Summary of March 2019 Transactions

Earlier this month, I have made the switch to open electricity retailer which is Sembcorp. This should slash off several dollars from my electricity bill over the next few months.

As usual, I have made no buy or sell transactions this month. My holdings in terms of percentage of Singapore Savings Bonds crept up from 17% to 18% of my stock portfolio. I have been consistently purchasing Singapore Savings Bonds every month as I felt there are several benefits of doing so right now. This month, I thought of dumping a portion of my cash into CIMB fixed deposits but realize Singapore Savings Bonds offers almost the same yield. You can read more of the comparison here (Read more: CIMB Fixed Deposit Promotion Makes Your Money Work, Not You! ).

Next month, if Singapore Savings Bonds still offers the same yield, I will allocate a larger portion of cash to purchase more of Singapore Savings Bonds since it does not make sense for 44% of my cash sitting in the bank right now, earning a petite interest.

If you have followed my blog, I have been eyeing on SPH REIT. The market seems bullish this month and most share price of REITs went up slightly including those in my stock portfolio. Based on a distribution of 5.54 cents in FY2018 and the price of S$1.03 (as of 22 Feb 2019), this translates to a dividend yield of 5.38%. The share price of SPH REIT now stood at S$1.05 and is deemed unattractive to me since dividend yield is lower.

That is all the updates I have for March!

 

Summary of February 2019 Transactions

This is a short month and here we are at the end of the month again to summarize my stock portfolio again. Earlier this month, I was pretty busy with Chinese New Year activities such as spring cleaning and visiting friends and relatives. I did not make any buy or sell transaction this month. I have strictly followed my routine of purchasing the Singapore Savings Bonds. Other than using cash to purchase Singapore Savings Bonds, I have used my Supplementary Retirement Scheme funds to purchase as well since the Singapore Savings Bonds offer higher interest rate.

I shall be receiving the dividends payout from OUE Hospitality Trust, ParkwayLife REIT, CapitaMall Trust, Mapletree Commercial Trust on the 28th of February. This is additional “red packet” for me.

I have done an analysis of SPH REIT (Reviewing My Personal Analysis of SPH REIT) which I shall be monitoring closely. I am currently accumulating cash and shall enter into a position if the price is right. If you have noticed, most stock prices of REITs have gone up and this results in a lower dividend yield at the current price.

That is all my updates for February!

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!