Cut loss on Stratech, TPV and ChinaAnimal Healthcare

I finally sold off three of the four stocks I said I would be selling. Stratech has been in the red for a long time. This was made worse by me subscribing to the excess rights which are not accounted for her. My initial investment of SGD 1,000 halved with no dividends in between.

What did he really mean by volatile and choppy?

I was reading Today yesterday evening and I saw one of those seminar advertisement.  In the small colored space was a claim that the speaker had correctly predicted the nature of 2010's stock market - volatile and choppy. I pity the fool who believes everything he reads in the newspaper, what more marketing paraphernalia.

Looking For Investing Ideas Between S$2,000 - S$3,000

About $500 worth of dividends over the past and coming few days. While I am about $1,500 short before reaching the $20,000 mark of capital invested (money from my salary, not from gains and dividends). If I were to divest some of my smaller loss-making positions, namely Asiatic Group (break even) and Stratech, (down 2 cents from purchase price) it will top the amount to $3,000.

A slight deviation. I have been holding on to Asiatic and Stratech since the middle of last year. Although the power making Asiatic has seen a run up in share price, it was all down hill for motion sensor company Stratech. After a brief turnaround, which saw it being taken out of the SGX Watchlist, Stratech slumped back into the red with a loss-making 6 months.

What will I do with the $2,000 - $3,000? Since the end of the month is coming, I am feeling trigger happy but there a lack of good investing ideas. I flipped through my dad's past edition of Shares Investment and struggled to find any leads. I would like to average up on my existing holdings, namely Etika International or C&O Pharmaceutical but it would dilute any sense of "multi-bagger-ness". I did also consider China Animal Healthcare, but the stock has had its dual-listing almost priced in. I can of course keep the money as a cash buffer in my portfolio.

Here is a list of companies other than I am holding that I may research and take action on, if you have other good SGX-listed investing ideas, do post your comments!

1. Del Monte Holdings. Very illiquid stock doing FMCG which is an industry I love most.

2. Ezra Holdings. Very geared company but it is making its move to cement its market share through latest acquisition of Akers. But I can only buy one lot.

3. AusGroup. Exposure to the Australian mining sector but as a contractor, it is prone to margin pressures as well as competition from outside Australia.

$10,000 Fully In Stocks

Following a rumor (something which you shouldn't do!) I bought 21 lots of Stratech, this brings my portfolio to $10,000 (plus a little spare change) fully into stocks.

My $10,000 portfolio now looks like this:

5 Asiatic