My Investment Portfolio (October 2014)

STI ended this month down to close at almost the same level as last month. The market had been very volatile as it had to digest news from the economic front, Ebola outbreak updates, US Fed meeting decision etc. The fall in oil price also affected oil-related stocks. It seems that markets had been reacting to newsflow everyday rather than focusing on company fundamentals. Markets were down for most of the month until the last week when news of Bank of Japan stimulus package managed to drag STI back up to nearly the level at the close of last month.

For this month, I have attended the following AGMs/EGMs/briefings - Karin, St James, Top Global, GuocoLeisure, Ryobi Kiso, Saizen REIT, China Yuanbang, Chuan Hup, Sim Lian, Santak, LCD Global Investments, Hupsteel and Singapura Finance.

For my top 30 holdings, due to market volatility, there had been quite a few changes. OSIM International dropped out of the list after the company reported 3Q 2014 results that were below market expectations. Aspial is also out of the list after I sold down the stock this month. PNE Industries returned to the list after a small volume being done at a high price, thereby pushing up its closing price. Keppel T&T and OUE are new entries to the list after I accumulated these two stocks for the past few months.  

I have bought the following companies from the market this month - AP Oil, CFM, Frencken, GK Goh, Hanwell, Hiap Hoe, Hong Kong Land, Isetan, Keppel T&T, KSH, Lum Chang, Mandarin Oriental, Mun Siong, Popular, Saizen REIT, Singapore Reinsurance and Venture. I have reduced my stake in Aspial to partly fund some of these purchases.

I have participated in the following scrip dividend schemes this month - Aspial, Global Investments, OCBC and Vibrant Group. I have also converted the following company warrants to shares - GRP, Hai Leck and Nobel Design.

November will be a month whereby companies with financial year ending June 2014 will be paying dividends to shareholders. I will prudently re-invest those dividends back into the market. I will also reserve some funds for the upcoming Singapura Finance rights issue.
 
My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 October 2014)

Top 30 Holdings (Sing$ Denominated shares)
1. Sarine Technologies
2. United Engineers
3. Old Chang Kee
4. Jardine C&C
5. Haw Par  
6. Metro Holdings
7. Bukit Sembawang Estates
8. Hong Fok
9. Bonvests  
10. Hotel Grand Central
11. Hotel Properties
12. Hong Leong Finance 
13. SGX
14. Hotel Royal 
15. A-REIT
16. Straits Trading 
17. Hiap Hoe
18. Noble Group
19. Sing Investment & Finance 
20. Far East Orchard
21. ComfortDelgro 
22. PNE Industries
23. Singapura Finance  
24. The Hour Glass
25. GK Goh
26. CapitaMall Trust
27. VICOM
28. Isetan
29. Keppel T&T
30. OUE

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Dairy Farm
3. Mandarin Oriental
4. Hong Kong Land
5. Jardine Matheson

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
4. A-REIT
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. Jets Technics
17. UIS - In liquidation - Members' voluntary winding up
18. Guangzhao Industrial Forest - In liquidation - Compulsory winding up (Insolvency)
19. Hongwei Technologies Limited (In Provisional Liquidation)
20. FDS Networks Group
21. Aussino Group
22. Sunray Holdings

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

Company Warrants Expiring in 2014 - Actions Needed

I need to remind myself all the outstanding company warrants that are expiring in 2014 in my portfolio which I will need to take action. I will update this list accordingly as I go along so that I won't forget about them.

WEE HUR W140222, Expiry Date: 22 Feb 2014, Exercise price = $0.25, Conversion ratio 1:1 - Warrants exercised and converted to shares.
ASIATRAV W140717, Expiry Date: 17 July 2014, Exercise price = $0.245, Conversion ratio 1:1 - Warrants exercised and converted to shares.
GBLYELLOW140910, Expiry Date: 10 Sep 2014, Exercise price = $0.107, Conversion ratio 1:1 - Warrants expired worthless.
NOBEL DESW141021, Expiry Date: 21 Oct 2014, Exercise price = $0.23, Conversion ratio 1:1 - Warrants exercised and converted to shares.
TIH W170519, First Exercise Date: 19 Nov 2014, Exercise price = $1.28, Conversion ratio 1:1 - Warrants not exercised.

10 Years of Blogging

Dear all,

This blog is 10 years old! My first post for this blog was in 7th October 2004. How time files. What started out as a hobby in investment had transformed into a full-time adventure as a private investor for the past 3 years.

Blogs come and go, and this blog had become a record of my investment adventures for the past 10 years. It started out as a request from a forumer at sgfunds.com to disclose some of my stock investment and later become a regular monthly updates of my investment transactions in my portfolio.

Looking back 10 years ago at my top 20 holdings (yes, I only disclose my top 20 holdings back then), there is obviously some difference in those holdings. Some companies like Meiban, SPC, People's Food, First Engineering, WBL Corp, Unisteel, S'pore Food Industries etc had been taken private, some companies like China Aviation Oil, Tech Group (currently known as Sunningdale Tech), HTL International etc had fallen out of favour. But some companies like Noble Group, Comfort Delgro, OSIM, CapitaMall, SGX, Jardine C&C etc had withstand the test of time and remained in my top 30 holdings currently.

There had also been some robust debates in the comments section of this blog throughout these 10 years. I personally like to engage readers who leave comments on my postings. Memorable days include during the Global Financial Crisis where there had been readers posting in my blog almost everyday which I have debated robustly with them, defending my investment process. I would like to personally thank all those readers who have contributed in the comments section of this blog. Thanks for your comments, suggestions, encouragements etc for the past 10 years and I look forward to your continuous support.

Throughout these 10 years, though companies come and go and there are many changes in the financial markets, I stay invested in the market just as I remained faithful to this blog. I still have the energy to continue blogging, though not as frequently as last time.

Hopefully, this blog will have many more years to go before I finally decided to call it a day.