Portfolio - October 2017

Current Portfolio (31/10/2017)

No.	Counters	No. of Shares	Market Price (SGD)	Total Value (SGD) based on market price	Allocation %
1.	ComfortDelGro	700	2.02	1,414.00	23.34%
2.	Far East Orchard	800	1.55	1,240.00	20.47%
3.	Wilmar Intl	300	3.39	1,017.00	16.79%
4.	AIMS AMP Cap REIT	400	1.445	578.00	9.54%
5.	Singtel	140	3.75	525.00	8.67%
6.	Guocoland	200	2.39	478.00	7.89%
7.	Frasers Com Tr	304	1.385	421.04	6.95%
8.	Starhill Global REIT	500	0.77	385.00	6.36%
	Total SGD			6,058.04	100.00%

October has been a very busy yet interesting month for me. For the SGX market, it has a bullish month for and also a no-dividend month for me. All my counters had ran up slightly. STI too had a run up and it is now priced at 33XX. 

On the other hand, I've also dipped my toes into Cryptocurrency in late October after reading much on them. Crypto investing is very risky and there is no value tied to the coin. Having that said, I'm prepared to lose every cents that I'm invested in Cryptocurrency. I've entered the crypto world with a small bet of 500 USD along with 2 intentions, to learn from the crazily volatile market and hopefully, to build a bigger war-chest. Soon, I will be updating a little more about my venture into the crypto world along with my portfolio.

Read: Cryptocurrency? I'm in too

It is already been a month that I'm in Japan and soon it will begin to snow here. As I'm typing this, I'm packing up for my trip to Tokyo tomorrow. Do drop by my new page on traveling and join me as I explore around Japan.

In this month, I've also achieved one of the goals I've set for myself earlier this year - to achieve a portfolio + war chest amounting to $5,475 (this magical number is obtained from allocating $15/day x 365 days). 

Read: My first pico milestone - Conquered!

I had initiated a position of 800 shares in Far East Orchard at 1.515. The initiation of Far East Orchard belongs more to an asset play. FEO is trading at a big discount of 48% to their book value at the point of initiating a position with them. HF Balmain and The Rivertrees Residence has since been fully sold and the profits for the sales will be recognized in the upcoming financial reports. FEO has climbed up slightly since I've entered a position with them. I'll be looking out for their Q3 financial announcements. Do note that as this is more of an asset play, there is no guarantee that the value of FEO will be unlocked any time soon. 

You may wish to click on the link below to read more about my analysis on Far East Orchard and my thesis supporting it. Hopefully, with the badly bruised hospitality sector recovering along with the run in property developer, it will be brighter for Far East Orchard.

Read: Portfolio Update - Far East Orchard

ComfortDelGro will be releasing their Q3 financial results on Friday, 10 November 2017. I believe that this will trigger another possible sell-down of the stock by investors in view of the poorer results due to the taxi drivers from CDG that jumped-ship to Grab. On a side note, DTL3 has commence with its operation. The DTL3 will now connect commuters from Chinatown - Sungei Bedok to places like Bukit Panjang, Newton and Sixth Avenue. It is also some time and the news on strategic alliance with Uber has yet to be released. I'll be keeping a close look on ComfortDelGro.

DTL route

Read: Accumulating ComfortDelGro, Portfolio Update - ComfortDelGro & Wilmar

Frasers Commercial Trust (FCOT) has also announced last week on their distribution for 4Q2017 with a final distribution of 2.41 cents. The total distribution are in-line with FY2016. However, there is a small drop in distribution as compared to 4Q2016 (from 2.45 to 2.41 cents). It will soon be made known if HPS vacating from Alexandra Technopark, in which I believe that HPS will vacating to their new premises. I view this as a positive thing for FCOT for the opportunity to engage in AEI to ATP as well as to "diversify" their tenant base.

FCOT's Press Release for Q4 FY2017 can be found here.

Read: Frasers Commerical Trust (FCOT) - HP Vacating from Alexandra Technopark

AIMS AMP Capital REIT has also announced on their distribution for FY2018 Q2. The distribution 2.55 cents is 7.5% down from FY2017 Q2's 2.75 cents. Gross revenue is down by 1.3% due to lower rental and recoveries from 20 Gul Way as four phases of the property reverted to multi-tenancy leases. However, having that said, AA REIT till date, is still a relatively good investment for income.

Starhill Global REIT has also announced on their final distribution for FY2017 Q4 of 1.2 cents. I'm monitoring SGR pretty closely and if time comes for the share price to go down, I'll likely be accumulating more shares from SGR and I'm doing the same thing for Singtel.

Dividends received in October: $ 0/-

Current Portfolio Value: S$6,058.04 (+27.73% m.o.m due to capital injection, dividends and portfolio performance)

Capital Injection for October: S$1,212.00
Total dividends received in 2017: $73.70
Average dividends/month: $6.14