Monthly Statement - June Profits

Just received my monthly statement from UOB Kayhian and my June profits was great for a good investment start. As we are now currently in July, I am expecting a slower return but my stock is still performing at a good rate. My portfolio currently hold at one stock and I am heavily invested for a longer swing for a bigger return. This shall be my long term investment.

As for short term trades, I am constantly looking for good counters for trading in/out. The market has now reached a critical point where I am quite careful of some major turning points. Picking the right stock is important but timing the market conditions carefully will be the key. I hope to send out more Whatsapp alerts soon. Stay tune.



Ronald K - Market Psychologist - A Stock Market Opportunist

My Investment Portfolio (June 2016)

Brexit. The only word to describe market activities for this month. The volatile day to day movements presented opportunities for traders and investors alike. Whether its Brexit correction, post-Brexit rally etc, markets had been irrational at times. As long term investors, we should instead focus on the fundamentals of the companies that we are investing in, rather than being affected by short term market noises. Surprisingly, despite a volatile month, STI ended higher than last month at 2840 points. 

For this month, I have attended the following AGMs/EGMs/briefings - Natural Cool, General Magnetics, Cheung Woh, Transit-Mixed Concrete, Noble Group, Ascendas India Trust and Imperium Crown.

For my top 30 holdings, Best World continues its good run on news that its direct selling license in China had been secured. Isetan returned to the list after announcing that it will be selling its property at 112 Killiney Road. CapitaLand is also back into list after I accumulated the stock this month on share price weakness.

I have bought the following companies from the market this month - Bukit Sembawang Estates, BBR, CapitaLand, Chuan Hup, Hong Fok, iFAST, Kencana, Keppel Corp, Koh Brothers, LTC Corp, Mandarin Oriental, Overseas Education, Pan Hong, S i2i, Sing Holdings, SembCorp Industries, S'pore Shipping, UOL, Wing Tai and Yeo Hiap Seng. No sell trade was done.

I have participated in the following scrip dividend schemes this month - Aspial, AusNet Services, China Everbright, DBS, Maxi-Cash, OCBC, Raffles Medical, Tuan Sing, UIC, United Overseas Australia, UOB Kay Hian and UOL.

I have also accepted the following voluntary delisting/cash offers this month - CM Pacific, NOL and Select Group. My stake in Lantrovision was also being acquired via scheme of arrangement.

Next month will be another AGM season as most companies having financial year ending 31 March 2016 will be holding their AGMs. As usual, I will be attending some of these AGMs to get updates on the performance of these companies. I will also be conserving some cash to participate in Noble Group rights issue.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 June 2016)

Top 30 Holdings (Sing$ Denominated shares)
1. United Engineers
2. Metro Holdings
3. Jardine C&C
4. Bonvests
5. Haw Par
6. Sarine Technologies 
7. Hong Fok
8. Hotel Grand Central
9. A-REIT
10. The Hour Glass
11. SGX
12. Hotel Royal
13. Bukit Sembawang Estates
14. Best World
15. Singapura Finance
16. Keppel T&T
17. GK Goh 
18. Old Chang Kee
19. UOL
20. Hong Leong Finance
21. ComfortDelgro
22. Hiap Hoe
23. Far East Orchard
24. CapitaMall Trust
25. Hotel Properties
26. Sing Investment & Finance
27. Isetan
28. Spindex
29. CapitaLand
30. Stamford Land 

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Hong Kong Land 
3. Mandarin Oriental  
4. Jardine Matheson
5. Dairy Farm 

Top Holdings (HK$ Denominated shares)
1. Fortune REIT
2. Shangri-La Asia

Top Holdings (Aust$ Denominated shares)
1. AV Jennings

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
4. A-REIT
5. Challenger Technologies

My Hong Kong Stock Portfolio
1. Peace Mark Holdings - Under Voluntary Liquidation

My Australia Stock Portfolio
1. GPS Alliance Holdings Limited

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Dongshan Group Ltd (formerly known as Greatronic Limited)
4. General Magnetics
5. Fastech Synergy
6. Beauty China- Under Liquidation
7. Memory Devices
8. Jurong Tech - In liquidation - Compulsory winding up (Insolvency)
9. FM Holdings
10. Zhonghui - In liquidation - Compulsory winding up (Insolvency)
11. FerroChina - Under Liquidation
12. FirstLink Investments
13. NEL Group
14. Jets Technics
15. Guangzhao Industrial Forest - In liquidation - Compulsory winding up (Insolvency)
16. Hongwei Technologies Limited (In Provisional Liquidation)
17. FDS Networks Group
18. Aussino Group - In liquidation - Creditors' voluntary winding up
19. China Oilfield Technology
20. China Milk Products Group

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

My Investment Portfolio (May 2016)

The rally near the end of the month was halted during the afternoon session of the last trading day of the month. Otherwise, STI had difficulty breaking 2800 points to close the month just short of that level. It had been a quiet trading month with focus mainly on the US interest rate hike. 

For this month, I have attended the following AGMs/EGMs/briefings - Lantrovision, Delfi (formerly known as Petra Foods), Plato Capital, Camsing Healthcare, Weiye and Low Keng Huat.

For my top 30 holdings, Best World is a new entry to the list. The stock had done extremely well mainly due to its high growth potential in Taiwan and China. Companies that reported full-year results this month that had done well include Metro Holdings, Bukit Sembawang Estates, The Hour Glass and Old Chang Kee. Stamford Land though disappointed in their full-year results when they cut their dividend payout and also impairments made in their investment properties.

I have bought the following companies from the market this month - Chuan Hup, Elec and Eltek, FSL Trust, GLP, GP Batteries, Heatec Jietong, Heeton, Hong Kong Land, Hotung, iFAST, IPC Corp, Jadason, Jardine Strategic, Keppel T&T, Koh Brothers, Pacific Century, SembCorp Industries, Singapore Index Fund, Stamford Land, UIC, UOI and Yeo Hiap Seng. No sell trade was done.

I have participated in the following scrip dividend schemes this month - First REIT, Frasers Commercial Trust, Jardine Matheson, Jardine Strategic, Keppel REIT and MapleTree Commercial Trust. I have also converted the following company warrants to shares - SHS Holdings.

Next month will be another quiet month for me. As there had been a cash drag due to the dividend payout from companies in May, I will be looking to re-invest those dividends slowly and prudently back into the market.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 May 2016)

Top 30 Holdings (Sing$ Denominated shares)
1. United Engineers
2. Metro Holdings
3. Bonvests
4. Jardine C&C
5. Haw Par
6. Sarine Technologies 
7. Hong Fok
8. The Hour Glass
9. SGX
10. Hotel Grand Central
11. GK Goh 
12. A-REIT
13. Bukit Sembawang Estates
14. Singapura Finance
15. Hotel Royal
16. Keppel T&T
17. Old Chang Kee
18. Best World 
19. Hong Leong Finance
20. UOL
21. Hiap Hoe 
22. ComfortDelgro
23. Hotel Properties
24. Far East Orchard
25. CapitaMall Trust
26. Sing Investment & Finance
27. Spindex
28. VICOM
29. First REIT
30. Stamford Land 

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Hong Kong Land 
3. Mandarin Oriental  
4. Jardine Matheson
5. Dairy Farm 

Top Holdings (HK$ Denominated shares)
1. Shangri-La Asia
2. Fortune REIT

Top Holdings (Aust$ Denominated shares)
1. AV Jennings

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
4. A-REIT
5. Challenger Technologies

My Hong Kong Stock Portfolio
1. Peace Mark Holdings - Under Voluntary Liquidation

My Australia Stock Portfolio
1. GPS Alliance Holdings Limited

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Dongshan Group Ltd (formerly known as Greatronic Limited)
4. General Magnetics
5. Fastech Synergy
6. Beauty China- Under Liquidation
7. Memory Devices
8. Jurong Tech - In liquidation - Compulsory winding up (Insolvency)
9. FM Holdings
10. Zhonghui - In liquidation - Compulsory winding up (Insolvency)
11. FerroChina - Under Liquidation
12. FirstLink Investments
13. NEL Group
14. Jets Technics
15. Guangzhao Industrial Forest - In liquidation - Compulsory winding up (Insolvency)
16. Hongwei Technologies Limited (In Provisional Liquidation)
17. FDS Networks Group
18. Aussino Group - In liquidation - Creditors' voluntary winding up
19. China Oilfield Technology

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

My Investment Portfolio (April 2016)

STI ended the month at around the same level as last month, though it had been weak towards the end of the month. Otherwise, it had been an uneventful month with not much movements in most of the major stocks in the index.

For this month, I have attended the following AGMs/EGMs/briefings - AV Jennings, Biosensors, CEI, CapitaLand Retail China Trust, CapitaLand Mall Trust, CapitaLand Commercial Trust, CapitaLand, SembCorp Industries, Sarine Tech, NOL, UOI, Yeo Hiap Seng, GK Goh, Combine Will, First Sponsor, Hwa Hong, Koh Brothers, KingBoard Copper Foil, TSH and Haw Par.

For my top 30 holdings, Raffles Medical is a new entry to the list. The stock had done well for the past few months and it continued to do so, outperforming the other stocks. Not much changes to the other holdings in the list except for Metro and Shangri-La Asia, which had performed well for the past two months. Metro might be due to expectation of good full-year result to be announced in May and also maybe a special dividend that will be declared. For Shangri-La Asia, it had been sold down badly and the recent upside might be making up for the lost ground.

I have bought the following companies from the market this month - CapitaLand, IPC Corp, Keppel Corp, Koh Brothers, Metro, SembCorp Industries, TSH, UOL and Yeo Hiap Seng. I have also closed my position in MFS Tech.

I have participated in the following scrip dividend scheme this month - Global Investments.

I have also accepted the following voluntary delisting/cash offers this month - China Dairy and OSIM International. My stake in Biosensors was also being acquired via share amalgamation.

Next month will be a quiet month for me. As usual, I will do some catch-up reading on those annual reports that I have missed out in April. I will also be re-investing the dividends to be received in May prudently and slowly back into the market.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 April 2016)

Top 30 Holdings (Sing$ Denominated shares)
1. United Engineers
2. Metro Holdings
3. Jardine C&C
4. Haw Par
5. Bonvests
6. Sarine Technologies 
7. Hong Fok
8. Hotel Grand Central
9. A-REIT
10. Hotel Royal
11. SGX
12. Singapura Finance
13. The Hour Glass
14. GK Goh
15. UOL
16. Bukit Sembawang Estates
17. ComfortDelgro 
18. Hong Leong Finance
19. Far East Orchard
20. Old Chang Kee
21. Keppel T&T
22. Hotel Properties
23. Sing Investment & Finance
24. CapitaMall Trust
25. Hiap Hoe
26. Isetan
27. Stamford Land 
28. VICOM
29. Raffles Medical
30. Spindex

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Hong Kong Land 
3. Mandarin Oriental  
4. Jardine Matheson
5. Dairy Farm 

Top Holdings (HK$ Denominated shares)
1. Shangri-La Asia
2. Fortune REIT

Top Holdings (Aust$ Denominated shares)
1. AV Jennings

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
4. A-REIT
5. Challenger Technologies

My Hong Kong Stock Portfolio
1. Peace Mark Holdings - Under Voluntary Liquidation

My Australia Stock Portfolio
1. GPS Alliance Holdings Limited

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Dongshan Group Ltd (formerly known as Greatronic Limited)
4. General Magnetics
5. Fastech Synergy
6. Beauty China- Under Liquidation
7. Memory Devices
8. Jurong Tech - In liquidation - Compulsory winding up (Insolvency)
9. FM Holdings
10. Zhonghui - In liquidation - Compulsory winding up (Insolvency)
11. FerroChina - Under Liquidation
12. FirstLink Investments
13. NEL Group
14. Jets Technics
15. Guangzhao Industrial Forest - In liquidation - Compulsory winding up (Insolvency)
16. Hongwei Technologies Limited (In Provisional Liquidation)
17. FDS Networks Group
18. Aussino Group - In liquidation - Creditors' voluntary winding up
19. China Oilfield Technology

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

My Investment Portfolio (March 2016)

STI ended the month at around 2840 points, regaining much of the lost ground from the loss early this year but still ended the quarter down as compared to the start of the year. Still, it is the best performing month this year after the January market crash. Markets were helped by news that the US Fed would not hike interest rate so soon.

For this month, I have attended the following AGMs/EGMs/briefings - Saizen REIT, Del Monte, 8Telecom, Envictus, Techcomp and Mermaid.

For my top 30 holdings, Spindex is a new entry after it had done well for this month. Shangri-La Asia is also another new name in the HK$ denominated list after I added more to the stock and also due to its decent run-up after announcing their full-year results. Not much changes to the other holdings in the list except for Sarine Technologies, which continued to be volatile in its price movements and moved up a few places this month.

I have bought the following companies from the market this month - Broadway, Combine Will, Elec & Eltek, GLP, Hiap Seng, Hong Kong Land, Hotel Royal, Hwa Hong, Jardine Strategic, Mandarin Oriental, Shangri-La Asia, UIC, UOL and Yeo Hiap Seng. No sell trade was done.

I have participated in the following scrip dividend scheme this month - CapitaLand Retail China Trust. I have also subscribed to the following rights issue - OUE H Trust.

Next month will be a very busy one for me as the hectic AGM season goes into full swing. Most companies with financial year ending 31 December 2015 will be holding their AGMs in April. As usual, I will be attending some of these AGMs to get some updates from those companies and their strategies and business outlook ahead.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 March 2016)

Top 30 Holdings (Sing$ Denominated shares)
1. United Engineers
2. Jardine C&C
3. Metro Holdings
4. Bonvests
5. Sarine Technologies 
6. Haw Par
7. Hong Fok
8. SGX
9. Hotel Grand Central
10. A-REIT 
11. Singapura Finance
12. Hotel Royal
13. The Hour Glass
14. UOL   
15. Hong Leong Finance
16. Old Chang Kee
17. ComfortDelgro 
18. Keppel T&T
19. GK Goh
20. Bukit Sembawang Estates
21. Hotel Properties
22. Isetan
23. Far East Orchard
24. Hiap Hoe
25. Sing Investment & Finance
26. CapitaMall Trust
27. VICOM
28. Spindex
29. Stamford Land
30. CapitaLand

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Hong Kong Land 
3. Mandarin Oriental  
4. Jardine Matheson
5. Dairy Farm 

Top Holdings (HK$ Denominated shares)
1. Fortune REIT
2. Shangri-La Asia

Top Holdings (Aust$ Denominated shares)
1. AV Jennings

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
4. A-REIT
5. Challenger Technologies

My Hong Kong Stock Portfolio
1. Peace Mark Holdings - Under Voluntary Liquidation

My Australia Stock Portfolio
1. GPS Alliance Holdings Limited

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Dongshan Group Ltd (formerly known as Greatronic Limited)
4. General Magnetics
5. Fastech Synergy
6. Beauty China- Under Liquidation
7. Memory Devices
8. Jurong Tech - In liquidation - Compulsory winding up (Insolvency)
9. FM Holdings
10. Japan Land - In liquidation - Members' voluntary winding up. Final meeting on 14 Apr 2016.
11. Zhonghui - In liquidation - Compulsory winding up (Insolvency)
12. FerroChina - Under Liquidation
13. FirstLink Investments
14. NEL Group
15. Jets Technics
16. Guangzhao Industrial Forest - In liquidation - Compulsory winding up (Insolvency)
17. Hongwei Technologies Limited (In Provisional Liquidation)
18. FDS Networks Group
19. Aussino Group - In liquidation - Creditors' voluntary winding up
20. China Oilfield Technology

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

My Investment Portfolio (February 2016)

STI ended the month at around 2666 points, a little bit better than last month but confidence is still weak. Markets had been digesting the full year results for companies with financial year ending December 2015. Overall, it had been mostly a weak set of numbers especially for companies in the Oil & Gas sector. Companies had also painted a cautious outlook but I guess the market might have discounted most of these bad news.

For this month, I have attended the following AGMs/EGMs/briefings - Zagro Asia, A-REIT and Petra Food.

For my top 30 holdings, United Engineers moved back to the top of the list after it announced the sale of MFLEX. Another major mover is CapitaMall Trust after investors bought back REITs in anticipation of lower possibility of interest rate hike. Isetan disappointed with a poor set of results and also cut its final dividend payout. Tat Seng is a new entry in the list after it announced a decent set of full-year results and also rewarded shareholders with a special dividend.

I have bought the following companies from the market this month - A-REIT, Bonvests, CapitaLand, Chuan Hup, DBS, Federal, GLP, Hiap Seng, Hong Kong Land, Isetan, Keppel Corp, Koyo International, SembCorp Industries, Shangri-La Asia, Sing Investment & Finance, ST Engineering, UIC and UOL. No sell trade was done.

I have accepted the following voluntary delisting/cash offers this month - Texchem-Pack and Zagro Asia. I have also participated in the following scrip dividend schemes - Cambridge, First REIT, Frasers Commercial Trust, Keppel REIT, MapleTree Commercial Trust, MapleTree Industrial Trust and MapleTree Logistics Trust.

Next month will be the start of the AGM season and some companies with financial year ending 31 December 2015 will be holding their AGMs. As usual, I will attend some of them to get some updates from these companies. I will also be looking to buy some undervalued blue chips as the recent market downturn had presented some opportunities to buy quality stocks at a decent price.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 29 February 2016)

Top 30 Holdings (Sing$ Denominated shares)
1. United Engineers
2. Jardine C&C
3. Metro Holdings
4. Bonvests
5. Haw Par
6. A-REIT 
7. Hotel Grand Central
8. Singapura Finance
9. SGX
10. Hong Fok
11. ComfortDelgro 
12. Sarine Technologies
13. Hotel Royal
14. The Hour Glass
15. Keppel T&T
16. Old Chang Kee
17. GK Goh
18. Bukit Sembawang Estates
19. CapitaMall Trust
20. Hotel Properties
21. Hong Leong Finance
22. Far East Orchard
23. UOL   
24. Isetan
25. Sing Investment & Finance
26. Hiap Hoe
27. VICOM
28. CapitaLand
29. Stamford Land
30. Tat Seng

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Hong Kong Land 
3. Mandarin Oriental  
4. Dairy Farm
5. Jardine Matheson

Top Holdings (HK$ Denominated shares)
1. Fortune REIT
2. Tan Chong International

Top Holdings (Aust$ Denominated shares)
1. AV Jennings

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
4. A-REIT
5. Challenger Technologies

My Hong Kong Stock Portfolio
1. Peace Mark Holdings - Under Voluntary Liquidation

My Australia Stock Portfolio
1. GPS Alliance Holdings Limited

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Greatronic Limited
4. General Magnetics
5. Fastech Synergy
6. Beauty China- Under Liquidation
7. Memory Devices
8. Jurong Tech - In liquidation - Compulsory winding up (Insolvency)
9. FM Holdings
10. Japan Land - In liquidation - Members' voluntary winding up
11. Zhonghui - In liquidation - Compulsory winding up (Insolvency)
12. FerroChina - Under Liquidation
13. FirstLink Investments
14. NEL Group
15. Jets Technics
16. Guangzhao Industrial Forest - In liquidation - Compulsory winding up (Insolvency)
17. Hongwei Technologies Limited (In Provisional Liquidation)
18. FDS Networks Group
19. Aussino Group - In liquidation - Creditors' voluntary winding up
20. China Oilfield Technology

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

My Investment Portfolio (January 2016)

STI ended the month at around 2629 points, continuing its downward movement from last month. Again, fears of China's economy hard landing and low oil prices were the major concerns. Investors sold down stocks across the board, making stock picking a difficult task in this market.

For this month, I have attended the following AGMs/EGMs/briefings - Transcorp, Frasers Commercial Trust, Frasers Centrepoint Trust, Envictus, Noble and F&N.

For my top 30 holdings, Jardine C&C moved back to the top of the list after it outperformed this month. A-REIT is another major mover upwards after I subscribed to its preferential offer. Koyo International dropped out of the list after I sold down the stock.

I have bought the following companies from the market this month - Advanced Holdings, Bonvests, CapitaLand, Chuan Hup, GK Goh, GL, Global Testing, Hong Fok, Hong Kong Land, Jardine Matheson, Jardine Strategic, Kencana, Keppel Corp, Khong Guan, Lantrovision, New Toyo, PM Data, SembCorp Industries, S'pore Shipping, Sunningdale, UIC, UOL, Wing Tai and YHI. I have also reduced my stake in Koyo International and closed my positions in OKH Global and Oriental Group.

I have subscribed to the following preferential offer - A-REIT. I have also participated in the following scrip dividend schemes - Boustead and UOB.

I have also accepted the following voluntary delisting/cash offer this month - Li Heng.

Next month will be a busy reporting season as most companies with financial year ending December 2015 will be reporting their full year results. I will (as usual) go through most of these results. With the market appearing oversold, I will continue to buy good quality stocks at a reasonable price. I might also switch out of lower quality stocks to finance some of these purchases.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 29 January 2016)

Top 30 Holdings (Sing$ Denominated shares)
1. Jardine C&C 
2. United Engineers
3. Bonvests
4. Metro Holdings
5. Sarine Technologies
6. Haw Par
7. Singapura Finance
8. A-REIT 
9. Hotel Royal
10. Hotel Grand Central
11. The Hour Glass
12. Hong Fok
13. SGX
14. Keppel T&T
15. Isetan
16. Bukit Sembawang Estates
17. ComfortDelgro
18. Hotel Properties
19. GK Goh  
20. Old Chang Kee
21. Sing Investment & Finance
22. Hong Leong Finance
23. Hiap Hoe
24. UOL  
25. Far East Orchard
26. CapitaMall Trust 
27. VICOM
28. Stamford Land
29. CapitaLand
30. First REIT

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Hong Kong Land 
3. Mandarin Oriental  
4. Dairy Farm
5. Jardine Matheson

Top Holdings (HK$ Denominated shares)
1. Fortune REIT
2. Tan Chong International

Top Holdings (Aust$ Denominated shares)
1. AV Jennings

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
4. A-REIT
5. Challenger Technologies

My Hong Kong Stock Portfolio
1. Peace Mark Holdings - Under Voluntary Liquidation

My Australia Stock Portfolio
1. GPS Alliance Holdings Limited

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Greatronic Limited
4. General Magnetics
5. Fastech Synergy
6. Beauty China- Under Liquidation
7. Memory Devices
8. Jurong Tech - In liquidation - Compulsory winding up (Insolvency)
9. FM Holdings
10. Japan Land - In liquidation - Members' voluntary winding up
11. Zhonghui - In liquidation - Compulsory winding up (Insolvency)
12. FerroChina - Under Liquidation
13. FirstLink Investments
14. NEL Group
15. Jets Technics
16. Guangzhao Industrial Forest - In liquidation - Compulsory winding up (Insolvency)
17. Hongwei Technologies Limited (In Provisional Liquidation)
18. FDS Networks Group
19. Aussino Group - In liquidation - Creditors' voluntary winding up
20. China Oilfield Technology

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

My Investment Portfolio (December 2015)

STI ended the year at around 2882 points, above last month but down 14% for the year. STI had the "honour" of being the worst performing South East Asia market index for the year. For the month of December, there is not much activity as most investors were on holiday.

For this month, I have attended the following AGMs/EGMs/briefings - SPH, LippoMalls Trust, Ezra, Kencana, Fortune REIT, First REIT and Second Chance Properties.

For my top 30 holdings, Sarine Technologies was again a big mover but this time gaining ground. CapitaLand returned to the list after a decent share price performance as their China developments is expected to do well when they report their full-year results. A-REIT was a poor performer after they announced a fund raising exercise to acquire new assets.

I have bought the following companies from the market this month - AIMS Property, Chuan Hup, First Sponsor, GLP, Hong Kong Land, Hotel Royal, Hotung, IPC Corp, Isetan, Kencana, Keppel T&T, Lion AsiaPac, LTC Corp, Nam Lee, S'pore Shipping, ST Engineering, Stamford Land and UIC. I have closed my positions in Eastern Holdings and Technics Oil & Gas.

I have subscribed to the following rights issues - ARA and CSC. I have also participated in the following scrip dividend scheme - AusNet Services.

Next month will be the start of the new year and market activity is expected to pick up slowly. Companies with financial year ending 30 September 2015 will also be holding their AGM and I will be attending some of these to get some updates. I will also reserve some cash to subscribe for the upcoming A-REIT preferential offer.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 31 December 2015)

Top 30 Holdings (Sing$ Denominated shares)
1. United Engineers
2. Jardine C&C
3. Bonvests 
4. Metro Holdings
5. Haw Par
6. Koyo International  
7. Singapura Finance
8. SGX  
9. Sarine Technologies
10. The Hour Glass
11. Hotel Royal
12. Hotel Grand Central
13. ComfortDelgro
14. Hong Fok
15. Hotel Properties 
16. Keppel T&T
17. Isetan 
18. Bukit Sembawang Estates
19. Old Chang Kee      
20. A-REIT
21. Hong Leong Finance
22. GK Goh 
23. Sing Investment & Finance
24. Hiap Hoe 
25. Far East Orchard
26. UOL 
27. VICOM
28. Stamford Land
29. CapitaMall Trust
30. CapitaLand

Top 5 Holdings (US$ Denominated shares)
1. Jardine Strategic
2. Hong Kong Land 
3. Mandarin Oriental  
4. Dairy Farm
5. Jardine Matheson

Top Holdings (HK$ Denominated shares)
1. Fortune REIT
2. Tan Chong International

Top Holdings (Aust$ Denominated shares)
1. AV Jennings

Top 5 Holdings (CPF OA investment)
1. Keppel Corp
2. Streettracks STI ETF
3. CapitaMall Trust
4. A-REIT
5. Challenger Technologies

My Hong Kong Stock Portfolio
1. Peace Mark Holdings - Under Voluntary Liquidation

My Australia Stock Portfolio
1. GPS Alliance Holdings Limited

My Unlisted Company Portfolio
1. Automated Touchstone Machines Ltd
2. Iconic Global Limited
3. Greatronic Limited
4. General Magnetics
5. Fastech Synergy
6. Beauty China- Under Liquidation
7. Memory Devices
8. Jurong Tech - In liquidation - Compulsory winding up (Insolvency)
9. FM Holdings
10. Japan Land - In liquidation - Members' voluntary winding up
11. Zhonghui - In liquidation - Compulsory winding up (Insolvency)
12. FerroChina - Under Liquidation
13. FirstLink Investments
14. NEL Group
15. Jets Technics
16. Guangzhao Industrial Forest - In liquidation - Compulsory winding up (Insolvency)
17. Hongwei Technologies Limited (In Provisional Liquidation)
18. FDS Networks Group
19. Aussino Group - In liquidation - Creditors' voluntary winding up
20. China Oilfield Technology

My Unit Trust Portfolio:
http://www.fundsupermart.com/main/community/Portfolio_View.svdo?id=P199

Modest Gain in my Unit Trust Portfolio

I seldom keep track of my Unit Trust portfolio as I have spent extensive time to construct it at the onset. It is engineered to pay monthly dividends as a form of consistent profit taking and ideally, the $600k portfolio should be paying 5% dividends and having 0% growth. It was constructed with a balance portfolio in mind, diversified between equities and fixed income; invested across different currencies, geographies and having negative correlation with different asset classes such as US treasuries, equities and soft currencies. 

By and large, the portfolio exhibits low volatility month on month basis. I am actually please to see negative positions as this means that there are some form of negative correlation within the funds. I will be worried if everything is positive (or negative!). 

The investment horizon for the Unit Trust  portfolio is for extended period and rebalancing is not required (ie selling underperformers and buying more winners) as I ignore market noises and continue to receive the monthly dividends. I will opt for dividends reinvestment should a bear market comes. 

The Unit Trust portfolio excludes my CPF and SRS funds. I still hold a concentrated portfolio of Singapore equities comprising of 12 stocks.