| No. | Counters | No. of Shares | Market Price (SGD) | Total Value (SGD) based on market price | Allocation % |
| 1. | China Merchant Pacific | 69,000 | 1.06 | 73,140.00 | 25.0% |
| 2. | FraserCenter Point Trust | 30,000 | 2.03 | 60,900.00 | 21.0% |
| 3. | SembCorp Industries | 10,000 | 4.26 | 42,600.00 | 15.0% |
| 4. | Vicom | 6,000 | 6.58 | 39,480.00 | 14.0% |
| 5. | Mapletree Greater China Commercial Trust | 20,000 | 1.03 | 20,600.00 | 7.0% |
| 6. | FraserCommercial Trust | 11,000 | 1.49 | 16,390.00 | 6.0% |
| 7. | Neratel | 20,000 | 0.77 | 15,400.00 | 5.0% |
| 8. | ST Engineering | 4,000 | 3.55 | 14,200.00 | 5.0% |
| 9. | Stamford Land | 10,000 | 0.56 | 5,600.00 | 2.0% |
| 10. | King Wan | 5,000 | 0.31 | 1,550.00 | 1.0% |
| | Total SGD | | | 289,860.00 | 100.00% |
It has been a relatively busy months of activities since my last Jan portfolio update which you can view here. First, I sold off my shares in OUE Ltd (Link here). A few days later, I also divested my shares in Ascott which I have been holding for years. You can view the post here if you are interested.
I reallocated some of the proceeds into accumulating some of the shares in China Merchant Pacific and Sembcorp Industries. You can refer to my Recent Transactions update should you wish to know more regarding the detail. I also blogged a few times this month into Sembcorp Industries which you can find in my previous posts.
Overall, the earnings and reporting season for the companies in my portfolio I am currently holding have been satisfactory, which leads to the run up in its price. I am still awaiting for the full year announcement for China Merchant Pacific and Neratel and expect both of them not to disappoint. Finger cross on this.
The overall portfolio has increased from the previous month of $282,570 to $289,860 this month. This was due to the recent run-up in a few of the holdings which brings the total market value upwards by quite a bit this month. The estimated annual dividends from the portfolio is $15,148, which is yielding at 5.22%.
I know that we are only in the second month of the year but I am certain enough that I am going to fail this year portfolio objective by quite a bit. As some of you might already know, I am trying to build up quite a substantial bit of cash position which I have done so in Jan and Feb this year. As we are approaching a further run-up seemingly bullish feeling in the market price, I may need to relook at some of the strategies and holdings to see where their current valuations are at the moment. In other words, I may sell to take off some profits in order to build a sizeable cash position where I can deploy when there are better valuations out there during correction. There are definitely a few which I think is at fair or undervaluation so I will continue to keep them.
How is your portfolio doing for February? What is your current strategy towards the market?
