Disclaimer:

The blog entries do not represent a recommendation to buy or sell. Please consult your financial experts before making any decisions.

Monday, July 28, 2014

Minor change to Huat Fund - Additional units of Westport

Previously I have actually bought 2000 units of Westport but only included 1000 units in the Huat Fund as the other 1000 units is intended as share dividend for the biggest shareholder of Huat Fund.

However, she had changed her mind and decided to reinvest her RM 5k dividend into the fund. So now the bar has been raised, i.e. I would have to pay her RM 5.5k next year (10% return for 55k). Game on!

Accordingly, the portfolio has been updated and Huat Fund looks like this now:

Financial assets at 28.07.2014

Name
Purchase Date
Purchase Price
Current Price
Unit
Current Value
P/L ex Dividend (%)
Dividend
P/L inc Dividend (%)
Cash
Hle-Broking


13985.88





Stocks
Inari
24/02/14
2.30
3.24
10000
32400
41.1
270
42.2
Sunreit
04/10/13
1.40
1.43
5000
7150
2.4
282.75
6.4
Cypark
22/10/13
2.17
2.76
3000
8280
27.1
147.5
29.4
Jaya Tiasa
24/04/14
2.74
2.48
2000
4960
-9.6

-9.6
Westport
09/05/14
2.75
2.87
2000
5740
4.2

4.2
QL
07/07/14
3.60
3.39
3000
10170
-5.8

-5.8
Hovid
14/04/14
0.38
0.465
40000
18600
20.9

20.9
Total value of current Stocks
87300.00
86.2
%
700.25
Total cashin Hlebroking
13985.88
13.8
%
Total
101285.88
Original Capital
50000.00
Addition to original capital
20000.00
Total Capital invested
70000.00
Current paper gain
13662.86
Total profit including current paper gain
31285.88
44.7
%
Total dividend
1088.66

Wednesday, July 16, 2014

Averaging up - Hovid

After coverage initiation by RHB Research Team, Hovid has been on a steady uptrend. With the 20k cash injection, my hand got itchy and today I bought another 20000 units of Hovid @ RM0.43. This stock should be ripe for harvesting in a few years time.

Due to the 20k cash injection, calculation of the return rate of Huat Fund will be based on 70k instead of 50k. Thus, the return rate will be adjusted from 60% to 43.1%. The Huat Fund looks like this after this transaction:

Financial assets at 16.07.2014

Name
Purchase Date
Purchase Price
Current Price
Unit
Current Value
P/L ex Dividend (%)
Dividend
P/L inc Dividend (%)
Cash
Hle-Broking


16725.88






Inari
24/02/14
2.30
3.26
10000
32600
41.9
270
43.1
Sunreit
04/10/13
1.40
1.44
5000
7200
3.1
282.75
7.1
Cypark
22/10/13
2.17
2.75
3000
8250
26.7
147.5
28.9
Jaya Tiasa
24/04/14
2.74
2.56
2000
5120
-6.7

-6.7
Westport
09/05/14
2.77
2.79
1000
2790
0.8

0.8
QL
07/07/14
3.60
3.5
3000
10500
-2.7

-2.7
Hovid
14/04/14
0.38
0.425
40000
17000
10.5

10.5
Total Stock
83460.00
83.3
%
700.25
Total cash
16725.88
16.7
%
Total
100185.88
Capital
70000.00
Current paper gain
12562.86
Total profit including current paper gain
30185.88
43.1
%
Total dividend
889.18