Portfolio Update - December 2007

Top Ten Holdings ( by market value )

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

Dividend for the month of November = $427.29

From 05-12 year2007 ( over 8 months ), my total dividend is $15,124.43

Market Value of equity = $428,348.12
Market Value of trust fund ( fundsupermart ) = $73,564.83
Market Value of trust fund ( finatiq ) = $59,819.25

Market remains volatile throughout the month with the credit crunch issue very much in the forefront of the whole nervousness. Year end rally did not materialise, though there was a slight upwsing on the last day of the month. The whole economy in general still appear to be on the rising trend and hopefully 2008 will turn on the heat for another bull run. Under such circumstance, it is important to position oneself for the upswing if it comes, before all the uncles and aunties jump onto the wagon too.