Saturday, April 2, 2022

Portfolio - 1Q2022

Hi readers, in the blink of an eye, we have already ended the 1st quarter of 2022. It is very eventful one, marked with my first entry into US stock market, first time buying stock using leverage, my first child being born, further easing of Covid-19 measures among all the matters.

Unfortunately, the year being eventful also went both ways, including negative ones such as the invasion of Ukraine by Russia. Keeping my fingers crossed that Ukraine does not fall. There is no place for war in the modern world and it is a shame this happened.

Overall, portfolio took a heavy hit earlier, falling as much as 15% initially. Although it has made some recovery, it remains some ways off the high seen in my 4Q2021 update.

See: Link to Main Portfolio page

Contents:

  1. Portfolio (1Q2022)
  2. Transactions and Dividends  
  3. Thoughts



Portfolio (1Q2022 - 31 March 2022)

(Note: Share price and Forex as at 31 March 2022; Cryptocurrency is volatile and I have rounded down to lowest hundred USD for ease of calculation.)

Performance



Some commentary on my portfolio
  • First foray into US stock market! It felt like the right time to add some US-listed Tech. However, I limited my exposure as I do not want to overextend my exposure at this point.
  • UMS fell heavily from a high of ~1.50 down to its present day quote, but thankfully still in the positive.
  • In my 4Q2021 update, I shared how I felt bank may be one of the sector to focus on. I simply couldn't get a feel what is a decent entry price (as with my hesitation for the past few years as well).
  • Crypto portfolio also fell substantially and I think it will be some time being we see the high. HODLing regardless.
(back to top)

Transactions and Dividends 

(a) Transaction Summary
  • Sold 2400 units of Wilmar at SGD4.39 (Net gain ~SGD 720)
  • Lost 550 SGD messing around with intraday/short-term trading on US market
  • Bought 30 units of Sea Group Ltd (NYSE: SE) at 92 USD each
  • Collect 1 free Apple share (NASDAQ: AAPL)
(b) Dividend Summary
  • Received 43 units of Prime US REIT in scrip dividends from UMS in end-March 2022

(back to top)

Thoughts

On the Investment Front 

Portfolio took a hit but thankfully made some recovery later on. Later on, I decided to enter the US stock market as I felt it was challenging as of late to invest further SGX-listed stocks (read: good price) and started looking elsewhere, and it just so happens there were stocks in the US-listed tech sector at a good entry point.

Signing up with Moomoo kickstarted this foray into US-listed stocks and also got me a free Apple share. You can use my referral to sign up as well if you are keen.

My Referral: https://j.moomoo.com/00gQ17

Personal

The first biggie - my first child was born in mid-February this year! With that, I see heavy cash outflow over the next few months as I pay off hospital bills (currently charged to OCBC Cashflo card) before it stabilises. I am very thankful that the government supported by means of Baby Bonus so we felt less stung financially. It has been a taxing period (especially for my wife) as we juggled duties for caring for him.. Here is to hoping I keep up on carrying out my duty well as both a husband and a father. I am also thankful my family has lent enormous support in caring for the baby as well.

The second biggie - have received 2 months in bonus from work (the most I have ever seen in my career to date), which further cushions the financial impact of welcoming our firstborn into the family. Nevertheless, I need to be more prudent and probably take a more cautious stance with my investment.

(back to top)

Friday, December 31, 2021

Portfolio 4Q2021 / FY2021 Year End Review and Reflection

Hi readers, 2021 is finally coming to an end and I hope your investing journey had been fruitful. This year has been a significant one for my investing journey - read on to find out!

See: Link to Main Portfolio page

Contents:

  1. Portfolio (4Q2021)
  2. Transactions and Dividends  
  3. Reflections
  4. Closing Thoughts



Portfolio (4Q2021 - 31 December 2021)

(Note: Share price and Forex as at 31 December 2021; Cryptocurrency is volatile and I have rounded down to lowest hundred USD for ease of calculation.)

Performance



Some commentary on my portfolio
  • I saw opportunities in adding position to one of my altcoin after a momentary dip caused by hackers attacking BitMart and selling the affected token.
  • A quarter ago, UMS was carrying the portfolio. Since then, still carrying haha. True to my estimations in my 3Q2021 Portfolio review, UMS was mostly hanging about 1.30 - 1.50, and today it broke 1.50. If it does convincing break up towards 1.60 - 1.80? It'll make me a very happy person.
  • Very heavy capital injection this year, with the purchase of both Daiwa and Wilmar - but to be frank, Wilmar is more of a multi-week to multi-month trade idea. The capital injection towards buying Wilmar also means that I had injected 2022's capital in advance and I may not be able to inject significant lump sum for year 2022.
(back to top)

Transactions and Dividends 

(a) Transaction Summary
  • Bought 10000 units of Daiwa Logistic REIT (SGX: DHLU) at 0.805.
  • Bought 2400 units of Wilmar for 4.06 (SGX: F34)
  • Bought about 280 USD of cryptocurrencies (after taxation).
(b) Dividend Summary
  • Received SGD 100 in dividends from UMS in October 2021
  • Received SGD 125 in dividends from UMS in December 2021
  • Received total of 2500 bonus shares from UMS (it was 1 bonus share for every 4 shares I have)

(back to top)

Reflections

On the Investment Front 

So how did I do for 2021?

Overall, I am pleased to see that in terms of stock investments, the market has been rather kind to me,especially considering half of the UMS I bought was an accident, but I'll take any luck I can get. I am also sitting on small gain on Wilmar at the moment. 

This year was also significant in that I have again broke my previous highest portfolio value record - today it sits just slightly above SGD 40000, and the last time my portfolio hit a high, it was about SGD 30000 and back in 2018 before I liquidated my stock portfolio heavily to buy my home.

Cryptocurrency portfolio is slightly up, getting carried by 2 of my major positions. One thing I am looking forward to in the coming years is how SafeMoon is moving forward not just as a cryptocurrency, but as a tech company - its own Blockchain, involvement in clean energy and beyond. Shitcoin? Memecoin? I don't think so.

Back in 1Q2020, I wrote down my investment in Alita Resources (SGX: 40F) (formerly known as Alliance Minerals Asset Limited). This represents a hefty loss of about SGD 9,800. Motivation certainly took a beating as I also did not have the means to capitalise well on March 2020 crash. I did not state in writing, but I had set a goal towards recovery from the loss within 3 years. I was rather pessimistic that given my investing performance in 2020, this might still not be met.

Fast forward since then, I am thankful I have ended 2021 with combined realised gains and paper gains making up about 80% recovery from this loss, and this is getting me pumped to keep the momentum forward.

Personal

On the personal end, we are counting down to welcoming my baby boy sometime in February 2022. Logistically, we are mostly ready, but the expenditure has been rather heavy, and I do not expect it to let up soon. One worry I have is how to ensure I still have adequate money for investment, or how to expedite portfolio growth without ill discipline.

With the impending addition to the family, I started to think how can I keep at least an acceptable savings rate even with all the expenses acting as the headwind. Seems there are only 2 realistic ways to proceed: Increased salary by way of career progression or jumping industry, and income from trades with effective recycling of capital.

What's Ahead

Thematically, this is what I think may be in focus for year 2022:

  • Interest Rate Hikes leading to a positive focus on bank stocks
  • Continuation of Semiconductor Play
  • Beneficiary in relation to Covid-19 (e.g. Moderna)




Closing Thoughts

I got to be honest - my investment journey was pretty much on limbo until this year and I have neglected proper upkeep to my blog, namely the Goals and Milestone section and the Portfolio section. It's high-time I do a clean up of these sections.

Recalibrating my Goals and Milestones, I decide to start up with some goals which should be be too much of a stretch:

  • By end-2023 (Age 35): Fully recover from my loss from writing off Alita Resources
  • Periodical: After 2022, inject at least SGD 9000 excluding dividends and bonus shares into portfolio.
  • By end-2033 (Age 45): Portfolio to achieve sustainable dividend of at least SGD 6000 yearly. With a 5% dividend yield, this translate to a portfolio value of SGD 120,000. So within 11 years from today, the portfolio needs to grow by SGD 7300 on average yearly.

And when I'm ready, I'll add in stretch goals to once again expedite my march towards Financial Independence. 

Outside of this clean-up, however, I think I will still be keeping current frequency of writing new posts on my blog, maybe give or take a couple of articles outside the usual quarterly portfolio updates.

Covid-19 continues to engulf the world, with Omicron taking the world by storm and may well be the dominant strain next. With countries all over the world looking to open up so economy can recover, all the more we bear the social responsibility to not willfully cause outbreak or worse, clusters and superclusters.

Happy new year to everyone - may your investing journey go well going forward! (I'm ready to kick some ass on my investment efforts.)

(back to top)


Friday, October 1, 2021

Portfolio - 3Q2021

Hi readers, September came to a close and it's time for my 3Q2021 portfolio update. There's not too much to note other than monitoring the progress of the portfolio, since I didn't make any transaction.

See: Link to Main Portfolio page

Contents:

  1. Portfolio (3Q2021)
  2. Transactions and Dividends 
  3. Closing Thoughts



Portfolio (3Q2021 - 30 September 2021)


(Note: Share price and Forex as at 30 September 2021; Cryptocurrency is volatile and I have rounded down to lowest ten USD for ease of calculation.)

Performance



Some commentary on my portfolio
  • Cryptocurrency Portfolio taking huge hit, but fortunately I'm not heavily vested? I may add more to Safemoon.
  • UMS is carrying the portfolio - with the impending bonus shares however, I am expecting a temporary drop of UMS price to 1.30 - 1.50 range for a period of time once it goes ex-bonus (XB) on 22th October 2021.
(back to top)

Transactions and Dividends 

(a) Transaction Summary
  • No transactions to note.
(b) Dividend Summary
  • Received SGD 100 in dividends from UMS
  • Receive SGD 46 in dividends from Prime US REIT

(back to top)


Closing Thoughts

On the Investment Front

I am preparing to do another round of capital injection and hence adding new position, but still scouting for possibly better opportunities. I have my eyes on only Wilmar so far, especially now that the India JV uncertainty seemed to have cleared up, but hope to instead add tech-sector linked shares.

Read: The Edge Singapore - Wilmar India's JV IPO set back in motion

Personal

On the personal front, firstly, I'm pleased to share that my wife is pregnant with a baby boy and we are expecting him to be due mid-late Feb 2022! With that, comes increased expenses in part to medical check-ups at the gynecologist, buying baby necessities, hospital stay when she gives birth, and confinement. We seem to be generally adequately prepared on the financial end (but hey, can always do better).

Now for the not so good news?

Our family got caught up in COVID-19 panic twice within the month of September itself. Firstly, getting Stay-Home Notice at the start of September due to coming into contact with a confirmed case, and I had to do my best to isolate myself from my wife until I've cleared myself with doing ARTs.

Then a couple of household member staying in the same room caught COVID-19 and now we are serving QO, doing ART daily except on the days when we had or have to do PCR. They have since then been brought to be isolated at hotel and I just done some disinfection of the common area in my home. We are also getting professional disinfection surface once the QO gets lifted. Overall this meant that expenses (Food Delivery, buying additional sanitary items) are increased for the duration of the QO.

I'm keeping my fingers crossed that everyone in my household, including the couple isolated at hotel, end up ok. At least for the past few days, we are negative.

I said this in my 2Q2021 Portfolio update and I'll repeat myself here - I wish my readers good health and to stay safe - COVID-19 situation is far from over, but we can get over this as long as we do our part.

Take care all!

(back to top)

Sunday, July 4, 2021

Portfolio - 2Q2021

Hi readers, hope you are doing ok or better, given the situation regarding COVID-19 remains elevated since blowing up in May 2021. I think it is also amazing that we are already past 1st half of 2021. It was quite hectic due to work commitments up until very recently - so I get just a bit of breather to slow down my work tempo for the time being.

From this portfolio update onwards, I have also revised to show portfolio performance in terms of quarterly update.


See: Link to Main Portfolio page

Contents:

  1. Portfolio (2Q2021)
  2. Transactions and Dividends 
  3. Closing Thoughts



Portfolio (2Q2021 - 30 June 2021)



(Note: Share price and Forex as at 30 June 2021; Cryptocurrency is volatile and I have rounded down to lowest hundred USD for ease of calculation.)

Performance





Some commentary on my portfolio
  • Cryptocurrency Portfolio consists of several altcoins, largely dominated by Safemoon. Currently sitting on a loss after crypto-crash but Safemoon alone is still up about 4x of my initial amount. There was a point Safemoon was up 12x of my initial amount at its ATH.
  • Learning my lesson from poor risk management and failed investment with Alita Resources, I am making it a point to limit my capital inflow into my cryptocurrencies portfolio, a principal amount of no more than 10% of the rest of my portfolio as listed - if I hit my limit, I don't necessarily have to trim down my cryptocurrencies holding, but my stock portfolio have to grow in order to raise this said limit.
(back to top)

Transactions and Dividends 

(a) Transaction Summary
  • Bought cryptocurrencies (About ~USD 700 including gas fees)
    (b) Dividend Summary
    • Received SGD 100 in dividends from UMS (May 2021).
    • Expecting to receive SGD 100 in dividends from UMS (July 2021)

    (back to top)


    Closing Thoughts

    On the Investment Front

    Second quarter marks a very significant milestone for my investing journey - I made my first foray into cryptocurrencies - specifically a selection of Altcoins, heavily weighed to those with use-cases and useful project, and developers who gives impression they are trustable and can walk the talk.

    Safemoon, a new cryptocurrency only launched in late March 2021, deserves a special place among this. They have exceeded expectations with deliverables, the developers doxxing themselves, and the developers having reputable links which will see massive repercussion to themselves if this somehow ends up being a rugpull.

    Colour me impressed, to say the least.

    There was news of global semiconductor shortage being expected to extend into 2023. This meant that to meet demand, foundries will have to expand their capacity. This means that semiconductor manufacturing equipment should see a revenue increase - and SGX-listed companies such as AEM, UMS, and Frencken will be beneficary of this.

    I am also of the view that this trend of increased semiconductor usage will be a long-term growth driver as the world is increasingly transforming to adopt or advance in the age of digitalisation.

    (To reiterate - this is my point and is not to be taken as financial and/or investment advice, please DYODD).

    Career/Personal

    I just got promoted in my company! Truth be told, I was not quite expecting a promotion yet (expecting next year instead), but not too surprised either as I had prior experience in the field.

    The extra cash flow from the increment is timely as given my personal situation, however, non-discretionary expenditure will be growing significantly at the same time. I'm keeping it short for now, but I plan to share again down the road.

    Also gotten my first jab on Friday - felt groggy for the evening thereafter, but besides a bruised pain in the left arm until today, nothing a good night sleep could not help with.

    I wish my readers good health and to stay safe - COVID-19 situation is far from over, but we can get over this.

    (back to top)

    Thursday, April 1, 2021

    Portfolio - 1Q2021

     I am back for the first quarterly portfolio update for 2021!

    Time flies by fast when you are busy. Switching back to quarterly reporting was mainly intended due to expected lack of activities in the market, but during the lull, I found this break much needed (although still looking at the market).

    Perhaps it is due to feeling disappointment towards my investment progress for the last 2 years? Within the month of January 2021, the shares I sold decided to rocket and I lost out on a gain of over SGD1200. But I'm happy to arrive at where I am as of 1Q2021 - you'll see why when you read the rest of the post. Haha.


    See: Link to Main Portfolio page

    Contents:

    1. Portfolio (1Q2021)
    2. Transactions and Dividends 
    3. Closing Thoughts



    Portfolio (1Q2021 - 31 March 2021)


    (Note: Share price and Forex as at 31 March 2021)

    Performance



    Some commentary on my portfolio
    •  YTD Portfolio value has increased by 13% and that made me feel relieved from missing out gains from old positions that was sold before rally.
    • I actually only intended to get 5000 units of UMS (SGX: 558) when shares dived to 1.1x, but ended up keying 10000 units when buying from the market. At the same time I was also queuing up to get Wilmar. When I realised the mistake, I quickly removed my queue for Wilmar. This is a blessing in disguise as it started rocketing for the rest of March 2021 (BB buying up?). But all's well that ends well. Luck at play.
    (back to top)

    Transactions and Dividends 

    (a) Transaction Summary
    • Bought the following shares March 2020:
      • UMS - 10000 units @ 1.170 each.
    (b) Dividend Summary
    • Received SGD 45 in distribution from Prime US REIT

    (back to top)


    Closing Thoughts

    This Blog

    I'll continue to maintain quarterly update at the bare minimum. One thing I realised after switching back is I felt less pressured to write. I still want to write about, but I guess I should stop pressuring myself and just write when I feel myself in the mood (save for the quarterly portfolio update).

    On the Investment Front

    I started off my first step of investing for the year 2021 with my position in UMS and feel pleased I have made progress towards recovering from loss in Alita, luck or otherwise. YTD, portfolio value has increased 13%. (Even more, had I base this portfolio update on 1st April 2021's closing price.)

    As I last said in Dec 2020 portfolio update, I am intending to further inject another 9000 throughout 2021. From the way things look, I could be doing the injection during June/July 2021 although an earlier injecting of 5000-6000 during May/June is not ruled out either.

    Can I keep this going? Can I aim to etch out at least SGD 10000 in gain within the next 2 years? Let's do this.

    Career

    No change from previous update here, staying focused project at work and still working (albeit at snail pace) to get myself acquainted in Data Science. Recently gotten some bonus and that helped nudge my savings very close to my 30K target savings.

    Personal

    There's been another major development here - besides trying for a baby, my Dad is retiring by end of this month (he runs his own business of servicing and installing air-conditioners.). I foresee my siblings (I have 2 elder siblings) and myself topping up allowance. A part of me thinks that some otherworldly force may be compensating for upcoming challenges with my portfolio's increase in value. I got my work cut out now and I need to keep this momentum in growing my portfolio going.

    There, I'm done for this update. It's income tax season so remember to do it up! Lastly, wishing everyone a happy long weekend!

    (back to top)

    Friday, January 1, 2021

    Portfolio - December 2020 / Year-End Reflection

    Happy New Year, Readers!

    2020 finally came to a close - With the ongoing Covid-19 situation, it was a year unlike any others compared to the years before. Many faced difficulty, be it individual or businesses alike, and if it weren't for government intervention, it could have been far worse. Those that managed to brace themselves and come out stronger.

    And there are some who managed to seize the opportunity, in the form of the market crash, to bring their financial target years ahead - well done to those that have had their efforts bore fruit.

    In a surprise move, I have decided to liquidate my major positions, leaving only Prime REIT (SGX: OXMU) as my only stockholding.


    See: Link to Main Portfolio page

    Contents:

    1. Portfolio (31 December 2020)
    2. Transactions and Dividends 
    3. Year End Reflection/Review 
    4. Closing Thoughts




    Portfolio (31 December 2020)





    Performance

     




    Some commentary on my portfolio
    • I managed to barely touch SGD 13000 on my portfolio thanks to the Christmas rally?
    • Overall
    (back to top)

    Transactions and Dividends 

    (a) Transaction Summary
    • Sold the following on 31 December 2020:
      • Fu Yu Corporation: Sold 11000 units at 0.260
        • Capital Gain/(Loss): (SGD 332)
        • Dividends reduces overall losses to (SGD 173.5)
      • Lendlease Global Commercial REIT (LREIT)
        • Capital Gain/(Loss): (SGD 10)
      • Wilmar
        • Capital Gain/(Loss): SGD 260
    (b) Dividend Summary
    • No new dividend declared or received in the month of December 2020.

    (back to top)

    Year-End Reflection

    2020 coming to a close also meant it's time for this annual internalisation for the investment year.

    What did I do well?

    Managing to inject at least 6000 into the portfolio. This year was specially catered for me to build up on my savings to prepare to start a family, so to be able to still inject capital was pleasantly surprising. Having said that, it is still not to the ideal I have in mind. What I really want is to be able to consistently inject SGD at least 12000 yearly which is pretty challenging at my pay grade after having personal committment.

    This is more of a consolation, but I am also glad to be close to breakeven after averaging down on and then selling off LREIT to recover from bad positioning in my initial buy last year.

    What did I not do well in?

    Letting FOMO bite hard when I bought Fu Yu on a high, only to have it not be anywhere near again.

    Not seizing the opportunity to buy closer to lows. Big part of this was not having a strong enough conviction (it is painful having fear breathed into you by your loved ones with no experience in the stock market).

    Lastly, not being "strict/demanding" enough, and not establishing some methodology with my entry/exit plans in my investment plans. This is probably the root cause behind FOMO on my initial buy on Lendlease REIT / Fu Yu Corp.

    (back to top)





    Closing Thoughts

    This Blog

    Ending it off, I may be going back to the quarterly portfolio update - with these major positions offloaded, I see little point in sharing Portfolio updates.

    On the Investment Front

    I will remain steadfast and continue my march onwards to recoup my losses from investing in Alita Resource.

    First, what is my investment plan for 2021?

    To begin, I would like to be able to inject at least an additional SGD 9000 into the portfolio.

    Next, it would be to either rebalance my stock portfolio or be able to increase my capital through trades. Where a rebalance is done, it would probably be biased towards positions in stocks that are in semi-conductor manufacturing or tech industry, or otherwise, stocks that will be inherently resilient in the face of Covid-19. Recovery plays will be second priority, and only if the price is right.

    Having said that, I will not rule out buying back what I have just sold provided the price is a bargain. The idea is not solid, but I have a watchlist of stocks I am interested in. Selling my major positions now gives me the flexibility to position myself in either way (trades or longer-terms).

    Personal/Career

    Project is ramping up and I spent half of December with OT, so have been quite exhausted

    To be honest, I find my source of income from working not keeping up fast enough with what I have in mind (a few hundreds off monthly). Cost of living is always increasing and if not managed properly, I cannot keep pace with my investment targets. Presently, I'm still some ways off 60K p.a. (an amount that I see as a prerequisite to help me meet the target.)

    I will continue my journey to pick up knowledge in Data Science and learning Python in my free time, as well as find opportunity in my present line of work (manufacturing) to apply these knowledge so it also becomes work experience I can put up onto my skillset. Either I continue staying in manufacturing environment but manage it in a way the new skillsets can pivot me towards career progression, or I change my career path altogether.

    On a more personal side, the plan is to try to start a family after 1Q2021. I am still trying to figure out how to ensure I can still keep to my investment targets in the years ahead thereafter.

    (back to top)

    Tuesday, December 1, 2020

    Portfolio - November 2020

    Hi readers, hope everyone is doing well... We're now just 1 month away from wrapping up 2020. It's crunch time at work - so I'm just keeping this a very short Portfolio update.

    NOTE: Stock prices shown in this portfolio update is based on closing prices on 30 November 2020.

    Interesting, kind of a sharp fall in STI components on 30 November 2020.


    See: Link to Main Portfolio page

    Contents:

    1. Portfolio (30 November 2020)
    2. Transactions and Dividends
    3. Closing Thoughts




    Portfolio (30 November 2020)





    Performance

     




    Some commentary on my portfolio
    • I'm kind of surprised Wilmar is not trending higher. It looks like I will be holding it quite a while.
    • It's pleasing to see some recovery from October 2020 (See: October 2020 Portfolio update), just a bit lower than September 2020.
    (back to top)

    Transactions and Dividends 

    (a) Transaction Summary
    • No transaction was done in the month of November 2020.
    (b) Dividend Summary
    • No new dividend declared or received in the month of November 2020.

    (back to top)

    Closing Thoughts
    I think I may have spoke too soon about Phase 3 drawing nearer. If we are not careful, community cases might go on an uptrend again. Let's be vigilant.

    I'm trying to get some units for Credit Bureau Asia's IPO (this falls under December 2020 / Year end Portfolio update if successful).

    I'm expecting to continue keeping to portfolio updates for the few months ahead, but I hope to do a bit more.


    Sunday, November 1, 2020

    Portfolio - October 2020

    October marks the beginning of 4Q 2020. Towards the final week of October, the market started seeing increased volatility.


    See: Link to Main Portfolio page

    Contents:

    1. Portfolio (31 October 2020)
    2. Transactions and Dividends
    3. Closing Thoughts




    Portfolio (31 October 2020)





    Performance

     



    Some commentary on my portfolio
    • With the exception of Fu Yu Corp (SGX: F13) which dropped only half a cent, the portfolio saw a significant drop. Overall, the portfolio value has changed by about -7.5%.
    (back to top)

    Transactions and Dividends 

    (a) Transaction Summary
    • No transaction was done in the month of October 2020.
    (b) Dividend Summary
    • No new dividend declared in the month of October 2020. (Wilmar's ~15% proceed from YKA IPO is not counted at the moment)
    • No new dividend received in the month of October 2020.

    (back to top)

    Closing Thoughts
    I am seeing some opportunities for fellow investors to accumulate positions with the increased volatility in the market. It's also a pity I did not offload Wilmar (it has not hit my target price yet) when it hit 4.6x - 4.7x. Previously, in my September 2020 Portfolio update, I had also mentioned toying with the idea of offloading Fu Yu Corp to increase position on stocks belonging to my current portfolio. 

    Read: Portfolio update for month of September 2020.

    Observing the market movement, this thought has once again presented itself. The near-term weakness in market, the indifference in Fu Yu Corp's stock price movement, and the possibility of near-term catalyst coming sooner to my other position than Fu Yu Corp is the reasoning behind this thought. Decisions, decisions...

    I guess if I do take action, you will see it in next month's Portfolio update. Haha.

    Other than market matters, I guess it's been a while since I shared any updates for personal events? If you are curious, here goes:

    (1) I have recently just completed a high-key In-Camp Training (ICT). It was a good change of pace from work affair, and give opportunities to catch up with peers from the same unit.

    (2) Taking advantage of the lower interest rate, I am working to change from HDB Concessionary Loan to a DBS 5-year 1.5% Fixed rate loan. (Thanks for the heads-up on Red Brick Mortgage Advisory, B!)

    (3) Started to learn about Data Science, either to explore opportunities that also combines knowledge as a Mechanical Engineer in a manufacturing environment, or to explore an opportunity towards a change in career altogether.

    Phase 3 is probably around the corner, and it is just a matter of time before announcements are out. It is fortunate the Covid-19 situation in Singapore is contained, but we should still be vigilant, until it has been eradicated altogether. Stay safe, all!

    Wednesday, September 30, 2020

    Portfolio - September 2020

    It is the end of Sep 2020, bringing 3rd quarter of 2020 to a close.


    See: Link to Main Portfolio page

    Contents:

    1. Portfolio (30 September 2020)
    2. Transactions and Dividends
    3. Closing Thoughts




    Portfolio (30 September 2020)




    Performance

     
    From this month onward, I have added Capital Injection (CI) into the graph, so as to show any increase or decrease not owing to stock movement. The Portfolio Value is inclusive of CI by itself.

    Some commentary on my portfolio
    • Wilmar dropped to 4.1x range for a bit before climbing back to 4.3x - 4.4x.
    • Took action on my portfolio this month - I drew down remaining amount from war chest, topped up a little bit from my wallet and added more Lendlease Global Commercial REIT (SGX:JYEU), or LREIT for short. This brings down my average price to ~0.73 SGD per unit.
    (back to top)

    Transactions and Dividends 

    (a) Transaction Summary
    • Bought 4500 units of LREIT on 4 September 2020 at SGD 0.645 each.
    (b) Dividend Summary
    • No new dividend declared in the month of September 2020
    • Received approximately SGD 145.30 in dividends for month of September 2020.
      • PRIME US REIT (SGX: OXMU): SGD 34.80 
      • Lendlease REIT: SGD 72
        • DPU of SGD 0.048
      • Fu Yu (SGX:F13): SGD 38.5
        • Dividend of SGD 0.0035 per unit

    (back to top)

    Closing Thoughts

    Going forward, short of any rights issue, I do not expect to further top up additional capital for the remainder of the year. However I have not ruled out any possibility of cycling funds ("change horse") within the portfolio. 

    For instance, a thought I have at the moment is how Fu Yu is dragging my portfolio performance because I bought at a high. Could the money be deployed elsewhere that would benefit my portfolio more in spite of Fu Yu's good business fundamentals?

    In addition, I have started to think of my investment plan going forward. Currently thinking that I am likely focus on mid-term (think holding period of 3-5 years?). I could lean towards banks, or certain cyclical industries. Wilmar is currently a short-term play (could be multi-month play, but may stretch up to 2 years max). Let's see how it goes.

    Other than that, I have been trying to figure out how to automate data extraction to facilitate portfolio updates. It takes multiple steps for me to get my data, and introduces human error as well. Tried some solutions that was supposed to call the stock prices from Yahoo Finance into Excel but to no avail. Hope I find some ways around this.

    Monday, August 31, 2020

    Portfolio - August 2020

    It is the end of Aug 2020 and this means it's time for the monthly portfolio update! There is a bit of activity this month (read on).


    See: Link to Main Portfolio page

    Contents:

    1. Portfolio (31 August 2020)
    2. Transactions and Dividends
    3. Closing Thoughts




    Portfolio (31 August 2020)





    Performance



    Some commentary on my portfolio
    • Finally took action on my portfolio - I drew down SGD 4400 from war chest and added Wilmar (SGX:F34) at SGD 4.37 each (and SGD 30 for brokerage fees) due to the 10% drop in price which I deem unrelated to its fundamentals. It is one of the stocks I had been eyeing after news of Wilmar's YKA Listing started coming out. How long will I hold this for? Somewhat undecided between short term punt or up to a couple of years.
    (back to top)

    Transactions and Dividends 

    (a) Transaction Summary
    • Bought 1000 units of Wilmar on 20 August 2020 at SGD 4.37 each. As it has gone XD on 17 August 2020, I am not entitled to the interim dividend of SGD 0.04.
    (b) Dividend Summary
    • No dividend received in the month of August 2020
    • Expecting to receive approximately SGD 158 in dividends for month of September 2020.
      • PRIME US REIT declared DPU of 3.52 2.56 US cents (approximately SGD 0.048 0.0348)
        • XD on 14 August 2020
        • Correction done on 30-09-2020
      • Lendlease REIT declared DPU of SGD 0.048
        • XD on 18 August 2020
      • Fu Yu declared dividend of SGD 0.0035 per unit
        • XD on 7 September 2020

    (back to top)

    Closing Thoughts

    The community cases in Singapore have been kept relatively contained, having hanged around single digit for a while. It is a relief, but we must not get complacent.

    On the investing front, my purchase in Wilmar leaves me with ~39% of warchest (inclusive of upcoming dividends) and I am considering my next course of action what to do with the remainder. I foresee making a choice between adding to an existing position, but we shall see yeah?

    An interesting read I came across is posted by Financial Horse, whom recently wrote on his concern for how the next phase of COVID-19 could play out, and it's something I mostly, if not wholeheartedly agree with.

    Read: Financial Horse - Why I am Worried About the Next Phase In Stocks

    Elsewhere, US Presidential Election is also around the corner, scheduled to take place in November 2020. The period leading up till then could see increase volatility, and that could produce more opportunities to add positions.

    Stay safe, all.