First a short introduction about myself - Currently, I consider myself mainly a value investor with occasional speculations. I will be contributing my thoughts mainly on equity and some forex. My current portfolio consists of only SGX listed equity, the goal is to accumulate and appreciate with minimal supervision. I will also add on to my current holdings when there is a dip in price given that the initial criteria of purchase remains unchanged or until I find a better investment vehicle to replace it with. There will NOT be take-profit points for my portfolio as I do not believe in selling my best performers.
Some of my criterias for stock selection include good dividend yield, high quick ratio, low P/E ratio, stable management, stable shareholders. Below is my current portfolio with my purchase price followed by the MTM (mark to market) price as of 7 Oct 2010.
- China Taisan ($0.14; $0.225)
- K1 Venture ($0.12; $0.16)
- Lee Metal ($0.19; $0.215)
- MapleTree Log Tst ($0.60; $0.875)
- Epicentre ($0.15; $0.28)
- Karin Technology ($0.13; $0.21)
Currently I am considering Teck Wah as recommended by SafetyChaos and FSL Trust. Both of them have yet to reach a level that is attractive to me. Changes to my portfolio should be relatively few compared to RiskyAl as I dislike paying brokerage!!
On a side note: The USD weakness is astounding, AUD/USD is approaching parity. This weakness seems set to continue for a while with some limited ranged rebounds at the resistance areas.
Till next time.
IceCorp
Wah...you created another id just for this? Lol.
ReplyDeleteSeems like your shares are doing good. I like the no profit-taking part.
I didn't realise Afor became EpiCentre...which is great as people can associate with the retail better.
Your portfolio is a good 40++%! That is if you bought your shares across evenly.
I thought about FSL Trust some time ago where they were paying really good dividends but I haven't took another look at them for quite some time...maybe its time...haha
FSL.. I shared link with ice on a blogger (who's a good value investor) diversifying his FSL shares. He posted quite an in depth post on it.
ReplyDeleteHere's the link
http://sgmusicwhiz.blogspot.com/search/label/First%20Ship%20Lease%20Trust
This is wat im normally using. The songbo one is the outdated one. As for the % increase, don't forget I still have dividends.. :)
ReplyDelete