With my purchase of 3 more lots of Petra Foods, the level of capital invested (i.e. income) has reached S$50,000 with a market value of about S$83,000. About 65% of the portfolio is into Food, and I have entertained the thought of selling off my loss-making stocks (FJ Benjamin, Noble and Wilmar) and hence there is an "Other" slice of 16% to be allocated.
FJ Benjamin has not been booming as I had expected, since 2009. Noble Group and Wilmar are tanking for more fundamental reasons, namely the end of the commodity cycle. I could be wrong and there might be more upside when the market turns.
That said, with that money from selling, I could possible leave it in cash until the next market breakdown, buy more Etika or Super Group, or some banking stock. Option 2 will cause me to be very overweight in Food, and not much of a stock picker. For the banking stock, I am thinking of Hong Leong Finance. The problem is, the smaller "local" banks are being crowded out by the established "foreign" banks.
S$13,000 is quite a bit of money I can play around me. The search for my next stock is on.