Monthly Summary of April 2022

For past 4 weeks:

• Added ComfortDelgro @ $1.47.
• Added Keppel DC Reit @ $2.19.
• Added Ascott Trust @ $1.09.

Local Portfolio (S$)

Investing: $213219

Market Value: $263018
Accumulated Dividend: $14479 (YTD: $2443)

Oversea Portfolio (US$)

Investing: US$75516
Market Value: US$44038

A big divergence between US and

China stock markets. I believe some convergence would take place sooner or later; what goes up would come down and vice versa. 

As mentioned in https://ainvestor.blogspot.com/2021/04/rebalance-local-portfolio.html, some of my fund has been reallocated to REITs and trusts for past few months, and they are currently sitting on about 41% of my local portfolio.

Divested some Capitaland @ $4.08.

Added SGX @ $10.08.

Added Keppel DC Reit @ $2.51.

Added Mapletree Log Tr @ $2.03.

Sold all ARKX @ US$20.82.

Divested most of ASHR @ US$37.90.

Divested some Palantir @ US$25 (via options).

Another $12k to be invested

in my local portfolio over the next 4 months+, so that I can hit $200k investment by end of this year. Currently, I have 18 stocks in this portfolio, and is thinking to extend it to 20.

Keppel DC Reit has announced a private placement of 81m new units @ $2.522. This would dilute the stake of the existing retail investors. However, I believe it would provide strong price support @ $2.52. I may consider to add some shares if its price hit $2.52 or below.

Added STI ETF @ $3.187.
Added SGX @ $10.80.
Sold some Palantir @ $24.50 (via short call option). 

Rebalance local portfolio

by taking some profits from banking stocks and move the capital into REITs and trusts. This shift is to make the existing profit work harder in order to give higher dividend return by end of this year. Up to this month, I would have collected $1489 dividend. Based on my plan, I have set a target to collect about $8000 for year 2021.

*** LATEST NEWS *** Alibaba is fined US$2.8 billion by Chinese Regulators. Bad news is this amount is more than expected. Good news is one big part of uncertainty is removed. Let's see how market would reach to this news on coming Monday; whether its share price has already priced in this amount of fined.

I have added a new member to my oversea portfolio as shown below.

Added Keppel DC Reit @ $2.71.
Added KWEB @ US$78.01.
Added ASHR @ US$38.85.
First purchase of ARKX @ US$20.87.

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.

STI breaks support

at 2900 on Friday. However, I am expecting stronger support at 2800-2850 region.

Added Keppel DC Reit @ $2.87.
Added ASHR @ US$44.72.
Added BABA @ US$266.10.

As you may have noticed and I have mentioned in http://ainvestor.blogspot.com/2020/12/summary-for-2020.html that my plan for this year is to allocate more capital into my oversea stock portfolio, and I am sticking to my plan.

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.

What is the next target for STI

after covering the gap mentioned in http://ainvestor.blogspot.com/2020/12/broaden-my-portfolio.html? From weekly chart, STI formed a double bottom and back test at 2800 before moving up to 2900+ region. Potential target for a double bottom formation would be ~3100-3200. This may take few weeks/months.

Currently, STI is moving up due to recovery of cyclical stocks. As STI moves up, I would adopt a re-invest strategy and look out for opportunities to broaden my portfolio.

Did a divestment and several investments this week; mostly based on technical analysis.

Sold some SGX @ $9.76.

Added ST Engineering @ $3.78.

Added Keppel DC Reit @ $2.72.

Added Alibaba @ US$229.55.

Added ASHR @ US$42.55.

STI ranged between 2832 and 2993.

Broaden my portfolio

by adding 2 new reits. They are Mapletree Industrial Trust @ $2.90 and Keppel DC Reit @ $2.75. I am very close to my extended target for this year to make a $160k investment. Currently, I have 16 stocks in this portfolio.

STI has back tested 2800, and then resume its upward movement; thus creating a higher low. Potentially, it would move toward 2960 to close the gap created at the beginning of March 2020.

STI ranged between 2792 and 2869.