Cash - Closing Status 24 Aug

I have invested into Valuetronics 25 lots this week under Cash portfolio. Its share price gone into after XD on 23 July.  In its 1Q13 results, revenue was higher 20% yoy but at lower profit margin because of product mix.  Inventories, Receivables, Bank balances and Trade Payables are also higher but l reckon these are due to effect of higher revenue in 1Q13. Valuetronics ceased its loss making Licensing business and will be recording its termination expenditure in next quarter (2Q13).  I think this is an important development as it continues to be forward looking and not hesitate on Adaptability to a changing marketplace. 

Portfolio walk since previous posting :-

-$523 Total Returns as of 17 Aug

+$119 Unrealised positions improved

-$404 Total Returns as of 24 Aug

previous posting :- Cash - Closing Status 17 Aug