Well, our dim sum portfolio, comprising a diverse range of stock picks, hasn't proven to be sizzling thus far.

After nearly a year of existence, the portfolio has returned a 1.7% loss compared to a 3.9% gain by the ST Index.

The 16 stock ideas came from 11 investors, hence it's a dim sum meal made up of various risk profiles, various return potential, etc. 

But all are supposed to be "tasty" for some reason or other, and a few hold the promise of sizzling returns.


Here's how the stocks did and, boy, were there a number of big disappointments:

Stock

Buy price
($)

Dividend (since July 2017)

15 June 2018
 
share price ($)

Total % gain

Alliance Mineral Assets

0.32

0.335

4.7

Cityneon

0.97

0.935

-3.6

CNMC

0.26

0.002

0.26

0

Del Monte

0.32

0.0061

0.178

-42.5

DISA

0.013

0.009

-30.8

GSS Energy

0.164

0.141

-14

HL Global*

0.41

0.03

0.45

17.1

InnoTek

0.38

0.01

0.355

-3.9

IPS Securex

0.083

 

0.067

-19.3

Mandarin Oriental

2.06

0.015

2.39

16.7

Nordic

0.38

0.01526

0.505

36.9

Sayona

0.07

0.043

-38.6

Singapura Finance*

1.03

1.01

-1.9

SunMoon

0.108

0.057

-47.2

Tawana

0.24

 

0.385

60.4

United Global

0.35

0.007

0.46

33.4

Average

-1.6

*Singapura Finance was sold in Sept 2017
HL Global is now sold


The top gainers were:

Tawana Resources (+60.4%) -- an ASX-listed lithium miner whose Bald Hill project has become the first Australian mine to produce lithium concentrate since 2016.

Tawana and its JV partner, Singapore-listed Alliance Mineral Assets, are headed for a merger in Sept 2018 with a pro-forma market cap of around S$450 million. 

mine6.18Tawana and Alliance Mineral Assets are 50-50 JV partners at the Bald Hill lithium & tantalum mine, Western Australia.
Photo: Shaun Clark/LinkedIn

♦ Nordic Group (+37%) -- a service provider to several oil majors in Singapore. Nordic has won investors over with its consistent 20% earnings growth in recent years.

The big disappointments were Del Monte (-43%) and SunMoon (-47%). Both, coincidentally, are in the fresh fruit business.

Of course, whatever the gains and losses, they are not permanent. The million-dollar question: Which loss-making stocks might yet prove to be big winners?

Background: The starting batch of stock ideas in the Dim Sum portfolio was reported in . 

For simplicity, the portfolio's return was based on each stock's 15 June 2018 price and original entry price, and dividends received, if any. 

 

And each stock had equal weightage in the portfolio. 

The Dim Sum portfolio succeeded the Nasi Lemak portfolio, which had an impressive trajectory over two years that led to a 143% gain. 


Share Prices

Counter NameLastChange
AEM Holdings1.080-0.010
Alliance Mineral0.170-0.003
Anchor Resources0.018-0.002
AusGroup0.029-
Avi-Tech Electronics0.2900.005
Best World Int.1.9300.090
China Sunsine1.2100.010
CSE Global0.520-
Food Empire0.545-0.005
Geo Energy0.177-
Golden Energy0.225-0.005
GSS Energy0.100-0.001
HMI0.550-
ISDN Holdings0.225-0.005
KSH Holdings0.545-
Miyoshi0.052-
Moya Asia0.088-
Nordic Group0.320-
Oxley Holdings0.300-
REX International0.078-0.002
Riverstone1.110-
Roxy-Pacific0.410-
Sing Holdings0.4050.005
SingMedical0.470-
Sino Grandness0.056-0.001
Straco Corp.0.780-0.020
Sunningdale Tech1.330-
Sunpower Group0.535-
The Trendlines0.085-0.003
Tiong Seng0.240-
Uni-Asia Group1.180-
XMH Holdings0.185-
Yangzijiang Shipbldg1.6000.010

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