Investment as at 26 Oct 2013

It has been more than two months since my last posting.

Well, there are quite a number of changes and I would like to update. Unfortunately, I have to unload some stocks before I went to Taipei for a short holiday trip. During that week, all of my stocks that I had closed went higher and I think I have missed out $5K profits if I had held on further till now.

Investment as at 26 Oct 2013

Recently, I have an investment strategy. I'm going to invest $25K and divide them into 5x $5K portions. Select 10 counters and then invest $5K each into 5 counters. Once a counter reaches a 10% profit or so, sell and move to another counter. Of course, I'm reserving another $25K for averaging if one or two counters drop by 20%. I'm evaluating this for one year and will update in this blog to see whether this works. If this works, then I will invest $50K then and put $10K into each counter.

Investment as at 9 Aug 2013

This week is a short week for SGX because of two public holidays. Today is Singapore National Day. Happy Birthday Singapore....

I was busy with my work that I did not have time to take a peek at the stock market. The USD investment is not good as I'm down 6% even thought I have collected some dividends. Hopefully, the stocks' prices will return to my buy level for me to clear off the position.

SGD investment is not doing well either, I'm down 2% and I hope Golden Agri can recover and cross 0.555 mark. Then I will have break-even. I'm preparing to sell Yangzijiang when it is closed to 0.95. I will queue at 0.955 next week.

I'm still monitoring the REITS and planning my entry strategy.

Investment as at 9 Aug 2013

Investment as at 3 Aug 2013

Yesterday, I just sold off my LVS shares. After I had sold, the stock went higher... but nevertheless, I have told myself that I will not regret when I sell the stock.

My thinking is that I want to liquidate as much stocks as possible when they cross my buy price with a little bit of profit. For LVS, I have collected over 200 dollars of dividend and I think it is time for me to sell and move on. I will re-enter LVS when it is below 50 dollars. The probability is very low but I can afford to wait.

The other stock, OIBR, I have made a mistake. I can actually exit with minimum loss but I'm thinking that it can go higher. Now, instead of going up, it is going down and current I'm making a loss. I will keep it until it can cross my buy price again.

I have sold off my SPH Reit also. Since I got it at IPO price (0.90), I'm still making profit after I sold them at 0.99. Anyway, my thinking is that 2 lots are not worth to keep. I'm trying to consolidate my funds and hopefully can enter when the price is more attractive to enter.

I had bought another 10lots of Golden Agri at 0.52 to average down the ones that I have at 0.59. If Golden Agri is able to cross 0.555, I will break even and may choose to sell all holdings at this price.

Investment as at 3 Aug 2013

SPH Reits IPO

I applied for 11 lots for this IPO on Monday 10am. Today, I'm allocated 2 lots. My wife and I applied 21 lots using her account and was unsuccessful. The allocation lots were too small and I will probably keep. If it goes up to $1.10, I will sell.

Investment as at 26 May 2013

It has been a few weeks since my last update. I sold my Olam shares at an average price of 1.898. I have been waiting for the opportunity to clear this counter since the short seller Carson Block made a short position on this counter.

Well, I have waited for about 6 months to clear this. Managed to get back all my capital with a bit of profit. I have kept my Olam bond since my exposure is not much. I think they are giving half of the 6.75% on my 2K bond this July. But I may clear the bond if the price is right.

I cleared my PAY shares too early and did not sell my LVS when it is above 60. I have some hopes for LVS and that is why I did not sell them.

Tomorrow, I may buy some KepCorp, CityDEV or SIA shares if they are still down. Keeping my fingers crossed.

Investment as at 26 May 2013

Sold 100 PAY shares

Sold my 100 PAY shares. I think I sold too early and the stock price went higher yesterday. But I don't look back even if it goes even higher. As long as I don't lose any money, it is ok for me.

Looking ahead, I'm planning to sell my LVS shares after the earning announcement next week. Hopefully, it can cross 57 and move to 60. If it reaches 60, I will sell my shares.

As the saying goes, sell in May and go away. Not sure how true but I'm keeping a watchful eye on this. Keeping some resources for good opportunity to enter.

I will not be updating my investment weekly. I will only update if there are changes in my portfolio.

Yangzijiang will be ex-div on 8 May, giving me 500 dollars. I will keep an eye on this, if it crosses over 1 dollar, I will then decide whether to sell before ex-div. This is because my target is to collect the dividend of 500 dollars. If I can made 500 dollars before ex-div, I will do so.

As for the rest, I see movement for Gold Agr and I hope it can move towards 60 cents. I will be collect 59 dollars next week as dividend. Not much but can pay for the commission fee.

Investment as at 27 Apr 2013

Investment as at 21 Apr 2013

On 17 Apr, I added in 10 lots of China Fishery into my portfolio. I have also wanted to buy CF and I think I have bought CF in the past and made some profits.

I think CF has potential to go higher even if it fails to bid for the Copeinca. The dividend payouts have been quite regular with some fluctuations but then it manages to pay for the past few years. At 41 cents though, it went lower to 39 cents since I bought but still it is quite low for CF. I will keep CF for now and target price is > 50 cents.

Recently, most of my counters are not doing well. This is part and parcel of investing. There are highs and lows, so we don't have to worry too much. As long as the company is still around, the price will be matched and go higher when the market turns around. When I invest, I'm prepared to lose the money. This is life and most people cannot take this and ended up losing more money. When you invest in the company, you are pretty sure that it is a good investment and you don't mind the fluctuation.

Investment as at 21 Apr 2013