Oct 2017 Portfolio Update

Back to Italy at the end of October, and I got no internet access at all since then.. (currently sitting in a bar with wifi for me to check what happened these days). I just finished my ACCA F1 textbook and found out that there's no CBE base in Italy at all lol.. have to wait to go back to Singapore to take the exam in January.

Good news is.. when I opened my Investingnote Portfolio few days ago (when I was having coffee in the bar), I realized that STI is performing quite good, and Keong Hong was trading at 2 years high! Even though I sold 25% few weeks earlier, I still get a good capital gain! In fact few weeks earlier I was about to sell around 50% of my Keong Hong stock at 0.515 to lock profit.. Heng ((: I am thinking of sell another 25% to lock more profit..

I also sold all my PNE few weeks ago. I noted that there's a sudden price movement and share price recover quickly from 1 dollar to 1.10+, and I decided to sell all of them to lock my profit. Even though it went up to 1.2 few days later, I think I made a good choice. I couldn't find any news or announcement for this sudden share price movement, so I think this movement should be temporary, so I want to sell away them to lock my profit and increase my cash position.

November reporting season is coming.. I love reporting season so I can know more about the performance of the companies I invested. Especially Comfortdelgro's report... I am quite worried about the long term aspect of Comfortdelgro, as the management team is not that effective to manage the company in a modern environment, but I believe in short term the company's earning should still be relatively stable.. From the monthly chart, I think 1.96 to 2 dollars created a support and the stock price should find bottom there and slowly recover..

At the same time I noted that Design Studio's stock price is now trading at 0.545, where I sold at 0.595 few months ago.. seems like I made a correct choice on that.

Let me summaries my transactions made in October:
1. Sell Keong Hong 15,600 shares at 0.515
2. Sell PNE 5,900 shares at 1.115

STI opened at 3233.95 and close at 3375.97 (I don't think I will be able to access internet tmr so lets make 30 Oct the last trading day to do check my investment performance). STI up 4.825% this month, so let me take a look at my portfolio's monthly performance now.

No.	Stock	No. of Shares	Ave.Price	CurrentPrice	MarketValue	%Portfolio
1	COMFORTDELGRO	3,800	2.53	2.00	7,600.00	6.28%
2	SIA	800	10.70	10.25	8,200.00	6.77%
3	LHT	8,000	0.76	0.67	5,360.00	4.43%
4	PEC	9,500	0.66	0.66	6,270.00	5.18%
6	TAI SIN ELECTRIC	20,000	0.44	0.44	8,800.00	7.27%
7	STRAITS TRADING	20,000	2.52	2.40	48,000.00	39.65%
8	KEONG HONG	38,400	0.47	0.55	21,120.00	17.45%
	CASH				15,707.21	12.98%
	Total	-	-	-	121,057.21	100.00%

My portfolio increased from 116,783.47 to 121,057.21, which is around 3.66% gain. This month my portfolio's return is around 1.2% lower than STI's return.. I believed that it is due to lack of bank stocks in my portfolio. Due to my portfolio's size, it is difficult for me to buy too many counters at the same time, as the trading cost is high, and also I don't have so much time to monitor the market. Also, Straits Trading is not performing very well these days, but I believe it will eventually shine. Next month Tai Sin will pay dividend! Not a big amount but better than nothing! 

I want to create a more diverse Watch List, not only cover STI stocks but also other good counters listed in other countries. I always want to make some investment in China A shares, HK shares, US shares, and perhaps Australia shares. 

Oh yeah, I also finish the book "Investment CheckList", it is a very good book to read and will give you many ideas to improve your investment strategy! I think reading will really develop your investment principles and strategies.. I will start reading Investment Psychology.. 

Hope we all huat and hope STI can reach 3900 before CNY!! Then we will have a super CNY!

Thanks for reading. Cheers

September 17 Portfolio Update

This month I didn't spend anytime on monitoring our market. I just opened my ChartNexus to get the price of my stocks on the last trading day of September and it stated that the last update was on 28 August.

I went to Phuket for vacation in September and currently I am in China.. Quite busy with my ACCA self study so I rarely check my investingnote and facebook.

Let me see how my stocks perform in September against STI.

STI at the end of August was 3277.26, and at the end of September was 3219.91, lower by 57.35 or 1.75%. How about my portfolio?

No.	Stock	No. of Shares	Ave.Price	CurrentPrice	MarketValue	%Portfolio
1	COMFORTDELGRO	3,800	2.53	2.08	7,904.00	6.77%
2	SIA	800	10.7	10.04	8,032.00	6.88%
3	LHT	8,000	0.755	0.63	5,040.00	4.32%
4	PEC	9,500	0.655	0.605	5,747.50	4.92%
5	PNE INDUSTRIES	5,900	1.06	1.02	6,018.00	5.15%
6	TAI SIN ELECTRIC	20,000	0.44	0.435	8,700.00	7.45%
7	STRAITS TRADING	20,000	2.52	2.4	48,000.00	41.10%
8	KEONG HONG	54,000	0.4716	0.485	26,190.00	22.43%
	CASH				1,151.97	0.99%
	Total	-	-	-	116,783.47	100.00%

Thanks to ComfortDelgro, which decreased from 2.29 at the end of August to 2.08 at the end of September, and I just found out that it dropped below 2 dollars a week ago! My portfolio value is 116,783.47 at the end of September, 2,358.53 SGD gone! But I think the result is still acceptable. It is around 1.98% drop, compared with STI 1.75% negative return in September. 

Even though Comfort drops so much, I am not that worried about its future performance. I think the business is still in good shape, and I am more worried about its management team. I shall took profit (at least 50%) during the time after AGM, when so many people complained about the attitude of the management team during AGM. 

In fact, I am more concerned about LHT, which gave a really bad result in August. However, the trading volume is extremely low, so I assumed that major shareholders are still confident in the business. I shall monitor its future report and decide what to do with it. 

Straits Trading accounts for more than 40% of my portfolio, and gave me a negative 1,000 SGD return in September, but I already prepared myself for the paper loss before I spent so much to purchase it. I prepared to see my paper loss crossed 15,000 in the future, as we all know it is hard to predict the market. 

I like to see how Keong Hong's Maldives hotel will enhance the financial performance. I want to experience the hotel service and environment by myself, but due to the price.... haha Maldives is so expensive. But I will add it to my wish list and must visit there in future with my gf!.

Waiting for next reporting period and focus to study my ACCA.. LOL and at the same time continue to run the business together with my gf. Please like our company facebook page COXIVIVIAMO as we are planning to start selling our apparels in Singapore soon! All products are handmade in Italy. (small advertising which save cost lol) 

Thanks for reading. Wish yall huat and happy 中秋節! Time to eat moon cake with family!