Monthly Summary of April 2023

 For past 4 weeks, these are the transactions:

• Reduced Jardine C&C @ $32.80.
• Added Parkway Life Reit @ $3.915.
• Added Tesla @ US$194, 166.

Local Portfolio (S$)

Investing: $239850

Market Value: $308117
Accumulated Dividend: $28063 (YTD: $3919)

Oversea Portfolio (US$)

Investing: US$119260
Market Value: US$85149

Accumulated Option Premium: US$26855 (YTD: US$7168)

Monthly Summary of January 2023

For past 4 weeks, these are the transactions:

• Added UOB @ $29.40.
• Added ComfortDelgro @ $1.21.
• Added Jardine C&C @ $29.04.
• Added SGX @ $8.81.
• Added Parkway Life Reit @ $3.75.
• Added QQQM @ US$116.50.

Local Portfolio (S$)

Investing: $237219

Market Value: $308341
Accumulated Dividend: $24145 (YTD: $0)

Oversea Portfolio (US$)

Investing: US$84477
Market Value: US$57087

Accumulated Option Premium: US$21652 (YTD: US$2265)

Both my US and HK portfolio are still in

RED, as I have been focusing more on China tech stocks. However, they have recovered quite a bit for past 1 to 2 weeks. For US portfolio, from -25% to -14%, and for HK portfolio, from -16% to -5%. I am practicing *** diamond hands *** as I believe in the companies that I am holding.

At the same time, I am using options to collect premium to help in the recovery. From the past 5 months since I started learning options trading, I have collected US$2200.

Reduced Jardine C&C @ $23.02.
Reduced CICT @ $2.11.
Added SGX @ $10.69.
Reduced ST Engineering @ $3.92.
Added Mapletree Ind Tr @ $2.74.

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).

Jack Ma 1st public appearance

since October 2020 causes Alibaba share price jumped on Wednesday, followed by a retracement for the next 2 days. However, it still break the resistance at ~US$252 easily. Currently, my average buy price is ~US$240. My plan for Alibaba is to add more:

• If it goes below US$240.
• If it goes above recent high at ~US$269.
• If it break above the 100MA

For the past week: 

Sold some Jardine C&C @ $22.81.
Added Mapletree Industrial Trust @ $2.89.
Added Keppel DC Reit @ $2.82.
Added Alibaba @ US$257.20.
Added ASHR @ US$42.40.

STI ranged between 2981 and 3017.

Gold has continued its retreat

and is getting into my radar. I have mentioned in my previous post that I would plan to include Gold related investment into my portfolio in 2021. I would monitor to execute my first purchase of goldmine ETF based on technical analysis.

STI is back to 3000 after ~11 months - a surge of about 580 points (~24%) since Nov 2020. For the past week, I have:

Sold some Jardine C&C @ $22.02.
Added KWEB @ US$79.90.
Added Alibaba @ US$242.75.

STI ranged between 2968 and 3012.

Only ONE more month

to end of 2020. I have achieved my first target which is to make a $150k investment in my local stock portfolio. However, I am thinking to extend it by another $10k to $160k before year-end.

This week, I have divested some Jardine C&C @ $20.90, and added on ASHR @ US$38.01.

Due to my recent divestment, I am looking for opportunities to re-deploy the money again while STI is testing 2800.

STI ranged between 2724 and 2814.

STI went below 2500

while Dow & Nasdaq continue to retrace.

Divested about $3400 of SembCorp investment via SembMarine entitlement, and added some of the following:

• Jardine C&C @ $17.95
• SGX @ $8.45
• KWEB @ US$65.98

STI ranged between 2476 and 2528.

STI plunged below 2500

and recovered.

Nibbled on the following shares:

• Jardine C&C @ $19.01
• STI ETF @ $2.553
• SGX @ $8.61
• ASHR @ US$24.05

Managed to divest some DBS @ $20.43.

STI ranged between 2478 and 2566.

Q2 Companies' Result

release has started. The results would reflect how much the Circuit Breaker has impacted the companies. Most of the poor result performance should have been reflected in the current share price (Eg. SembCorp Marine).. Let''s see how SembCorp's share price will react on coming Monday.

Nibbled on STI ETF @ $2.667 and Jardine C&C @ $20.17.

STI ranged between 2604 and 2670.

Sell hiGH, Buy LOw

Did I manage to follow my plan mentioned in dow-jones-jumped-829-points?

Let's see:

• Jardine C&C did not reach $22.62 on Monday, but added some @ $22.37 on Thursday.
• Added Singtel @ $2.64.
• UOB filled the big gap @ $23.20 on Tuesday; sold some @ $23.30. Later on Thursday, bought them back @ $22.46 for upcoming dividend.

In addition:

• Sold some DBS @ $23.40 since it filled a gap on Monday, and bought them back @ $22.39 on Thursday.
• Added STI ETF @ $2.746.
• Added OCBC @ $9.03.
• Bought CapitaMall Trust @ $1.99.

There are lots of actions happening on Thursday and Friday as STI plunged 96 and 19 points respectively. This week, STI ranged between 2609 to 2839.

Dow Jones jumped 829 points

on Friday due to a surprise job surge.

Many blue chips in STI would expect to see a gap up in price on this coming Monday.
What is my plan?

• Jardine C&C - it would go XD on Monday. Based on Friday closing price @ $23.58 and dividend of about $0.96, opening price may be around $22.62.
• Singtel - its chance to play catch up due to this rumor Amazon in talks to buy US$2b stake in Singtel associate Bharti Airtel. May purchase more on weak selling.
• UOB - its price may take this chance to fill gaps on 8 and 9 Mar 2020 ($23.68, $23.20). I may want to do a re-invest similar to Jardine C&C mentioned in STI playing catch-up on lifting of circuit breaker.

The above plan would depend on how the prices move on Monday.

STI playing catch-up on lifting of circuit breaker

STI has rallied for the past week! Ranged between 2516 to 2755.

As stated in Last week of May 2020 about ComfortDelgro to hit about $1.39 on Monday, I managed to buy some ComfortDelgro @ $1.38, and it has since recovered from its selldown.

In addition, I sold some Jardine C&C @ $24, and managed to buy back @ $23 for the upcoming dividend. Another way to re-invest.

4th round of purchases in May 2020

Didn't expect to make some purchases on last day of the week.
An unexpected plunge of 5% in Hang Seng triggered by Beijing plans to impose new national security laws. STI went below 2500 too.

Stick to my plan, and these are my purchases:

• UOB @ $19.73; average price @ $19.662.
• OCBC @ $8.53; average price @ $8.702.
• Capitaland @ $2.87; average price @ $2.89.
• Jardine C&C @ $19.77; average price @ $19.765.
• STI ETF @ $2.541.

STI ranged between 2490 to 2596.

3rd round of purchases in May 2020

Sell in May and go away.
It is happening even in bear market.

When there is fear in market, I would continue my purchase.
This week's purchase:

• DBS @ $19.17; with this purchase, average price @ $19.02.
• UOB @ $19.69; with this purchase, average price @ 19.65.
• OCBC @ $8.82; with this purchase, average price @ $8.75.
• ComfortDelgro @ $1.57.
• Capitaland @ $2.91.
• Jardine C&C @ $19.76.
• CapitaR China Tr @ $1.29.

STI ranged between 2516 to 2611.