Stock Name | No of Shares | Average Price | Price |
Mapletree GCC | 6000 | $0.88 | $5,266.14 |
Total Invested Capital | $5,266.14 |
Total Dividend Collected 2014 | $267.87 |
Total Capital Gain 2014 | -$205.97 |
Total Investment Gain 2014 | $61.90 |
Today I sell off my 5000 shares of Frasers Centrepoint Ltd at a small profit of $151.75. This bring down my previous losses of selling Hutchison Port Holding Trust to negative $205.97. The decision to sell off FCL shares is firstly, it is coming to May soon. There is a saying Sell in May and go away. I personally believed in this statement after trading for 4 years, share prices will drop at least 5-8% during May period for almost every year. Secondly, after the all time low of $1.40 per share value of FCL, it had climbed gradually up to 15% which I think I should take a small profit and exit this portfolio. Certainly I will buy back this share again when the time arises as I am very optimistic with the growth of FCL.
No comments:
Post a Comment