"Mar 18" - SG Transactions & Portfolio Update"

Publish date: Sat, 03 Mar 2018, 10:38 AM

No.	Counters	No. of Shares	Market Price (SGD)	Total Value (SGD) based on market price	Allocation %
1.	Comfortdelgro	85,000	2.00	170,000.00	27.0%
2.	M1	75,000	1.80	135,000.00	21.0%
3.	Fraser Logistic Trust	100,000	1.08	108,000.00	17.0%
4.	Ho Bee Land	30,000	2.55	76,500.00	12.0%
5.	Starhill Reit	100,000	0.73	73,000.00	11.0%
6.	Vicom	8,000	6.05	48,400.00	8.0%
7.	Tuan Sing	40,000	0.445	17,800.00	3.0%
8.	Singtel	4,000	3.35	13,400.00	2.0%
9.	Warchest	-	-	2,000.00	1.0%
Total				644,100.00	100%

I'm updating the portfolio rather earlier than usual during the month as I'll be heading off to my Taiwan trip next week and will spend quite a bit of time there and only be back towards the last week of the month.

The blog will take a break meanwhile while I'm away.

This was a relatively easy month to update as there's not a large movement from the previous month to this month.

In fact, the closing price of my top 3 companies - Comfortdelgro, M1 and FLT was exactly the same today as my last update in the month of February. So no change there as I will continue to hold on.

This was a good month for me.

Hobee Land reported a good set of results which send its price soaring and boosting the portfolio for this month.

I have also managed to divest ST Engineering this month after it reported their full year results which I sold it off at $3.43 following after. I'm not yet convinced the marines would recover as fast as what many analysts have touted and also the other sectors. My take is it will be a flat year in the next few years until the growth is evident. Meanwhile, I'll put this in the watchlist under the 4-5% radar zone yield play.

With the funds from the divestment, I purchased 100,000 shares of Starhill Global Reit at 73 cents. This is one retail reit which I have always been following but never have the chance to get because it was all about CMT and FCT in the past, and now I want a piece of the play from Starhill.

With the AEI ongoing over their properties, I am expecting FY19 to be a solid turnaround for Starhill, which meanwhile I will sit and wait for their 6.4% yield.

Net worth portfolio

The portfolio has increased from the previous month of $633,860 to $644,100 this month (+1.6% month on month; +28.5% year on year).

In fact, it is during this period last year that I managed to scotch through the $500k milestone. How fast time flies.

It is also the second time this year that the net worth has set its record high. This shows investors have a relatively easy period in the market where most of bulls prevails.

I like so far what I've been doing with my strategy this year.

I've been a little bit more passive, less active in the market and focusing on a few companies which I'm more familiar with and putting in conviction sum of money.

There are a couple of friends who've encouraged me to look at other HK and US sectors. I've not been able to do that due to other commitment but I'm relatively happy so far with my investment. When the time is ripe, I'll venture into other sectors in other countries.

I don't entirely agree when someone says SG is a dead market and you cannot grow wealth in it other than receiving dividends. I think it still boils down to the right entry and exit strategies for the right companies and across the past 8 years I think it works fine for me.

Anyway, enough rambling from me for now.

I'm sure there are enough meats for every player in the market. We just have to be patience in it.

Thanks for reading.

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