Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. I'm paying off the balance transfer faster than I would and maybe do another one using Maybank. In addition, I'm on a steep learning curve for my side venture, as I'm gonna do everything DIY instead of letting people do it for me (more costly), let's see how it goes.
- Buy Silverlake Axis at 0.5 (Average down)
- Reasons
- Add at around fair value of 25x PE
- Dividend yield excluding special div is 4.4%, which is close to 5 year high of 5% (after special dividends is 9%)
- Buy Facebook at 175.21
- This is the first time I bought a growth stock frankly, and just right after I bought it, it had a 4% drop
- Reasons
- A sudden drop (~20%), buying on a dip
- EPS of 8.68, assuming 10% CAGR until 2023, gives me about 217
- Facebook remains strongest in social meda and takes majority of online ads with Google
- Whatsapp, Instagram and FB messenger is yet to be monetized (FB messenger chatbots are free for now and could be used for business, but uptake is not that widespread yet)
- However, it is good to point out that Facebook growth would be slower, considering the remainder of population less China, it has gained around 70%
- There could be potentially some short term pain, in which if it is good enough, I will add more
- Let's see how it pans out, it is not a large position though.
Well, that's all for my money right now. Still holding to quite a bit of cash (~40%).
For those of you who wanna see more information, my SGX portfolio is on SGXCafe too! You can find it here.
Hi Azrael,
ReplyDeleteWhat is your email? Can't seem to find it on your blog.
I didn't put it there on purpose :p
Delete