Sunday, November 30, 2014

My Investment Portfolio (November 2014)

STI ended this month up to close at 3305 points.With fewer news on the corporate front as the year draws closer to the end, investors were mostly reacting to news on the economic front and oil price. Oil producers' cartel decision not to slash output resulted in many stocks related to the oil and gas industry having a bad month in terms of share price performance.

For this month, I have attended the following AGMs/EGMs/briefings - Sunningdale, MFS Tech, LippoMalls, Fraser Centrepoint, Straits Trading, Fung Choi, Keppel REIT, Keppel T&T, Khong Guan and TTJ.

For my top 30 holdings, Singapura Finance dropped out of the list as I have applied for the rights issue but those shares had not been credited yet. GK Goh moved quite a few places up as the stock benefited from the news that EuNetworks had been subjected to a general offer as it holds around 9% stake in the company. EnGro Corp is a new entry to the list as I also added more to the stock this month. OSIM International returned to the list due to share price recovery after being heavily sold down last month. Otherwise, there is no major movements in the list.    

I have bought the following companies from the market this month - AV Jennings, Bund Center, Design Studio, EnGro Corp, Hiap Hoe, Intraco, Isetan, Saizen REIT, Shangri-La Asia, Sinarmas Land, Singapore Reinsurance, Stamford Land and Yeo Hiap Seng. There is no sale done this month.

I have participated in the following scrip dividend schemes this month - Boardroom, First REIT, Frasers Commercial Trust, MapleTree Logistics Trust and United Overseas Australia. I have also accepted the following voluntary delisting/cash offers this month - Lee Kim Tah and CityBar Holdings (formerly known as St James Holdings).

I have participated in the following rights issue - Singapura Finance.

December will be a quiet month as there are not many AGMs/EGMs. Also, most fund managers will be going on holidays and therefore the market is expected to be quiet. Having said that, it is a good month to take stock of my holdings, review and reflect on 2014 before the year ends.
My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 November 2014)

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

Note: Singapura Finance rights shares not credited yet and Hour Glass share price is based on pre stock spilt.

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
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:



Blogger pukermon said...

How did you participate in the rights for Singapura Finance? When will they expire?

1:50 AM  
Blogger ghchua said...

Hi pukermon,

When I said that I participated in Singapura Finance rights issue, I meant that I have subscribed to the rights shares. There is no expiry date for those new shares if you have subscribed for it. The rights entitlements though, will expire after the rights issue closes if you didn't subscribe for the shares.

You will automatically be issued the rights entitlements if you are a shareholder of Singapura Finance at book close date before it goes ex-rights. You can apply for rights shares via ATM or the normal form with cashier's order attached.

Hope that the above helps to clarify.

6:51 PM  
Blogger Everlearning said...

Hi ghchua,

I have been plagued by the haze in the months of October and November. I developed sore eyes and throat, followed by occasional migraines. At times, I coughed out of the blue and "scared" people. Anyway, I wasn't feeling as bad as last year when the PSI was above 400.

December is a month of celebrating Christmas. It is a meaningful and joyful occasion that warms hearts.
Then, the countdown to a coming new year.

A blessed Christmas and a joyous New Year 2015 to you and your loved ones.

5:25 PM  
Blogger ghchua said...

Hi Everlearning,

As always, it is good to hear from you again.

Indeed, keeping healthy and free from illness is very important. I have my fair share of virus and bacteria infection this year which makes me weak and sick. Fortunately, I had been able to overcome them and come back stronger.

Wishing you and your family a Merry Christmas and a Happy 2015.

9:19 PM  
Blogger oradba168 said...

Keppel Corp price has fallen from $10 plus to $8 plus, probably due to the recent falling oil price.

Do you see that the Keppel Corp share price go back to the $10 plus zone in year 2015 ?

7:12 AM  
Blogger ghchua said...

Hi oradba168,

Your nickname reminds me of oracle database when I was working during my IT days! I had a nightmare trying to setup my Windows oracle client to connect to the oracle database server backend and creating tables.

Anyway, back to your question, I think you are asking me a million dollar question which I wish to have an answer. Obviously, Keppel Corp share price is closely related to oil price and nobody can tell where oil price will go. Personally, my view is that oil price will remain low for a while and it will take some time for it to go back to where they were before this downturn.

If you remember, oil price dropped to as low as US$40 some years back but Keppel Corp is still around today, which should give you comfort that when investing for long term, one should ignore short term market noises.

In fact, Keppel Corp has become more attractive after this round of correction as its dividend yield has become higher. The company have a good track record of paying dividends even when their earnings drop. Therefore, investors should seek comfort in that and also their other businesses in the company.

8:25 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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