Cory Diary : Recent Trade Actions 20180313

PARKWAYLIFE REIT and MAPLETREE IND TR

Manage to come back to secure some after recent price corrections. Just a relatively small position in each. Good to be able to expand my Reits to have two more counters. Current Reits allocation is around 40% of Local Equity Portfolio. Total Portfolio projected to receive target (updated for privacy) dividend in 2018 currently.

I like this Maple due to "Mapletree Investments and Mapletree Industrial Trust Form Joint Venture to Acquire 14 Data Centres in the United States of America". And I like Parkwaylife for being in the market for more affluent lifestyle and greying population needs.



CREATIVE

Did a quick speculative trade with just holding 1 day over the weekend when price moved up to 5.x. And sold it on the next mon working day at 8.x for whopping more than 60% gains. Just couldn't hold with such a gain so quickly. Since then, price corrected quickly and now is on restricted trade list. I would certainly like to buy a Creative 3D earphone to try out first.


STI Index

Bought a little more STI Index ES3 when it corrected recently after recent sale of some portion of my Singtel shares. I wouldn't want to go in big as we are at rather high level but I still feel 3800 is a good target.


QAF

Reduced my stake some with recent poor result as I am not sure how long it will takes to turn around the business. And use the fund to play with Creative which ends up very well as mentioned above.


There are few others trades but enough for today.


Cheers

Cory
20180313

Cory Diary : Portfolio Updates 20171121

With all of my counters result out, is time to do a quick peek of my Portfolio.

For the start, STI index went up crazy today and for the matter this year. If we include dividends, that 20% up at least ytd whereas Singtel lingers on despite higher dividend due to 3 cents special. A reason of my widening gap with STI Index. Having say that I still feel this Telco is undervalued. Hopefully the market will price it right soon.

Another disappointment I have is AGT. I always been wondering why there was a large unknown figure flickering in the quarterly report. Is probably the deposits redemption at play now. This is the unpredictable nature of equity investment even when we have confidence, to maintain diversification strategy. Prior to the result, I reduced my holding by 60% just to mitigate my risk or you can say "Take Profit" as it was additional purchase due to Jul/Aug lower level. Nevertheless 40% leftover do cause a drag in my portfolio.

Finally, my last pain is QAF. I did not reduce my exposure when it rebounded before the IPO cancellation. Need to remind myself again that Market do not care about what price I buy. It fluctuates to market sentiment and fundamental. Just not me.

Despite all this negativity, XIRR = 13.5% ytd ( excl. fixed investment ). (updated for privacy)

I have initiated small positions in SPH Reit and Singapore O&G.


Cory
20171121