Sunday, September 20, 2020

Sep 2020 - Portfolio & Transaction Updates

No.

 Counters

No. of Shares

Market Price (SGD)

Total Value (SGD) based on market price

Allocation %

Category

1.

Comfortdelgro

  40,000

S$1.50

     60,000.00

26.0%

Recovery

2.

Wilmar

  10,000

S$4.40

     44,000.00

19.0%

Momentum

3.

Micro-Mechanics

  18,000

S$2.24

     40,320.00

17.0%

Dividend

4.

Lendlease Reit

  55,000

S$0.70

     38,500.00

17.0%

Dividend

5.

Tencent (HK)

       400

HK$522

     37,285.00

16.0%

Compounders

6.

JD (HK)

       500

HK$291

     25,982.00

11.0%

Compounders

7.

Alibaba (HK)

       500

HK$267

     23,840.00

10.0%

Compounders

8.

Yuexiu Trans. (HK)

  27,000

HK$4.80

     23,142.00

10.0%

Recovery

9.

OCBC

    3,000

S$8.50

     25,500.00

10.0%

Dividend

10.

Starhill

  50,000

S$0.45

     22,500.00

9.0%

Recovery

11.

Jardine C&C

    1,000

S$18.5

     18,500.00

7.0%

Recovery

12.

Bank of China (HK)

  20,000

HK2.53

       9,035.00

5.0%

Dividend

13.

GA Pack (HK)

    9,000

HK3.20

       5,143.00

2.0%

Dividend

14.

Apple (US)

         40

US$106

       4,240.00

2.0%

Compounders

15.

Ho Bee Land

       300

S$2.24

          672.00

1.0%

Leftover

16.

Warchest

  

-

     23,000.00

10.0%

 

 

 

 

 

 

 

 

Less:

CFD@3.2%

 

 

(171,000.00)

 

 

 

 

 

 

 

 

 

Total

 

 

 

   230,660.00

100%

100%


This month, I was stomped over-busy for work so apology for the slight delay in the updates.

There were not many movement and updates this month so I'll quickly run over the portfolio to see the latest movement I have.

There were 3 new additions and 2 divestments that left the portfolio per my updates from the previous month.




The first addition is Starhill Reit, which I managed to add a considerable amount of 50,000 shares at $0.435 a few weeks ago as retail malls continue to suffer brutal damage from the lack of tourism coming in. Having gone a few times to Ngee Ann City and Wisma Atria myself, I can definitely see where that other crowd is missing. Having said that, the locals' crowd is starting to pick up and I definitely see a more robust crowd as compared to the early stage of Phase 2. 

At the current valuation, I feel that Starhill presents a good entry opportunity with i.) P/BV at 0.54, ii.) Some amounts of funds retention in Q4, iii.) long lease WALE and iv.) ongoing AEI on Starhill Gallery completing in phases, which provides an upside lift.

This month, I have also started to add banks, and in my case OCBC amongst the three other banks. I do not have any particular banks that I wanted so much but given that UOB is in the South East Asian sector focus (and I already have Jardine C&C covering those areas), I wanted to avoid that repeatedly. Given STI is currently at major support and OCBC makes up 10% of the whole STI components, it's sort of taking a chance at the STI ETF equivalent. 

I don't expect banks to outperform in the short run so this feels a bit more mid to longer-term as options on other sectors start to run out for me.

The other counters which I added was an HK listed Toll-road company called Yuexiu Transport. I was alerted to this company from a friend after discussing and having liked the recent profile of acquisition plus recovery from China, I decided to put some money in it. I was skeptical earlier about the short lease of a typical toll play but over the years, the management looks to be very active in recycling older assets and buying new ones at a higher irr. Given the recent 1H result loss given many of the breaks during the first half of the year, I am confident that 2H will post a very strong rebound back to normalization.

On the divestment side, I have sold off my hospitality play for CDLHT and Carnival at about 10-15% gainhoping to buy back later if the share price comes down. Having still quite a bit of play in the recovery sectors, I wanted to be a bit more agile in the turn in terms of churning out and pocketing the gains. I may buy them back if they would come down to my target again.

Networth Updates

The portfolio has continued to slowly climb back up from the previous month of $218,470 to $230,660 this month.

A couple of sectors in the tech and retail REITs pushed up the portfolio while Wilmar dropped quite considerably from the previous month due to a shareholder's sell-off.

With three months to go, it seems like it's going to get difficult to meet the revised target of $250k by year-end, but we'll see if any surprises spring in the next couple of months.





Cheers and stay safe everyone.

Thanks for reading.

If you like our articles, you may follow our Facebook Page here


8 comments:

  1. whatever happened to AAPL?
    U literally mentioned that you just bought in last post, now mysteriously no mention of it.

    ReplyDelete
    Replies
    1. Oh yes, I forgot to include it! It's in my other Tiger brokerage account and it's a small stake but yes I have 40 shares of Apple.

      Delete
    2. CAN YOU STOP SCROLLING NOW?

      🔎ARE YOU SEARCHING FOR PROFESSIONAL HACKERS🕵💻 ONLINE FOR HIRE BUT NEED A LEGIT ONE THAT CAN ACTUALLY DO YOUR JOB WITH ACCURACY AND TIMING? CONGRATULATION! YOU JUST FOUND US!

      ⚡STOP 💯THE RISK OF GETTING SCAMMED BY ENGAGING WITH ONE OF THE WORLD'S MOST TRUSTED COMMUNITY OF HACKERS ONLINE!! We are fast⚡, reliable, accurate💯 and more precise!

      🚦Do you know you can fall easily for a scammer who claim to be a hacker online? Why take that risk when you can talk to an escrow that can direct you to real and legit professional hackers that get your jobs done at the right time⏰

      ✔The purpose of our team is to manage your queries without compromising on quality in order not to make you feel challenged to gain our assistance!

      ✔Our team doesn't stop at asking you mere questions. We take your feedbacks, and work on every detailed complaints you may have!

      Be it:

      ☢FUNDS RECOVERY ON SCAM INVESTMENTS, BINARY OPTIONS TRADING 📈📉
      ☣ WEBSITE AND DATABASE HACKING 💻
      ☣️ CREDIT REPAIR 💳
      ☣️ PHONE HACKING & CLONING (HAVING FULL ACCESS TO THE PHONE) 🔇

      ☣CLEARING YOUR CRIMINAL RECORDS ♻
      ☣️ SOCIAL MEDIA ACCOUNTS HACKING
      ☣RECOVERY OF DELETED FILES ♻
      ☣️LOCATION TRACKING 📌
      ☣BITCOIN MINING ⛏
      ☢LOST ID OR PASSWORD🔍
      ☢LOST EMAIL ACCOUNTS📫
      ☢STOLEN BITCOINS💰
      ☢LOGIN ERROR

      And any other issue can be resolved by us without stress. Chat with us. The amazing thing is that clients' issues are resolved within hours every single day! TRY US TODAY! WE PROVE OURSELVES BEYOND EVERY DOUBTS.

      For the fastest resolution to any issue, please contact our Support Center prior to submitting a request. You can remain anonymous for risk reasons.

      contracthacks@gmail.com

      Delete
    3. Investment plans
      PROMO PACKAGE

      🔊 BASIC
      Invest $200 earn $2,000
      Invest $300 earn $3,500
      Invest $400 earn $4,500
      Invest $500 earn $6,000 🔊 PRO
      Invest $1,000 earn $15,000
      Invest $2,000 earn $25,000
      Invest $3,000 earn $35,000
      Invest $4,000 earn $45,000
      Invest $5,000 earn $60,000
      Invest $10,000 earn $100,000. 🔊 PREMIUM
      1BTC earn 5BTC
      2BTC earn 10BTC
      3BTC earn 16BTC
      4BTC earn 22BTC
      5BTC earn 30BTC. ALL RETURNS ARE SCHEDULE, FOR 12 HOURS, UPON CONFIRMATION OF PAYMENTS. MODE OF PAYMENT.
      Any, Suitable For Investors, But Terms and Conditions Apply.⭐️HURRY NOW!!!
      Refer a Friend or Family member to invest same time, and Receive an instant $50 Reward. To set up an INVESTMENT PLAN,
      Contact Admin
      totalinvestmentplatform@gmail.comWhatsApp: +1(646)481-0376https://www.facebook.com/101745678391674

      Delete
  2. Good timing for your Lendlease REIT trades. With the caseloads at an all time-low, it makes sense to pick up Retail REITs.

    CapitaMall and MCT seem richly valued. So it makes sense to look at Lendlease and Starhill.

    ReplyDelete
  3. I got my already programmed and blanked ATM card to withdraw the maximum of $10,000 for an unlimited withdraw I am so happy about this because i got mine last week and I have used it to get $35,000 Fisher is giving out the card just to help people email On : int.hackers002@gmail.com

    ReplyDelete
  4. Investment plans
    PROMO PACKAGE

    🔊 BASIC
    Invest $200 earn $2,000
    Invest $300 earn $3,500
    Invest $400 earn $4,500
    Invest $500 earn $6,000 🔊 PRO
    Invest $1,000 earn $15,000
    Invest $2,000 earn $25,000
    Invest $3,000 earn $35,000
    Invest $4,000 earn $45,000
    Invest $5,000 earn $60,000
    Invest $10,000 earn $100,000. 🔊 PREMIUM
    1BTC earn 5BTC
    2BTC earn 10BTC
    3BTC earn 16BTC
    4BTC earn 22BTC
    5BTC earn 30BTC. ALL RETURNS ARE SCHEDULE, FOR 12 HOURS, UPON CONFIRMATION OF PAYMENTS. MODE OF PAYMENT.
    Any, Suitable For Investors, But Terms and Conditions Apply.⭐️HURRY NOW!!!
    Refer a Friend or Family member to invest same time, and Receive an instant $50 Reward. To set up an INVESTMENT PLAN,
    Contact Admin
    totalinvestmentplatform@gmail.comWhatsApp: +1(646)481-0376https://www.facebook.com/101745678391674

    ReplyDelete
  5. Hi everyone, I've seen comments from people who have already received a loan from Anderson Loan Finance. I really thought it was a scam and I applied for a loan based on their recommendations because I really needed a loan. A few days ago, I confirmed on my personal bank account the amount of 12,000 euros that I had requested for a personal loan with a rental percentage of 2%. This is really good news that I am happy with and I advise anyone who needs a real loan and who is certain that they will repay the loan to contact them via email.

    They can lend you a loan!
    Please contact Mr. Anderson Ray
    Email: andersonraymondloanfinance@gmail.com
    Phone: +1 315-329-6320
    The office address @ (68 Fremont Ave Penrose CO, 81240) ..

    Respectful,

    ReplyDelete

UA-57154194-1