My portfolio of local stocks was relatively
flat in the month of November. It had underperformed the index by approximately
2.5%. The STI which is a financial over-weighted index was boosted by the rise of
DBS, UOB and OCBC share prices over the past few weeks. Overall, my annualized
return since 2010 had gone down to 9.19% per annum.
I did not make any changes to my local
portfolio. It was a month of dividends bonanza for me because most of the REITS
had just paid out their distributions. As for my US portfolio, I am still
holding the same shares in G.A.S. The numbers of shares have varied though
because I have been selling some shares when any of them rises too much while I have been
adding back some shares when any of them falls by a fixed percentage. A trailing Market If Touch
order is very useful to execute this strategy. What it does is, you can set an
amount in % or dollar amount from the peak price of a stock that you wish to
buy. The % or dollar amount set will always trail the peak price. So for my
case, I will try to buy back if the stock has fallen by 5 to 8% from the peak.
For those of you who are looking to pick up any US
stocks, I strongly recommend that you take a look into Gilead Sciences. The
share price of this company had been consolidating in the past few weeks while market participants are waiting for the approval of a competitor drug. Gilead Sciences is one of the
few big cap stocks that is still trading at a ridiculously cheap forward valuation. It
has a good pipeline of drugs that are waiting for approval or still under
clinical trials.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | FY | |
2010 | -1.75% | 1.36% | 2.98% | 4.36% | -7.12% | 4.40% | 4.49% | -1.38% | 6.76% | 3.09% | -1.61% | 3.93% | 20.38% |
2011 | -0.03% | -4.77% | 2.07% | 1.29% | -0.32% | -2.39 | -0.33% | -8.34% | -6.53% | 7.52% | -7.05% | 0.52% | -17.85% |
2012 | 9.41% | 5.52% | 2.62% | -0.22% | -3.13% | 2.55% | 2.84% | 1.99% | 4.27% | -0.34% | 0.11% | 2.75% | 31.67% |
2013 | 5.18% | 2.33% | 3.02% | 1.95% | -2.98% | -3.45% | 1.96% | -5.22% | 4.12% | 3.19% | -0.93% | 0.73% | 9.71% |
2014 | -2.44% | 1.36% | 2.58% | 2.99% | 3.52% | 1.39% | 0.25% | -0.09% | -1.18% | -0.36% | -0.24% | ||
Annualized Return = 9.19% |
Stock | Mode | Unrealised P/L (SGD) |
ARA | CASH | 37.21% |
CAPITAMALL TRUST | CASH | 9.31% |
CDL HOSPITALITY | CASH | 5.26% |
CHINA MILK * | CASH | -100.00% |
FIBRECHEM * | CASH | -100.00% |
FAR EAST HOSPITALITY | CASH | -15.88% |
FIRST REIT | CASH | 46.96% |
FRASERS CENTREPOINT | CASH | 13.85% |
FRASERS COMMERCIAL | CASH | 10.66% |
PARKWAY LIFE | CASH | 24.05% |
RAFFLES MEDICAL | CASH | 50.00% |
RIVERSTONE | CASH | 67.77% |
SILVERLAKE AXIS | CASH | 143.60% |
STARHILL GLOBAL | CASH | -3.05% |
CAPITAMALL TRUST | CPF | 2.86% |
PARKWAY LIFE | CPF | 5.27% |
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