Saturday 30 June 2012

Portfolio - June Updates


06/30/12









Quantity Done Price Fees Market Pice Market Value DPU (1Q2012) Realized P/L Unrealized P/L Overall Yield
Starhill Global REIT 4000 S$0.625 S$28.02 S$0.665 S$2660 1.07c $164.80 S$103.89 10.51%
Cache Logistics Trust 3000 S$0.97 S$28.23 S$1.050 S$3150 2.086c $250.54 S$183.41 14.63%

Performance compared to STI

STI 3.82%
Starhill Global REIT 6.40%
Cache Logistics Trust 1.45%
Overall 3.66%





Vertical axis of the chart shows the percentage changes of stock/index prices compared to the preceding month. As seen from the chart, both Starhill and Cache tend to outperform STI when it is experiencing negative % change, while under performing during times when STI is experiencing positive % change. This might be an indication of the defensive nature and low volatility of the 2 counters and together with the quarterly dividends payout, it had offered my portfolio a stable return during this volatile period. During the previous month update, I mentioned that Im planning to close my position wtih Starhill, however after some thoughts, I have decided against it. Selling Starhill @S$0.660 will help me gain only 2 quarters worth of dividends and seeing that there isnt any counters with prices that attract me currently, it means that the fund will go back to my passbook savings account and earn a miserable interest rate of maybe 0.1%. Also, there are not much changes to the fundamentals compared to when I first bought the counter, hence I have decided to leave it alone for the time being. Furthermore, I still have some excess opportunity funds, so there is no rush selling Starhill off.    


Side note:
The statistics and economics double major program have finally accepted my application. =)

Sunday 24 June 2012

Academic Updates AY2011/12 Sem 02

Year 1 Sem2 was a bad semester for me. SAP dropped significantly compared to the previous semester, bringing my CAP down to 4.65. I'm tempted to blame it on luck even though I know I shouldn't, but well, I will try to work harder next semester and hopefully I will never see another B or anything below again.

Year1-Sem1

ST1131 Introduction to Statistics A-
MA1101R Linear Algebra I A
MA1102R Calculus A
EC1301 Principles of Economics A
GEK1508 Einstein's Universe and Quantum Weirdness A

Year2-Sem2

CS1010 Programming Methodology A-
ST2131 Probability B
MA2108 Mathematical Analysis I B+
EC2102 Macroeconomic Analysis I A
PC1322 Understanding the Universe A+


MC 40
CAP 4.65

ST2131 and MA2108 came to me as a surprise. I though I would have done better in ST2131 but much worse in MA2108 as I could not do half of questions during the final exam for the latter.

I have also went for interview for both Quantitative Finance and Double major in Statistics and Economics. Hopefully I will hear from them soon.

Friday 1 June 2012

Portfolio - May Updates

My Portfolio:

05/31/12









Quantity Done Price Fees Market Pice Market Value DPU (1Q2012) Realized P/L Unrealized P/L Overall Yield
Starhill Global REIT 4000 S$0.625 S$28.02 S$0.625 S$2500 1.07c $164.80 -$56.04 4.26%
Cache Logistics Trust 3000 S$0.97 S$28.23 S$1.035 S$3105 2.086c $250.54 $138.43 13.11%


Performance compared to STI

STI -6.92%
Starhill Global REIT -4.58%
Cache Logistics Trust 0.00%
Overall -2.10%



Target Entry/Exit
Exit: Starhill Global REIT: S$0.650-S$0.655
Entry: First REIT: S$0.810-S$0.820
Entry: Singtel: S$3.00