Saturday, September 10, 2016

My Investment Record (30) - 31st July 2016 & 31st August 2016

Current Return and performance

For July 2016,
The estimated holding period return for KLCI in the past period (1st July 2016 - 31st July 2016) is 0.25% (with dividend included). Holding Period return for my portfolio, is 1.53%. Total holding period return for my portfolio since the inception is -3.54%, annualized to be -0.92%this is far lagged behind KLCI total return of 14.71% (annualized, 3.57%

For August 2016,
The estimated holding period return for KLCI in the past period (1st August 2016 - 31st August 2016) is 1.79% (with dividend included). Holding Period return for my portfolio, is 6.67%. Total holding period return for my portfolio since the inception is 2.89%, annualized to be 0.71%, this is far lagged behind KLCI total return of 16.77% (annualized, 3.95%

Trading Activities

1. Addition of Symphony Life 1538, the company 960 million unbilled sale will start to contribute to bottom line earning, most likely starting at next financial year. 

2. Addition of MNRB (6459), it remain a tough year for MNRB as its reinsurance business suffer heavy claim and had to made large provision for foreign claim liability. I explain the reasoning in my last post, i bought some at its lowest point (around RM2.45), then the 1st quarter results of the company came out good (with EPS per quarter around 15 sen), then the company quickly rebound to above RM3. I wouldn't say this is a good stock with good management, but given the industry characteristic, with right timing we can bough it undervalued. 

3. Selling of TOMEI (7230). The performance of the company had been disappointing, even though gold price had been recovering to above $1300 level. As i need some cash for other investment, selling non-performance stock will be the only choice. 


Summary of current holding
NoSecurity
1023CIMB
1066RHB CAP
1155Maybank
1295Public Bank
1538Symphony Life
1562BJ Totoe
3069MFCB
3719Panasonic May
5071Coastal
5111TWREIT
5150Msports
5150WAMsports warrant
5159YOCB
5185Affin
5189Maxwell
5189WAMaxwell warrant
6459MNRB
6939Fiamma
7052PADINI


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