On a break

Marksman's Investment Corner is currently on a short break - expect activities to pick up from July 2018 onwards!

Are you for or against the merger between Alliance Minerals Assets Limited and Tawana Resources?

Sunday, April 29, 2018

Portfolio Update - 28 April 2018


It's time for another portfolio update!



Income Portfolio





Counters / Assets
Units
Market Price (SGD)
Overall Value based on market price (SGD)
Allocation
1
Cromwell European REIT
1000
0.96
960
6.25%







Growth Portfolio





Counters
Units
Market Price (SGD)
Overall Value based on market price (SGD)
Allocation
2
Alliance Mineral Assets (AMAL)
40000
0.36
14400
93.75%







Cash / Non-Stock Assets





Counters
Units
Market Price (SGD)
Overall Value based on market price (SGD)
Allocation
3
Warchest
1
0
0
0.00%

Total SGD


15360
100.00%





Transaction
1) Sold Cache Log Trust at 0.830 to fund my home purchase.
- Overall Gain of 13.3% (~12% from Dividends over 2.25 years)
- Low % from dividends and capital gains as my purchase was not in 1 lump sum
- Participating in the rights issue played a major role in giving me a very slight capital gain, allowing me to recover from my mistake in purchasing at a high price.
- In spite of the rising interest rate, I still believe in Cache Log Trust's long-term prospect, especially when Australian properties are now the majority of its portfolio. A week ago, I briefly covered on investing in REITs during this period of time, along with the flow of smart monies.

2) Withdrew Warchest to cater for home purchase and I foresee not being able to accumulate funds to invest in the market for at least a good remaining part of the year. Much of our income will be tapped upon to pay off credit card bills for the rest of the big ticket items.

Other Portfolio Matters
1) As my activity in the stock market will be greatly reduced for the rest of this year, my portfolio updates for the rest of this year will be set more on a quarterly manner, starting from end of June 2018. This also accomplishes having a regular update schedule for my portfolio while I once again accumulate capital to re-enter the market. When that happens, portfolio updates will probably be more frequent than being on quarterly basis.

2) My home purchase is pretty much the sole responsible reason to liquidate Cache Log Trust, Frasers Logistics and Industrial Trust and Capitaland Mall Trust at this point of time. I can confidently reiterate that otherwise I would still be comfortable to hold these stocks for longer term. Hopefully by the time I re-enter the market, REITs and solid high-dividend companies are at a more attractive valuation (Oei don't kill me ar. Haha).

3) I will probably tweak my portfolio sharing to include passive income as well - this will include yield on cost per stock, on a portfolio level, and on overall view.

Stay tuned!

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