Cory Diary : Trading updates 20190428

Good news is XIRR Year to date has hit 10% for my portfolio. Bad news is my max theoretical dividend based on existing portfolio holding has just go below $47K due to profit taking so I am thinking should I address it. Reason being some of those I sold has received dividends prior so I could still achieve $50K dividend this year.

Singapore market has been good based on STI Index with just 4 months. I have no special plan for Sell-in-May scenario. If it does happen, I have fund available which will be great. Here's my recent trades.


Ascendas Reit

Took profits on some of Ascendas Reit. This is the 2nd time I did it. So my size is again smaller today. Still hold sizable amount so I will benefit from it if it continues to rise further. The "kiasi" in me want to play safe. So my next problem is how to divert the fund to another counter which is quite safe with reasonable yield. Cash management account is now  about 10% of my portfolio.


First Reit

Tried out some but cut loss. Kopi money size .... haiz. I don't have the mental stamina on this weaker fundamental counter. Quite obvious I am not good at it. I was trying to speed up my target profit with this counter but it ran contrary to my wish.


Mapletree Ind Tr

Average up on this one as the yield looks sufficient with much better growth potentials. I was looking at increasing Mapletree NAC Tr but decided against it as the gearing is quite high and my position is quite large today. This is even though I do not expect them to raise rights ( instead via private placement). I will review again later.


UOB

Finally sold off my small size on this one to manage my counter numbers. And it went up further .... . The only grace is I have OCBC to enjoy the ride.


Netlink NBN Tr

Move up quite an amount in recent time. I took some profit. Still have good holding in it as is still a good dividend counter to hold long term.


Cory
2019-0428