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Friday, October 29, 2010

My Investment Portfolio (October 2010)

STI gained further ground this month as it closed above 3100 points. However, due to the lack of corporate results this month, most of the attention had been focused on IPOs, in particular mega ones like GLP and MapleTree Industrial Trust. I didn't participate in any of these IPOs though as I have decided to focus my attention on purchasing value stocks for my portfolio in order to position it more defensively as the market continues to scale new heights.

For my top 30 stock holdings, there are not much changes this month except for a new entry - Ascott REIT. I have added to it due to its rights issue and I have also applied and allocated some excess rights shares as well. I am quite familar with the Ascott brand as I was a former shareholder of Ascott Holdings before it was taken private by CapitaLand. Its rights subscription price was attractive and I like its portfolio of service residences.

For this month, I have accepted the delisting offer for Hyflux Water Trust as its delisting resolution had been approved by unitholders. The proceeds from the delisting offer will come in handy for some rights issues next month. I have also participated in the following scrip dividend schemes - DBS, Jardine Strategic, UOB and United Overseas Australia.

I have bought the following companies from the open market this month - Allgreen Properties, Aspial, Bright World, Chosen, Hong Fok, Hotel Royal, Kian Ho, Koh Brothers, Lion Teck Chiang, MCL Land, MI Tech, Nobel Design, PCA Tech, PSC Corp, Sing Holdings, Singapore Reinsurance Corp, Superbowl and Tye Soon. I have also subscribed to the following preferential/rights issues - AIMSAMP REIT, China Healthcare, Ezra Holdings, Federal, MapleTree Logistics Trust and Sinwa.

I have converted the following compay warrants to shares - Asia Water, EcoWise, Ellipsiz, Hai Leck, Tee International and Viking Offshore And Marine. I have also attended three AGMs this month - Singapura Finance, HMI and Creative Technology.

With only two months to go for this year, I guess I have more or less met the objectives set out at the start of the year - i.e. position my portfolio more defensively and add onto it consistently every month regardless of market movements. So far, I have done only one sell trade for this year and that can be said to be a "forced" one as Sunway International was delisted from SGX without an exit offer. Other than that, I have more or less stick to my strategy. I do not forsee much changes to this strategy for the remaining two months of the year.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 29 October 2010)

Top 30 Holdings (Sing$ Denominated shares)
1. Noble Group
2. SGX
3. Jardine C&C
4. F&N
5. SembCorp Marine
6. A-REIT
7. KepLand
8. CapitaMall Trust
9. Bukit Sembawang Estates
10. Hersing
11. Viz Branz
12. Cosco Corp
13. K-REIT Asia
14. CapitaLand
15. Transpac Industrial Holdings
16. CapitaCommercial Trust
17. CDL H-Trust
18. OSIM International
19. Wheelock Properties
20. CitySpring Infrastructure Trust
21. Raffles Education Corp
22. Pacific Andes
23. Genting Singapore PLC
24. Low Keng Huat
25. Ascott REIT
26. Ascendas India Trust
27. Hong Leong Finance
28. Keppel Corp
29. OCBC Bank
30. ComfortDelgro

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. Fortune REIT
2. Tan Chong International

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
4. China Printing & Dyeing Holdings
5. General Magnetics
6. Fastech Synergy
7. Beauty China
8. Memory Devices
9. Jurong Tech
10. FM Holdings

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

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4 Comments:

Blogger TopTrader said...

could not understand why you have bot so many counters, good and bad.

You'll be better off to buy STI ETF only.

9:13 PM  
Blogger ghchua said...

Hi TopTrader,

As I've said before, STI only consists of 30 large cap stocks traded on SGX. I am interested in all segments of the market, and not only the big cap stocks. Which is why I am buying counters across the board. A bad stock can be a good one if I buy them cheap. Similarly, a good stock can be a bad one if I bought them at an expensive price.

9:35 PM  
Blogger bangkok said...

Hi, I see that you have Peace Mark shares in your portfolio. What's going on with them, do you know? Shares suspended for 2 years? Are they a total write-off?

3:01 AM  
Blogger ghchua said...

Hi bangkok,

Peace Mark is now in the hands of provisional liquidators. I guess since there is no restructuring effort to date, the liquidators might have to start selling off the assets of the company to pay off its creditors. The remaining monies (if any) will be distributed to shareholders.

I don't forsee there is any money left for shareholders. Yes, you can consider the company as a total write-off at this moment.

http://www.hkexnews.hk/listedco/listconews/sehk/20101112/LTN20101112769.pdf

5:59 PM  

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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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