Cash dividends in Apr 2018

Received the following cash dividends in April:

  • SMC2F: ₱1.27635/share, around 1.63%, quarterly (6.54% p.a.)
  • SMC2C: ₱1.50/share, around  1.87%, quarterly (7.50% p.a.)
  • PHN: ₱0.40/share, around 5.01% p.a.
  • DMC: ₱0.48/share, around 4.48% p.a.
  • NIKL: ₱0.12/share, around 2.35% p.a.
  • LTG: ₱0.20/share, around 0.92% p.a.
  • AEV: ₱1.28/share, around 2.03% p.a.
  • AP: ₱1.39/share, around 3.56% p.a
  • GTCAP: ₱3.00/share, around 0.28% p.a.
  • SHNG: ₱0.1255/share, around 3.87%, semi-annually, (6.03% p.a.)
  • DDPR: ₱1.61945/share, around 1.60%, quarterly, (6.42% p.a.)
  • PCOR: ₱0.15/share, around 1.56% p.a.
  • SHLPH: ₱5.14/share, around 9.55% p.a.
  • CLI: ₱0.15/share, around 3.04% p.a.
  • MPI: ₱0.076/share, around 1.40%, semi-annually, (2.04% p.a.)
  • SECB: ₱1.50/share, around 0.74%, semi-annually, (1.49% p.a.)
  • TEL: ₱28.00/share, around 2.00%, semi-annually, (?? p.a.)*

All above % estimates are against price at close of May 11, and are the gross value/share, not taking into account the 10% withholding tax for Filipino citizens. This might inflate the % cash divs due to the recent market downturn.

*For semi-annual payouts, I typically add the previous cash dividend to this last one and just divide by the current price, however I’m not confident that TEL will be giving out as much as what they paid out back in Sep 2017.

Received a net (after 10% withholding tax) of around 0.88% of my principal from cash dividends in March (which if the equivalent would occur each month of the year, would equal to around 10.61% p.a…. and would also mean that most of the cash dividends I receive occur in April as I’m sure I don’t reach half of that percentage in a year).

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Bought in the first half of March 2018

Bought the following shares in the first half of March 2018:

  • 9: ROX @ ₱3.38
  • 12: AP @ ₱39.95
  • 12: COSCO @ ₱7.23
  • 12: MRSGI @ ₱3.28
  • 13: IMI @ ₱18.26 (tiny odd lot to round out my holdings)
  • 15: FNI @ ₱2.64

I succumbed to FOMO in buying LTG last month. I should’ve waited. I finally got to buy some ROX which I’ve been looking at since April last year when it was around ₱2.75

I was wrong in not selling VUL. I have a bit more of a buy and hold strategy, however I should segregate those I invest in, against those I speculate in. I now have a mental note to myself in terms of selling speculative stocks when they have sell signals.

SHLPH finally declared their cash dividends which I’ve been waiting for for some time now (I’ve written separately about it in Apr, Jul and Oct 2017 and Jan 2018). At ₱5.14/share, I’m guessing they’re either making up for the small cash div last year or that must more than 75% of earnings. I’m wondering though why they didn’t just release their cash dividends 2 or 4 times a year as it may make for a less volatile stock price.

I’m still uncertain if I’m buying more MBT just to get more of the ₱75 stock rights.

ALCO, ION, and SMPH are starting to look interesting.

I’ve also been reading and YouTubing some Jack Schwager.

Bought and sold in Feb 2018

The following are the buys and sells I had since my Jan 28, 2018 post.

Bought the following shares in Feb 2017:

  • 2: FGENG @ ₱111.60
  • 12: CLI @ ₱4.48
  • 12: LTG @ ₱22.50
  • 13: MRSGI @ ₱3.49
  • 15: FLI @ ₱1.78
  • 19: IMI @ ₱14.28 (Stock rights offering)
  • 20: ABS @ ₱31.55
  • 20: MPI @ ₱5.88

The only shares I sold were PIP for ₱2.90 on Feb 2, 2018. I don’t see myself selling any shares in the next few days, unless VUL rockets even higher.

 

 

Bought and sold since Dec 18, 2017

The following are the buys and sells I had since my Dec 17, 2017 post.

Sold the following shares in Dec 2017 and Jan 2018:

  • 28: MBT @ ₱99.45
  • 3: MPI @ ₱6.88
  • 9: LTG @ ₱20.90

Bought the following shares in Dec 2017:

  • 29: FMETF @ ₱130.50
  • 29: PIP @ ₱2.15

Kicking myself for selling both MBT and LTG. More so with LTG as I sold all my shares. I still hold a decent amount of MBT. I’ll probably buy some FGENG soon and I’m still wondering whatever happened to SHLPH dividends. I’ll definitely unload some when the price goes above IPO as I have too much in my portfolio. WLCON is going nuts but I’m still holding it for now though. I might buy LTG again if it goes down to around ₱22+. I think the turnover is justified at these record-breaking points and had to sell for my own subjective risk management rules. Professionals supposedly go broke by taking small profits (my LTG had 68+% profit though). I’m happy as long as my trades are on trend and take profits to preserve my capital.

 

Sold LTG, Bought ALCO, CPG, MPI, WLCON, and SGI

Sold half of my LTG shares for ₱14.90 back in Mar 22 that in hindsight might not have been the best thing to do (it closed at ₱16.08 today), especially since my net gain was just slightly over 3% for holding a stock for more than three months. This is below my IRR of greater than 11%. I guess I just thought that it’s better to gain rather than see and wait for a stock in case it goes below purchase price. I did hold on to my other half of shares which is currently showing a paper gain of around over 19%.

As I said in previous posts on what I was planning to purchase, in the past week I bought some more ALCO @ ₱1.38, CPG @ ₱0.495, MPI @ ₱6.12 and SGI @ ₱1.39.

Looking at HLCM the past few days, but it went up 3.2% today, so I might hold off… or maybe buy at the higher price. May sell some GLO or MWIDE as I’d need to get ready for the stock rights of CHIB (to be priced on Apr 6, offered from Apr 24 to May 5, with a tentative listing date of May 10).

Excited about the WLCON listing tomorrow. Got a very limited amount of shares. Read somewhere it was 3x oversubscribed. At the offer price though, the price was quite dear. Let’s see how the market thinks about it tomorrow.

PHN ex-divs tomorrow, payment is supposed to be on Apr 21. Also received my PX cash div of ₱0.04 / share and BEL’s cash div of ₱0.095 / share recently (PX’s cash div yield is so low I’m not going to even try to compute it, BEL’s is around 2.3%).