My stocks portfolio - Feb 2011

The market value of my portfolio was up by 1.58% at the end of Feb 2011. Total portfolio gain since I started investing adjusted to 10.87% after taking all dividends into account. My holding period return was -4.77% for the month of February 2011. Since the beginning of year 2010, my overall holding period returns translate to 12.39% in annualized return.

There were 4 transactions in the month of February 2011.
Sold Tat Hong, gain at +9.8% (excluding dividends)
Sold Mermaid, loss at -47.2% (excluding dividends)
Bought STX OSV, average price at $1.203
Bought GMG, average price at $0.290

After waiting for a few quarters in anticipation for a recovery, finally I decided to pull the plug by disposing my shares in Tat Hong and Mermaid. The latest financial results of these two companies have proven to me that I ought to shift my cash elsewhere. Both companies are still facing uncertainties about their business operations leading to deteriorating profit margins as for the case of Tat Hong and mounting losses as for the case of Mermaid.

I made use a partial of the sale proceeds to take up a position in another commodity stock that is GMG. My position is relatively small considering the fact that the price of rubber is currently at an all time high. Though I wouldn’t want to miss its upside potential, I am also prepared to average down should GMG fall lower. The other stock which I added into my portfolio is STX OSV. It is a shipbuilder company which has a niche in innovating and constructing offshore and specialized vessels.

I received total dividends of $284.36 in the month of February 2011.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2010	-1.75%	1.36%	2.98%	4.36%	-7.12%	4.40%	4.49%	-1.38%	6.76%	3.09%	-1.61%	3.93%
2011	-0.03%	-4.77%
Annualized Return = 12.39%

Stock	Mode	Unrealised P/L (SGD)	Stock	Mode	Unrealised P/L (SGD)
ARA	CASH	114.81%	MAPLETREE IND	CASH	10.52%
ARMSTRONG	CASH	216.00%	MUN SIONG	CASH	10.17%
ASIATRAVEL	CASH	-13.79%	NOBLE GROUP	CASH	29.58%
CAPITACOMM	CASH	56.29%	NEPTUNE ORIENT LINES	CASH	55.66%
CAPITALAND	CASH	30.98%	PLIFE REIT	CASH	122.79%
CAPITAMALLS ASIA	CASH	-18.87%	PTERIS	CASH	-22.37%
CHINA MILK *	CASH	-100.00%	RAFFLES EDUCATION	CASH	-68.25%
CITYSPRING	CASH	10.32%	RIVERSTONE	CASH	-12.45%
COURAGE MAR	CASH	-26.59%	ROTARY ENGRG	CASH	-9.05%
CSE GLOBAL	CASH	216.20%	SABANA REIT	CASH	-8.75%
FIBRECHEM *	CASH	-100.00%	SATS	CASH	51.07%
FORTUNE REIT	CASH	44.17%	SGX	CASH	24.06%
FRASERSCT	CASH	40.33%	ST ENGG	CASH	40.04%
GENTING SP	CASH	169.39%	STARHUB	CASH	21.97%
GMG	CASH	-6.90%	STX OSV	CASH	-5.24%
HEALTHWAY	CASH	15.38%	TAI SIN	CASH	-32.18%
HG METAL	CASH	-26.75%	TECK WAH	CASH	5.96%
HOCK LIAN SENG	CASH	-1.01%	TIONG SENG	CASH	-13.46%
JAYA HLDG	CASH	-58.92%	UOB-KAY HIAN	CASH	-8.75%
K-GREEN	CASH	NA	VICOM	CASH	65.74%
KEPLAND	CASH	239.23%	BH GLOBAL	CPF	-37.35%
KEPPELCORP	CASH	191.03%	COSCOCORP	CPF	-33.29%
LEE METAL	CASH	10.85%	SIAENGG	CPF	-13.23%
MACQ INT INFRA	CASH	-40.80%