Portfolio - March 2018

Current Portfolio (31/03/2018)

No.	Counters	No. of Shares	Market Price (SGD)	Total Value (SGD) based on market price	Allocation %
1.	SingTel	500	3.37	1,685.00	17.84%
2.	Wilmar Intl	500	3.18	1,590.00	16.83%
3.	ComfortDelGro	700	2.05	1,435.00	15.19%
4.	Starhill Global REIT	1,700	0.73	1,241.00	13.14%
5.	Far East Orchard	800	1.48	1,184.00	12.54%
6.	AIMS AMP Cap REIT	400	1.36	544.00	5.76%
7.	Guocoland	200	2.08	416.00	4.40%
8.	Singapore Saving Bonds	1	500.00	500.00	5.29%
9.	Warchest	1	850.00	850.00	9.00%
	Total SGD:			9,445.00	100.00%

Happy April Fool!

March had been a really really busy month for me. Hence, explaining the lesser amount of post that is on my blog. March is also a really interesting month having Trump wanting a trade war and imposing sanctions on China.

I remember exactly a month ago in previous portfolio update, I've mentioned that I wanted to build a bigger position with REIT to increase my dividend income for the year. I'm also looking to do some portfolio adjustment.


Indeed, my wish came true earlier in March and my itchy fingers had gotten better of me once again when Starhill has fallen to 71 cents. I took the opportunity to accumulate 1,200 shares of Starhill Global REIT at 71 cents from Mr Market.

I'm buying some dustbins in Wisma!

Read: SGR's Analysis (FA, TA) - Buying some dustbins in Wisma


I've also done a CPF OA-SA transfer in this month, emptying my OA account in the process which I've briefly covered in a post earlier. Though I would say that this is not directly related to my monthly portfolio update, but I decided that I will write briefly about this in this update.

It is common to be hearing complains such as "My hard-earned cash are all locked up in the CPF" or "I want my 20% salary in cash, why did they take it away? I'm working hard for it!" or even "CPF is a Ponzi Scheme!!!".

Source: CPF

Once again, as a Singaporean, we must bear in mind that the CPF system is actually a benefit to us and we're entitled to this privilege. Perspective is important.

Do be reminded that CPF OA-SA transfer is IRREVERSIBLE and it is very important to consider your own situation before doing anything. I repeat once again, I'm not an advocate for CPF. 

Read: My 19 Year Old CPF Account - For Millennials and Young Adults

Source: Grab

CDG: Aside from this, Grab has also confirmed on the acquisition of Uber in Southeast Asia. It is reported that Uber will in exchange receive 27.5% stake in Grab.

CDG-LCR's deal is currently in the second stage of review by the Competition Commission of Singapore. Hence, I do not see anything materializing yet. It will just simply tell us that Uber and Grab is no longer competing, but not CDG.

On a side note, Uber seem victorious having to cash out and tap onto Grab's growth for it's earning. I believe that this is an attempt by Uber to tidy up their balance sheet before rolling out on it's IPO next year. Well, this is business.

You may wish to read more on CNN's report about Grab-Uber's merger here.


A deeper look into my portfolio:
Taking a serious look at my portfolio today, it seems like I'm soon attaining my target I've set for myself earlier on hitting my first 5 digits in portfolio before 1H2018. Just as I'm doing so, I've also took this opportuinty to calculate my actual capital injected this far since the start of 2017.

Take note that my portfolio I've stated here excludes CPF, emergency funds or monies required for expenses. In the capital injection computation below, I've also excluded the funds under 'Warchest' a.k.a Opportuinity Funds as they have yet been deployed.

Funds that are recycled from sales & cryptocurrencies gain are also computed and adjusted below.

Overall Portfolio Performance (as of 31/03/18):
Total (Capital Injection) in 2017 = S$ 5,882.09 + 684.70 = 6,566.79
Total (Capital Injection) in 2018 = S$ 1,377.22

Total Capital Injection 2017 & 2018 = S$ 7,944.01

Realized P/L = 19.39% or S$ 1,586.35 (Based on cost)
Unrealized P/L = -2.58% or - S$ 204.59 (Based on cost)
Cum. Dividends = S$ 119.23
Realized + Unrealized P/L + Dividends = $ 1,472.67 (18.53% base on cost)

Current Portfolio Value: S$9,445.00 (+10.95% m.o.m due to capital injection, dividends and portfolio performance)

CAGR = 16.66% (Based on start date at 14/02/17) - Days Count: 410
XIRR = 34.49% (This high % you see here is due to the wild card from Crypto in 2017)

Both XIRR and CAGR % is on a very high side due to the relatively short duration that I'm in the market. As the time goes on, the % will reduce significantly. A big contributing factor is due to crypto currency gain which takes up a significant part of my portfolio. I'm lucky and fortunate to have profitted from this event, but this is just an one-off event.

A simple bear market will be more than sufficient to wipe out all the % you see on top.

Current Cash Position (based on Opportunity Funds + SSB) = 14.39%

Aside the $850 in warchest, a pretty significant portion has been channeled to accumulating some shares during the recent market weakness.

 

Dividends received in March: $12.70
Total dividends received in 2018: $39.91
Average dividends/month: $3.32

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