Commentary
May 17 has been a quiet month for me. I am anticipating a dip in stocks in the energy sector and will be waiting for opportunity to increase my stakes in Schlumberger and Transocean.
Positions Added/Reduced
Sold my SIA position before the results announcement. Clearly, some of the brokerage firms are either incompetent or pumping prices up. See news(link) about SIA before the results announcement.
I have to acknowledge the SIA position was no longer viable when I saw the huge CAPEX involved in aircraft purchase. I must admit that it might not be a right move and I cannot extract the value in the purchase. I understand fleet renewable is necessary but at such a pace of renewal might not necessarily be sustainable from a cashflow perspective. I will argue spending more money on interior cabin retrofit might be a better use of the investment.
I have been more "courageous" by increasing my Transocean (RIG) position despite the drop in oil prices.
I have reduced my position in CDL HTrust to take profit.
Cash is 33% of my portfolio.
Counter (Singapore)
1. RafflesMG
2. CDL HTrust
3. Capitaland
4. CapitalR China Tr
5. Capitaland Commercial Trust
Counter (Singapore)
1. RafflesMG
2. CDL HTrust
3. Capitaland
4. CapitalR China Tr
5. Capitaland Commercial Trust
Counter (USA)
1. VNGRD ENERGY
2. Transocean
Realised Gains (Since 2009)
SGX Counters - S$144,030.22 + US$240.35
US Counters - US$1,479.71
Dividends (Since 2009)
S$59,818.46
1. VNGRD ENERGY
2. Transocean
Realised Gains (Since 2009)
SGX Counters - S$144,030.22 + US$240.35
US Counters - US$1,479.71
Dividends (Since 2009)
S$59,818.46
Dividends (2017)
S$3,307.26
Friday, 3 March 2017
Portfolio - 03 Mar 2017
Commentary
Feb 17 has been a quiet month for me. I am not so active in this month due to my commitments with my family.
Positions Added/Reduced
Added positions in Transocean (NYSE : RIG).
Sold my positions in Keppel Corp.
Keppel Corp was a mistake for me and I was lucky to made some money in this trade due to the market momentum driving the share price up.
Transocean is a deep value play.
Cash is 28 % of my portfolio.
Counter (Singapore)
1. RafflesMG
2. CDL HTrust
3. Capitaland
4. City Dev
5. CapitalR China Tr
6. Capitaland Commercial Trust
7. SIA
Counter (Singapore)
1. RafflesMG
2. CDL HTrust
3. Capitaland
4. City Dev
5. CapitalR China Tr
6. Capitaland Commercial Trust
7. SIA
Counter (USA)
1. VNGRD ENERGY
2. Transocean
Realised Gains (Since 2009)
SGX Counters - S$140,744.33 + US$240.35
US Counters - US$1,479.71
Dividends (Since 2009)
S$58,519.76
Dividends (2017)
S$2008.56
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