In January I spoke about my position in Challenger, it has since got up by over 40%! Pocket Aces indeed!


Challenger currently weighs over half my entire portfolio, I guess patience and the guts to stick to a focused portfolio really paid off very well. I would continue to hold Challenger as long as earnings continues to grow steadily. However given its sharp run up, I will not be adding anymore to this position.

This year I added 2 new counters into my portfolio, which are Karin and Valuetronics. They both weigh about 10% and 20% of my portfolio, with the balance 20% coming from Starhub. Just a simple but focused portfolio with 4 stocks only.

Karin currently trades at about 7 times earnings and a dividend yield of about 7%, I do hope they can continue to do well with their apple distribution. I mentioned about Karin in great ......