Trade Summary June 2011

After some miserable months, June starts to look a little better. But again, some silly mistakes were made when trying to optimize the portfolio. At times, over balancing is in fact counter productive. More patience is need for events to unfold and things to play out. Too much fear gets in the way for higher profits. The portfolio performance is slightly above the STI performance.

Month Ended	Portfolio Value	Equity Value	Cash Value	DIV (Cum)	Vested	Chg	Portf Perf	STI Perf
31/12/2010	107,021.21	98,120.00	8,901.21		91.7%
31/01/2011	104,898.73	78,760.00	26,138.73		75.1%	-2.0%	-1.98%	-1.00%
28/02/2011	105,063.58	18,350.00	86,638.58	75.00	17.5%	0.2%	-1.83%	-6.26%
31/03/2011	105,074.09	67,770.00	37,229.09	75.00	64.5%	0.0%	-1.82%	-3.30%
30/04/2011	105,679.51	24,650.00	80,954.51	75.00	23.3%	0.6%	-1.25%	-1.03%
31/05/2011	105,154.94	59,330.00	45,309.94	515.00	56.4%	-0.5%	-1.74%	-1.65%
30/06/2011	104,713.75	73,430.00	30,643.75	640.00	70.1%	-0.4%	-2.16%	-2.58%

The portfolio is more stable now.

With the new balancing of the portfolio, hopefully, the following month will see extra boost to the performance.

The trades taken was less than impressive. For the case of Ezra, it was too quick to cut loss. And for Noble, the trade should not have been taken at all.

Trades Since 01-01-2011	Qty.	Buy	Sell	Gain/Loss	Fees	NetProfit	DIV	Tot Profit	% ROI	Bought	Sold
Noble	5000	2.1000	1.970	-650.00	71.31	-721.31	125	-596.31	-5.68%	09/05/2011	13/06/2011
Ezra	10000	1.4200	1.380	-400.00	98.12	-498.12	0	-498.12	-3.51%	14/06/2011	18/06/2011

However, all is not lost. At least, I am not left with a more stable portfolio. With SinoGrandness and Ezra moving very positively, the portfolio is currently about 4% in the money excluding pending dividend (provided I hold on to the counters). Since both SIA and SMRT are relatively stable counter, I would not likely to sell them easily. The price fluctuation of these 2 counters are considered very low.

Stock Name Cash Holdings	Total Qty	Wgt Ave Price $	Last Done Price $	Unrealised P/L	Reason for Entry
Ezra	10,000	1.550	1.595	450.00	Bounce from support
NOL	10,000	1.490	1.485	-50.00	Support / Pullback
SIA	1,000	14.180	14.340	160.00	Trend / Pull back / Oil price
SinoGrandness	40,000	0.468	0.525	2,300.00	Support / Pullback
SMRT	5,000	1.890	1.950	300.00	Support Line / price hike