2 new addition - capital gain objective

     

NamCheong and Tat hong entered my portfolio today, 2 great companies, that operate rispectively in the marine and crane businesses.

Rationale for acquiring NamCheong:
- 100% strong buy rating for analyst
- +25% potential increase on stock price in the next 2/3 quarters
- very promising returns with increasing revenues (+171%) and operating profits (+87.7%) YoY
- strong CAPEX influx in the Oil & Gas industry projected in the next 5 years (mainly driven by the Johor project in MY by Petronas)

Rationale for acquiring Tat Hong:
- 100% strong buy rating from analyst
- Singapore infrastructure development in the next 5 years is bullish (see Singapore Population White Paper) driven by population increase of ~6.9M people
- New project beying developed (rail system, houses, roads, ...) -
- Strong demand for Crane business as a result

Some shuffle in the portfolio

Today I made some changes to the portfolio, in particular:
1) Divested all my lots from ComfortDelGro (drop in analysts reccomendations as the price surged)
2) Entered 20 lots into LippoMalls (good analyst reccomendations, yield and potential for price increase)
3) Confirmed 6 lots into AIMS capital (for similar reasons)

FIRST REIT and AIMS

 

Today, I have initiated a position on FIRST REIT (14,000) and consolidated my position on AIMS capital (+6,000). Take a look at the portfolio on the right.

Rationales:
- high dividend yield on both stocks and strong analyst reccomendations
- potential of uplift of stock price (in particular for AIMS capital) compared to average analyst target prices
- solid fundamentals
- diversify the portfolio with positions in the health sector

As a side note, the market is an historical high and there are not many options out there to invest with high yield (~5-8%), the best I could find so far are REIT (in this case I am trying to diversify a bit) and high yield ETF (see my previous post on iShares ETF).

Looking forward for a prosperous 2013 ;-)

Dividend rider