Thursday, October 31, 2013

My Investment Portfolio (October 2013)

STI closed at around 3210 points by the end of October 2013. Although it seems that STI had gained some ground this month as the US government shutdown issue had been deferred further, it is really a bad month for retail investors in Singapore. This is because of the meltdown of the penny stock segment of the market, mainly due to the trading curbs imposed by broking firms on the now infamous trio of designated counters. Chaos were witnessed by me personally at the cashier of a broking house, where investors have to queue to place cash upfront in order to buy those designated stocks. Contra losses were aplenty, with punters trying their luck again at these speculative counters even after their designated status were lifted. It had been an eye opening experience for me indeed as a full-time investor.

For this month, I have attended the following AGMs/EGMs/briefings - VARD Holdings, Cacola, Oxley, CH Offshore, Hai Leck, ASL Marine, Boardroom, K1 Ventures, China Yuanbang, Spindex, Chosen, Micro-Mechanics, GRP, Westminster Travel, Goodpack and FJ Benjamin.

For my top 30 holdings, Sarin Technologies is now my top holding after its good share price performance this month. Other major movers include UIS (which majority shareholder UOB and related parties wanted to initiate an EGM to liquidate the closed end fund), Superbowl (which Hiap Hoe is making a general offer to acquire the company) and Hiap Hoe (re-entered my top 30 holdings list after they made a general offer to acquire Superbowl, subjected to approval by shareholders of the company).

I have bought the following companies from the market this month - Chosen, GP Batteries, Hoe Leong, IFS, LC Developments, Lion AsiaPac, Singapore Reinsurance, Tat Seng and Zagro Asia. There is no sale done this month.

I have accepted the following voluntary delisting/cash offers this month - Armstrong and Superior Multi-Packaging. I have also participated in the following scrip dividend scheme - Freight Links.

I have subscribed to the following rights issues - Grand Banks, ISDN and Xpress.

November 2013 is expected to be a quiet month for me, except for a few EGMs and AGMs for companies with financial year ending July/August 2013. I will seek to re-invest some of those proceeds from Armstrong and Superior Multi-Packaging delisting. I will also attempt to take a closer look at my portfolio and catch up with some readings of investment books and periodicals.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 October 2013)

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

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 Australia Stock Portfolio
1. GPS Alliance Holdings Limited

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Greatronic Limited
4. General Magnetics
5. Fastech Synergy
6. Beauty China- Under Liquidation
7. Memory Devices
8. Jurong Tech - In liquidation - Compulsory winding up (Insolvency)
9. FM Holdings
10. Japan Land - In liquidation - Members' voluntary winding up
11. Zhonghui - In liquidation - Compulsory winding up (Insolvency)
12. FerroChina - Under Liquidation
13. FirstLink Investments
14. NEL Group
15. KXD Digital Entertainment - In liquidation - Compulsory winding up (Insolvency)
16. Shanghai Asia Holdings - In liquidation - Members' voluntary winding up
17. Jets Technics

My Unit Trust Portfolio:


Thursday, October 24, 2013

The UIS Story - The End Game?

The UIS story first appeared in this blog at the following link:

A few years had passed and the majority shareholders request to liquidate the fund:

Is this the end game for UIS? Will minorities support the liquidation? Will it be able to liquidate close to NAV, considering there are other liabilities to take care of like liquidation costs, taxes etc? I do hope that patient long term investors of UIS will participate in the end game. As for me, it had been a long ride with UIS and it had been a steady top 30 holdings stock for me. An unsung hero that will never get noticed by me most of the time as I look through my holdings, but I always know that there will be a time when its value will be unlocked and discovered.

Maybe it is coming soon..............



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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