Saturday, March 16, 2013

2 new addition - capital gain objective

     

NamCheong and Tat hong entered my portfolio today, 2 great companies, that operate rispectively in the marine and crane businesses.

Rationale for acquiring NamCheong:
- 100% strong buy rating for analyst
- +25% potential increase on stock price in the next 2/3 quarters
- very promising returns with increasing revenues (+171%) and operating profits (+87.7%) YoY
- strong CAPEX influx in the Oil & Gas industry projected in the next 5 years (mainly driven by the Johor project in MY by Petronas)

Rationale for acquiring Tat Hong:
- 100% strong buy rating from analyst
- Singapore infrastructure development in the next 5 years is bullish (see Singapore Population White Paper) driven by population increase of ~6.9M people
- New project beying developed (rail system, houses, roads, ...) -
- Strong demand for Crane business as a result

Friday, March 1, 2013

Some shuffle in the portfolio





Today I made some changes to the portfolio, in particular:
1) Divested all my lots from ComfortDelGro (drop in analysts reccomendations as the price surged)
2) Entered 20 lots into LippoMalls (good analyst reccomendations, yield and potential for price increase)
3) Confirmed 6 lots into AIMS capital (for similar reasons)

Sunday, February 10, 2013

FIRST REIT and AIMS

 AIMS AMP Capital Industrial REIT

Today, I have initiated a position on FIRST REIT (14,000) and consolidated my position on AIMS capital (+6,000). Take a look at the portfolio on the right.

Rationales:
- high dividend yield on both stocks and strong analyst reccomendations
- potential of uplift of stock price (in particular for AIMS capital) compared to average analyst target prices
- solid fundamentals
- diversify the portfolio with positions in the health sector

As a side note, the market is an historical high and there are not many options out there to invest with high yield (~5-8%), the best I could find so far are REIT (in this case I am trying to diversify a bit) and high yield ETF (see my previous post on iShares ETF).

Looking forward for a prosperous 2013 ;-)

Dividend rider

Wednesday, December 26, 2012

iShares Asia High Yield Bond Index


Today, I have initiated a new long position with the iShares Asia High Yield Bond Index (QL3 on DBS Vickers).
Multiple reason to enter this ETF:
- differentiate my porfolio with an ETF (before this investment my porfolio was exclusively based on stocks)
- attractive yield, at the moment this ETF offers ~7.6% yield
- quarterly distribution in Mar, Jun, Sep, Dec make my cashflow more steady (http://sg.ishares.com/product_info/fund/distributions/SGX/O9P.htm)
- denominated in Singapore Dollars to reduce the currency variability

At the moment seems like a good investment given that the stock market is very high and it is very tough to find any stocks yielding at more than 7/8%.

Will wait for the first dividend in March and will decide if and how to continue with this ETF.

Monday, December 24, 2012

Cache Logistics & Mapletree Logistics


Today I just entered two long positions on Cache Logistics and Mapletree Logistics.

Both the stocks offer:

- good analyst recommendations (significant proportion of buy/strong buy)
- good dividend yield ~7% dividend
- quarterly paid dividend, excellent for my expected cashflow

For  Cache Logistics, the distinctive factor that influenced me is the very positive management results (take a look at the latest analyst presentations on their website http://www.cache-reit.com/), I really like their strategy focused on creating a sustainable stream of dividends for their stakeholders.


For Maplertee Logistics, it is a nice addition to my porfolio, since I already bought 10k at 0.97 so I feel event if the price is a bit high at the moment the weighted cost is still reasonable.


To me the real alternative at the moment is AIMS, but I do not want to overweight my portfolio of this stock at the moment. I still have some cash to spare in my warchest and I am planning to look at some alternative mean of investment. At the moment, I am getting quite interested iShares Barclays Capital USD Asia High Yield Bond Index ETF, I will spend some more time researching and eventually I will start a long term position with it while waiting for some corrections that will make other stocks attractive.