Sunday, November 12, 2017

"Nov 17" - SG Transactions & Portfolio Update"

No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
Comfortdelgro
70,000
2.00
140,000.00
23.0%
2.
M1
67,000
1.81
121,270.00
20.0%
3.
Fraser Logistic Trust
80,000
1.13
90,400.00
15.0%
4.
Straco
50,000
0.86
43,000.00
7.0%
5.
Vicom
6,600
5.78
38,148.00
7.0%
6.
Far East Orchard
20,000
1.52
30,400.00
6.0%
7.
Ho Bee Land
10,000
2.61
26,100.00
6.0%
8.
Cosco
25,000
0.44
11,000.00
2.0%
9.
Warchest*
115,000.00
19.0%
Total SGD
615,318.00
100.00%

We are closing down on the final 2 months of the year and it seems like the market is doing good for everyone, except me :D

As such, it is difficult to keep up with the returns of the market especially if your portfolio does not include the bullish industries alike such as banks, properties, oil and gas or bitcoins.




For this month updates, I initiated a position for Far East Orchard for 20,000 shares at $1.51. I thought it was a decent position as we wait for the company to go back to a net cash position. I last wrote my thoughts on the latest results here. I'm just going to wait for a few development to play out before deciding what to do next.

I also re-initiated a small position in Ho Bee Land for 10,000 shares at $2.51 which I blogged here. The company announced a solid Q3 results which I reviewed here and I am still deciding if I should add to my position in the company.

I also divested my position in First Reit at $1.395 after it hits a high before it went xd a few weeks ago. I just don't feel too comfortable with the current valuation of Reits in general at the moment and there are better options out there so this is more an allocation choice to divest.

I also bought a new position in Straco Corporation for 50,000 shares which I blogged over here. Straco is scheduled to report its results on the 14th Nov so will be one which I am looking forward.

I had also taken a small position in Cosco for 25,000 shares at $0.33 for a speculative position after it announced that it will take Cogent private. Given the recent industries bullishness lead by YZJ and the strong economy bounce back, I took the gamble to test my hypothesis.


Net Worth Portfolio

The portfolio has increased from the previous month of $613,980 to $615,318 this month (+0.2%  month on month; +34.8% year on year).

I guess the from the graph itself it should sum up my whole performance in the second half of the year. After a strong performance in the first half, the second half of the year proves to be extremely disappointing as it failed to follow the general bullishness of the market and is lagging the general market by a long mile. The YTD performance is about on par with the STI index so far, if there's any consolation at all.

I don't think we'll see any surprises as we close the year so it'll be business as usual.

I'll report the year performance once I have concluded them next month.

Thanks for reading.

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11 comments:

  1. Hi B,

    The bulls doesn't apply to me too :( Perhaps it's due to the fact I'm a pico investor. Seems like you're also chalking up on property developers! :p

    Your portfolio performance since January 2017 to date is already very impressive.

    ReplyDelete
    Replies
    1. Hi Sleepydevil

      Thanks a lot, seems like we will need to exercise more patience and belief in the companies we own.

      I hope the year do well for your end as well.

      Delete
  2. Hi B,


    I am new in investment.

    May i check with you how much is your capital base and how long have you been invested?

    Hope to be like you.....

    Thanks

    ReplyDelete
    Replies
    1. Hi Anonymous

      Last checked, my capital base is around the range of $364k and my gains (both realized and unrealized) are at $251k. Still a long way to go...

      Ive been invested for about 7 years now. Just keep on reading and learning about things, there's no fast way to go about doing this consistently.

      Delete
  3. I have quite a mix of industry and they balanced out. Hence bull does not apply to me too.

    I think that you are doing really well on a overview basis!

    ReplyDelete
    Replies
    1. Hi MIM

      Many thanks for your kind comments.

      you are right, we need to look at it from an overall point of view. I don't think i enjoyed much of the upside but on the other hand I trust that these companies are able to weather through the storm.

      Delete
  4. congrats B, at least still in the positive territory.

    your strategy for CDG still the same?

    ReplyDelete
    Replies
    1. Hi FC

      Still same old strategy, add and add. haha

      Delete
  5. I have been following you for Long. Looks as if the portfolio value increase is significantly in account of new capital injection as your main holdings are laggards and their share prices are progressively on a downward trend. Could you please elaborate? Apologies, if my post is sounding rude, but this is not my intention.

    ReplyDelete
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