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Sunday 18 October 2009

Took profit on Cambridge Industrial Trust and Courage Marine on 2nd October 2009

Rationale

Both had almost doubled in share price since I acquired them. For past investments, I would have sold 1/2 of my holdings to recover my capital and let the 'profit' grow. But for Cambridge Industrial Trust (CIT) and Courage Marine, I decided to trim my holdings by about 1/3 each instead.

I decided to keep more of their shares because I am still confident of their potential to grow much further once the regional and global economy recover strongly.

On the other hand, I still took some profit because no matter how big that potential is, I prefer to diversify and raise cash for future investments.

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1 Comments:

Anonymous Financial Freedom said...

Hi Market Uncle,

It is seldom that we can find bloggers who are Singaporean and who are also interested in investing.

Care to do a link exchange?

Best rgds,
Financial Freedom

19 October 2009 at 18:15  

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