30 June 2016

June 2016 Portfolio Update

Stock NameNo of SharesCurrent PriceCurrent Value
Keppel Corp2000$5.520$11,040
Accordia Golf Trust9000$0.605$5,445
ST Engineering1000$3.140$3,140
Total Value

$19,625

I had recently divested 1000 shares of Keppel Corp at $5.88 and buy back again at $5.30, making a profit of 10.83%. The reason of the divestment is to lock some profit off the table. The Brexit referendum allows me to buy back again when the price weaken last week. This looks a win-win situation for me, if I choose not to divest and hold on to it, I would not be making additional 10.83% profit into my investment fund.

Other than that, this month portfolio is the same as previous month but with a lost in value of $295 due to the dividend received from Accordia Golf Trust. Market had been recovering very well after 2 days of massive losses from the Brexit referendum. I will be looking to lock down some profit if opportunity arises and realign my portfolio to achieve maximum gain for the year.

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