Our portfolio increase by 7.24% to $317,607 - $11,017.22 of capital injection and $10,431.30 of capital growth.
The year started with a BANG and within the first week, our portfolio crossed the next 100k milestone to $300,000.
SOLD
- Soilbuild Business Space REIT (15,000 units) @ $0.705
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.
BOUGHT
- 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.
Dividends
The total dividends collected this month is $642.95. The breakdown is as follows:
StashAway
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
Do like any of the following for the latest update/post!
1. FB Page - KPO and CZM
2. Twitter - KPO and CZM
3. Click here to subscribe using email :)
The year started with a BANG and within the first week, our portfolio crossed the next 100k milestone to $300,000.
SOLD
- Soilbuild Business Space REIT (15,000 units) @ $0.705
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.
BOUGHT
- 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.
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
Average dividends per month for 2018: $642.95
StashAway
Capital: $4,000
Current: $4,048.22 (IRR: 2.6%)
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.
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
Do like any of the following for the latest update/post!
1. FB Page - KPO and CZM
2. Twitter - KPO and CZM
3. Click here to subscribe using email :)
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
ReplyDeleteHahaha. The capital gain disappeared in the last 2 days ~-10k liao. So put your jaw back :)
DeleteStashaway taking a beating due to big dip in US.
ReplyDeleteHi Abdul,
DeleteIt is not just StashAway, all the markets are in red.