This month, we are at the top of the charts, NASDAQ and Dow is making new highs almost everyday and Japan Nikki also making new 15 years high as they are out of recession. The market slide abit also because of worries that Fed will raise interest rate too much or too soon. And so Fed said they are not going to raise rate in 2015 as US economy was rather weak. So market reacted positively to this piece of news. This month we also lost our first PM Mr Lee Kuan Yew. I was expecting SG market to react abit to this not so sudden bad news, because PMO kept sending updates on LKY's health, everyone kinda prepared for the bad news.
Up and down, up and down as usual.
This month I added Hotung into my portfolio.
Hotung has been in my watchlist for a long time. It is a long time, diversified investment company with more than 100+ companies in its portfolio paying high dividend of 8.6% with PE 13, below NAV of PB 0.51 only and no debt :) There is a ongoing buy-back annual exercise.
Also added defensive blue chip ST Engineering into my portfolio. Doesn't have impressive PE, PBR but is consistently giving out dividends with very low debt. Cheers, I got another blue chip :)
STI vs my portfolio
This month, I lost to STI mainly due to XD of my Global Inv which is currently my largest holding. I will see a bump up next month when they give me my dividend scrips. Second Chance sees 36% fall in 2H net profit to $4.2 million and dragged down my portfolio abit. Overall STI is flaring much better than last month. Maybe better luck next month :)
|Period||STI||My Portfolio (Realised)||Verdict|
|Jan 2015||2.71%||3.21%||I win |
|Feb 2015||2.41%||2.16%||I lose |
|Mar 2015||3.31%||0.62%||I lose |
This month I pocketed a little dividend from Lippo Mall Tr and Asian Pay TV Tr
Checkout my Dividend history