Tuesday, September 30, 2014

[SGX Portfolio] September 2014 Update

As mentioned previously, this will be my attempt at having a monthly update of my SGX portfolio.

Here are the current stats of the portfolio as of end September 2014.

                                                                         Lots         Average Price   Dividends Collected
Croesus Retail Trust
1
0.900
$54.00
Saizen REIT
1
0.875
$31.00
CDW
1
0.131
$6.26
Asian Pay TV Trust
1
0.760
$41.20
Lippo Malls Retail Trust
1
0.405
$6.80
New Toyo
1
0.290
-
Chuan Hup
1
0.285
-
Hotung
3
0.149
-
OUE Commercial REIT
1
0.805
-
Hock Lian Seng
1
0.270
-
Global Investments
3
0.141
-
Perennial CRT
1
0.520
-
Singapore Reinsurance
1
0.295
-

Total Cost     $6,406    
Unrealized Gains$121
Realized Gains$0.56
Dividends Collected$139.26

*Realized Gains will take into account the final net profit or loss after including transaction costs to close a long position on a security. Dividends for closed positions will be grouped under realized gains. Dividends that has been collected for positions still held (which are realized) are separately counted.

Annual income from dividends is now expected to be about $450 for a full year, but of course I collected some and miss out others. I am expecting only 1 of my counters to pay out dividends next month, and it is New Toyo.

Based on the dividends I am expected to collect, my portfolio dividend yield on cost is estimated to be about 7.2%.

I am currently working to create a watchlist that only have very fundamentally solid, dividend counters. This will reduce my future screening time and whenever there is broad market weakness, I will look for the most promising counters and purchase them on dips.

I have identified good and simple business models, but I have yet to delve deeper into the financials of most of the companies that are on my current watchlist now. The watchlist is quite big, around 70+ stocks, which comprises about 10% of the SGX listings. I am looking to trim it down a bit.

I am also looking forward to the drop in share lots from 1000 to 100, because it will enable me to have access to much more companies that used to have a very high capital requirement. However, this will only happen in Jan 2015. I will start checking the fundamentals of the companies that I look to add in my future watchlist though.

I am resisting loading up on shares even though I see some very tempting picks. Markets rarely go sideways for so long, so something is definitely happening behind the scenes.

1 comment:

  1. Hi MH,

    I have 3 stocks CRT, APTT and LMIRT coincidently almost same cost as you. Just received the dividends for CRT and APTT too. Not too shabby!
    Let's hope they do well.

    Agree that Market is moving sideways lately and prices had dipped. Not sure if its a good sign to fish some stock or should wait further? We shall see.

    Just like B, I like your nick name a lot.

    Rolf

    ReplyDelete

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