Tong Kooi Ong blogs Tong Kooi Ong's Portfolio
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Tong Kooi Ong blogs Tong Kooi Ong's Portfolio
Tong Kooi Ong blogs Tong Kooi Ong's Portfolio |
Business & Markets 2014 | |
Written by Tong Kooi Ong of theedgemalaysia.com | |
Thursday, 28 August 2014 11:25 My portfolio increased slightly despite the fall in the market on 27 Aug 2014. The portfolio value went up by 0.08% to RM105,621 while the FBM KLCI declined by 1.2% yesterday. Total returns for the portfolio rose from 5.6% to 5.7%. The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 6.9%, and has registered an annualised return of 40.9%. Total profits currently stand at RM5,708.00 of which RM950.44 have been realised, RM6,179.50 are unrealised and RM1,421.94 are commission costs incurred. The portfolio’s major gainers for yesterday were CCK(+2.0%) and Oceancash (+4.3%). The stocks that lost ground were Latitud Tree(-2.4%) and Fiamma Holdings(-1.4%). There were no sales or purchases made yesterday.
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Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Tong Kooi Ong blogs Tong Kooi Ong's Portfolio :: Comments
Re: Tong Kooi Ong blogs Tong Kooi Ong's Portfolio
Tong Kooi Ong blogs Tong Kooi Ong's Portfolio MY portfolio declined in line with the fall of the market on Friday, 29 Aug 2014. The portfolio value decreased by 1.12% to RM105,416.63 while the FBM KLCI decreased by 0.51% yesterday. Total returns for the portfolio dropped from 5.4% to 4.2%. The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 5.6%, and has registered an annualised return of 29.2%. Total profits currently stand at RM4,233.22 of which RM485.44 have been realised, RM 5,290 are unrealised and RM1,542.22 are commission costs incurred. The portfolio’s major gainer for yesterday were Zecon(+1.5%) and Symphony Life ( +0.9%)The stocks that lost ground were Ocean Cash(-2.9%) and CCK(-3.5%). I bought the following on Friday: IQGroup: 4,800 units at 1.45 per unit, good earnings as the net profit for the first financial quarter rose 391% and revenue rose 46%. AWC: 22,000 units at 0.315 per unit, as the company has net cash position of 89% of market capitalisation, with price to book of 0.9 times. HIL: 7,300 units at 0.68 per unit, as the company is cash rich and is trading at a lower price to book of 0.67 times. I sold the following, Astino 3,000 units at 0.84 per unit Latitude Tree Holdings 3000 unit at 3.33 per unit.
Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.][/size] |
Tong Kooi Ong blogs Tong Kooi Ong's Portfolio |
Business & Markets 2014 |
Written by Tong Kooi Ong of theedgemalaysia.com |
Wednesday, 03 September 2014 13:42 MY portfolio ended the first trading day of the month with a slightly decreased position as compared to 29th August. The portfolio value declined by 0.05% to RM104,177.22 while the FBM KLCI picked up by 0.08% yesterday. Total returns for the portfolio remained unchanged at 4.2%. The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 5.5%, and has registered an annualised return of 26.8%. Total profits currently stand at RM4,177.22 of which RM485.44 have been realised, RM 5,234.50 are unrealised and RM1,542.22 are commission costs incurred. The portfolio’s major gainer for yesterday were Zecon(+4.0%) and IQ Group ( +6.0%)The stocks that lost ground were KSL Holdings(-3.8%) and CCK(-2.1%). There were no sales or purchases yesterday. [You must be registered and logged in to see this image.] Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.] |
Tong Kooi Ong blogs Tong Kooi Ong's Portfolio |
Business & Markets 2014 |
Written by Tong Kooi Ong of theedgemalaysia.com |
Thursday, 04 September 2014 12:04 MY portfolio lost traction yesterday, in line with the drop in the broader market. The portfolio value declined by 0.3% to RM103,862.72 while the FBM KLCI fell by 0.2%. Total returns for the portfolio decreased from 4.2% to 3.9%. The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 5.3%, and has registered an annualised return of 24.3%. Total profits currently stand at RM3,791.73 The portfolio’s major gainers for yesterday were IQGroup (+1.9%) and AWC (+1.6%).The stocks that lost ground were SHL Corp (-1.0%) and Zecon (-1.0%). The following shares were purchased yesterday: Paos Holdings: 5,100 shares at RM0.78 per share. The company manufactures and trades in soap and specialty fats products. The stock has seen an increase in trading momentum. Chuan Huat Resources: 6,500 shares at RM0.615 per share. The company trades in steel and building materials products. The stock is trading at 0.5 times book and a trailing price to earnings multiple of 10 times. Tong Herr Resources: 2,200 shares at RM 2.21 per share. The company manufactures stainless steel fasteners, with steady earnings and low gearing. The stock is trading at 0.8 times book. I sold the following shares yesterday, CCK Consolidated: 6,000 shares at RM0.935 per share. OceanCash: 15,000 shares at RM0.32 per share. [You must be registered and logged in to see this image.] Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.] |
Tong Kooi Ong blogs Tong Kooi Ong's Portfolio |
Business & Markets 2014 |
Written by Tong Kooi Ong of theedgemalaysia.com |
Wednesday, 10 September 2014 17:41 MY portfolio declined yesterday, while the broader market gained momentum. The portfolio value decreased by 0.32% to RM109,063.94 while the FBM KLCI increased by 0.16%. Total returns for the portfolio went down from 9.4 to 9.1%. The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 10%, and has registered an annualised return of 51.7%. Total profits currently stand at RM 9,063.94. The portfolio’s major gainers for yesterday were AWC (+4.3%) and KSL(+0.7%).The stocks that lost ground were IW City (-4.5%), Taliworks (-3.6%) and Fiamma (-3.6%). The following share was bought yesterday, following the pick up in trading momentum: Fututech: 4,200 shares at RM1.17 per share. The company is principally involved in building construction project management interior fit-out business (including kitchen cabinetry and lighting solutions) and miscellaneous construction related services for the premium residential property segment. As of its Q2 results, the net cash position is 30% of the total assets. The company trades at price to book and has a price earnings multiple of 8 times. Hwang: 2,500 shares at RM1.98 per share. The company is In the process of restructuring following the disposal of investment and asset management businesses. Redtone: 6,000 shares at RM0.825 per share. It is an MSC-status company that provides data and broadband services to corporate/SME/government sector,which also heps to manage and build Wi-Fi networks. The following shares were sold yesterday: GBH: 2,000 units at RM2.44 per share. IQGroup-4,800 units at RM1.88 per share. SHL Corp-1,300 units at RM3.09 per share. Symphony Life-5,000 units at RM1.18 per share. Tongher-2,200 units at RM2.37 per share. [You must be registered and logged in to see this image.] Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.] |
Tong Kooi Ong blogs Tong Kooi Ong's Portfolio |
Business & Markets 2014 | |
Written by Tong Kooi Ong of theedgemalaysia.com | |
Friday, 12 September 2014 17:03 MY portfolio fell marginally yesterday, along with the broader market. The portfolio value decreased by 0.45% to RM107,322.42 while the FBM KLCI declined by 0.25%. Total returns for the portfolio declined from 7.8% to 7.3%. The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 8.7%, and has registered an annualised return of 40.5%. Total profits currently stand at RM 7,322.42. The portfolio’s major gainers for yesterday were Fututech (+8.6%) and YTL E- Solutions (+1.5%). The stocks that lost ground were Hwang (-2.4%) and Mah Sing (-2.0%). The stocks that I disposed yesterday, Systech, Careplus and Paos, meanwhile, declined by 3%, 3.6% and 3.8% respectively, for the day. The following shares were bought yesterday, following the pick-up in trading momentum: Tasek: 600 shares at RM15.68 per share. The cash-rich cement manufacturer has consistent earnings with a 10% dividend yield. Fitters: 3,600 shares at RM1.36 per share. The company has its core in fire safety production equipment and services, and has also diversified into property and construction. FACB Industries: 3,500 shares at RM1.43 per share. The company manufactures bedding products under the Dreamland brand. Its net cash of RM151m exceeds its market capitalisation of RM118 million, and the stock trades at half book. BHS: 1,700 shares at RM2.92 per share. The company is involved in the printing of publications and has seen increasing turnover with high net profit margins. The following shares were sold yesterday: AWC: 22,000 units at RM0.35 per share. Efficient: 16,000 units at RM0.32 per share. Systech: 28,500 units at RM0.16 per share.
Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.][/size] |
Tong Kooi Ong blogs Tong Kooi Ong's Portfolio |
The portfolio value went down by 1.05% to RM 108,159.46 while the FBM KLCI decreased by 0.14%.
Total returns for the portfolio decreased from 9.3% to 8.2%.
The portfolio started on 8 July 2014 with a capital of RM100,000. Since then, it has outperformed the FBM KLCI by 10.9%, and has registered an annualised return of 36.8%.
Total profits currently stand at RM 8,159.46.
The gainers for the portfolio were LBI Capital (+2.6%) and Leon Fuat (+1.7). The stocks that lost ground were ES Ceramics (-2.6%) and Kim Hin (-2.3%).
There were no stock purchases last Friday.
The following shares were sold last Friday,
Brite-Tech: 16,300 shares at RM0.30 per share.
Sycal: 11,200 shares at RM0.46 per share.
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Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.]
Business & Markets 2014 |
Written by Tong Kooi Ong of theedgemalaysia.com |
Monday, 29 September 2014 20:09 |
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