Wednesday, 26 September 2007

Virtual Fund Transactions

Sold:
50,000 BH Global Marine @$0.755 = $37,750
10,000 Labroy Marine @$2.47 = $24,700

Realised Profit = $300

Bought:
20,000 ChinaEnergy @$1.38 = $27,600
25,000 FibreChem @$1.35 = $33,750

Sum invested = $540,050
Cash holding = $1,179
Realised profit = $41,229 = 8.25%
Unrealised profit = $57,450 = 11.49%

I feel that such a strategic switching of counters is necessary as I anticipate the China counters to continue surging ahead.

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