Have Achieved My Annual Target Return

lotustpsll
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8 years 11 months ago #22140 by lotustpsll

Have Achieved My Annual Target Return was created by lotustpsll

Achieved a return of 21% in my portfolio as at 30 April. This has already exceeded my annual target of 12%. My latest stock picks – Mfg Integration, Nordic, CDW – have performed well.

What have I done right?.
- Close monitoring of portfolio
- Be nimble in portfolio management
- Do not be afraid to change your portfolio mix
and sell under-performers
- Daily review of investing reports is essential

The small cap universe has moved a notch in the past 4 months. Recently, a draft academic research paper supported the attractiveness of investing in quality small caps - achieved the best return as compared to other sectors over a 50 year period.

The positive impact on SGX small caps is not surprising and I expect the interest on this sector to continue. But I must stress that we only look for quality companies to invest in.

SGX provides a healthy, fertile ground for small caps search. Work hard and success will come.

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SWN
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8 years 11 months ago #22141 by SWN

Replied by SWN on topic Have Achieved My Annual Target Return

Did you realised all your gains or are they just paper profit? If you have realised all gains, it may not be easy to repeat your performance in the current market condition when the prices already moved up a lot for most counters!

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lotustpsll
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8 years 11 months ago #22142 by lotustpsll

Replied by lotustpsll on topic Have Achieved My Annual Target Return

A measure of return is simply defined as the change in portfolio value over a certain period. Whether the profits are realised or not is inconsequential.

What is important is whether the value (inclusive of cash holding which are earmarked for investing) has increased over time. Cash holding does fluctuate and in certain times one may be fully invested (nil cash) or one may build up cash position by taking profits off the table.

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pine
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8 years 11 months ago #22143 by pine

Replied by pine on topic Have Achieved My Annual Target Return

congrats man. Are you still holding on to nordic, cdw and Mfg Integration ?
in the first pl, how did you come across these counters? Do you have a good broker to advise you on the up & coming counters?

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lotustpsll
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8 years 11 months ago #22144 by lotustpsll

Replied by lotustpsll on topic Have Achieved My Annual Target Return

Am holding these counters. CDW is a high yield play, Mfg Integration is still cheap by PE measure and Nordic purchase of Austin Energy is an astute move. The recent insider trades on Nordic is a big positive.

My research is source from websites, such as Nextinsight and Iinvestor. Once I identify a potential target then I do my own investigation. Have been able to find some great picks, for e.g. K1, Innovalues, Q & M etc.

As I have said, work hard and be rewarded. Think long term and stay on your strategy. Read widely investment books and develop your investing philosophy.

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zane
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8 years 11 months ago #22161 by zane

Replied by zane on topic Have Achieved My Annual Target Return

lotustpsll, you are a successful investor. Just want to ask you about Q&M which you mentioned. It does look grossly overvalued at the current price of over 70+cents, isn't it? Or do you think like 'the market' which somehow has hoisted it to this level for some reason or other (impending spinoff)? Still, it's at a valuation I would not touch with a 10-ft pole. Anyway, your thoughts pls.

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