Dividend Magic

Saving and Investing towards Financial Independence in Malaysia

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Gift from Kenanga Investment

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Filed Under: Investment, Portfolio - Freedom Fund 0

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This beautiful red box was delivered to my doorstep today from Kenanga.

I am a PRS investor with them and it is a very thoughtful gesture on their part.

Inside were two packs of very nice ang pows, a calendar and a notebook. Thank you Kenanga.

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Incorporation of a Sdn Bhd

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Filed Under: Dividends 1

I incorporated a Company back in 6 March 2014.

I would like to share my experience and the whole process as it can be tedious and also confusing with the various laws and statutes to comply with, not to mention the forms. This is a 2 dollar company with 2 shareholders. The Company will have its own business and I intend to invest the profits in the stock market.
As mentioned, with the help of a Company Secretary (“Cosec”), S.I. Sdn Bhd was incorporated in March. Fees incurred was around RM1,500.00. Most Cosecs will offer audit and taxation services which I will discuss later.
The documents were prepared by the Cosec with me having to provide a copy of my I.C. and eventually signing all the documents.
It is important to engage a responsible Cosec. I looked around and also asked most of my mentors and friends for recommendations. This would be the best way because a recommended Cosec will put in more effort and treat you better as they were recommended by an existing client.

Dividend Income Update 2014

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Filed Under: Investment, Portfolio - Freedom Fund 4

A list of my dividend income and updates can be found below:

No. Stock Quantity Gross Investment (RM) Market Value (RM)
1
AXREIT
3,018
10,258.79
10,774.26
2
BONIA
23,500
16,560.45
23,970.00
3
CBIP
10,000
14,425.00
21,900.00
4
CBIP-WA
1,666
–
882.98
5
CYPARK
3,900
9,555.00
9,672.00
6
FARMBES
14,400
10,080.00
10,368.00
7
FITTERS
4,500
3,465.00
3,420.00
8
HLFG
700
10,528.00
12,866.00
9
HOMERIZ
8,300
5,727.00
7,055.00
10
MINHO
13,900
16,520.15
10,703.00
11
NESTLE
200
13,376.00
13,720.00
12
PARAMON
6,500
10,010.00
9,815.00
13
SCIENTX
2,600
14,335.10
19,084.00
14
SPRITZER
1,900
3,515.00
3,914.00
15
SUNREIT
7,000
9,940.00
10,290.00
16
SUNWAY
3,600
11,264.04
11,916.00
17
SUPERMAX
4,600
9,982.00
9,568.00
                       Total 189,918.24

Dividends received for the year : RM 3,072.50
Funds remaining in war chest    : RM 10,000

As you may be aware, I have since my last update in April, I have made some significant changes to my portfolio.
I decided to sell off my Affin and CIMB shares and added CBIP, FITTERS, MINHO, PARAMON, SUNREIT, SUNWAY and SUPERMAX. I have also added around RM 4,000 to BONIA.
CBIP has been performing really well and I’m happy with SUNREIT and SUNWAY as well.
However, I fear I may have made a mistake with MINHO. I initially thought MINHO was way, way undervalued, it’s net asset per share was calculated at RM3.15 last, almost 3x the share price when I bought it.

April 2014 – Financial Standing

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Filed Under: Investment, Portfolio - Freedom Fund 6

A list of my present and past dividend income and updates can be found below:

Hello folks,

Time to revive this all blog of mine.
 
I’ll be updating my investment portfolio through this blog, at the very least once a month.
 
First things first, I am a Malaysian investor, 25 this year. Those of you not interested in Malaysian investments, I bid you adieu. I do however also have investments outside of Malaysia.
 
Also, for the most part, I will be focusing on my investments in Malaysian shares. So with that out of the way, lets begin.
 
I have been investing since my my university days. I remembered opening my first stock brokerage account with Jupiter Securities as they had superior (cheaper) rates. I have since switched to Hong Leong e-broking.
 
I started with RM 15,000.00 back in June 2013. Consistently pumped in cash when it became available. Below is my current investment summary.
 
No. Stock Quantity Average Price
(RM)		 Gross Investment
(RM)		 % of
Portfolio
1 AFFIN 1,500 4.1900          6,285.00 5.91%
2 BONIA 5,000 2.5000         12,500.00 11.76%
3 CIMB 2,000 7.5690         15,138.00 14.24%
4 CYPARK 3,900 2.4500          9,555.00 8.99%
5 FARMBES 14,400 0.7000         10,080.00 9.48%
6 HLFG 700 15.0400         10,528.00 9.91%
7 HOMERIZ 8,300 0.6900          5,727.00 5.39%
8 NESTLE 200 66.8800         13,376.00 12.58%
9 SCIENTX 3,600 5.4395         19,582.20 18.42%
10 SPRITZR 1,900 1.8500          3,515.00 3.31%
      TOTAL       106,286.20 100%