It has
been a quiet week in terms of blogging. This is mainly because of my traveling last week in Europe and apparently, I am flying
off to China again in few hours’ time.
been a quiet week in terms of blogging. This is mainly because of my traveling last week in Europe and apparently, I am flying
off to China again in few hours’ time.
My last real stock portfolio update was on 22 Aug, here.
Since then I had sold most of my stock holdings to sit on a more than 60% cash position now. The cash includes E funds. I also updated my Total portfolio, which includes property and
other financial assets here
in Sep.
Since then I had sold most of my stock holdings to sit on a more than 60% cash position now. The cash includes E funds. I also updated my Total portfolio, which includes property and
other financial assets here
in Sep.
As you can see, it’s been awhile since I updated my portfolio. You probably will also see less
of my portfolio updates as I progress in my blogging journey. In particular, stock
buys and sells details will not be explicit. The whole idea is for the blog to
be more “educative” in nature, and reduce ‘manipulative” impact to a minimum.
of my portfolio updates as I progress in my blogging journey. In particular, stock
buys and sells details will not be explicit. The whole idea is for the blog to
be more “educative” in nature, and reduce ‘manipulative” impact to a minimum.
Anyway,
some of my recent buy actions as follow. I will not update the sell since 22
Aug, because there are seriously quite a fair bit of them. Moreover most of the
sell actions are not strictly related to fundamental deterioration of the
company’s performance per se.
some of my recent buy actions as follow. I will not update the sell since 22
Aug, because there are seriously quite a fair bit of them. Moreover most of the
sell actions are not strictly related to fundamental deterioration of the
company’s performance per se.
It is
more associated to my need to have more cash in view of the current hazy economic
conditions. This is especially relevant due to the depressed Oil and Gas industry
that I am working in, which sees job cuts everywhere. Furthermore the extra
cash will come in handy when Market takes a dive, for me to buy good companies
at cheaper prices.
more associated to my need to have more cash in view of the current hazy economic
conditions. This is especially relevant due to the depressed Oil and Gas industry
that I am working in, which sees job cuts everywhere. Furthermore the extra
cash will come in handy when Market takes a dive, for me to buy good companies
at cheaper prices.
Singapore Saving Bond (SSB) – Sold Oct SSB (2.63% ave
ret) to buy into the Nov SSB (2.78% ave ret) due to the better spread in Nov.
This is after taking into account the trading fees incurred and it was still worthwhile to do so. For info, the 3rd tranche upcoming in Dec will have
2.44% ave return.
ret) to buy into the Nov SSB (2.78% ave ret) due to the better spread in Nov.
This is after taking into account the trading fees incurred and it was still worthwhile to do so. For info, the 3rd tranche upcoming in Dec will have
2.44% ave return.
Supplementary Retirement Scheme (SRS) – Topped up my SRS to enjoy tax rebate on my next income tax. To me, everyone
who pays income tax and has excess cash to plan for retirement should consider
to topping up their SRS account.
who pays income tax and has excess cash to plan for retirement should consider
to topping up their SRS account.
Stocks
Buy
Buy
Starhub (SRS) –
Averaged down existing holding and to continue receive a relatively good yield
for income. Other reasons are related to my 3 beliefs in this stock. First, the belief that
Starhub will eventually spread her wings into overseas market (just like
Singtel). Second, the “reluctant” belief that our government will turn Singapore
into a 6.9 million populous island by 2030 with more Starhub subscribers. Yes, even after the addition of more Telco operators. Third,
eventually the subscription fees will only go up and not down!
Averaged down existing holding and to continue receive a relatively good yield
for income. Other reasons are related to my 3 beliefs in this stock. First, the belief that
Starhub will eventually spread her wings into overseas market (just like
Singtel). Second, the “reluctant” belief that our government will turn Singapore
into a 6.9 million populous island by 2030 with more Starhub subscribers. Yes, even after the addition of more Telco operators. Third,
eventually the subscription fees will only go up and not down!
Keppel
DC Reit (SRS) – The belief that the future world
will be more extensively data-connected!
DC Reit (SRS) – The belief that the future world
will be more extensively data-connected!
ARA
Asset Mgt – Sold off entirely in Sep at a higher price. Buy back again at a lower price and also lower
volume now, comparatively. This is after ARA announced 18 for
100 rights. Will continue to buy more if price slides again. My confidence in
John Lim, CEO of ARA is still unshaken. Refer here
and here
for my articles related to John Lim.
Asset Mgt – Sold off entirely in Sep at a higher price. Buy back again at a lower price and also lower
volume now, comparatively. This is after ARA announced 18 for
100 rights. Will continue to buy more if price slides again. My confidence in
John Lim, CEO of ARA is still unshaken. Refer here
and here
for my articles related to John Lim.
Global
Logistic Property – Mostly for speculative reason, since this is one stock that helped me
generate good returns via trading buy and sell before.
Logistic Property – Mostly for speculative reason, since this is one stock that helped me
generate good returns via trading buy and sell before.
Hi Rolf
I am thinking of selling DC Reit. The dividends is much lesser than IPO projection when I bought.
Hmm… so you believe in projection? Haha…
Sell to me without the trading fees then.. 🙂
Maybe can check out how resilient this stock is even during the day when stock markets drop the most this year?