I will remember Saizen Reit fondly despite the short acquaintance with this counter.
After going XD for the special dividend this week, all assets of Saizen Reit are gone and it becomes a cash holding, though it will continue trading on the stock exchange for the time being.
I
bought Saizen Reit when it was announced that there was a firm
offer to acquire all the assets of the Reit. The stock value has already crept up from
$0.80+ to $0.90+. As Saizen Reit's NAV is $1.10+, I thought it makes no sense to the owner to sell too much below the NAV. So, I bet that it would be sold near to its NAV.
Despite my small investment in Saizen Reit, it is setting records and milestone for me:
1. The special dividend declared for Saizen Reit will be the highest one-time dividend payout that I received so far. Hope this record will be broken in the future.
2. After XD, Saizen Reit becomes the lowest priced stock in my portfolio. Hope this record will not be broken.
3. The special dividend from Saizen Reit gives a great turbocharge to my 2016 dividend projection. The full year dividend is projected to exceed $12K for the first time in my investment journey.
I will not sell off my Saizen Reit now and will wait for the delisting cash payout. Maybe Saizen Reit could yet surprised us with a RTO......
Sunday, 13 March 2016
Friday, 4 March 2016
2016 Weekly Review - Week 9 [Bear Army defeated. 200K Milestone]
Quite a fair bit of happenings on week 9.
Finally a major turning point in the war against the Bear Army. 5 successive days of victory surely defeated the Bear Army......
There was no more Bear troops in my territory since Wednesday. My portfolio turned positive on Wednesday (not counting dividends collected).
My total portfolio value jumped more than $10K just this one week and its value crossed 200K for the first time.
My worst performing counter is still Keppel Corp, but its unrealized loss has narrowed to 23.3% its invested value after week 9. HPHT is second worst performer, with unrealized loss of 21% its invested value. If the O&G rally continues, Keppel Corp will soon get pass HPHT. SCI has recovered to unrealized loss of just 10.8%.
Reviewing my strategy over this 2016 Bear Attack, probably I should deploy more of my warchest. I have used some when my portfolio first went negative. Then I plan to use a second batch when my portfolio goes down 10%.
My portfolio had once declined more than 50% during the Lehman Bear Attack. But this 2016 Bear Attack has produced only a minor blip on my portfolio, and the loss never get close to 10%.
Time to lock up the warchest and maybe formulate a better strategy for the next Bear. Back to the boring business of continuing with my monthly DCA.
The weekly reviews end now. Unless there is an episode "The Bear Empire Strikes Back"......
Finally a major turning point in the war against the Bear Army. 5 successive days of victory surely defeated the Bear Army......
There was no more Bear troops in my territory since Wednesday. My portfolio turned positive on Wednesday (not counting dividends collected).
My total portfolio value jumped more than $10K just this one week and its value crossed 200K for the first time.
My worst performing counter is still Keppel Corp, but its unrealized loss has narrowed to 23.3% its invested value after week 9. HPHT is second worst performer, with unrealized loss of 21% its invested value. If the O&G rally continues, Keppel Corp will soon get pass HPHT. SCI has recovered to unrealized loss of just 10.8%.
Reviewing my strategy over this 2016 Bear Attack, probably I should deploy more of my warchest. I have used some when my portfolio first went negative. Then I plan to use a second batch when my portfolio goes down 10%.
My portfolio had once declined more than 50% during the Lehman Bear Attack. But this 2016 Bear Attack has produced only a minor blip on my portfolio, and the loss never get close to 10%.
Time to lock up the warchest and maybe formulate a better strategy for the next Bear. Back to the boring business of continuing with my monthly DCA.
The weekly reviews end now. Unless there is an episode "The Bear Empire Strikes Back"......
Tuesday, 1 March 2016
My Stock Portfolio @ end Feb 2016
| No. | STOCK NAME | No.of SHARES | PORTFOLIO% | MARKET $ | |
|---|---|---|---|---|---|
| SGX | |||||
| Starhub | |||||
| SPH | |||||
| SATS | |||||
| CapitaMall Trust | |||||
| OCBC Bank | |||||
| Suntec Reit | |||||
| SingTel | |||||
| AIMS AMPI Reit | |||||
| UOB | |||||
| Starhill Global | |||||
| CapitaLand | |||||
| FCT | |||||
| SPH Reit | |||||
| Keppel Corp | |||||
| Sembcorp Ind | |||||
| ParkwayLife Reit | |||||
| CDL HTrust | |||||
| Keppel DC Reit | |||||
| SIA Engg | |||||
| Keppel InfraTr | |||||
| ST Engg | |||||
| FCOT | |||||
| HPH Trust | |||||
| Saizen Reit | |||||
| MapletreeCom | |||||
| FE HTrust | |||||
| Boustead | |||||
Sold:- Nil.
Bought:- Saizen Reit, UOB.
Dividends collected in February: $1,159.25
2016 avg dividends/month: $659.09 [32.4% up at this stage cf. 2015]
Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).
Comments:
1. February joined May, August, November and December as months with more than 1K dividends.
2. Hopefully we have seen the bottom of this market crash. Buckle up the seat belt and enjoy the ride!
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