My Investment Portfolio (August 2021)

STI ended this month lower at around 3055 points. Singapore began its economy re-opening plans after its population vaccination rate reached milestone. Chinese regulatory restrictions on companies and US central bank’s plans for tapering stimulus measures was also on most investors' mind as markets underwent volatility in response to various news flow.

For my top 30 holdings, GK Goh did well after receiving a general offer for its stake in Boardroom. Hiap Hoe was in the news after Orchard Towers collective sale committee appointed agent to look into selling the asset. Straits Trading returned to the list after quite sometime as it continued to do well on news of its stake sale in ARA. SGX was a main laggard though, after announcing a set of FY result that disappointed the market.

I have bought the following companies from the market this month - ABR, Amara, AP Oil, Asia Enterprises, AV Jennings, Bund Center, Chuan Hup, City Developments, ComfortDelgro, Delfi, Far East Orchard, F&N, First Sponsor, GK Goh, Hafary, Hiap Hoe, HL Global, Hong Fok, Hongkong Land, Hotel Grand Central, Hotel Properties, Hotung, Indofood Agri, Intraco, IPC, Jardine C&C, Jardine Matheson, Karin, Khong Guan, Kingsmen, Koh Brothers, LHT, Mandarin Oriental, Metro, Nam Lee, NSL, OUE, OUE Lippo HC, Sakae, Shangri-La Asia, Sing Investment & Finance, Singapore Shipping, SingTel, Straits Trading, Tan Chong International, TTJ, UOL, Wing Tai, Yanlord and Yeo Hiap Seng. I have also closed my position in Metal Component.

I have participated in the following preferential offer/rights issues - ESR Reit and King Wan. I have also participated in the following scrip dividend schemes - Sabana Reit and Starhill Global Reit.  

I have accepted the following voluntary delisting/cash offers this month - Dutech and Fragrance.

Next month will be another quiet month for me. As usual, I will take some time out to reflect on my portfolio, while still continuing to seek value and invest in more deep value stocks.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 August 2021)

Top 30 Holdings (Sing$ Denominated shares)
1. iFAST

2. GK Goh

3. Frencken

4. PM Data

5. Stamford Land

6. Hong Fok

7. Hong Leong Finance

8. Sing Investment & Finance

9. The Hour Glass

10. Hotel Properties

11. Metro Holdings

12. Haw Par

13. Bonvests

14. Hotel Grand Central

15. EnGro

16. A-REIT

17. Isetan

18. Bukit Sembawang Estates

19. Far East Orchard

20. Yeo Hiap Seng

21. Tat Seng

22. LHT

23. Hotel Royal

24. Singapura Finance

25. Hiap Hoe

26. Singapore Land Group

27. CapitaLand Integrated Commercial Trust

28. Straits Trading

29. SGX

30. Amara

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

5. Tianjin Zhongxin Pharmaceutical

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

3. A-REIT
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. Transcorp

Journey as a Full-time Investor - 10 Years On

Dear readers,

My last update on my full-time investment journey was posted 5 years ago.

http://ghchua.blogspot.com/2016/08/journey-as-full-time-investor-5-years-on.html

It does seems like yesterday that I have started this journey. But alas, it had been 10 years since I left the corporate world! How time files.

First, I would like to say sorry to all my loyal readers out there. I don't know how many of you are still visiting this blog regularly, but my number of posts had decreased as years gone by. If you have noticed, I have only been providing monthly portfolio updates and nothing else. It is not about lacking of posting ideas, but I would like to reduce my time on blogging these days. However, I would still engage you all via the comments section of each blog post, so keep your comments coming.

Second, since my last update 5 years ago, the market had given me my toughest challenge since I transformed into a full-time investor for the past two years. This is to be expected as I don't expect the journey to be smooth sailing. The Covid situation had set back my portfolio for two years, but it also presents opportunities for me to ride out this crisis stronger as a person and an investor.

Third, with around 10 years of investment experience as a full-time investor, I am now able to manage my emotions better as markets underwent volatility everyday. With a road map in mind, I am fully focused and committed to continue this journey.

Once again, I wish to thank all of you out there for your support. You know who you are, and for those that I don't know personally, a good shout out to you all silent readers out there. 

Will there be another 10 years as a full-time investor? Honestly, I think there is no turning back for me now. I am completely unemployable right now as my job skills are obsolete already. But having build up this portfolio to date, my tasks ahead will be to make it more robust to withstand any challenges thrown at it. I am optimistic of what lies ahead, though mindful of any pitfalls along the way.

With your support, I believe I will be able to last this journey, hopefully as long as I could possibly can.