Wednesday 1 October 2014

Tong Kooi Ong's Portfolio

On Tuesday, my portfolio increased while the broader market remains unchanged.

The portfolio value went up by 0.22% to RM 109,275.78 while the FBM KLCI is unchanged by 0%.

Total returns for the portfolio increased from 9.0% to 9.3%.

The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 11.7%, and has registered an annualised return of 39.8%.

Total profits currently stand at RM 9,275.78.

The gainers for the portfolio were ES Ceramics (+5.0%) and Prolexus (+3.7%). The stocks that lost ground were Homeritz (-2.1%) and Success (-2.0%).

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

Fibon Berhad (Stock code: 0149): 9,300 shares at RM0.535 per share. The company is principally engaged in formulation of advanced polymer matrix fibre composites manufacturing and sales of electrical insulators electrical enclosures and meter boards. The company has good net margins and cash is 40% of market capitalisation.

Gunung Capital Berhad (Stock code: 7676): 5,300 shares at RM0.94 per share. The company is principally involved in provision of charter services for fleet of land-based passenger transportation assets. It is also involved in developing mini hydro power plants and property development. The company has consistent, strong EBITDA margins of 50% and net margins of about 16%-18%. Also, company is in a net cash position.

There were no shares sold yesterday.


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