Cory Diary : Trades - 2019-0809

I have been looking further into banks but find it not easy to buy more considering the interests rates are being talked down. Getting more Reits are a bit tricky. CMT and FCOT do have some lows past few weeks period but I do not have a chance to investigate further with my recent hospitalization. CMT yield is quite low so my keenness is limited and happy with what I have currently. Buying high yield with weak fundamental is risky. I rather leave my cash alone. They aren't the same league as Ascendas, Frasers, Mapletree or Capitaland breeds ...

STI Index

STI Index has seen rather dynamic swings whereas Cory portfolio has been rather mute. Other than Reits stability, I found could be the bonds which I have expanded to lock in some of my gains. A detail checks on my record I did do a smallish cash injection via my the other trading account. I did another cash injection  when STI went low again recently. This move up my STI Index allocation to more than 12% of my portfolio. This will also align to my interests if STI decides to move back up.

VICOM

As you may know, I have been ranting how small my exposure is in this counter. So I do some buying which boost my Portfolio Yield despite the price has run up this year. I feel there is sufficient positive to have a large stake in. I am more interested in their other businesses. So a bet there will be some growth while able to continue to support the dividend yield (excluding special dividends). This is quite an illiquid counter. You can't buy much and I suspect you can't do much shorts as the counter can spikes and you will be caught with pants down for a long time.

SIngtel

I have been holding from averaging down on Singtel till i see sufficient signs. The last one is the quarterly report which is kind of below expectation. This mean I need to wait for another quarter to review. Meantime, I reduce my stake further to lock in some gains YTD to buy more into Vicom. I almost decide to sell the remainder of Singtel to manage my counter numbers but decides otherwise as there could be rebound that I will hate to miss.

Netlink BNB Tr

As you may be aware . I am back on securing some from this counter. Frankly, the feeling is good as the price goes back up quicker than I expected. So is just a small moon in my bubble chart. Nevertheless, I am glad to be able to get some.

My family and I are very well vested in Singapore. We hope Singapore continues to prosper. So our wishes may this continues !

Happy National Day, Singapore !

Cory

2019-0809

Cory Diary : laparoscopic cholecystectomy

If anyone wondering what the hell it is, I went for ER more than a week ago and end up for laparoscopic cholecystectomy surgery on the same day. Basically to remove my gall bladder and to solve other complication. I would say this is one of the unpleasant surprises I have this year.

Mood swing from positive to delight to negative to very negative .... and then mood came back positive day by day ... all within the span of one week. Sounds like stock market huh ? My wife needs to cheer me up during this period. Think I did more than 10 X-rays ....as well. Fortunately I did not fall into depression from my medical conditions. However, I did loose significant interests to trade considering I am bedridden literally for a week and 5kg lesser.

To be frank, during this "Horrific Period", I took a couple of seconds to glance on my counters despite my mood swings. Today I am back on my desk, to tally up my dividends and portfolio value. What a change for STI gaping down (data points as and when I update my data) to 3170. That's put it just 3.3 % gains this year before dividends.

As for Cory Portfolio I am kind of surprise that XIRR still hold a good 15% YTD or Portfolio yield of 14% range. Do a double check for errors which seems good. The only explanation is that Reits again held up very well as we are compensated by dividends during current turbulent period which also probably gives the impression that the Reit market is sliding more than it was.

I am not sure is time for shopping. I do have some fund in cash management account to boost my portfolio yield (updated for privacy) . My timing on Reits do not have good track record so to speak.... but if I could find something stable for 6% I would grab. That's leave "little" candidates .... to speak of.


Cory

2019-0807

Cory Diary : Trades 2019 June/July

Been some time since I last blog on my trades. This beauty on the left has been getting quite an attention from me. Before I get suck in again, thought I could  give an updates on what I can remember on my trades. Hopefully, I get a bigger picture on what I am doing from my silly moves. 

Do note I am no expert and just sharing of what I have done. As is a re-collection, some details and trades will not be available and could have error. By no means should one based on my article to make your investment decisions. I could be well vested and be selling to you. haha. thanks for milk powder contribution if you did ! However, I am quite well vested in the market due to dividend play.


Here we go. I am back holding some Netlink BNB Tr on recent price weakness. Just small amount to improve my portfolio yields a little bit more but wouldn't want to get caught and lose back my gains on this counter. Is a far cry of what I have in the past.

Decided to let go ValueMax to balance my counters. There has been some movement  and I am not surprise others may get a better price than me after. XIRR 8% which is about 4% kopi profits. With that I am left with 2 SMEs.

Manage to up my DBS some more and benefited from recent rise. The actual reason is more of lack of upside in Reits after the 1st half feat which I personally feel is late gratification. Due to relatively rich valuation, upside is harder but not impossible just lesser gains. However I do not think we can rate Reits like other stocks as the rise is due ever lowering yields which means the price can last a long time at this level while earning catches up.

There are a few stocks which I almost like to enter and decided not. Great Eastern, Frasers L&R Tr, Frasers CPT Tr ... due to variety of reasons. Maybe the Reits reporting season will give me a good hunch.

The mistake which I still feel the pain is Vicom. I have too little ... and I am not comfortable to average up. Kiasi me again ...


Cory
2019-0723