Portfolio - 2021 Q1 Overview
Took a pretty long break for the past few months! Haven't really had a chance to look too deeply into any results and/or companies, but I have plans to make some changes to the portfolio soon, so a few posts should be coming up in the coming weeks (no promises though).
2021 Q1 Portfolio Changes
New Positions: -
Closed Positions: -
Added: Mapletree Industrial Trust
Reduced: -
Didn't do much in the first quarter of the year, with just a small addition to the existing MINT position. Truth be told, it was supposed to be a quick trading position, but it didn't really go as planned. Typically when a trading position gets converted into a investment position, it points to an undisciplined approach without a strict cut-loss in mind.
However, my "short-term" trades are always done with a counter that I'm comfortable holding in the long run, at a comfortable price. So I don't think it's that bad of a situation!
I also closed my position in US. I recorded some gains (5-10%), but lost it all on some GME itchy finger plays, so it all broke even in the end! For the short 2 month trial or so, I still felt "out of my zone", and so will be taking a step back, and sticking to my core investing strategies.
Current Portfolio Composition
| Counter | % Cost | Risk (/10) |
|---|---|---|
| ST Engineering | 13 | 2 |
| Keppel DC REIT | 12 | 3 |
| Frasers Centrepoint Trust | 15 | 5 |
| Mapletree Ind Trust | 25 | 3.5 |
| DBS | 20 | 5 |
| ParkwayLife REIT | 9 | 1.5 |
| NetLink NBN Trust | 6 | 6 |
After a cursory glance at the recent results, I don't think the fundamentals for the companies have changed much over the past few months, hence the unchanged "Risks".
