19 March 2014

19 March 2014 Portfolio Update


Stock NameNo of SharesAverage PricePrice
Mapletree GCC6000$0.88$5,266.14

Total Invested Capital$5,266.14
Total Dividend Collected 2014$267.87
Total Capital Gain 2014-$205.97
Total Investment Gain 2014$61.90

Today I sell off my 5000 shares of Frasers Centrepoint Ltd at a small profit of $151.75. This bring down my previous losses of selling Hutchison Port Holding Trust to negative $205.97. The decision to sell off FCL shares is firstly, it is coming to May soon. There is a saying Sell in May and go away. I personally believed in this statement after trading for 4 years, share prices will drop at least 5-8% during May period for almost every year. Secondly, after the all time low of $1.40 per share value of FCL, it had climbed gradually up to 15% which I think I should take a small profit and exit this portfolio. Certainly I will buy back this share again when the time arises as I am very optimistic with the growth of FCL.

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