Showing posts from July, 2017

Mid Year 2017

Stock Portfolio Returns 

Year-to-Date Portfolio Returns:20.7%
STI index excl dividends: 12%

Number of stocks in portfolio: 24

Stock Portfolio Rules

1) Keep number of stocks in portfolio to 20-25 stocks.

2) I can only buy the stock till it is 10% of my portfolio

3) No stock can be larger than 20% of my portfolio. If the stock rises to above 20% of my portfolio, I need to trim my position in the stock.

Thoughts on Portfolio

It is harder to find stocks to buy in Singapore market. I have been sellng more Singapore stocks than buying in the last two months.

Instead, it is easier to find stocks to buy in the HK market. I have been buying HK stocks instead in the last two months.

Some portfolio actions in last two months:
Singapore Stocks
- Sold 1/3 of my Dutech position, in veiw of the poorer than expected 1Q 2017 results. If Dutech dropped by 10%, I may add to my Dutech position

- Sold down 75% of my position in Valutronics before the bonus share issue. The bonus share is 1:10. Is leaning t…