(Disclaimer: This is not an advertisement for StockCafe)
I found another interesting feature on StockCafe yesterday while reviewing the performance of my portfolios. I can see how many fellow StockCafe subscribers actually own the same stock as me. Although it doesn’t influence me directly in my investment decisions, it provides another useful reference point and information for reflection. Thank you Evan (founder of StockCafe)
Below is a summary of the results:
|My Top10 Holding||Companies||% of Stockcafe subscribers owning the same shares|
Surprise! But no surprise that Singtel is the most favourite stock of everyone.
I am not sure if this is because many of us in StockCafe are of that generation that had the “Discounted Singapore Telecom shares”, which was offered by the Singapore government to us at $2/share in 1993. Many of us became a “equity investor” overnight. But the catch is that we could only subscribe to and held it in our CPF accounts. It was claimed that Singtel has a million shareholders overnight because of this 🙂
But on the other hand, I am not surprised if Singtel enjoys a strong following given its attractive and reliable (used to be but less certain in the future) dividend distribution of ~ 5%.
Other Interesting Analysis …
Other stocks in my Top10 that are also favourites among StockCafe subscribers are Starhill Global, Netlink Trust and DBS. But having say that, they are way way below Singtel. I did further analysis that Starhill Global is the second most popular Reit after CapitaMall Trust. Does that surprise you?
There are also stocks which I hold a substantial holding that are not popular among others. They are Manulife Reit, Q&M Dental and Ireit. I guess “not local” reits that are totally exposed to overseas markets are not very popular. I personally thought Q&M Dental business model looks quite resilient with a fair share of growth but obviously this view is not shared by many other fellow investors. In fact, it is so pathetic that its 1 out of 100 fellow investors. Maybe I need to have a closer look at it again.
Amongst the Banks, DBS and OCBC are clear favourites over UOB.
For fun and comparison, I decided to review all our 3 local big banks.
I can understand the attractiveness of DBS to investors especially after their recent commitment to higher dividend payout. But why is OCBC over UOB. Is it because OCBC is seen to be more growth oriented and UOB is more conservative. I wonder? Personally, I like UOB more than OCBC. DBS is clearly the darling bank amongst us 🙂
Any take/insight from you on this? Are these same stocks found in your portfolio too?
Hope to hear from you too.
Have a great investment week ahead.