h2.date-header { font-size: 12px!important; } SmallJB's Investment : Other Stock I have bought in 2013

Sunday, 6 April 2014

Other Stock I have bought in 2013

Other stocks that I have bought in 2013 include:
  • Moya Hldg Asia
  • Scintronix^
  • Albedo
  • MacqIntInfra

Basically, they are penny stocks.

Stock Name Buy Sell
Price Volume
('000)
Total Price Total Profit
11/28/2012 Transcu 0.014 20 306.89 0.017
2/1/2013 Moya Asia 0.042 20 867.18 0.048 932.76 65.59
3/7/2013 Scintronix 0.025 30 777.13 0.031 902.78 125.65
3/12/2013 Albedo 0.04 20 827.16 0.053 1032.71 205.55
5/29/2013 Macq Int Infra  0.184 5 947.22
6/6/2013 Scintronix 0.024 40 987.24
8/7/2013 Transcu 0.01 80 827.16

I did manage to sold 3 of the stocks (highlighted in yellow) and earned nearly $400. However, I was so greedy that I do silly stuff again by buying 50 lots of Scintronix @ $0.019 (Total Cost: $933.39).

One year later, the stock got delisted from SGX as the company was in red for 3 consecutive years, this is the very first time I encounter this. I didn't know what to do when SGX announced it. I search from forums and asking people around, but then the price has drop to $0.001. I have not choice but to cut the loss. My net loss: $884.51. This is a painful experience.

When buying penny stock, if I have place a stop loss price. I wouldn't have loss so much. After this painful experience, I start to invest in stocks that are fundamentally strong or give regular dividend. Stocks like REITS and Business Trust are pretty stable and they give out dividend every year. From there on, I mainly focus on REITs and BusinessTrusts.

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