Showing posts with label story. Show all posts
Showing posts with label story. Show all posts

Thursday, December 10, 2015

My 6 months Journey Today

CompanyUnitsPortfolio (%)FY15 Collected Dividends
Lee Metal Holdings10,00012.79%$80.00
Singapore Telecom1,20020.50%$0.00
Cache Logistics Trust2,50010.08%$42.80
AIMS AMP Captial REIT2,10011.78%$47.60
Sembcorp Industries Corp5008.03%$25.00
StarHub (SRS)1,00016.10%$100.00
Keppel Corp2005.50%$0.00
Dairy Farm International (USD)2007.67%$0.00
NOL1,5007.57%$0.00


Nothing much has changed except the dip in share prices bought  pre 24 August 2015. Dividends collected $335 with a 5.14% Dividend Yield. 

Reflecting back, one of the biggest mistakes was hastily to open a position on Singtel once i saw a dip. As  you can see it makes up a bulk, 20% of my portfolio together with Sembcrop and Starhub. I am looking to wait for the STI index to drop to 2750 range and start accumulating. 

Dairy farm, which I thought I got at good value at $6.59 isnot so good value short term afterall. It took another dip to USD 5.79 but rebound back to USD 5.90 today. As much as I  like to add 300 more shares, I need money for my current renovation for my new BTO. I shall save my bullets. 

Keppel Corp and Sembcorp Industrial is not all rosy. Which one should I add my position too? Sembcorp Ind is now trading almost 15% below NAV and Keppel offers good Dividend yield with its more diversify portfolio.

Lets talk about NOL, being a newbie I am, I was drawn into the hoo ha.. that NOL was going to get sold and at a premium rumors were $1.80 some were screaming for $3 but today we know its $1.30. Now I was so fixated I could make a quick over the weekend. I jumped in and waited the the news announced. $1.30 thats not too bad. no fish, shrimp also okay. But what I didnt know was there are pre-conditions before the deal goes through and that is scheduled till June 2016. When means my  money is tied up till then. for a 5-6% upside and a 30% downside should the deal doesn't go through.

We can sell our shares in the open market but having bought it at the market peak, tranlates to losing money. Hence, I have no choice but to hold on. Lucky for me I wasn't too greedy to contra/leverage/spurge too much in this speculation. 




Sunday, October 11, 2015

Starting my Journey

Earlier this year(May 2015), a friend was casually mentioned how she made some money from the stock market just 1pip off a penny counter, Xpress Holdings and that got me all interested.

I decided ride the wave together(sharing brokerage) bought a small position on Xpress Holdings and made S$50. Through this transaction I learned it wasn't so simple to make money. To buy cheap and sell high, you need to Queue to Buy & Queue to Sell.

We queued for a few hours got it at 0.017, then when it jumped to 0.018. WOW, SELL!! so excitedly I told my friend to sell them. However, we did not managed to sell it. I was confused why is last done 1 million shares all bought but but I wasn't able to sell my shares! So that night I did some google-ing and read up and of course I realised everything also need to queue. Being kiasu Singaporeans we placed a SELL before the market opened so we can be ahead of the masses. Finally SOLD, so many anxiety for S$50. It took me awhile to figured we can simple buy and sell base on spot price on spot but that an handicap :)

Welcome to the stock market.