My Stock Portfolio as at 31st March 2009

My Stock Portfolio:

#	Stock	Weight	WAC	Current Price	Returns
1	Keppel Corp	28.9%	S$3.90	S$5.01	+28.5%
2	Noble Group	20.6%	S$1.14	S$1.19	+4.3%
3	Ascendas Reit	11.7%	S$1.224	S$1.22	-0.3%
4	SGX	9.8%	S$4.30	S$5.10	+18.6%
5	Singtel	4.8%	S$3.74	S$2.53	-32.4%
6	ST Engineering	4.7%	S$2.45	S$2.46	+0.4%
7	CapitaLand	4.5%	S$2.20	S$2.33	+5.9%
8	SMRT	2.9%	S$1.68	S$1.53	-8.9%
9	CapitaMall Trust	2.5%	S$3.16	S$1.32	-58.2%
10	M1	2.4%	S$1.49	S$1.49	+0.1%
11	Ascendas India Trust	1.0%	S$1.18	S$0.525	-55.5%
12	DBSbnpECW100205	0.2%	S$0.36	S$0.02	-94.4%
13	Yongnam W121214	0.1%	S$0.03	S$0.015	-50.0%
14	Investable Cash	4.8%

Notes to above table:
1) Weight: Weightage of stock in my stock portfolio.
2) WAC: Weighted average cost
3) Current Price: Price as at 31st March 2009.

My Comments:

My portfolio underperformed against the STI Index for the month of March 2009 (+3.81% vs +6.59%), but year-to-date was still favourable. YTD: Portfolio +0.81% vs STI -3.50%.

I've made quite a few transactions this month. Firstly, I've switched from OCBC to SGX in the financial portion of my portfolio. Secondly, I've disposed of Hupsteel at a hefty loss. Thirdly, I've added CapitaLand for the property section of my portfolio. Lastly, I've trimmed a big portion of Ascendas Reit and used the proceeds to participate in the CapitaMall rights issue. But unfortunately, just found out today that I only got around 10% of the total excess rights that I applied for. Very disappointed!

I've still yet to add SingPost as the "Consumer staple" portion of my portfolio, and was also considering adding to SMRT on weakness. Target to add at between $1.40-$1.45 for SMRT and $0.74 for SingPost (Yes! I've increased my target buy price for SingPost).