Invested into Wilmar 4 lots this week. I have an existing 1 lot of Wilmar purchased in Nov'10 currently running at a huge unrealized loss of $3.1k. Initially l have wanted to average down with the 4 lots purchased this week. To break-even with total of 5 lots, l will need to sell all of it at $3.70 but l am unsure whether this price level is achievable due to its share price weakness in recent weeks and months. With this l have decided to sell away the same 4 lots in this week itself at a gain of $493.
Portfolio walk since previous posting :-
-$9,452 Total Returns as of 7 Sep
+$493 Gain from sales of Wilmar
+$1,039 Unrealised positions improved
-$7,921 Total Returns as of 14 Sep
previous journal :- CPF - Closing Status 7 Sep
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