Friday 12 September 2014

Tong Kooi Ong's Portfolio

My portfolio fell marginally yesterday, along with the broader market.
The portfolio value decreased by 0.45% to RM107,322.42 while the FBM KLCI declined by 0.25%.

Total returns for the portfolio declined from 7.8% to 7.3%.

The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 8.7%, and has registered an annualised return of 40.5%.

Total profits currently stand at RM 7,322.42.

The portfolio’s major gainers for yesterday were Fututech (+8.6%) and YTL E- Solutions (+1.5%). The stocks that lost ground were Hwang (-2.4%) and Mah Sing (-2.0%).

The stocks that I disposed yesterday, Systech, Careplus and Paos, meanwhile, declined by 3%, 3.6% and 3.8% respectively, for the day. 

The following shares were bought yesterday, following the pick-up in trading momentum:

Tasek: 600 shares at RM15.68 per share. The cash-rich cement manufacturer has consistent earnings with a 10% dividend yield.

Fitters: 3,600 shares at RM1.36 per share. The company has its core in fire safety production equipment and services, and has also diversified into property and construction.

FACB Industries: 3,500 shares at RM1.43 per share. The company manufactures bedding products under the Dreamland brand. Its net cash of RM151m exceeds its market capitalisation of RM118 million, and the stock trades at half book.

BHS: 1,700 shares at RM2.92 per share. The company is involved in the printing of publications and has seen increasing turnover with high net profit margins.

The following shares were sold yesterday:

AWC: 22,000 units at RM0.35 per share.
Efficient: 16,000 units at RM0.32 per share.
Systech: 28,500 units at RM0.16 per share. 

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