Wednesday 12 February 2014

83% gains

My friend, a 59 years old investor, has the following shares in this portfolio. The first purchase was on 4.9.2013 when the fund was made available to him. He did confided to me that he did not blinker his eyes when making all these purchases since the fund is easy money loaned to him.

 

The table below is the detailed transacted made on a particular day.





The table below is just a summary which was posted in 2.12.2013.


Company
units
Price on 4/9/13
Price on 27/9/13
Price on 11/10/13
Price on 31/10/13
Price on 11/11/13
Price on 20/11/13
Price Review on 10.2.2014
Diff. +/- since 4/9/13
DSonic
50,000
3.33
4.42
-
6.25
-
8.43
12.35*
+9.02
OCK
125,000
0.62
0.685
0.70
-
0.81
-
0.765
+0.145
Presbhd
65,000
1.91
-
-
-
-
2.50
2.99
+1.08



What more need to say. Well done my old friend.

 

We have a good talk two night ago and we agreed that one only needs to get it right with just one or two stocks to make good returns. After you have done the necessary research on the stock and if it hit all the criteria, do not hesitate to go in big. However, be prepared to hold it out for 3 months, or 6 months, or even 1 year. The case in point is Presbhd. I have held Presbhd since 2012 at the price of RM0.80 or there about. On another note, if you have diversified portfolio, this is one of the stock you should have as your core investment stock.

 

As for OCK, one just need to have faith in it. Nothing will come easy but you will be surprised how 2014 will turn out for OCK. SCable will be the next stock to watch in 2014.

 

Some will noticed that my stock pick is quite limited. I seldom invest in more than 5 stocks at any one time since I am not in the business to speculate stock for short term gains. Value investing is my guiding principle.

 

By the way, never forget DSonic this year too. RM2.60 expensive? Think again. Throw the PE number away so that it won't cloud your innovative judgement.


Good luck.



1 comment:

  1. What's DSonic economic moat?
    Is it not expensive at RM2.60?
    What's your valuation on the company?

    ReplyDelete