Shares & Derivatives
Cash Quota & Notes on Colex Annual Report / past records
By A Pen Quotes  •  April 12, 2015
1) Cash Quota I have previously written about increasing my cash quota. (read here) I have not been very successful (have bought some Colex shares instead). However, I have recently sold some Super Group shares to raise some cash (only 1/10 of my current Super Group holdings). My net wealth in cash stands at a pathetic 6.2%. I haven’t sold any shares since 2011.This is the first time I sold any (no doubt it is only a small amount). I don’t like to sell my complete holding of the shares of companies unless their fundamentals deteriorates drastically (or selling any shares for that matter). Having said that, I do not think Super Group’s fundamentals have deteriorated. I have sold some shares of Super Group as I felt that the current valuation is a bit high. The current P/E ratio is 24.25 (if you compare the historical ......
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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