I have created my own portfolio for stock pick 2018, it was meant to be submited for the stock pick challenge 2018, but apparently I was late. Anyway I'm sharing my portfolio here and feel free to engage with me for a discussion about my stock pick. All the stock was selected and 'transacted' on 30th of Dec 2017, I didn't made any changes to the portfolio afterwards.
You may have a look at my portfolio at the url below.
https://klse.i3investor.com/servlets/pfs/99368.jsp
This is the summary of my allocation for the stocks.
1. ARMADA 20% ~ RM20,000/0.765= 261 lot
2. WCT-WE 15% ~ RM15,000/0.265= 566 lot
3. MRCB-WB 14.2% ~ RM14,200/0.385= 368 lot
4. INSAS-WB 15% ~ RM15,000/0.310= 483 lot
5. HIAPTEK-WB 15% ~ RM15,000/0.175= 857 lot
6. PANTECH-WB 20% ~ RM20,000/0.215= 930 lot
Cash: RM901 (retained for the transaction fees) ex transcation fees = RM655.14 remaining.
Reasoning:
I selected company warrant for majority of allocation because I want to enjoy the high gearing provided by company warrant to maximise potential gain (the inverse is also true, losses also can be magnified greatly by company warrant).
Armada is selected so that the portfolio is exposed to potential gain from O&G recovery.
I believe both construction and properties sectors have bottomed, hence I selected WCT and MRCB as my favorite picks for large cap in construction and properties sectors.
Insas is chosen because I believe it is deeply undervalued and I believe a possible signifcant price appreciation this year to rationalise its valuation, plus more importantly the price chart for Insas is very bullish in my eyes.
Ind-prod index is at all time high right now, so I selected Hiaptek as speculative pick to have a piggyback ride on the Ind-Prod index rally.
Pantech is a technical pick, because it have broken the long-term (3 years plus) downtrend line and retested this previous downtrend line as support line (highly bullish price structure).
Disclaimer: Buy and sell at your own risk, exercise you own discretion when refering my stock picks for your stock investment ideas.
Feel free to engage a discussion with me about the picks.
Okay thats it, K thx bye.
http://klse.i3investor.com/blogs/Tech_Watch/143368.jsp
