June Transaction Update

No.	Stock	No. of Shares	Ave.Price	CurrentPrice	MarketValue	%Portfolio
1	COMFORTDELGRO	3,800	2.53	2.3	8,740.00	8.42%
2	SIA	800	10.7	10.06	8,048.00	7.75%
3	DESIGN STUDIO	12,000	0.575	0.585	7,020.00	6.76%
4	LHT	8,000	0.755	0.7	5,600.00	5.39%
5	OKP	16,000	0.43	0.435	6,960.00	6.70%
6	PEC	9,500	0.655	0.61	5,795.00	5.58%
7	PNE INDUSTRIES	5,900	1.06	1.1	6,490.00	6.25%
8	TAI SIN ELECTRIC	20,000	0.44	0.435	8,700.00	8.38%
9	TAT SENG PKG	11,000	0.575	0.6	6,600.00	6.36%
10	KEONG HONG	31,000	0.462	0.49	15,190.00	14.63%
11	CASH	-	-	-	24,676.32	23.77%
	Total	-	-	-	103,819.32	100.00%

I tried to trade less and less these days and focus more on value investment. I just came back from Italy and found that there's one disadvantage for staying in Singapore as an investor. It is too convenient to check the market price! I found that I still cannot control my emotion very well to prevent me to be too optimistic or pessimistic by looking at the price. I found that if I spent too much time on checking the stock price I will think too much and very likely to make decision based on the market price instead of stock fundamental. I am not sure am I doing to correct thing, but my value investment method works quite well now, and my mood won't be too affected by the market price movement.

I bought OKP at 0.43 for 16 lots, and I post an analysis few weeks ago. I also sold OCBC at 10.70 for 0.4 lots as I think the current price is not attractive for buyers anymore, so I decided to exit and wait to buy again at lower price. 

I found that recently Comfortdelgro share price is not performing very well and my paper profit all gone in a very short period. I found that the FA is not that bad, but I am quite concerned about the attitude of the management team as I heard bad reviews from people attended AGM. Based on the chart I think the share price might on mid term downtrend for now, and the market is quite pessimistic on its profitability. I worried that the share price might go very low (below 2). I will follow up with its next 2 quarters reports before do anything to my current holdings. I think if the results not very well or even worse than what people expected, I will reduce my shares to around 3% of my total portfolio. 

That's all for my June transaction update.. Wish we all huat in the rest of 2017!