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
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