I have recently added some blue chips to my portfolio on 4th June.
OCBC @ $10
OCBC has been testing the support of $10 for 2 days and it seems like a good price to enter. I had been eyeing this counter for a long time and is definitely excited to get it at $10. Yet as part of my strategy to diversify my portfolio, I only added 300 shares.
Sembcorp @$4.01
Sembcorp is another strong counter which has rides the waves of recession and remain strong. About 50% of its profits comes from its utilities business and I remain bullish on their projects to generate more power, water and of course profits.
It has previously generated good profit for me thus I continued to place it on my watch list even after selling it before xd at $4.80 in april. The volume on 5 June is significantly lower compared to the previous 3 trading days which saw price slide from $4.16 to $4.
$4 seems like a good support though I had to admit I might had entered too early. It might probably test this support for a few more days before deciding whether to bounce back up to break support again.
Starhub @ $4.01
Starhub has been testing support since 29th May and $4 seems to be a strong one. $4 was the lowest price in March 2014, October 2014 as well as December 2013. Things can only better from here.
All in all, I think I got these 3 counters at a good bargain and they will be staying in my CDP account for a long long time.
Friday 5 June 2015
Sunday 12 April 2015
Stocktake!
Today is Monday and I am not working today woohoo~!
As shared earlier, these are my current holdings:
Stock No. of shares
| Rotary Engg | 1000 |
| Sembcorp Ind | 1000 |
| ST Eng | 2000 |
| Keppel Corp | 1500 |
| Accordia Golf Trust | 10000 |
| Suntec Reit | 6500 |
| CapitaCommercial Trust | 5000 |
| Keppel DC Reit | 3000 |
Rotary: I first bought it when I am new to the stock market. To be honest, you can say it is really anyhow.
ST: This is a defensive stock and GLC considered to be pretty much safe. They had covered land, sea, air and IT. They work on army vehicles, planes, ships and electronics. This includes even the traffic lights on the roads. (Did they miss out on property?)
For 2014, 42% of their profit comes from aerospace and I believe this industry will grow even more in the coming years. People are flying more frequent then ever as the world becomes more and more interconnected thanks to advancement in technology.
SCI: Utilities seems promising with more rooms for growth. In 2015 and 2016, SCI will be adding over 3,400 megawatts of power and 1.6 million cubic metres per day of water and wastewater treatment capacity to their operating portfolio. This will bring their global power and water capacity to almost 7,900 megawatts and over 9.5 million cubic metres per day in total. (info from sci website)
Net profit: $801m
Utilities: $408m (51% of net profit)
Marine: $340m (42% of net profit)
Urban Dvpt: $44.3m
Others: $9m
Dividend wise, its comparable to 2013 and should be able to satisfy investors. (11 cents xd on 23 Apr 15 !)
Keppel Corp: It was hit by oil price and price had been falling. The lowest point was about $7.9 and I entered a position at $8.28. With all the news about the decrease in the number of oil rigs, oil price has rallied to $5x in recent weeks despite the ever increasing supply in the US. Various banks had forecast that oil price is likely to remain low for the next 2 years but should recover to about $60. Thus, I remain bullish on KC. The 36 cents dividend is also very attractive and definitely had great effect on the price which is currently at $9.4x as of 13 Apr 2015. Hope it goes up to $9.80 before xd!
Meanwhile I had...
Just opened a SCB account for the purpose of trading. (To avoid the min. $25 commission)
Brought my jacket for dry cleaning (like finally)
To do for today:
Read up more on investing.
Exercise.
Catch my favourite drama.
Enhancement to my excel sheet...
Meanwhile I had...
Just opened a SCB account for the purpose of trading. (To avoid the min. $25 commission)
Brought my jacket for dry cleaning (like finally)
To do for today:
Read up more on investing.
Exercise.
Catch my favourite drama.
Enhancement to my excel sheet...
Wednesday 25 March 2015
First Post!
This is my first post in my investment journey and I would like to share what I have learnt along the way with you readers here.
I started investing on the 26th of December 2014. This marks 3 months into investing for me.
As a chemical engineering graduate, it seems natural for me to invest in oil and gas related companies. Yet the truth is that I know nuts about which stocks to invest in.
With some help from Google search, I stumbled upon some blogs and forums and picked a few stocks to put my hard earned money into. Thinking back, I should call that gambling...
Along the way, I managed to retrieve from my brain what little I had learnt in Accounting and applied it to reading the financial statements.
I had also learnt from various websites on reading charts, understanding what are open price, close price, P/E, candlesticks, support and resistance and so on... Till date, I dare not claim to say that I fully understand all these nor can I confidently use them to pick stocks.
That led me to read news on the companies that people are talking about.
I then begin to understand a little at a time. Like how oil price will affect oil and gas stocks and airlines. Or how US Fed interest rates are affecting the STI in general and in particular to the banks.
More lessons on the net led me to learning about MACD, RSI, slow stochastic and other technical indicators. These had help me to better plan the entry and exit points
Looking at how some bloggers are considered more successful than others in investment, I try my best to understand why the stocks they mention are good or not so good.
Somehow, learning all these give me a piece of mind and so far I do not have trouble sleeping at night though I may stay up late to read up more on stocks and related news before heading to bed.
As you can see, I am not a good writer and I thank you readers for reading until here. I will try my best to brush up my writing skills.
Meanwhile, the following shows my current portfolio:
Stock No. of shares
In my next post, I will attempt to explain and justify why I bought these stocks.
I started investing on the 26th of December 2014. This marks 3 months into investing for me.
As a chemical engineering graduate, it seems natural for me to invest in oil and gas related companies. Yet the truth is that I know nuts about which stocks to invest in.
With some help from Google search, I stumbled upon some blogs and forums and picked a few stocks to put my hard earned money into. Thinking back, I should call that gambling...
Along the way, I managed to retrieve from my brain what little I had learnt in Accounting and applied it to reading the financial statements.
I had also learnt from various websites on reading charts, understanding what are open price, close price, P/E, candlesticks, support and resistance and so on... Till date, I dare not claim to say that I fully understand all these nor can I confidently use them to pick stocks.
That led me to read news on the companies that people are talking about.
I then begin to understand a little at a time. Like how oil price will affect oil and gas stocks and airlines. Or how US Fed interest rates are affecting the STI in general and in particular to the banks.
More lessons on the net led me to learning about MACD, RSI, slow stochastic and other technical indicators. These had help me to better plan the entry and exit points
Looking at how some bloggers are considered more successful than others in investment, I try my best to understand why the stocks they mention are good or not so good.
Somehow, learning all these give me a piece of mind and so far I do not have trouble sleeping at night though I may stay up late to read up more on stocks and related news before heading to bed.
As you can see, I am not a good writer and I thank you readers for reading until here. I will try my best to brush up my writing skills.
Meanwhile, the following shows my current portfolio:
Stock No. of shares
| Rotary Engg | 1000 |
| Sembcorp Ind | 1000 |
| ST Eng | 2000 |
| Keppel Corp | 1500 |
| Accordia Golf Trust | 10000 |
| Suntec Reit | 6500 |
| CapitaCommercial Trust | 5000 |
| Keppel DC Reit | 3000 |
In my next post, I will attempt to explain and justify why I bought these stocks.
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