Sell @ RM0.90. Sold at a loss if based on avg cost, but slight profit if div is included. M-REITs are very much more price resilient than S-REITs during this melt-down. I think this shows the influence of foreign funds in SGX mkt! 😀
Starhub @ $1.94
SPH @ $2.89
STI ETF @ $1.80
Q109 Close
My portfolio (at cost) of S’pore stks for Q109 close,
The STI closed at 1699.99, -3.5% fm end 2008. Using cost as a ref, my portfolio stats (vs 2008),
- Size : +6.65%
- Realised Profit/Loss : +2.07% (Profits : +0.15% ; Div : +1.92%)
- Unrealised Profit/Loss : -42.50% (-5.94% if remove 2008 carry fwd)
- Net Portfolio Performance :
o At Cost : 2.07% – 42.5% = -40.43%
o At End-2008 Mkt Value : 2.07% – 5.94% = -3.87%
So, -3.87% vs -3.5% (STI), slightly worse than STI. But, big losses based on cost 🙁
Changes in portfolio (vs Q408),
- New Additions : StarHub, STI ETF
- Increases : SPH, Thomson
- Decreases : Nil
- No Change : MacCookPSF, CitySpring, Cambridge, GTC, SingPost, Rickmers, SBSTransit, FrasersComm, CDLHTrust, FSL, MapleTree, ThomsonMed, FirstREIT, MacCookIREIT, SPAusNet, M1, STEng, HLFin
- No More : Nil
StarHub @ $1.96
SingPost @ $0.77
SingPost @ $0.75
ComfortDelgro @ $1.35
Sell @ $1.35. Decided not to hold as yield (<4%) is not up to my expectation. They seems to hv changed their payout policy to 50% (vs 100% previously) of earnings (the same is observed of SBS, which is their subsidiary). The cash retained had been used to pay down debts but I believe in the mid-term, they are likely cleaning up their balance sheet (for banks ie. lenders to see) so that they can borrow even more money for acquisitions. Buyer code '08' – CS. There seems to be a fight between buyer and seller at the moment (seller won on Friday when it dropped to $1.29). I may still come in to buy for trading purpose if it shld drop below $1.30. 😀