My stocks portfolio - Jan 2008

It has been a rough month of January for my stocks portfolio. For combination of cash and CPF holdings, my portfolio has dropped to about -17.92% of purchased value as of this writing. Even though it dropped so much, I am not worrying as my investment horizon is long ahead and as far as I am concerned the losses are not realised yet. I believe I can still recover the losses and it is just a matter of time before I can do so. I am looking forward to receive more dividends along the way. In the mean time, I will try to top up if there is any opportunity to buy at good bargains.

There are four transactions done for the month of January.
Sold CDL Hospitality for 4.2% gain
Bought Fibrechem, average price at $0.93
Bought Kim Eng, average price at $1.995
Bought BH Global, average price at $0.61

I have sold off CDL Hospitality for a meager gain of 4.2%. I blame my bad timing for not selling it earlier at a higher price. I know it is a pathetic amount of gain to realise but I need the cash to top up on the other stocks like Fibrechem and Kim Eng which have been badly beaten down. Another reason for selling off is I am intending to trim down on the number of stocks in my portfolio. I have also added on BH Global with CPF as I wish to increase my stake in this stock.

There is no dividend received for the month of January.

No	Stock	Mode	Unrealised P/L
1	ALLCOREIT	CASH	4-
2	ARA	CASH	6-
3	COURAGE MAR	CASH	3-
4	FIBRECHEM	CASH	3-
5	FSL TRUST	CASH	3-
6	GEN INT	CASH	1-
7	INT-ROLLER ENGG	CASH	2-
8	JAYA HLDG	CASH	2-
9	KIM ENG	CASH	1+
10	MACQ INT INFRA	CASH	2-
11	ROTARY ENGRG LTD	CASH	4-
12	SINGHLDG	CASH	5-
13	TAI SIN	CASH	4-
14	UOB-KAY HIAN	CASH	3-
15	VICOM	CASH	2-
16	BH GLOBAL	CPF	1-
17	COSCOCORP	CPF	6+
18	SIAENGG	CPF	3-
1+ denotes returns of 0 to 10%
2+ denotes returns of 10.01% to 20%