First Sell Trade – Divested Indofood Agri

It takes conviction to buy a stock, but it takes courage, and some guts to acknowledge your mistake and do what is necessary, even if your heart has to break a little.

I have made the decision to cut my losses, and divested 27,000 shares of Indofood Agri at 25.5 cents each.

This has translated to a 30.9% loss of my initial investment of 37 cents, and in turn became a 6.44% realized loss off our entire portfolio.

I remember blogging about why I bought the stock in the first place, and here are the 3 points to justify my decision then: Continue reading “First Sell Trade – Divested Indofood Agri”

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”

Why I Bought Indofood Agriculture At Its 7 Year Low and 1.6% Dividend Yield

Just a few weeks ago, I have mentioned in my 2017 Updates that I have bought some units of Indofood Agri (5JS) and concentrated about one-fifth of our portfolio. Half of this amount of investment was from me, and BF decided to jump in together with me on the other half.

While we were discussing about our buy, BF asked me about the dividend yield. He uses dividend yield as a gauge to know how much “interest” he is earning from his investment. Continue reading “Why I Bought Indofood Agriculture At Its 7 Year Low and 1.6% Dividend Yield”