Summary for November 2017
| Nov-17 | |
| Numbers of stocks | 12 |
| Share Sold | Jaks @1.47, 1.42 (all) |
| Share Bought | Prolexus @1.15 |
| Overall 2017 | |
| Portfolio Return Nov17 | -0.45% |
| KLCI Return Nov17 | -1.72% |
| Portfolio Return YTD17 | 43.26% |
| KLCI Return YTD17 | 4.64% |
Stock Portfolio @ End of Nov17
| Stocks | Avg | Oct17 | Nov17 | Div 17 | Nov17% | Overall% |
| STOCK X | ||||||
| BJAUTO | 1.92 | 2.04 | 2.05 | 5.9 | 0.5 | 6.8 |
| COMPLETE | 0.765 | 0.73 | 0.73 | 0.0 | -4.6 | |
| HEVEA | 0.775 | 1.67 | 1.28 | 7.70 | -23.3 | 65.2 |
| INARI | 0.33 | 2.81 | 3.24 | 9.6 | 15.3 | 881.8 |
| KESM | 4.42 | 16.92 | 19.48 | 3.0 | 15.1 | 340.7 |
| LATITUD | 2.09 | 4.64 | 4.22 | -9.1 | 101.9 | |
| LEONFB | 0.505 | 0.830 | 0.810 | 1.5 | -2.4 | 60.4 |
| MATRIX | 1.42 | 2.25 | 2.20 | 13.75 | -2.2 | 54.9 |
| MATRIX-WA | n/a | 0.360 | 0.335 | -6.9 | n/a | |
| NOTION | 0.40 | 0.715 | 0.495 | 3.25 | -30.8 | 23.8 |
| PRLEXUS | 1.15 | n/a | 1.010 | n/a | -12.2 | |
| SCIENTEX | 2.735 | 8.90 | 8.60 | 6.0 | -3.4 | 214.4 |
In November, I sold all shares of JAKS for just ~20% gain, and added
Prolexus to my portfolio. This seems like a bad decision as JAKS's share
price has gone up and Prolexus share price has dropped heavily.
I disposed JAKS because I feel that its risk is too much for me to
swallow now. Those who watch JAKS closely might know what I mean.
As for Prolexus, I have been watching this stock for around 2 years and
have been patient enough not to buy it at higher price. At RM1.15, I
thought it's a good time to buy into its double expansion plans.
Anyway, its share price started to drop sharply just a few days after I
bought it, because of the deferment of its Vietnam expansion project.
Should I buy more at such "low" price around 90sen? This level seems
attractive but may be I should be more careful as the main reason I
bought Prolexus has gone. Even though the fabric mill is expected to
start operation next year, its excitement is not so much for me compared
to capacity expansion.
Besides, the change in capacity expansion plan might indicate softer
demand in near term, and the start-up cost and depreciation of its
fabric mill might eat into its profit initially.
Nevertheless, PE wise Prolexus is still rather cheap for me. Hopefully
World Cup year in 2018 will increase demand for its products.
In this month, Notion and Hevea fell 30% & 23% respectively. Hevea
suffered because of huge drop in its profit. My overall portfolio is
supported by KESM and INARI which continue to rise thanks to current
semiconductor theme.
http://bursadummy.blogspot.my/2017/12/my-portfolio-nov17.html
http://bursadummy.blogspot.my/2017/12/my-portfolio-nov17.html
