Saturday, June 14, 2008

Bought Ezra and portfoilo update

Bought Ezra @2.7 on 10 June 2008.

Boring Portfoilo as of 13 June 2008
Asia Enterprises
Courage Marine
C&G
China Sky
Ezra

Overall, Boring Portfolio had dropped 10.4% as of to-date as compared to STI which had dropped 13.95% since Jan 2008. (Jan Opening 3462.69, 13 Jun Closing 2979.56)

2 comments:

Anonymous said...

Most of ur stocks have high correlation to the market influence

Example:

Courage Marine is heavily influenced by BDI. Shd BDI dip over the nxt few years. Ur Ratios will all disintegrate. Do you have a backup plan for these kinda stocks?

Anonymous said...

Thanks for dropping by abuden.

Upfront, I am not concerned by how the economy performs or the direction of Baltic Dry Index. My primary concern is inflation which erodes earning.

I believe good business will still remain good business regardless of economy direction.