SRS Portfolio Weekly Review

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A long tail appeared and 1.27 will be a resistance to overcome. No major news released this week but watch out for the yield bubble burst.

Far East Hospitality Trust

Showing signs of weakness as mentioned in my previous weekly review. One interesting news emerged yesterday that APG Pension has become a 5% substantial shareholder. The announcement is here. APG is the Dutch fund manager managing its pension fund. It is indeed good to see some real long term investors buying into FEHT. I would rate this as positive news.

M1

This is my new addition this week. The post is here. Frankly, i am not sure if this is a 'wise move' to switch from Starhub to M1, but we shall see. The company announced its Q3 results and the presentation slides is here. One thing I miss may be the quarterly distribution of Starhub of 5c each. Perhaps i should add M1 to Starhub instead of replacing M1 with Starhub. hahaha. Let see if i can buy Starhub back in future and maybe i will "hello Starhub" again. Not sure what i was thinking this week but perhaps i was 'misled' by the analysts?

It's a weak set of Q3 results and earnings decline 14.3% on a 9 month basis although M1 said Q4 likely to be better. Starhub will release its Q3 results on 2 Nov although it may still have that EPL capital expenditure hanging over its head. I definitely prefer Starhub's business model of "hubbing" broadband, TV and mobile. I think eventually M1 may be acquired by Starhub or Singtel or some foreign player as it is the smallest player here.

Nera Tel

Nice chart and a nice set of results. This is one company which i will consider adding on if there is any correction. I have a recent post this week on Nera Tel after its Q3 results.

Perennial China Retail Trust

Really require a lot of patience and it is not helping when i see Capita Retail China flying up like a rocket as you know that i was deciding between the two. My post was here. Capita Retail China has moved up by more than 10% whereas PCRT is still sleeping... urrghhh... This is one example of how one's life is being impacted by such this 'little decisions' we made? hahaha.

QAF

No major news released but i hate to see long tail. The tail becomes a resistance to overcome in the future but the bullish thing is that the counter is at 52 weeks high and there will probably be further upside.

SPH

Again what i like about SPH is that it is trading at 52 week high. Hopefully we can see it making new highs.No major news released.

Starhill

This is under the yield bubble stock and will watch it closely. The company will announce its Q3 results on 29 Oct.

STXOSV

This is my new addition this week. The post is here. This stock is pretty volatile and you must have the appetite for it. The Company will announce its Q3 results on 14 Nov. A major fund managed by Och-ziff has been selling out big time from this counter but the good thing is that the selling has been pretty well absorbed. OZ Funds now hold about 11.92% and i believe they will continue to sell down their shareholding. OZ Master Fund is a hedge fund, something similar to my Ninja Master Fund :-P 

The stock will not move up until they are completely out of the picture, so i think you will have time to buy this company slow although i can't remember why they are selling out of STXOSV. Perhaps some readers can enlighten me.

Suntec REIT

I like what i am seeing :) The Company will release its Q3 results on 25 Oct 2012.

UMS

The Company recently went "X-dividend" and came under selling pressure. I hope the correction in the US tech sector will not affect this counter badly. No major news released.

Happy SRSing and drop me investment ideas if you have any. The key criteria will be:

• Fundamentally sound.
• Annualized yield of at least 5%.
• Long term holding.
• Preferably with decent valuations.