Friday, 29 December 2017

My Portfolio Nov17

Summary for November 2017

Nov-17
Numbers of stocks 12
Share Sold Jaks @1.47, 1.42 (all)
Share Bought Prolexus @1.15


Overall 2017
Portfolio Return Nov17 -0.45%
KLCI Return Nov17 -1.72%
Portfolio Return YTD17 43.26%
KLCI Return YTD17 4.64%


Stock Portfolio @ End of Nov17

Stocks Avg Oct17 Nov17 Div 17 Nov17% Overall%
STOCK X
BJAUTO 1.92 2.04 2.05 5.9 0.5 6.8
COMPLETE 0.765 0.73 0.73
0.0 -4.6
HEVEA 0.775 1.67 1.28 7.70 -23.3 65.2
INARI 0.33 2.81 3.24 9.6 15.3 881.8
KESM 4.42 16.92 19.48 3.0 15.1 340.7
LATITUD 2.09 4.64 4.22
-9.1 101.9
LEONFB 0.505 0.830 0.810 1.5 -2.4 60.4
MATRIX 1.42 2.25 2.20 13.75 -2.2 54.9
MATRIX-WA n/a 0.360 0.335
-6.9 n/a
NOTION 0.40 0.715 0.495 3.25 -30.8 23.8
PRLEXUS 1.15 n/a 1.010
n/a -12.2
SCIENTEX 2.735 8.90 8.60 6.0 -3.4 214.4


In November, I sold all shares of JAKS for just ~20% gain, and added Prolexus to my portfolio. This seems like a bad decision as JAKS's share price has gone up and Prolexus share price has dropped heavily.

I disposed JAKS because I feel that its risk is too much for me to swallow now. Those who watch JAKS closely might know what I mean.

As for Prolexus, I have been watching this stock for around 2 years and have been patient enough not to buy it at higher price. At RM1.15, I thought it's a good time to buy into its double expansion plans.

Anyway, its share price started to drop sharply just a few days after I bought it, because of the deferment of its Vietnam expansion project.

Should I buy more at such "low" price around 90sen? This level seems attractive but may be I should be more careful as the main reason I bought Prolexus has gone. Even though the fabric mill is expected to start operation next year, its excitement is not so much for me compared to capacity expansion.

Besides, the change in capacity expansion plan might indicate softer demand in near term, and the start-up cost and depreciation of its fabric mill might eat into its profit initially.

Nevertheless, PE wise Prolexus is still rather cheap for me. Hopefully World Cup year in 2018 will increase demand for its products.

In this month, Notion and Hevea fell 30% & 23% respectively. Hevea suffered because of huge drop in its profit. My overall portfolio is supported by KESM and INARI which continue to rise thanks to current semiconductor theme.

4 comments:

  1. Hi, bursa brother.

    how are you? may i know your latest share holding?

    ReplyDelete
  2. Play Bazaar manigo ana chana jo joi kano pana honi cha satta king pona pona chadi ja honi pe guna pa huna chila puni ka chala ji hona ki jama up satta king hoye hoye ama ki jana po

    ReplyDelete
  3. satta king up hango jama kio nama ho pani hio ka chali pana hio ji chana pa hio satta King hum cho pana jio kanoma li kopo hono ama ftko ka tila ka milo pila hani jani ko forahuijo liko to tuma hono.

    ReplyDelete
  4. sattaking in maka mio ka jamio hana pio ka mani o raha hio na kio mana hana jo paio na ki tuma hio ma jani ko tak moko satta king buna chahi rani ko bina sata king ka pinalu gona hui cho po

    ReplyDelete