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Sunday, April 1, 2012

1st quarter 2012, Property & Offshore Marine Stocks Outperforming the Broader Market!


I was reading an article from reuters, it mentions that past week (30th March 2012) Singapore shares ended higher on Friday, with the main index clocking gains of around 14 percent for the first quarter, with property and offshore marine stocks outperforming the broader market.

This article delighted me as 90% of my portfolio come from these two sectors. I agree to the statement from the article "Kenneth Ng, CIMB's Singapore head of research, highlighted offshore marine as his top sector pick, due to persistently high oil prices, and also real estate investment trusts because of attractive dividend yields." Offshore marine is recovering, we can detect this from recent annoucement like offshore marine stocks rewarded with contract and so on. All these good sign encourages me to keep my eye on offshore marine stocks because they are relatively low price now. If nothing wrong, they can be a rising stars in near future! If base on risk reward ratio, they are at the condition of lower risk but higher potential for good return!

Singapore Property stocks always my fauvorite especially S-REITs. The stable price and attractive dividend yields make me unable to resist. REITs is a good balance for your investment porfolio because it can reduce the risks you are undertaking due to its defensive nature to stocks market.

If you look for the full article, please go to this links http://www.reuters.com/article/2012/03/30/stocksnews-singapore-close-idUSL3E8EU5D920120330

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