I guess it is time to update my portfolio after an "action packed" February.
The total number of stocks when from 20 to 25!
There is a number of reasons behind it:
- I started looking at companies with Price to Book Ratio at less than 0.500. For these companies, I am looking more at Net Asset Value with a very big margin of safety. However, these companies most probably will not pass my scorecard or may have huge debt. For these companies, I am expecting "High Risk, High Returns" and I deem them as "Deep Value Stocks".
- Although STI has fallen ridiculously low (prior to the recovery), but how many blue chips can you buy/average down (since our funds are limited)? So I decided to try to find "other stocks". Thus, I started on the journey to find "Deep Value Stocks".
- I realised companies that ......