Tuesday, December 21, 2010


I invested 2 lots into Wilmar at $5.70 today. Probably my last investment this year.

I always wanted to build a portfolio around a few good commodities companies. I already had banking, Telcos, Transport, Reits, Infrastructure Trust, Property and Media of varying sizes.

Unfortunately, the entry price was high for companies like Wilmar, Olam, Noble, IndoFood and others throughout this year.

Took opportunity of the "bad" news surrounding Wilmar today to take a small position. I typically monitor companies that I would like to be invested and take position when there are "bad" news that cause a sudden price drop to make a entry. This is one of my ways to minimise going in at a higher than warranted price. I missed the opportunity to invested earlier when there some a tax fraud rumour against Wilmar previously as I had not clue how bad that can be.

Taking a small position in a company forces me to monitor the company performance closely to see if I can continue to build up my position.

Wednesday, December 15, 2010

Some Personal Reflections on 2010

The year is drawing to a close. My portfolio remain largely the same as in the beginning of 2010 with some additions. Most of the additions are done beginning of the year. I divested Cosco, NOL and MIIF with some small capital gains. I did a rough calculation and my average passive income is running around $5K/month.

My near misses for the year are GMG, Genting and Thomson Medical where I have seriously look at them but hesitated for too long before the counters took off.

Two of my substantial holding (DBS and Capitaland) have been laggards this year but I am not thinking of divesting.

I expect or have received dividends for the following this month:-

SP Ausnet