My Investment Portfolio (December 2022)

STI ended December and the year at 3251 points, advancing around 4% for the whole year as compared to 2021. Markets initially cheered on China's easing of Covid-19 measures early in the month. But recessionary concerns and rate hike fears limited the upside.

For my top 30 holdings this month, Hotel Properties did well after announcing disposal of commercial units at Ming Arcade via collective sale. Some of the stocks in the Top 5 Holdings (US$ Denominated shares) list like Mandarin Oriental, Hongkong Land, Jardine Matheson and DFI Retail Group also did well due to Hong Kong and China reopening. Sembcorp Industries also made it to the list after benefiting from higher energy prices this year due to inflation and its strategy to reduce carbon footprint and improve gearing. Among the laggards, Samudera Shipping was again sold off due to weaker container shipping rates. 

I have bought the following companies from the market this month - AF Global, Amara, Bonvests, Bund Center, Chuan Hup, City Developments, ComfortDelgro, Credit Bureau Asia, EnGro, F&N, Frasers Property, GK Goh, Global Dragon, Heeton, Hong Leong Asia, Hong Leong Finance, Hotel Grand Central, IPC, Koh Brothers, Lum Chang, Metro, OUE, Sinarmas Land, Sing Investment & Finance, Singapore Land Group, Singapura Finance, Stamford Land, Tuan Sing, Wing Tai and Yeo Hiap Seng. No sale trade was done.

I have participated in the following preferential offer/rights issue - CSE Global.

My stake in SP Corp had also been acquired via Scheme of Arrangement.

It had been an eventful and volatile year. Having said that, I continue to stay focused on my portfolio and mostly invested in value plays. Also, I have resisted on adding new stocks into my portfolio and there were fewer new additions this year. Still, my portfolio suffered some major drawdown during some period of the year where there had been widespread selloffs. Again, having zero leverage on the portfolio helps, as I have not been forced to sell off any stock in my portfolio to meet margin calls. I will continue to maintain zero gearing for my portfolio going forward.

Next year is expected to be another tough year for investors, as interest rate is expected to be higher for longer. However, there will always be opportunities in the markets. I will continue to seek value, while looking out for growth stocks that offer decent valuation. 

Wishing all my readers out there a profitable Year 2023. Happy New Year!

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 December 2022)

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

2. Hong Fok

3. The Hour Glass 

4. GK Goh

5. Hong Leong Finance

6. Sing Investment & Finance

7. Hotel Properties

8. Bonvests

9. Jardine C&C

10. Far East Orchard

11. Hotel Grand Central

12. Metro Holdings

13. Global Testing

14. PM Data

15. Hiap Hoe

16. Samudera Shipping

17. Stamford Land

18. Yeo Hiap Seng

19. LHT

20. Wing Tai

21. Bukit Sembawang Estates

22. Singapura Finance

23. EnGro

24. CapitaLand Ascendas REIT

25. CapitaLand Integrated Commercial Trust

26. Singapore Land Group

27. Amara

28. Sembcorp Industries

29. Haw Par

30. Isetan

Top 5 Holdings (US$ Denominated shares)

1. Mandarin Oriental
2. Hongkong Land
3. Jardine Matheson
4. DFI Retail Group

5. TZ Da Ren Tang

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. Keppel Corp
3. CapitaLand Integrated Commercial Trust

4. CapitaLand Ascendas REIT
5. Best World

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. DMX Technologies - In Liquidation
23. Europtronic Group
24. China Sun Bio-chem Technology
25. Attilan Group
26. Transcorp

27. Koon Holdings  - Under Liquidation

28. Equatoriale Holdings

29. China Haida