Challenger reported a good set of results, within my expectation. I think they should make around 5 cents this year. Over the past 1 year Challenger has gone up over 40% bringing its stock price to 60 cents, at 12 times earnings I think its fairly priced.

As I mentioned before a couple of times, Challenger still remains the biggest position in my portfolio at around 50%. Given its fairly and not over priced I am not likely to sell any of my shares, I’ll continue to enjoy the ride and collect the generous dividends ^_^