Thursday, December 11, 2008

Performance to date on USE ( 367 Days)

BATU - 900, BOBU - 680, DFCU - 710, NVL - 1510, SBU - 145, UCL - 125

For the last 3 months I have been unable to sell my BOBU for lack of demand and watched in dismay as the price went up through the roof and then came down again to a point where I think the shares are at a fair value. This means I will now hold the ones I was unable to sell (90% of them)

BOBU 130% annualised
DFCU -7.1% annualised

Consolidated position is 23% annualised.

Current Strategy
Buying: DFCU
Watching: UCL BOBU
Selling: all others