Saturday, 24 December 2016

2016 Portfolio Review (Part 1): Winners and Losers

Time flies and 2016 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 2016.

Top Dividend Contributors: 

1. Saizen Reit (16.15%):
- The special dividend made Saizen Reit the first counter to attain freehold status in my portfolio.

2. Starhub (10.49%):
- Starhub would still be the top dividend contributor if not for the one season wonder Leicester City...oh Saizen Reit.

3. SGX (8.67%):
- SGX has dividend payout every quarter, almost like a REIT.

Dethroned: Starhub (2015). 

In 2015, the top 3 dividend contributors accounted for 37% of my total dividends.  In 2016, the top 3 dividend contributors accounted for just 35% of the total dividends. So, a bit of diversification.

Next, some Christmas fun and amusement. 

Dividend Yield Winners (龙虎榜):

1. Saizen Reit (18.97%):
- This is actually the cash return or special dividend from Saizen Reit after it sold all its properties.
- Not a bad return after just a few months of holding Saizen Reit.
- Still waiting for details of its RTO...

2. Keppel Infra Trust (7.83%) 
- Have been holding CitySpring since its IPO.  
- Not a concern to me as its current price is higher than my breakeven price.
- May probably average down

3. AIMSAMPI Capital Industrial Reit (7.54%)
- Current price is less than my average price but higher than my breakeven price.
- Not too much concern to me as it is less than 5% of my portfolio.
- May probably average down. 

Dethroned: Boustead (2015).

Dividend Yield Losers (老鼠榜): 

1. Mapletree Com Tr (1.90%)
- MCT got first place because I added the bulk of MCT in 2016 Q4 and missed most of the dividend payouts for the year. 

2. ParkwayLife Reit (2.66%)
- Same situation as MCT.

3. Capitaland (3.02%)
- Sleeping giant.  I am still waiting for it to wake up to its potential and hoping its dividend could increase.

Dethroned: Capitaland (2015).

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 (79.5% gain):
- This is one of my foundation stocks and will remain for keep.
- SGX retains the trophy for this category.

2. SATS (71.7% gain):
- Will stay for dividends and growth.

3. Capitaland Mall Trust (29.6% gain):
- I loaded more CMT in the weaken Reit market.
- Will stay for dividends.

Unrealised Return Losers (狗熊榜): 
The three musketeers from STI Index:
1. SIA Engg (21.2% loss)
- Price continues to decline to a 5-years low. 
- Still pondering whether to add more or not? 

2. Sembcorp Industries (15.8% loss)
- Probably could recover some loss after next dividend payout.

3. Keppel Corp (14.8% loss)
- The worst is over for Keppel Corp?
- May probably average down.

Dethroned: Keppel Corp (2015).

Wishing everyone a Merry Christmas and a Prosperous 2017.


  1. Hi there,

    Incidentally, I have written a recent article on SIAEC.
    Do check it out and feel free to comment!


    1. Hi Gerald,

      Thanks for sharing.


  2. SGX is on my watchlist too given it is the only stock exchange in Singapore. However the stock price have gone up quite a fair bit. Have to watch for opportunity to dive in.

    1. Hi SR,

      I am also waiting for opportunity to add more SGX.


  3. Hi PIf

    Whats up with the Leicester City lol... i also made some money from it last season :)

    Congrats in your achievement and building bricks slowly one by one. Its gaining traction and fruits and it will even be more in the upcoming years.

    1. Hi B,

      Like Leicester City in English Premier League, I do not see Saizen Reit winning in my Christmas awards again. Haha.


  4. Still can buy Saizen or we risk losing all the money if delisted?

    1. Hi Siwei,

      Sime Darby will inject its Australian properties into Saizen Reit in a RTO. Saizen Reit is "freehold" for me and I will wait around for Sime Darby's RTO. But I do not know whether it is good to initiate a new position? DYODD.