Redtone just released its 3rd quarter earnings today. In a nutshell, nothing spectacular and in fact, I'm rather disappointed with the latest two quarter earnings. Hence, I felt the current stock price is fully valued and has little room to further move upwards. Therefore, I have sold all my remaining Redtone stocks at 0.77. My average entry price back in early 2013 was 0.40. My gross profit for this transaction is 93%. Earlier, I sold Redtone at 0.74. Adios Redtone and thank you for the great profit.
Wednesday, April 23, 2014
Tuesday, April 15, 2014
Matrix Concepts proposed 2-for-1 Bonus Issue
Please be informed that Matrix Concepts has proposed 2-for-1 Bonus Issue.
It still has to obtain Board of Directors & SC approvals which may take another 2 months.
If Matrix can continue to grow its revenue & profits, the BI is viewed as a positive move.
It still has to obtain Board of Directors & SC approvals which may take another 2 months.
If Matrix can continue to grow its revenue & profits, the BI is viewed as a positive move.
Tuesday, April 1, 2014
Portfolio Performance as of 31 March 2014
Here's my first quarterly update on my 2014 portfolio performance. As usual, stocks that were sold in 2013 has been removed. Overall, it's a pretty good first quarter for me.
| Stock | Purchase Date | Selling Date | Purchase Price | Selling Price | Current Price | % Gain/Loss |
| Pjdev-wc | 25-Jan-11 | 0.305 | 0.72 | 136.07 | ||
| Redtone | 3-Jan-13 | 31-Oct-13 | 0.4 | 0.74 | 85.00 | |
| Redtone | 7-Jan-13 | 0.405 | 0.725 | 79.01 | ||
| Ytlpower-wb | 21-Jan-13 | 0.435 | 0.515 | 18.39 | ||
| Matrix | 22-Aug-13 | 2.6 | 3.8 | 46.15 | ||
| Digista | 18-Oct-11 | 9-Jan-14 | 0.405 | 0.3 | -25.93 |
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