Weekly Portfolio Update 50
In midst of packing for our upcoming holiday, I managed to review the portfolio for the week. Again there wasn’t much movement in the portfolio, with the profit of our open positions declining due to two more additions (GPT and MGR) that finished the week lower. Just as I wanted to keep it short for the week, I have noticed quite a number of stocks that have given the buy signal for Monday and others that could be a potential buy during the week depending on the price development.
The buys according to my analysis are: TEL (Telecom Corporation of New Zealand) and ERA (Energy Resources of Australia). Following stocks need their monthly swing to point upwards in order to be a buy: SGM (Sims Metal Management Limited) 18.75 or higher, PRY (Primary Health Care) 3.79 or higher and TOL (Toll Holding Ltd) 6.14 or higher. PRY looks particular interesting with a double low for the dates 21st November 2008 (3.46) and 2nd July 2010 (3.45).
I also have a sell for the portfolio. WDC (Westfield Group) had two closes under the uptrend band.
The transactions for last week were:
26th July: Buy 7353 MGR at 1.36
26th July: Buy 3356 GPT at 1.36
As mentioned before the updates over the coming weeks could be a bit delayed, but I’ll try my best to have them up as soon as possible.
As always I am not a financial advisor, nor am I always 100 percent correct applying the rules. If you consider buying or selling shares, always do you own research and analysis.
The portfolio as of 30th July is:
| Current and Closed Positions | ||
| Investment: | 540,019.02 | |
| Current Value: | 603,846.80 | |
| Profit / Loss: | 63,827.78 | 11.82 % |
| Current Positions | ||
| Investment: | 144,994.60 | |
| Current Value: | 146,917.47 | |
| Profit / Loss: | 1,922.86 | 1.33 % |
| Closed Positions | ||
| Investment: | 395,024.42 | |
| Value at Close: | 456,929.33 | |
| Profit / Loss: | 61,904.91 | 15.67 % |
| Code | Qty | Buy Price | Current Price | Profit/Loss | % |
| DJS | 2,203 | 4.54 | 4.80 | 572.78 | 5.73 |
| GPT | 3,356 | 2.98 | 2.86 | -402.72 | -4.03 |
| HVN | 2,841 | 3.52 | 3.50 | -56.82 | -0.57 |
| ILU | 1,370 | 3.65 | 5.50 | 2,534.50 | 50.68 |
| JBH | 493 | 20.29 | 19.14 | -566.95 | -5.67 |
| MGR | 7,353 | 1.36 | 1.33 | -257.36 | -2.57 |
| MTS | 2,451 | 4.08 | 4.45 | 906.87 | 9.07 |
| NCM | 279 | 35.80 | 32.71 | -862.11 | -8.63 |
| PDN | 2,577 | 3.88 | 3.85 | -77.31 | -0.77 |
| SGT | 4,049 | 2.47 | 2.53 | 242.94 | 2.43 |
| SKI | 8,333 | 1.20 | 1.23 | 249.99 | 2.50 |
| TAH | 1,449 | 6.90 | 6.86 | -57.96 | -0.58 |
| TLS | 3,021 | 3.31 | 3.22 | -271.89 | -2.72 |
| TTS | 4,115 | 2.43 | 2.45 | 82.30 | 0.82 |
| WDC | 810 | 12.35 | 12.21 | -113.40 | -1.13 |
