Friday, September 28, 2007

Portfolio Update - September 2007

Top Ten Holdings ( by market value )

1. ST Engineering
2. Noble Grp
3. UOB
4. SIA
5. Swiber
6. SingTel
7. OCBC
8. Comfort Delgro
9. Allgreen
10. Semb. Marine

Noble shot up 2 places becos of a sharp increase in price. SIA has a capital reduction exercise, so reducing my share in it. A surge in price for Singtel, also see it climbs up slightly. Banks are hard hit this month by the sub prime issues in US. Allco REIT has remained undervalued and it drops out of my top ten.

Dividend for the month of September = $2,298.34

change in Equity m.v. = $39,372.13
change in Equity profit = $34,020.63

Pleasantly surprised that i got another $2k+ dividend payout month.
From 05-09 year2007 ( over 5 months ), my total is $13,478.99

When my oilpods preproduction payment starts, i will have another $2000 per annum of income.

This dividend forms my passive income.

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