1) St Eng
2) Singre
3) TCIL
4) LeeMetal
5) Hupsteel
6) Noel Gifts
7) Nam Lee
8) Stamford Land
9) Taisin
Features of this portfolio:
1) Dividends every month, except Feb, April and July. Four quadrants of the year are fixed up with dividends.
2) No need to wait till end of calender year to reinvest dividends.
3) Except for St Eng, all are bought below book value, but only the former is a blue chip.
4) All pay dividends faithfully for the past decade without fail. Most pay dividends with discernible trend. Dividends represent cold hard cash and over a decade tell a truth that surpasses annual reports, analysts reports and brokers recommendation etc.
5) Some counters have hidden gems to be unlocked, but that is should be the bonus to holding them, not the main deciding factor.
6) Works on market uptrend as well as downtrend. No need to time market. Dividends are there when the time comes and even if lehman repeats.
7) REITS and Trusts not present as high gearing and rights issue are associated with it.
8) However, if a certain counter runs up so much such that the yield goes down significantly, will consider cashing out to fill up other counters, or new counter where possible.
9) No need to close monitoring. Can monitor if wish to but otherwise once a month look is more than enough. Financial reporting can view every 6monthly. To me, a decade of discernible trend dividend paying tells a lot more than those financials. The important part is mainly deciding on the entry price of the stock as the holding period is mid to long term.
10) Boring strategy...don't you think so, LOL !!??!!??
2) Singre
3) TCIL
4) LeeMetal
5) Hupsteel
6) Noel Gifts
7) Nam Lee
8) Stamford Land
9) Taisin
Features of this portfolio:
1) Dividends every month, except Feb, April and July. Four quadrants of the year are fixed up with dividends.
2) No need to wait till end of calender year to reinvest dividends.
3) Except for St Eng, all are bought below book value, but only the former is a blue chip.
4) All pay dividends faithfully for the past decade without fail. Most pay dividends with discernible trend. Dividends represent cold hard cash and over a decade tell a truth that surpasses annual reports, analysts reports and brokers recommendation etc.
5) Some counters have hidden gems to be unlocked, but that is should be the bonus to holding them, not the main deciding factor.
6) Works on market uptrend as well as downtrend. No need to time market. Dividends are there when the time comes and even if lehman repeats.
7) REITS and Trusts not present as high gearing and rights issue are associated with it.
8) However, if a certain counter runs up so much such that the yield goes down significantly, will consider cashing out to fill up other counters, or new counter where possible.
9) No need to close monitoring. Can monitor if wish to but otherwise once a month look is more than enough. Financial reporting can view every 6monthly. To me, a decade of discernible trend dividend paying tells a lot more than those financials. The important part is mainly deciding on the entry price of the stock as the holding period is mid to long term.
10) Boring strategy...don't you think so, LOL !!??!!??
Nice Paul, I got all the same counters on my watchlist except TCIL. I'm a bad investor, don't want to bother with HKD$, haha! But their dividend history is really great!
ReplyDeleteHi GMGH,
ReplyDeletethanks for dropping by. U got a nice portfolio there as well.
Happy New Year!!!
Interesting portfolio, Paul. May we republish yr article on www.nextinsight.net? Tx in adv.
ReplyDeletect.leong@nextinsight.net
Hi ct leong, sure. If my article can benefit readers, why not?
ReplyDeleteAhh found your holdings.
ReplyDeleteDamn old school sia all these businesses.