Portfolio - September 2017

Current Portfolio (30/09/2017)

No.	Counters	No. of Shares	Market Price (SGD)	Total Value (SGD) based on market price	Allocation %
1.	ComfortDelGro	700	2.08	1,456.00	30.70%
2.	Wilmar Intl	300	3.18	954.00	20.12%
3.	AIMS AMP Cap REIT	400	1.41	564.00	11.89%
4.	Singtel	140	3.68	515.20	10.86%
5.	Guocoland	200	2.27	454.00	9.57%
6.	Frasers Com Tr	304	1.38	419.52	8.85%
7.	Starhill Global REIT	500	0.76	380.00	8.01%
	Total SGD			4,742.72	100.00%

 

My work has just ended and I'll be heading to the airport in a few hours time, which I will be flying to Japan for my attachment program. Have been rather busy lately with work, the packing of luggage, running some errands before my trip and the completion of my Class 2B license. *Congratulations to myself.* The month of September is filled with different surprises. 

ComfortDelGro's subsidiary - SBS Transit has lost the bid for being the operator for Thomson-East Coast Line (TEL) and Land Transport Authority (LTA) has awarded SMRT Trains the contract to operate the Thomson-East Coast Line (TEL) for an initial nine-year period. The TEL will open in stages starting from 2019. This results in a sharp decline of price on 15/09/17 closing with a drop of 6 cents to 2.12 and touching a low of 2.09 in the midst of the trading day and further shredding 11% throughout the next week. I took this opportunity to accumulate another 500 shares of ComfortDelGro at 1.99, which is about 10% down my last price, and bringing down my average price down to 2.07. 

ComfortDelGro's share price had since went up, closing at 2.08 on Friday, 29/09/17. CDG had since became my greatest holdings till date.

It's good to note that there should be another blow to CDG should the alliance between Uber fall through. I'll be happy to accumulate more of Comfort at a lower price.

Read: Accumulating ComfortDelGro

Frasers Commercial Trust (FCOT) has also announced on the 22/09/17 on the much awaited departure of Hewlett-Packard from their premises in Alexandra Technopark. It is announced that HP Enterprise will be leaving and vacating 178,873 sqft from ATP. There's still 302,920 sqft of space that HP Singapore is occupying in ATP, which currently FCOT is in the discussion with on the renewal of their lease. There's a great chance they HP Singapore will be vacating from the premises as well to their newly BTS facility in Depot Road. 

So taking the worse scenario, the anchoring tenant HP, which constitutes to about 17% of FCOT's GRI vacating from ATP, we should be looking forward to a reduced dividends in the coming year. It will be on the management on how they will overcome this problem now. I'll be waiting for the updates from FCOT about HPS.

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

Dividends received in September: $10.00 (AIMS AMP Cap REIT - pay date 21/09/17)

Current Portfolio Value: S$4,742.72 (+24.59% m.o.m due to capital injection, dividends and portfolio performance)

Capital Injection for September: S$995.00
Total dividends received in 2017: $73.70
Average dividends/month: $6.14

“We don't have to be smarter than the rest. We have to be more disciplined than the rest” 

Warren Buffett