I will not update both the SRS and CPF portfolios as there is no movement in these portfolios.
For the Cash portfolio, new additions are HTL 6 lots and Latitude 10 lots; and sold off Cambridge 8 lots.
Latitude is probably paying interim dividend in March month and the amount is likely to be higher than interim dividend (usually happening) in February month by Reit counters. Latitude has a higher dividend as it is considered a higher risk counter. In the days and weeks ahead, if there is a good capital appreciation on Latitude then l will sell the entire 10 lots rather then waiting for it to go ex-dividend. For a high risk counter as Latitude, there is a chance that it would not be paying any dividend at all. If all plans failed (no capital appreciation and no dividend) then l will just hang on to it. I have put in $2.2k for 10 lots on it with the hope it is a worthwhile short term investment.
HTL is facing problems on forex volatility, cost increases in raw leather, higher freight rates and higher production costs in China. Anyways, l am confident HTL is able to overcome these difficulties as they have been dealing with overseas businesses all these while. It has a reasonably healthy balance sheet with healthy free cash flow position. Its inventory on FG and WIP are made to order by customers. With the additional 6 lots this week, my total exposure in HTL is at reasonable amount of $3.4k (for 12 lots).
Selling off Cambridge so that l can re-use the funds for reinvestment.
Going forward, l am considering putting in funds on anticipated higher paying interim dividend counters say, K-Reit, Ascott Reit, etc. Projecting the annual dividend payout is already not easy so l am hoping the effort in anticipating the interim dividend payout is more rewarding.
previous posting :- Cash - Closing Status 30 Dec