My Realised Capital Gains After 8 years in the market Is Near Zero

Recently, I mentally tabulated a number of my stocks that I have sold, or suspended, or privatized… And the grand total of capital gains (dividends excluded) among all these realised gains is near zero… :(

Granted, there were a number that were due to mistakes made as a newbie in the stock market. The stocks offhand that I recall:

Review of 2016 and on to 2017

I haves meant to put this post out at the start of 2017, but was delayed by the birth of my princess and preparations for CNY.

I have not really been reviewing my portfolio and stuff since 2014. Looking back, re-reviewing myself, and writing on the blog, actually holds me accountable for my own progress, as well as being a chronicle of my past decision making, be it good or bad.

I wanted to restart this blog with a different focus, but haven’t had the time to do it. Procrastination had set in, along with a myriad of excuses (Which shouldn’t be there in the first place).

First thing, I realised recently that this blog had been extremely useful for myself to track my past purchases, and the reasons for it. What I know today and what I know then is very different, and I cringed at some of the purchases I made in the past.

Next, while I have grew very little in terms of portfolio value over the last 2 years, upon reflection, I realised my cash had gone significantly into
1) Wedding preparations.
2) Housing
3) Shared portion of car loan and misc expenses
4) Baby preparations
5) Purchases of various wants (this amounted to quite a fair bit)

Quick updates

Rather busy, and fell ill. So I shall log down my personal quick views of some of my stocks which has just reported their results.

Starhub
5cts dividend announced.
Net profit fell, EPS drop to 3.39 cts. However, this is because Starhub does not amortize the smartphones sold over 2 years, but recognized it immediately. I expect a much higher EPS over the next few quarters because of this.

A few things to take note for the following quarter:
(i) How loss of EPL will affect its pay TV revenue
(ii) How Next Generation Network will affect Starhub
(iii) How the new law that enables M1 to join the payTV will affect Starhub.

Overall, I will treat this is neutral and within expectations.

Aztech 1st Quarter Results

The Group registered an overall turnover of S$49.70 million and net profit of S$1.56 million for Q1 2010. Despite an increase in revenue from Electronics business, the Group saw a 26.5% decline in overall turnover compared to the same period last year mainly attributable to the lower revenue recognition for Materials Supply business after completion of phases I and II of the supply contract.

Aztech: Diversification or Diworsification?

SINGAPORE, 10 March 2010 – Singapore Exchange Mainboard-listed Aztech Group Ltd (“Aztech”) today announced that its subsidiary Shiro Corporation Pte Ltd (“Shiro”) has ventured into the canned and frozen food business. Shiro targets the retail and food services market in Singapore and overseas with the mission of supplying restaurant grade quality food under the brand name of Jade or "Yu Huang" 《玉皇》.

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The concern now is whether Aztech's bold moves into areas outside of their area of competence, i.e. Marine Logistics, Materials Supply, and now F&B sector, is a matter of diversification or diworsification. The new diversification was perhaps expected on hindsight, as Aztech was seeking aggressively to enter a new area as seen in their consideration to enter the property segment, but backed out in the end.

Aztech -- Reasons for Purchase Part 2

I have decided to include part 2 on my reasons for purchasing Aztech after MusicWhiz's guidance on more matters. This part 2, is however, done more thoroughly after my purchase, although some of the considerations were lingering on my mind when I made the purchase.

The first major issue that was raised was the debt level of Aztech. This was pointed out to me before by grandmaster89 of CNA forums too, so it was on my mind when I looked through Aztech's past company's announcements.

Aztech Group -- Reasons for purchase

Warning: very long post below

Incorporated in 1986 and listed on the Main Board of the Singapore Stock Exchange, Aztech is now a dynamic international group with key activities in Electronics Design & Manufacturing, Materials Supply and Marine Logistics. The Group operates in six countries over three continents. In Sep 2009, Aztech suggested to diversify it's revenue source by expanding into property development with Aztech Property. Recently, Aztech Electronics launched a new subsidiary called Aztech E-lite Pte Ltd, focussing and leveraging on the strengths of the Electronics segment to branch into the LED market.

In the earlier post, I mentioned that I bought into Aztech Group at 0.23. In this post, I will delve into the reasons why I bought this stock very briefly.

Bought Aztech Group

Bought 31 lots of Aztech today at 0.23.

Why the odd number? Because I had bought 30 lots, then there was 1 sore lot left at 0.23 getting in the way. So I cleared it for the fun of it :) Also, there's a cum dividend coming on 23rd Apr 2010.

However, there were still constant sellers at 0.23, so it wasn't cleared in the end. Grrr.....