M1 -sold 5 lots early this week under Cash portfolio at gain of $65. Will re-invest into M1 if it goes below $2.45 again.
UMS - Invested another 15 lots. Recent sales of UMS by its CEO raised concern of whether there are something unpleasant happenings in the company. And UMS made an announcement on 8 May confirming business as usual for the company so there are no worries.
On the unrealised positions, both Foreland and UMS contributed combined 80% of total paper loss. To-date, l have 52% of total invested funds in both Foreland and UMS.
The other larger investment of 23% of total invested funds under Cash portfolio is ST Engineering and it is currently still at break-even level despite several rating upgrade by investment analysts.
Portfolio walk since previous posting :-
-$139 Total Returns as of 4 May
+$65 Gain on sales of M1
-$1,477 Unrealised positions worsened
-$1,552 Total Returns as of 11 May
previous posting :- Cash - Closing Status 4 May
UMS - Invested another 15 lots. Recent sales of UMS by its CEO raised concern of whether there are something unpleasant happenings in the company. And UMS made an announcement on 8 May confirming business as usual for the company so there are no worries.
On the unrealised positions, both Foreland and UMS contributed combined 80% of total paper loss. To-date, l have 52% of total invested funds in both Foreland and UMS.
The other larger investment of 23% of total invested funds under Cash portfolio is ST Engineering and it is currently still at break-even level despite several rating upgrade by investment analysts.
Portfolio walk since previous posting :-
-$139 Total Returns as of 4 May
+$65 Gain on sales of M1
-$1,477 Unrealised positions worsened
-$1,552 Total Returns as of 11 May
previous posting :- Cash - Closing Status 4 May
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