Sold Thakral and Saizen

After giving some thought, I decided to sell off my holdings in Thakral and Saizen.  I bought these together with Lippo Malls Indonesia Retail Trust back in November 2012.  You can see that posting I did here.

These are my entry prices and exit prices for the 3 stocks:

1.  Saizen (Entry=S$0.173; Exit = S$0.191)
2. Thakral Corp (Entry=S$0.03; Exist = S$0.035)
3. LMIR (Entry = $0.475; Exit = S$0.525)

There is really nothing to boast about my entry and exit prices.  I am not a good market timer but generally, when the stock market goes up, almost every single stock goes up.  So there is really nothing spectacular about my returns.  

I know some of my previous posts about Thakral and Saizen might have been misleading as I was actually still thinking of loading up some more stocks yesterday and had written the posts earlier but scheduled it to be posted much later.  However, after re-assessing my overall portfolio, I decided to liquidate more of my shareholdings so as to buffer up my cash position.

If you read my posting about "Bull Market or Prepare for Bear" as well as watched the video on Jeffrey Gundlach's market outlook, you will probably understand my rationale for selling.  As they say, "Cash is King".

Thakral Corporation Chart

I have bought and sold Thakral at various times since I started investing.  Few months back, I entered into Thakral at S$0.03.  Now that the price has risen to S$0.035, perhaps it is time for me to take profit?  Including the dividends that were paid out, it is a tidy sum of money.

Investments and Dividends for November

Made quite a few investments this month.  Bought into a few stocks/REITs:

• 50,000 shares of Thakral
• 10,000 shares of LMIR
• 20,000 shares of Saizen

Dividends/passive income for November was quite okay.  Roughly $250.  Most of it were contributed by Gamco Global Gold and Natural Trust (GGN) and Armour Residential REIT (ARR). ARR is a mortgage REIT.  Both stock prices hve declined quite a fair bit but I will like to think that my strategy is one where I will diversify a bit into other stocks rather than focusing on just these two stocks.

I also bought some shares of the Coca Cola Company (KO).