This week under CPF portfolio l have invested into Wilmar 1 lot as l felt that it's share price has stabilized after recent months and weeks of sell down. But its share price did went down further slightly and that's when l felt that perhaps l was wrong to re-invest into it so l have letting it go within the same week. Another reason to sell was because I have also thought that it would post another set of bad results.
When Wilmar announced its latest results this week and on quarter-to-quarter basis, both sales and profit have improved. l will not look at its results versus previous year as that's already kind of obsolete. With an improved quarter on quarter sales and profit then l do feel that perhaps l can consider accumulate it as and when its share price weakens.
For now, due to incorrect prejudgement so l have to suffer a small loss of $13 when l bought and sold Wilmar 1 lot in the same week itself.
Portfolio walk since previous posting :-
-$8,189 Total Returns as of 12 Oct
-$13 Loss on Wilmar investment and divestment
-$128 Unrealised positions worsened
-$8,331 Total Returns as of 9 Nov
previous journal :- CPF - Closing Status 12 Oct
When Wilmar announced its latest results this week and on quarter-to-quarter basis, both sales and profit have improved. l will not look at its results versus previous year as that's already kind of obsolete. With an improved quarter on quarter sales and profit then l do feel that perhaps l can consider accumulate it as and when its share price weakens.
For now, due to incorrect prejudgement so l have to suffer a small loss of $13 when l bought and sold Wilmar 1 lot in the same week itself.
Portfolio walk since previous posting :-
-$8,189 Total Returns as of 12 Oct
-$13 Loss on Wilmar investment and divestment
-$128 Unrealised positions worsened
-$8,331 Total Returns as of 9 Nov
previous journal :- CPF - Closing Status 12 Oct
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