Reasons for current portfolio

The most important thing about trading and investments is the reason why you are willing to part with your monies...

This post is to serve as a reminder to me on my wrong buys, bad buys, as well as proper buys, that's currently on my portfolio... A separate post will be used for completed sells....

My personal short write ups:

Stock: SPH (average $3.65)
Reason for purchase:
Dividends counter. Defensive stock in a defensive business. Positive expansion into magazines and property arena.

Stock: CapitaCommercial Trust ($0.84)
Reason for purchase:
Dividends counter. REIT with strong backer in Capitaland. Commercial properties like Starhub Centre are well known.

Stock: CitySpring (average $0.51)
Reason for purchase:
Dividends counter. Business Trust with strong backer in Temasek Holdings. Defensive infrastructure play.

Stock: Macquarie International Infrastructure Fund (average $0.305)
Reason for purchase:
Dividends counter. Business Trust with strong backer in Macquarie Bank. Defensive infrastructure play.

Stock: ST Engg ($2.28)
Reason for purchase:
Dividends counter. Undervalued blue chip buy.

Stock: Capitaland ($1.64)
Reason for purchase:
Growth Counter. Undervalued blue chip buy.

Stock: Starhill Global REIT (average $0.51)
Reason for purchase:
Dividends counter. REIT with strong backer in YTL Corporation. Commercial properties like Ngee Ann City and Wisma Atria are well known.

Stock: Starhub (average $1.895)
Reason for purchase:
Dividend Counter. Defensive telco sector with high dividend yield.

Stock: GRP ($0.20)
Reason for purchase:
Dividend Counter. Recommended by MusicWhiz, and offering 10% dividend yield. Zero debt plus potential for more growth.

Stock: Breadtalk ($0.37)
Reason for purchase:
Value play. Intrinsic value estimated to be around 70 cents. Growth stock with good potential. Owns Breadtalk, Ding Tai Fung, Food Republic.


Stock: Cosco ($2.67)
Reason for purchase:
Because sister says good... And analysts report were good...
I failed to check properly on technical indicators, which on hindsight, were already showing downtrend.

Stock: LC Dev ($0.21)
Reason for purchase:
Interesting development company. Bought because of ascending triangle which failed to materialise a breakout.

Stock: Hor Kew ($0.125)
Reason for purchase:
Because mindgames said it's good. Also interesting construction play.

Stock: Berlian Laju (average $0.117)
Reason for purchase:
Because mindgames said it's good. World largest chemical tanker company. Mini blue chips value play in the future.

Stock: China Sky ($0.245)
Reason for purchase:
Technical rebound from 200 MA. Undervalued China Play. And because shawnshawn think it's good.
Mistake in chasing stock when my happy entry price is at $0.235.

Stock: Singtel ($2.98)
Reason for purchase:
Near important technical indicator 200MA. Blue chip stock that will not die because of strong backer Temasek Holdings. 4% dividend yield. Looking to sell at a profit.