Monday, 15 September 2014
Last Friday, my portfolio performed very well as compared to the broader market which fell.
The portfolio value went up by 1.10% to RM108,499.85 while the FBM KLCI fell by 0.56%.
Total returns for the portfolio increased from 7.3% to 8.5%.
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 46.3%.
Total profits currently stand at RM 8,499.85.
The portfolio’s major gainers for yesterday were KSL(+8.5%) and IW City(+1.8%).The stocks that lost ground were Camres (-2.9%) and Dutaland (-1.7%).
The following shares were bought last Friday, following the pick up in trading momentum:
UOA Development: 4,700 shares at RM2.12 per share. The company is principally engaged in property development.It is in a net cash position and the stock trades at book value.
Chuan:900 shares at RM0.775 per share. The company is a stockist of iron & steel importer and exporter of structural steel and other construction materials and operates a steel service centre. It also undertakes manufacturing activities involving production of computer diskettes and compatible and remanufactured ink cartridges.
The following shares were sold last Friday:
Paos: 100 units at RM0.73 per share.
Mah Sing-1,900 units at RM2.41 per share.