Shares & Derivatives
SRS Portfolio – 30 April 2014
By Mr. IPO  •  May 10, 2014
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I received my SRS statement for April. My small positions in Overseas Education and UMS holdings continued to do very well. They have almost doubled the original cost.

UMS Holdings


UMS has done extremely well, defying all my original expectation and it just announced a set of quarterly profits that was 63% better than the quarter one year before! 


As mentioned to you in my previous post, I will need to invest a substantial amount in such good company in order to retire early and not the meagre 10,000 shares. On the other hand, i wonder if precisely of the small position, that is why i am extremely patient with them and allowed them to run for the long term (since it is not going to move a needle).  haha ^_^ 

This stock pays a dividend of 1 cents per quarter! So probably the learning point will be ...
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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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