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.

My Portfolio Jul24

Summary of July 2024

 

Portfolio @ End of Jul24

July 2024 was a bad month as my portfolio shrank by 5%, even though KLCI advanced 2.2%.

I think most of the small & mid cap stocks do not perform well despite the bullish KLCI.

August is even worse and it almost wiped out my paper gain this year!

I didn't make any sell transaction in June and July. The timing of selling seems to be my weakness as always. 

I didn't sell EUPE, Fajar & LEESK when they were riding high, and didn't sell enough shares of TAS either.

I don't know whether they will ever revisit their previous high...

My Portfolio Jun24

Summary For June 24

Portfolio @ End of Jun24

Jun24 doesn't feel like a good month to me and I thought my portfolio will register loss in the month before I did my monthly calculation.

Surprisingly it still manage to gain 3.5%.

This is because the good run in the first half of Jun24 was not totally undone by the bad second half.

Anyway, KLCI still lost 0.4%.

Overall, my YTD gain inched up to 39%.