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Sunday, 14 April 2013

Cash - Closing Status 12 Apr

In this week for my Cash portfolio l have divested my holding in CM Pacific 4 lots for a nett gain of $81.  It will go XD on 10 May and for 4 lots l would have expected a dividend amount of $110 (4 lots x dividend rate $0.0275) but l have decided to collect 75% of it in advance.  "Driving Growth, Delivering Value" as titled in its 2012 annual report; even though it is a simple headline but it does sums it all up.  Latest events of disposing loss making property development business in New Zealand and the acquisition of Jiurui Expressway will certainly brings in more revenue and profit for CM Pacific.  I will re-invest into CM Pacific, soon.



Portfolio walk since previous posting :-

+$1,308 Total Returns as of 5 Apr

+$81 Gain on sales of CM Pacific

+$611 Unrealised positions improved

+$2,000 Total Returns as of 12 Apr

Previous posting :-  Cash - Closing Status 5 Apr

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