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