Denver’s Portfolio

I have started to do dca for sti etf for quite sometime. Not Long ago, I just received $14.12 of dividends from g3b. Now I am selling all my 262 units of my g3b. This is a lesson to be learn. Due to the Wuhan virus, the market will definitely take a hit especially the tourism sector. I have to sell my g3b to prepare more cash for potentials buys in the coming future. This all can be prevented, if I have more cash on me. I learnt that instead of investing close to 80 percent of my cash in the market. I should keep more cash in my war chest and emergency funds. Therefore, I will save more cash in the future to prevent such scenario.

On 10 jan, I bought 500 shares of CDG at $2.27. ComfortDelGro is a well known and essential company for many Singaporeans. We use their services almost every time we need to go out of our house and travel to another place. Most of their businesses are quite resilient except facing the challenge from companies like grab which hinder on the profits of the taxi segment. Based on the latest third quarter results, so far profits for 2019 is less than 2018.  For 2018 full year eps is 14.01 cents and for the 3 quarters of 2019 is 9.99 cents. Overall, for the full year profits and eps I am expecting it to be lower than 2018. I bought at $2.27 expecting to receive dividend yield of around 4 .5-7 percent if the dividend stays the same or decrease by a little. This is reference from the past 3 years of dividend rate. ComfortDelGro has a very good track record of increasing dividend for many years. If the share price continues to drop I might buy more. Based on the group’s outlook th...

Since it is coming to year end of 2019, let me do a conclusion on my investment journey in 2019. I started investing in July 2019. The below results are the results of my portfolio. The worst performing stock is sph reit which I just bought not Long ago, I still have faith in sph reit. Not anticipating any major capital appreciation from sph reit. What I like is the high occupancy rate of sph reit. Not going to add more of sph reit for now. When I bought Genting sing, what I like is the increase in profit of the non gaming segment. Currently, the performance is still within my expectation, potential IR in japan might bring Genting sing up to a higher price but I am not going to add more for now. For prime us reit, results beat the forecasted results in the ipo prospectus which is also out of my expectation. Not planning to add more for now.  One of my best performing stock is actually Koufu which is the first stock I ever bought. Looking on to add more if it goes b...

On 29 Nov, I bought into SPH reit, after looking at the financials , dpu has been growing and there are still upcoming acquisitions. I bought at the price of 1.07, I think is not exactly cheap but is reasonable. Since I am holding for Long term, the stable dividends from sph reit can help to increase my cash flow. I accidentally bought with cash account instead of cash up front account so I paid $25 in terms of commissions. However, I think I can get them back because of the promotion of first 5 trade free commission from dbs. Nonetheless, we shall see how sph reit will perform.

26/8/2019 Last week China and US announced new trade tariffs. The market drop around 1.5 percent today morning. Bought 1400 units of Genting Sing at $0.875 for total $1225. Genting Sing share price drops quite a lot from around $1 at start of 2019 to the $0.88 range today. At $0.875, it has a dividend yield of 4%. I will be holding this stock for long term as I see long term growth in this stock due to the expansion of casino, uss, possible japan gambling license. It is holding a significant amount of cash most likely using it for expansion. I do not expect a rise of dividends for this few years as the company needs the cash to fund the expansion. However, in long term, dividends should grow and share price should rise due to the expansion.

Subscribed 1000 units of prime us reit at $1.20SGD or 0.88 USD. Currently price at 0.90 usd, total gain of 2.27% or $27.39. This is the first reits that I have ever own, will be holding this for Long term. Expecting a rights issue for this reits when they going to acquire new properties. Most probably I will subscribe in the future. My current portfolio Prime us reit 1000 units cost $0.88 up 2.27% Koufu 1600 units cost $0.681 up 9.24% I am more of a dividend growth investor so I will hold these stocks for a Long period.

9/7/2019  Sold 1048 units of abf at $1.158. Take back $1213.58, taking in the dividends I got around $39 in profits which is around 3.3% from 2018-May to 2019-Jul. I also stop the rsp for ABF to take in more cash in order to buy into other stocks that I am interested but I will still continue the rsp for ABF. On my watch list now have  Koufu Sheng Siong Nam Lee Sats  Fraser property BreadTalk  CapitaLand Limited Dairy farm  Haw Par  F&N Sbs transit Sgx  Due to my limited capital I can only buy in 1 stock at a time. Currently, most of the talks are quite expensive except BreadTalk and dairy farm that are down quite a lot. However, BreadTalk valuation is still quite expensive compare to her peers. I will be taking a closer look at BreadTalk if it goes cheaper in the future I might buy into it.