My Stock Portfolio as at 29 May 2009

My Stock Portfolio:

#	Stock	Weight	WAC	Current Price	Returns
1	Keppel Corp	26.3%	S$3.90	S$7.20	+84.6%
2	Sembcorp Marine	18.6%	S$2.792	S$3.05	+9.2%
3	Ascendas Reit	13.0%	S$1.224	S$1.34	+21.2%
4	SGX	9.0%	S$4.30	S$7.35	+70.9%
5	CapitaMall Trust	4.9%	S$1.60	S$1.33	-16.9%
6	CapitaLand	4.6%	S$2.20	S$3.80	+72.7%
7	SingTel	3.7%	S$3.74	S$3.01	-19.5%
8	Keppel Land	2.1%	S$2.32	S$2.46	+6.0%
9	SingPost	2.1%	S$0.775	S$0.85	+9.7%
10	SMRT	1.9%	S$1.68	S$1.59	-5.4%
11	Noble Group	1.9%	S$1.60	S$1.58	-1.3%
12	M1	1.5%	S$1.49	S$1.48	-0.5%
13	Ascendas India Trust	0.9%	S$1.18	S$0.70	-40.7%
14	DBSbnpECW100205	0.3%	S$0.36	S$0.07	-80.6%
15	Yongnam W121214	0.2%	S$0.03	S$0.075	+150%
16	Investable Cash	6.5%

Notes to above table:
1) Weight: Weightage of stock in my stock portfolio.
2) WAC: Weighted average cost
3) Current Price: Price as at 29th May 2009.

My Comments:

My portfolio underperformed the STI Index for the month of May 2009 (+19.80% vs +21.29%), and YTD performance is also in-line (Portfolio +33.64% vs STI +32.22%).

During May, I've sold off most of Noble Group and bought Keppel Land early in the month. In the middle of May, I've bought Sembcorp Marine for trading pruposes and also added more to Ascendas Reit on price weaknesss on 22 May.

Subsequent events: I've subscribed to the Keppel Land rights issue (including excess rights) on the 2 Jun and also took profit on my entire Sembcorp Marine stake today 3 Jun (realising a 3.5% gain).

My Stock Portfolio as at 30 April 2009

My Stock Portfolio:

#	Stock	Weight	WAC	Current Price	Returns
1	Keppel Corp	26.8%	S$3.90	S$5.98	+53.3%
2	Noble Group	17.5%	S$1.14	S$1.30	+13.9%
3	Ascendas Reit	10.0%	S$1.224	S$1.34	+9.5%
4	SGX	9.4%	S$4.30	S$6.27	+45.8%
5	CapitaMall Trust	5.6%	S$1.60	S$1.25	-21.9%
6	CapitaLand	4.1%	S$2.20	S$2.76	+25.5%
7	SingTel	3.8%	S$3.74	S$2.56	-31.6%
8	SMRT	2.3%	S$1.68	S$1.55	-7.7%
9	SingPost	2.3%	S$0.775	S$0.76	-1.9%
10	M1	1.8%	S$1.49	S$1.47	-1.2%
11	Ascendas India Trust	0.8%	S$1.18	S$0.54	-54.2%
12	DBSbnpECW100205	0.1%	S$0.36	S$0.02	-94.4%
13	Yongnam W121214	0.1%	S$0.03	S$0.03	0%
14	Investable Cash	15.3%

Notes to above table:
1) Weight: Weightage of stock in my stock portfolio.
2) WAC: Weighted average cost
3) Current Price: Price as at 30th April 2009.

My Comments:

My portfolio performed in-line with the STI Index for the month of April 2009 (+12.90% vs +12.96%), thus outperformance was sustained YTD (Portfolio +13.25% vs STI +9.01%).

During April, I bought SingPost and sold off ST Engineering prior to earnings announcement.

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).

My Stock Portfolio as at 27th February 2009

My Stock Portfolio:

#	Stock	Weight	WAC	Current Price	Returns
1	Ascendas Reit	26.8%	S$1.52	S$1.26	-17.0%
2	Keppel Corp	25.3%	S$3.90	S$4.37	+12.1%
3	Noble Group	18.8%	S$1.14	S$1.08	-5.4%
4	OCBC	8.7%	S$5.02	S$4.48	-10.8%
5	Singtel	4.8%	S$3.74	S$2.46	-34.2%
6	ST Engineering	4.5%	S$2.45	S$2.31	-5.7%
7	SMRT	3.1%	S$1.68	S$1.60	-4.8%
8	CapitaMall Trust	2.8%	S$3.16	S$1.43	-54.7%
9	M1	2.5%	S$1.49	S$1.56	+4.8%
10	HupSteel	1.7%	S$0.305	S$0.11	-63.9%
11	Ascendas India Trust	1.0%	S$1.18	S$0.52	-55.9%
12	DBSbnpECW100205	0.2%	S$0.36	S$0.02	-94.4%
13	Yongnam W121214	0.0%	S$0.03	S$0.01	-66.7%

Notes to above table:
1) Weight: Weightage of stock in my stock portfolio.
2) WAC: Weighted average cost
3) Current Price: Price as at 27th February 2009.

My Comments:

My portfolio extended its outperformance against the STI Index for the month of February 2009 (-2.89% vs -8.68%). YTD: Portfolio -3.14% vs STI -9.46%. The only transactions I've made in February was to participate in Ascendas Reit's rights issue. I've successfully gotten all the lots I've applied for.

My portfolio was lifted by Keppel Corp (+7.9%)& Noble Group's (+2.9%) positive performance during the month. On the other hand, OCBC is the significant underperformer, down 13.0% for Feb.

My Stock Portfolio as at 30th January 2009

My Stock Portfolio:

#	Stock	Weight	WAC	Current Price	Returns
1	Keppel Corp	24.4%	S$3.90	S$4.05	+3.8%
2	Ascendas Reit	23.4%	S$1.65	S$1.46	-11.6%
3	Noble Group	19.0%	S$1.14	S$1.05	-8.0%
4	OCBC	10.3%	S$5.02	S$5.15	+2.6%
5	Singtel	5.3%	S$3.74	S$2.66	-28.9%
6	ST Engineering	4.6%	S$2.45	S$2.28	-6.9%
7	CapitaMall Trust	3.2%	S$3.16	S$1.60	-49.4%
8	SMRT	3.2%	S$1.68	S$1.59	-5.4%
9	M1	2.7%	S$1.49	S$1.62	+8.9%
10	HupSteel	2.5%	S$0.305	S$0.155	-49.2%
11	Ascendas India Trust	1.0%	S$1.18	S$0.515	-56.4%
12	DBSbnpECW100205	0.2%	S$0.36	S$0.03	-91.7%
13	Yongnam W121214	0.1%	S$0.03	S$0.015	-50.0%

Notes to above table:
1) Weight: Weightage of stock in my stock portfolio.
2) WAC: Weighted average cost
3) Current Price: Price as at 30th January 2009.

My Comments:

My portfolio performed slightly better than my benchmark of the STI Index for the month of January 2009 (-0.16% vs -0.86%). Best performing stocks that are lifting up my portfolio are Ascendas Reit (+10.1% MTD div adjusted), Noble Group (+2.9% MTD), OCBC (+3.2% MTD) and SingTel (+4.3% MTD). Underperforming is Keppel Corp (-6.5%), dragged down by concerns over order cancellations.

I'm very comfortable with my portfolio allocation and am also looking to add Capitaland & SingPost to it. Target buy price is $2.00 for Capitaland and $0.70 for SingPost.

My Investment Portfolio as at 31st January 2008

Stock Portfolio as at 31st January 2008 (listed in order of weightage in portfolio):

Stocks:-
1. SembCorp Industries
2. Rotary Engineering
3. Singapore Press Holdings
4. UOB Kay-Hian
5. Singtel
6. CapitaMall Trust
7. Ascendas Reit
8. Singapore Post
9. Noble Group
10. MobileOne
11. Suntec Reit
12. Cambridge Trust
13. Yangzijiang
14. Ascendas India Trust
15. Yongnam Holdings
16. CMZ Holdings

Average dividend yield of portfolio: 4.9%

Warrants:-
1. KEPCORPmblECW080506
2. Yongnam W121214

Cash Unit Trust Portfolio as at 31st January 2008 (listed in order of weightage in portfolio):

1. Legg Mason SEA Special Sits
2. UOB United Asia Fund
3. UOB United Asian Growth Opportunities
4. Fidelity S East Asia A SGD
5. ABN AMRO Brazil Equity Fund A USD

CPF-OA Unit Trust Portfolio as at 31st January 2008 (listed in order of weightage in portfolio):

1. UOB United Asia Fund
2. First State Glb Resources
3. Lion Capital Singapore/Malaysia
4. Legg Mason Asian Enterprise
5. Legg Mason SEA Special Sits
6. Fidelity S East Asia A SGD

CPF-SA Unit Trust Portfolio as at 31st January 2008:

1. AIGIF Acorns of Asia Balanced Fund

Market Indices as at 31st Jan 2008 (local currency terms):
MSCI AC World Index 390.266 (MTD:-8.93%, YTD:-8.93%)
MSCI USA 1304.909 (MTD:-6.18%, YTD:-6.18%)
MSCI AC Europe 488.348 (MTD:-11.73%, YTD:-11.73%)
MSCI AC Asia ex Japan 591.966 (MTD:-14.16%, YTD:-14.16%)
MSCI EM Latin America 7142.761k (MTD:-7.58%, YTD:-7.58%)
MSCI Brazil 239243m (MTD:-9.37%, YTD:-9.37%)
MSCI China 66.970 (MTD:-21.57%, YTD:-21.57%)
MSCI Hong Kong 12362.508 (MTD:-11.68%, YTD:-11.68%)
MSCI India 731.679 (MTD:-14.44%, YTD:-14.44%)
MSCI Japan 853.803 (MTD:-9.18%, YTD:-9.18%)
MSCI Singapore 1698.587 (MTD:-13.94%, YTD:-13.94%)

My Investment Portfolio as at 31st December 2007

Stock Portfolio as at 31st December 2007 (listed in order of weightage in portfolio):

Stocks:-
1. SembCorp Industries
2. Rotary Engineering
3. Singapore Press Holdings
4. UOB Kay-Hian
5. Singtel
6. CapitaMall Trust
7. Ascendas Reit
8. Noble Group
9. Singapore Post
10. Suntec Reit
11. MobileOne
12. Cambridge Trust
13. Ascendas India Trust
14. Superbowl Holdings
15. Yongnam Holdings
16. CMZ Holdings

Average dividend yield of portfolio: 5.0%

Warrants:-
1. HSI29000MBLeCW080130
2. KEPCORPmblECW080506
3. Yongnam W121214

Cash Unit Trust Portfolio as at 31st December 2007 (listed in order of weightage in portfolio):

1. DWS China Equity Fund Cl A SGD
2. Legg Mason SEA Special Sits
3. Lion Capital Asia Infrastructure
4. UOB United Asian Growth Opportunities
5. UOB United Asia Fund
6. Fidelity S East Asia A SGD
7. ABN AMRO Brazil Equity Fund A USD

XIRR: +18.28% vs Benchmark (MSCI AC World) +5.24%; Outperform by 13.04%

CPF-OA Unit Trust Portfolio as at 31st December 2007 (listed in order of weightage in portfolio):

1. UOB United Asia Fund
2. First State Glb Resources
3. Lion Capital Singapore/Malaysia
4. Legg Mason Asian Enterprise
5. Legg Mason SEA Special Sits
6. Fidelity S East Asia A SGD

XIRR: +18.60% vs Benchmark (MSCI AC World) +5.24% ; Outperform by 13.36%

CPF-SA Unit Trust Portfolio as at 31st December 2007:

1. AIGIF Acorns of Asia Balanced Fund

Market Indices as at 31st Dec 2007 (local currency terms):
MSCI AC World Index 428.540 (MTD:-0.73%, YTD:+5.24%)
MSCI USA 1390.914 (MTD:-0.74%, YTD:+4.09%)
MSCI AC Europe 553.267 (MTD:-0.32%, YTD:+4.11%)
MSCI AC Asia ex Japan 519.206 (MTD:-0.91%, YTD:+27.35%)
MSCI EM Latin America 7728.485k (MTD:+1.23%, YTD:+32.18%)
MSCI Brazil 263964m (MTD:+2.89%, YTD:+46.19%)
MSCI China 85.389 (MTD:-4.31%, YTD:+63.52%)
MSCI Hong Kong 13994.031 (MTD:+0.34%, YTD:+37.83%)
MSCI India 855.118 (MTD:+6.92%, YTD:+52.49%)
MSCI Japan 940.092 (MTD:-3.33%, YTD:-11.33%)
MSCI Singapore 1973.778 (MTD:-0.74%, YTD:+16.25%)

My Investment Portfolio as at 24th Dec 2007

For the past two months, I've been developing my humble stock portfolio with my limited capital. I've finally settled down into one which I'm comfortable with. I've been experiencing with unit trusts since Aug 2006 and was really happy with the way I've controlled my emotions through the various corrections, and so I feel that this is the right time to start on stocks during this latest correction of Oct/Nov 2007.

Currently, I have about 20% of my portfolio in REITS/Business Trusts, and the rest of the companies are picked from various industry sectors for diversification purposes.

Stock Portfolio as at 24th December 2007 (listed in order of weightage in portfolio):

Stocks:-
1. SembCorp Industries
2. Rotary Engineering
3. Singapore Press Holdings
4. UOB Kay-Hian
5. Singtel
6. CapitaMall Trust
7. Ascendas Reit
8. Noble Group
9. Singapore Post
10. Suntec Reit
11. MobileOne
12. Cambridge Trust
13. Ascendas India Trust
14. Superbowl Holdings
15. Yongnam Holdings
16. CMZ Holdings

Average dividend yield of portfolio: 5.2%

Warrants:-
1. DBSdbkECW080623A
2. HSI29000MBLeCW080130
3. KEPCORPmblECW080506
4. Yongnam W121214

Cash Unit Trust Portfolio as at 21st December 2007 (listed in order of weightage in portfolio):

1. DWS China Equity Fund Cl A SGD
2. Legg Mason SEA Special Sits
3. UOB United Asia Fund
4. UOB United Asian Growth Opportunities
5. Fidelity S East Asia A SGD
6. ABN AMRO Brazil Equity Fund A USD

XIRR: +16.54% vs Benchmark (MSCI AC World) +9.60%

CPF-OA Unit Trust Portfolio as at 21st December 2007 (listed in order of weightage in portfolio):

1. UOB United Asia Fund
2. First State Glb Resources
3. Lion Capital Singapore/Malaysia
4. Legg Mason Asian Enterprise
5. Legg Mason SEA Special Sits
6. Fidelity S East Asia A SGD

XIRR: +14.75% vs Benchmark (MSCI AC World) +9.60%

CPF-SA Unit Trust Portfolio as at 21st December 2007:

1. AIGIF Acorns of Asia Balanced Fund

Market Indices as at 24th Dec 2007:
MSCI AC World Index 403.106 (MTD:-1.22%, YTD:+9.60%)
MSCI USA 1417.294 (MTD:+1.14%, YTD:+6.06%)
MSCI AC Europe 586.094 (MTD:-2.84%, YTD:+10.26%)
MSCI AC Asia ex Japan 615.788 (MTD:-2.28%, YTD:+35.81%)
MSCI EM Latin America 4372.771 (MTD:+0.54%, YTD:+45.97%)
MSCI Brazil 3807.544 (MTD:+1.14%, YTD:+72.64%)
MSCI China 85.888 (MTD:-3.36%, YTD:+64.97%)
MSCI Hong Kong 9924.823 (MTD:-0.24%, YTD:+36.90%)
MSCI India 650.126 (MTD:+4.48%, YTD:+66.43%)
MSCI Japan 2947.037 (MTD:-6.78%, YTD:-8.14%)
MSCI Singapore 4120.521 (MTD:-2.42%, YTD:+21.20%)