Thursday, December 06, 2012

Sinolink Holdings purchased

I have added some more shares to my position in Sinolink Holdings (HK:1168). As noted previously, this is simply and investment in a company whose shares are trading at below the asset backing (in fact, below net cash backing) shown in the most recent interim report.

I have paid up to HK$0.69 per share and my average price is now HK$0.636.

And yes, I am kicking myself for not loading up when the shares were around HK$0.60.

2 comments:

Victor said...

Hi, I just stumbled upon your blog and read several months' posts. Your blog is enjoyable and I wish I can be able to retire at a relatively young age like you.

What is your asset allocation strategy (% of holding across different asset class). From you posts I can see that you have many different investments but I don't know how much of each type of investments make up your portfolio.

Anonymous said...

Hi

Thanks for dropping by and for your kind comments.

This is a good question and one to which I don't have a traditional answer to. In fact, I'm not sure if I have a formal asset allocation target.

It's something that I should be thinking about a bit more and I will put up a separate post on this question.

Cheers
traineeinvestor