Buy and Sell actions in May

My actions for the month of May.

1. Added more Food Empire @ 0.535. Felt gutted that it dropped to 0.535 not long after my last purchase at 0.58. Decided to take the opportunity for me to accumulate further.

2. Sold Isoteam @ 0.37. Decided to let it go after its lacklustre 1Q performance and my indifference towards learning more about its business. Made a small gain of 4.9%.

3. Bought Jumbo @ 0.655. Was quite surprised for its more than 10% NPM. Decided to take a small position to punt on its success in its overseas expansion.

4. Bought Kingsmen Creatives @ 0.61. Have been waiting to re-invest in this familiar counter. Bought it rather impulsively after reading various discussion on it. Think that this could be the turnaround year and am satisfied with current dividend yield of 4%.

Portfolio October 2016

The following adjustments are made to my portfolio in October. 

1. Added a small stake of Old Chang Kee for its dividend and possible growth in 2 to 3 years with the completion of its new factories.

2. Added a small stake of FJ Benjamin for a turnaround story. The group is placed on SGX watchlist for 3 consecutive years of pre-tax loss. It has completed its re-structuring that started in 2013/2014. Recently clinches distributor right of CASIO watch in Indonesia and Marc Jacobs. 

3. Re-entered CDLHT which I sold at $1.495 in July. Feels that the current price of $1.335 provides a good yield during the current downturn and believes it will do well when the increase in hotel rooms stabilize after 2018.

4. Increased my stake in ISOTeam after reading throught its latest AR. Confident of its contiued growth in the next few years. Also, reclassifed it from punt to growth.

5. Divested my holdings Capital Retail China Trust to reduce my exposure to REIT which I would capped now at around 30% instead of the original plan of 40%.

6. Divested SIA Engineering due to poor Q2 results and no special dividend declared from its divestment of HAESL.

Current dividend yield (based on purchase price) is 4.4%.

For Income (60.9%)

REIT (31.2%)

Parkway Life REIT

Starhill Global REIT

Fraser Centrepoint Trust
CDL Hospitality REIT

Dividend Stocks (29.8%)

Straco

ST Engineering

Valuetronics

QAF

Micromechanics
Old Chang Kee

For Growth and Punting (34.2%)

Growth Stocks (30.6%)

Best World

Raffles Medical
ISO Team

Punt (3.6%)

Food Empire

FJ Benjamin

Portfolio July 2016

I have made some adjustments to my portfolio in July. I decided to reduce my exposure to REIT, so divested CDLHT and reduced SG REIT. This leads to a drop in my dividend which led to the purchase of QAF and increase stake of Valuetronics.

I also added back some Best World when its price dropped form $1.5+ to $1.3+ recently. Finally, I initiated a position on ISOTeam after reading positive reports about it and quite like its performance over the past few years.

With all the adjustment, the current dividend yield decreases to 4.2%.

For Income (55.6%)

REIT (31.7%)

Parkway Life REIT

Starhill Global REIT

Capital Retail China Trust

Fraser Centrepoint Trust

Dividend Stocks (23.9%)

ST Engineering

Valuetronics
Vicom

SGX
SIA Engineering
QAF
For Growth and Punting (38.6%)

Growth Stocks (36.1%)

Straco

Best World

Raffles Medical
Food Empire

Punt (2.5%)

ISOTeam