Thursday, 26 July 2012
Portfolio: July 2012
July has been a month of positive surprises.
The market value of my portfolio increased mainly due to increases in stock prices of my 2 largest holdings (Stamford Land & Frasers Centrepoint Trust), plus the purchase of United Engineers.
Nonetheless, I am still concerned about improving my overall Portfolio Yield.
There doesn't seem to be any fantastic yielding stocks right now for me to recycle my capital as the entire market seem to do a mad-charge for defensive stocks.
Looks like I got to wait while accumulating dividends meanwhile.
Actions taken in July:
-I accepted Wing Tai's offer at $1.39 for about 5,000 shares and retained the rest.
-Added 17,000 shares of United Engineers for reasons explained in my previous post.