Over the last one year, I have to admit that I was not maintaining my investment blog daily. So this year, one of my resolution that I have set is to update my investment decision dutifully as well as to discuss more in depth on the company financial statements.
Previously, while I scan the forum and research the companies on my own, it is sad to admit that most of the time, my decision, while fundamentally sound, was sorely lacking in rigors of financial analysis.
Analysts use 12 month price target for stocks, at the end of 12 months, these are the things that I want to see on my blog.
1. Monthly update of my portfolio
2. Monthly updates of company news
3. Montly analysis of company financial report
4. Analysis of significant news pertaining to any company
It will be interesting to see if I can meet my 12month target by the end of 2010.
Sunday, January 17, 2010
Thursday, January 7, 2010
Buy on dip, Buy and Hold - Investment Strategy for 2010
2009 has been a great year to say the least. All the markets have rebounded sharply and I am pleased that my portfolio has broken even after the devastation caused by the financial crisis.
As we leave the troubled times behind, it has been said many times that the easy money had been made, now the route to wealth creation will rely on a strong stock selection. Many analysts have had their versions on how 2010 will pan out. Some say that this is the beginning of the multi-year bull run, others qouted that the road to recovery will be bumpy. The big question that everyone have in mind will be : When will interest rate be raised to curb inflation and speculation?
As a value investors, one must hold true to its fundamental principles. Ignore short term volatility and focus on the fundamentals of the companies.
Cut things shorts, my stock selection for this year are:
1. Adampak - Manufacturers of die-cut, labels
2. Boustead - Multi industry focusing mainly on energy-related engineering and geospatial and real estate solutions
3. Midas - Infrastructure play dealing with carriage construction
4. A-Power Generation Power - Wind Turbine Manufacturer
Reason for my choice
1. Adampak and Boustead remains my value play stocks. Low P/B, high ROE and consistent dividends. 40% of my capital are invested in them.
2. Midas and APWR are my selections for growth stock. China's growth may not be as high as before but it is still growing and as long as rail way gets constructed, there will be business for Midas. APWR is a green alternative energy play. $450 billion has been committed for the wind energy over the next 5 years. They have recently won contract with GE to build wind farms in Texas and recently concluded a license agreement to have exclusive rights to build a particular model of the wind turbine.
Current game plan right now is to build up hoards of cash in anticipation any possible correction that will present opportunity for entry.
Well, this is it. Let's see how this year will pan out.
As we leave the troubled times behind, it has been said many times that the easy money had been made, now the route to wealth creation will rely on a strong stock selection. Many analysts have had their versions on how 2010 will pan out. Some say that this is the beginning of the multi-year bull run, others qouted that the road to recovery will be bumpy. The big question that everyone have in mind will be : When will interest rate be raised to curb inflation and speculation?
As a value investors, one must hold true to its fundamental principles. Ignore short term volatility and focus on the fundamentals of the companies.
Cut things shorts, my stock selection for this year are:
1. Adampak - Manufacturers of die-cut, labels
2. Boustead - Multi industry focusing mainly on energy-related engineering and geospatial and real estate solutions
3. Midas - Infrastructure play dealing with carriage construction
4. A-Power Generation Power - Wind Turbine Manufacturer
Reason for my choice
1. Adampak and Boustead remains my value play stocks. Low P/B, high ROE and consistent dividends. 40% of my capital are invested in them.
2. Midas and APWR are my selections for growth stock. China's growth may not be as high as before but it is still growing and as long as rail way gets constructed, there will be business for Midas. APWR is a green alternative energy play. $450 billion has been committed for the wind energy over the next 5 years. They have recently won contract with GE to build wind farms in Texas and recently concluded a license agreement to have exclusive rights to build a particular model of the wind turbine.
Current game plan right now is to build up hoards of cash in anticipation any possible correction that will present opportunity for entry.
Well, this is it. Let's see how this year will pan out.
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