Company Warrants Expiring in 2009 - Actions Needed

I need to remind myself all the outstanding company warrants that are expiring in 2009 in my portfolio which I will need to take action. I will update this list accordingly as I go along so that I won't forget about them.

ELITE KSBW090109, Expiry Date: 9 Jan 2009, Exercise price = $0.05, Conversion ratio 1:1 - Warrants exercised and converted to shares.
S'PURA F W090301, Expiry Date: 1 Mar 2009, Exercise price = $1, Conversion ratio 1:1 - Warrants exercised and converted to shares.
FRTLINKS W090303, Expiry Date: 3 Mar 2009, Exercise price = $0.05, Conversion ratio 1:1 - Warrants expired worthless.
TEE W090409, Expiry Date: 11 Apr 2009, Exercise price = $0.13, Conversion ratio 1:1 - Warrants exercised and converted to shares.
LEEDEN W090417, Expiry Date: 17 Apr 2009, Exercise price = $0.25, Conversion ratio 1:1 - Warrants exercised and converted to shares.
HOE LEONGW090530, Expiry Date: 30 May 2009,Exercise price = $0.16, Conversion ratio 1:1 - Warrants expired worthless.
DAYEN W090703, Expiry Date: 3 July 2009,Exercise price = $0.18, Conversion ratio 1:1 - Warrants expired worthless.
GOODPACK W090716, Expiry Date: 16 July 2009, Exercise price = $1.38, Conversion ratio 1:1 - No Action Taken Yet.
ENGKONG W091113, Expiry Date: 13 Nov 2009, Exercise price = $0.05, Conversion ratio 1:1 - No Action Taken Yet.
SHANGTUR W091120, Expiry Date: 20 Nov 2009, Exercise price = $0.32, Conversion ratio 1:1 - No Action Taken Yet.
ST JAMES W091224, Expiry Date: 24 Dec 2009, Exercise price = $0.075, Conversion ratio 1:1 - No Action Taken Yet.

My Investment Portfolio (June 2009)

The market is directionless this month and therefore there is not much to comment about. As for my portfolio, I have been subscribing to rights issues and therefore I have not added much from the open market.

Having said that, I did add onto my holdings in SingPost this month on price weakness. Therefore, it had appeared in my top 30 holdings list for the first time. SingPost is a cash generating business with good dividend yield. I am looking forward to collect their final dividend next month.

SP AusNet also appeared in my top 30 holdings for the first time as I have subscribed to its rights issue. Its retail tranche is surprisingly under-subscribed and therefore I got all my excess rights application filled. I have also continued my participation in their scrip dividend scheme.

Olam International is in my top 30 holdings this month mainly due to share price movement. I have not added onto Olam since my participation in their last rights issue on valuation ground.

Next month, I will be participating in a few rights issues, with NOL and Pacific Andes being the main ones. As usual, I will set aside some funds for these rights issues. Also, I will re-invest the dividends collected from my portfolio and my GST Credits into some good potential small cap stocks.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 June 2009)

Top 30 Holdings (Sing$ Denominated shares)
1. SGX
2. Raffles Education Corp
3. Noble Group
4. A-REIT
5. Jardine C&C
6. CapitaMall Trust
7. SembCorp Marine
8. CapitaLand
9. Bukit Sembawang Estates
10. Hersing
11. SPC
12. Cosco Corp
13. Hong Leong Finance
14. ComfortDelgro
15. Parkway Holdings
16. KepLand
17. Wheelock Properties
18. OCBC Bank
19. SingTel
20. Ascendas India Trust
21. Keppel Corp
22. KS Energy
23. Straits Trading
24. WBL Corp
25. SP AusNet
26. Olam International
27. VICOM
28. SingPost
29. Low Keng Huat
30. MTQ Corp

PS: F&N is halted today and therefore there is no transacted price

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Dairy Farm
3. Hong Kong Land
4. Jardine Matheson
5. Mandarin Oriental

Top Holdings (HK$ Denominated shares)
1. Tan Chong International
2. Fortune REIT

Top Holding (Aust$ Denominated shares)
1. AustLand PG

PS: There is no trade done today for AV Jennings

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
4. A-REIT
5. SingTel

My Hong Kong Stock Portfolio (listed on SEHK)
1. Peace Mark Holdings

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Greatronic Limited

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

Giving Back to My Alumni

One of the things I would like to do in future is to set up an endowment fund for the needy to pursue tertiary education. I am still not there yet, but I would do my part by increasing my contribution to NTU Annual Giving this year.

I am glad that my investment returns had been able to give me this kind of option which otherwise will not be available to me if I only stick to the pay of my miserable day job. Being a bursary fund holder for each of my three years in NTU, I can certainly relate to those undergraduates who came from low income families and struggle with increasing tuition fees and living expenses every year.

Investment is not only about returns, but also being able to make an impact in other people's life. I am glad that I am able to do so by investing prudently and living a simple life.
http://www3.ntu.edu.sg/DO
http://www3.ntu.edu.sg/DO/download/CampaignForAccessibilityToHigherEducation.pdf

While you are working hard for the next pay/promotion or busy with enjoying the "finer" things in life, do remember to take a step back and help those who are in need.

What meaningful stuff you have done (or planning to do) with your investment returns? Maybe you would like to share with ghchua under the comments section of this blog.

My Investment Portfolio (May 2009)

STI closes above 2300 points during the last trading day of this month, with the economy still haven't showing good signs of sustainable recovery. Already, we have seen stocks rebounding strongly from their all-time lows, with some even gaining more than 100% from the bottom. Which is why staying invested throughout market cycles and consistently re-investing back into the market with spare cash every month regardless of short term market movements paid off in the long run. This is because one do not want to miss out on opportunity cost of not staying invested. Just have a plan, stick through it, diversify your portfolio and buy with a good margin of safety.

This month had been a dividend month as I have received dividends from a lot of my companies in my portfolio with financial year ending December 2008. Those dividends had been re-invested back into the market via rights issue, purchases from the market and also scrip dividend scheme. I have subscribed to Transpac Industrial Holdings, Saizen REIT and Serial Systems rights issues this month. I have also reserved some funds for the upcoming WBL Corp, KepLand, SP Ausnet and CapitaCommercial Trust rights issues. For purchases from the market, I have mostly added onto my current holdings. The changes in my top 30 holdings this month are mainly due to market price movements, with SPC among the big gainers due to the takeover announcement from PetroChina.

Looking forward, with stocks having rallied above lows, stock picks will become more critical. I will utilize more value investment technique rather than growth to pick stocks. Value can now found in the mid/small cap segment of the market, and patience is needed to buy them at decent valuation.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 May 2009)

Top 30 Holdings (Sing$ Denominated shares)
1. SGX
2. Raffles Education Corp
3. Noble Group
4. F&N
5. A-REIT
6. SembCorp Marine
7. CapitaMall Trust
8. CapitaLand
9. Jardine C&C
10. Bukit Sembawang Estates
11. Hersing
12. SPC
13. Cosco Corp
14. ComfortDelgro
15. Hong Leong Finance
16. Wheelock Properties
17. OCBC Bank
18. Parkway Holdings
19. KS Energy
20. Keppel Corp
21. Ascendas India Trust
22. SingTel
23. Straits Trading
24. Low Keng Huat
25. Jaya Holdings
26. WBL Corp
27. Pacific Andes Holdings
28. VICOM
29. City Developments
30. UOL

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Dairy Farm
3. Hong Kong Land
4. Jardine Matheson
5. Mandarin Oriental

Top Holdings (HK$ Denominated shares)
1. Tan Chong International
2. Fortune REIT

Top Holding (Aust$ Denominated shares)
1. AV Jennings
2. AustLand PG

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
4. A-REIT
5. SingTel

My Hong Kong Stock Portfolio (listed on SEHK)
1. Peace Mark Holdings

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Greatronic Limited

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

My Investment Portfolio (April 2009)

STI had a good run today to close the month at above 1900 points. Again, we have the usual concerns this month about unemployment rate, economy, credit default and now the latest - swine flu. It looks like I am becoming a "broken recorder" every month but I wish to repeat again - Stay invested for long term and ignore short term noises. Have a diversified portfolio and buy with a margin of safety.

For this month, I have participated in Craft Print, Global Voice, Mirach Energy and Sing Holdings rights issues. These are stocks which are not in my top holdings but nevertheless, they form part of my diversified portfolio. I have also converted my Leeden warrants to shares and purchased some good potential mid/small cap stocks this month.

For M&A activities, I have accepted the delisting offer for my AGVA shares as shareholders have approved the delisting resolution.

Next month, I will have quite a bit of cash to invest due to the dividend payouts from companies having financial year ending 31 December 2008. I will subscribe to Transpac Industrial Holdings, WBL and Keppel Land rights issues. These are big ones and I will reserve some cash for them. I will also be looking to re-invest those dividends collected back into my portfolio.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 April 2009)

Top 30 Holdings (Sing$ Denominated shares)
1. SGX
2. Raffles Education Corp
3. Noble Group
4. A-REIT
5. CapitaMall Trust
6. F&N
7. Jardine C&C
8. SembCorp Marine
9. ComfortDelgro
10. CapitaLand
11. Bukit Sembawang Estates
12. Cosco Corp
13. Hong Leong Finance
14. OCBC Bank
15. Parkway Holdings
16. ST Engineering
17. Keppel Corp
18. SingTel
19. WBL Corp
20. SPC
21. Wheelock Properties
22. Ascendas India Trust
23. VICOM
24. Straits Trading
25. SBS Transit
26. SMRT
27. Isetan
28. Cerebos Pacific
29. Low Keng Huat
30. KS Energy

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Dairy Farm
3. Hong Kong Land
4. Jardine Matheson
5. Mandarin Oriental

Top Holdings (HK$ Denominated shares)
1. Tan Chong International
2. Fortune REIT

Top Holding (Aust$ Denominated shares)
1. AV Jennings
2. AustLand PG

Top 5 Holdings (CPF OA investment)
1. Streettracks STI ETF
2. Keppel Corp
3. CapitaMall Trust
4. A-REIT
5. SingTel

My Hong Kong Stock Portfolio (listed on SEHK)
1. Peace Mark Holdings

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Greatronic Limited

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

My Investment Portfolio (March 2009)

This month had been another volatile month as investors couldn't make up their mind whether the economy had seen the worst or there is further downside. As usual, as a long term investor, I ignore all these noises in the market and continue to hold onto my stocks and build my investment portfolio.

During this month, I have invested my funds into a few small caps and also added more funds into stockbroker UOB Kay Hian. I have also converted my Tee International warrants to shares and subscribed to CapitaLand, CapitaMall Trust, OSIM International, KSH Holdings and Bukit Sembawang Estates rights issues.

I have accepted the takeover offer by SATS for Singapore Food Industries (i.e. SFI). The proceeds from SFI had been re-invested into a few rights issues as mentioned above. I have also accepted the exit offer for unlisted JK Tech Investment in exchange for St James shares and warrants.

S-chip stocks got sold down badly this month as there are bad news all around with corporate scandals, account receiveables/working capital problems etc hitting a few listed S-chips. I remain underweight in S-chips in my portfolio as these high risk stocks are not for the faint-hearted.

After being my top holding for quite sometime, Raffles Education finally failed to hold onto its first position in my portfolio after being sold down this month due to its exposure to troubled S-chip Oriental Century.

Going forward, I will continue to invest prudently, but with limited cash since there will not be much dividend payout to look forward to in April.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 March 2009)

Top 30 Holdings (Sing$ Denominated shares)
1. SGX
2. Raffles Education Corp
3. Noble Group
4. A-REIT
5. F&N
6. ComfortDelgro
7. Jardine C&C
8. SembCorp Marine
9. CapitaLand
10. WBL Corp
11. Cosco Corp
12. Hong Leong Finance
13. SingTel
14. Parkway Holdings
15. ST Engineering
16. SBS Transit
17. Ascendas India Trust
18. Straits Trading
19. SMRT
20. CapitaMall Trust (Note: As at 31 March 2009, the rights shares had not been credited yet and therefore will not updated in the top holdings list for this month)
21. Keppel Corp
22. Viz Branz
23. OCBC Bank
24. SPC
25. Wheelock Properties
26. CitySpring Infrastructure Trust
27. KS Energy
28. MTQ Corp
29. DBS Group Holdings
30. Parkway Life REIT

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Dairy Farm
3. Hong Kong Land
4. Jardine Matheson
5. Mandarin Oriental

Top Holdings (HK$ Denominated shares)
1. Tan Chong International
2. Fortune REIT

Top Holding (Aust$ Denominated shares)
1. AV Jennings
2. AustLand PG

Top 5 Holdings (CPF OA investment)
1. Streettracks STI ETF
2. Keppel Corp
3. CapitaMall Trust (Note: As at 31 March 2009, the rights shares had not been credited yet and therefore will not updated in the top holdings list for this month)
4. A-REIT
5. SingTel

My Hong Kong Stock Portfolio (listed on SEHK)
1. Peace Mark Holdings

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Greatronic Limited

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

My Investment Portfolio (February 2009)

This month had been another month of volatility, but I have not been buying from the market actively. Part of the reason is because of the rights issues that I have subscribed this month. I have subscribed for A-REIT, Hartawan, HG Metal and Metax rights issues. Of particular concern is the A-REIT preferential rights issue, whereby I hold this counter in my cash and CPF Investment Account. I received the letter from my CPF agent bank quite late and I did not have enough time to response. Therefore, I apply for excess rights shares at the ATM using cash to make up for the "loss" of shares in my CPF Investment Account. That outlay had effectively moved A-REIT a few positions up in my top 30 cash holdings. I have learnt my lesson and will preserve more cash for the upcoming CapitaMall Trust rights issue just in case the same thing happens again.

I have also subscribed to the initial public offer of DBS STI ETF this month.

SATS had secured more than 85% of Singapore Food Industries. Looks like the offer will go through and I will be accepting the offer once it hits 90%.

Going forward, I will preserve some cash for some upcoming rights issues in March. I have received some dividend payouts from REITs and shipping trusts for quarter ending December 2008 in end February 2009. I will also look out for more opportunities to re-invest those dividends back into the market.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 28 February 2009)

Top 30 Holdings (Sing$ Denominated shares)
1. Raffles Education Corp
2. SGX
3. A-REIT
4. Noble Group
5. F&N
6. ComfortDelgro
7. SembCorp Marine
8. Jardine C&C
9. Hong Leong Finance
10. Singapore Food Industries
11. Viz Branz
12. SingTel
13. CapitaMall Trust
14. Cosco Corp
15. ST Engineering
16. Straits Trading
17. SMRT
18. Parkway Holdings
19. Ascendas India Trust
20. OCBC Bank
21. Isetan
22. Wheelock Properties
23. SPC
24. Keppel Corp
25. Cerebos Pacific
26. CitySpring Infrastructure Trust
27. MTQ Corp
28. KS Energy
29. Singapura Finance
30. Parkway Life REIT

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Dairy Farm
3. Hong Kong Land
4. Jardine Matheson
5. Mandarin Oriental

Top Holdings (HK$ Denominated shares)
1. Tan Chong International
2. Fortune REIT

Top Holding (Aust$ Denominated shares)
1. AV Jennings
2. AustLand PG

Top 5 Holdings (CPF OA investment)
1. Streettracks STI ETF
2. Keppel Corp
3. CapitaMall Trust
4. A-REIT
5. SingTel

My Hong Kong Stock Portfolio (listed on SEHK)
1. Peace Mark Holdings

My Unlisted Company Portfolio
1. JK Tech Investment
2. Automated Touchstone Machines Ltd
3. Iconic Global Limited
4. Greatronic Limited

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199