Showing posts from July, 2010

Portfolio as at end Jun 2010

This is a post on my portfolio holdings as at end Jun 2010.

My portfolio, as at end Jun 2010, contains the following stocks:
China Gaoxian; China Eratat; Heeton;
HockLianSeng (HLS); Roxy; Ryobi; Techcomp;
Viz branz

In the last quarter, my portfolio has experienced larger turnover, as I pared my positions during the downturn in May 2010 and increased my positions in June.

Sold: Best World, China Zaino, Metro, Fujian Zhenyun (FJZY), UOA
Metro and Zaino was sold to raise cash to buy other stocks. FJZY was sold when it announces that its auditors cannot close the accounting books within the stipulated timeline. Best World and UOA were sold so as to increase cash position during the downturn in May.

I have another reason for selling Best World -- Q1 results are below my expectations. I did somewaht regret refusing to buy Best World back at higher price (compared to my selling price), as Best World seems fundamentally more solid relative to my other positions. Nonetheless, I will not be bu…