May 2018 Portfolio Report

Since the last update, March 2018 Portfolio Update, my portfolio has shrunk significantly; losing almost all the gains made in the past years. This is largely contributed to the events leading up to the election and post-election. Understandably, investors, especially foreign  ones, are jittery about a change of government; the first Malaysians have seen.

sarawak State Legislative Assembly
Sarawak State Legislative Assembly. Credit to

Companies seen to be close or somehow related to the former government were hit the hardest. Arguably, I hold shares in two of such companies: Ekovest and CIMB. I’ve sold SIME, without much of a gain or loss, to purchase Mahsing.

3A 6.53 1.18 0.945 (19.81)
AIRASIA 30.70 2.80 3.22 15.08
CIMB 26.17 5.78 6.12 5.60
DNEX-WD 9.69 0.201 0.135 (32.98)
EKOVEST 9.71 1.136 0.585 (48.53)
EVERGREEN 5.93 0.791 0.455 (42.54)
MAHSING 3.97 1.10 1.09 (1.19)
MALAKOF 3.18 0.917 0.875 (4.68)

Portfolio gain is at 6.29%.

If you have suffered the same fate as I did, try not to dwell in the past. I believe that market jitters would eventually succumb to the competency, accountability and transparency policies, championed by the new government. We can only hope that the new government will make good on its election promises.

As for now, the market is significantly cheaper, especially many mid cap stocks. Hence, how you act upon this will determined the success of your investment.

Looking forward
  1. Malakoff dividend (3.7 cents per share); ex date on 14.05.2018, payment date on 01.06.2018.
  2. Airasia dividend (12 cents per share); ex date on 12.06.2018, payment date on 13.07.2018.
  3. Evergreen dividend (1.38 cents per share): ex date on 30.07.2018, payment date on 17.08.2018.
  4. Mahsing dividend (6.5 cents per share); ex date on 12.09.2018, payment date on 27.09.2018.

If you enjoy reading this write-up, please share and like Bursa:Going Long on Facebook for more updates and analysis of investment-related topics.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.