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Starfish SRS Portfolio Update – 17 March 2013
By Mr. IPO  •  March 17, 2013
Time for a weekly review of my SRS portfolio. It is shaping up nicely from my end Feb posting, where the unrealized portfolio valuation continue to increase and the main contributors are Far East Hospitality Trust, Nera Telecom and SPH.

Far East Hospitality Trust


My entry is the green arrow back on 29 Aug 2012 and it has a nice run up last week to a record high of $1.22. The major news announced in March was the attainment of a triple BBB grading which allows the company to issue debt at a much lower interest rate. The counter is up 23% from my entry price.

Nera Telecom


Nera Telecom continues its upward onslaught. The company is currently undergoing changes as it appoints new directors to chart the course of the company. Hopefully the PE guys can perform some 'magic' to this company. The counter is up 64% ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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