2008 Q1 Portfolio Update
As Q1 is almost done, I shall provide an update of my portfolio here. My portfolio currently contains:
|Sino-tech Fiber |
|China Precision Tech|
|Fujian ZY Plastics|
Transactions made since last update:
Bought and Sold: Dutech
Bought: Sihuan, C&G and Cacalo
Partial Sold: Fujian ZY
Bought Dutech as the price is attractive at around 2007 historical 6.x PER. However, the position is not large, as I am waiting for futher price drops. Dutech was sold later to raise cash for other purchases.
Sold a minor portion of Fujian ZY to raise cash for other positions.
Have added more shares of Sihuan, C&G and Cacalo in the portfolio as the prices of these stocks fallen to attractive levels.
Year-to-date, my portfolio returns are negative at around -15%, more negative than STI (-12%).