Since our initial coverage 2 weeks ago, our portfolio value has grown 10.2%.
1. MARCO (Initiated buy at 0.165), current price 0.150 (-9.0%)
2. WANG-ZHENG (Initiated buy at 1.10), current price 1.58 (+43.6%)
3. LYSAGHT (Initiated buy at 3.70), current price 3.48 (-5.9%)
4. YOCB (Initiated buy at 1.20), current price 1.30 (+8.3%)
5. JAYCORP (Initiated buy at 1.26), current price 1.38 (+9.5%)
To simplify, an initial investment of RM10,000 since the date of our coverage (1 June 2017) would have reap a return of RM1,018 (+10.2%), assuming an investment of RM2,000 in each of the shares above.
Today, we have reduced our position on our underperforming shares, MARCO and LYSAGHT, to realize our loss of RM298 (Assuming RM2,000 was invested in each of the shares initially) to reinvest RM3,702 equally into to shares below:
Add:
1. KRONO (Current price of RM0.52, Target price of RM0.71 (36.5% upside))
2. ELSOFT (Current price of RM2.46, Target price of RM3.15 (28.0% upside))
Reduce:
1. MARCO (Initiated buy at 0.165), current price 0.150 (-9.0%)
3. LYSAGHT (Initiated buy at 3.70), current price 3.48 (-5.9%)
We reduce our position on the investment thesis that both of these shares have higher Beta and longer horizon, to achieve our return.
By using our Quick Analysis programme, we identify stocks with potential upside of between 20% to 50%
(Disclaimer: This is not a recommendation to buy or sell, all stocks featured are based on professional and judgemental calculations of professional analyst)
http://klse.i3investor.com/blogs/sectionanalyst/126093.jsp
