2022 - Investment Review

Review for 2022 investment is as follow:

PLANTATION

The best performing sector will be plantation. INNOPRISE is the best stock on both dividen and capital appreciation. United Plantation is purely on dividen which is at 8% per annum. Coming Q1 of 2023 will expect RM1 dividen payment from United Plantation.

FINANCE

RCE Capital was a surprise when dividen of 23 cents was declared.  ELK Desa was a miss. Sold too early. Takaful was an under achiever. Share price was flat and only 12 cents dividen for the whole year.

PLASTIC

Poor performance. Sold Thong Guan even though the sales revenue was increasing every quarter. The share price is lackluste and dividen is not attractive at all. Still keeping BPPLAS for it dividen and growth prospect.

FURNITURE

Worst performance sector. HEVEA was the worst with capital depreciation of almost 30%. LIIHEN was at 15% and Pohuat at 3.85%. LIIHEN and Pohuat are giving dividen except Hevea.

OTHERS

Magni, Tongher and Samchem are still paper loss but dividen are OK.  KAWAN was a surprise winner appreciate about 35%.

GREAT MISS

There are always some great miss in investment. They are LITRAK and FAVCO. ULICORP and ELK-DESA also but at smaller scale.

Total dividen received in 2022 is approx MYR40k. Unrealized lost is approx MYR 38k against unrealized gain of MYR 35k.   

Overall investment performance is OK if compared to KLCI benchmark. At least the dividen is attractive in current bad market sentiment. 2023 investment will be defensive and to consolidate the portfolio.