Friday 31 May 2019

May 2019 Portfolio Update

May 2019

Portfolio Value after market close: S$93,485.52

Wifey's Portfolio Value after market close: S$44,737.55

Purchases: Japfa x 10,000 shares

Sold: None

Dividends:

CapitaLand: $480
Japfa: $150
MNACT: $78.24
Suntec: $129.20*

Comment:

Japfa

Saw the price weakness and added 10 lots to the existing 10 lots in holding. 

As the often quoted saying goes: when people are fearful you must be greedy..

Hopefully it turns out right for me.

I like their vertically integrated business model though a combination of the swine flu and poor 1Q results affected the share price by quite a bit.

Japfa share price is still consolidating between 0.545 - 0.57. I reckon 2nd half of this year might see better results from them due to higher poultry demands in Ramadan month.

Meanwhile I will continue buying their Greenfields brand for my milk supply which is really one of the cheapest in the supermarkets : )

ESR and MLT

Opted for DRP for both. Will include in next month's update.

*Updated with Suntec's dividend. Forgot to input in the original post. 

1 comment:

  1. Nice collection of dividends. Your are doing a good job. Keep it up!

    ReplyDelete