Monday, April 30, 2012

Fairwood purchased

Today I added a few more shares to my position in Fairwood Holding (HK:52). The fast food company has done a good job in expanding at a sensible pace in the face of rising rents and rising labour costs. The shares offer a trailing yield of 5.5% which is attractive and, I hope, something that has the potential to grow over time.

I paid HK$13.10 for the additional shares.

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