|
No.
|
Counters
|
No. of
Shares |
Market
Price (SGD) |
Total
Value (SGD) based on market price |
Allocation
% |
|
1.
|
Vicom
|
27,000
|
6.05
|
163,350.00
|
24.0%
|
|
2.
|
Frasers Logistic Trust
|
126,000
|
1.05
|
132,300.00
|
20.0%
|
|
3.
|
M1
|
75,000
|
1.68
|
126,000.00
|
19.0%
|
|
4.
|
Far East Hospitality Trust
|
125,000
|
0.65
|
81,250.00
|
12.0%
|
|
5.
|
Ho Bee Land
|
30,000
|
2.45
|
73,500.00
|
11.0%
|
|
6.
|
Starhill Reit
|
100,000
|
0.68
|
68,000.00
|
10.0%
|
|
7.
|
Singtel
|
8,000
|
3.24
|
25,920.00
|
4.0%
|
|
8.
|
Warchest
|
–
|
–
|
1,000.00
|
1.0%
|
|
Total
|
671,320.00
|
100%
|
It is time for another update for the month as we move towards the half year mark, a half-time update to reflect upon how we did in our portfolio.
I’m currently on a 2 weeks break away from work to spend more time with my parents so I have quite a bit of time to blog these 2 weeks.
The big news this month is on the Kim-Trump Summit which will take place in a historic event on the 12th Jun.
I’ve been following the news quite closely to see what kind of outcome can they agree and compromise upon with one another.
This month’s portfolio did not see much changes.
I participated in the FLT rights offering which I blogged over here.
My entitlement was 14,500, together with my family’s which I then applied for an excess of 3,500 at a discounted price of $0.967.
I received 2,700 of those excesses which means it was in the money right away of about 10% return. Really a decent deal.
At a slightly higher than 7% yield, I think this is one Reit that I will keep for the long term as the Reits still continuing to grow.
I have also divested my Tuan Sing at about 10% loss after deciding to switch them to Singtel, which I bought at a trance of around $3.33. The decision was made as I am attempting to switch to a more yield portfolio than growth and it aligns with my strategy for the longer term.
Singtel (and the other telcos) continues to struggle and I should be adding to my position slowly each month with new capital injection.
I also participated in a very small bid towards the Astrea Bond which is immaterial to the portfolio, and will only know by next week. I have no plans to make this a big part of my portfolio but rather switching some emergency funds and warchest into a higher yield right now.
The number of companies remained at 7 equities at the moment, and I will be looking to gradually add this to 10 by the end of the year.
Net Worth Portfolio
The portfolio has increased from the previous month of $657,225 to $671,320 this month (+2.1% month on month; +10.0% year on year).
This is the fifth time in the six month this year that the portfolio is breaking a new all time record high. Most of the gains are due to the capital injection that I received from my dividends.
While it is at a new record high, I am rather disappointed that it has not done as well as I had expected and the year on year increase is getting a lot slower these few months.
The portfolio has year to date this year returned 0.92%, which has underperformed the STI at 2.85%, though I am very confident that by year end I’d be able to catch STI up by surprise.
Family Portfolio
This is to update the part of family’s portfolio which I managed together with mine.
The goal is to ensure the portfolio grow at a steady rate especially the children’s portfolio until they turned semi-adults, which I will then have it transferred to their own account.
1.) Wife’s Portfolio
She decided to reinvest the dividends received for the FLT back into the funds and I’ve allocated 500 shares for her portion.
|
No.
|
Counters
|
No. of
Shares |
Market
Price (SGD) |
Total
Value (SGD) based on market price |
Allocation
% |
|
1.
|
FLT
|
13,500
|
1.05
|
14,175.00
|
70.0%
|
|
2.
|
Sasseur
Reit |
8,000
|
0.77
|
6,160.00
|
30.0%
|
|
Total SGD
|
20,335.00
|
100.00%
|
2.) Baby B1.0 Portfolio (Age: 4 years and 2 months)
I have also reinvested the dividends received for FLT back into the funds for an additional 500 shares.
This is based on a very long term play so I believe the portfolio will grow together with FLT over time.
|
No.
|
Counters
|
No. of
Shares |
Market
Price (SGD) |
Total
Value (SGD) based on market price |
Allocation
% |
|
1.
|
FLT
|
13,500
|
1.05
|
14,175.00
|
86.0%
|
|
2.
|
Singtel
|
700
|
3.24
|
2,268.00
|
14.0%
|
|
Total SGD
|
16,443.00
|
100.00%
|
3.) Baby B2.0 Portfolio (Age: 1 year and 5 months)
Similarly, I’ve reinvested the dividends received back into the funds as I’ve allocated 200 shares to it.
|
No.
|
Counters
|
No. of
Shares |
Market
Price (SGD) |
Total
Value (SGD) based on market price |
Allocation
% |
|
1.
|
FLT
|
3,200
|
1.05
|
3,360.00
|
52.0%
|
|
2.
|
Singtel
|
1,000
|
3.24
|
3,240.00
|
48.0%
|
|
Total SGD
|
6,600.00
|
100.00%
|
4.) Mum’s Portfolio
For my mum’s portfolio, she prefers to take cash so I will be transferring $220 to her.
|
No.
|
Counters
|
No. of
Shares |
Market
Price (SGD) |
Total
Value (SGD) based on market price |
Allocation
% |
|
1.
|
FLT
|
6,000
|
1.05
|
6,300.00
|
100.0%
|
|
Total SGD
|
6,300.00
|
100.00%
|
Final Thoughts
The portfolio still continue to grow very slowly each month through sufficient capital injection, though the returns this year have not helped much.
I’m still confident that the second half of the year will be a lot better and the objective is to continue looking for dividend companies that has a relatively undervalued valuation.
The next upcoming dividend would be mostly in Aug or Sep, so the bulk of those income would be put to good use by then.
Meanwhile, it’s business as usual.
Thanks for reading.
If you like our articles, you may follow our Facebook Page here.
Hi B,
How nice to see you join me on the ever sinking SingTel ship! 😛 Looks like you had a similar FLT PO result to me, I assume the 2,700 units includes your family's share? They seem to have split it pretty evenly across all the excess applications.
Regards,
KK
Hi KK
Yeah indeed it seems like FLT did a pretty decent job in ensuring everyone gets a decent allotment of the excess even for those who just have 1,000 shares.
Good to see you having confidence in FLT as well.
Hi B,
I had increase my stake in Singtel a couple of months ago too. I am waiting to see how low it will continue to fall before adding more.
My reserve is not as deep as yours. =)
But I will be glad if it rises up to $3.8 level again and I can allocate my reserve elsewhere (eg Kepcorp)
Enjoy your break!
Hi MIM
As we speak, Singtel keeps making new lows, it looks like the opportunity will be there over the next few months, which I reckon will be good for long term investors happy with its yield to sit and wait for earnings to recover.
Any World Cup bets to share with us?
Hi B,
Had noticed that you are still holding on to M1. Mind to share your thought on it moving forward? Honestly I’m quite disappointed with the recent share price movement. My initial thought on M1 is that being the smallest telco in SG, it has room to grow and that’s the reason I was holding onto it since 2014 from 3.xx and now more than 30% loss. Sometimes I think I should just cut loss and buy into Singtel instead.
Hi B!
An amateurish question. May I ask where did you get the STI return to date value of 2.85%? Was googling around but can't seem to arrive at this figure.
HI B,
I have 13k units of Starhill and saw you have 100k, i am quite worried about starhill drop recently. Do you think starhill can still be trusted?
Hi,M1 drop a lot and keep droping, and seems nobody look good to it. Are you ever consider to sell it? You have any stop loss point？
Are you seeking for financial assistance of any kind? We are a private
loan firm that provides all types of loan/funding for all those who
desire for financial aid. If interested please give us a feedback with
loan amount needed and purpose for loan as well as repayment
period/time frame you require the loan.
Contact us for a loan via email [email protected]
Name
Amount
Duration
Country
State
Sex
Mobile#
Best Regards
Mr Ahmed Ibrahim
+918860675979
[email protected]
DAFS POINT PLAN MCX SELL ZINC BELOW 181 TARGET 180-179 SL 182
OUR FIRST TGT 180 ACHIEVED IN ZINC SELL CALL, BOOK PARTIAL PROFIT AND TRAIL SL AT COST
Stock Market Tips
Easily Boost Your ClickBank Banner Traffic And Commissions
Bannerizer made it easy for you to promote ClickBank products using banners, simply visit Bannerizer, and get the banner codes for your chosen ClickBank products or use the Universal ClickBank Banner Rotator to promote all of the available ClickBank products.
DO YOU NEED AN AFFORDABLE LOAN TODAY?
We have provided over $1 Billion in business loans to over 15,000 business owners just like you. We use our own designated risk technology to provide you with the right business loan so you can grow your business. Our services are fast and reliable, loans are approved within 24 hours of successful application. We offer loans from a minimum range of $10,000 to a maximum of $200 million.
Do you find yourself in a bit of trouble with unpaid bills and don’t know which way to go or where to turn? What about finding a reputable Debt Consolidation firm that can assist you in reducing monthly installment so that you will have affordable repayment options as well as room to breathe when it comes to the end of the month and bills need to get paid? Dr. Jayden Martin Home Loans is the answer. Reduce your payments to ease the strain on your monthly expenses. Email ([email protected]) Phone: +1 (929)277-5237
DO YOU NEED 100% FINANCE? we give out loans with an affordable interest rate of 2% JAYDEN MARTIN HOME LOANS, ([email protected]) aims is to provide Excellent Professional Financial Services.
Our services include the following:
*Truck Loans
* Personal Loans
* Debt consolidation loans
* Car Loans
* Business Loans
* Education Loans
* Mortgage
*Refinancing Loans
* Home Loans
We give you loan with a low interest rate of 2% and loan duration of 1 to 30 years to pay back the loan (secure and unsecured). Do not keep your financial problems to yourself in order for you not to be debt master or financial stress up, which is why you must contact us quickly for a solution to your financial problems. It will be a great joy to us when you are financially stable. Email ([email protected]) Phone: +1 (929)277-5237
NOTE:Bear in mind that it will only take less than 24 Hours to process your file is 100% Guaranteed no matter your Credit Score.
Yours Sincerely,
Dr. Jayden Martin
+1 (929)277-5237
We are certified and your privacy is 100% safe with us. Worry no more about your loans or finances.
Get your instant loan approval
Good day Sir/Madam,
This message is to inform you that MIKE MORGAN LOAN FINANCIER offer all types of
L0ANS @ 3% annual rate. Are you in need of financing of any type? Business,
Mortgage, Personal etc. Any interested Applicants should get back to US VIA
EMAIL: [email protected]
Call or add us on what's App +91-7428831341
HOW I GO MY DESIRED LOAN AMOUNT FROM A RELIABLE AND TRUSTED LOAN COMPANY LAST WEEK. Email for immediate response: [email protected] Call/Text: +1(415)630-7138 Whatsapp +19292227023
Hello everyone, My name is Mr.Justin Riley Johnson, I am from Texas, United State, am here to testify of how i got my loan from BENJAMIN LOAN INVESTMENTS FINANCE([email protected]) after i applied Two times from various loan lenders who claimed to be lenders right here this forum,i thought their lending where real and i applied but they never gave me loan until a friend of mine introduce me to {Dr.Benjamin Scarlet Owen} the C.E.O of BENJAMIN LOAN INVESTMENTS FINANCE who promised to help me with a loan of my desire and he really did as he promised without any form of delay, I never thought there are still reliable loan lenders until i met {Dr.Benjamin Scarlet Owen}, who really helped me with my loan and changed my life for the better. I don't know if you are in need of an urgent loan also, So feel free to contact Dr.Benjamin Scarlet Owen on his email address: [email protected] BENJAMIN LOAN INVESTMENTS FINANCE holds all of the information about how to obtain money quickly and painlessly via Whatsapp +19292227023 Email: [email protected] and consider all your financial problems tackled and solved. Share this to help a soul right now, Thanks
Do you need financing to renovate your house or to carry out your various projects? Fast and reliable in the short and long term at a rate of 3%. For more details: contact us directly by [email protected] WhatsApp +918929509036