Posts

Posted on

FCOT @ $1.16

Buy @ $1.16

Add to average down… The last of my free cash… Hv to look for ssomething to sell and switch… 😀

Posted on

OCBC @ $7.63

Buy @ $7.63

Another day of drop… STI -23.18 @ 2579.23… drop back below 2600… China data n good… again… I should add bank shares to YieldStock blog as they have hit the minimum 4% Yield requirement….  😀

Posted on

OCBC @ $7.73

Buy @ $7.73

An interesting day as STI -26.7 @ 2602.41 and all the banks are -1.8% (DBS & UOB) & -2.4% (OCBC) but my target YieldStocks & REITs are +ve! Perhaps the banks went up too much last Friday…. Anyway, decided to buy a bank share instead and selected OCBC over UOB as it's below NBV (-0.6%) vs +1.6% (UOB)… DBS is -10.6% but I don't have any to average down… 😀

Posted on

SMRT @ $1.525

Sell @ $1.525

Decided to clear my last lots at a loss…. STI +66.66 @ 2629.11… SMRT had been going up from $1.38 on day of Q3 results (25-Jan) … EPS = 2.42ct, back to Q3 (Dec-11) level! Looks good, but with many stocks now looking a lot more attractive at higher Yield and lower PE, I was planning to switch… but, today, my target stocks also +ve… perhaps month end window dressing… or BOJ rate cut to -ve… or techincal rebound… or ??? Anyway, good to have free cash for CNY… can't wait till end-Feb for Dividends… 😀

Posted on

FCOT @ $1.225

Buy @ $1.225

Had been waiting for lower prices for a while and finally gave up as Quarterly Results will be out on 20-Jan. It immediately dropped to a low of $1.21 before a kelong close at $1.225…

Yield = 8.163% if DPU is maintained at Q415… but if it dips back to Q315 DPU, Yield = 7.7%… Larger DPU dips means lower Yield… but, I'm expecting it to be at least 7.5%… Consolation is I'm getting at a big discount to the $1.48 during Private Placement on 3-Aug-15… 😀

Posted on

M1 @ $2.62

Sell @ $2.62

With STI dropping below 2700 @ 2691.78, -17.07 & M1 +4ct, I decided to contra off and take profit. Was planning to do a switch but surprisingly, many of my targets were also +ve! 😀

Posted on

M1 @ $2.51

Buy @ $2.51

Too many stocks to average down… Decided on M1 as -5.2%… Results will be out on 12-Jan… At current prices, Yield ~6% if 80% payout (as in previous years) and ~7.5% if 100% payout (last FY, but slim chance)… 😀

Posted on

SingPost @ $1.525

Sell @ $1.525

Contra off… SingPost was queried yesterday on their Price & Volume mkt activity yesterday and replied this AM before mkt opened that they have no new significant announcement… However, with China Circut Breakers being triggered and their mkt halted again, STI closed -74.36 @ 2729.91… With SingPost +ve and many other stocks -ve, coupled with me having no free cash, I decided to contra off and do a switch… 😀

Posted on

SingPost @ $1.51

Buy @ $1.51

What a way to start the New Year…. China mkt halted after newly implemented circuit breakers triggered due to -5% + -2% plunge… Today, Devaluation of China Yuan… STI -29.96 @ 2804.27 today… already -78.46 after 3 days in the New Year…

SingPost -10ct or -6.2% vs STI -1.06%… already got queried on huge volume traded… scary… 😀

Posted on

Portfolio – Q415

 

Portfolio Breakdown

My portfolio (at cost) of S’pore stocks for Q415 close,

% Holding

Stocks

Total

> 10%

UMS

41.4%

   

M1

   

5-10%

KingsmenCreative

35.7%

   

Starhub

   

   

King Wan

   

   

Frasers Com Tr

   

   

Kep Infra Tr

   

< 5%

F & N

19.1%

   

Genting Sing

   

   

SingTel

   

   

SMRT

   
 

ARA

  
 

SingPost

  
 

IREIT

  
 

UOB

  

   

OCBC

   

Cash

   

3.9%

Note : Stocks are arranged in descending order of % holdings

 
Summary

The STI closed at 2882.73, -14.34% from end 2014. Using cost as a reference, my portfolio stats (vs 2014),

  • Size (Stocks Only) : +6.20% (Cost) / -3.71% (Market Value)
  • Portfolio Performance (Includes Cash) vs End-2014 Mkt Value : -8.63% (Unrealised) + 1.90% (Realised) + 4.92% (Div) = -1.82%
  • Further Breakdown of Realised P&L : -0.27% (Stocks Bought before 2015) + 2.17% (Stocks Bought in 2015)

So, -1.82% vs -14.34% (STI), better than STI but still a loss…

Q415 remained tough for stocks…. Although STI recovered a fair bit in Oct-15 from the Sep-15 lows, it got hit by the Paris terrorist coordinated attacks in Nov-15 and fears of US Rate Hike finally arriving in Dec-15… My major activity in Q415 was collecting dividends… which helped to reduce my losses to <2% for the year….

For Q116, I’m hoping to become more active once I get re-attuned back to the market. With rate hike having become a reality and the weak Singapore economic outlook, it’s going to be a challenge… I’ll likely focus on REITs (refer to talkstock blog as I’ll be adding to the tables which’d appeared to show a 2-year cycle) & Yield Stocks (better able to recover from economic shocks).

 
 

Portfolio Changes (vs Q315)

  • New Additions : Singtel, SingPost, OCBC
  • Increases : M1, Kingsmen, FCOT, ARA
  • Decreases : UMS, KIT, SMRT, IREIT, UOB
  • No Change : Starhub, King Wan, F&N, Genting 
  • No More : —

 
 

Exchange Rates (for 2015)

  • IDR (Indonesia Rupiah) -4.13% : LMIR – Weak for 9M before recovering somewhat in Q4.
  • AUD (Australia $) -4.71% : AusNet, A-Htrust, Singtel – May have bottomed after it hit below 1:1
  • JPY (Japanese Yen) +5.81% : Saizen – Positive for the year. Saizen have received an offer for their assets