March 2018 – Portfolio Updates

The first quarter of 2018 is gone. Like February, I did not touch my portfolio at all. STI this month was crazy volatile, but I did not see much opportunity in my personal opinion. I did monitor some stocks to see if they will drop to the right price, one of them being Singtel which is now in the $3.3x range.

I believe that my patience is getting slightly better ever since facing some downfalls and mistakes since last year. Pain is very unforgettable to me, but such pain is good. I hope it doesn’t fade away too soon. I haven’t bought a stock for 3 months. That is a really long time! I am starting to wonder if my funds are fully utilized.

So some interesting news was announced. Continue reading “March 2018 – Portfolio Updates”

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February 2018 – Portfolio Updates

The stock market has been crazy volatile this month. Oh my goodness. For the first time in 7 months, this will be the first portfolio update of my blog that marks history.

I have to report a negative time-weighted return of -0.87% against STI ETF of 3.56% as of 28th February.

Which technically means that I’ve lost money in the stock market since the beginning of this year!

1. Keong Hong

Despite P/E constantly decreasing ever since their earnings report was released (it is currently at a mere ratio of 2.19), the price continued to decrease just as well. Continue reading “February 2018 – Portfolio Updates”

January 2018 – Portfolio Updates

January brings much news to the market. I’ve read many articles about how everyone is anticipating for a stock market crash, and that a correction would be due soon. Unfortunately for some people (or fortunately for me), I have also read many articles about cryptocurrency, and its crash has been more apparent and realized much earlier than the current bull run that I am experiencing.

My views on cryptocurrency? Continue reading “January 2018 – Portfolio Updates”

2017 Portfolio Updates

Finally! The last day of SGX was yesterday and I have my stats ready from StocksCafe on my portfolio performance. Now, it is my greatest pleasure to announce that my portfolio has beaten the market, but only by a small margin.

If you’ve been following my previous portfolio updates, you would have known that I had reported in my November updates that my time weighted returns were 13.66%. Well that number has increased to 14.56% over the past month. Continue reading “2017 Portfolio Updates”

November 2017 – Portfolio Updates

Since October, the STI ETF has increased 1.85% in performance. Similarly, my time weighted returns have increased by 2.33% to 13.66%, since G3B holds around 25% of my portfolio. I don’t know if it’s because of the bull market, but Keong Hong and Tat Seng Packaging are slowly revealing their intrinsic value, with both stocks rising very much in the past month as compared to Continue reading “November 2017 – Portfolio Updates”

October 2017 – Portfolio Updates

This post is way overdue, but still needed nonetheless. October was a decent month for both BF and my portfolio performances, and I am quite pleased with it, although not complacent. At the end of October, my time-weighted returns have reached 11.33% with an XIRR of 18.09%. Continue reading “October 2017 – Portfolio Updates”

Stocking up on Tat Seng Packaging and its inventory

I am now a tiny “business owner” of carton boxes.

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My new love!

I did not find much information about Tat Seng Packaging on the WWW, except for its most recent annual report released for FY2016. Even its Investor Relations website has only been last updated in 2015. But I wasn’t worried, because their business model is very straight forward and simple to understand – they produce all types of cardboard/corrugated boxes.

I mentioned the three reasons why I bought the company’s shares and I quote it here again. Continue reading “Stocking up on Tat Seng Packaging and its inventory”