Portfolio

Hope the weekends have been great for you guys!

As promised, this post would be dedicated to presenting my portfolio:

Figure 1 shows shares which have been held since IPO while Figure 2 shows shares bought from the market.

Figure 1

With regards to the losses for those in brackets, I have fortunately already recouped it from their dividends distributed.

Figure 2

Well, I suppose I don't have much luck in choosing stocks. Before the Federal Reserve mentioned about the tapering of interests rates, REITS have performed relatively well with high yields of up to 8-9% (E.g Sabana REIT), unfortunately, after the Fed chairman spoke about the possible tapering of interest rates, REITS have become quite unstable, with prices dropping dramatically. 

With regards to Ascendas Hospitality Trust, it recently released news that it is offering shares at a premium of $0.69 to Institutional Investors, thus resulting in the dramatic drop of it's share price. However, with the growth in the hospitality industry all around the world, together with it's portfolio of 11 branded and recognised hotels located over the world, although one point to note would be it's gearing ratio is slight on the high side at 35.8% as compared to it's other peers in the hospitality industry.

Since I'm more of an investor than a trader, it would take around 3-6 more months for me to recoup my losses for these 2 shares.

Just received news that Capitaland would be purchasing over Capitamalls Asia! I wonder if my preference share from Capitamalls Asia would be affected.. With it's acquisition, Capitaland seems to be a good share to lookout for. Adding on, the last traded price was at $2.93, close to about a 13% lower than it's Net Asset Value (NAV) at $3.32. 

Signing off,

Billy~