Overview
The detail of stock I currently hold, which average acquisition price, and current price is shown in following figure.
Current Return and performance
Total Holding Period return , including interest paid on trust fund deposited and dividend paid, is -8.661%. Compare with the return for FBM KLCI for the same period, which is around 1.37% (including average dividend yield of 3.6%). This is not good!
Although the return is unrealized, and as you can see, when stock price fluctuate, the unrealized loss so far staying at range of -6 % . The most important thing, the ability of the company to continue earn more money, have mixed results, where some are getting better, while other are getting worst.
Analysis by sector
China Stocks (red stocks)
M-Sports is still in profitable condition (P/E ratio still below 3), have ample cash position. although the future earning prospect remain uncertain.
Maxwell and Xinquan are both doing well (profit increase in a tough environment).
XDL is ok.
Jewellry stock
Both suffer heavy performance deterioration in latest quarter. Both have increasing cash drain problem. Both P/E still remain low (below 8), but both are no longer attractive investment compared to the past.
Other
YOCB is doing well. RCECAP is getting worst.
