said...

Hi H Tanjung,

Thank you for visiting my blog. However I am not able to give you any advice when to sell. Perhaps you can refer to the comment above by Yoland King, who has a certain strategy to sell his holding when share price has risen and dividend compressed.

Happy investing!

Anonymous said...

Warm greetings. I was wondering if can contribute weekly editorials about personal finance? Thank you so very much, Kat.

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