CDII lost money (China Direct Industries Reports Financial Results for the First Quarter of 2009) after having a terrific 1st quarter last year. They are down from $1.41 to about $1.35, no big deal. They are tied to the price of magnesium and have a bucket of cash as well, so I am not worried.
While yesterday was a bad day, I almost made it up today as my portfolio was up about 2%. TC was the big gainer (up about 10%) and is becoming a dispproportionate share of my portfolio as it is up about 150% since I bought it this year. QXM was up almost 8% as well.
I did add a new stock to my Mechanical portfolio, which is up over 6% in real terms (yes Martha it is making money) and is over 16 points ahead of the benchmark S&P 500. The new stock is IPHS. They are a basic material company that seems to be headed for rough waters. I will not be buying them. I list my performance further down below. It is a bit out of date (I just noticed) as I did not give the S&P credit for end of March dividned of 56 cents. I will fix that this weekend.
Also an update on ADY, which I mentioned in my last post about Chinese stocks and how they had just had a great quarter. They had closed that Thursday at $18.43 and have almost doubled to $35 today. I did buy some at the opening bell Friday for $24, but wish I had bought more.
Finally, I did go to the Preakness over the weekend and saw the great race between Rachel Alexandra (I did pick her) and Mine that Bird.
| Symbol | Date | Original | Current | Dividend | S&P O | S&P D | Stock Chg | S&P Chg | Diff |
| DTPI | 2/2/08 | 4.75 | 2.60 | 0.35 | 139.58 | 2.72 | -37.9% | -38.7% | 0.8% |
| AIRV | 2/13/08 | 5.08 | 5.57 | - | 136.37 | 2.72 | 9.6% | -37.3% | 47.0% |
| CITP | 2/16/08 | 9.98 | 2.21 | - | 135.14 | 2.72 | -77.9% | -36.7% | -41.1% |
| PRXI | 2/16/08 | 4.29 | 1.00 | - | 135.14 | 2.72 | -76.7% | -36.7% | -39.9% |
| CAST | 2/23/08 | 5.06 | 2.83 | - | 135.62 | 2.72 | -44.1% | -40.9% | -3.2% |
| GSB | 3/12/08 | 2.08 | 0.52 | - | 131.36 | 2.72 | -75.0% | -45.5% | -29.5% |
| IGC | 3/12/08 | 3.70 | 0.44 | - | 131.36 | 2.72 | -88.1% | -45.5% | -42.6% |
| LGTY | 3/12/08 | 6.70 | 4.78 | 0.09 | 131.36 | 2.72 | -27.3% | -45.5% | 18.1% |
| MRX | 3/12/08 | 19.45 | 10.26 | 0.12 | 131.36 | 2.08 | -46.6% | -46.0% | -0.7% |
| DEPO | 3/22/08 | 2.74 | 2.55 | - | 132.08 | 2.08 | -6.9% | -36.4% | 29.5% |
| NVTL | 3/22/08 | 8.98 | 6.08 | - | 132.08 | 2.08 | -32.3% | -36.4% | 4.1% |
| VRGY | 3/22/08 | 17.42 | 7.62 | - | 132.08 | 2.08 | -56.3% | -36.4% | -19.8% |
| DLX | 4/6/08 | 19.58 | 11.70 | 1.00 | 136.89 | 2.08 | -35.1% | -34.9% | -0.3% |
| NTRI | 4/6/08 | 14.94 | 14.25 | 0.70 | 136.89 | 2.08 | 0.1% | -34.9% | 34.9% |
| IUSA | 4/6/08 | 5.28 | 4.77 | - | 136.89 | 2.08 | -9.7% | -34.9% | 25.2% |
| LRCX | 4/11/08 | 41.08 | 27.81 | - | 133.38 | 2.08 | -32.3% | -33.2% | 0.9% |
| SLXP | 4/11/08 | 6.47 | 10.88 | - | 133.38 | 2.08 | 68.2% | -33.2% | 101.3% |
| CHRD | 4/19/08 | 5.03 | 3.52 | - | 138.48 | 2.08 | -30.0% | -35.6% | 5.6% |
| QXM | 4/26/08 | 6.26 | 2.73 | - | 139.60 | 2.64 | -56.4% | -36.0% | -20.4% |
| MDP | 5/9/08 | 33.79 | 28.51 | 0.65 | 138.90 | 2.64 | -13.7% | -31.2% | 17.4% |
| OMPI | 5/9/08 | 7.11 | 6.75 | - | 138.90 | 2.64 | -5.1% | -31.2% | 26.1% |
| PPD | 5/9/08 | 43.45 | 40.06 | - | 138.90 | 2.64 | -7.8% | -31.2% | 23.4% |
| ELNK | 5/25/08 | 9.21 | 7.48 | - | 137.64 | 2.64 | -18.8% | -31.9% | 13.1% |
| FTAR.ob | 5/25/08 | 4.37 | 0.86 | 3.00 | 137.64 | 2.64 | -11.8% | -31.9% | 20.1% |
| CHKE | 5/31/08 | 27.25 | 19.09 | 1.50 | 140.35 | 2.64 | -24.4% | -33.2% | 8.8% |
| APKT | 7/5/08 | 4.62 | 7.89 | - | 126.31 | 1.97 | 70.8% | -26.3% | 97.1% |
| CSKI | 7/5/08 | 11.06 | 14.09 | - | 126.31 | 1.97 | 27.4% | -26.3% | 53.7% |
| VALU | 7/5/08 | 32.00 | 28.36 | 1.20 | 126.31 | 1.97 | -7.6% | -26.3% | 18.7% |
| QCOR | 7/26/08 | 4.84 | 4.45 | - | 125.48 | 1.97 | -8.1% | -25.8% | 17.8% |
| MSTR | 8/1/08 | 60.56 | 46.10 | - | 126.16 | 1.97 | -23.9% | -26.2% | 2.3% |
| NVDA | 8/8/08 | 11.00 | 9.45 | - | 129.37 | 1.97 | -14.1% | -28.0% | 14.0% |
| SWIR | 8/8/08 | 12.41 | 5.98 | - | 129.37 | 1.97 | -51.8% | -28.0% | -23.8% |
| CF | 8/8/08 | 134.65 | 81.56 | 0.10 | 129.37 | 1.97 | -39.4% | -28.0% | -11.3% |
| SIGM | 8/8/08 | 15.93 | 15.85 | - | 129.37 | 1.97 | -0.5% | -28.0% | 27.5% |
| EGMI.OB | 9/5/08 | 0.69 | 1.09 | - | 124.42 | 1.97 | 58.0% | -25.2% | 83.2% |
| KHD | 9/15/08 | 20.68 | 8.29 | - | 126.09 | 1.97 | -59.9% | -26.2% | -33.7% |
| TTWO | 9/22/08 | 16.57 | 9.09 | - | 124.12 | 1.97 | -45.1% | -25.0% | -20.1% |
| SCMP | 9/29/08 | 8.29 | 5.53 | - | 120.85 | 1.28 | -33.3% | -23.5% | -9.8% |
| DTLK | 9/29/08 | 4.34 | 3.99 | - | 120.85 | 1.28 | -8.1% | -23.5% | 15.5% |
| TRA | 9/29/08 | 28.42 | 29.12 | 0.10 | 120.85 | 1.28 | 2.8% | -23.5% | 26.4% |
| MSB | 10/10/08 | 10.12 | 11.38 | 0.11 | 88.50 | 1.28 | 13.5% | 4.4% | 9.1% |
| UEPS | 10/10/08 | 14.58 | 13.47 | - | 88.50 | 1.28 | -7.6% | 4.4% | -12.0% |
| TSCM | 10/17/08 | 3.67 | 1.90 | 0.03 | 93.21 | 1.28 | -47.5% | -0.9% | -46.7% |
| EME | 10/31/08 | 17.77 | 22.23 | - | 96.83 | 1.28 | 25.1% | -4.6% | 29.7% |
| CTCM | 10/31/08 | 7.40 | 9.75 | - | 96.83 | 1.28 | 31.8% | -4.6% | 36.3% |
| PRGX | 10/31/08 | 4.24 | 2.92 | - | 96.83 | 1.28 | -31.1% | -4.6% | -26.6% |
| HLF | 11/7/08 | 20.17 | 27.26 | 0.40 | 93.86 | 1.28 | 37.1% | -1.6% | 38.7% |
| GHM | 11/7/08 | 13.60 | 15.13 | 0.02 | 93.86 | 1.28 | 11.4% | -1.6% | 13.0% |
| BIDZ | 11/21/08 | 2.39 | 3.88 | - | 79.52 | 1.28 | 62.3% | 16.2% | 46.1% |
| KBR | 11/21/08 | 10.45 | 17.49 | 0.10 | 79.52 | 1.28 | 68.3% | 16.2% | 52.1% |
| OPTV | 11/21/08 | 0.94 | 1.51 | - | 79.52 | 1.28 | 60.6% | 16.2% | 44.4% |
| IBAS | 11/21/08 | 1.21 | 1.14 | - | 79.52 | 1.28 | -5.8% | 16.2% | -22.0% |
| Vclk | 11/28/08 | 6.17 | 10.69 | - | 90.09 | 1.28 | 73.3% | 2.6% | 70.7% |
| DIVX | 12/8/08 | 4.37 | 4.61 | - | 87.93 | 1.28 | 5.5% | 5.1% | 0.4% |
| MAXY | 12/8/08 | 5.80 | 6.01 | - | 87.93 | 1.28 | 3.6% | 5.1% | -1.5% |
| ESIC | 12/14/08 | 1.13 | 1.88 | - | 88.99 | 1.28 | 66.4% | 3.8% | 62.5% |
| MSO | 12/29/08 | 2.80 | 3.41 | - | 87.16 | 0.56 | 21.8% | 5.2% | 16.6% |
| TRMS | 12/29/08 | 1.03 | 2.18 | - | 87.16 | 0.56 | 111.7% | 5.2% | 106.5% |
| WFR | 12/29/08 | 13.43 | 17.60 | - | 87.16 | 0.56 | 31.0% | 5.2% | 25.9% |
| AHCI | 1/5/09 | 1.15 | 2.14 | - | 92.96 | 0.56 | 86.1% | -1.4% | 87.5% |
| CKSW | 1/5/09 | 1.99 | 4.28 | - | 92.96 | 0.56 | 115.1% | -1.4% | 116.5% |
| COH | 2/16/09 | 13.97 | 25.00 | - | 82.76 | 0.56 | 79.0% | 10.8% | 68.2% |
| DELL | 2/23/09 | 8.41 | 11.56 | - | 77.42 | 0.56 | 37.5% | 18.4% | 19.0% |
| SOLR | 2/23/09 | 4.22 | 5.87 | - | 77.42 | 0.56 | 39.1% | 18.4% | 20.7% |
| DECK | 3/2/09 | 41.27 | 49.74 | - | 73.93 | 0.56 | 20.5% | 24.0% | -3.5% |
| FWLT | 3/2/09 | 15.04 | 24.65 | - | 73.93 | 0.56 | 63.9% | 24.0% | 39.9% |
| HCKT | 3/2/09 | 2.56 | 2.16 | - | 73.93 | 0.56 | -15.6% | 24.0% | -39.6% |
| MWW | 3/2/09 | 6.59 | 13.59 | - | 73.93 | 0.56 | 106.2% | 24.0% | 82.2% |
| PTIE | 3/2/09 | 4.53 | 4.49 | - | 73.93 | 0.56 | -0.9% | 24.0% | -24.9% |
| TRLG | 3/2/09 | 10.22 | 20.13 | - | 73.93 | 0.56 | 97.0% | 24.0% | 73.0% |
| qlti | 3/9/09 | 1.41 | 2.23 | - | 68.92 | 0.56 | 58.2% | 33.0% | 25.1% |
| exbd | 3/9/09 | 12.96 | 16.67 | 0.44 | 68.92 | 0.56 | 32.0% | 33.0% | -1.0% |
| FIX | 3/16/09 | 9.73 | 9.21 | 76.09 | 0.56 | -5.3% | 20.5% | -25.8% | |
| DBTK | 3/16/09 | 6.65 | 8.97 | - | 76.09 | 0.56 | 34.9% | 20.5% | 14.4% |
| LOOP | 3/16/09 | 5.77 | 7.92 | - | 76.09 | 0.56 | 37.3% | 20.5% | 16.8% |
| PRO | 3/30/09 | 4.29 | 6.74 | - | 81.61 | - | 57.1% | 11.7% | 45.5% |
| ACN | 4/13/09 | 27.71 | 30.00 | - | 85.81 | - | 8.3% | 6.2% | 2.1% |
| INFI | 4/20/09 | 5.83 | 6.39 | - | 87.08 | - | 9.6% | 4.6% | 5.0% |
| RST | 5/3/09 | 29.83 | 25.01 | - | 87.89 | - | -16.2% | 3.7% | -19.8% |
| ULCM.pk | 5/3/09 | 2.18 | 2.30 | - | 87.89 | - | 5.5% | 3.7% | 1.8% |
| TYPE | 5/3/09 | 3.80 | 5.35 | - | 87.89 | - | 40.8% | 3.7% | 37.1% |
| CRAY | 5/3/09 | 3.98 | 4.07 | - | 87.89 | - | 2.3% | 3.7% | -1.4% |
| INT | 5/10/09 | 41.90 | 42.29 | - | 92.98 | - | 0.9% | -2.0% | 2.9% |
| IPHS | 5/18/09 | 15.03 | 15.11 | - | 88.71 | - | 0.5% | 2.7% | -2.2% |
| Totals | 6.6% | -10.3% | 16.9% | ||||||
| 72.2% of stocks beat the S&P 500 Benchmark | Closed | -31.0% | -37.2% | 6.2% | |||||
| S&P C | 91.12 | Open | 20.0% | -0.7% | 20.7% | ||||
Posts
4 comments:
Big horse racing afficionado, eh Marsh? Are you really Richard Prout? I like to imagine you doing the REAL Preakness running of the port-a-potties, but I'm going to go out on a limb and guess that the actuary in you won't let you do it...
I turn 50 this year and my birthday wish was to attend all 3 races of the triple crown. I had great seats at the derby, just grandstand at the Preakness, but we did venture into the infield.
Marsh, I know you've been following Chinese stocks recently, and I think you said you're an investor in CSKI. I am as well. Have you seen this recent article about it?
Any thoughts?
http://seekingalpha.com/article/138582-china-sky-confusion-management-is-flying-in-circles
Albert, this guy has been bashing CSKI and playing on investor fears for a number of months. I think the fact that they have hired PwC at all is a positive step. Of course I'd be happier if PwC was the primary auditor as well. That was a big plus for CAST for me. I will say that Saytem in India used a big 4 firm and got away with a billion $ scam.
Some of the answers from the conference call could be a language thing, so that doesn't really bother me.
All-in-all, I do keep my eyes open and pulled back about 1/2 my CSKI when they went over $15. I do think it is prudent not to let my investment there get out-of-balance.
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