Sunday, March 31, 2013

My Investment Portfolio (March 2013)

STI gained further ground in March 2013 to close at 3308 points. This despite news of financial turmoil in Cyprus and North-South Korean tensions. However, markets do end in the lower trading range at the end of the last week in March.

For this month, I have attended the following AGMs/EGMs/briefings - MIIF, Datapulse, United Engineers, QianHu, Sakae Holdings, China Fishery, GP Industries, Sinwa, YHM and Gallent Venture.

For my top 30 holdings, Hotel Grand Central re-entered the list after a good run. I have also added more onto the stock as I felt that it is still undervalued. First REIT also re-entered the list as investors like their latest purchase of hospitals. Another big mover was Low Keng Huat, ahead of their full-year result announcement.  

I have bought the following companies from the market this month - Asia Enterprises, BBR Holdings, Chew's Group, EnGro Corp, GK Goh, Ho Bee, Hotel Grand Central, Hong Fok, Keppel T&T and UOB KayHian. There is no sale done this month.

I have accepted the following voluntary delisting/cash offers - PCA Tech. I have also subscribed to the following rights issues - Albedo, Aspial, KS Energy and Federal.

For next month, most companies with financial year ending 31 December 2012 will conduct their AGMs. I will try to attend as many of them as possible, though it seems to be an uphill task as the annual reports might not arrive in time for me to at least go through them. Nevertheless, I will try to do as much work as possible before attending those meetings. As such, I do not expect much activities from me in the market, though there are some rights issues which I planned to take up with the PCA Tech proceeds.
My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 28 March 2013)

Top 30 Holdings (Sing$ Denominated shares)
1. F&N
2. Jardine C&C
3. Bukit Sembawang Estates 
4. Viz Branz
5. A-REIT 
6. SGX
7. United Engineers
8. Sing Investment & Finance
9. Sarin Technologies  
10. Aspial
11. Noble Group 
12. Guthrie GTS
13. Metro Holdings
14. UIS
15. CapitaMall Trust
16. SembCorp Marine
17. Far East Orchard
18. OSIM International
19. The Hour Glass
20. Haw Par   
21. Low Keng Huat  
22. Bonvests
23. Old Chang Kee
24. Hong Leong Finance     
25. Hotel Grand Central
26. KepLand
28. Fragrance Group
29. First REIT
30. SP AusNet

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 Holdings (Aust$ Denominated shares)
1. AV Jennings

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
5. Challenger Technologies

My Hong Kong Stock Portfolio
1. Peace Mark Holdings - Under Voluntary Liquidation

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Greatronic Limited
4. China Printing & Dyeing Holdings - Under Liquidation
5. General Magnetics
6. Fastech Synergy
7. Beauty China- Under Liquidation
8. Memory Devices
9. Jurong Tech
10. FM Holdings
11. Japan Land - Under Members' Voluntary Liquidation
12. Zhonghui - Under Judicial Management
13. FerroChina - Under Liquidation
14. FirstLink Investments
15. NEL Group
16. LMA - Under Liquidation

My Unit Trust Portfolio:



Blogger edragon said...

Hi GH,

For Japan UT, you have invested in DBS Japan Growth and recently increased $500 or 10%. What is your reason to choose DBS Japan Growth instead of CPF approved two UTs from Lion and Nikko respectively.


6:56 PM  
Blogger ghchua said...

Hi Ed,

DBS Japan Growth Fund is actually Nikko Japan Growth Fund. DBS Asset Management had been taken over by Nikko. I bought the fund many years back when it was known as DBS Japan Growth Fund. Hope that it clarifies.

4:35 AM  
Blogger edragon said...

Hi GH,

Thank you for your reply.

BTW, which AGM have you decided to go.

Any of these? CES, Vard, HLA, DBS, Pan Pac, Wheelock, Pan U, Fragrance, Sing Hldg, Midas, Cache, GEH, CapitallsAsia, Jason Parquet, CAO, Suntec.


5:52 PM  
Blogger ghchua said...

Hi Ed,

Fragrance AGM already over. I am not a shareholder of Jason Parquet.

I have not confirm which AGMs to go yet as there are a lot of them holding on the same day. But the one that I have confirmed attending is Sing Hldg, which falls on this week. For those AGMs next week and the week after next, I guess I would have to make a decision only after finishing reading the annual reports.

4:08 AM  
Blogger T Y Jonathan said...

Hi GH,

I just started a blog http://sgreits.blogspot.sg/. As I am very new to this, could you please kindly give me some advice?

Thanks lot!


9:04 AM  
Blogger Guru said...

hi Mr Chua, will you be attending the agm for guthrie GTS?
let me know as i will be planning to attend, good to find kaki, cheers

1:45 AM  
Anonymous Anonymous said...

mr chua, what is yr full name?

7:03 AM  
Anonymous Anonymous said...

mr chua..the truth is it is very hard to become rich through investing if u have a small capital base.

8:39 AM  
Blogger ghchua said...

Hi Guru,

I have attended Guthrie GTS AGM. Sorry for the late notice as I had been busy with AGMs for the past few days and had not been monitoring my blog.

Hi jiaxu,

I don't think I would want to reveal my full name on public domain as I might not be comfortable doing that. However, if you wish to stay in touch with me, you can always drop me an email.

As for your comment on hard on becoming rich through investing with small capital base, I agree with you. But one has to start somewhere right? Therefore, starting out with a small capital base is ok, as long as you know what you are doing and not rush into it. Slowly build up your skill and knowledge base so that you can become a better investor as you go along. Investing is not only about returns, but also the process.

10:10 PM  
Blogger Guru said...

when i attended the recent guthrie agm, i realised i was probably the youngest person there. It was a good experience.
anyway seems like there will not be anymore AGM for guthrie soon.

are you accepting the voluntary offer for guthrie?
what are your views of LKH as a company?

8:37 PM  
Blogger Guru said...

i would like to touch base with you on investment in stocks, can i have your email contact? my email address is kelvin.ng1237@gmail.com

9:22 PM  
Blogger ghchua said...

Hi Guru,

Looking at the assets, the RNAV of Guthrie should be more than $1. This is because their hotels and resorts are valued at cost less depreciation. Their main hotel asset is 427 room Pullman Jakarta. In fact, the hotel should worth more after upgrading to expand their meeting and convention facillities.

With Jurong Point conservatively valued, I think Guthrie should worth much more. I will hold onto my shares and not to accept their low ball offer and wait for their revised offer (if any) at a higher price.

I think LKH is an undervalued company, with more revenue to be recognized as their projects goes TOP. Also, their PL square retail side has yet to be realized as well. They also have potential to develop their Malaysian land bank at the right time.

I have already emailed you. Please check your mailbox.

7:49 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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