"Aug 13" - SG Transactions & Portfolio Update"


 No.
 Counters
No. of Lots
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
FraserCenter Point Trust
26
1.765
45,890.00
24.0%
2.
Vicom
6
4.66
27,960.00
14.0%
3.
SPH
6
3.97
23,820.00
12.0%
4.
FraserCommercial Trust
13
1.215
15,795.00
8.0%
5.
First Reit
13
1.05
13,650.00
7.0%
6.
Ascott Reit
9
1.225
11,025.00
6.0%
7.
Neratel
20
0.76
15,200.00
8.0%
8.
SembCorp Ind
2
4.97
  9,940.00
5.0%
9.
Boustead
7
1.325
  9,275.00
5.0%
10.
Ascendas Hosp. Trust
7
0.745
  5,215.00
3.0%
11.
Second Chance
12
0.455
  5,460.00
3.0%
12.
China Merchant Pacific
6
0.845
  5,070.00
3.0%
13.
Noble
4
0.83
  3,320.00
2.0%

Total SGD


191,620.00
 100.00%


The portfolio has gone down quite a bit from last month due to small market correction we had in the market. The portfolio was down about S$7K this month but I am not overly concerned about it as I am keeping it for income and it has served purposefully the past few years. In fact, I have taken the opportunity during the correction to load a little bit more of these shares. I've also changed the layout for the portfolio to reflect the allocation % so that it will be easier to see how heavy is the portfolio leaned towards a certain industry.

I've sold off all QAF shares at the peak of its price at $1.05 before it reported its earnings which I had expected to disappoint. Margins and EBIT were compressed heavily and the price plummeted downwards before hitting stable at ~$0.90.

I have also added more First Reit this month due to the heavy correction it has made in the past few days. I think we'll see $1.00 to be a strong support and the shares seem to be stabilised around that price now. After these additions, my portfolio has now about 48% allocation of Reits and Trusts.

I think there will be much volatility during these and next month so I am keeping more cash on hand to take advantage of any further correction.