Saturday, January 31, 2009

My Investment Portfolio (January 2009)

I had been busy with rights issues this month, and therefore there had not been much purchases from the market. I have subscribed for Penguin, Popular, Ellipsiz, Soup Restaurant and DBS rights issues this month. As a result, DBS had appeared in my top 30 holdings list for the first time since this portfolio had been started. I do find value in the banks during the current financial crisis, and I will slowly revert them back from my underweight position to neutral.

I have converted my Elite KSB company warrants into shares, paying an exercise price of 5 cents per share. Also, I have accepted the delisting offer for my Hiap Moh shares. The proceeds will come in next month.

For next month, I will subscribe for A-REIT Preferential share offering. I will also convert my Singapura Finance company warrants into shares. The exercise price is $1 per share. There are also few other rights issues on my table, and I will review them this month and decide how much shares I wish to take up.

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

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

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)
2. CapitaMall Trust
3. Keppel Corp
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:


Friday, January 02, 2009

The Year Ahead - Review/Reflections for 2008 and Investment Strategy for 2009

I have done some review and reflections during the last two weeks of 2008 as I prepare for my investment journey in 2009. Basically, 2008 had been a bad year for investors out there and I do have my fair share of critics as can be seen from some of the postings here in the "comments" section of this blog. However, I believe in long term consistent investment approach and I will not be affected by short term market movements. I believe consistency in investment approach is very important. And an investment approach one adopts must suit his character, time-constraint and experience.

For me, it is very simple long term diversification (i.e. stock and time diversification) approach to investing. I am not trained in finance or accountancy and therefore I do not claim that I am an expert in analyzing companies. So, my apologies if readers felt that I did not do any in-depth analysis on any company in my portfolio. However, readers can still refer to some of those excellent links that I have put out here on the left of my blog for some of those sites/blogs out there with some good analysis on companies.

Though I like some companies more than the others, I still choose to diversify across most companies listed on SGX, with an overweight in some companies which I feel that will do better than the others. But that doesn't mean that I will not buy companies that I do not like, as valuations might be cheap for me to take the plunge. Granted, some companies in my portfolio might fail if I adopt this approach, but the probabilities are higher this way as I won't miss out multi-baggers as well.

So much for the review, so what's next in 2009? Firstly, I won't change my investment approach as stated above. As I am a working professional, I do not have much time to devote to investment as my day job is not related to investment, accountancy or finance. Secondly, no matter how the market does in 2009, I will still follow through my investment plan and stay almost 100% invested at all times. Thirdly, I will try to attend more AGMs to find out more about the companies that I have invested in, especially those in my top holdings. Lastly, I will try to keep some spare cash for more rights issue in 2009, as companies began to raise funds through equity as debt is no longer cheap. But that doesn't mean that I will subscribe to every rights issue as they come along, as I will review each of them on their own merits on a case by case basis.

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A self-directed investor, looking to invest for retirement needs and bypass all those expensive financial planners/insurance agents. Investing is fun, profitable or most important of all, knowledge gained is useful for the rest of your life!

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