My portfolio has increased by 6.24% YTD as compared to -2.86% for KLCI index, +0.22% for FMB100 index and +1.09% for FBMEMAS. My portfolio’s return in 2018 was -6.02%, I have managed to recover from last year. Hopefully my portfolio will continue to do well for the remaining of the year.
I am on 53.66% cash. I spent some cash buying into Ekovest at RM0.89, why I bought into Ekovest is because they are getting their “political connections” back. Hopefully they can get the Bandar Malaysia contract. We shall see. Even they don’t get their Bandar Malaysia contract, they are still doing good work when it comes to DUKE. All is not lost.
United Plantation announced their quarterly results and not surprisingly their earnings went down due to low CPO price. LCTITAN had a disappointing quarter, I will reevaluate my position in this company next quarter.
The current market sentiment is bad. Regardless, I am thinking of buying more WELLCAL and to buy into CHINWEL.
