Back at the tail end of 2012, I started a portfolio of 20 Singapore small caps that I find interesting and track them throughout the year. These posts are updates of the results.

You can actively view this portfolio at a live Google spreadsheet here.

The STI ETF have returned 3.7% during this period. This portfolio has an unrealized gain of 34k on a capital of 200k, a total of 17% return.

Its really a shame this is not my real portfolio.

There are really a lot of unexplained market movements. While Silverlake, Sheng Siong, Kingsmen and Straco have shown good results, a lot of the stocks seem to move ahead of itself.

Boustead, which I owned, have not provide a profit outlook any different from 2012 yet it became the best performing stock.

To those that are invested, congratulations, you have shown great foresight ...