10% Return is almost there

About 3 months after starting Ah Bu Fund, the yield is almost approaching 10%. The main gains are from Datasonic. The return would have been enormously more if I could act on gut feeling sooner. FYI, Datasonic has splitted twice in the past year, once in June and also recently in December. Actually I first spotted the stock at the end of May and the price was RM2.40 at that time. I ran through the financial reports. The financials were good and the forwards earnings prospect are also good. However, due to daily price rise of the stock, I was foolishly waiting for it to pull back a little to have a margin of safety. It proved to be a terribly wrong decision, as the stock rose and rose even after the bonus issue in June. Finally I have the gut to jump in at RM 8.50 in November. So the lesson of the day is that do not hesitate once you have done your homework and found a good stock.

Ah Bu fund looks like this now:

Financial assets at 17.01.2014
	Name	Purchase Date	Purchase Price	Current Price	Unit	Current Value	P/L ex Dividend	Dividend	P/L inc Dividend
Cash	Hle-Broking			20149,76
Stocks	OCK	27.12.13	0,78	0,775	5000	3875	-1,1		-1,1
	Sunreit	04.10.13	1,40	1,26	5000	6300	-9,8	89,25	-8,5
	Cypark	22.10.13	2,17	2,4	3000	7200	10,5		10,5
	Datasonic	19.11.13	1,70	2,26	7500	16950	33,2		33,2
Total Stock				34325,00	63,0	%
Total cash				20149,76	37,0	%
Total				54474,76
Current profit				4474,76	8,9	%
Total dividend				293,73