Wednesday 17 September 2014

Tong Kooi Ong's Portfolio

On Monday, my portfolio fell as the broader market declined.

The portfolio value went down by 1.49% to RM106,878.93 while the FBM KLCI fell by  0.45%.

Total returns for the portfolio declined from 8.5% to 6.9%.

The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 9.3%, and has registered an annualised return of 35.9%.

Total profits currently stand at RM 6,878.93.

There were no major gainers for the portfolio on Monday. The stocks that lost considerable ground were Camres (-6.1%) and BHS (-1.7%).

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

Brite-Tech Bhd (Stock code: 0011): 16,300 shares at RM0.305 per share. The company is an integrated water purification and wastewater treatment solutions provider. It is in net cash position with a healthy revenue and profit track record. Stock trades at 1.5 times book and with a price to earnings multiple of 15 times.

Leon Fuat Bhd (Stock code: 5232):8,300 shares at RM0.605 per share.The company has consistently stable net margins. Stock has an attractive dividend yield of 5.2%, trades at 6 times price to earnings multiple with a low price to book of 0.8 times.

K.Seng Seng Corp Bhd (Stock code: 5192): 10,800 shares at 0.645 per share. The company is principally involved in manufacturing and processing of secondary stainless steel products such as welded stainless steel tubes and pipes stainless steel industrial fasteners.

The following shares were sold on Monday:

Facbind: 3,500 units at RM1.41 per share.
Dutaland-6,500 units at RM0.595 per share.
Hwang: 2,500units at RM1.96 per share.
Fututech: 4,200 units at RM1.20 per share.
Taliworks: 5,200 units at RM1.80 per share. 


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