Updates for my portfolio for June 2018
Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. I'm paying off the balance transfer faster than I would and maybe do another one using Maybank. In addition, I'm on a steep learning curve for my side venture, as I'm gonna do everything DIY instead of letting people do it for me
(more costly), let's see how it goes.
- Buy Kingsmen Creatives at 0.575
- Depressed earnings and dividends, already providing a 4% yield
- Get 4% yield while waiting to recover
- Margins are being squeezed due to a tough retail market for luxury brands, now catering to mid and low retail
- They are expecting a margin of at least 5%, target at 6-8% (have achieved over past 9 years)
- Management is looking to improve further
- Company is in net cash position, with ...
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