My Investment Portfolio (May 2023)
STI ended May at around 3158 points, down more than 100 points as compared to last month. US government debt ceiling and recession fears were the two main issues bothering the markets. China's patchy recovery post Covid restrictions was another main concern. A lot of counters went ex-dividend in May, which also explains Singapore market weakness this month. There was also concern that Singapore might go into a technical recession as annual GDP growth slowed in the first quarter of this year.
For my top 30 holdings this month, main movers include Sembcorp Industries and Delfi. Delfi had updated the market on its 1Q23 performance. PM Data also did well after releasing their full year result while The Hour Glass and Bukit Sembawang Estates disappointed. Major laggards include Samudera Shipping and Global Testing, after the stocks went ex-dividend and ex-entitlement respectively. Not much changes was observed for the other stocks in the list.
I have bought the following companies from the market this month - Amara, Asia Vets, AV Jennings, Baker Tech, Bonvests, Bund Center, Chuan Hup, City Developments, ComfortDelgro, EnGro, F&N, Far East Orchard, Frasers Property, Guocoland, Heeton, Ho Bee Land, Hong Leong Asia, Hotel Grand Central, Hotel Royal, IFS Capital, Intraco, IPC, Isetan, Karin, Koh Brothers, Mandarin Oriental, MindChamps, Nam Lee, OUE, Overseas Education, Sakae, SBS Transit, Secura, Shopper360, Silverlake Axis, Sinarmas Land, Singapore Land Group, Singapore Shipping, Straits Trading, Taka Jewellery, Tan Chong International, TIH, Trek 2000, Tye Soon, UOL, Wing Tai, Yanlord and Yeo Hiap Seng. No sale trade was done.
I have participated in the following preferential offer/rights issue - Keppel Infrastructure Trust.
I have participated in the following scrip dividend schemes - UOB Kay Hian, Global Investments, Tuan Sing, Yeo Hiap Seng and China International.
"Sell in May and Go Away" seems to be the name of the game this month. However, with some cash in hand after the GK Goh offer and dividends received this month, I have managed to re-invest some of those proceeds. Though there is still some cash drag, I will continue to seek value and try to re-invest slowly back into the market. With headwinds ahead and markets not expecting to perform well again this year, I will remain cautious and continue to hold more cash going forward.
My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 May 2023)
Top 30 Holdings (Sing$ Denominated shares)2. Hongkong Land
3. Jardine Matheson
5. DFI Retail Group
Top Holdings (HK$ Denominated shares)
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. Fung Choi Media - In Liquidation
21. DMX Technologies - In Liquidation
22. Europtronic Group- In Liquidation
23. China Sun Bio-chem Technology
24. Attilan Group
25. Transcorp
Labels: Portfolio
posted by ghchua at 3:14 AM
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