QAV Light Week #42

Hello QAV Light Brigade

It’s another Monday.

The AORD had another positive week. 

Let’s have a look at how our portfolios are doing and what we have to buy and sell today.

PORTFOLIO UPDATES

22.1 Portfolio 

As of this morning, since inception (18 April 2022, which is also when the market started to correct), we are down 5.91% vs the benchmark which is down 0.35% over the same period. We improved our position vis-a-vis the benchmark in the last week, catching up a little, for the second week in a row. 

You can see the full chart and transactions on the Light homepage.

The best performers in the last week were:

22.2 Portfolio 

Inception date 08/08/2022. Navexa didn’t get back to me about the SKT consolidation, so I processed it manually. 222 is up 13.01% vs the benchmark which is up 5.70%. 

The best performers in the last week have been:

The SKT figure looks bad, but it’s just because of the consolidation and capital return. If I drill down into it, with the capital return, it’s actually up 85% since we bought it on 10/11 (assuming Navexa’s maths is correct). 

22.3 Portfolio 

Filled 7/11/2022. We are down 1.74% versus the benchmark which is up 5.21%.

The best performers in the last week have been:

Our top performer last week, BST, has become a sell today. The market didn’t like their results as announced in their AGM last week.

BUYS

** Please remember to review our Buying Guidelines to understand which cap bands you should be looking at and other important considerations. 

DISCLOSURE

In the interest of full disclosure, we would like to advise that, as of the date of this email, the QAV team currently hold these stocks in their personal portfolios:

ALO AMP BPT CGF FHE IGL JHG MQG NAB NHC NWH QAN QBE WAM WDS WHC XTE S32 PRU RRL

Please note that our personal holdings might not include the stocks we recommend in QAV Light. This is because we already have full portfolios (15-20 stocks) and can only add new stocks if we have to sell something.

If you’re interested in learning more, please review our trading and disclosure policy.

FOR NEW MEMBERS

If you’re new to QAV Light, here’s a quick reminder on how it works.

1. We send you an email every Monday advising which stocks we are adding to our Light portfolio.
2. You can copy our trades, but please remember to review our Trading Guidelines to understand which cap you should be looking at and other important considerations. And consult a financial planner before making any decisions.
3. We don’t recommend that you add stocks which are already in our portfolio. Their position on our buy list might have changed since we recommended them. Just start with the stocks recommended after you become a member.
4. If one of the stocks we add breaches one of our sell conditions, we will sell it from our portfolio and you’ll get an email advising of the trade. Again, you can copy our trades, but seek financial advice before making any decisions. And please check your Rule #1 price (see Trading Guidelines).

That’s it for today!

If we decide to buy or sell something, we’ll let you know.