The month of October saw the market value of my portfolio increase significantly.
This was mainly due to:
a) Frasers Centrepoint Trust price skyrocketting offsetting slight weakness in price of Stamford Land. b) Buying in of more United Engineers.
Actions taken in Oct: A) Purchased 11 more lots of United Engineers. (note: year end results coming, Plus its developments like Changi Bizhub are nearer to completion) My top 3 holdings are still: 1) Frasers Centrepoint Trust, 5% yield, Holding for stable CASHFLOW 2) Stamford Land, 4% yield, Holding for large % CAPITAL GAIN 3) United Engineers, 4% yield, Holding for large % CAPITAL GAIN I am now still sitting on some cash, albeit lower quantity, to allow me to redeploy.
Think will stop buying in the meantime and wait patiently for dips.
Keeping my fingers crossed for value-unlocking in Stamford Land and United Engineers. :-)