portfolio update 30/6/2016

Dividend by month

1) uob singtel
2) plife sgx capitacom lian beng namlee starhillg
3) spost lum chang taisin
4)
5) steng sgx  uob sph plife starhillg
6) tcil ocbc
7)
8) metro plife uob singtel spost capitacom starhillg
9) steng sci ocbc
10) tcil sgx lian beng ngi
11) taisin sgx plife spost  lum chang starhillg
12) sph

Comments:

Decided to take profit from the runs up from frasers ct and suntec and place them in starhill where the run up is less.
Locked in capital gains as well as gained about 1% more dividend.



Some rotation of positions but overall, still,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

why i sold engro and singre? and portfolio question.

a reader asked me a couple of questions, i just finished replying and then realised that i wrote so much. thus decided to open a page to share with other readers.

Hi Paul, I have just finished reading your blog from very first post to this one. Thank you for sharing your investment strategy and portfolio. May I ask you two questions?
1) Why did you sell Engro and Singre?
2) It seems that you are slowly transforming your portfolio from undervalued penny stocks to blue chips, would you mind to share the reason for doing so? Is is to lower the risk? 
Thank you in advance
hi. of course.

1) Engro - yield is a low 2-3%, and this year will see its dividend being cut. nav stopped increasing. 
- placing money there is not necessary as safe as before
- risk benefit makes lesser sense 
- there are better counters around
- last but not least, at the time i decided to divest engro, st eng happened to be on low side, in fact, very low..270plus. thus it was a golden opportunity to transform engro to st eng.
--> give up a undervalued 2-3% yield monopaying company for a blue chip at 52w 5.5%pa low bipaying company. 
--> it is one of the best decisions I made, shortly after I made the switch, st eng went up fiercely while engro stayed suppressed at sub90c level. 
singre
i bought singre below 30c level. i know that this counter is erratic in terms of eps and dividends too. recently it even paid special dividend. i noticed that the eps is not doing well. true enough, the may dividend is less and I would expect the same for the september dividend. thus sold off at ard 32c level.
2) i think your observation might be right to some extent, but whether its undervalued penny stocks or blue chips, it must have one common denominator ie...ability to pay dividends. the ones which we discussed earlier had weakened earnings and even cut dividends. but some penny stocks are still worth adding...eg i added a few hundred lots taisin at 32c, to me, its undervalued at 32c, and its eps and dividends can very likely support this. True enough, BOBBY LIM came in and pushed it up to 34c. I will not buy any more at 34c as I think its sort of fairvalued. I believe a lot of investors feel so. This recent BREXIT we don't see taisin being sold down. It still stable at 33.5-34c level. I have taken this opportunity to add more frasers ct too. 

portfolio update 27/5/2016

Dividend by month

1) uob singtel
2) plife sgx suntec capitacom lian beng namlee fct
3) spost lum chang taisin
4)
5) steng sgx suntec uob sph fct plife
6) tcil ocbc
7)
8) metro suntec plife uob singtel spost capitacom fct
9) steng sci ocbc
10) tcil sgx lian beng ngi
11) taisin sgx plife spost suntec lum chang fct
12) sph

Comments:

14/6 ocbc payable - i have opted for script (at 8.11).
15/6 tcil payable - usually will be paid about 1week later.

Stamford land divested into taisin and capitacom

Sgx added.

singpost decided to pay in August instead of July.



Some rotation of positions but overall, still,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

why i divested stamford land

I have been holding onto stamford land for some time, rather pleased with the 3c dividend it has paid every August, like clockwork.

certainly, its eps has been able to support this 3c payout for these years.

however, the dividend cut to 0.5c was not something i was able to accept, the company could at least afford to be pay 2c imo.

maybe the management is changing, i am not sure.

I am even not sure of future dividends.

such is the uncertainty leaves me with only one option, to divest.

I divested 1/2 into taisin at 32c and 1/2 into capitacom at 139c.

At least, capitacom will give dividend in august in place of stamford land.

Portfolio Update 29/4/2016

Dividend by month

1) uob singtel
2) plife suntec capitacom lian beng namlee fct
3) spost lum chang taisin
4)
5) steng sci  suntec uob sph fct plife
6) tcil  ocbc
7) spost
8) metro stamland suntec plife uob singtel spost capitacom fct
9) steng sci ocbc
10) tcil lian beng ngi
11) taisin plife spost suntec lum chang hupsteel fct
12) sph

Comments:

3/5 plife XD
4/5 sph XD
26/5 tcil XD

payable 10/5 steng
payable 11/5 uob
payable 17/5 sci
payable 24/5 sph
payable 26/5 plife, suntec
payable 31/5 fct

Some rotation of positions but overall, still,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

Portfolio Update 26/3/2016

Dividend by month

1) uob singtel
2) plife suntec capitacom lian beng namlee fct
3) spost lum chang taisin
4)
5) steng sci  suntec uob sph fct
6) tcil plife ocbc
7) spost
8) metro stamland suntec plife uob singtel spost capitacom fct
9) steng sci ocbc
10) tcil lian beng ngi
11) taisin plife spost suntec lum chang hupsteel fct
12) sph

Comments:

Frasers centrepoint trust added. Now have 4 reits in my portfolio. Most probably will add one last one, perhaps MCT, to increase 3,6,9,12 dividend.


Nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY. 

Portfolio Update 27/2/2016

Dividend by month

1) uob singtel
2) plife suntec capitacom lian beng namlee
3) spost lum chang taisin
4)
5) steng sci singre suntec uob sph
6) tcil plife ocbc
7) spost
8) metro stamland suntec plife uob singtel spost capitacom
9) steng sci singre ocbc
10) tcil lian beng noel gifts
11) taisin plife spost suntec lum chang hupsteel
12) sph

Activities:

Taisin will pay its dividend in March instead of April which it did last year.

Considered M1 and Roxy which pays regularly in April, but little point in putting capital in companies just for the sake of filling up my April dividend, when my other investment objectives are not fulfilled in these counters. M1 never invested before and probably will not since 4th telco coming in. Roxy, if price is attractive enough, i could consider, since it has hard asset backing.

I will now be waiting for my singpost lum chang and taisin dividends which will be paid in March.
-singpost dividend will be more as the amount was raised from 1.25c to 1.5c
-taisin dividend will be more as some of last mth dividend was used to add to it.

I am now looking at another counter, frasers centrepoint, possibly to reinvest some of my March dividends into. FCT has a unblemished record of raising dividends so far, fitting into the profile of plife, capitacom and suntec.

Some portfolio rearranging but overall:

Nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters as well as the counters which are about to pay dividends soon.


DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?

IF THE ANSWERS ARE YES OR UNSURE, STAY CLEAR OF THIS COMPANY

IF THE ANSWERS ARE NO, KEEP REINVESTING & STAY HEALTHY & STAY HAPPY.