My Investment Portfolio (January 2026)

STI ended the first month of the year at 4905 points, up more than 5.5% for the month. In US, focus initially had been on developments in Venezuela, Greenland and Iran. Also, new tariff issues re-surfaced. Precious metals including gold and silver rallied on geopolitical uncertainties plus USD weakness. Meanwhile, US Fed holds interest rate steady.

For my top 30 holdings this month, most stocks tracked the market upwards. Lum Chang is a new entry while Global Testing and Straits Trading returned to the list, replacing Multi-Chem, Yeo Hiap Seng and Singapura Finance. Main contributors include iFAST, Hong Leong Asia, UOL, Wing Tai, UOB Kay Hian, Bukit Sembawang Estates and GuocoLand. Detractors include Stamford Land, Jardine C&C, Samudera Shipping and LHT.

I have bought the following companies from the market this month - ABR, Alliance HC, Asia Enterprises, AvePoint, Avi-Tech, Bonvests, Brook Crompton, Bund Center, CFM, Chemical Industries, Credit Bureau Asia, Delfi, Digilife Tech, F&N, Far East Orchard, First Sponsor, Global Investments, GP Industries, GRP, Hiap Hoe, Hock Lian Seng, Hong Leong Finance, Hotel Grand Central, Hotung, Indofood Agri, Karin, Metro, MindChamps, MTQ, New Toyo, Nippecraft, OUE, Overseas Education, PNE Industries, PSC Corp, Raffles Medical, Singapore Land Group, SingPost, Singapore Shipping, Singapura Finance, Stamford Tyres, Straco, Straits Trading, Sunright, TIH, Tye Soon, UOA, Yeo Hiap Seng and YHI. No sale trade was done.

My stake in Mandarin Oriental had been acquired via Scheme of Arrangement.

Next month, most companies with financial year ending 31 December 2025 will be announcing their full-year results. As usual, I will go through some of those result announcements. I have slowed down my purchases this month as markets continued to run up and hit new highs. With more volatility, uncertainty and headwinds expected ahead, stock selection becomes more crucial as one attempts to navigate the markets in the Year of the Fire Horse. Gong Xi Fa Cai!

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 January 2026)

Top 30 Holdings (Sing$ Denominated shares)

1. iFAST

2. Hong Leong Asia

3. Sing Investment & Finance

4. Singapore Land Group

5. Hong Leong Finance

6. UOL

7. Hotel Properties

8. Hong Fok

9. The Hour Glass

10. UOB Kay Hian

11. Wing Tai

12. Bonvests

13. Stamford Land

14. Bukit Sembawang Estates

15. GuocoLand

16. DBS

17. Far East Orchard

18. Jardine C&C

19. Sembcorp Industries

20. SGX

21. Haw Par

22. PM Data

23. Samudera Shipping

24. LHT

25. Global Testing

26. SingTel

27. Lum Chang

28. Hotel Grand Central

29. Straits Trading

30. F&N

Top 5 Holdings (US$ Denominated shares)

1. Hongkong Land
2. Jardine Matheson

3. TZ Da Ren Tang
4. DFI Retail Group

Top Holdings (HK$ Denominated shares)

1. Tan Chong International

2. Shangri-La Asia

Top 5 Holdings (CPF OA investment)
1. Streettracks STI ETF

2. Keppel Ltd
3. CapitaLand Integrated Commercial Trust

4. CapitaLand Ascendas REIT
5. SingTel

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. Equatoriale Holdings  

21. China Haida

22. Chaswood Resources