My Investment Portfolio (January 2023)
STI started the year with a bang, tracking global markets and advancing around 3.5% to close January at 3365 points. Investors are betting on soft landing and higher corporate profits, despite higher interest rate environment. However, some profit taking was seen towards the end of the month ahead of US FOMC meeting to decide the next interest rate hike.
For my top 30 holdings this month, Stamford Land was among the gainers after announcing completion of disposal of its hotel properties in Auckland, New Zealand and Sydney, Australia. Other main movers include Samudera Shipping, Sembcorp Industries and UOL (which returned to the list). The REITs in the list also did well. iFAST though, was the main laggard after announcing a delay in their ePension project in Hong Kong.
I have bought the following companies from the market this month - AF Global, Asia Enterprises, Captii, Chemical Industries, ComfortDelgro, Cosmosteel, Credit Bureau Asia, GK Goh, Global Investments, GuocoLand, Heeton, Hock Lian Seng, Indofood Agri, IPC, Isetan, Khong Guan, Koh Brothers, KSH, Mandarin Oriental, Metro, Noel Gifts, NSL, OUE, Overseas Education, Sing Holdings, Singtel, Trek 2000, Tye Soon, UOL, Wing Tai and Yeo Hiap Seng. No sale trade was done.
I have accepted the following voluntary delisting/cash offer this month - Chip Eng Seng.
Having started the year with such a good run, the risk is now higher investing in markets. Therefore, I have turned cautious and slowed down my pace of purchase. Next month, most companies with financial year ending 31 December 2022 will be reporting their full year results. As there is a long list of companies reporting, I will only be going through some of those results. I will also continue to search for value and moderate my pace of investing.
My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 January 2023)
Top 30 Holdings (Sing$ Denominated shares)1. iFAST
2. Hongkong Land
3. Jardine Matheson
4. DFI Retail Group
Top Holdings (HK$ Denominated shares)
1. Tan Chong International
2. Shangri-La Asia
Top Holdings (Aust$ Denominated shares)
1. AV Jennings
1. Streettracks STI ETF
3. CapitaLand Integrated Commercial Trust
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
Labels: Portfolio
posted by ghchua at 6:54 PM
2 Comments:
Hi GH , I noticed that Metro somehow is still in downtrend / stuck near multi year low despite the recent bounce in equities
Do you know the probable reasons. Many thanks.
Hi bamboo,
I am not sure about share price movements. But certainly, their tenures for their Metro City and Metro Tower investment properties in Shanghai are coming down. This plus Covid-19 situation in China might have affected their revenue and occupancy in those properties. Other assets in UK and Australia are also affected by forex movements, which will affect their NAV when translated back to Sing dollars.
A big drag also for their investment in Top Spring International Holdings Limited, which affected by depreciating RMB against HKD and downturn in property development in China. Their other investment in Daiwa House Logistics Trust since IPO is also not doing well.
All in, I think investors are pricing in a weaker 2H result and also likely a cut in dividend payout as well.
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