My investment record (44) September - November 2019

The estimated holding period return for KLCI in the  Sep-2019 is -1.45%  (with dividend included). Holding Period return for my portfolio is -1.04%. Total holding period return for my portfolio since the inception is 18.5%, annualized to be 2.42%, this underperform KLCI total return of 22.4% (annualized, 2.89%) 

The estimated holding period return for KLCI in the  Oct-2019 is 1.20%  (with dividend included). Holding Period return for my portfolio is 2.76%. Total holding period return for my portfolio since the inception is 21.7%, annualized to be 2.78%, this underperform KLCI total return of 23.8% (annualized, 3.03%) 

The estimated holding period return for KLCI in the Nov-2019 is -1.96%  (with dividend included). Holding Period return for my portfolio is -2.74%. Total holding period return for my portfolio since the inception is 18.4%, annualized to be 2.35%, this underperform KLCI total return of 21.4% (annualized, 2.71%) 

Trading Activities
1. Disposal of CIMB (1023)

Its Q2 result is disappointing while I am optimizing my portfolio, thus sell. 

2. Addition of HLFG (1082)

3. Addition of Public Bank (1295)

To sum it up, with dividends closer to FD and P/E ratio less than 10 for HLFG and around 14 for PB Bank, these are a better bet than FD in the long run. 

4. Disposal of MFCB (3069)

With their Don Sahong Hydropower Project near completion, this is one of the good cash cows to hold, however, looking from growth perspective their growth is fairly limited compared to other stocks. Hence the disposal to optimize my portfolio

5. Addition of Takaful (6139)

Insurance company operating in a market (Takaful) with a higher potential to grow than the general insurance market.  And the current valuation (forward PE) is still around 12. Grab it while you can

6. Addition of RCE-CAP (9296)

Good dividend, low P/E ratio (around 6) and steady business (consumer loan targeting government servant).