My Investment Portfolio (August 2008)

This month had been a month of purchases for me. This is because I have some cash. They are mainly the proceeds from Pokka Corporation (S'pore) Ltd shares after accepting the offer from Pokka Corporation. Although the final offer price is still not very attractive, I am left with no choice because Pokka Corporation had already secured more than 90% of Pokka Corporation (S'pore) Ltd. Also, there is some cash flow from the dividends from my holdings, mainly from REITs and shipping trusts.

I have re-invest the proceeds into companies outside my top 30 shareholding list. This is because they are mainly small/mid cap stocks which had been sold down badly due to the current global credit crisis. I felt that most of them had been "unfairly punished" as they are still generating good operating cash flow and paying dividends. I hope that one day, the market will be able to recognize their value and they will be in my future top 30 shareholdings list.

I have also subscribed to Lee Metal rights issue. As usual, I hope to get some excess rights warrants. :)

For the coming month, I will be subscribing to Metro rights issue. I will also be looking into investing my dividends slowly back into the market to take advantage of further market weakness. I will also be looking for opportunities to re-invest my expected proceeds from Unisteel Technology delisting via scheme of arrangement.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 August 2008)

Top 30 Holdings (Sing$ Denominated shares)
1. Raffles Education Corp
2. Noble Group
3. SGX
4. F&N
5. SembCorp Marine
6. Cosco Corp
7. A-REIT
8. Jardine C&C
9. Unisteel Technology
10. Jaya Holdings
11. Parkway Holdings
12. Hersing
13. CapitaMall Trust
14. ComfortDelgro
15. Keppel Corp
16. KS Energy
17. SPC
18. Straits Trading
19. Food Empire
20. Bukit Sembawang Estates
21. CapitaLand
22. Mermaid Maritime
23. Wheelock Properties
24. SembCorp Industries
25. Keppel Land
26. CitySpring Intrastructure Trust
27. Eng Wah Organization
28. K-REIT
29. Cerebos Pacific
30. SingTel

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

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

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

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

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

My Unlisted Company Portfolio
1. JK Tech Investment

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

My Investment Portfolio (July 2008)

July was another quiet month, with not much for me to write about. Having said that, a few takeover offers were announced. I have accepted the takeover offer for SNP and delisting offer for Transmarco. I am still holding onto my Pokka Corporation (S'pore) Ltd shares despite offeror Pokka Corporation extending the offer deadline and holding around 87% of the shares on last count. I will fight till my last "soldier" to resist the offer. Hope that other minorities will hold out as well to keep Pokka Corporation (S'pore) Ltd listed. The future prospects of Pokka Corporation (S'pore) Ltd is certainly bright and the 66cts offer from Pokka Corporation is a raw deal in my view.

Unisteel Technology is also slated for delisting after shareholders approved the scheme of arrangment.

I have also subscribed for Lorenzo and Hiap Hoe rights issues. Got some excess rights shares as well. :)

For the coming month, I certainly have some cash to invest, having accepted two offers. I will subscribe for MapleTree Logistics rights issue, while the remaining cash will be re-invested back into the market. I will identify some targets to buy into. There is no hurry for me to utilize all the available cash holdings as the market is weak and I can take my time to invest slowly but surely into the market. There are certainly many bargains available to be picked.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 1 August 2008)

Top 30 Holdings (Sing$ Denominated shares)
1. Raffles Education Corp
2. Noble Group
3. Cosco Corp
4. SGX
5. SembCorp Marine
6. F&N
7. A-REIT
8. Jaya Holdings
9. Hersing
10. Unisteel Technology
11. Jardine C&C
12. KS Energy
13. CapitaMall Trust
14. Keppel Corp
15. SPC
16. ComfortDelgro
17. Parkway Holdings
18. CapitaLand
19. Straits Trading
20. Bukit Sembawang Estates
21. Food Empire
22. Wheelock Properties
23. Keppel Land
24. K-REIT
25. SembCorp Industries
26. Pacific Andes
27. CitySpring Intrastructure Trust
28. Eng Wah Organization
29. VICOM
30. Cerebos Pacific

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

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

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

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

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

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