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.
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
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.
Related:
Portfolio of 8 Singapore Stocks - 31 Dec 2015
6 comments:
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...
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.
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.
SMoL,
That's a consolation prize! Outperformed, but still lose money.
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.
Anon2,
I'm sticking it out with Kingsmen. Maybe can explore buying more in due course. I like their dividends.
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