I have held Metro Holdings shares since 2012 and am thus very familiar with Metro’s operations and businesses. This post won’t be a detailed analysis of Metro as I have yet to fully digest the latest FY16Q4 results.
I have lightened my position in Metro Holdings the past week though, for reasons that I may discuss in a later post. The share price of $1.06 that I sold at, gave me a fairly comfortable return from my initial average purchase price of $0.75. As of the time of writing, I still own a sizable position.
It’s hard not to at least lighten my position a little, when the share price has done this since the start of 2016:
Metro has just today, announced a new CEO to replace the recently departed Jopie Ong.
“The Board of Directors of Metro Holdings Limited (“Metro” or the “Company”) is pleased to ......