September 2018 - Yaruzi's Portfolio Update

September was an exciting month. Keppel Corp & SPH joined forces to offer $2.06 a share to take M1 private. It's a smart move for them to make such an offer when M1 traded near it's 5 year low. Looking at the last closing price of $2.11, I thought it would be unlikely for the other M1 major shareholders to accept the offer price. A bidding war might just be on the card. It's going to be interesting, though I may not be as excited as B from Forever Financial Freedom or STE from STE Stock Investing Journey, as my M1 holding is only 0.49% of my total portfolio.

Another Singapore telecommunication player, Starhub, announced that it would make a change in it's organisation structure that could result in layoffs amongst it's 2,500 employees in a bid to stay "agile and lean", ahead of new challenges, disruptions, and threats.

Portfolio value was $691,935.99 as of end September with $4,000 fresh fund injected. Return YTD was 1.91%, XIRR YTD was 2.63%, while XIRR since inception increased slightly to 5.83%. Equity allocation increased to 43.06%, while bond/cash allocation was 56.94%. Total dividends of $1,176.66 was received in September.

Date	Securities Name	FCY	SGD
5-Sep-2018	BT Group PLC (GBP)	60.54	106.77
19-Sep-2018	Royal Dutch Shell PLC-B (GBP)	32.26	57.99
20-Sep-2018	Capitaland Retail China Trust	312.62	312.62
25-Sep-2018	BP PLC (GBP)	41.43	74.00
27-Sep-2018	BHP Billiton PLC (GBP)	86.41	154.92
28-Sep-2018	Telstra Corporation Limited (AUD)	81.44	80.12
28-Sep-2018	HSBC Holdings Plc (HKD)	620.45	108.02
28-Sep-2018	China Mobile (HKD)	1,621.59	282.32

Link to Yaruzi's low cost portfolio as of September 2018