My Portfolio Apr26

 Summary of April 2026

Portfolio @ End of Apr26

Although US/Israel & Iran agreed to ceasefire and negotiate since 8 Apr26, both parties try to take control of the Strait of Hormuz.

Traffic through the strait remains much disrupted, causing the crude oil price to stay high.

The Brent crude oil price once fell below USD90/barrel but rebounded to USD120/barrel. Currently it is hovering around the USD110 mark.

UAE announced that it will quit OPEC starting May26, and will increase its daily production without OPEC's restriction.

UAE is the 4th largest oil producer among OPEC+ countries. The increasing supply can only be felt after the Strait of Hormuz is fully opened though.

In hindsight, it seems like the panic sell caused the Iran war in March was a golden opportunity to buy in the stock market.

The S&P 500 and Nasdaq indices both broke new high in Apr26, and many tech related stocks in Malaysia stock market flew to the sky.

Most of these tech stocks took off in mid Apr26 and made 30-50% gain in 2 weeks.

In the US, Intel and AMD gained 100% & 80% respectively in a month due to the CPU play, while Sandisk breached past USD1,000 per share to USD1,200 now.

Optimism on the AI theme is back.

To me, the Iran war is not finished yet and the crude oil price remains elevated. Who knows bombing will return in the near future.

Kobay made a marvelous 52.5% gain in Apr26, better than most other tech related stocks JHM, MI, MMSV in my portfolio which gained 20-30% in the same period of time.

I regretted not averaging down on Kobay when its share price dropped below RM1.50, which I initially planned to do.

I am trying to keep more cash and inevitably turn more conservative during this time full of uncertainties.

Is Kobay going to announce a superb FY26Q3 report soon?

Teoseng's share price has been dropping since I started to invest in it in Feb26.

It seems like it's because of the significant drop in chicken egg price due to oversupply and lower demand related to the Ramadan month.

The corn & soybean price also edged up a bit by 10-15% since the start of year 2026, but the good news is that MYR stays relatively strong against the USD at around RM4.00.

Anyway, Teoseng is one of the stocks I plan to add more shares, along with AAX.

Hibiscus's share price has gained 40% since the Iran war, and I'm contemplating selling all its shares.

My initial plan is to hold Hibiscus for really long long time to enjoy its increasing dividends.

However, the market always give Hibiscus shares low valuation and its share price might fall sharply following the fall in crude oil price in the future.

EUPE's FY26Q4 result was poorer YoY & QoQ as expected, due to lack of new property launches and completed projects.

The management did not mention anything about its future launch of Circadia Belfield and Edgewater in the prospect, which is a shame to me.

EUPE used to be my largest holding but I failed to sell a single share when its share price almost doubled. 

I've been waiting for so long for the launch of Circadia Belfield, why not wait for a little bit longer?

Anyway, the 118 Mall is set to open its door in August this year. Hopefully EUPE can benefit from this latest development within the Merdeka 118 precinct.

Overall, April 2026 was a good month to many stock market investors. 

My portfolio gained 8.4% in the month, returning my YTD gain to 9.9%. It's definitely a V-shaped recovery.

At the beginning of this year, I guess that the US stock market might not be doing so well compared to the past 3 years when the S&P 500 rose 24%, 23% & 16%.

Year-to-date, the S&P has gained around 5-6%, looking on course to another positive year.

Nevertheless, we still haven't step into the second half of the year and anything can happen.

As I don't have a lot of spare cash to throw into the stock market anymore, I think I'd better be more cautious and not to get carried away by the stock euphoria.