The stock market has been crazy volatile this month. Oh my goodness. For the first time in 7 months, this will be the first portfolio update of my blog that marks history.
I have to report a negative time-weighted return of -0.87% against STI ETF of 3.56% as of 28th February.
Which technically means that I’ve lost money in the stock market since the beginning of this year!
1. Keong Hong
Despite P/E constantly decreasing ever since their earnings report was released (it is currently at a mere ratio of 2.19), the price continued to decrease just as well. From a 35% gain to a 22.9% gain now in my portfolio, it still remains the highest profit. I have also collected a good amount of dividends from this counter this month.
Doing very well with just a 2% drop in paper gain since January to 21%. I believe that out of all the companies that I have purchased, this is my favourite counter of all. If you have time, take a look and you will see that they have healthy cash flow with a strong balance sheet. They have also announced that they will be penetrating into the China market and setting up new operations.
Very happy with this company.
Previously reported a 6+% paper gain and it actually went up to 10+% before, but now it is now in the red at -8.27%. Because this is one of my largest holdings and takes up 17.79% of my entire portfolio, the impact is great. Really, really great. Nevertheless, a weakness in price would be advantageous to me.
I am still very optimistic about this counter. It has recently acquired a sugar mill in Brazil for a 50% stake and I hope that it will offer more diversification to their operations and products. But anyway, we’ll see. For its current price of $0.34, I have to say that it is a real steal.
Still announced the same dividend payout as last year. It is expected that earnings will drop since last year, and I think many of the shareholders of CDG are still waiting to see how things will turn out. Or rather, just me. :p The price as fluctuated back and closed at a nice price of $2 with a -13% gain for me. I am still sane.
Okay, these are just the few counters that I wanted to talk about. This month’s dividend collection wasn’t too bad either. With some uncertainty in the markets now, I am looking hard for opportunities at great prices. Though a bit disappointed that my portfolio is underperforming, but it is still early in 2018 to predict what might happen at the end of the year.
First REIT – 1.63% ($83.85)
Starhill Global REIT – 1.54% ($77.22)
Upcoming dividends in March:
Keong Hong – 3.6% ($182)
AIMSAMP Cap Reit – 0.54% ($26.27)
YTD Dividends collected: $315.20