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Thursday, July 23, 2009

Exciting trading week

Monday profit taking on Koh Brothers continued today after I sold off all Epure International shares at a price of S$0.565 per share. Gain on Epure International is approximately at 14%. Reason for the sell-off is purely on profit taking.

An unexpected interest and high trading volume on Hai Leck shares made sell-off of my only 10,000 Hai Leck shares possible today too. The shares was bought at S$0.26 per share at IPO and is now sold off at just S$0.265 per share. This sell-off resulted in a small calculated loss inclusive of brokerage charges, however, this small loss is reversed into a small profit by an earlier distributed dividend. Reason for this sell-off is to get on with my life.

After three sell-off in a week, I am now left with just four stocks in my stock portfolio and they are Singapore Exchange, Singapore Technologies, UMS Holdings and Healthway Medical. I am planning to offload UMS Holdings and Healthway Medical soon.

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