This is to track the performance of my stock portfolio over the course of the year.Currently, I am holding onto 6 counters:
- FrasersCT
- Buy
Upcoming acquisitions of NP2 and Yew Tee Point (achieved) -> increase in DPU
Suburban malls near MRT stations mean non-discretionary spending by catchment populations -> stable DPU
- Buy
- Suntec
- Buy
- Upcoming Marina Bay Sands and Esplanade + Promenade Circle Line MRT stations catalysts
Retail strength in central CBD area
Only mixed office and retail REIT -> diversification within a single REIT
- Buy
- PLife
- Buy
Low gearing -> possible debt-funded acquisitions (achieved) w/o share dilution
Resilient healthcare sector -> stable DPU
- Buy
- Starhill
- Buy
Announced acquisitions of David Jones building in Perth, and Starhill Gallery and Lot 10 in KL
Retail strength in prime Orchard area
Share price near placement price -> downside probably limited
- Buy
- GuocoLeisure (2012 portfolio)
- Buy
Possible privatization by Quek Leng Chan
Hospitality strength in London and oil royalties from Australia Bass Strait
Proxy to hospitality sector
Possible 2012 London Olympics catalyst
- Buy
- Saizen warrant (2012 portfolio)
- Buy
Probable DPU resumption in 2010 -> possible share price re-rating by market
- Buy
Note to self: NAV includes realised P/L, fees and dividends. Performance vs. STI measures only paper value.
2 comments:
i came across your blog while doing reits research. i think there are other yielders you can add towards your portfolio.
for one thing dividends from telco is much better than reits i feel.
http://www.investmentmoats.com/money-management/dividend-investing/a-guide-dividend-investing-in-singapore-telecom-stocks/
wish i have an intellect that can get me first class honours
best regards
Hi drizzt,
Wow very comprehensive write-up on the 3 telcos!
According to
http://yieldstocks.reitdata.com/
the telcos' dividend yields are in the range 4%-8%. So from the pov of yield, the numbers are lower than my current basket of reits, although one can argue that reits are essentially debt-funded (not desirable for some people).
Next, from the pov of stock price catalysts, for me, the effects of recent regulation on the pay tv segment and of the impending NGNBN on market shares of the 3 telcos are uncertain.
Sometime last year, I was very keen on telcos, but couldn't make up my mind on which one to add. Perhaps when the market pulls back and the telcos' share prices correct to a more acceptable level for me, that will be my buy signal...
PS. this blog was initially set up as a joke and the first class title is my friend's way of poking fun at me, so just disregard it, cheers :D
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