Momentum Strategy June 2013

For June 2013, the updated result is as follows:

Date

Top1

Top2

Top3

Total Equity

Monthly return

Total return

1/31/2012

CIE

REGN

MNST

19,330.50

2/29/2012

CIE

REGN

SOA

24,138.21

23.83%

20.81%

3/31/2012

CIE

REGN

AMLN

25,342.71

2.92%

26.84%

4/30/2012

CIE

REGN

AMLN

25948.91

2.44%

29.87%

5/31/2012

REGN

AMLN

MNST

24754.27

-5.24%

23.90%

6/30/2012

REGN

AMLN

CHSI

23520.91

07/02/2012

REGN

EXPE

CHSI

24421.45

-1.34%

22.23%

7/27/2012

REGN

EXPE

CTRX

24299.32386

-1.84%

21.62%

7/31/2012

REGN

EXPE

ALXN

26203.11

11.40%

31.15%

09/05/2012

REGN

EXPE

EQIX

26443.48

0.92%

32.35%

9/28/2012

REGN

EXPE

EQIX

27888.21

5.46%

39.58%

10/31/2012

REGN

EXPE

WLK

26507.62798

-4.95%

32.67%

11/30/2012

REGN

EXPE

VAC

29135.33875

9.91%

45.82%

12/31/2012

REGN

SSYS

WLK

28690.95875

-1.53%

43.60%

1/31/2013

GMCR

THC

NFLX

30097.76

4.90%

50.64%

2/28/2013

LNKD

THC

NFLX

32002.2662

6.33%

60.17%

3/28/2013

STRZA

THC

NFLX

34641.1162

8.25%

73.38%

4/30/2013

STRZA

VRTX

NFLX

36001.24

3.93%

80.19%

5/31/2013

GMCR

TSLA

NFLX

36675.11

1.87%

83.56%

6/28/2013

GMCR

TSLA

NFLX

37207.24

1.45%

86.22%

Nukeworm month again.

Disclaimer
Please note that the information in the blog are provided for you by way of information only.  All the information, report and analysis were and should be taken as having been prepared for the purpose of general circulation and that none were made with regard to any specific investment objectives, financial situation and particular needs of any particular person who may receive the information, report or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information, reports or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs

SG shareholder's Yield Strategy (june 2013)

For June 2013, the performance is as follows:

Month		EquityValue		Cash		Total portfolio value		Monthly return		YTD return
Mar-13		104,257.75		0.00		104,257.75		0.00%		0.00%
Apr-13		104,159.16		0.00		104,159.16		-0.09%		-0.09%
May-13		101,914.16		0.00		101,914.16		-2.16%		-2.25%
Jun-13		99,129.16		0.00		99,129.16		-2.73%		-4.92%

 Holdings:

Stock Name	Price bought	Amount invested	Unit cost price	Quantity
HYF SP Equity	1.45	11663.51	1.4579	8000
OUE SP Equity	3.07	9260.42	3.0868	3000
KGT SP Equity	1.1	11060.23	1.1060	10000
GUTH SP Equity	0.77	10839.02	0.7742	14000
NSL SP Equity	1.53	10768.64	1.5384	7000
VMS SP Equity	8.66	8707.41	8.7074	1000
GKG SP Equity	0.8805	10622.89	0.8852	12000
FIRT SP Equity	1.245	10014.53	1.2518	8000
YHI SP Equity	0.305	10733.45	0.3067	35000
CHIP SP Equity	0.81	10587.65	0.8144	13000
	Total amount	104257.75

Disclaimer: Please note that the information are provided for you by way of information only.  All the information, report and analysis were and should be taken as having been prepared for the purpose of general circulation and that none were made with regard to any specific investment objectives, financial situation and particular needs of any particular person who may receive the information, report or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information, reports or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs

"little book" strategy in HK (June 2013)

For the little book strategy, the performance in Jun 2013 is as follows:

Month		EquityValue		Cash		Total portfolio value	Monthly return	YTD return
Jul-12		231,821.48		22,033.23		253,854.71	0.00%	0.00%
Aug-12		223,490.00		22,033.23		245,523.23	-3.28%	-3.28%
Sep-12		228,940.00		22,645.99		251,585.99	2.47%	-0.89%
Oct-12		246,210.00		23,213.97		269,423.97	7.09%	6.13%
Nov-12		249,900.00		23,213.97		273,113.97	1.37%	7.59%
Dec-12		263,220.00		23,213.97		286,433.97	4.88%	12.83%
Jan-13		284,490.00		23,213.97		307,703.97	7.43%	21.21%
Feb-13		292,370.00		23,213.97		315,583.97	2.56%	24.32%
Mar-13		274,840.00		23,213.97		298,053.97	-5.55%	17.41%
Apr-13		294,150.00		23,213.97		317,363.97	6.48%	25.02%
May-13		332,177.70		8,405.76		340,583.46	7.32%	34.16%
Jun-13		312,720.00		12425.07		325145.07	-4.53%	28.08%

Note: returns here are total return, dividends and transacton costs are included in the return already.

Turbulance, outflow of funds from EM markets, China's sudden liquidity problem, for the month in June, the HK portfolio suffered a drawdown, as much as -4.53%. 

Disclaimer: Please note that the information are provided for you by way of information only.  All the information, report and analysis were and should be taken as having been prepared for the purpose of general circulation and that none were made with regard to any specific investment objectives, financial situation and particular needs of any particular person who may receive the information, report or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information, reports or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs 

The momentum strategy (May 2013)

 For MAY 2013, the updated result is as follows:

Date

Top1

Top2

Top3

Total Equity

Monthly return

Total return

1/31/2012

CIE

REGN

MNST

19,330.50

2/29/2012

CIE

REGN

SOA

24,138.21

23.83%

20.81%

3/31/2012

CIE

REGN

AMLN

25,342.71

2.92%

26.84%

4/30/2012

CIE

REGN

AMLN

25948.91

2.44%

29.87%

5/31/2012

REGN

AMLN

MNST

24754.27

-5.24%

23.90%

6/30/2012

REGN

AMLN

CHSI

23520.91

07/02/2012

REGN

EXPE

CHSI

24421.45

-1.34%

22.23%

7/27/2012

REGN

EXPE

CTRX

24299.32386

-1.84%

21.62%

7/31/2012

REGN

EXPE

ALXN

26203.11

11.40%

31.15%

09/05/2012

REGN

EXPE

EQIX

26443.48

0.92%

32.35%

9/28/2012

REGN

EXPE

EQIX

27888.21

5.46%

39.58%

10/31/2012

REGN

EXPE

WLK

26507.62798

-4.95%

32.67%

11/30/2012

REGN

EXPE

VAC

29135.33875

9.91%

45.82%

12/31/2012

REGN

SSYS

WLK

28690.95875

-1.53%

43.60%

1/31/2013

GMCR

THC

NFLX

30097.76

4.90%

50.64%

2/28/2013

LNKD

THC

NFLX

32002.2662

6.33%

60.17%

3/28/2013

STRZA

THC

NFLX

34641.1162

8.25%

73.38%

4/30/2013

STRZA

VRTX

NFLX

36001.24

3.93%

80.19%

5/31/2013

GMCR

TSLA

NFLX

36675.11

1.87%

83.56%

The heart breaking story is TSLA ranked lower than VRTX last month and was thus not purchased. The stock shot up nearly150% during May 2013. Can you hear the sound of my heart breaking? :-(

Disclaimer
Please note that the information in the blog are provided for you by way of information only.  All the information, report and analysis were and should be taken as having been prepared for the purpose of general circulation and that none were made with regard to any specific investment objectives, financial situation and particular needs of any particular person who may receive the information, report or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information, reports or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs

SG shareholder yield strategy (May 2013)

For MAY 2013, the performance is as follows:

Month		EquityValue		Cash		Total portfolio value		Monthly return		YTD return
Mar-13		104,257.75		0.00		104,257.75		0.00%		0.00%
Apr-13		104,159.16		0.00		104,159.16		-0.09%		-0.09%
May-13		101,914.16		0.00		101,914.16		-2.16%		-2.25%

The selling-off of high yield stocks and reits near the end of the month obviously had a negative impact on a portfolio focusing on yield.


 Holdings:

Stock Name	Price bought	Amount invested	Unit cost price	Quantity
HYF SP Equity	1.45	11663.51	1.4579	8000
OUE SP Equity	3.07	9260.42	3.0868	3000
KGT SP Equity	1.1	11060.23	1.1060	10000
GUTH SP Equity	0.77	10839.02	0.7742	14000
NSL SP Equity	1.53	10768.64	1.5384	7000
VMS SP Equity	8.66	8707.41	8.7074	1000
GKG SP Equity	0.8805	10622.89	0.8852	12000
FIRT SP Equity	1.245	10014.53	1.2518	8000
YHI SP Equity	0.305	10733.45	0.3067	35000
CHIP SP Equity	0.81	10587.65	0.8144	13000
	Total amount	104257.75

Disclaimer: Please note that the information are provided for you by way of information only.  All the information, report and analysis were and should be taken as having been prepared for the purpose of general circulation and that none were made with regard to any specific investment objectives, financial situation and particular needs of any particular person who may receive the information, report or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information, reports or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs

"little book" strategy in HK (may 2013)

For the little book strategy, the performance in May 2013 is as follows:

Month		EquityValue		Cash		Total portfolio value	Monthly return	YTD return
Jul-12		231,821.48		22,033.23		253,854.71	0.00%	0.00%
Aug-12		223,490.00		22,033.23		245,523.23	-3.28%	-3.28%
Sep-12		228,940.00		22,645.99		251,585.99	2.47%	-0.89%
Oct-12		246,210.00		23,213.97		269,423.97	7.09%	6.13%
Nov-12		249,900.00		23,213.97		273,113.97	1.37%	7.59%
Dec-12		263,220.00		23,213.97		286,433.97	4.88%	12.83%
Jan-13		284,490.00		23,213.97		307,703.97	7.43%	21.21%
Feb-13		292,370.00		23,213.97		315,583.97	2.56%	24.32%
Mar-13		274,840.00		23,213.97		298,053.97	-5.55%	17.41%
Apr-13		294,150.00		23,213.97		317,363.97	6.48%	25.02%
May-13		332,177.70		8,405.76		340,583.46	7.32%	34.16%

Note: returns here are total return, dividends and transacton costs are included in the return already.

May 2013 marks the end of 2012 holding period. So re-evaluation and rebalancing were done.  The new holding are as follows:

Stock code		Stock Name		Unit cost price		Quantity
00623		SINOMEDIA HLDG		5.8300		6000
02698		Weiqiao Textile		0.0000		7000
01234		China Lilang Ltd		4.2360		9000
00189		DONGYUE GROUP		3.8346		9000
01361		361 DEGREES		1.9324		19000
01146		CH outfitter		1.2077		30000
01368		XTEP International		3.4219		11000
00893		CHINAVTM MINING		1.5398		24000
00941		China Mobile		82.8812		500

The new portfolio is heavily concentrated on sportware and casual ware sector, which is the probably one of the most "unloved" sectors in HK at the moment this blog is published. This matches the records in our backtest and the "little book". Nevertheless, lack of enough diversification could potentially be a problem.

Note that 00623 were still in the list but the amount has been rebalanced to maintain equal weight. As such 3000 shares of 00623 were sold.

Disclaimer: Please note that the information are provided for you by way of information only.  All the information, report and analysis were and should be taken as having been prepared for the purpose of general circulation and that none were made with regard to any specific investment objectives, financial situation and particular needs of any particular person who may receive the information, report or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information, reports or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs