Portfolio 2014 Initial Investment

Initial Investment on 2014

As usual, every thing has its Pros and Cons. I believe there are lots of people have faith on SPACs and lots of them do not.

After looking at some of the other blogspot, I've decided to start a stock game on my own by having virtual money of RM200,000 where I willl judge the result, by end of 2014.

As per today, I will utilise all of the RM200,000 to buy shares that I think potential and will update in the blog whether I'm selling or buying.

According to the closing price of CLIQ and CLIQ-Wa, as well as SONA. I will "Hentam" all of the virtual money in these 3 stocks. As I'm quite a risk averse person (not sure whether do you think so), I will hentam more on the mother share.

As the inital Investment, I'm buying CLIQ at it's opening price as well as CLIQ-Wa.

The opening price of  CLIQ is RM 0.675
Highest price of CLIQ is RM0.685 while closing is at RM0.665 which drop RM0.01.
 I would purchase CLIQ at the price of RM0.675 by 150,000 units that cost me RM101,250

The opening price of  CLIQ-WA is RM 0.375
Highest price of CLIQ-WA is RM0.38 while closing is at RM0.365 which drop RM0.01.
 I would purchase CLIQ-WA at the price of RM0.375 by 140,000 units that cost me RM52,250

The opening price of  SONA is RM 0.445
Highest price of  SONA is RM0.45 while closing is at RM0.44 which drop RM0.005.
 I would purchase SONA at the price of RM0.445 by 100,000 units that cost me RM44,500

As a result, I've now invested RM198,250 in these 3 stocks and lets take it as RM200,000 as the other are the fees for purchasing such a hefty amount of shares. 

Portfolio
SHARE        Cost                   Units                             Market Value

CLIQ           RM0.675           150,000 units               RM101,250

CLIQ-WA    RM0.375           140,000 units               RM52,250

SONA          RM0.445          100,000 units                RM44,500

Hence, this is my initial investment. To me, SPACs mother share is safe as long as they still yet to buy assets as they are having tonnes of cash. All they are waiting is just a catalayst to push the price up and that is why QA is so important. Of course a good QA will be best. Now we had got everything, and the only thing we are waiting is the catalyst and this take time.

Let's see how my portfolio perform in 2014, hope that it will be a good 1.  FYI, I've no other stocks in my real world portfolio save for this 3 counters and I'm perma bull on SPACs. Will update the portfolio from time to time! 

Good luck to those believers like me!

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