Portfolio - January 2018

Current Portfolio (31/01/2018)

No.	Counters	No. of Shares	Market Price (SGD)	Total Value (SGD) based on market price	Allocation %
1.	ComfortDelGro	700	2.10	1,449.00	18.52%
2.	Far East Orchard	800	1.50	1,200.00	15.12%
3.	Wilmar Intl	300	3.20	960.00	12.09%
4.	AIMS AMP Cap REIT	400	1.37	548.00	6.90%
5.	Singtel	140	3.54	495.60	6.24%
6.	Guocoland	200	2.26	452.00	5.69%
7.	Starhill Global REIT	500	0.77	385.00	4.85%
8.	Cryptocurrency Funds	1	1,076.71	1,076.71	13.57%
9.	Singapore Saving Bonds	1	500.00	500.00	6.30%
10.	Warchest	1	850.00	850.00	10.71%
	Total SGD:			7,937.31	100.00%

This is the first monthly portfolio update for year 2018. For this month, there have been a slight recovery on the counters I own along with some profit booking session from cryptocurrency. With these events, the overall portfolio value had increased by 6.15% month on month.

STI historic graph

In this month, DJIA has continued to scale further and breaking it's all time high with it's pricing at 26,076 while our local STI on the other hand, also had a bull run and broke it's 3600 resistance days ago, before finally closing at 3,534 today. STI broke it's 5 year high price and currently, it's heading  higher.

Now..this situation today is starting to look a little bit like 2008.
 

Yes, it's snowing and the snow is really pretty and heavy in Japan, and not soon later, I will be back to the sunny land somewhere along the equator. There is no capital injection this month. On a side note, I've also revealed in my post earlier on The 19 Year Old Year Review, Reflection and 2018 Resolutions that I'm trying to build up a sizable cash position. You might have noticed that I have added another column on my portfolio on 'Warchest'. Also, shared in the same post, the war chest here is a separate war chest that is established for the purpose of building a more sizable cash position. Probably this 'war-chest' should be better called 'opportunity funds'

I've also done some portfolio balancing this month of which I have shifted some funds over from the cryptocurrency funds onto the new war chest and also divesting FCOT. Should I not do this balancing, the cryptocurrency funds would had officially became my greatest holding in January, taking up a whooping 25% of my entire portfolio. Take note that this is not due to injections and I've only injected once into my cryptocurrency funds. The big increase is due to the strong performance of the cryptocurrency market and the trading activity that had taken place.

On a side note, I've also jumped into Singapore Saving Bonds (SSB) from the previous issue and was allocated with S$500.00 of SSB. With the interest at 1.55% for the first year, the SSB is a relatively good place to park your money there. The no capital loss along with the flexibility in your funds is the real shiny points here when speaking about the SSB.

The purchase of SSB to me serves as a small form of diversification and I view it as a very good place for me to temporarily park my funds in. This is also done to balance out the volatility of my portfolio. You may wish to read more from the link below to my earlier post about the SSB.

Read: Singapore Saving Bonds (SSB) - 1.55%

FCOT announced it's 1Q18 results and had since declared a 2.40 cents distribution for the period. It had since went XD. With this result in hand, it had poses a 4% decrease in DPU yoy. At the same price today, I feel that FCOT is no longer cheap and is moving towards the over-value region despite trading at a 5% discount to NAV. With that in mind and the uncertainties ahead together with the beautiful run, I've officially divested FCOT at 1.46 on XD. I will still be receiving my latest cash distribution of S$7.39 on 1 March from FCOT. As for the small little balance of script dividends that I'm having, I guess, that will be my 'legacy' positions in FCOT.  Haha!

The divestment of FCOT had given me a profit of 8.29% or S$33.10 (without dividends) and 15.66% or S$62.53 (with dividends) based on my purchase price at 1.295 earlier last year.

FCOT's results presentation here.

Read: Portfolio Update - Divestment of FCOT and SSB Allotment 

SGR had also announced it's result earlier on 29/01/18. Similarly to FCOT, it's DPU is down by 7.1% yoy with the declared distribution at 1.17 cents. The decrease is mainly due to lower NPI received from it's Australia properties, and fortunately, it is slightly pulled up by the appreciating Ringgit. A simple calculation will gives me an annualized dividend of 6% based on the latest closing price of SGR at 0.78. It is a hold for now. XD will fall on 6 Feb, while distribution will be paid on 28 Feb.

SGR's financial statement here and results presentation here.

In this month, I've also received $21.36 worth of dividends from Singtel and AIMS AMP Cap REIT's advance distribution.

Dividends received in January: $21.36/-

Current Portfolio Value: S$7,937.31 (+6.46% m.o.m due to capital injection, dividends and portfolio performance)

Capital Injection for January: S$ 0/-
Total dividends received in 2018: $21.36
Average dividends/month: $1.78