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Sunday, 2 June 2013

SRS - Closing status 31 May

Invested into Tai Sin Electric 18 lots under SRS portfolio some two weeks back.  Its shares was dumped immediately it released its Qtr 3 results with a weak gross profit margin.  But investors soon realized it's really premature to presume bad times ahead for Tai Sin and its share price recover upwards slightly in the next few days.  I took this opportunity to divest it all away in this week for a profit of $120 which is equivalent to an investment returns of 2.3%.

Also in this week for my SRS portfolio l have invested into SingPost 13 lots.  When its share price improved in the same week which resulted in a 1.2% returns on investment costs in it so l did not hesitate further but to liquidate it away for a of profit $212.   

Portfolio walk since previous posting :-

+$6,488 Total Returns as of 23 May

+$332 Gain on sales of Tai Sin and SingPost

-$264 Unrealised positions worsened

+$6,556 Total Returns as of 31 May

previous posting :- SRS - Closing status 17 May

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