31 August 2016

August 2016 Portfolio Update

Stock NameNo of SharesCurrent PriceCurrent Value
DBS 600$14.990$8,994
Keppel Corp1000$5.180$5,180
Frasers Centrepoint Limited 2000$1.510$3,020
Cash

$3,300
Total Value

$20,494

I had divested Accordia Golf Trust after Reuters reported MBK Partners scraps plan to buy Japan's Accordia Golf Co Ltd for about $1.6 billion. I had made a profit together with dividend collected of 16.4% for holding onto Accordia for 10 months. Accordia Golf Trust is a very good investment for income. I will be revisit them again if the price is right for re-entry.

I had been accumulating DBS actively since the Swiber news last month. They are now trading at a very good price for both growth and income. I will be either adding another 200 shares if the price goes down below $14.80 or I will be adding more shares on Keppel Corp to bring down my average price. The price now is also very attractive to accumulate again. Let's see how it goes the next few trading days on both DBS and Keppel Corp.