Stock Portfolio Updates November 2020

Stock Portfolio Updates November 2020

Here is my stock portfolio updates for November 2020. Last month, I nibbled at CapitaLand Integrated Commercial Trust at S$1.74. This month, the share price of CapitaLand Integrated Commercial Trust shot up to peak at S$2.04 on 18th November before settling down at S$1.94 today.

US Manulife REIT

This month, I nibbled at something else which is US Manulife REIT at US$0.75 which is lower than its Net Asset Value (NAV) of US$0.7948. Based on my entry price at US$0.75 and FY2019 full year dividend payout of US 5.96 cents, this translates to a current dividend yield of 7.95%. With the addition, my percentage holding of US Manulife REIT increased from 2.32% to 2.78%.

3Q2020 has been a slow quarter for US Manulife REIT with no new leases signed. Portfolio occupancy dipped from 96.2% to 94.3% while portfolio subletting remained unchanged at 3.3%. The decline in occupancy was unrelated to COVID-19 but due to known expiries at Peachtree and Centrepointe. For me, US Manulife REIT is a pure dividend play.

Lion-OCBC Securities Hang Seng TECH ETF

I last wrote about Lion-OCBC Securities Hang Seng TECH ETF. Interestingly, this ETF is made up of the booming Chinese tech companies listed on the Hong Kong Stock Exchange. The index basically tracks the performance of these Chinese tech companies. If you have strong faith in Chinese tech companies and wanted to own tiny bits of them, then this ETF is the right one for you. An ETF makes such ownership affordable.

Credit Bureau Asia IPO

I read about Credit Bureau Asia IPO and how financial bloggers have classified this stock as a cash cow. Basically, Credit Bureau Asia is in the business of providing credit and risk information. At offer price of S$0.93, this is 30 times price to earnings. The offering will close at 12pm on the 1st December 2020, and the trading of Credit Bureau Asia shares will commence at 9.00 am on the 3rd December 2020. The dividend yield for FY2021 is estimated to be around 3% which is too low for my liking.

Summary

We are 1 month away to the new year. As many of us starts preparing for the Christmas and New Year celebrations, the stock market is expected to be quiet. Will there be a Santa Claus Rally?

Stock Portfolio Updates October 2020

Stock Portfolio Updates October 2020

Here is my stock portfolio updates for October 2020. This month, many companies and REITs have reported their third quarter fiscal year 2020 financial results.

Despite my busy work schedule, I will to find pockets of time to flip through those financial results that has been released. A few of the REITs that I have gone through are CapitaMall Trust, Suntec REIT and Keppel REIT.

We all know that the United States is currently undergoing through presidential election. Analysts have predicted that the stock market will go down if Joe Biden wins the presidential election. With no signs of the COVID-19 pandemic settling down in the United States and European countries, the stock market started to show signs of volatility again after a few months of recovery.

Since the Singapore stock market seems to reflect the behaviour of US stock market, the Straits Times Index started to retreat again. I took the opportunity and nibbled on CapitaMall Trust. As such, my allocation of CapitaMall Trust had increased from 9.70% to 10.06%. I will not be making big purchases since my funds are limited. Instead, I will be using the strategy of buying in small tranches over the next few months.

Last, I wanted to just share my thoughts about the COVID-19 pandemic. This is a painful lesson for many. For office workers like me, we are forced to follow whatever instructions and policies the company enforced on us. During the pandemic, I have to work on weekends which takes away valuable family time.

Many new company policies have emerged due to the COVID-19 pandemic. While some enjoyed working from home, some might not. I can assured you that most local employers are still not comfortable with their employees working remotely. Bosses get uneasy because they cannot “see” them when doing their work.

Needless to mention, you have also already read countless stories of retrenchment. There isn’t even time for the employees to be prepared. On Friday, Robinson announced the closure of all its stores in Singapore.

The COVID-19 pandemic has taught me a few things

  1. Do not be overdependent on your Employers. Employers are unreliable and untrustworthy. Build a retrenchment fund in preparation of crisis.
  2. Have an investment plan and stick to it no matter times are good or bad. Start small and accumulate wealth over time.
  3. An early and comfortable retirement can be only be achieved by value investing and accumulation of passive income through stocks that pays stable and consistent dividends, NOT through your monthly salary!

The pandemic is far from over. Thus, never let your guard down and stay safe!