Portfolio Update Apr 2020 - Resurgence, Recovery, Rebound or Recoil?

Resurgence. Recovery. Rebound. Recoil. Words to describe my investment portfolio after the bloodshed and battering caused by virus pandemic in previous months.

My portfolio value increased by $20k in Apr 2020 to $175.5k.

No sales. Capital injection of $6k by adding some Frasers L&I Trust (new name is Frasers L&C Trust) at 0.97 this week after trading Mapletree Industrial Trust. Frasers L&C Trust surged to 1.06 after reporting a good set of results and cleanup DPU of 3.73 cents after the merger with Frasers Commercial Trust, which I have sold off from SRS portfolio and explained before.

In my Net Worth update in Apr 2020, i mentioned about the following:

"As the virus situation merely peaked and stock market gradually stabilised, I believe there will be one last chance to grab whatever is left on the table before the new economy recovery phase kicks in for a new steady bull run in the new decade."

What's left on the table now are laggards, travel, heavily-overseas exposed and hospitality related companies that offer deep value for your bucks.

I was lucky to have grabbed Fraser L&C Trust. Is this the one last chance to grab whatever is left on the table.

I have depleted my primary war chest and have no intention to dip further into secondary war chests (Fix deposits and Savings bonds) as stock prices have recovered more than 20% from the lows on 23 Mar 20, the very day when I managed to grab a cheap piece of OCBC pie.

Slight recovery in my ultra long term SRS portfolio from rallies by ST Eng, OCBC and Keppel Reit. SATS and CDG are heavily impacted and will take longer time to recover.

Whether the rebound in the stock market is fake, dead cat bounce, short term, window-dressing, U, W, M shaped recovery or will retrace back to new lows or not, it does not matter as long as we stick to our own game plan.

My game plan is to stay invested in this game under all market conditions. Continue reaping dividends, rewards and ride out the challenges with the businesses I own, enjoy the journey of investment and pursuit of financial freedom.

We are starting to see glimmer of light from this dark tunnel. This crisis will definitely be over. It is a matter of how and when. Let's embrace the better future ahead for mankind! End the circuit breaker and let lives resume back to normal soon! Thanks for reading!

With Love & Peace,
Qiongster