the holdings has little change during the year, just lowering my position on glove companies and invest some portion of fund into Padini.
AirAsia is the main drag factor to the portfolio, its value had been halved during the year. On the other hand, performances of Hartalega, Pwroot and Takaful were well above my expectation.
Investment return of my portfolio during 2015 was about 21.7% p.a., much better than KLCI.
04 January 2016
26 May 2015
- Revenue and Profit CAGR ~13% during past five years.
- ROAE maintained above 20% for many years.
- high dividend yield.
- net cash position.
x x x
Investment in Padini currently weight ~5% in my portfolio.
Target return rate: 15~20% p.a. (including dividend)
Target holding period: 3 ~ 5years.
21 May 2015
Sold all my holdings on Supermax, Kossan, and part of Hartalega recently.
Glove-companies are still one of my favorite investment. The main reason of selling is to further diversify my portfolio into other businesses. After this sale, the weight of glove-companies in my portfolio has drop from previously ~25% to about 14% now.
08 January 2015
The holdings are exactly same as previous year. There's no selling/buying, or any newly-injected fund during the whole year.
The best performers in the portfolio are AirAsia and CBIP, both had been gaining more than 20% in value. While the share prices of Supermx, Pwroot, AeonCr, PPB and DLady had experienced some fall during the year, I believe that their fundamentals are still good, and may perform better in coming years.
The investment return of my portfolio during 2014 was about 1.3% p.a., slightly better than KLCI's performance.
01 January 2014
Activities during the year:
- new fund: RM 72k.
- stocks sold: all the "value-stocks", XDL, Notion, TSH.
- decrease holdings: PwRoot (sold half of it).
- increase holdings: PPB, AirAsia.
- new investment: LPI, Supermx, CBIP, DLady, Takaful, UoaDev, AeonCr.
While the falling share prices of AirAsia and UoaDev were a bit disappointed, the good performances of PwRoot, PPB, TSH, Takaful and LPI were well above my expectation.
The investment return of my portfolio during 2013 was about 33% p.a., much higher than KLCI's performance.