Yeah, Inari is basically at fair value. It's also a dangerous play to me as the semicons have very high expectations and there may be little if any at all margin of safety.
Anyway, do you guys have any opinion on my stock buys? I'm in for the long-haul but I'm a fairly new investor (less than 6 months) and sometimes I wonder if I am doing things correctly.
My positions (so far none sold):
Bumi Armada - Early Jan at 0.605, mid Feb at 0.63
AirAsia - Late Feb at 2.67
Ikhmas Jaya - Late Feb at 0.57
ES Ceramics - Early March at 0.465
Parkson - Early April at 0.64
Tenaga Nasional - Late April at 13.68
Heveaboard - Mid May at 1.29
Hope you guys can offer your thoughts on the above collection. Did I overpay on anything? Were there some good buys? My net returns (less of entry and exit fees) is currently at 5.88% (gross returns excluding fees is at 7.10%), and my earlier buys were in much smaller dollar amounts than my 3 latest ones.
At the moment I am in two minds whether to take profit on Ikhmas Jaya or not, and soon perhaps on AirAsia. I'm keeping the rest for long term.
I have some others on my heavy watch list: Tan Chong Motors, Tambun Indah, MMHE, Prolexus....and the following on my light watch list: Cycle & Carriage Bintang, UMW OG, Khind, Country View
PWORTH, worth to include into your portfolio. Got a logging licence in Sabah just today.