[weekly review] 2019 w5

THOUGHTS
Finally CNY is here! last few weeks were crazy.. its going to continue to be busy
but lets power thru this! BTW i will not be posting stock scan this week due to shrt trading week.

Anyway I mentioned earlier in investingnote, that i maybe thinking of increasing my risk exposure i will write a post specially for it, crystalising my thoughts in writing.

SKILLS

Database. Completed End 2018.

Coding. stalled.

Assessing companies. stalled

Data Visualisation. Stalled

TRADING

Transactions

Thaibev. (350) This was an accidental trade, because i didn't delete it from my watch list, so when i looked at it.. it crossed the blue line, i just entered...nonetheless it is still an uptrending counter.and there was a good big bodied candlestick on friday.

Holdings

Jardine C&C (400). Uptrend in tact. shifted SL higher to protect some profits. waiting for a scale up.. looks like it will come soon! continue to hold.

Fu Yu (200). Uptrend in tact, consolidating now. wait and observe, continue to hold.

Sunningdale (350). Consolidating now. uptrend still valid. wait for breakout and continue holding.

Wilmar (350). Break out after 1 year of ranging! lets take the ride up! hold and scale up!!

YingLi (350) Uptrend in tact. consolidating, so wait for the trend to continue, but exit once break down!

INVESTING

Transactions

Olam (14%). entered on 3rd week of 2019 as an income investment with element of growth. The thinking behind it is documented here. I wanted to enjoy good dividends as i wait for capital appreciation.

The idea is for entry:

• Good sustainable Dividend of ~4%
• Better cashflow than its peers 
• No foreseeable technology disrupting its business

Exit will be when:

• Dividend cannot be sustained due to negative news
• cashflow drops below its peers
• Creditable disruption to its business appears.

Holdings

DBS (23%). entered on 2nd week of 2019 as income investment with element of growth. The thinking behind initiating a position is documented here & here. I wanted to enjoy good dividends while i waited for capital gains to be realised.

Entry was because of:

• Management. Comparatively better management than the other banks, proactively absorbing technology to avoid disruption.
• Attractive dividend yield (5%, $1.2) that is sustainable.
• No foreseeable disruptive technology in sight.

Exit will be:

• when dividend cannot be sustained above 2.6%
• Foreseeable disruptive technology to its business spotted