Tuesday, March 10, 2015

Latest action: Sold Venture

Just a short post to update readers. 

I sold Venture to increase cash.

There are 2 reasons to sell, either target is meet or moat is lost.

I am glad it is the former. 

When I research VENTURE, I see clear sky for the next 2 - 3 years and I expect to keep getting 3 round of dividends, any capital gain is bonus.

Given I got my 2.5 years of dividends in 9 months, I am contented to take risk and money off the table.

May the person taking over VENTURE huats!! 

That's why I never proclaim myself as a Value investor, I can't resist taking profits. Since my buy target is reached I pass.I do think Venture has a certain Morton terms of capabilities. 
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10 comments:

  1. BMarch 10, 2015 at 5:37 AM

    Hi SI

    Congrats on the gain. Nothing to regret about, you've made pretty gains down there.

    With Dow looking red right now, I think it might be a good move after all :D

    ReplyDelete
    Replies
    1. SillyinvestorMarch 11, 2015 at 4:40 AM

      Hi B
      I think as long as Venture do not go till $10 over the next year, I am ok.

      But even if it does, just be happy for the guy who bought it. Easy reframjng

      Delete
  2. la papillionMarch 10, 2015 at 5:51 AM

    Hi SI,

    Yeah! So this is where you got the money to buy your small umbrella! LOL

    ReplyDelete
    Replies
    1. SillyinvestorMarch 11, 2015 at 4:41 AM

      HI LP,

      There is a drizzle today. Let's hope it dun start pouring. But anyway, I think I am ok with 10 min rain

      Delete
  3. yehMarch 11, 2015 at 11:40 PM

    after my paper loss in dmx n oxley keep increasing. i decided to sell them and cut loss.

    sighz....

    ReplyDelete
    Replies
    1. SillyinvestorMarch 12, 2015 at 7:28 PM

      Yeh.

      No prob, we all pay school fees to Me market. My Lippomalls also doing badly. And it's a big part of portfolio. Just have to take dividends as wait it out

      Delete
    2. yehMarch 13, 2015 at 10:23 PM

      Hi SI
      PB is out. Just enough to cover my stupid mistake.

      Losses from dmx n oxley

      Delete
    3. SillyinvestorMarch 14, 2015 at 5:18 AM

      Hi Yeh,

      Sorry to hear that. Like what AK say, whatever don't kill you means you stronger!!

      Know from the incident, I have counter that are bleeding too. Chill

      Delete
  4. Value Investing SingaporeJuly 18, 2016 at 6:06 AM

    I think profits can build up to certain levels in a 3-5 years time frame. if it is good, why not sell it and go for another undervalued stock?

    ReplyDelete
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