IT WAS spontaneous. Six investors, after a hearty meal of nasi lemak and mee rebus, responded to a spontaneous suggestion: What is your best stock idea(s) currently?

Value (or fundamental) investors, they had just visited a company in MacPherson and then headed to a nearby cafe for lunch.

They are indeed investors who seek to know the fundamentals of a business and decide to buy (or sell) on that basis, as opposed to stock traders who buy or sell on technical indicators, for example.


And just as spontaneously, the idea came to me to publicly share here what we later dub as the Nasi Lemak Portfolio.

For  now, we are sharing just a list of the stocks with key financial metrics. If your interest is piqued, you might want to do your own research.

nasilemak port8.15For reference: The Straits Times Index closed at 3,049 on 18 Aug 2015. Stock prices listed in the table above were from the day before the stock list was compiled at lunch.

As you know, the stock market has been on a downtrend, and the prices of most of the stocks in the table have already gone lower than the numbers quoted.

Hopefully, in the long run, the stocks will reflate on more positive fundamentals.

NextInsight will revisit this portfolio at end-November (ie about 3 months later), and see how it has done. But if there are significant price movements before that, we can do an article as an update for readers.

Wish us luck -- and if you have views and questions on the stock picks, feel free to post below. Meantime, as we face a volatile market, here's a pretty apt quote to chew on: 

Henry Blodget, CEO of Business Insider. * I have learned the hard way that market timing is very difficult and is generally a terrible idea. It is really hard to correctly "time" major market reversals. (I learned this as an analyst during the dotcom crash in 2000, and my mistake cost me and my clients a fortune.) And it is really, really hard to correctly time two major market reversals in a row, which is what I would have to do for it to be a smart idea for me to dump my stocks now.  -- Henry Blodget

Read more: http://www.businessinsider.com/why-im-not-selling-stocks-2013-9#ixzz3jX6KL85C


Note: The above portfolio reflects the diverse investment interests and perspectives of 6 investors and are not a recommendation for investment by any reader. Your risk profile and investment objectives could differ, and are likely to differ, from the investors. 


Comments  

0 #2 1ck 2015-08-26 10:06
Ellipsiz looks good firstly because of David Lum's buying and, recently, Melvin the CEO's buying. Secondly, the net cash of 5.7 cents/share makes up a major portion of the shre price of 9.3 cents. Thirdly, there is a mystery (or vote of confidence) from Lum becoming a susbtantial shareholder this year. A construction man with ambitions for a semi con company. Let's see how the movie unfolds.
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0 #1 Chick 2015-08-23 17:43
Thank you for sharing. A few stocks I know has deep value. The curious one is HTL which sticks out because it's loss making and has no dividend yield. Is this an upcoming turnaround play which will lead to a low PE and a decent div yield?
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Share Prices

Counter NameLastChange
AEM2.4200.130
$ Alliance Mineral0.2500.020
AusGroup^0.0460.001
Avi-Tech0.4850.005
Best World0.9650.375
China Sunsine0.7700.050
CWG Intl0.145-
Dutech0.3700.010
Federal Int0.390-
Food Empire0.645-
Geo Energy Res0.2550.010
Golden Energy0.3850.010
$ GSS Energy0.1330.015
Heeton0.475-
$ ISOTeam0.3450.005
KSH0.730-
Lian Beng0.6000.010
$ Miyoshi0.067-
Nordic0.4100.010
Oxley0.5350.010
$ Rex Intl0.045-
Riverstone1.0850.005
Roxy-Pacific0.535-
Sunningdale Tech2.0200.050
Serial System0.1780.001
Sino Grandness0.1950.012
Straco0.860-
Sunpower0.6150.025
Tiong Seng0.3050.005
$ Trendlines0.140-
Uni-Asia Grp1.3550.010
XMH0.250-
Yamada Green Res0.3950.005
YZJ Shipbldg SGD1.5750.025
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