I was reviewing a past musing I made in 2011 (Pattern of Behaviour) of several interesting companies that I was invested in and monitoring.
Since then, Adampak, Cerebos, Hsu Fu Chi, Kian Ann all went through one form of general offer or another, and have since delisted from SGX. Guess my bets were on the righthorses. The original buys centered around these stocks that paid good and steady dividends. In some cases, they had low Price-to-Earnings (PE < 15) and/or low Price-to-Book (P/B < 1.0) ratios.
More recently, I divested Innotek. Seems like a dead horse. But I may well have divested at its trough (pun).
Of the rest, most are still struggling at the fringe, especially M1, CSE Global, SingPost and Sing Inv & Fin. SingPost in particular faces the challenge of diversifying itself from being overly dependent on a gradually declining domestic market. Consequently, it has been taking on an aggressive M&A track. However, these have yet to pan out. It's all about execution. For the rest, I remain optimistic for the longer term.
Of the balance, Teckwah and Zagro Asia have been doing well.
In nett therefore, out of 12 stocks, 4 exited profitably, 1 exited at a loss, holding 4 that are performing neutral, and holding 2 that are doing well - i.e. 6 wins, 4 draws, 1 loss. Not too bad.