Just when you think we are out of the woods after the remarkable recovery in October, stock markets have plunged in recent weeks. Our portfolio actually suffered a 4% drop in value, decreasing from $151,000 to $145,000. The performance of Kingsmen, a big part of our portfolio, was the main culprit as the stock declined by almost 10% just the past month alone.
As for other assets, we actually subscribed to $10,000 worth of November’s SSBs, which proved to be an inspired move with December’s launch. 2.78% vs 2.44%! A big drop in yields within a month! To me, that’s a REALLY big difference and therefore, it’s not surprising to know that we are giving Dec’s bonds a pass.
If the recent launches were considered lukewarm, I really don’t know what is to be expected for this latest launch.
And just to prepare you in advance, posting frequency will reduce slightly over the next few weeks. All because I am currently busy with two big projects that involve this blog:
- An overall makeover of this site
- Launch of a free e-book
These are part of my efforts to value-add to you, the reader. I am also utilising the pre-commitment device by informing you that the above would be completed before next month’s portfolio update.
So, do stay tuned for the upcoming exciting changes!
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Dividends received in October 2015: $134
Dairy Farm: $83
Jardine C&C: $51
Dividends received YTD: $6,585
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Stocks (As at 16th November 2015)
| Stock | Amount | Price | Valuation | Dividend | Est. Income |
| STI ETF | 7,000 | $2.970 | $20,790 | $0.1000 | $700.00 |
| Kingsmen | 17,000 | $0.710 | $12,070 | $0.0400 | $680.00 |
| Wilmar | 4,000 | $2.980 | $11,920 | $0.0750 | $300.00 |
| ST Engg | 4,000 | $2.940 | $11,760 | $0.1500 | $600.00 |
| OCBC | 1,200 | $8.920 | $10,704 | $0.3600 | $432.00 |
| Semb Corp | 3,000 | $3.370 | $10,110 | $0.1600 | $480.00 |
| PLife Reit | 4,000 | $2.300 | $9,200 | $0.1152 | $460.80 |
| Boustead | 9,000 | $0.855 | $7,695 | $0.0400 | $360.00 |
| MCT | 6,000 | $1.280 | $7,680 | $0.0800 | $480.00 |
| Dairy Farm | 900 | $8.500 | $7,650 | $0.3200 | $288.00 |
| Jard C&C | 200 | $32.380 | $6,476 | $1.1093 | $221.86 |
| LKH | 10,000 | $0.605 | $6,050 | $0.0300 | $300.00 |
| Genting | 8,000 | $0.755 | $6,040 | $0.0100 | $80.00 |
| MTQ | 10,000 | $0.560 | $5,600 | $0.0400 | $400.00 |
| M1 | 2,000 | $2.780 | $5,560 | $0.1890 | $378.00 |
| Super Grp | 4,000 | $0.865 | $3,460 | $0.0310 | $124.00 |
| Bou Proj | 2,700 | $0.795 | $2,147 | $0.0000 | $0.00 |
| Total | $144,912 | $6,284.66 |
Others (As at 16th November 2015)
| Asset | Valuation | Est. Income |
| OCBC 360 Account | $60,000 | $1,320 |
| FCL 3.65% Bonds | $21,147 | $767 |
| SSB (Oct 2015) | $15,000 | $166 |
| Total | $96,147 | $2,253 |
Total Valuation = $241,059
Total Est. Annual Income = $8,501.66
Hi 15hww : Looking forward to your ebook and the make-over 😉
Cheers!
Hi Richard,
Thanks for your support!
The weak luxury retail market is starting to hit Kingsmen’s revenue. But I still have belief in the management’s ability to turn things around.
Hi Dividend Knight,
There’s little doubt that Kingsmen’s fortunes is tied quite closely to the economic climate and of course, the luxury retail and leisure biz. It could take a while before the external environment improves. Sit tight!
hi
my portfolio down about close to 15%..no eyes see.
hope the next few year market turn better+ dividend then i able to recoup my losses.
Hi yeh,
Such drops in value is inevitable. On the earnings front, we already can see many companies suffering. The question is really how prolonged this situation is.
I actually kind of like the current layout – nice and clean, heh. But hey, the only thing that is constant is change! What is the eBook gonna be about?
Hi Kevin,
Nice seeing you on Sat! Too bad didn’t manage to have a proper conversation with you, AGAIN!
Regarding the layout, I have a strong inclination to experiment, especially after paying a couple of hundreds on a software to build another website for my freelancing work. =p
As for the e-book, it’s related to a question I recently asked you about!
Ah yes, once again somehow we didn’t get to chat much although I got to talk to a few new faces. Another day I guess! Oooh. A few hundreds is rather steep! Looking forward to the “version update”!
Hi 15hww,
am a new visitor to your blog and wanted to say I’m looking forward to your ebook and the make-over. You’ve got very interesting insights and I’ve picked up a few tips from here.
Thanks for sharing!
KP
Hi KP,
Thank for you kind words. I am happy you managed to glean something useful from my humble blog!
Although I haven’t been working on it for the past few days, the e-book should still be ready by the end of the year!
Hi,
May I ask.. the amount in the above table means the initial capital you have invested in the particular stock?
Hi WW,
Actually it means the amount of shares, not the initial capital.
Hi My 15 HWW,
Wow so you actually need quite a big initial capital…. Thanks for your reply. 🙂
Hi WW,
We started off with quite small capital. About $20,000. But slowly, the savings started building up. It’s really about starting and then see where the road leads you.