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AEM, Best World, China Sunsine -- these three stocks in the Nasi Lemak portfolio have done amazingly well in recent months.
Those three stocks did the heavy lifting to enable the porftfolio gain to surge from 143 % in July 2017 to 221% currently. |
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A Best World outlet in Zhongshan, China. Best World's total return (share price gain + dividend) has surged 2,110% since Aug 2015.To recap: The portfolio was started in Aug 2015 after a hearty meal of nasi lemak (and mee rebus) in MacPherson by six investors: Nasi Lemak Portfolio: Will it turn out spicy and nice?
Each investor threw out a name or two along with a brief elevator pitch.
Since then, the portfolio has seen several stock purchases and sales along the way.
Since July 2017, it has the following stocks, and their performance to date is as follows:
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Buy date |
Stock |
|
Initial entry |
30 Mar 18 |
Dividend |
% change |
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27-Dec-16 |
AEM |
|
55.3 |
|
690 |
|
13.3 |
1171.8 |
|
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27-Dec-16 |
ASL Marine |
12.5 |
|
9.9 |
|
0 |
-20.8 |
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23-Aug-15 |
Best World* |
8.6 |
|
184 |
|
6.1 |
2110.5 |
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21-May-16 |
Bund |
|
81 |
|
73.5 |
|
9.4 |
2.3 |
|
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23-Aug-15 |
China Sunsine |
32 |
|
138 |
|
3.5 |
342.2 |
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15-Mar-16 |
Dutech |
|
31.5 |
|
25.5 |
|
2 |
-12.7 |
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23-Aug-15 |
Ellipsiz |
|
31 |
|
64.5 |
|
22.83 |
181.7 |
|
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15 Mar-16 |
New Toyo |
23.5 |
|
25 |
|
3.3 |
20.4 |
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21-May-16 |
Oxley |
|
32.5 |
|
49 |
|
2.07 |
57.1 |
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23-Aug-15 |
Sino Grandness |
29 |
|
19.6 |
|
0.38 |
-31.1 |
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6-Mar-16 |
Trendlines |
22 |
|
12.3 |
|
0 |
-44.1 |
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Realised |
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Cheung W |
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|
-5.6 |
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Global Testing |
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|
26.6 |
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HTL |
|
|
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|
|
|
334.8 |
|
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Innovalues |
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|
29.5 |
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Micro Mechanics |
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|
21.0 |
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Singapore Shipping |
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|
-11.5 |
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Valuetronics |
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|
27.7 |
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Vina Sun Taxi (Vietnam) |
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|
-10.4 |
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Sum |
4189.5 |
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Average |
220.5 |
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Initial buy prices for stocks have been adjusted for corporate actions such as bonus issues. Best World, notably, has had a bonus issue and a stock split.
For simplicity, the average gain of 220.5% is based on each stock's current price (or realised price) and initial entry price, and dividends received, if any.
China Sunsine has benefitted significantly from prices of rubber chemicals rising on tight supply as some competing factories were closed down for violating pollution control laws.
NextInsight file photo.That is, each stock had equal weightage in the portfolio and the stock's holding period was not a factor in calculating the gain/loss.
The striking thing is not just the sizzling gains that AEM, Best World and China Sunsine have chalked up but the continued strong prospects that they seem to have.
And their valuations appear not to have fully priced in the earnings growth that analysts are projecting!
Cautionary note: The Nasi Lemak portfolio reflects the diverse investment interests and perspectives of several investors, each of whom has other stocks not revealed in this article. The point is, these investors' risk profiles and investment objectives are not fully known and may differ from yours.
