03 October 2016

Portfolio of 8 Singapore Stocks - Oct 2016

It's been over a year since I started a Portfolio of 8 Singapore Stocks on 28 Aug 2015 for fun. How has that theoretical $100,000 portfolio fared after all the gyrations of 2016?

Stock
No. of 
Shares
28 Aug 15
3 Oct 16
Value
OCBC
1,300
$9.280
$8.650
$11,245
Keppel
1,700
$7.200
$5.300
$9,010
M1
4,200
$2.920
$2.440
$10,248
Boustead
14,600
$0.855
$0.815
$11,899
Kingsmen
15,200
$0.820
$0.650
$9,880
VICOM
2,100
$6.000
$5.720
$12,012
HourGlass
17,000
$0.735
$0.650
$11,050
GKGoh
14,900
$0.840
$0.810
$12,740

The portfolio is now $88,084 (dividends not considered) and completely red. It's been a complete wash-out. I guess if I am a fund manager, I'm pretty much out of a job by now.


At the start of the year, I had stretched my neck out with a prediction that the portfolio would be positive by the end of 2016. Looks like I have stuck my neck out a tad? It's been a fairly horrible year. 

With only two months till the end of the year, is there still hope yet?  Perhaps a bridge too far? Time to recall the 1st British Airborne Division from Arnhem. The ghosts of Operation Market-Garden beckons.

Disclaimer: I have not bought such a portfolio on those dates. I am only doing this exploration for fun. But it is true that I do have all these stocks in my holdings and did buy more of some of them during Aug-Sep 2015. And I am certainly not clairvoyant, so I can't predict the future!

Related:
Portfolio of 8 Singapore Stocks - 31 Dec 2015

6 comments:

Singapore Man of Leisure said...

Lizardo,

There's still one cop-out trick used by long only fund managers.

Benchmark this portfolio against our STI.

STI -20%; but if you portfolio is -15%, you can still "brag" you outperformed our STI!

LOL!


I prefer to use absolute returns used by hedge funds. The goal of investing is not break-even one day...


Anonymous said...

Are you the same guys that created multiple blogs? I noticed they similarly fancied Kingsmen, I just can tell what's so good about it.

Anonymous said...

Kingsmen is ok if you have dealt with them and their competitors.
Their service is good and they seem to have a better run organisation and have a better way to retain good staff which is what such organisations run on.
However, agree not doing well now.
The good time to buy them was much earlier when their prices were lower and perhaps, now is also a reasonable time to start buying a bit since it has come down from the last year or so.

Lizardo said...

SMoL,

That's a consolation prize! Outperformed, but still lose money.

Lizardo said...

Anon,

This is my only blog and I am ONE. I'm not in a group of any sort. But Finance.sg which does aggregation has included my blog. Not sure who you've gotten me mixed up with.

Kingsmen looks unattractive in recent months. It's showing impact of being cyclically linked to the wider economy. But Kingsmen seems well run historically, pays out good dividends. It does a lot of work renovating shop fronts and MICE events.

Lizardo said...

Anon2,

I'm sticking it out with Kingsmen. Maybe can explore buying more in due course. I like their dividends.