Summary for January 2022
Portfolio @ End of Jan22
The first month of year 2022 was not a good month to the stock market as KLCI dropped 3.5%.
Tech-related stocks led the drop with approximately 20% slash in their share prices.
My portfolio could not escape from the bad sentiment and registered 1.2% loss in the month of January 2022.
The share price of the hopeless Fast Energy fell the most at 26% but it did not affect the overall portfolio much as the value is already very small.
JHM & Gtronic were the worst performers apart from Fast but overall loss was minimized by the 23.9% rise in Hibiscus's share price.
I sold part of my Hibiscus shares earlier at 88sen which was at the wrong timing again.
Besides Hibiscus, I sold all my LeonFB shares at 87.5sen, also shortly before its share price advanced to RM1 level.
I realized a bit of profit from myNews just to hold a bit more cash. All these selling acts were in anticipation of upcoming Omicron wave after Chinese New Year.
