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September Portfolio
By Derek  •  October 3, 2007
By: Derek Lim I was in reservist for the whole of September. Hence, I didn't have much time to monitor my stocks or update my site. But hey, isn't that what investments are about - ignore market noise and let it run. It's a pretty good month, with the Fed cutting interest rates and the market rebounded. The sub-prime issues seem so long ago. I guess it's human nature to look at the positive and ignore the negative. My Current Holdings as of 3 October 2007 (% returns base on initial purchase price). 1. CapitaRChina 163.04% 2. FirstREIT 0.35% 3. HL Fin 1.32% 4. CitySpring 20.20% 5. PSC Corp -21.67% 6. AscendasIndT 3.69% No trades this month. My biggest loss is still PSC Corp but with the share consolidation and rights issue coming up, I hope to be able to recoup the loses. HL Finance is still my largest holding. I'm pretty disappointed that there is no issue of rights to clear their S44 credits. I can now only hope for a large cash dividend. I have come across some reports that HL Finance might not even exercise their S44 credits at all. Hopefully that will not happen. I realize that I made a mistake in calculating my returns - I did not include the dividend received. Hence my returns are as follows: Current Stock Portfolio: 6.01% Overall Returns for the year: 0.69% Though I have a unit trust, it is invested using CPF and I want to keep it separately. I will be adding some UTs invested using cash in future.
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By Derek
Derek is an investor who follows Peter Lynch style of investing. He prefers to use simple and straight forward information for stock analysis. He started with the intention to bring together all bloggers and professionals who are interested or already in the area of Finance and Investing, and to create a community where everyone is free to write and to share their articles, experience and opinions.

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