Saturday, October 31, 2020

Portfolio Update Oct 2020

My portfolio took a beating from the market plunge in recent weeks leading up to the US Presidential Election. It is a healthy correction and reality check from bad news such as worsening Covid-19 situation in Europe and uncertainty over future stimulus.

Portfolio value drops $7k to $199k despite capital injection of around $10k.

I still firmly believe that this crisis presents opportunities to buy quality income producing assets at discounted prices. While it is disappointing to see investment portfolio value get eroded and declining personal net worth, it is important to stay calm, stick to own plan by executing small steps towards fulfilment of long term goals during such uncertain times.

My upcoming plan would be to add Mapletree Logistics Trust at below Preferential Offering price of $1.99, add Mapletree Industrial Trust at below $3 and hopefully initiate a new position in Keppel DC Reit below $2.80. The best time to invest is now for a better future! 

Portfolio Actions

1. Added 302 shares of UOB at $19.56

2. Gotten 1,500 shares of FCT at $2.34 from Preferential Offering

3. Conversion of 10,000 shares of CCT into 7,200 shares of CICT after the merger

4. Nibbled 297 shares of CICT between $1.75 and $1.82 using the free brokerage promo by Philips POEMS

Portfolio Dividends

1. Received 6 shares of UOB from scrip dividend

2. Received 48 shares of OCBC in SRS from scrip dividend

3. Received $2,590 of capital returns from Capitaland Commercial Trust from the merger



My SRS portfolio value declines slightly to $68.5k. Mapletree NAC Trust has recently reported a DPU of 2.876 cents for 1H FY2020/2021 and acquired a 50% stake in The Pinnacle Gangnam office building in Seoul, South Korea.


I wish the best for all in your investment journeys. Thanks for reading.

With love & peace,
Qiongster


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