stock sold recently: Kimhin and Sbagan.

These two were selected into my value-stock portfolio in 2008... now need to be sold because they already hit the 4-yr holding limit that I had set for this value-stock investment strategy.

 x x x

Transaction records for Kimhin:

• Aug-2008: bought 1000 unit at RM1.15,
• Jul-2009: dividend, 5sen per share T.E.,
• Jul-2010: dividend, 5sen per share T.E., 
• Jul-2011: dividend, 5sen per share T.E.,
• Jul-2012: dividend, 5sen per share T.E.,
• Oct-2012: sold at RM1.24.

average return rate during this period is ~5% p.a., a very poor performance compared to others member in this portfolio.

 x x x

Transaction records for Sbagan:

• Oct-2008: bought 500 unit at RM2.40,
• Dec-2008: dividend, 2sen per share less tax,
• Dec-2009: dividend, 2sen per share less tax, 
• Dec-2010: dividend, 2sen per share less tax, 
• Apr-2011: dividend, 1sen per share less tax,
• Dec-2011: dividend, 3.5sen per share less tax,
• Oct-2012: sold at RM2.94.

average return rate also stood at ~5% p.a.

.

K-Star Sports Limited.

a new member in my value-stocks portfolio, bought 10,000 units at 18sen.

K-Star is a manufacturer of sport shoes. According to the Jun-2012 quarter-report, its net-working-capital per share was RM0.69. That means i'm buying the share with 70% discount from its NWC. And each share comprise of 38sen of cash.

The company was listed since 2010, but only started to distribute its first dividend this year(2012). However, if the dividend (1.6sen per share) can be maintained in coming years, its DY alone is quite attractive for investment.