In the short time since I posted, I have tried to advance economic and social inclusion. Since July 8, I have only posted my stock portfolio. I invested in these companies solely on the basis that these stocks appear to have price and volume momentum, based purely on a mathematical algorithm developed recently by us. I have stopped writing in this blog and you may now view my portfolio updates in www.theedgemarkets.com. Enjoy!
Tuesday 30 September 2014
Tong Kooi Ong's Portfolio
On Monday, my portfolio increased together with the broader market.
The portfolio value went up by 0.81% to RM 109,031.78 while the FBM KLCI increased by 0.32%.
Total returns for the portfolio increased from 8.2% to 9.0%.
The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 11.5%, and has registered an annualised return of 39.2%.
Total profits currently stand at RM 9,031.78
The gainers for the portfolio were ES Ceramics (+8.1%) and Kim Hin (+7.7%). The stocks that lost ground were Mitrajaya (-1.6%) and SLP (-1.5%).
The following share was bought yesterday, following the pick-up in trading momentum:
Prolexus Berhad (Stock code: 8966): 5,000 shares at RM1.63 per share. The company is principally engaged in apparels manufacturing for OEM apparels retailing (house brands Be Elementz and Bixiz Kids) and outdoor advertising. The company has good fundamentals with stable EBITDA and net margins with a net cash position.
The following shares were sold yesterday,
KPS Consortium Bhd: 4,000 shares at RM0.545 per share.
UOA Development: 4,700 shares at RM2.1 per share.
Leon Fuat Bhd: 8,300 shares at RM0.63 per share.
Monday 29 September 2014
Tong Kooi Ong's Portfolio
Last Friday, my portfolio declined together with the broader market.
The portfolio value went down by 1.05% to RM 108,159.46 while the FBM KLCI decreased by 0.14%.
Total returns for the portfolio decreased from 9.3% to 8.2%.
The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 10.9%, and has registered an annualised return of 36.8%.
Total profits currently stand at RM 8,159.46.
The gainers for the portfolio were LBI Capital (+2.6%) and Leon Fuat (+1.7). The stocks that lost ground were ES Ceramics (-2.6%) and Kim Hin (-2.3%).
There were no stock purchases last Friday.
The following shares were sold last Friday,
Brite-Tech: 16,300 shares at RM0.30 per share.
Sycal: 11,200 shares at RM0.46 per share.
Friday 26 September 2014
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