Saturday, 10 December 2011
Cash - Closing Status 09 Dec (unrealised stocks status)
Added HwaHong 5 lots, LippoMalls 9 lots, FSL 15 lots.
Sold Noble 2 lots, MacqIntInfra 3 lots, CDL HTrust 2 lots, CapitaComm 2 lots, MappletreeLog 5 lots.
Tested my cash portfolio as of Dec 02 on dividend returns in absolute dividend amount on the assumption of what-if available funds of $10k and also the full 100% allocation of the funds against each stock.
If $10k is in POSB bank savings account, l will get $5 annual interest.
If $10k is spent on goods and services in a year which comes with 7% GST, l will suffer $700 on GST paid.
With 100% of $10k allocation against each stock, the counters which l have sold this week (Noble, MacqIntInfra, CDL HTrust, CapitaComm, MappletreeLog) failed to give me an annual dividend above $800. This $800 is enough to cover the GST amount paid but remaining $100 (in a year) is really too little.
Of these three counters added this week, HwaHong is riskiest (per its 3rd quarter financial statement), what got into me investing in this counter ... OMG. l will continue to monitor it.
previous posting :-
Cash - Closing Status 02 Dec