Monday, 4 July 2022

My Portfolio Jun22


In Jun22, things go from bad to worse as KLCI plummeted 8%.

My portfolio inevitably performed badly as it shrank 10.7% in this month alone, bringing the year-to-date loss to 18.4%.

Currently the world is still overshadowed by inflation with the recession risk looming.

Year-to-date, Nasdaq index already lost 30%, while S&P 500 and DJI retreated 20% & 15% respectively.

It seems like we are already in a small bear market.

KLCI lost "just" 7.9% so far this year. The reason is because it has never really gone up in the past 4-5 years or so.

If we are going to witness a real economy recession soon, KLCI still has much room to fall from current level of 1,450 points.

Tuesday, 21 June 2022

EUPE Joins Belfield & Merdeka 118


Since the euphoria in the second half of 2020, the stock market has not been doing well for the past one and a half year.

It seems like my best investment so far since 2021 is the property I invested in, which is Sunway Belfield. 

Of course it's still too early to make any conclusion to this investment. Anything can happen down the road and it might still be possible to turn into a bad investment.

Tower A & B of Sunway Belfield are almost fully sold. Tower C was launched in November last year and the launching price was more than 15% higher for the smallest unit compared to Tower A.

I'd expect at least 30% appreciation in price once the construction is completed in 2024 or 2025. This is the reason I invested in Sunway Belfield in the first place.

In other words, I bought the smallest unit at around RM750 psf and I hope it can reach RM1000 psf once it's completed.

One thing for sure is, there will be much more supply of residential units in this Belfield or Kampung Attap area in the near future.

Saturday, 4 June 2022

My Portfolio May22


Summary of May 2022

Stock Portfolio @ End of May22

Since reaching its height in Feb22, my stock portfolio value has been gradually shrinking non-stop like a leaking pipe.

May is the worst month to my portfolio so far this year with a loss of 4.2%. The main culprit is the 17% decline of Maybulk while most tech-related stocks also suffered in this month.

Year-to-date loss stands at 9% but it's still better than year 2016 & 2018 which suffered loss of 14.7% and 13.5% respectively at this stage.

There seems to be nothing special happening in May, just the old stories of inflation, US rate hike and Russia-Ukraine war. 

Brent oil price continues its uptrend and it touched USD124/bbl in the last day of May.

From the financial performance of local listed companies, I feel that most of them do not do very well.

For those companies in my portfolio, I think the latest quarterly results of Uchitec, MFCB, Rhonema, JHM, Master and LEESK are good. 

The rest are so-so.

Thursday, 5 May 2022

My Portfolio Apr22


Summary of April 2022

Stock Portfolio @ End of Apr22

The month of April is another lackluster month for my portfolio which lost 2% to bring the overall loss-to-date to 5% this year.

Apart from the retreat of tech-related stocks, the shares of myNews have been heavily sold down 10% as well.

The best performers in Bursa Malaysia are still the plantation stocks which I don't own any of them.

Indonesia's ban on its palm oil export has caught the market by surprise and it certainly helps to push up the CPO price.

Out of the total 14 stocks in my portfolio, 8 of them are suffering from losses now. This doesn't look good indeed.