BD's Road To Financial Freedom

Wednesday, 27 December 2023

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.

Summary For October 2023

Portfolio @ End of Oct23

Even though KLCI inched up 1.3%, October 2023 was not a good month for my portfolio as it lost 2.1%.

Almost all the stocks in my portfolio suffered loss except MFCB who manage to gain 1.8%, while MI & LEESK were unchanged.

Many stock market investors are hoping for a much better second half but at the moment it seems hard to come by.

Year-to-date, KLCI retreated 3.6% while my portfolio still gain 8.7%.

I'd be happy if my portfolio can end the year with >10% gain.

Summary of September 2023

Portfolio @ End of Sep23

In Sep23, Brent oil price went up from USD85 to USD94. As a result, Hibiscus share price soared 18%.

MI also gained a decent 7.5% in the month.

Other than these, other stocks did not change much.

Thanks to the 2 stocks mentioned above, my portfolio manage to gain 1.5% in Sep23, with a YTD gain of 10.9%.

Summary For August 2023

Portfolio @ End of Aug23

It's been a flat month of Aug23. KLCI dropped marginally (-0.5%) while my portfolio gained 0.7%.

Gtronic gained the most at 10.4% while LEESK suffered the most with a 11.6% loss, probably due to its poor quarter result.

I planned to dispose all my Krono warrants on the first day of trading but I just missed the date.

Thus I only manage to sell off at lower price of 15sen on the second day of trading.

I don't have any potential new stocks to invest in at the moment. I'll consider to top up on a few existing stocks in my portfolio.