This month I added Sabana Reit into my portfolio.
Sabana Reit has high dividend yield, low PE 9, below NAV. It was being sold down quite a lot when they issue placement share at below $1, this caused their stock price to plummet down quite alot. I think it is looking attractive now with its high dividend payout and low PE and below PBR. So let's include it into my portfolio :)
I now have 2 REITs in my portfolio which form about 18%. The next stock I am going to buy will be a non-REIT so that I will be getting my ideal sector diversification of having 20% REITs and 80% other stocks.
Also added CDW which is a semiconductor company with low PE 7, low debt and below NAV with high dividend. I have been monitoring this stock for a while and seems like there was some interest lately with a sudden increase in volume. Could be some smart money buying. Anyway it has been in my watchlist for a while so decided to buy first. Also with the rising USD, this stock will benefit because it is paying out dividends in USD. Overall it seems like I am quite heavy in the semiconductor sector. Will be taking note not to buy too much into this sector to reduce my risk.
STI vs my portfolio
This month, I beat STI! Just 3 months time haha. All thanks to my newly added CDW which surged up by 13%. No thanks to 2nd Chance which was bought last month. Right after I bought it, 2nd Chance released news that due to some issue, they have to terminate the disposal Of their properties To Celestine REIT. What was supposed to be a good news just turn out to be a bad one. This caused the stock price to drop by as much as 16%. Bad timing :( Or rather can anyone time the market? Looks like we are in a bull run now after announcement of ECB QE, there was a broad based recovery at the end of Jan 2015.
|Period||STI||My Portfolio (Realised)||Verdict|
|Jan 2015||2.71%||3.21%||I win |
Total 9 stocks in portfolio