Compared with a month ago, STI rose 78 points, or 2.54%. Year to date, the STI has climb 10.22%, or 294.35 points for the first quarter. My portfolio move in almost in line with the index, just at a slightly slower pace. As at 31 March, its value rose 2.42% compared to end February.
This month, I bought some IREIT Global and added some Lippo Mall Trust shares. I added some shares from Capital Retail China Trust and Fraser Commercial Trust shares through scrip dividend scheme. I also participated in the right issue from Ascott Residence Trust. I sold away all my shares in Raffles Education and Noble Group. Both are under performers in my portfolio. The net cash flow into my portfolio this month is S$10,692.57.
Total dividend received this month was S$7,374.00, from both shares and UT.
Below are my top 30 stock holdings as at 31 March 2017.
- SPH
- ComfortDelGro
- DBS
- OCBC Bank
- Ausnet Services
- Metro
- ST Engineering
- Kep Inf Tr fKa CIT
- Frasers Comm Tr
- SGX
- Sembcorp Ind
- CapitaLand
- AIMSAMP Cap Reit
- Tai Sin Electric
- CapitaComm Tr
- Keppel Corp
- Starhub
- SATS
- Sing Inv & Fin
- OUE
- Lippo Malls Tr
- United Engineers
- Global Inv
- Nam Lee Metal
- Ascendas Reit
- Nikko AM STI ETF 100
- Cache Log Trust
- Stamford Land
- KSH
- Mapletree Log Tr
10 comments:
For your consideration.
HI,
Thanks for sharing this information.
Sanye
Hi Sanye,
Any particular reason why you decided to buy more Lippo Mall Trust?
Thanks.
Hi K
I added on Lippo Mall Trust because of its high yield, and the growth prospect of the Indonesian economy.
Hi Sanye,
What is considered a good yield to you worthy of your investment? Can share with us?
Also in your opinion can Lippo Mall sustain the dividend, their yield seem good in the past few years basd on current stock price
Jason
Hi,
For REIT, I consider a yield above 6% as worthy to invest.
In the case of Lippo Mall Trust, I have been getting more than 8% in the past few years. I do hope that this is sustainable.
Hi Sanye,
How do you quantify underperformance? For instance, you decided to let go Raffles education share? Can share with us?
Jason
Hi Jason,
Eh brother, don't put salt into my wound leh...
No, I was just kidding. Frankly, I bought my Raffles Education shares many years ago, when I just started to build the portfolio. I thought then this was a good stock with growth potential, and so I got into it. However the I soon realised that I bought it at its peak, and the price started to go south.
The selling was part of an effort to clean up the "non-performers" from my portfolio. Raffles Edu share price has not been moving favourably in the last few years. The only positive sign is they still paid a small dividend. The value is so insignificant that I decided to sell it.
You must have invested a lot or else you would received so much dividend.
Assuming 8% dividends, my calculations says he invested about $3.1M.
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