Tuesday, January 31, 2017

Portfolio Update January 2017

Ever since Donald Trump won the US election, market has shown positive trend. The new US president had used the slogan "To Make US Great Again" in his election campaign. Well at the least he has so far made US the "centre of world attention" again with his actions after his inauguration.

STI rose quite a bit in January. As at today, the index closed at 3046.80, up 166.04 points or 5.76% for the whole month. However, I don't really understand why the market shows such bullishness, as the corporate earnings reported so far do not tally with the index performance. Some companies in my portfolio in fact reduced their dividend pay out due to lower profit.

My portfolio value increased with the index, but at a slower pace. Its value increased 3.59% for the month of January.

This month, I did not do any active trade at all. I accepted the cash offer from Aztech and sold all my shares to the company, with a loss. I subscribed to the right issues from Sabana Reit. One of my retail bond investment from Capitamall Asia was redeemed prematurely by the issuer.

Total dividend received from stock and UT investment was S$5,750 this month, mainly from UT.

Below are the top 30 holdings as at 31 January 2017.

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


Arthur Wang said...

It is a puzzle for me too, why the sudden bull run after Donald Trump take over as US president? Furthermore, there are many protests stage against him in the US. No wonder they say we can never understand Mr. Market temper.

Sanye ◎ 三页 said...

Hi Arthur,

Thanks for visiting my blog. Wish you and your love ones a prosperous and healthy new year.

Yes we can never understand Mr Market's temper. So I choose to invest for long term and dividend yield, ignoring most noises from the market.

Unknown said...

Do you know did SPH cut its dividend for 2017 May?

Sanye ◎ 三页 said...

Hi Arthur,

I am not aware of such an announcement from SPH. However, the 1st quarter result wasn't that good. If the result does not improve over the next quarter, I am not surprised if they reduce the dividend in May, or even in December.