He's on his way home

He's on his way home

Sunday, April 27, 2014

Update on Core Portfolio


28 Apr Lots Cost Price Market Price Paper Gain/Loss
FCL 6 1.5 1.7 13.33%
Naratel 15 0.67 0.785 17.16%
CM Pacific 12 0.88 0.97 10.23%
Saizen 14 0.865 0.905 4.62%
FCT 7 1.64 1.8 9.76%
Hock Lian Seng 40 0.265 0.285 7.55%
Total
63.8 70.2 10.03%

No Selling, only the addition of Hock Lian Seng (previously holding a very small position).
Am impressed with Hock Lian Seng ability to maintain their profit margins, and the fact that they have clinched a number of significant projects recently that will provide earnings visibility over the next couple of years.  Coupled with the company's excellent track record in giving out generous dividends makes me decide raise my stakes significantly in that company. 

Stable earnings and Generous dividends =)

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