My portfolio is turning green all over the place…

Sadly, last year’s top performer Ellipsiz is languishing in a stalemate - range bound btw 75-85cts. Good thing I reduce my holding by 50%; still has an uneasy feeling it may suddenly shoot to $1.

This year’s brightess star must be SunPower - shining so briliantly moving up almost 80% from low of 13cts to 21cts. Managed to squeeze in Genting at 88cts; a lucky number no doubt. Maybe do a quickie contra if it hit $1 tomorrow.

Another sleeper that is waking up is HGMetal… this was a huge disappointment abt 3 yrs back. It had remained dormant after moving down to abt 25cts from a high of 60cts. No doubt, it was paper loss most of the time; The main reason I did not sell off was because of the relatively generous div @4+%. There was significant recovery in price, moving up ever so quietly… Unfortunately, I did sell off some 2 days earlier @46.5cts while today’s closing stand at @51cts… At least overall, I managed to retain the capital for those lots that was sold.

Others counters taking a back seat at this point in time are;

1. MIIF - good div return; >6% based on buying price
2. Noble - only left bonus issue; intend to buy back when funding permits, hope it does not make a run before that…
3. Riverstone - new ipo; tough luck… range bound @ipo price… only managed 2 lots for the ipo and had to top up @ premium from the open market… but, have a feeling this one will eventually move when reporting comes.
4. K1 Venture - failed to meet expectation; some paper loss at the present moment. Full of potential, but market just refuse to recognise it. Good thing there was a redistribution back of 15% capital

Well, it’s been almost as good a new year as it was in 2006. Obviously I hope to surpass my target set for 2006 and 2007 by a big margin.