Friday, 1 January 2021

2020 Portfolio Review

2020 was an unprecedented year. Many of us never expect that the medical advancement of mankind would ever face another pandemic like the Spanish flu 100 years ago...   

Well, time to do a final review on my portfolio's performace in 2020.

Top 30 positions of my portfolio at end 2020:
1. SGX
2. ParkwayLife Reit
3. UOB
4. FCT
5. Keppel DC Reit
6. OCBC
7. CICT
8. Frasers L&C Tr
9. SATS
10. AIMS APAC Reit
11. Keppel Corp
12. Mapletree Com Tr
13. Ascendas Reit
14. CDL HTrust
15. Suntec Reit
16. SingTel
17. SPH Reit
18. Capitaland
19. Keppel InfraTr
20. Starhill Global Reit
21. VICOM
22. Bukit Sembawang
23. Netlink NBN Tr
24. Sembcorp Indust
25. ST Engg
26. SIA Engg
27. ARA LOGOS Log Tr
28. Cromwell Reit Euro
29. Frasers Property
30. AstreaIVB4.35%

Total dividends collected in 2020: $15,399.93
Average monthly dividends: $1,283.33 (10.1% down cf. 2019)
Portfolio yield: 3.92%

Well, 2020 was an unprecedented year. Many companies cut or stop dividends altogether and first time my annual dividend collected declined compared with previous year.


Good-bye (deadwood):

1. SPH (41.1% loss) (from initial investment including dividends):
- Past dividend angel but now a dinosaur going down the road to extinction. 
- I am just too slow in clearing it out......

2. Sembcorp Marine
- Free shares from Sembcorp Industries......

Good-bye (Delisted/Merger):

1. Frasers Com Trust (64% gain):
- Merged with Frasers L&I Trust. 

2. Accordia Golf Trust (23.4% gain):
- Will miss this Japanese Trust......


Top Dividend Contributors: 

1. SGX (12.1%):
- SGX is the top counter in my portfolio and no surprise that it is the top dividend contributorSGX has dividend payout every quarter, almost like a REIT.

2. UOB (8.5%):
- Good old UOB continues paying dividends.

3. AIMS APAC Reit (6.1%):
- This is a small but good REIT, hope there will be no merger or dislisting of this Reit in 2021.  3rd dividend contributor despite only #10 in my portfolio. 

In 2019, the top 3 dividend contributors accounted for 24% of my total dividends.  In 2020, the top 3 dividend contributors accounted for 26.7% of the total dividends.

Next, some New Year fun and amusement. 

Dividend Yield Winners (龙虎榜):

1. ARA HTrust US (10.46%):
- Distressed hospitality trust......High yield due to the depressed stock price......

2. ARA LOGOS Log Tr (9.68%) 
- ARA brand name again?  Though need to pump in money for the first right issue in 2021......

3. Prime US Reit (9.07%)
- Small holding.


A return gain or loss will only be realised when I sell.  The current unrealised return winners and losers:

Unrealised Return Winners (英雄榜):

1. Keppel DC Reit (165.4% gain):
- Did not add more as I already have sufficient exposure to the REIT sector.

2. SGX (101.1% gain):
- Will stay for dividends and growth.

3. Mapletree Com Tr (58.8% gain):
- Did not add more as I already have sufficient exposure to the REIT sector.

Unrealised Return Losers (狗熊榜): 

1. Eagle HTrust (100% loss)
- Consider this a total loss..... 

2. Duty Free Int'l (49.6% loss)
- Keep in cold storage.

3. ARA HTrust US (46.7% loss)
- Keep in cold storage.

Luckily these are the last 3 positions in my portfolio......

Wishing everyone Happy New Year and a Healthy and Prosperous 2021.

Sunday, 24 May 2020

Portfolio Review - My REIT performance

So the long awaited black swan, in the form of the invisible coronavirus, has finally arrives...

The event this year is unprecedented.  How could we ever imagine such things as cross-border travel and businesses would come to almost a complete halt? 

I have been through the Lehman brothers' crash, although my portfolio was very much smaller at that time.  My REIT counters accounted for almost half of my portfolio this time, and it is time to do a review on their performace so far.

1. Industrial Reits
 Grade A: Keppel DC Reit, Ascendas Reit, Frasers L&C Tr.
- Strong performance, still above my average price.

Grade B: Aims APAC Reit.
- In green territory, still above my cost price (with dividends collected).

Grade C: Cromwell Reit, ARA LOGOS Log Tr.
- In red territory, even with dividends accounted for.

Comment: Performance varies depends on the type and brand names.  Cromwell Reit just does not have buffer from the dividend collected.

2. Healthcare Reit
Grade A: ParkwayLife Reit.

Comment: Least affected and as strong as ever.  ParkwayLife Reit has climbed to number 4 in my portfolio.
 
3. Commercial Reit
Grade A: Mapletree Comm Tr.

Grade B: Suntec Reit, Kep Pac Oak Reit.

Grade C: Prime US Reit.

Comments: Prime US Reit just does not have buffer from the dividend collected. Performance of Commercial Reits down the road remains uncertain as WFH concept may become common.

4. Retail Reit 
Grade B: CMT, FCT, Starhill Global Reit, Sasseur Reit, SPH Reit.

Grade C: Lendlease Reit.

Comment: Retail Reits badly affected and there is no Grade A performer here. And don't kid ourselves that everything will return to normal soon.

5. Hospitality Reit 
Grade C: CDLHT, FEHT, ARA HT.

Grade D: Eagle HT (Dead).

Comment: Worst hit type of Reits.  Though the Malaysian workers staying in Singapore offer minor relief to the hospitality sector.  No sight on recovery.

6. Business Trust
Grade A: Netlink NBN Tr.

Grade B: Keppel Infra Tr, Accordia Golf Tr.

Comment: Infrastructure Trusts seem not much affected as they provide essential services.  Impact on AGT uncertain but does not look good.

The prices on most of the Reits are very tempting, but I am not buying as I have quite a substantial exposure already.

Wednesday, 1 January 2020

2019 Portfolio Review

I am becoming lazy to doing updates...

Time flies and 2019 is gone.  All my tradings are done and all dividends are collected.  It is time to do a final review on my portfolio's performace in 2019.

Top 30 positions of my portfolio at end 2019:
1. SGX
2. UOB
3. CMT
4. SATS
5. OCBC
6. FCT
7. Keppel DC Reit
8. ParkwayLife Reit
9. AIMS APAC Reit
10. Keppel Corp
11. CDL HTrust
12. Mapletree Com Tr
13. SPH
14. Suntec Reit
15. SingTel
16. SPH Reit
17. Frasers Com Tr
18. Ascendas Reit
19. Starhill Global Reit
20. Capitaland
21. Frasers L&I Tr
22. Keppel InfraTr
23. Bukit Sembawang
24. SIA Engg
25. Sembcorp Indust
26. VICOM
27. ST Engg
28. Frasers Property
29. Cache Log Tr
30. Netlink NBN Tr

Total dividends collected in 2019: $17,124.43
Average monthly dividends: $1,427.04 (7.2% up cf. 2018)
Portfolio yield: 4.78%

Top Dividend Contributors: 

1. SGX (10.29%):
- SGX is the top counter in my portfolio and no surprise that it is the top dividend contributorSGX has dividend payout every quarter, almost like a REIT.

2. UOB (7.64%):
- UOB has became 2nd in my portfolio.

3. AIMS APAC Reit (6.22%):
- Hope there will be no merger change to this Reit in 2020.

In 2018, the top 3 dividend contributors accounted for 23% of my total dividends.  In 2019, the top 3 dividend contributors accounted for 24% of the total dividends. So, not much diversification achieved this year.

Next, some New Year fun and amusement. 

Dividend Yield Winners (龙虎榜):

1. Sasseur Reit (9.54%):
- Small reit from China.....

2. KepPacOak Reit (9.50%) 
- Commercial reit from USA.....

3. Duty Free Int'l (9.43%)
- My only holding outside the mainboard.  


A return gain or loss will only be realised when I sell.  The current unrealised return winners and losers:

Unrealised Return Winners (英雄榜):

1. Keppel DC Reit (97.6% gain):
- Unfortunately I did not buy more as I did not expect it to rise up so much in value.

2. SGX (88.4% gain):
- Will stay for dividends and growth.

3. Mapletree Com Tr (71.1% gain):
- Unfortunately I did not buy more as I did not expect it to rise up so much in value.

Unrealised Return Losers (狗熊榜): 

1. Duty Free Int'l (41.4% loss)
- I probably should not have wandered outside the mainboard. 

2. Eagle HTrust (31.4% loss)
- Keep in cold storage.

3. Sembcorp Industries (27.4% loss)
- Keep in cold storage.


Wishing everyone Happy New Year and a Prosperous 2020.

Saturday, 7 September 2019

My Stock Portfolio @ end Aug 2019

Top 30 in my portfolio:
No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
6,000
13.45
8.20
2
UOB
1,047
7.14
24.96
3
CapitaLand Mall Tr
9,000
6.52
2.65
4
FCT
7,000
5.26
2.75
5
SATS
4,000
5.25
4.80
6
OCBC Bank
1,499
4.36
10.65
7
ParkwayLife Reit
5,000
4.22
3.09
8
AIMS APAC Reit
10,584
4.08
1.41
9
CDL HTrust
9,000
3.94
1.60
10
Keppel DC Reit
7,400
3.70
1.83
11
Keppel Corp
2,300
3.67
5.84
12
SPH
6,000
3.26
1.99
13
Suntec Reit
5,800
3.06
1.93
14
Mapletree Com Tr
4,800
2.99
2.28
15
SingTel
3,190
2.76
3.17
16
SPH Reit
8,500
2.53
1.09
17
Starhill Global Reit
12,000
2.46
0.75
18
Frasers Com Tr
5,318
2.38
1.64
19
Frasers L&I Tr
6,000
2.00
1.22
20
CapitaLand
2,000
1.90
3.47
21
Keppel InfraTr
12,000
1.69
0.515
22
Ascendas Reit
2,000
1.68
3.08
23
Bukit Sembawang
1,000
1.39
5.07
24
Sembcorp Indust
1,800
1.02
2.07
25
SIA Engg
1,500
1.00
2.43
26
ST Engg
800
0.86
3.94
27
Frasers Property
1,800
0.86
1.75
28
Cache Log Tr
4,000
0.78
0.715
29
Netlink NBN Tr
3,000
0.73
0.89
30
Cromwell Euro Reit
3,000
0.62
0.495
Movement in my portfolio in Aug:-
Sold:- Nil
Bought:- Frasers Comm Tr (DRIP)

Dividends collected this month: $3,701.68
2019 avg dividends/month: $1,490.02 [8.35% up cf. 2018]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Bumper month in August.  Missed my Dividend target of $4K again this August, as I had lost the contribution from Starhub and ParkwayLife Reit is paying in September.

2. Current worst performing counter: Duty Free Int'l (43.7% unrealised loss). 

Thursday, 1 August 2019

My Stock Portfolio @ end Jul 2019

Top 30 in my portfolio:
No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
6,000
12.83
7.92
2
UOB
1,047
7.46
26.40
3
CapitaLand Mall Tr
9,000
6.37
2.62
4
SATS
4,000
5.21
4.82
5
FCT
7,000
4.93
2.61
6
OCBC Bank
1,499
4.67
11.54
7
AIMS APAC Reit
10,584
4.23
1.48
8
ParkwayLife Reit
5,000
4.13
3.06
9
CDL HTrust
9,000
3.99
1.64
10
Keppel Corp
2,300
3.97
6.40
11
SPH
6,000
3.58
2.21
12
Keppel DC Reit
7,400
3.42
1.71
13
Suntec Reit
5,800
2.99
1.91
14
SingTel
3,190
2.87
3.33
15
Mapletree Com Tr
4,800
2.68
2.07
16
Starhill Global Reit
12,000
2.58
0.795
17
SPH Reit
8,500
2.46
1.07
18
Frasers Com Tr
5,241
2.28
1.61
19
CapitaLand
2,000
1.95
3.62
20
Frasers L&I Tr
6,000
1.94
1.20
21
Ascendas Reit
2,000
1.65
3.06
22
Keppel InfraTr
12,000
1.65
0.51
23
Bukit Sembawang
1,000
1.48
5.50
24
Sembcorp Indust
1,800
1.14
2.34
25
SIA Engg
1,500
1.07
2.65
26
ST Engg
800
0.92
4.24
27
Frasers Property
1,800
0.88
1.81
28
Cache Log Tr
4,000
0.83
0.77
29
Netlink NBN Tr
3,000
0.70
0.865
30
Cromwell Euro Reit
3,000
0.63
0.51
Movement in my portfolio in Jul:-
Sold:- Nil
Bought:- Prime US Reit

Dividends collected this month: $208.28
2019 avg dividends/month: $1,174.07 [15.5% up cf. 2018]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Advance distribution for FCT and Cromwell Euro Reit prevented the usual big "0" in July.

2. Current worst performing counter: Duty Free Int'l (36.7% unrealised loss). 

Tuesday, 2 July 2019

My Stock Portfolio @ end Jun 2019

Top 30 in my portfolio:
No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
6,000
12.76
7.92
2
UOB
1,047
7.35
26.13
3
CapitaLand Mall Tr
9,000
6.36
2.63
4
SATS
4,000
5.61
5.22
5
FCT
7,000
4.89
2.60
6
OCBC Bank
1,499
4.59
11.40
7
AIMS APAC Reit
10,584
4.12
1.45
8
Keppel Corp
2,300
4.11
6.66
9
ParkwayLife Reit
5,000
4.07
3.03
10
CDL HTrust
9,000
3.94
1.63
11
SPH
6,000
3.93
2.44
12
Keppel DC Reit
7,400
3.32
1.67
13
Suntec Reit
5,800
3.02
1.94
14
SingTel
3,190
3.00
3.50
15
Mapletree Com Tr
4,800
2.69
2.09
16
Starhill Global Reit
12,000
2.50
0.775
17
SPH Reit
8,500
2.44
1.07
18
Frasers Com Tr
5,241
2.35
1.67
19
Frasers L&I Tr
6,000
1.95
1.21
20
CapitaLand
2,000
1.90
3.53
21
Ascendas Reit
2,000
1.68
3.12
22
Keppel InfraTr
12,000
1.63
0.505
23
Bukit Sembawang
1,000
1.55
5.77
24
Sembcorp Indust
1,800
1.16
2.41
25
SIA Engg
1,500
1.01
2.51
26
Frasers Property
1,800
0.90
1.87
27
ST Engg
800
0.89
4.14
28
Cache Log Tr
4,000
0.85
0.79
29
Netlink NBN Tr
3,000
0.72
0.89
30
Silverlake Axis
4,500
0.65
0.535
Movement in my portfolio in Jun:-
Sold:- Nil
Bought:- Astrea VB3.85%, AGT, FCT (Rights). 
DRIP: FEHT, AIMS APAC Reit, OCBC.
Dividends collected this month: $1,073.18
2019 avg dividends/month: $1,335.04 [12.6% up cf. 2018]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. I am wrong in my assumption that no new IPO is in the near future.  What, another US REIT is coming!

2. Current worst performing counter: Duty Free Int'l (36.4% unrealised loss). 

Tuesday, 4 June 2019

My Stock Portfolio @ end May 2019

Top 30 in my portfolio:
No. STOCK NAME No.of SHARES PORTFOLIO% MARKET $
1
SGX
6,000
12.87
7.38
2
UOB
1,047
7.15
23.50
3
CapitaLand Mall Tr
9,000
6.31
2.41
4
SATS
4,000
5.90
5.07
5
OCBC Bank
1,467
4.51
10.57
6
ParkwayLife Reit
5,000
4.35
2.99
7
FCT
6,000
4.22
2.42
8
CDL HTrust
9,000
4.21
1.61
9
AIMS APAC Reit
10,376
4.19
1.39
10
SPH
6,000
4.08
2.34
11
Keppel Corp
2,300
4.03
6.03
12
Keppel DC Reit
7,400
3.36
1.56
13
Suntec Reit
5,800
3.07
1.82
14
SingTel
3,190
2.97
3.20
15
Mapletree Com Tr
4,800
2.67
1.91
16
SPH Reit
8,500
2.57
1.04
17
Starhill Global Reit
12,000
2.56
0.735
18
Frasers Com Tr
5,241
2.29
1.50
19
Frasers L&I Tr
6,000
1.99
1.14
20
CapitaLand
2,000
1.87
3.22
21
Ascendas Reit
2,000
1.70
2.92
22
Keppel InfraTr
12,000
1.62
0.465
23
Bukit Sembawang
1,000
1.62
5.58
24
Sembcorp Indust
1,800
1.26
2.41
25
SIA Engg
1,500
1.06
2.42
26
Frasers Property
1,800
0.94
1.80
27
ST Engg
800
0.91
3.91
28
Cache Log Tr
4,000
0.84
0.725
29
Netlink NBN Tr
3,000
0.72
0.83
30
Silverlake Axis
4,500
0.69
0.53
Movement in my portfolio in May:-
Sold:- Nil
Bought:- ARA HTr, Eagle HTr, Frasers Com Tr (DRIP).
Dividends collected this month: $3,033.71
2019 avg dividends/month: $1,240.83 [7.8% up cf. 2018]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Late update this month as my soul went to Madrid for the Champion League Final and then over to Liverpool for the victory parade. 

2. Bumper month in May.  Despite the loss of contribution from Starhub, May's dividend exceeded $3K for the first time in my journey. 

3. Bought ARA HTr and Eagle HTr from IPO.  They will contribute to my not too productive months of March and September in the future.  

4. With the looming trade war, guess won't be any new IPO in the near future.  Reserving some bullets for the coming FCT preferential offering and the new Astrea bond.

5. Current worst performing counter: Duty Free Int'l (36.4% unrealised loss).