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Saturday, 13 April 2013

SRS - Closing Status 12 Apr

For my SRS portfolio this week l have invested into GP Industries 8 lots.  On its 9M2013 results on continuing operations, revenue +6.9% and profit +29.1%.  On its way out of core businesses is the automative wire harness division whereby there have been different views with its Chinese partners of its immediate future undertakings amidst difficult business conditions. I am hoping for a same dividend rate as last year of $0.03 for current calendar year so that at my invested cost in it then the annual dividend yield is at 6.3%.


Portfolio walk since previous posting :-

+$5,721 Total Returns as of 28 Mar

-$197 Unrealised positions worsened

+$5,524 Total Returns as of 13 Apr

previous posting :- SRS - Closing status 28 Mar

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