Value Portfolio update

The Graph below shows a comparison of my value portfolio returns vs the STI ETF returns for year to date (courtesy of Stockcafe). The value portfolio is returning a time-weighted return of about 35% while the STI is returning about 15%.

Some good news on the value portfolio that accounts for the market beating performance comes from Ellipsiz, KSH and Chuan Hup.

Ellipsiz - Looking back, the $0.38 cash offer by Lum Chang about a year ago seems like a joke. Now its worth about twice as much and with the recent special dividend, the total return stand at about 80% (annual incl dividend).

KSH - Her share price surges due to the Gaobeidian township development project and they also issued a 4:1 bonus shares. Unfortunately their share price weaken recently due to a 34% drop in profit for the full year. Nevertheless the return on KSH is still around 80% (incl dividend).

Chuan Hup - Announces a 74% in full year profit jump and the share prices surges. a good 20% gain (incl dividend).

Apart from the good news, there are few counters that's still negative for me. One of the main one is CDW at -16% (incl dividends) . Despite her poor earnings, she is still low in debt with a PB of less than 1. Lets see if she can turn things around.

Happy Value hunting.