2023 Investment Summary

 2023 INVESTMENT SUMMARY

Total divivden received for 2023 is 38K. Majority from United Plantaion, INNOPRISE, Poh Huat and RCE Capital. Consider not bad :)

Top performers:

WellCall - 40% appreciation (sold most of it) 

United Plantation - 20% appreciation (on paper gain)

RCE Capital - 190% (still holding for dividen)

KAWAN - 18% (dispose 100%)

Worst performers:

HEVEA - Very poor results (share price stagnant and no dividen)

BPPLAS - expected to perform but share price was lackluster.

ChinWell - Poor results

Tongher - Poor results  

Takaful - lackluster share price (dispose 100%)

Poh Huat, Lihen and Magni are still red due to high inflation in USA that impede consumer spending. However, these counters are still paying good dividen. After disposing Takaful, Alliance Bank is added to the portfolio. The dividen from Alliance Bank is 6% which is good.  

Expectation

SAMCHEM is on the rise following good quarterly result.  It is good time to add as crude oil price seems stable and Vietnam business is on track of recovery.

Another Short Term play will be CSCSTEL. Dividen is expected to announce after Q4 results. The company has 50% dividen payout ratio so 7 cents is expected.

In summary, 2023 investment was satisfactory in view of good dividen and capital gains on some counters. Hope for better 2024 investment! 

BPPLAS false or real signal?

 BPPLAS has been climbing up slowly in the past few months from bottom price of RM1.13. The latest quarter result showed improvement on Q2Q basis. In my opinion two quarters profit on the rise is a very good signal for better result.

Resin price is stable and company has managed to pass on the cost to customers. This is showed in the profit margin improvement (from 4.9% to 7.1% to 8.9%).

Chart wise has shown exciting signal. It is bullish ascending triangle with a breakout!  Company has zero debt and pays dividen every quarter.

I am taking the risk to up the stake!  Haha ..sounds like playing poker game!

Fantastic Quarterly Result by WellCal

Wellcal had released Q3 result. Everything is on the rise, QoQ,  YoY and dividen!

Price gap up immediately the next day after result.  The chart says everything 😜. Plan to keep for another quarter before profit taking.

Congratulations to those holding it. At least one of two stocks that I recommeneded is UP. 

Ho Sei Liao 😁😆

CPO Future Hit RM4,000 - INNOPRISE on upward trend

 

Yes, CPO future contract hit RM4,000 for September. It is time for plantation stocks to run.  Two plantaion counters are in my portfolio, INNOPRISE and United Plantation.

Below is FCPO September future contract.

United Plantation is long term investment so just sit back and collect dividen. INNOPRISE strategy is buy some, sell some and keep some... BSK strategy??

INNOPRISE price chart has shown cup & handle pattern and today price break resistance. You can see higher low and higher high. Typically this is upward trend.  

I have a comment asking me what is CUP & HANDLE....well it is just looks like my morning coffee cup below (side view)...😄

This week weather is good for morning walk. Have a fantastic weekend!

WellCal starts to run!

I covered Wellcal and BPPLAS on 11 June. It is already 1 month and Wellcal finally moving! It broke the resistance mark of RM1.18 on 12 July and gap up on 13 July.

Hope it will run further 😆 

Side story:

Recently craving for curry mee. This shop is next to 3K sport complex fronting persiaran Kewajipan SS13/1. Open very early at 7.00am. Taste good !

 

Follow Up Stock Watch - WellCal & BPPLAS

It has been approx two weeks since I posted the stock watch list. Let's review the chart if they are still relevant.

BPPLAS

The chart still good showing higher low. After dividen ex-date, price drop to 1.22 but rebound back to 1.24 now.

WELLCAL

Price dropped to 1.14 at one time. I tried to collect at 1.14 but not successful. It is now stabilize to 1.17

Chart wise is still good. Hope to add some more. Waiting for the time to do the job !!

A bit of side story. I was in Singapore yesterday having two business meetings. While having lunch with my distributor, we talked about interest rate, inflation, weak KLCI, weak MYR against SGD blah blah....

Then we talked about investing in Singapore REIT. This is the time that I show off my knowledge a bit (haha). During MCO, I researched deeply on Singapore REIT. Made some monies but also lost some. The best investment was Fraser Logistic REIT which I sold about two years ago before the MYR lau Sai..

The price now is SGD 2.20 which has appreciated more than 50%.  I could have been laughing to the bank if I hold the stock until now !! 

Stock Watch - WellCal & BPPLAS

Stock Watch

Bursa is down for some time. Most of the stocks in my portfolio are in red except RCE and United Plantation. Stock selection is really critical if want to make some money in share market now.

Straight to the points. Two stocks that I think worth to pay attention. BPPLAS and WellCal. Both companies are showing profit margin improvement.

The key consideration is low risk so we don't lose much if share price goes against you. Duration wise is 3 to 6 months.  Dividen yield is not bad and pay every counter. So treat it as 3 months fixed deposit!!

WellCal Chart

WellCal Quarterly Performance

BPPLAS chart

BPPLAS  Quarterly performance