$$$ KPO and CZM $$$: Portfolio Update - January 2018

Sunday, February 4, 2018

Portfolio Update - January 2018

Our portfolio increase by 7.24% to $317,607 - $11,017.22 of capital injection and $10,431.30 of  capital growth.

KPO and CZM Portfolio Bar Graph

The year started with a BANG and within the first week, our portfolio crossed the next 100k milestone to $300,000.

Stocks.cafe update for KPO and CZM Portfolio

- Soilbuild Business Space REIT (15,000 units) @ $0.705

KPO and CZM Sold Transaction - Soildbuild REIT

Soilbuild Business Space REIT was one of our biggest holdings with 30,000 units. It has been hit with a series of unfortunate events, one after another. Apart from the 2 defaults, the latest bad news is that their property has been revalued down. Based on the latest 4QFY17 results, NAV decreases from $0.72 to $0.64 which meant that it is trading at a premium. DPU decreases by 6.2% YoY even though NPI increases. We are no longer willing to take the risk of capital loss, lower DPU, and uncertainties. Hence, we decided to sell half of it. Selling it before XD means giving up $0.01383 of dividends but we are expecting the price to drop below $0.69 after XD and it sure did.

- ThaiBev (6,000 units) @ $0.92
- Geo Energy (7,000 units) @ $0.265
- Wilmar (2,000 units) @ $3.19
- Ascendas H-Trust (9,000 units) @ $0.895

I have blogged about ThaiBev and Ascendas H-Trust separately. Do refer to those articles for more information. We purchased Geo Energy October last year and decided to buy more for the same reason. We bought Wilmar because it is one of the stock that did not/yet to run up in the bullish market, it is currently trading at PE ~10-11+ which is significantly lower than the others (e.g. Olam). We believe that there is definitely room for capital gain while waiting patiently and collecting ~2% of dividends.

The total dividends collected this month is $642.95. The breakdown is as follows:

Company Symbol ExDate Shares Total
CapitaLand Commercial Trust C61U 31-Jan-18 2,000 $82.00
CapitaLand Mall Trust C38U 30-Jan-18 7,000 $203.00
Soilbuild Business Space REIT SV3U 26-Jan-18 15,000 $207.45
First Real Estate Investment Trust AW9U 23-Jan-18 7,000 $150.50

Total dividends collected for 2018: $642.95
Average dividends per month for 2018: $642.95


KPO and CZM StashAway Asset Summary SGD

Capital: $4,000
Current: $4,048.22 (IRR: 2.6%)

USD has been falling significantly which resulted in the high negative currency impact. Overall absolute return is now lower than STI ETF based on our spreadsheet - KPO & CZM StashAway Portfolio VS STI ETF.

Do take a look at this article if you missed it - StashAway Clarifications - Reward-to-Risk Ratio where Freddy Lim (Co-Founder & Chief Investment Officer of StashAway) clarify how StashAway is optimizing return by taking on lesser risk.

StashAway Referral Link for Our Readers
Here you go: KPO and CZM Referral Link

Health KPO Needs to Lose Weight
Date: 2018-02-03
Weight: 71.4 kg (Lost close > 10 kg already!)

BMI: 23.8

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  1. Impressive weight lost program you have there and very respectable return you have this month! My jaws just dropped.. let me get them back into position first

    1. Hahaha. The capital gain disappeared in the last 2 days ~-10k liao. So put your jaw back :)

  2. Stashaway taking a beating due to big dip in US.

    1. Hi Abdul,

      It is not just StashAway, all the markets are in red.