PX Inv - 11 Feb 08

Summary 11 Feb 2006 for cash
Current Portfolio
No _ Company ________________ Cost __ Value __ Profit _ %fol
1 __ Advance Holding ________ $1850 _ $795____ -$1055 _ 7.54%
2 __ Ouhua __________________ $1440 _ $520____ -$920 __ 4.93%
3 __ United Engineers _______ $3860 _ $3450 __ -$410 __ 32.7%
____ Singapore ______________ $7150 _ $4765 __ -$2385 _ 45.2%
4 __ Aberdeen Pacific Fund __ $2000 _ $1926___ -$73 ___ 18.3%
5 __ Cash ___________________ $3850__ $3850 __ -$0 ____ 36.5%
Total _______________________ $13k___ $10.5k _ -$2459 _ 100%

Objectives Till End 2008
1) To reach a portfolio value of 24k (ie to save 13.5k)
Based on above portfolio
=> Cash === $9000
=> Equity = $15000
======> Asia Ex Japan = $7500
======> Middle East === $2000
======> Commodities === $2000
======> Singapore ===== $3500

Current portfolio
=> Cash === $3850
=> Equity = $6765
======> Asia Ex Japan = $2000
======> Middle East === $0
======> Commodities === $0
======> Singapore ===== $4765
* In Singapore, 2 companies are exposed to china and resources related (advance holding and ouhua)
* Third is construction related

Direction ahead
1) Current Cash holdings is about $4k, for the next 9 mths to contribute 14k ($1.5k per mth)
2) To track asia ex japan, middle east, commodities and technologies fund
3) To increase exposure to asia ex jap to $7.5 k from current 2k. ($5.5K in a year)
4) To buy into middle east ($2k)
5) To buy into commodities ($2k)
6) To look at good companies in singapore. Diversity between Industry and Location. (reduce to 20% exposure)
7) Cash Holding to increase to $9k

Immediate actions
1) Liquid of switch singapore companies on good opportunities
2) Invest in interval of $1000 into asia ex jap in 5 different timing
3) Invest in interval of $1000 into middle east in 2 different timing