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SRS Portfolio 31 July 2021 – Sale of AEM Holdings
By Mr. IPO  •  August 2, 2021
I sold off 15,000 shares of AEM Holdings in my SRS portfolio last week. I had a trailing stop on AEM and it was triggered when the $4 support was breached on 27 July 2021 and that crystallised a profit of more than $7,000 for the position that was acquired in May 2021, not including the dividends of $600 that was received. The trailing stop is a matter of discipline I have instilled for my capital management (protection) and not a reflection on the fundamentals of the Company. I will continue to monitor the tech stocks I like (AEM, UMS Holdings) for a re-entry point and the cash balance as of 31 July 2021 stands at $234,000. Happy SRSing...
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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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