Portfolio - August 2017

Current Portfolio (31/08/2017)

No.	Counters	No. of Shares	Market Price (SGD)	Total Value (SGD) based on market price	Allocation %
1.	Wilmar Intl	300	3.32	996.00	26.17%
2.	AIMS AMP Cap REIT	400	1.405	562.00	14.76%
3.	Singtel	140	3.70	518.00	13.61%
4.	Guocoland	200	2.38	476.00	12.50%
5.	ComfortDelGro	200	2.29	458.00	12.03%
6.	Frasers Com Tr	304	1.395	424.08	11.14%
7.	Starhill Global REIT	500	0.745	372.50	9.79%
	Total SGD			3,806.58	100.00%

In the month of August, I've initiated a position in ComfortDelGro & Wilmar on their price weakness recently and has blogged about it here. August is also a dividends harvesting months whereby most the stocks I own, pays out dividend. Purchased CDG & Wilmar on XD, hence I will not be receiving dividends from them.

I've accumulated 200 shares of CDG at 2.17. Understand that the amount of shares I buy is extremely small and fees incurred will plays a part in my average price. However, as I'm adopting a buy-and-hold approach, sales transaction will not exactly takes place. Whenever possible, I'll add onto my holdings. 

After the news about the possible alliance between Uber & CDG has been announced which the market is very positive about, ComfortDelGro's share had a run up to 2.3

I've also accumulated 300 shares of Wilmar at 3.10, which in turns become my greatest position. Wilmar has been falling sharply after they announced their results, and piercing through their 50D and 200D MA. It's good to note that Wilmar's business is very extensive which I believe will do well in the future, and the price I paid for is below the it's NAV, which provides a margin of safety. I'll be keeping a look out on their coming financial reports. Similarly, they had a run up to 3.3 recently.

A good investment is one at the right price.
 
Guocoland, a position which I've initiated in April this year had a significant run up too. However, It's still trading at a significant discount to its NAV. It's also good to note that TPC/Guoco Tower has commenced it's leasing has since secured tenants such as ING Bank and Uber. With office's market in Singapore bottoming out, as well as it's other developments such as Martin Modern, Wallich Residence, Changfeng residence, this will translate to a greater earning power for Guocoland. By any chance, if there is a correction for their recent run up, I'll be more than glad to add onto my holdings with Guocoland. I've also blogged about their recent FY2017 results here. Currently, they're still trading at a significant discount to their adjusted NAV of 3.18 and RNAV of 3.63. They've also declared a 7 cents dividend that will be paid on 21 November 2017.

Singtel and Starhill Global REIT has also paid dividends this month amounting to $20.88
I've subscriber to their script dividends for FCOT, which I've received 4 units (DRP @ $1.37/share) and $1.72

Hence, a total dividends received for this month (including script dividend from FCOT) = $28.08 ($22.60 cash + 4 units of FCOT)


Current Portfolio Value: S$3,806.58 (+65.26% m.o.m due to capital injection, dividends and portfolio performance)

Capital Injection for August: S$1,364.00
Total dividends received in 2017: $63.70
Average dividends/month: $5.30
  

“ Price is what you pay, value is what you get. ”

Warren Buffett