My Investment Portfolio (April 2024)
STI ended April 2024 at 3292 points, up around 2% as compared to last month. Market had been concerned about inflation data and the lower possibility of rate cuts in US. Also, geopolitical tensions had worsened in the Middle East. Volatility had increased in the market, while oil and gold prices continued to climb up.
I have attended the following physical AGMs/EGMs/briefing this month - Pacific Century, CapitaLand Ascott Trust, Far East Orchard, Yeo Hiap Seng, EnGro, Straits Trading and Indofood Agri.
For my top 30 holdings this month, Isetan was a top performer after its controlling shareholder announced a scheme of arrangement in an attempt to take the company private. Other main contributors include iFAST, LHT and Samudera Shipping. Frencken though was a laggard, after tech stocks had mostly underperformed the market due to raising bond yields. Multi-Chem returned to the list.
I have bought the following companies from the market this month - AP Oil, Bund Center, Chemical Industries, Chuan Hup, City Developments, F&N, Far East Orchard, Great Eastern, HL Global, Hong Leong Asia, Hotel Royal, Hotung, Jardine Matheson, Koh Brothers, Lum Chang, Metro, OUE, Overseas Education, PEC, SBS Transit, Shangri-La Asia, Sinarmas Land, Singapore Land Group, Straits Trading, Tye Soon, UOL and Yeo Hiap Seng. No sale trade was done.
I have participated in the following scrip dividend schemes - Jardine Matheson and UOA.
Next month, companies with financial year ending 31 December 2023 will be mostly paying out their final dividends after holding their AGMs in April. With interest rate outlook remained uncertain, markets are expected to remain volatile going forward. I will re-invest those dividends back into the market prudently. Efforts will be taken to invest more into value stocks, while limiting funds going into growth ones.
My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 April 2024)
Top 30 Holdings (Sing$ Denominated shares)2. Hongkong Land
3. Jardine Matheson
5. DFI Retail Group
Top Holdings (HK$ 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. FerroChina - Under Liquidation
9. FirstLink Investments
10. NEL Group
11. Jets Technics
12. Hongwei Technologies Limited (In Provisional Liquidation)
13. FDS Networks Group
14. China Oilfield Technology
15. China Milk Products Group - Under Liquidation
16. Pacific Healthcare
17. Fung Choi Media - In Liquidation
18. Europtronic Group - In liquidation - Compulsory winding up (Insolvency)
19. Attilan Group
20. Transcorp - In liquidation - Compulsory winding up (Insolvency)
Labels: Portfolio
posted by ghchua at 9:58 PM
6 Comments:
Hi Mr Chus,
Congrats to your GE Life holdings.
What is your view on OCBC's offer price of $26.50? Would you accept the offer if it is not raised, considering that GE Life's EV is $36+.
Thank you.
Hi Jamesbond007,
I think the offer price for GE Holdings is on a low side. I guess if their intention is to get 90% of the shares out there (excluding their current stake) and compulsory acquire all the minorities, they would have to increase the offer price.
Would I accept the offer? Probably not. Let's see how things develop.
Hi Ghchua,
Do you consider CPF as part of retirement portfolio?
WTK
Hi WTK,
Oh yes. CPF is part of my retirement portfolio. Which is why I have invested most of my CPF funds into stocks, ETFs and unit trusts. As I had been a full-time investor for quite sometime, I do not have any CPF contributions for quite a long period since I depart from full-time employment. Therefore, it makes it even more important for me to grow by CPF portfolio than most people out there.
Too many counters
Hi TopTrader,
The portfolio is diversified, to reduce any company specific risk.
Post a Comment
<< Home