My Investment Portfolio (September 2009)

There is not much changes in my top 30 holdings list this month, probably due to the fact that markets had been less volatile lately after a sharp run-up since March. Value is now a little difficult to find, but there are still some good stocks to pick. Going forward, I will position my portfolio more defensively and also try to enter the market via rights issues so as to give myself a margin of safety to play with.

I have participated in a few rights issues this month - Rowsley, MAP Tech, GMGGL, Global Yellow Pages, Federal, China Sports and CitySpring Infrastructure Trust. Again, rights issues provided me a good chance to enter into these stocks at a discounted price from the market. This strategy is especially useful if the market is not undervalued.

I have also accepted the delisting offer from Keppel Land for my Evergro Properties shares. I have elected to receive the proceeds in Keppel Land shares so as to participate in any upside potential of Evergro Properties, though in a smaller exposure. This also saves me the headache of having to decide where to re-invest those proceeds back into the market.

Next month, there will be some more rights issues to subscribe to, the big ones being Fortune REIT and Genting Singapore. Again, I will possibly reserve most of my funds for rights issues, so there would be minimum purchase from the market.

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

Top 30 Holdings (Sing$ Denominated shares)
1. Noble Group
2. SGX
3. Raffles Education Corp
4. A-REIT
5. CapitaMall Trust
6. Jardine C&C
7. Bukit Sembawang Estates
8. F&N
9. SembCorp Marine
10. CapitaLand
11. ComfortDelgro
12. CitySpring Infrastructure Trust
13. Parkway Holdings
14. KepLand
15. Rotary Engineering
16. Tiong Woon Corporation
17. Cosco Corp
18. Hong Leong Finance
19. Wheelock Properties
20. Ascendas India Trust
21. CapitaCommercial Trust
22. Low Keng Huat
23. Pacific Andes
24. OCBC Bank
25. Keppel Corp
26. WBL Corp
27. CDL H-Trust
28. SP AusNet
29. SingTel
30. Ho Bee Investment

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
2. 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