UMS hit my cut loss point today. I would have cut it earlier had i been more vigilant in monitoring the stock but i was busy travelling for work in May and holidays in June. The major shareholders and CEO has sold a fair bit last month so perhaps it is time to say goodbye.
UMS has treated me very well. It has given me $1,050 in dividends since i first bought it in 9 March 2012. My capital gains is about 62% above my cost price but as i mentioned in earlier posts, i should put in larger quantum and not the meager sum.
So long for now.
Happy UMSing
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