Sunday, July 17, 2016

The Value Portfolio - Recent Actions and Views - Post 9

It has been some time since I did an update on my portfolio (the last one was in April). Over the time, I have already made numerous sale and purchases in the Singapore market.

This should also be the last time I update my portfolio on T.U.B Investing. In future, I will only review my current portfolio during my sharing session. So if you are interested, do come for the sharing session! (But never say never... I may just post another update numerous months later!)

But don't worry, I will continue to review interesting stocks (especially if I am vested) in the Singapore market and post them on T.U.B Investing.

Without further ado, here are the following stocks that are currently in my portfolio:
  1. Accordia Golf Trust (Yes. I have yet to sell despite my last post as it did not reach by target price.)
  2. Suntec Real Estate Inv Trust
  3. Oversea-Chinese Banking Corporation
  4. CH Offshore Ltd
  5. ST Engineering Ltd
  6. LTC Corporation Ltd
  7. OUE Hospitality Trust
  8. Hupsteel Limited
  9. Krisenergy Ltd
  10. Top Global Ltd
Bought Hupsteel Holdings Limited - Spotted it on Valuebuddies and decide to do a review of its financial using the Enhanced Triple S Scorecard. Although its earnings does not have a good indication, but the exceptional strength of its balance sheet and high dividend yield allowed the stock to pass the Enhanced Triple S Scorecard. I didn't review it previously most probably because the price didn't make any drastic change or I didn't want any more steel related company in my portfolio.

Bought OUE Hospitality Trust - After the rights issue, the share price dropped significantly to 52 weeks low price. Thus, it caught my attention and I bought it. The extensive expansion of the airport will have helped to ease the expansion of the hotel. In addition, Victoria Secret having a flagship store at Mandarin Gallery. I will be expecting the dividend to increase in the future.

Bought Krisenergy Ltd - Wanted a company that has a direct linkage to oil price. Will write an article on it.

Bought Top Global Ltd - Another interesting addition. This company is a Singapore Developer and it can also an indonesia "play". Only a post can easily explain this addition.

Sold Sapphire Corporation Limited - Sold after I decided to streamline my strategy and replenish my warchest. This is one of the stock that is bought based on certain growth strategy which defers from my strategy.

Sold DeClout Limited - Another stock sold after my decision to replenish my warchest. The sudden rise in price, due to all the previous analysis report about the spin off of one of its subsidiaries, gave me an opportunity to sell off at a slight gain.

Sold IPC Corporation Ltd - Bought due to its deep value at the point in time. But with its main bulk of business in China, it made me nervous. Therefore, the stock was sold at a 20% gain, but the share price continue to rise after that.

Sold Lafe Corporation Ltd - The aftermath of learning about its management on Valuebuddies and the decision to replenish my warchest made me sold at a loss of 20%.

Sold Vibrant Group Ltd - The divestment is all written over here.

Do read up on all the previous changes in The Value Portfolio here.

If you are thinking of investing in stocks for the long term, do give my initial Triple S Scorecard a try. It's still a good tool!

However, I will only be releasing the Enhanced Version of the Triple S Scorecard for those that attend My Sharing Session with T.U.B. The attendees of the 1st Sharing Session with T.U.B has all received it. If you are interested to attend, do not hesitate to contact me directly.

Oh... and do remember, please like our Facebook page - T.U.B Investing.

4 comments:

  1. Hi, IMO your portfolio list seems pretty long. Although I do not know what is your capital base, are you spreading a little too thin by diversifying too much? Usually when a portfolio gets too diversified, returns tend to be mediocre.

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    1. Hi mslee888,

      Thank you for reading my posts and commenting on them again!

      You pick out 2 correct information here: I, myself, think I have invested in too many different stock and my returns are nothing to shout about.

      Recently, I did a review on my portfolio. Return is about 25+% since 2011. Its not great if you compare to other wiser guru out there.

      But just to clarify - I have 2 stock that I am holding on to less than $300 worth of shares. This is because after the implementation of 1 lot = 100 shares, some of my purchases only hit less than 10 lots, and after failing to sell them off fully, the remaining amount is not worth it to sell anymore as my transaction fee is significant.

      However, I do not think even this justify my long list.

      My main reason for this long list is my investing methods led to stocks that are not blue chips and not very liquid. In certain aspect, I will say a concentration method will not be fully feasible for the way I look at my stocks. (If you want to know more, maybe join my sharing session? Haha...)

      Anyway, regardless, I am glad with my returns - its like what I tell people sometimes - Got gain can liao!

      Regards,
      TUB

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  2. Thanks for sharing your investing philosophy. I have also tried a few approaches and paid tuition fees along the way. I prefer the buy with conviction approach when one has done due diligence.

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    Replies
    1. Hm... I agree. Just to clarify again, its not that I didn't do my due diligence.

      Just that my approach led me to having 23 stocks rather than 15 stocks.

      It just helps me sleep better at night like this.

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