To date, some good profit for 2014, main things happen on my profile are Disposing some of the key stock like Fitters to Feb 2014 after shot up ~17% and SWAP to UMWOG and TITIJAYA.
Some lesson learn here, for UMWOG and TITIJAYA, they are IPO when i brought it and seems like it had been disposed too early. currently both are running at $4.22 and $2.49 each any my previous enter and exit price are $3.16/$3.87 for UMWOG and $1.49/$1.79 for TITIJAYA. this had translate to about 10% and 48% less profit if i hold until today. the lesson learn is don't simply let go some potential counter, but how i know will it continue to go up or will drop back to my buying price? Recently, i found to known an investment book and the trick is: "cut loss don't cut gain", on the upcoming counter, my cut loss point was set at 2 level, which is -3% and -10%, why there are two standard? well, it is depends on which counter i invested and the potential of the counter. And how i decided to start taking profit? i will based on 2-3 weeks price vs Vol movement to decide, which mean whenever the counter is having hard time to move up and the vol continue to see low, also not expect any new catalyst from market, then i will start to sell in stage. this will be my investment strategy for the 2nd half of the year ! yeah!
Next is the item in red which is RSAWIT, ICAP, and IGBREIT. this 3 is really a fail for me in year 2014, it is purely follow wind kind of buying, although the capital that i put inside was not as huge as others, but it is a loss!
I’m buying RSAWIT in the early of the year when we are
talking about the kelapa sawit price will be the theme for 2014. why RSAWIT and
not THPlant, CEPAT and others? Well, i just simply chose one and bot in just to
hope to catch up the 投机 (for me). so this is the result, when i found another good
counter, i have no enough capital to invest but to cut loss on 投机股.. 悲剧啊..even
look at today, RSAWIT are just not performing, i believe it is mainly due to
the young trees on this company that is not making the good profit on it as
compare to other plantation counter, maybe this is not her year, but who knows
what will happen in few years later?
ICAP and IGBREIT is a good counter, but again, i'm
selling it to SWAP to other counter and the enter price for ICAP is a bit
higher even that she is priced below her NTA for an investment company. This counter
that applied 价值投资
on her invested target; ideally, this is an investment company that is
using the same investment style like Berkshire Hathaway. but
the different is the share price is always below its NTA -40%, and she do not
give any dividend until 2014, i think the CEO cannot tahan already but to give
the very first dividend to share holder else he will start to loss the main
pool of investor, dude 50% in 5 years! how many investor in Malaysia can hold
for so long just for 50% and without dividend??!! In summary, this is a good
counter but not serves the needs of Asian market, face the reality man, we are
only human! hahaha.
ICAP (2009 - 2014)
IGBREIT, again, i have not holding power...... it is now at
$1.22, with ~4% gain from my enter price if i hold it until now. This is a good
example of investing with not having a clear investment strategy. at today’s
market, it kind of like the 3rd phase of bull market and i should be
targeting some under value stock to catch up the last train before the bull
market is here, IGBREIT definitely not in the list as this is more
towards conservative investment, so once i realize that IGBREIT
is not my cup of tea, I’m cutting it directly and pay a $50 study fee...
damn! it is equal to a set of sushi!
Next, I’m going to talk about IOIPG and SUNWAY, also
talk about my latest holding including SG stock... :)
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