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Tuesday, April 30, 2024

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)
1. iFAST
2. Isetan
3. LHT
4. Amara Holdings
5. Hong Fok
6. Hong Leong Finance
7. Bonvests
8. Sembcorp Industries
9. The Hour Glass
10. Hotel Properties
11. Sing Investment & Finance
12. PM Data
13. Wing Tai
14. Samudera Shipping
15. Hotel Grand Central
16. Jardine C&C
17. Stamford Land
18. Far East Orchard
19. Hiap Hoe
20. Metro Holdings
21. Yeo Hiap Seng
22. Singapura Finance
23. Bukit Sembawang Estates
24. Singapore Land Group
25. Frencken
26. DBS
27. CapitaLand Ascendas REIT
28. CapitaLand Integrated Commercial Trust
29. Multi-Chem
30. Tat Seng

Top 5 Holdings (US$ Denominated shares)
1. Mandarin Oriental
2. Hongkong Land
3. Jardine Matheson
4. TZ Da Ren Tang
5. DFI Retail Group

Top Holdings (HK$ Denominated shares)
1. Shangri-La Asia
2. Tan Chong International

Top Holdings (Aust$ Denominated shares)
1. AV Jennings

Top 5 Holdings (CPF OA investment)
1. Streettracks STI ETF
2. Keppel Ltd
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. 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)
21. Koon Holdings  - In liquidation - Creditors' voluntary winding up
22. Equatoriale Holdings  
23. China Haida
24. Chaswood Resources

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4 Comments:

Blogger Jamesbond007 said...

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.

12:39 AM  
Blogger ghchua said...

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.

1:57 AM  
Blogger WTK said...

Hi Ghchua,

Do you consider CPF as part of retirement portfolio?

WTK

4:13 AM  
Blogger ghchua said...

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.

7:05 PM  

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A self-directed investor, looking to invest for retirement needs and bypass all those expensive financial planners/insurance agents. Investing is fun, profitable or most important of all, knowledge gained is useful for the rest of your life!

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