Portfolio Update May 2018

Do you believe in "Sell in May and go away"?

In May STI got a negative 5.1% return, and the index almost goes back to where it was at the end of December 2017. Many drama happened in May, including China-US trade war tension, and the Italy political crisis. Most stocks are very volatile, especially during the last week of May.

In order to protect my profit, I sold partial of my CDG's share at 2.38, after received few hundreds of dividend in May. I also sold partial of my BOC Aviation at 49.01HKD. I bought some Thomson Group Ltd (HK) in this month, given that they are able to issue high dividend, and it is trading at low valuation.

Tai Sin result is quite bad, and it went down from 0.39 to 0.37.. expected price movement, but I think I will still hold on to it, as the dividend yield is still good and the company most likely is able to maintain it. Straits Trading result even worse, and the price dropped from 2.21 to 2.09, given that it is the largest position in my portfolio, the portfolio performance is dragged down by it.. Good news is BOC Aviation is so powerful and went up from 46 HKD to 49 HKD, so I sold part of it to lock in my profit. (Very sad that didn't managed to sell at 49.70 as I couldn't monitor the market every hour, but got profit is quite good)

I have decided to use "unit price" to compare my portfolio performance against STI and HSI. The base number of my portfolio, STI and HSI equals to 100 at the end of December 2017. The return is shown as follows:

2018 PERFORMANCE
	VALUE		SGX	VALUE		HIS	VALUE
Dec-17	100.00		3402.92	100.00		29919.15	100.00
Jan-18	100.43		3533.99	103.85		32887.27	109.92
Feb-18	98.23		3517.94	103.38		30844.72	103.09
Mar-18	98.14		3427.97	100.74		30093.38	100.58
Apr-18	98.41		3613.93	106.20		30808.45	102.97
May-18	99.70		3428.18	100.74		30468.56	101.84

My portfolio's return is catching up with the index returns.. hope Straits Trading can show better performance..

Looking forward to add more MinSheng Bank HK and BOC Aviation!

Edited on 1/6/18:

Opps forgot to update my portfolio..

	Name	Percentage
Stock
1	ComfortDelGro	2.10%
2	Keong Hong	9.81%
3	TAI SIN	5.26%
4	STRAITS TRADING	29.71%
5	BOC Aviation	7.68%
6	MINSHENG	4.54%
7	RIVERA	5.35%
8	Thomson Group LTD	2.39%
Cash
1	SGD	9.79%
2	HKD	9.23%
3	AUD	14.14%
Total		100%

Straits Trading's percentage is currently below 30% of my total portfolio, and my cash level increased. BOC Aviation dividend will come in next week, around 330 SGD less tax. humm 10% foreign stock dividend tax is quite painful.. can't imagine those have to pay high dividend tax as well as capital gain tax. Ouch.

Hope SG Govn will maintain current dividend tax and CGT level in the future (: