Buy @ $5.52, $5.51
Continue to buy ar a lower price. Am doing it slowly, nibble bit by bit. Can sell any time on opportunity although their plans to spin off FCL is just around the corner (1-2mths away). 😀
NeraTel @ $0.725
UMS @ $0.54
Buy @ $0.54
Decided to add more to my collection. Looks like yesterday's rise to close at $0.57 and this AM to $0.58 may be due to traders after all. I was in the Q to sell before market opened but made the mistake (on hindsight) of withdrawing it. Still, the Yield @ 9.26% is something to think about… assuming they can sustain it in the longer term, especially during down cycles. Note that BB ratio had slipped below 1 (0.98) recently… 😀
SB REIT @ $0.735
F&N @ $5.538
Buy @ $5.53, $5.54
Add to my new collection aagain. I noticed lots of SGX Annc recently for their debts redemption which I think is related to the restructuring in preparation for the split into F&N (Beverage + Publishing) + FCL (Property). In the worst case, will hold till the split. But, I'm more interested in the F&B co. 😀
Forterra @ $2.15
F&N @ $5.55
ARA @ $1.6638
Sell @ $1.655, $1.67, $1.69
Sell till I'm left with one last batch! There was a married deal of 1000 lots @ $1.64, which I suspect to be the same buyer who was buying in 1-lot from CP '40' = Goldman Sachs, '47' = UBS, '73' = Macquarie. Someone else came in to sell during the last few minutes and during matching to push it down from $1.695 to $1.68 close. 😀
Portfolio Q313
NOTE
I have reverted back to the individual stocks breakdown as there's no individual stock that has too large a %.
Portfolio Breakdown
My portfolio (at cost) of S'pore stks for Q313 close,
Summary
The STI closed at 3167.87, +0.02% from end 2012. Using cost as a reference, my portfolio stats (vs 2012),
- Size (Stocks Only) : -5.69% (Cost) / -4.08% (Market Value)
- Portfolio Performance vs End-2012 Mkt Value : +1.12% (Unrealised) +10.79% (Realised) + 4.51% (Div) = +16.42%
- Further Breakdown of Realised Profits : 9.37% (Stocks Bought before 2013) + 1.42% (Stocks Bought in 2013)
So, +16.42% vs+0.02% (STI), better than STI. Improved from Q213 (+14.32% vs STI -0.53%) but still below Q113 (+18.51% vs STI +4.45% although there's an improvement if measured wrt STI.
It's been a roller coaster Q3, with a sharp drop in Jul, followed by a rebound in Aug, before pulling back towards end-Sep. The volatility is very much due to the uncertainties of QE3 easing and to a certain extent, Syria problem. Having seen several ups and downs especially from QE3 issue,
I have decided to play safe and reduce my exposure to REITs further (totally sold off my entire stake in Sabana as there's also a Placement at close to 10% discount which I don't quite like ie. Mgmt leaning towards self interest). But, at the same time, I'm also taking risk by buying into Forterra, a Biz Trust which is geared, but which is at a hefty discount to NAV.
Portfolio Changes (vs Q213)
- New Additions : UMS, ARA, Forterra, SPH
- Increases : LMIR, Vard
- Decreases : Popular, NeraTel, KGT
- No Change : HLFin, Saizen, SBSTransit
- No More : Sabana, F&N, SingTel