My Portfolio Jan24

Summary of January 2024

Portfolio @ End of Jan24

Jan 2024 is a special month for stock market in Malaysia. A few stocks crashed heavily with multiple limit downs which was unheard of before.

Those stocks include Rapid, YNHProp, Imaspro, SCIB, MERSEC, JSB, ARTRONIQ, APB, SRIDGE, Tanco etc with various degree of severity.

I'm quite familiar with SCIB, it is the stock that I gained the most in value so far.

After the fall of Serba Dinamik, I thought SCIB would face the same fate but it could escape by "terminating" all those questionable contracts.

Last year I did notice that SCIB's share price somehow increased steadily despite making losses. Its share price rose 10x from RM0.12 to RM1.20 in 8 months time. 

Of course I was very surprise but I didn't expect it to fall so rapidly back to below 30sen in just 3 free trading days.

My Stock Investment Journey: 2013-2023

 

I'm not that young anymore.

I bought my first shares in the stock market back in mid 2006, not long after I started working.

So officially I've been in the stock market for almost 18 years. This sounds like I must be a very experienced investor, isn't it?

Even though I'm in and out of the stock market during this period of time, I think I have gained some experience but not so much compared to what I'd have hoped for.

In my early days of blogging, there was one blogger who just graduated from university and stepped into the stock market as a rookie.

After years of cultivation and perseverance, now he has become a successful and respectable investor & entrepreneur, with immense knowledge and experience in the stock market.

I may have started in front of him but I'm just languishing behind him by many streets now...

My Portfolio Dec23

Summary For December 2023

 

Portfolio @ End of Dec23

With a 2.3% gain in the month of Dec23, my portfolio successfully closed year 2023 with a double digit gain of 12.3%.

I think this gain is just average, as I can see many stocks making very good progress towards the end of year 2023, even though KLCI fell for the third year in a row.

Anyway, I'm satisfied with this result since I don't put in a lot of time and effort in the stock market throughout the year.

If you want to be more successful, you have to work hard to earn it...

My Portfolio Nov23

 Summary For November 2023

Portfolio @ End of Nov23

In November 2023, my portfolio value inched up 0.8%. YTD gain is still below 10%.

Gtronic's share price moved up the most by 12.6% in the month, and now we know why.

Gtronic's founder will dispose his entire 10.4% shares to APB Resources Bhd at a price of RM2.00 per share.

To me, this is not an exciting news as it's not good to see any founder exiting his own company.

Furthermore, the buyer APB seems to be in oil & gas fabrication industry and I'm not sure whether it can bring growth to Gtronic.