Tuesday, 9 December 2008

Transaction of My Portfolio

Bought

Pacific Shipping Trust @ US$0.13

2 comments:

Unknown said...

hello Kit,

you must be very busy at work! Seldome see you post any news recently. I have read the Market Brief 31/10/08 by Pacific Shipping Trust. The news they announce is rather negative. Share is steadily low at 0.13 to 0.145, you bought it for long term investment, mid-term or short term? Trading volumne is very low... what is your opinion on the value of this counter?

Cheers,
Roden

Kit said...

Hi Roden,

I bought PST for the seemingly high yield. The recent share issues should address short term cash needs.