My Portfolio Nov24

Summary of November 2024

Portfolio @ End of Nov24

My portfolio's value continue to drop 0.9% in the month of Nov24, mainly due to the drop in the share price of EUPE & TAS.

Good gain in Hiaptek & MI did help to limit the overall loss though.

Year-to-date my portfolio gain has shrunk to 10%, from a 40% gain in Jun24.

Finally I sold all my remaining Gtronic shares at 60sen, which indicates a loss of 35%. I should have sold all at RM1.55 back in Feb24 when I knew about the line up of the new management team.

My initial plan was to sell all of its shares but only when I was about to key in the number of shares I suddenly decided to change to half. 

This decision has resulted in the widening of loss from 10% to 35%.

My Portfolio Oct24

 Summary of October 2024

Portfolio @ End of Oct24

The stock market has not been good to me since July 2024. 

October 2024 continue to be lackluster. My portfolio value shrank 1.8% while KLCI retreated 2.8% in the month.

I decided to add FocusP into my portfolio. Even though it's not very undervalued, I think its downside is rather limited while offering some space of growth in the near future.

I don't have high target price for it. It will be great if it can reach RM1 next year.

My Portfolio Sep24

Summary of September 2024

Portfolio @ End of Sep24

In Sep24 my portfolio stayed flat while KLCI dropped 1.8%.

The major story is the continuous slump in the share price of Gtronic, though it only carries a little weight in my portfolio now.

Hibiscus's share price also suffered and it even dropped below RM1.90 at one point. I was tempted to add more of its share but I kept to my earlier "promise" not to do so.

Though I think Hibiscus is quite undervalued, it is volatile and has too many unpredictable factors that can influence its share price.

I'll just treat it as "mini Petronas" kind of dividend stock.

My Portfolio Aug24

Summary of August 2024

Stock Portfolio @ End of Aug24

Even though KLCI gained a handsome 3.27% in the month of Aug24, my portfolio shrunk by a massive 12%.

All the stocks in my portfolio suffered loss. The worst was Gtronic which dived 32%. It continues to dive in Sep24 after the resignation of its auditor KPMG.

Most of the tech related stocks suffered badly in this month with more than 10% drop. A lot of them has plunged ~30% from their peak this year.

As I was short in cash, I have to sell some stocks.

In hindsight, I should have sold half of my shares in EUPE, LEESK & Fajar earlier. If I did that, I should be able to sit on a good amount of cash and get ready to shop during market correction.

You can't always got it right all the time in stock market. Lessons can be learned and unlearned.