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.

My Portfolio Apr24

 Summary For April 2024

Portfolio @ End of Apr24

April 2024 is a great month for me as my portfolio gained 16.9%, bringing YTD gain to almost 30%.

This is due to EUPE & TAS, the 2 stocks which I invested more heavily into recently. Both of them gained 58% & 35% respectively in Apr24.

Malaysia's stock market seems to be very bullish as I can see many stocks flying up the sky.

KLCI has gained 8.3% in the first 4 months in 2024, which is its best performance since I started tracking KLCI from year 2014.

Anyway, Gtronic's share price continue to slide and lost 15% in the month.

It seems like the "SCIB phenomenon" does not apply to Gtronic.