Bursa and other equities like S&P 500 did well, but china hit me hard, so total portfolio value actually gone down by around -4%++ compare to last year closing

By next year start im gonna allocate another 10% of total portfolio to continue buying china tech all the way till CNY. This round just on hkex, still betting big on possible hk stock connect for alibaba and end of regulatory crackdown for the rest.

-10% is kinda big, could it be ATA ? I doubt you are those kind that will be burn by the likes of serba or fintec.

My biggest drag for bursa has been magni.

Tricky year. Started 2021 with portfolio overweight "recovery n inflation play". This was not wrong but Delta n later Omicron meant that results were not fully up to expectations.

Biggest allocation: STi (Singapore) with 9+% total returns YTD.

It was worse than -10% on that transaction alone. This has already been buffered by all the other gains I made and it still ended up in the -10% position.
It isn't ATA. Nor is it Serba or Fintec. I haven't finished my personal inquest into it. Regardless of the factors, me being an idiot has to be one of them. While the feeling is to sweep it under the carpet and move on with life, this is the sort of thing I want to force myself to frame up and hang in my office so I have to stare at it everyday as a reminder. There is the 5 stages of grief as they say and I'm still not at the acceptance stage yet. As of right now, it's not at a stage that I'm comfortable to share publicly but I can say it'll be a great story to tell over coffee in a few years time. Take away point is, we all make mistakes. The only question is whether we want to see them.

Magni has been dragging for me too. Not too worried about it though, I've got fair confidence their financials are in good stead and it'll pick up when the market does. Them being export focused is going with the theme I have for 2022. Almost all of my holdings in KLSE are export related.

I might be jumping back into Inari as a punt. Had sold earlier at 4.14 but may try to grab some at 3.90 tomorrow.
A little bird relayed some interesting info over weekend dinner.

I double down on China large tech just before Christmas....Now that portfolio is down "just" 5%.

This post has been edited by Cubalagi: Dec 26 2021, 01:06 PM

I also doubled down on China earlier this month. That portfolio is now a significant percentage of my total investments.
If it all ends in tears, I guess I won't be short of company around these parts.

earnings are great, ccp? not great

waiting for the companies to uturn might take a long time

long long time

I still think inflation and recovery is the right play if got in early of the cycle.

If at current price point the risk reward ratio might not be too great.

Sti much better longer term compare to our own klci.

Beyond Didi: Watch These Homecoming China Stock Listings in 2022
Pinduoduo, Nio are among giants that could list closer to home
Hong Kong seen as natural Asian venue for homecoming listings

https://www.bloomberg.com/news/articles/202...istings-in-2022

If I were you, I would not have sold Inari the other day....

But, in regardless of what my couple of sen, the markets showed that you were correct....

anything interesting from that little birdie? I deem inari having a slightly disadvantaged position when apple wants to make their own chips on phone as well but of course, they will still be in charge of thier rf, they are too expanding their customer base right

ada coconot?

this year was okay-ish as well, happy new year guys.

Hovered around 5% and got more than 10% of dividends ?

Hinted to you I was going to trade ATA....

Marked at 52 sen on my 555.... that was for the fun of it...
It went below 40 sen... once suspension was lifted...
didn't trade it till couple of days later....

cashed out at 71 sen.

so gonna shake legs .....

while the chinese companies are doing well, external factors are destroying the stocks

but this is also the sort of argument needed for value investors

'things will go back fine when the companies are in great shape'

https://www.barrons.com/articles/charlie-mu...ock-51633627243

https://markets.businessinsider.com/news/st...ie-wood-2021-11

perfect example of 'be greedy when others are fearful'?

good trade to end the year



tried such 'bad news' + reversal trade with uchi

not good with such trade

didn't see anything at all recently, any updates with anything interesting guys?

things got back a little bit stabler after all those omicron/taper things

Good personal setups don't appear. Sometimes many, many moons also nothing.

Just gotta learn how to wait.

You win some you lose some.
Bought Inari back in at 3.85 which is current price as of right now.

Can't put specific info on a public forum. Expanding customer base is right. Right now only at quotation stage if I'm not mistaken. So I'm getting in first. If the contract is secured and they announce it, I may quote this particular post of mine in the future. Cannot name drop.

Rumours rumours.

I never like to lose



which is why I do not touch Chinese stocks....
and I still won't ....
and I will not be seduced by the price drop....

no choice, have to wait then. breaking rules usually means losses for me


good luck

is it in klci already? next year onwards?

Just wondering is the rm200 cap removed and stamp duty increased to 0.15% on next year january? Is this rules approved in budget 2022?