Update: Virgin Portfolio Sept 2017

There have been a mix signals in the summer of 2017 with North Korea threats, sell-off in US stocks, EU stock rise and fall, UK economy losing ground and Japan stocks gaining momentum. Since July 2017, Virgin portfolio have gain about 5% overall, which is gaining the tech losses from early summer.

Please read the origin of the Virgin Fund Portfolio here

screenshot 5.png

Virgin Fund portfolio is still beating the FTSE 100 and S&P 500 by almost 10%. Dow Jones is catching up to less than 5%.

The activities in the last three months are.

-NetFlix Sell off at $169 – Profit of almost 100%

-Purchase of IQE PLC at 140GBX.

Selling Netflix was a difficult position. I needed to retain some cash for  a potential correction in the late 2017 market. With news like Disney pulling out of Netflix made me realised the vulnerability of Netflix.

IQE PLC is a British laser and semi conductor specialist which is a few good company with plenty of patents generating good practical approach for mobile phone industry. With Apple going down the Augmented Reality route, I am taking a good risk with IQE who owns of of the best semi conductor laser which could help with AR.

The Top 3 Gain Holdings are:-

  1. Apple [US] – 107%
  2. Microsoft [US] – 66%
  3. Tencents [HK]-  40%

The Last 3 Loss Holdings

  1. Paddy Power Betfair[ UK] – 17%
  2. Amec [UK] – 15%
  3. Premier Oil [UK] – 15%

UK and O&G shares are dragging down the portfolio.With Oil hovering between $47-$52, it is not showing any sign of recovering. Paddy Power Betfair have also dropped from 8500 to 6500GBX.

Future & Final Thoughts; the only way for further growth to push away from the competition would be purchase from market correction.

1 thought on “Update: Virgin Portfolio Sept 2017”

  1. Pingback: Virgin Portfolio November 2017 Update. – MooMooCoo.com

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: