Monthly Summary of May 2023

 For past 4 weeks, these are the transactions:

• Added DBS @ $32.26.
• Added UOB @ $28.01.
• Added CapitaLandInvest @ $3.52.
• Added AIMS @ $1.33.
• Added SGX @ $9.25.
• Added Mapletree Industrial Trust @ $2.36.
• Added Mapletree Logistic Trust @ $1.65.
• Added Ascendas Reit @ $2.72.
• Added QQQM @ US$138.40.
• Added Tesla @ US$180.10.

Local Portfolio (S$)

Investing: $251127

Market Value: $311434
Accumulated Dividend: $31227 (YTD: $7082)

Oversea Portfolio (US$)

Investing: US$102269
Market Value: US$78536

Accumulated Option Premium: US$28297 (YTD: US$8610)

Monthly Summary of February 2022

For past 4 weeks:

Added AIMS @ $1.40.
Added ComfortDelgro @ $1.42.

Local Portfolio (S$)

Investing: $208561

Market Value: $244288
Accumulated Dividend: $12895

Oversea Portfolio (US$)

Investing: US$76622
Market Value: US$54135

Continue to show signs of bottoming for China tech stocks

as observed from the technical analysis of Alibaba, KWEB and 3067. Alibaba's chart has a potential inverse head-shoulder formation; currently at the right shoulder. As mentioned in this post http://ainvestor.blogspot.com/2021/10/is-this-beginning-of-convergence.html on 9 Oct 2021 that there are chances to buy in during a pullback which appear to be this right shoulder. A break above recent high at about US$182 should confirm a reversal. So what is needed for its price to surge above US$182? Coming soon is its result announcement on 18 Nov 2021. I am making assumption that we are currently at "Hope" of stage 4 market cycle mentioned here https://www.dsij.in/Insight/Mindshare/Article-Detail/Market-cycles-and-emotions.

Added AIMS @ $1.43.
Started new position on ComfortDelgro @ $1.51

China Evergrande Crisis has created

more fear in the stock market as shown by the Fear & Greed Index. So what do you plan to do?

No one could know when is the bottom for China tech sector. What I would do is to continue DCA on 9988 and 3067, and to practice ***diamond hand***.

CapitaLand has been replaced with CapitaLandInvest. Its share price has surged up from the consideration price of $2.823, closed at $3.30 on Friday. I have made some adjustment to my local portfolio spreadsheet, and CapitaLandInvest is currently the 2nd best performance!

Added AIMS @ $1.43.
Added SGX @ $10.08.
Reduced ST Engineering @ $3.86.
Added 9988 @ HK$147.

Are we now moving into stage 4

of China tech market cycles as mentioned in https://www.dsij.in/DSIJArticleDetail/ArtMID/10163/ArticleID/12212/Market-cycles-and-emotions? Only time could tell.

I have started a new position in Ascott Trust when its price plunged below $1 since I always want to invest in a hospitality reit.

Divested some Jardine C&C @ $19.65.

Bought Ascott Trust @ $0.985.
Added AIMS @ $1.47.
Added SembCorp @ $1.89.
Added Mapletree Industrial Trust @ $2.90.
Added Ascendas Reit @ $3.06.
Added 3067 @ HK$13.93.
Divested Palantir @ US$26 (via options).

Reached 50% of my targeted dividend

for this year. I have 5 more months to get the remaining $4k dividend. I am quite confident since dividend are expected to improve for most of the companies. Eg. MAS has lifted dividend cap on Singapore banks :)

I have started to invest into 9988 - Alibaba listed in HK market, and have the intention to convert BABA to 9988 progressively.

Divested all Sembcorp @ $2.05.
Added AIMS @ $1.55.
Added CapitaLand China Tr @ $1.35.

Bought 9988 @ HK$186.20.

The war chest for my oversea portfolio

almost hit bottom due to china technology stocks (eg. KWEB) has plunged nearly 40% since its peak for the past 4 months. I would need some time to rebuild up my oversea portfolio's war chest. Currently, my oversea portfolio is in its deepest red at -6%, a big contrast with my local portfolio sitting at a profit of +20%.

Added AIMS @ $1.55.
Added KWEB @ US$63 (via short put option)

IReit Global starts its Preferential Offering

on 2 July with each share @ $0.595. Under the preferential offering at an allotment ratio of 214 new units for every 1000 existing units, I would be allocated 856 shares. However, I would definitely want to apply for excess shares :)

Moving forward, I would be using my Interactive Brokers account for US shares and options trading due to its low fee and fractional trading feature, I would be transferring my USD fund from Tiger Brokers to Interactive Brokers progressively. This can be done by withdrawing of USD from Tiger Brokers to my DBS multi currency account, then deposit them into Interactive Brokers.

Added OCBC @ $11.76.
Added KWEB @ US$70.
Added Alibaba @ US$223.
Divested some AIMS @ $1.52.
Divested all Palantir @ US$24.88.

Cyclical stocks are going up

while technology stocks and REITs are coming down. So what I have been doing recently, and would continue to do so is to rebalance my local stock portfolio. STI has hit 3100 target this week as mentioned in https://ainvestor.blogspot.com/2021/01/what-is-next-target-for-sti.html.

For my oversea portfolio, it has weaken further; at one time it even dip into negative region before rebounding. I would simply continue with my DCA strategy.

Sold some OCBC @ $11.79.
Sold some SGX @ $10.100.
Added Mapletree Industrial Tr @ $2.57.
Added Keppel DC Reit @ $2.55.
Added AIMS @ $1.29.
Added ASHR @ US$38.84.
Added Alibaba @ US$229.83.

October is the month

to end the sideway movement of stock market based on past years statistic. There are only 2 weeks+ to US Presidential election. I am looking to invest another $10k in local market by end of this year.

This week, managed to add these stocks:

• AIMS @ $1.19
• ASHR @ US$36.21
• KWEB @ US$72.91

STI ranged between 2518 and 2570.

STI continues to weaken

and may test 2500 in coming week.

The following companies in my portfolio have released result:

• CapitaMall Trust
• AIMS
• SembCorp

Nibbled on:

• DBS @ $20.66.
• SembCorp @ $1.74.
• ASHR @ US$32.58 (via Tiger Brokers)

STI ranged between 2572 and 2644.

Broaden my portfolio

this week while STI hit a low @ 2574; a 9.3% retracement from recent high.
The next support level is @ 2500.

Added STI ETF @ $2.64, and broaden my portfolio with these purchases:

• AIMS @ $1.22.
• SembCorp @ $1.88.

Left 2 more trading days to close this month.

STI ranged between 2574 to 2652.