Thursday, 24 December 2015

2015 Portfolio Review (Part 1): Winners and Losers

Time flies and 2015 is ending soon.  All my tradings are done and all dividends are collected.  It is time to review my portfolio's winners and losers in 2015.

Top Dividend Contributors: 

1. Starhub (13.82%):
- 4th telco looming, but consistent Starhub is still the top dividend contributor.

2. SGX (12.62%):
- SGX has dividend payout every quarter, almost like a REIT.

3. SPH (10.88%):
- Good old SPH is one of the consistent contributor to my dividend incomes.

Dethroned: SPH (2014). 

In 2014, the top 3 dividend contributors accounted for 46% of my total dividends.  In 2015, the top 3 dividend contributors accounted for just 37% of the total dividends. So, a bit of diversification.

Next, some Christmas fun and amusement. 

Dividend Yield Winners (龙虎榜):

1. Boustead (37.18%):
- Special dividend payout (I considered the free Boustead Proj shares as special dividend from Boustead).
- Huge weakening of Boustead stock value after spinning off Boustead ProjectCurrent price is less than my breakeven price.
- Should have sold after getting the special dividend.

2. Keppel Infra Trust (10.92%)
- Special dividend payout, after merging with CitySpring.
- Have been holding CitySpring since its IPO.  Not a concern to me as its current price is higher than my breakeven price.

3. HPHT (9.19%)
- Highest dividend payer from STI component stocks.  Current price is less than my average price and breakeven price.
- Not too much concern to me as it is just 1% of my portfolio.
- May probably average down. 

Dethroned: HPHT (2014).

Dividend Yield Losers (老鼠榜): 

1. Capitaland (2.70%)
- Sleeping giant.  I am still waiting for it to wake up to its potential and hoping its dividend could increase.
- Capitaland retains the trophy for this category. 

2. SATS (3.60%)
- The share price has increased, but dividends remain the same.

3. SGX (3.81%)
- Hope the increase in dividend in November could be sustained.

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. SGX (83.7% gain):
- This is one of my foundation stocks and will remain for keep.

2. CapitaMall Trust (44.1% gain):
- Will stay for dividends.

3. SATS (35.6% gain):
- Will stay for dividends and possibly growth.

Dethroned: Sing Post (2014).

Unrealised Return Losers (狗熊榜):

1. Keppel Corp (18.3% loss)
- Fallen giant.  Stock value depressed due to low oil price.
- May probably average down. 

2. SIA Engg (16.9% loss)
- Probably could recover some loss after next dividend payout.

3. HPHT (15.3% loss)
- Double winner HPHT failed to defend the 2 titles it won in 2014.

Dethroned: HPHT (2014).

Wishing everyone a Merry Christmas and a Prosperous 2016.


  1. Hi Farmer,

    A outstanding performance. Hope I could say the same for mine. Merry chrrismas !

    1. Hi SI,

      Merry Christmas! I think I am just doing so so.