Itchy Hands 2 - Sold Cypark

Today I took the opportunity to sell all 3000 units of Cypark @ RM2.72.  This stock might have some further upsides in the following two months due to the impending SEDA renewable energy quota announcement as Cypark might stand to win 10MW of allocated solar quota. Anyway, a realised gain is always better than paper gain. A 26% return (including dividend) in 10 months is not too shabby.

This extra cash will be reinvested in Inari - Rights soon=).

Huat Fund looks like this at the end of this week:

Fund Portfolio at 01.08.2014
	Name	Purchase Date	Purchase Price	Current Price	Unit	Current Value (RM)	P/L ex Dividend (%)	Dividend (RM)	P/L inc Dividend (%)
Cash	Hle-Broking			22119.86
Stocks	Inari	24/02/14	2.30	3.14	10000	31400	36.7	270	37.9
	Sunreit	04/10/13	1.40	1.42	5000	7100	1.6	282.75	5.7
	Jaya Tiasa	24/04/14	2.74	2.47	2000	4940	-10.0		-10.0
	Westport	09/05/14	2.75	2.82	2000	5640	2.4		2.4
	QL	07/07/14	3.60	3.44	3000	10320	-4.4		-4.4
	Hovid	14/04/14	0.38	0.455	40000	18200	18.3		18.3
Total value of current Stocks				77600.00	77.8	%		552.75
Total cash in Hlebroking				22119.86	22.2	%
Total				99719.86
Original Capital				50000.00
Addition to original capital				20000.00
Total Capital invested				70000.00
Current paper gain				10476.43
Total profit including current paper gain				29719.86	42.5	%
Total dividend				1105.1

Huat Fund grows - capital injection

After investing in QL last week, the cash holding in this fund was quite low and stood at about RM 5k . At the moment I do not intend to sell any stocks in the portfolio since these stocks still have quite some upsides in them. Some comments on these stocks:

Inari - this company is still growing very fast organically. The recently in Oct 2013 completed factory #5 in Penang is now almost fully utilized at 85%. The rights issue announced will be used to fund another expansion and the rights issue is at reasonable price. Will buy more to average up.

Sunreit - this company is quite undervalued due to the impending launch of renovated Putra Place. Earnings and dividend will improve once it is operational.

Cypark - the renewable energy quota for this year will be released soon. Will be interesting to see how many Megawatts this company wins.

Westport - One of the long term buys. Proxy to the economic growth of Klang Valley industries.

Jaya Tiasa - One of the long term buys. Proxy to the palm oil consumption worldwide.

Hovid - One of the long term buys. Proxy to increasing healthcare cost in Malaysia and its' export markets.

QL - New addition.

Since the cash holding in this fund is low, I decided to solicit some extra capitals and expand the fund size in order to grow it further. Starting 15th of July 2014, Sister Ying will inject RM 20k into Huat Fund with the same return rate i.e. guaranteed 10% annual return with capital protection. After this capital injection, the cash holding increases to RM 25k. This could come handy in the next few months if and when the market corrects.  

Volatile times - risk and opportunities ahead

The past few weeks has been a roller coaster ride for the market. The anticipated CNY-Rally arrived after CNY. The stockmarket was brimming with red sea before CNY as the losers lead gainer by several multiples for a few consecutive weeks.

Portfolio review
After the rally last week, the TP of RM2.50 for Datasonic has been smashed but I reckon this stock still has some upside due to potential new contracts. The latest quarterly result is due next week too.  I made the mistake of letting go Prestariang and MYEG too early. So lets enjoy the Datasonic ride. This stock alone might secure the 10% return (RM5000+RM5500= RM10500) for Huat Fund for two years!

OCK is slowly moving north and Cypark has also recovered from it's recent dip.

Sunreit is as expected still languishing at RM1.20 - RM1.30 range. Will probably buy more if it dips below RM1.20.

Financial assets at 14.02.2014
	Name	Purchase Date	Purchase Price	Current Price	Unit	Current Value	P/L ex Dividend	Dividend	P/L inc Dividend
Cash	Hle-Broking			20195,59
Stocks	OCK	27.12.13	0,78	0,82	5000	4100	4,6		4,6
	Sunreit	04.10.13	1,40	1,24	5000	6200	-11,2	89,25	-10,0
	Cypark	22.10.13	2,17	2,4	3000	7200	10,5		10,5
	Datasonic	19.11.13	1,70	2,91	7500	21825	71,5		71,5
Total Stock				39325,00	66,1	%
Total cash				20195,59	33,9	%
Total				59520,59
Current profit				9520,59	19,0	%
Total dividend				339,56