Summary of January 2019 Transactions

We are at the end of the first month of the year 2019. There are no major changes to my stock portfolio this month except for the regular monthly purchase of Singapore Savings Bonds. It will be exciting next month as we can use our monies in Supplementary Retirement Scheme (“SRS”) funds to purchase Singapore Savings Bonds with effect from 1st February 2019!

This month, I attended a two day seminar (Alpha Summit) organized by The Fifth Person. The event was packed with lots of contents where they share with us the importance of free cash flow etc. Moving forward, I shall try to practice the things I learnt at the seminar in my stock analysis of companies I am interested in.

A few companies in my stock portfolio had released their financial results recently. It was surprising for me that CapitaMall Trust has done well in terms of DPU growth and disappointing for Frasers Logistics and Industrial Trust due to lower DPU because of a weaker foreign exchange between Australian dollar and Singapore dollar.

CapitaMall Trust DPU for 4Q2018 is 2.99 Cents

Frasers Logistics and Industrial Trust Declares Lower DPU in Singapore Cents

The US government has re-opened after a 15 days shutdown. Last night, the Fed has also highlighted that interest rate hikes may potentially slow down. This is a pretty much good news for REITs and the global stock market.

That’s all for January updates!