Portfolio as of 2014
1. MTQ
2. GE3. GW
4. Food Empire
5. WYNMac
6. LKH
7. VICOM
8.ZAGRO
9. Sunningdale
10. ManOr
11. Boustead
Thursday, February 6, 2014
2014 Investment Jan
3. GW
4. Food Empire
5. WYNMac
6. LKH
7. VICOM
8.ZAGRO
9. Sunningdale
10. ManOr
11. Boustead
2013 Investment Update
2013 - I felt I simply could not take it any longer...and after my SIL had an operation successful in July, I submitted my resignation letter for InnoXX ... it was completely unbeneficial for me to stay on where I am wasting my life contributing to something where even my BIL doesn't even care.... 3 years was simply enough ! I was staying on as I felt duty bound as I sold it to my BIL and due to the market slide since 2011 and inactivity from my BIL side , the company did not do well.
I gave him 6 months for a transfer.
I also got a relief when my company finally got someone in to take the other Biz div job.
Investment wise... as BEN (2012 Nov/Dec) committed to easy money and low yield, I was looking at penny stocks and sold off MNST(51.5), NUAN (21) and shifted to Cordlife at 0.55, FE at 0.6, MTQ (1.2) , and some seemingly undervalue like NamLee (0.37) , Vicplas (0.7) and Lantrovision (0.3), Zagro... US Stocks WDC (43) and KLIC and NVDA.
Why I sold MNST (54) becos the PE was still quite high and NUAN (22) its profit its based on writebacks ... when I did my purchase I was aiming it to revolutionise the smartphone industry but overlook its PL statements...I was really not doing much study.
I sold off Cordlife at 0.78 as it reported lower profits...and I suspect the year it IPO was a dragon year which was a boom year for child-giving...unfortunately due to institutional buying it continued up to 1.2 in a matter of 1-2 months.
I also sold of WDC (48) as I felt hard disk stocks was still feeling the effect of a slowdown in PC market...it also boomed to 80 by the end of the year....really suah... NVDA and KLIC also as I did not do much study..
Later on...I sold NDA at a good profit at 32 in May as I wanted to shift some money back to Singapore stocks which have not moved as much.
I bought GE (18.2), DBS (16.3) and later on bought WYMAC (28) and GW (8)... I also disposed of NL (lousy biz), VP (lost major cust) and Lantro + DBS (due to the bond yield increasing & market correction)
Due to good performance in the first half CordLife , NDA, MTQ and later on WYMAC, I ended 2013 with a nice upside of 30%,.... what a difference more time allocated to research makes ! and of cos some luck.
I gave him 6 months for a transfer.
I also got a relief when my company finally got someone in to take the other Biz div job.
Investment wise... as BEN (2012 Nov/Dec) committed to easy money and low yield, I was looking at penny stocks and sold off MNST(51.5), NUAN (21) and shifted to Cordlife at 0.55, FE at 0.6, MTQ (1.2) , and some seemingly undervalue like NamLee (0.37) , Vicplas (0.7) and Lantrovision (0.3), Zagro... US Stocks WDC (43) and KLIC and NVDA.
Why I sold MNST (54) becos the PE was still quite high and NUAN (22) its profit its based on writebacks ... when I did my purchase I was aiming it to revolutionise the smartphone industry but overlook its PL statements...I was really not doing much study.
I sold off Cordlife at 0.78 as it reported lower profits...and I suspect the year it IPO was a dragon year which was a boom year for child-giving...unfortunately due to institutional buying it continued up to 1.2 in a matter of 1-2 months.
I also sold of WDC (48) as I felt hard disk stocks was still feeling the effect of a slowdown in PC market...it also boomed to 80 by the end of the year....really suah... NVDA and KLIC also as I did not do much study..
Later on...I sold NDA at a good profit at 32 in May as I wanted to shift some money back to Singapore stocks which have not moved as much.
I bought GE (18.2), DBS (16.3) and later on bought WYMAC (28) and GW (8)... I also disposed of NL (lousy biz), VP (lost major cust) and Lantro + DBS (due to the bond yield increasing & market correction)
Due to good performance in the first half CordLife , NDA, MTQ and later on WYMAC, I ended 2013 with a nice upside of 30%,.... what a difference more time allocated to research makes ! and of cos some luck.
2011 - 2012 Investment
2011 was a horrid year where I was so busy with InnXX , tying up all the loose ends of my Dad's old business (finding who the accountant was, trying to get a buy-out of the old shareholder (email) , cashing out the dividend from the bank etc) and trying to sell my dad's property.
Was also busy getting a new maid for myself and my dad's side.
I also broke my arm trying to rescue my son from falling down the sofa.
I wasn't paying attention to macro economic data (where the Euro crisis erupted) and not emotionally strong for investment. As such, I sold a lot of good companies away like APB and Visa which went on to double or even triple in 2 short years.
I even shorted at a wrong time. (I thought the Euro crisis will cause a double dip). I have read too many gloomy reports on Italy and Spain record redemption of bonds coming in 2012 that I did not pay attention to the other side of the story, where the ECB unleash record help buying bonds. Further more stocks have already moved downwards more than 10% , what am I thinking....
2011 Investment ended down about 18%.
Was about to sell the house at a fair price in Dec 2011 till the government measure came out that night...really talk about striking lottery...
2012 Finally sold of InnXX in March...and property in May via ....
It was the year where I was entrusted to 2 Business division partner (aka 2 jobs but 1 salary), and my boss gave me another assignment which took up almost all my time.
I was researching for new investment themes in 2012 and was looking at good companies reasonably priced or beaten down companies which have a catalyst coming... so I bought into 3 main companies ...Microsoft at 28 and Nokia at 5+.... AAC at 23+
Microsoft PE was about 10 which was low due to its non-participation in the tablet and smartphone market...but I think things will change due to its dominance in the PC market will help it penetrate the tablet market. Review for its new OS was quite good as well.
Nokia was beaten down from 25+ to 5+ as it lost market share greatly in the smartphone market and its announcement its tie-up with Microsoft. But I think due to its old brand name and manufacturing powess and patents, it was worth much more and will rebound.
AAC was a play on the smartphone.
Unfortunately Nokia went down further when its first launch of smartphones was not well received. Actually I should have saw this coming but persisted as I though it will just be temporarily.... its stock dived when it warned in April and I cut lost at 3.8 ...taking a massive loss.
I diverted to AAC as I believe the smartphone market will continue booming...
I recovered slightly I sold most of it at 27.6....
I then diverted it to Nokia when its shares went into freefall to 1.8 ( it warned that its old phone will not support the new OS)...almost 50% since I sold it as it was almost cash and I felt Microsoft will continue to support it... it had 1B payment for a few years for Microsoft and few hundred millions from Apple paying it for patents.... and its pureview camera technology.
I then sold it mostly at 3.3.
I then diverted them no NDA (24) stex, (PE about 12), Mnst and NUAN.
2012 ended up about 16%... still lagging STI about 20%.
Was also busy getting a new maid for myself and my dad's side.
I also broke my arm trying to rescue my son from falling down the sofa.
I wasn't paying attention to macro economic data (where the Euro crisis erupted) and not emotionally strong for investment. As such, I sold a lot of good companies away like APB and Visa which went on to double or even triple in 2 short years.
I even shorted at a wrong time. (I thought the Euro crisis will cause a double dip). I have read too many gloomy reports on Italy and Spain record redemption of bonds coming in 2012 that I did not pay attention to the other side of the story, where the ECB unleash record help buying bonds. Further more stocks have already moved downwards more than 10% , what am I thinking....
2011 Investment ended down about 18%.
Was about to sell the house at a fair price in Dec 2011 till the government measure came out that night...really talk about striking lottery...
2012 Finally sold of InnXX in March...and property in May via ....
It was the year where I was entrusted to 2 Business division partner (aka 2 jobs but 1 salary), and my boss gave me another assignment which took up almost all my time.
I was researching for new investment themes in 2012 and was looking at good companies reasonably priced or beaten down companies which have a catalyst coming... so I bought into 3 main companies ...Microsoft at 28 and Nokia at 5+.... AAC at 23+
Microsoft PE was about 10 which was low due to its non-participation in the tablet and smartphone market...but I think things will change due to its dominance in the PC market will help it penetrate the tablet market. Review for its new OS was quite good as well.
Nokia was beaten down from 25+ to 5+ as it lost market share greatly in the smartphone market and its announcement its tie-up with Microsoft. But I think due to its old brand name and manufacturing powess and patents, it was worth much more and will rebound.
AAC was a play on the smartphone.
Unfortunately Nokia went down further when its first launch of smartphones was not well received. Actually I should have saw this coming but persisted as I though it will just be temporarily.... its stock dived when it warned in April and I cut lost at 3.8 ...taking a massive loss.
I diverted to AAC as I believe the smartphone market will continue booming...
I recovered slightly I sold most of it at 27.6....
I then diverted it to Nokia when its shares went into freefall to 1.8 ( it warned that its old phone will not support the new OS)...almost 50% since I sold it as it was almost cash and I felt Microsoft will continue to support it... it had 1B payment for a few years for Microsoft and few hundred millions from Apple paying it for patents.... and its pureview camera technology.
I then sold it mostly at 3.3.
I then diverted them no NDA (24) stex, (PE about 12), Mnst and NUAN.
2012 ended up about 16%... still lagging STI about 20%.
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