上周趁着指数大涨，买盘大量涌现的时候，我就继续的减持手头上的股票，并顺利在蒙受轻微亏损的代价下把组合现金提高到80%左右的高水平了。2015年上半年，组合的盈利只有区区的5.5%左右，看来今年要达到15%的目标并不容易。
目前投资组合只留下了几家公司的票来继续观察，
1. ARREIT
2. Ruberex
3. MNRB
4. Magni
5. Complet
6. TWRREIT
7. Genm
8. Fimacorp
TWRREIT与Fimacorp是我最近刚买入的公司，主要是看上了它们即将公布的股息。今年上半年，我觉得自己比较像股市交易员，频密的交易并没有带来多大的盈利，这是对投资严重的信心不足，大部分的时候都是稍有风吹草动，我就会毫不犹豫的卖票了。接下来我会继续的交易put warrant来赚取一些外快，有大减价就买入少少自己认为值得长期投资的公司来收点货，股票投资上限为组合的40%。
我的简介
搜索此博客
标签
- 3A (1)
- 冰箱股项 (14)
- 成功学 (5)
- 分享会 (2)
- 钢铁股 (8)
- 港股 (1)
- 关注股项 (1)
- 聚会 (2)
- 内银股 (4)
- 随波逐流 (30)
- 投资路上 (24)
- 投资篇 (43)
- 投资组合 (40)
- ABMB (2)
- Ajiya (4)
- Analabs (3)
- ARREIT (3)
- BIMB (4)
- Brem (1)
- CCK (14)
- Cenbond (2)
- Chinwel (10)
- Choobee (7)
- Complet (3)
- CSC Steel (34)
- CScenic (2)
- Delloyd (13)
- Eksons (9)
- fiamma (8)
- Fimacorp (5)
- FPI (8)
- Genm (4)
- Gtronic (2)
- Hexza (2)
- Integrax (1)
- Kfima (8)
- KSL (1)
- LTKM (2)
- MBSB (2)
- Metro Kajang (5)
- OFI (1)
- Oskprop (1)
- Palmoil (2)
- PBA (3)
- Perstima (4)
- PIE (9)
- Pintaras Jaya (8)
- Plenitude (4)
- Prlexus (5)
- Ruberex (4)
- SCC (1)
- SHL (6)
- Suiwah (3)
- SWKPLNT (3)
- TA (3)
- Taann (2)
- TAGB (1)
- Tambun (1)
- Tasco (3)
- TDM (8)
- TGuan (2)
- Weida (13)
- WTHorse (4)
- WTK (4)
- YSPSAH (3)
理财网站
7 条评论:
Hi friend,
I wonder why you feel so unsecured towards stock market. I agree that now market is pretty unstable and most of the company are trading at high price as compared to their intrinsic value. It is quite hard to find good companies at decent price to invest in. I also believe market correction or worse still economy crisis might be just around the corner. Thus, i am also getting myself ready by saving more cash. But one important note in my mind is that i have a strong belief in my portfolio and i would not simply sell any of them just because of fluctuation in their price or temporary drop in their earnings. I continue to hold them through and even buy a little from time to time as most of my stock are still relatively cheap. Just to share with you on my companies if you do not mind (Actually i have 14 counters, quite a lot...sorry :p)
1. APM
2. GENTING
3. MFCB
4. PANAMY
5. KFIMA
6. FIMACORP
7. FACBIND
8. ORIENTAL HOLDING
9. HLIND
10. IGB
11. KSL
12. HEKTAR REIT
13. PLENITUDE
14. A&M REALTY
Just for sharing. Looking forward for your sharing or comment :D
Edmond,
你好，谢谢你的留言与分享，你投资的股项当中，除了FACBIND之外，其它的都在我的watch list之中，我认为都是很棒的价值股。Genting与GENM之间，我选择了GENM，主要是因为GENM的业务比较抗跌，无需担忧GENP、GENS的业务。至于Kfima与Fimacorp，我只选择Fimacorp，股息比较高(7.5分的股息应该会在8月派发。Oriental的资产非常的有素质，可是股价也一样不跌，所以一直都没有买入的机会。HLIND与MFCB也是一样，获利能力强劲。4家产业股IGB,KSL,A&M与Plenitude，短期内我会选择避开所有的产业股，产业最严峻的时刻还没有到来，因此我不认为产业股短期内能够为我们带来多大的盈利。APM,Panamy，Hektar都是高股息公司，就略过不谈了。
有空我再分享这些公司的看法，或许可以从Fimacorp开始。谢谢
我提早离场，主要是信心不足的关系。
还有就是我上个月就辞职不干了，所以无法在现有阶段靠人做工累积资金了，在摇摆不定的市场，我就必须保守点了。
Hi friend,
Thanks for your comment. Let me share more about my portfolio if you do not mind. I will do it one by one :)
1. APM
I purchased APM since 2012 until now. My average price is RM4.62. I saw it go all the way to RM6++ but i do not sell any of them until now :p
Strength:
- Very strong balance sheet with net cash of RM1.19 per share as at 2015 Q1 (March 2015).
- Pretty stable earnings and operating cash flow since 2001 until now. Of course it is still cyclical in nature due to automotive industry trend
- Excellent free cash flow generation capability. Since 2001, it generates FCF of RM0.17 to RM0.56 per share. It only fails to do so in 2004 & 2013. To me, it is a cash machine.
- It is the largest car component manufacturer if i am not mistaken. Thus, it has great scale of economy to achieve lower production cost as compared to its competitors.
Weakness:
- Profit margin is in high single digit, not a high margin business in nature
- Constantly face price pressure from its customers e.g Proton, Perodua, Nissan and so on. Thus operation scale is very important to maintain margin.
To me it is a stable company with simple business which is cash-generative. APM perform share-buyback once in a while, thus making its outstanding shares to be less than 200mil shares currently. It is definitely not a glamorous stock in which market discuss hotly about. It quietly expand its business, generate more cash and reward shareholders through consistent dividend (special dividend in 2013 at RM0.46). I like it to be low-profile, focus on building business and operate in predictable manner :)
谢谢你，APM是一家4平8稳的公司，并已走出大马，据我所知它虽然在越南投资失利，不过还是很积极的开拓国外的市场，最近还开始开拓缅甸的市场。最近它的股价跌跌不休，我相信主要是因为它必须用美金购买部分原件，因此美元上扬对它极为不利，或许，这也是一个慢慢累积的好时机。
Yup...you are right. Currency volatility is always there. It will certainly affects APM profit. But still its latest quarter report showing it is generating strong operation cash flow as compared to FY2014. FCF is also not bad. Hopefully it can ride out this storm successfully and expand internationally at good pace. It did purchased a Australian car seat company if not mistaken. I am waiting for it to drop below RM4 to accumulate more. I must admit that APM is having a boring business :p However i am truly attracted by its strong balance sheet, prudence management and strong cash flow (esp FCF) generating capabilities
Thanks for your sharing :)
APM 最近有便宜货出现，我打算先看看11月的季报才决定买不买入它。
发表评论