Thursday, 21 August 2014
Tong Kooi Ong's Portfolio
After outperforming strongly in the last few days, my portfolio fell yesterday as smaller cap stocks succumbed to a broad market sell-off in the afternoon session.
The total portfolio value declined 3% yesterday to RM105,607, although the FBM KLCI rose 0.4%, helped by support in selected large cap stocks.
Total returns declined from 8.9% to 5.6%.
My portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 4.9%, and has registered an annualised return of 46.5%.
Total profits currently stand at RM5,607, of which RM2,020 have been realised , RM4,860 are unrealised and RM1,273 are commission costs incurred to date.
The portfolio’s biggest loser yesterday was Marco Holdings, which ended 10.6% lower at 21 sen. I have part trimmed some shares yesterday at 21.5 sen, with a realised 13.2% gain.
The other major losers were Pan Malaysian Corp (down 7.3%) and A-Rank (down 5%). The main gainers yesterday were Takaso (+1.4%) and Fiamma (+1.3%).
Yesterday, I bought the following shares:
1) CCK Consolidated: 6,000 shares at RM1.05
And I sold the following shares:
1) Marco : 20,000 shares at 21.5 sen