CPF - Closing Status 4 July

Invested into CM Pacific 5 lots in this week as part of usual and active CPF stock holdings re-balancing.  For its 1Q2014 financial results, revenue +6% driven by the revenue growth from Yongtaiwen Expressway which accounted for 80% of its revenue.  Profit +14% driven by higher profit contribution from its toll road assets and the recognition of deferred income and effective interest income on compensation receivable from the relocation of certain toll stations along the Guihuang Highway. This was partly offset by higher finance costs and withholding tax and lower exchange gain. 

 CPF stock holdings walk since previous posting :-

-$4,660 Total Returns as of 20 June

-$139 Unrealised positions worsened

-$4,799 Total Returns as of 4 July

previous journal :- CPF - Closing Status 20 June

Remarks :- Profits locked in to-date $2,994 / year 2014 $2,349