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2800 or individual shares?

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  1. #1

    Join Date
    Oct 2006
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    2800 or individual shares?

    So what's your thoughts?

    I've started to sell a bunch of my individual shares, but still hold on to some, the amounts are not massive (ranging from HKD80k to HKD10k).

    At present I own the following that are just sitting there:
    AIA
    Hang Seng Bank
    HK Electric
    HSBC
    Legend
    Power Assets
    SCB
    Tencent
    Link

    Overall the above have done pretty well. I will however offload SCB and Legend very soon. I may sell off a bit of Tencent though.

    I also have the following on MIPs (all around HKD5k for these, apart from Tracker):
    CKH
    New World Dev
    MTR
    Sino Land
    China Mobile
    Sands
    Tracker

    What are your thoughts on keeping, selling, buying more?

    My view is I'll keep the core few, but ditch the MIPs shares as I move to a more worldwide EFT base.


  2. #2

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    Hasn't the bulk of the 2800 performance come from less than 10 shares?


  3. #3

    Join Date
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    3,188

    @pin i have more questions than answers.. After reading book and all threads/articles etc, One nagging question i have is, yes ETFs are the ideal way of value investing but what about markets where ETFs have not developed/matured as it should have been especially in this part of the world (i.e. Hang Seng being so developed market ETFs hardly survive barring few, Im quite bullish on India in long term but actively managed funds regularly outperform ETFs and not sure when and if ETF market will mature there, Probably same goes for China).. For Tracker fund, jrkob explained couple of times it is more lopsided towards China!
    I understand you are in the middle of major restructuring of your portfolio but considering whatever you have posted here so far, wouldnt it make less diversified if you pull out from here and invest more in international market? Besides, looking at your list (without considering any underlying shit for specific stock that i dont know of), it looks like they are all good dividend paying stocks.. why would you want to cash out on milking cows and add more woes to your worries when you have enough liquidity on hand still to be settled somewhere..

    pin likes this.

  4. #4

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    Quote Originally Posted by nivantj
    @pin i have more questions than answers.. After reading book and all threads/articles etc, One nagging question i have is, yes ETFs are the ideal way of value investing but what about markets where ETFs have not developed/matured as it should have been especially in this part of the world (i.e. Hang Seng being so developed market ETFs hardly survive barring few, Im quite bullish on India in long term but actively managed funds regularly outperform ETFs and not sure when and if ETF market will mature there, Probably same goes for China).. For Tracker fund, jrkob explained couple of times it is more lopsided towards China!
    I understand you are in the middle of major restructuring of your portfolio but considering whatever you have posted here so far, wouldnt it make less diversified if you pull out from here and invest more in international market? Besides, looking at your list (without considering any underlying shit for specific stock that i dont know of), it looks like they are all good dividend paying stocks.. why would you want to cash out on milking cows and add more woes to your worries when you have enough liquidity on hand still to be settled somewhere..
    Point taken, however a lot of worldwide ETFs will include Hong Kong as part of their developed market. But like I said, I'm still deciding how to structure things. And yes the above are all good dividend paying shares.

  5. #5

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    Quote Originally Posted by pin
    Point taken, however a lot of worldwide ETFs will include Hong Kong as part of their developed market. But like I said, I'm still deciding how to structure things. And yes the above are all good dividend paying shares.
    might be mistaken but 700 pays less than 0.5% whilst 2888 hasnt issued for a few years

    though 700 has done very very well this year

  6. #6

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    Quote Originally Posted by aussie_oi_oi_oi
    might be mistaken but 700 pays less than 0.5% whilst 2888 hasnt issued for a few years

    though 700 has done very very well this year
    2888 has been a dud, I just keep on forgetting to sell it.

    700 has gone through the roof!

  7. #7

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    For what it's worth I manually construct the Hang Seng Index by buying the underlying shares instead of buying the ETF. I did this for a few reasons that arent really worth mentioning here but one nice side benefit is that I don't need to pay the management fee.


  8. #8

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    Quote Originally Posted by pin
    2888 has been a dud, I just keep on forgetting to sell it.

    700 has gone through the roof!
    You realise what you're describing is a buy high, sell low strategy right?

  9. #9

    Join Date
    Mar 2010
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    I have not analysed ten cent in great detail but I like the fact that they are in epayments through Wechat.
    So I might buy some some day, and break my own rule....


  10. #10

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    Quote Originally Posted by cendrillon
    You realise what you're describing is a buy high, sell low strategy right?
    I bought 700 low, thinking of selling high!

    2888 is another story altogether and is more of a cut losses situation.

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