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
2)  Alcom: 3,000 shares at RM1.09 sen

7 comments:

  1. look like the commission suck up a lot of your profit...

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  2. Not bad for a 44 days of 5% return. It is still early to annualised it, wait till min 6-9 months.

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  3. It looks like your biggest winner play a important role of your return, what if a heavy sell down-let say limit down of KSL, I don't have any ideas of all the companies here. What is your next move?

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  4. The stock portfolio in the edge personal magazine has total return of 500%+ in 12 years. But it was started at CI index of around 800 pts and mostly are blue chips. What is your opinion in this portfolio?

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  5. Just browse through the balance sheet of few stock in this portfolio. Below are some same pattern.
    1) around 20% float, mostly held by major shareholder.
    2) high short term loan and inventory. P/BV will less attractive after less inventory.

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  7. Most of the stock price are reaching top end 52 week. What is your exit strategy? Or just purely trading play? Don't know how to sell if not column?

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