March 2024 Returns: -2.93%
Year to Date Returns: -0.07%
Since Inception (9 Sept 2020) Returns: 74.21%
There is nothing much to report about with regards to March as companies already reported their results in February.
One thought that i had in mind was whether to shift Huationg Global out of the portfolio in this imaginary portfolio as well as my real portfolio.
Why sell out?
-Despite decent results, one of the major shareholders was disposing shares and as such it might have proved tough for the stock to record any capital gains
-On the other hand, dividends was conservative and somewhat not really ideal.
Why not sell out?
-Does not make sense to sell out of a stock that is <2 PE and has good cashflow and reduced debt
-Increase in refundable deposit might signal higher dormitory revenue moving forward
-Effort needed to replace the stock. As always, if there is something else that caught my eye then it would make the switch more attractive. Push/Pull....