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