Cory Diary: Rude Awakening - Sarine Tech

Sarine Tech has been slumping since end 2014. If a stock is to fit into low can get lower, this maybe the one. This stock has been on my radar for few years.

What so interesting about it is that it has unique technology and kind of "monopoly" on the diamond cutting segment. A world leader in diamond cutting technology. This seems to have a strong moat so how wrong can it goes on fundamental. It is also on one of Edge selected stock before. There are so many pluses to invest in.

Temptation was pretty high to have a stake in it but I did not and missed all the opportunities at 1.8, 1.6, 1.5 etc.... as i feel something is not right. I could not connect the centuries old manual cutting, india, isreal, london market and diamond trades.

This morning i saw it slumped more than 10% erasing all the gains since 2013. That's the danger of stock investing and why one must do diversification. Even with that, ones have to be careful with ones own money even if is just 1% of your net-worth.

 It will be nice to hear views from those who are still vested. Fundamental, Market and current situation. What's the hell is going on as the story of the business sounds good. Trade with care my friend. Invest with care double !


Cory
20171011

Cory Diary : XIRR Performance - Interim Q4 2017 Oct Update

Is  way past Oct'17.  STI rides backup again. Below table is my Interim result.  Interim Q3 on link here. My investment life returns moved 0.1% lower down to 7.1% with passing time since I need increasing profits to maintain the score till year end.

STI YTD beats me today with 14.3% score.... . However my bottom base XIRR End of Year still moves up. It will be 12.6% year end if profit same at year end for annual comparison purposes.

There is some buying/selling but they are little changes . I did some shift to stronger fundamental companies allocation and on way to create a wider robust base for next year profit probability.

Current Investment sector as follow. Reits/Trusts only about 1/3 however they make up 2/3 of this year total return.

Cory
20171009

Cory Diary : Portfolio Updates 20170916, STI Comparison

When 5.05 pm hits yesterday, STI ended lower at 3209.56 which is sweet and bitter. What this mean is STI has performed 11.4% increase ytd excluding dividend. Is a little bitter because if you look at the chart below STI Index is one of my larger position. Interestingly my XIRR excluding "Fixed Income" hits 12% finally beating STI if we exclude dividends. No prize for my next milestone.

There is no fresh fund injection since last withdrawal in April. I do not foresee fund injection till end of year. Trading has been curbed some. However as I may have stated previously, a goal for my dividends to cover all of my monthly loans will be a nice target to hit. Is already Sept and it will be nice if I have a concrete plan into next year strategy. Things in my minds.

• What stocks may run up ?
• What Stocks to keep for dividends ?
• What counters to minimize volatility ? 
• What fund size to target ?
• How will Local market perform ?
• What sector i should focus in ?
• What currency to be heavier in ?
• What to cut loss ?
• What to take profit ?
• What to diversified

Cory
20170916