Portfolio Review 2Q14

One transaction completed:

1. Sabana

• Buy
  First Syariah-compliant REIT here in Singapore
  Luck with IPO balloting for public (see Sixth time (un)lucky)? entry)
• Sell
  Decreasing occupancy rate and dividend payout
  Rising gearing ratio

Currently holding on to 10 counters (see Portfolio Review 1Q10 for 1-3, Portfolio Review 2Q10 for 4, Portfolio Review 4Q10 for 5, Portfolio Review 1Q11 for 6, Portfolio Review 4Q12 for 7, Portfolio Review 2Q13 for 8 and Portfolio Review 4Q13 for 9):

1. FrasersCT
2. PLife
3. Starhill
4. Cache
5. First REIT
6. Cambridge
7. Sembmarine
8. Croesus RTr
9. CDL HTrust 
10. OUE HTrust 

• Buy
  Positive on Orchard shopping belt
  Stable price and dividend payout

Next portfolio review due after 30 September 2014.

Note to self: only simple P/L calculated