My Investment Portfolio (March 2021)
STI ended this month at around 3165 points, closing around 8% above last month. Approval of another round of US stimulus package had cheered the market but concerns on raising US Treasury yields had capped further upside, especially for tech stocks. Value stocks continued to outperform this month.
For my top 30 holdings, the major movers include Hong Fok, Stamford Land and UIC. Most of the stocks in the list performed well this month, as the market is beginning to appreciate some of these value stocks. Hong Fok in particular, did well after a newspaper report on its undervaluation. Yeo Hiap Seng also returned to the list after it announced a new product to the market.
For my top 5 US$ denominated holdings, Jardine Strategic is to be acquired by Jardine Matheson via amalgamation.
I have bought the following companies from the market this month - AF Global, Amara, Asia Vets, Bonvests, Brook Crompton, Captii, Chuan Hup, Dairy Farm, Delfi, F&N, Far East Orchard, Heeton, Hiap Hoe, Hong Fok, Hong Leong Finance, Indofood Agri, Khong Guan, Kingsmen, Koh Brothers, LHT, Lion AsiaPac, Mandarin Oriental, Metro, OUE, Sin Ghee Huat, Sing Investment & Finance, TTJ, Wing Tai, Yanlord and Yeo Hiap Seng. No sale trade was done.
I have accepted the following voluntary delisting/cash offers this month - CEI, GL and Transit Mixed Concrete.
It had been a good month in terms of performance for my portfolio as markets are beginning to re-rate value stocks. However, it is still a long road ahead for some of these stocks to recover back to pre-Covid levels. With companies announcing their April AGM dates together with the release of their annual reports, I will be busy going through some of these annual reports next month. I will also continue to re-invest some of those M&A proceeds back into the market prudently.
My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 March 2021)
Top 30 Holdings (Sing$ Denominated shares)1. iFAST
24. Hotel Royal
1. Jardine Strategic
2. Mandarin Oriental
3. Hongkong Land
4. Jardine Matheson
5. Dairy Farm
Top Holdings (HK$ Denominated shares)
1. Tan Chong International
2. Shangri-La Asia
Top Holdings (Aust$ Denominated shares)
1. AV Jennings
Top 5 Holdings (CPF OA investment)
1. Streettracks STI ETF
2. CapitaLand Integrated Commercial Trust
4. Keppel Corp
5. Challenger
My Hong Kong Stock Portfolio
1. Peace Mark Holdings - Under Voluntary Liquidation
2. Alpha Professional Holdings Ltd (formerly known as Z-Obee Holdings Ltd)
My Australia Stock Portfolio
1. GPS Alliance Holdings Limited
My Unlisted Company Portfolio
1. Iconic Global Limited
2. Dongshan Group Ltd (formerly known as Greatronic Limited)
3. General Magnetics
4. Fastech Synergy
5. Memory Devices
6. Jurong Tech - In liquidation - Compulsory winding up (Insolvency)
7. FM Holdings
8. Zhonghui - In liquidation - Compulsory winding up (Insolvency)
9. FerroChina - Under Liquidation
10. FirstLink Investments
11. NEL Group
12. Jets Technics
13. Guangzhao Industrial Forest - In liquidation - Compulsory winding up (Insolvency)
14. Hongwei Technologies Limited (In Provisional Liquidation)
15. FDS Networks Group
16. Aussino Group - In Liquidation - Creditors' voluntary winding up
17. China Oilfield Technology
18. China Milk Products Group - Under Liquidation
19. Pacific Healthcare
20. Eratat Lifestyle - In Liquidation
21. Fung Choi Media - In Liquidation
22. K1 Ventures - In Liquidation
23. DMX Technologies - In Liquidation
24. Europtronic Group
25. China Sun Bio-chem Technology
26. Attilan Group
27. Winas - In Liquidation
Labels: Portfolio
posted by ghchua at 7:22 PM
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