The estimated holding period return for KLCI in the July-2019 is -1.94% (with dividend included). Holding Period return for my portfolio, is -0.63%. Total holding period return for my portfolio since the inception is 22.55%, annualized to be 2.98%, this underperform KLCI total return of 25.55% (annualized, 3.34%)
Trading Activities
1. Addition of PB Bank (1295)
Good stock fall due to potential escalation of US/China trade war which may force BNM to raise interest rate.
Added in as dividend rate now better than FD
2. Reduce Holding of BJToto (1562)
Stock with good dividends, however price at recent peak with limited upside potential (as government reduce number of special draws). Sell some to place the bet on alternative choices
3. Disposal of Msports (5150)
Time to cut loss, lesson learned? never trust the accounting book of China company audited by Singaporean Auditing Firm. And shame on bursa for unable to protect investor interest
4. Continue addition of Tune Protection (5230)
Trading Activities
1. Addition of PB Bank (1295)
Good stock fall due to potential escalation of US/China trade war which may force BNM to raise interest rate.
Added in as dividend rate now better than FD
2. Reduce Holding of BJToto (1562)
Stock with good dividends, however price at recent peak with limited upside potential (as government reduce number of special draws). Sell some to place the bet on alternative choices
3. Disposal of Msports (5150)
Time to cut loss, lesson learned? never trust the accounting book of China company audited by Singaporean Auditing Firm. And shame on bursa for unable to protect investor interest
4. Continue addition of Tune Protection (5230)
I found this article a good read on why the company's profit fall in the past, which also highlighted rooms where the company can do better in the future. From other perspective, insurance industry will be on continue growing mode, and it will be a steal to acquire Tune Protect at a P/E ratio of less than 11.
5. Addition of Padini(7052)
Company in a apparel industry under good management, and it seldon sell cheap
6. Buying of RCE Capital (9296)
I bought & sold the share before few years back. It seems that since 2016, the company transformed where its revenue, profit and dividend on growing mode since then. Although it dealing with the most riskier sector of loan (consumer credit and personal loan), its target customer base (mainly government servant) provide them enough buffer. i am Testing market by buying at low P/E ratio.
5. Addition of Padini(7052)
Company in a apparel industry under good management, and it seldon sell cheap
6. Buying of RCE Capital (9296)
I bought & sold the share before few years back. It seems that since 2016, the company transformed where its revenue, profit and dividend on growing mode since then. Although it dealing with the most riskier sector of loan (consumer credit and personal loan), its target customer base (mainly government servant) provide them enough buffer. i am Testing market by buying at low P/E ratio.
