Thursday 2 October 2014

Tong Kooi Ong's Portfolio

On Wednesday, my portfolio decreased together with the broader market.

The portfolio value went down by 1.2% to RM 107,960.31 while the FBM KLCI is declined by 0.05%.

Total returns for the portfolio decreased from 9.3% to 8.0%.

The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 10.5%, and has registered an annualised return of 33.8%.

Total profits currently stand at RM 7,960.31.

The gainers for the portfolio were Elsoft (+3.0%) and Fibon (+2.8%). The stocks that lost ground were ES Ceramics (-7.1%), Homeritz (-2.7%) and Gunung Capital (-2.7%)

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

Willowglen MSC Berhad (Stock code: 0008): 5,700 shares at RM0.875 per share. The company provides remote terminal units and software that provides telemetry real-time motion video images and integration of various business systems. The company is in a net cash position with a decent return on equity.

Crescendo Corporation Berhad (Stock code: 6718): 5,100 shares at RM2.89 per share. The company is principally engaged in property development and related construction activities. The company has consistent, has increasing turnover with good EBITDA and net margins.

The following shares were sold yesterday:

SLP Bhd: 7,600 shares at RM0.645 per share.

LBI Capital Bhd: 3,000 shares at RM1.53 per share.

Mitrajaya Bhd: 5,100 shares at RM0.94 per share.

Fitters Bhd: 3,600 shares at RM1.33 per share.

KimHin Industries Bhd: 2,000 shares at RM1.76 per share.


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