Shares & Derivatives
Recent Action – Comfortdelgro
By A Path to Forever Financial Freedom (3Fs)  •  May 17, 2017
Just wanted to do a quick update on Comfort recent quarter results and also some activities regarding Comfortdelgro in my portfolio. I bought Comfortdelgro back in Feb at an average price of $2.42 and managed to divest the shares on the 9th May at $2.73 for a profits of 13% (inclusive of dividend). I bought back the same shares back on the 15th May after they announced their results at $2.55, thinking the support would hold. It was breached rather easily and now am getting caught catching a falling knife. Oh well, that's life. I'll do a quick thoughts on their recent quarterly results. On paper, net profits are up 12.4% but this was due to one of special dividends of $11.1m from Cabcharge Australia, which the company has acquired the rest of the minority shareholdings in the company. Overall, we know that operating ...
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By A Path to Forever Financial Freedom (3Fs)
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