CY09 portfolio

[pianist]

I used to think like you when I am 26. Full of confident, thinking that I have made my first pot of gold from the SARS crisis...until the the day Lehman bros broke the financial market. There are so many stocks I wanted to buy but money is limited. I even sold my fully paid HDB to raise cash to buy stocks.If I can turn back time I will do things differently, this time I will have a cash war chest.
Btw I am only 35 and I made my first M at 31 and I have no degree.

since u dun have a degree, care to share which business/industry are u presently involved with or r u a full-time investor?

[Temperament]

I used to think like you when I am 26. Full of confident, thinking that I have made my first pot of gold from the SARS crisis...until the the day Lehman bros broke the financial market. There are so many stocks I wanted to buy but money is limited. I even sold my fully paid HDB to raise cash to buy stocks.If I can turn back time I will do things differently, this time I will have a cash war chest.
Btw I am only 35 and I made my first M at 31 and I have no degree.

since u dun have a degree, care to share which business/industry are u presently involved with or r u a full-time investor?

Why mention about Degree? Do you think Degree is a prerequisite to make money in the stock markets? Why i only have NTC 2. (Thanks be given to His Grace). For those unbelievers better thank your Lucky Stars if you make money. No! Then thanks yourself lol.

i wonder did WB's say something about "EQ is more important than IQ in investing in the stock market" is a wrong concept or belief?
Shalom.

[smile67]

Fully agree with Weijian. when you hold too much on 1 share, it will affect your judgement unconsciously. If it's wrong, only on hinder sight , then realize the mistake.

Nobody can be 100% sure.

[Life is a game]

As the saying goes. No matter you are white cat or black cat. As long as you can catch mice, you are good cat haha. Salute to the buddies who have made it to the millionaire rank through investing.

[CY09]

Hi, here is a monthly update

Sing Holdings (7.2%)
Penguin (50.3%)
KSH (27.2%)
Fischer (7.1%)
SFIG (8.2%)

[thc]

What is SFIG?

[CY09]

Year end review:

2014 was a good year with investment returns exceeding and bettering that of 2013. However, there were lesson to be gleamed from the mistakes; particularly from the investment in Sing Holdings, a blip in an otherwise good year. It has endeared the importance of seeking a good management who has interest aligned to the minority’s interest. It made me realize the importance of looking at other layers of the company as pointed out by Specuvestor, observing how the “cash” is managed and analyzing factors other than numbers. Moving forward the need to analyze other aspects of an annual report will be heeded as an indicator to determine if an investment is worthwhile. Lastly, I will like to thank Valuebuddies and the market for highlighting/offering so many “gems” in 2013 and 2014 for our picking. The purchase of Valuetronics and G. Invacom at 0.20 levels was a rare opportunity which enabled the achievement of 78% and 60% respective gain within a year.

Moving forward, I expect 2015’s returns to tone done. It will be a full year for me to see if the strategy of a concentrated portfolio will bear dividends. One of the main reasons for my change of strategy is because of the presence of fewer “gems” selling at a margin of safety due to a buoyant equity market.

Finally, my target for 2015 is achieving a $270,000 portfolio (70k away from this target) because I will be 27 next year
Once again, I will like to thank everyone for the guidance and insightful analysis of many companies.

*SFIG is Sino grandness

[CY09]

Added to my holdings TTJ at the price of 0.34, As of 5 Jan 2015, my holdings are:
TTJ (1.0%)
Penguin (49.5%)
KSH (24.9%)
Fischer (6.0%)
SFIG (18.7%)

2014's performance has been eventful coming in at approx 44%. I was lucky SFIG experienced a year end rally which enabled a small but positive Q4 result. Below are the quarterly performance:
Q1: 19.76% (Mainly due to G Invacom, Amtek)
Q2: 17.94% ("" Valuetronics)
Q3: 5.30% ("" GP batteries, hampered by Penguin's hammering)
Q4: 0.87% ( saved by SFIG)

As mentioned, I will be having a more concentrated portfolio in 2015 unlike 2014 where the average was 7-8 stocks. This is because I am aiming for the best 5 ideas and due to lesser stock "gems", however I will continue to stick to P/FCF metric as the main gauge for investments for FY15. I look forward to continuing this success over a decade so that I can say my success is due to skills and not luck.

References:
http://www.fool.sg/2015/01/04/four-signs...ck-picker/

[jjlim84]

S$270,000 is really a respectful amount for a young age of 27 imho, I target to have that much too a portfolio one day
Can kindly share how much did you start with and how long did you take to reach that? Do you trade with leverage?

[dowz]

Great stuff having such a big portfolio amount. I believe most people your age won't have 10 or 20% of your investment.

Do you intend to reach 270k on investment returns or are you adding via savings?